Optimization of Chinese power enterprises R&D staff incentive mechanism

With the deepening of electric power market reform in China,the monopoly edge of the state-owned electric power enterprises will lose.On the basis of the existing post performance salary mechanism,Chinese power enterprises need to optimize the incentive mechanism of R&D staff,to arouse the R&D staff's enthusiasm and creativity,to adapt to the new market competition and further improve market value.Whilst the incentive mechanism optimizing processing needs to consider not only the changing market environment but also the personal and working characteristics of R&D staff.This paper summarizes the characteristics of the current Chinese power enterprises' R&D staff:staff's theory quality is high,but insensitive to the market;they are confronted with heavy workload and diversified job choices;managers can observe their behavior choices or not;besides,the process of R&D is complex and the market reactions of R&D achievements are uncertain.Based on the premise of the above features,two incentive models are established in this paper from the point of view of enterprise managers.One is for the situation when staff's behavior choices can be observed;the other is for the situation when staff's behavior choices cannot be observed.Through solving the model,we analyze the optimization path of electric power enterprises R&D staff incentive mechanism under these conditions:(1) when staff's behavior choices can be observed,managers can pay more to the R&D staff who develop products with higher output value,in order to encourage them to work harder.(2) when staff's behavior choices cannot be observed,managers should take reasonable strategies according to the different situations:a.when R&D staff incentive totally depend on the market value of the R&D achievements,managers should allocate workload rationally according to their different technical levels;b.when the market reactions of R&D results become more precarious,managers need to reduce the incentive intensity which based on the market value and raise their fixed salary level;c.when R&D staff become more risk averse,managers should reduce the incentive intensity which based on the market value and raise their fixed salary level;on the contrary,managers should improve the incentive intensity and reduce the fixed salary level.

The Opportunities and Cooperation for Electric Power Enterprises on the New Silk Road Economic Belt

New Silk Road Economic Belt has an important strategic significance for European and Asian economic integration, which is a concept that formed on the ancient Silk Road and is about of contemporary economic and trade cooperation. The focus of New Silk Road Economic Belt integration strategy implementation is the energy integration. The key areas in energy development are electricity, oil and gas. This article analyzes the opportunities and challenges for the power equipment manufacturing enterprises, power generation enterprises and electric grid enterprises on the New Silk Road Economic Belt. This article also emphasizes the importance of seizing the development opportunities and strengthening the international power cooperation.

Chinese Enterprises Have More Discourse Power

This year’s B20 meeting has produced 20 policy recommendations.My involvement in the SME working group has given me more insight into the increasing discourse power of Chinese entrepreneurs.We are facing a time of digital globalization.As one of the first explor-

Supply Chain Cooperation between Coal Enterprise and Electric Power Enterprise in China

Based on the two-stage Stackelberg game method, value creation of supply chain cooperation between coal enterprise and power utilities is studied by formulating profit functions of coal and power enterprises and calculating the maximum profit. According to the analysis, it is found that the profit from supply chain cooperation between coal and power enterprises is more than that of non- cooperation. The cooperation is validated to be beneficial for both units; however, the profit is mainly taken by the power enterprise. Thus, it is necessary to set up the incentive mechanism to distribute cooperation value between coal and power enterprises to promote their continual cooperation.

战略联盟——中国企业国际化核心竞争力的催生剂

中国入世的成功意味着中国企业向国际化及全球化迈出了一大步。建立战略联盟成为中国企业国际化进程中核心竞争力的催生剂。本文从资源补缺、规模经济、降低风险、技术创新几个角度深入分析了联盟对中国企业国际化核心竞争力所起的作用。

Three Management Innovations of SGCC and Three Transformations of IBM

Through analyses of the three transformations of IBM and the three management innovations of the State Grid Corporation of China (SGCC) and its consequential achievements, this paper condudes that the key to management is innovation. An enterprise can obtain core competitive advantages for sustainable development only if the innovation it makes is closely integrated with its management. Hereby SGCC has set up a good example for other state-owned enterprises to carry out innovational management.

Application Research of Ingroup Preference in Employee Relationship Management

With stepwise development of Chinese enterprise,management problem is increasingly prominent,especially human resource management issues. Facing international environment of entering into World Trade Organization,the country accelerates construction pace of human resource management subject in colleges and universities,which provides professional channel for management efficiency and market competition ability of Chinese enterprise,but it is still far from practice. In this paper,the concept,origin and inhibition factors of ingroup preference are elaborated. Based on the visual angle of ingroup preference,started from four dimensions( enterprise incentive system,talent management idea,psychological contract and employee communication consciousness),main problems existing in employee relationship management of modern enterprise are explored. It is specially emphasized that manager often holds the blame in front of dealing with the crisis after contradiction,which is " fatal point" neglected in employee relationship management of modern enterprise. To improve its core competitive power,enterprise must value harmonious relationship with employees.

Carbon performance evaluation model from the perspective of circular economy~The case of Chinese thermal power enterprise

Carbon emission reduction is the only way to alleviate environmental problems,such as global warming.Effective evaluation of carbon performance can help enterprises to carry out energy saving and emission reduction activities to a certain extent and promote sustainable development.This paper constructs a carbon performance evaluation index system that includes the four dimensions of carbon resource(energy)input,cycle,output,and carbon management by incorporating the principles of circular economy and the theory of resource value circulation from the perspective of the flow trajectory of carbon-containing resources in the circulation of enterprises combined with the production characteristics of thermoelectric enterprises.Subsequently,combined with the case study,this paper discusses the scientific and practical nature of the system and provides another way of thinking for carbon performance evaluation of micro-enterprises in other industries.This paper expands the application boundary of matter-element model and supplements the literature of carbon performance,which has certain theoretical and practical significance.

A comparative study on grid resource utilization rate between China Southern Power Grid and National Grid Plc of UK

Grid resource utilization rate plays a key role in power grid operation.Although the proportion of population and the area in China Southern Power Grid(CSG)and National Grid Plc of UK(NG)are nearly,grid resources utilization of CSG is lower than that of NG.In this paper,the utilization of human resources and equipment resources of CSG and NG have been reviewed.It is discovered that there is a large gap between these two companies.The results show that the utilization in CSG is about 20%to 50%of that in NG.And it is estimated that if the equipment resources utilization of CSG increases to the level of NG in 2012,the coal consumption and thus CO2 emissions would be reduced by 17 million tons and 21 million tons,respectively.As China is a developing country and Britain is a mature developed country,it is to some extent reasonable that grid resources utilization of CSG is lower than that of NG.The benefits of improving equipment resources utilization are illustrated in detail,which provided the reference for developing the grid resource utilization in China.