Countermeasures for Chinese Private Enterprises: Specific Measures for Management Reform in Chinese Private Enterprises

Author: Li Huagang
Publisher:
Publish Date: 2006-01-01
Features: In 2004, China had approximately 1 million private enterprises go bankrupt. This means that about 2,740 private enterprises collapsed each day, or 114 per hour. This figure is the highest in the world. This book reveals the mysteries behind this pain and proposes practical countermeasures for China's private enterprise reform. Through numerous cases of private enterprise bankruptcies and gray incidents within private enterprises, as well as an in-depth comparison between private and foreign-funded enterprises, it summarizes the various chronic diseases affecting China's private enterprises. From historical, cultural, religious, and philosophical perspectives, it analyzes the deep-rooted reasons for the short lifespan of private enterprises—the presence of a gray corporate culture. The author comprehensively and systematically proposes 13 specific operational solutions for private enterprises, including eliminating family-style management, establishing rules, enhancing human resources, building scientific management systems, changing corporate power structures, improving credibility, and elevating corporate culture. Each solution is highly practical. The author argues that the reform of private enterprises must take the path of localization with Chinese characteristics and proposes clear reform goals and directions. The most prominent feature of this book lies not just in listing the various defects and shortcomings of private enterprises but also in proposing specific measures and strategies to eliminate these issues. It is a highly practical applied book on private enterprise reform.