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Affiliation(s)

Petrochina Lanzhou Petrochemical Company, Lanzhou, China

ABSTRACT

State-owned enterprises are the basic guarantee of China’s economic and social development, the leading force in the field of strategic competition, but also the main provider of national social wealth accumulation. Although in many strategic areas, the operating efficiency of state-owned enterprises cannot be simply measured by the input profit margin; state-owned enterprises use state and social resources to operate. Shouldering the responsibility of preserving and increasing the value of state-owned assets also is the responsibility of all state-owned enterprise managers and employees. However, the management efficiency of state-owned enterprises is relatively low, and employees’ performance management and incentives have been lack of innovation and improvement. This paper analyzes the current state-owned enterprises in China, the characteristics of performance management, as well as the problems faced, and discusses the measures to encourage the efficiency of state-owned enterprises employees.

KEYWORDS

state-owned enterprises, performance management, work efficiency, inspiration

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