Research On Motivation Mechanism Of Tisco. Iron-making Plant

The competition between countries has been changed from the early substance to the current human being with the development of the society and the science. Motivation mechanism is closely linked for a company or even a country to recruit the talents, to keep them, to develop new talents, to give them the positions. Therefore, it seems much more important to study the motivation mechanism in 21st century.Since the beginning of the 21st century, the steel industry has developed rapidly. On the other hand, the production is relatively overmuch leading Chinese steel products into a more and more scorching competition at the international market due to less grades of steel, less high-tech products, higher production costs and impact of the financial crisis. In this case, we must rely on the employees to get our company out of the trouble to win the markets because all the competition is for the better employees. So, the core of the competition in latest times is on the human resources or motivation mechanism. However, the motivation mechanism shall be analyzed scientifically and modified successively to win the new competition.The incentive theory from the west countries and Chinese scholars provide this article with the base in theory about the analysis and research on the motivation mechanism at Iron-making Plant. Although the motivation mechanism at Iron-making Plant has been changing for recent years,there are still the cases that contradict the incentive theory .It sometimes goes completely opposite way with negative functions on the steel production. Therefore the article offers deeper study and introduces more comprehensively the relevant theory of incentives together with the research results from Chinese scholars. Hopefully it will become the base to study the incentive system at Iron-making Plant TISCO.On the base of the theoretical study from both China and abroad, combined with the practical institutions of Iron-making Plant TISCO, this article analyzes carefully the advantages and disadvantages of the motivation mechanism at Iron-making Plant TISCO. With regard to the different problems on the motivation mechanism, this article indicates the general incentive principle to be followed, newly designs the system with full use of the principle. Some of the new designs have been applied practically with not bad results achieved.This article can only design on the motivation mechanism concentrating on the main points due to the existence of the actual production of Iron-making Plant TISCO. Further detailed research on the motivation mechanism with regard to different classes is to be done later.