Strategic Transformation Issue Analysis And Solutions For China Telecom

The sustained development of the telecommunications industry is the key for China to become one of the leading information countries around the world and to develop the national economy in a sustained,stable and coordinated manner as well. China Telecom group Corporation(China Telecom) is one of three major service providers in China and plays a crucial role in this industry.The strategic transformation proposed by China Telecom brings out not only the challenges for the company and the industry,but also the new opportunities for the growth in the future. This essay outlined the key factors for confining the transformation based on the research and analysis of the telecommunications industry in China,and proposed the solutions in detail to provide some references for the healthy development of both China Telecom and the industry.From the perspective of the global industry trends,the strategic transformation is inevitable.Given the global industry development and its own business practice, China Telecom set the goal to become one of the world-class advanced integrated information service providers.After several years' practice,China Telecom achieved some degree success.However,the transformation of the internal organization management didn't meet the requirements;the operational environment still needs sustainable optimization.This report made the recommendations to promote China Telecom strategic transformation from two aspects,i.e.enhancing the internal organization management's transformation and optimizing the operational environment.Enhancing the internal organization management transformation will include:1.Enhance the strategy management control and performance evaluation;establish the development goal and the action plan;2.Enhance the business innovations and services improvement;modify the traditional mindset of the operation and services to add the value for the clients and the company;3.Make the breakthrough of the business model to improve the conventional form; actively explore the new business model through the business integration and extension;4.Accelerate the organization transformation and system innovation;set up the specific department to promote the transformation and the specific operational organizations,i.e.corporate entity,virtual corporation,business units,and project teams,to achieve the goal.