After entering WTO, the competition faced by enterprises will be cool which will compete with all companies from the world. Especially for electric power corporations the ability of competition is weak because of several historic reasons, so the research of survival and development of electric power corporation will become very important.Strategy is the chief premise of the enterprise development, and it is extremely useful for the success of enterprise. In this paper we firstly explain the theories of corporation strategy and analyze the process of strategy management, then discuss the strategic establishment combined with the facts of Hengfeng Electric Power Corporation, at the end of paper we provide some significant advices for the development of corporate strategy. |