Study On Innovative Of HQC Company’s Management Mechanism

With the reform of state-owned enterprise and marketization, one of the important aspect for SOE to establish standard modern enterprise system and to complete Corporate management structure, is to explore a management system of selecting, assessing, incenting and supervising operating and management personnel which is suitable for socialist market economy and the characteristic of modern enterprise system, to maximize the innovation potential of the managers, which has a very urgent practical significance of improving core competitiveness of SOE.Under the long term impact of traditional SOE personnel management system, HQC company, which is a subsidiary of a large size SOE in Shenzhen, has several aspects uncovered gradually which are not in harmony with the development of marketization, for instance, in the selection, verification, incentives and supervision of the managers. What follow next are some problems from the managers, such as low management skills, brain drain and duty crime which have very bad influence on the image and strategic development. It is a remarkable fact is that the problem mentioned above existing in other subsidiaries in Shenzhen, even in other SOEs in Shenzhen.This paper combines with qualitative analysis and quantitative analysis, system analysis and selective analysis, theoretical research and practical application method, based on the principal-agent theory, the entrepreneur theory, incentive and restraint mechanism, in order to analyze current situation of management system and existing problem of HQC company. According to its shortcomings, it provides four methods to innovate the management system for mangers, such as introducing marketized selection system; establishing scientific performance evaluation; completing incentive system and supervision restriction system; at the same time, to put forward four measures that ensuring the implementation of innovation system, such as enhancing construction of the board; establishing effective communication system and strict accountability system; to establishing distinctive corporate culture, in order to fully stimulate the enthusiasm of management of HQC company, to further improve the corporate governance structure, to enhance the corporate governance level, to promote the sustained and healthy development of enterprises.The study on the innovation of management mechanism and management personnel of the HQC Company has several realistic significances, not only to enhance the core competitiveness of the company market, but also to promote the sustained and healthy development of enterprises, meanwhile, to provide a useful reference for the improvement and innovation of mechanism of other subsidiary management personnel management.