The Research On Top Management Team Of Qinghai Minda Group

Top management team is mainly responsible for enterprises’ strategic decision-making, and it is the core group that determines the effect of organization developmentand performance. Qinghai Minda Group is a typical private enterprise with thecharacteristics of family business, which has been developing rapidly. Due to thefamily style management as well as business diversification, the system of companymanagement is required objectively to reform. With its rapid development, the originalmanagement pattern can no longer adapt to the strategic development of the group.And the senior team management model based on trust has been unable to adapt to thedevelopment of the enterprise, which has become the bottleneck for the furtherdevelopment of the company. This paper takes Qinghai Minda Group, a typical familyprivate enterprise as the research object, studies how its top management teamintroduces modern normative management method to transfer " rule by man" based ontrust into "the rule of law". These studies would have typical meaning for summarizingthe Chinese style management under the background of Chinese traditional culture,also would have an important practical value to Qinghai Minda Group.Through questionnaire survey and deep interview, the paper has held aninvestigation on the status of Qinghai Minda Group and its top management team,analyzed the management goal of the Group’s top management team in two aspects byusing team management theory, and proposed the main thought of Qinghai Minda’s topmanagement team. Based on the above researches, the paper puts forward3importantproblems which the Group is facing now and need an urgent solution:1. theperformance evaluation;2. the environment of fairness and justice;3. the sense ofbelonging. Around the thought in performance management, the paper has proposed asystematic procedure regarding the top team management of the Group, including theterm of office, the annual performance review and the long-term incentive plan. Finally, this paper has a study on the program implementation， proposes that thecompany should pay attention to the following3key factors: system of property rights,post responsibilities and team concept, and guarantee the program implementation in5aspects.