Research On The Performance Management System Of H Company

With the implementation of "Renewable Energy Law of the People's Republic of China",wind power as a renewable and clean energy has been paid more and more attention and the wind power industry has experienced a leaping development.Now China is faced with the problem of overcapacity,fierce competition,lack of core technology and poor quality of wind power equipment products.The goal of wind power development in "13th Five-Year Plan" is no longer scale oriented,but paying more attention to the use of wind.In the future,subsidies will be gradually reduced,it will become a trend that wind power benchmark prices will be reduced to the same as thermal power prices.By above factors,the investment activity of wind power operators is more careful,the competition of wind turbine manufacturing enterprises becomes further more intensified.Producing product with high technology and accessional value is the inevitable choice of any wind turbine manufacturing enterprise,and must strengthen the management of strategic objectives to win in the fierce market competition.Performance management,as one of the most important means to carry out the strategic management of enterprises,has been gradually applied to the management practice of wind turbine manufacturing enterprises.In this paper,take H company,a wind turbine manufacturing enterprise's performance management system as an example,to explore how to establish a perfect performance management system,to ensure the realization of the strategic objectives of enterprises.This paper introduces the concept of performance management,performance management and evaluation methods,reveals the necessity of performance management.By the research methods of BSC and MBO,determine the main financial indicators and non-financial indicators of performance evaluation,the weight of each index was determined by the improved AHP,and the impact indicators of corporate performance were quantified.Studies shows that the performance management is a management process which requires all employees to participate.Effective performance management can combine the strategic focus of the organization with the behavior of its employees.It is conducive to improving the level of enterprise management,ensures the sustainable development of the company and the realization of the enterprise's strategic goals.China's wind turbine manufacturing enterprises have not yet used the Balanced Scorecard evaluation of the strategic management philosophy to carry out performance management.Based on the practical case of the large-scale enterprise-H company,used the improved AHP method to decompose the strategic objectives,and established the performance management system based on the balanced scorecard method and the target management method.From the point of view of strategic management,this system is not only innovative and representative of the industry,but also can be be extended to other wind turbine manufacturing enterprises.This research has enriched the wind turbine manufacturing enterprise application of balanced scorecard method to achieve performance management.