The Strategic Thinking On Transformation And Development Of LT Company

There exists huge atmospheric pollutant emission in China since the 21th century,what's more,regional and compound atmospheric pollution characterized by ozone,fine particles(PM2.5)and acid rain has become a more and more obvious problem.To solve those problems,a series of powerful measures for energy conservation and emission reduction have been introduced,such as steadily improving emission standards of major pollutant,which provides a more favorable environment for the development of environmental protection industry.In recent years,as a continuous supported industry by country,environmental protection industry attracts a large number of enterprises to participate,which leads to aggravate competition among flue gas treatment industry and makes great pressure on project bidding and cost operation.As a high-tech enterprise of collection R&D,design and general contracting,LT Company commits to industrial flue gas treatment(Industrial boiler,Denigration and Desulfurization).In the increasingly fierce market competition,great challenges appeared in terms of company.So the strategies and paths of company management should be keep path with the times.Through internal and external environment analysis of the LT Company,we analyze the future development trend of the industry based on the research of strategic management theory and applying the Porter model,Pest and SWOT analysis methods.Three development strategic directions of transformation and development of LT Company have been put forward which includes:first,stable dominant business about desulfurization,gentrification,deducting and enhancing technology upgrades;second,innovate strategy development and commercial profit model;third,expand the business of non-electric and flue gas desulfurization(FGD)wastewater treatment fields.In the current market,the competition of flue gas treatment is fierce.Through Strategy Transformation and Development research of LT Company,we examine the company's industry environment,discuss the feasibility of transformation about management,business and HR,which provides the implementation paths and measures for the Transformation and Development strategy of LT Company.At the same time,it will provide a reference for the strategic development of the same industry enterprises.