Research On The Necessity And Implementation Process Of BF Energy's Strategic Transformation

With China's increasingly stringent national environmental policies and the exploration and development of various new types of energy,the energy supply and demand structure is facing comprehensive adjustment and reform.In the future,a series of new energy sources such as wind,biomass and solar energy will inevitably increase significantly in production and consumption because of their renewable and more environmentally friendly characteristics;non-renewable coal,oil and other energy consumption will be relatively Slow or even reduced.As China's economy has entered a "new normal",coal production capacity and prices have fallen sharply,China's coal industry is facing many difficulties,and energy companies born of coal must make strategic changes.The purpose of this paper is to find a suitable strategic approach for BF Energy through analysis and research to provide a reference for the strategic transformation of other similar energy companies in China.This paper takes BF Energy's strategic adjustment as the research object,analyzes the environment of BF Energy's strategic transformation,and then proposes the necessity of its strategic transformation.In response to the problems faced by BF Energy's development process,it proposed a specific strategic transformation direction: one is to switch from traditional energy production to clean energy production,and the other is to transfer from traditional technology to innovative technology,and then propose BF energy.The safeguard measures for strategic transformation and transformation are mainly to broaden the capacity of resource integration and increase the added value of products;strengthen management control and enhance corporate governance;strengthen environmentally friendly production,achieve clean development of green development;optimize employee structure,improve staff quality;Cultural innovation,enhance the company's vitality;do a good job of capital security to ensure the smooth implementation of the company's strategic transformation.