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Research On Strategic Cost Management Of Power Grid Companies

Posted on:2021-03-21Degree:MasterType:Thesis
Country:ChinaCandidate:X T XieFull Text:PDF
GTID:2492306248469884Subject:Accounting
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With the steady growth of the modern economy,the power industry,as a basic industry that promotes China’s economic construction and protects the people’s life,is constantly receiving the attention of the country and all walks of life,and is also facing unprecedented opportunities and challenges.In recent years,the power system has been continuously reformed,and the management and management model has also been continuously updated.Whether it is to implement the strategic requirements of the "three sets and five majors" or to implement the management goals of "one strong and three excellent",it is to reduce costs and effectively play The utility of resources promotes the improvement of management efficiency to promote the stable operation of power companies.Strategic cost management stands at the height of the overall strategy of the enterprise and performs cost management while considering the value and competitive position of the enterprise.It can adjust its own business strategy in a timely manner according to changes in the internal and external environment of the enterprise.It fully meets the strategic goals of power grid companies facing fierce market competition,improving their competitive advantages,and maintaining their sustainable development.It is also a new management model that power grid companies are actively exploring and implementing.It plays an important role in strengthening business accounting,improving enterprise management,and achieving lean management of cost management.This paper summarizes the current research results of strategic cost management at home and abroad,combines the current management status and operating characteristics of power companies,analyzes the strategic cost management model of power grid companies,and explores the positive significance of adopting strategic cost management models.It points out the necessity of strategic cost management for grid companies.The article combines theoretical analysis with practical exploration,taking X Power Supply Company as a concrete example,and first explains its innovations in management in the context of the reform of electric power enterprises,combined with its own production and operation characteristics.Then,in combination with the existing strategic cost management analysis tools,it focuses on the analysis of cost drivers and value chain analysis from a financial perspective,thereby pointing out the problems in strategic cost management and targeted analysis.Finally,from the perspective of strategic management,put forward countermeasures and suggestions to optimize the management of the enterprise and ensure the efficient operation of the enterprise.The innovation of this article lies in the use of previous theoretical research results,a re-examination of the management model of power grid companies,combined with the unique industry characteristics and operating methods of power supply companies,analysis of their cost structure,and raising relevant questions from the perspective of strategic costs and proposing actions.Effective suggestions for improvement.It meets the requirements of national strategic management,breaks the previous research methods of traditional state-owned enterprise cost management,improves the refined and intensive management between grid companies and provincial companies,enriches the content of strategic cost management,and broadens the strategic cost The scope of application of the management model can also be used as a reference for the management of some large state-owned enterprises.
Keywords/Search Tags:strategic cost management, grid company, value chain analysis, cost driver analysis
PDF Full Text Request
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