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Xi’an Banknote Pringting Company Ltd. Performance Management Disquisition

Author: LiZhi
Tutor: LuShanBing
School: Northwestern University
Course: Business Administration
Keywords: Performance Management State-owned enterprises KPI
CLC: F426.8
Type: Master's thesis
Year: 2010
Downloads: 181
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Abstract

For historical and practical reasons, the state-owned monopoly enterprise performance management is still not free from the planned economy model of monopolistic industries and the implementation of a hierarchical performance evaluation method, resulting in a performance management model of rigid, with other management module offline, lack of coherence and overall consistence. These shortcomings have affected the enterprise’s overall human resource management systems and business strategy implementation. Modern management theory and practice has proven that enterprise performance management is not only a guarantee of short-term business objectives, but also a important way for the enterprises to develop core competence.In a planned economy system in the particular industry, for a long time, China Banknote Printing and Minting Company failed to develop truly human resource management and performance management system incorporated into the framework of performance management research, and there was research in terms of management of human resource for the Banknote Printing and Minting Business. This study first analyzes the status of Xi’an Note Printing Limited and in the performance management problem, the main structural issues, including human resources, performance management procedures, performance evaluation and appraisal of the communication problems such as technological backwardness. The reasons for these problems include both the general disadvantages in state-owned enterprises and monopoly industries, and the hiring system and internal control problems in Xi’an Note Printing Limited. To solve these problems and abuses, according to corporate strategic planning, we design performance management programs for Xi’an Note Printing Limited. Prior to the design of performance management solutions, enterprises have done a lot of work to lay a solid foundation for human resources management, including organizational structure design and position settings, job analysis, recruitment and hiring system to build their personnel evaluations related work, these are also to ensure performance management the successful design and implementation of the program. Second, we develop the KPI system at the enterprise’s and workers’level with various types of management tools, and as a result, we identify the key elements of the enterprise and develop standards for various elements of the theme for the next performance appraisal and performance management. Finally, we build a complete performance management system and framework, specifically designed with the KPI performance-related evaluation criteria and methods. In order to make sure that the program goes well, we also make a lot of complementary policies and methods.The study will be a modern performance management idea and method used in Xi’an Note Printing Limited and other enterprises. It provides a reference to the practice of human resources management and strategy management both in theXi’an Note Printing Limited and other enterprises. Program is designed both for long-term development of enterprises with the necessary reserve of talent, and for the current enterprise innovation provides a good mechanism and the environment. At the same time, our study addresses a number of historical problems, and can promote the modern performance management and other system applied in other enterprises and industries.

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