Talent Incentive Strategy Based on Epc Projects of Electricity Industry in China
Topic: Talent incentive strategy based on EPC projects of electricity industry in China
Introduction
In recent years, with the rapid development of China 's economic construction, more and more companies vigorously implement reform from simple design business to EPC projects multi-functional business in order to more quickly integrate with the international engineering organization model. The electricity industry of China is one of the industries which implement EPC contracting business earlier. Domestic EPC contracting enterprises of electric power industry are usually transformed from design institute. EPC project is an elongation and development of design work. It is a new attempt and huge challenge and is necessary to our own strategy development and the market competition. In order to complete the transformation from design institute to EPC contracting enterprise, something must be reformed such as organizational structure, business processes and human resources. A wealth of studies, exploration and practice work about organizational structure and business processes have been done in recent years. Consequently effective implementation has been conducted. However, it is stagnant in the aspects of employment mechanism and the distribution system result in the lower work enthusiasm on staff engaged in the EPC projects, and even worse complaining and slacking off have happened.
Staff motivation is the eternal topic, to effectively mobilize the potential of employees, to enable them to give full play to their enthusiasm and creativity, and promote the successful implementation of the EPC projects; all these factors constitute the purpose of the research. This dissertation which based on the characteristics of EPC projects and the human resource management status will analyze the reasons of low work enthusiasm on staff engaged in the EPC projects, and explore suitable staff incentive mechanism of EPC projects. The research objective is through the
Introduction
In recent years, with the rapid development of China 's economic construction, more and more companies vigorously implement reform from simple design business to EPC projects multi-functional business in order to more quickly integrate with the international engineering organization model. The electricity industry of China is one of the industries which implement EPC contracting business earlier. Domestic EPC contracting enterprises of electric power industry are usually transformed from design institute. EPC project is an elongation and development of design work. It is a new attempt and huge challenge and is necessary to our own strategy development and the market competition. In order to complete the transformation from design institute to EPC contracting enterprise, something must be reformed such as organizational structure, business processes and human resources. A wealth of studies, exploration and practice work about organizational structure and business processes have been done in recent years. Consequently effective implementation has been conducted. However, it is stagnant in the aspects of employment mechanism and the distribution system result in the lower work enthusiasm on staff engaged in the EPC projects, and even worse complaining and slacking off have happened.
Staff motivation is the eternal topic, to effectively mobilize the potential of employees, to enable them to give full play to their enthusiasm and creativity, and promote the successful implementation of the EPC projects; all these factors constitute the purpose of the research. This dissertation which based on the characteristics of EPC projects and the human resource management status will analyze the reasons of low work enthusiasm on staff engaged in the EPC projects, and explore suitable staff incentive mechanism of EPC projects. The research objective is through the
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