Governance Of Organizational Defects From The Perspective Of Value

Throughout history, we can see that all the successes of the past and the present are basically due to the highly adaptable structure of the unique organization and its internal and external environment, and the efficient integration of related resources. From the military operation, the political operation to the economic operation, the miraculous and powerful forces of the organization seem to be everywhere. Similarly, when we look at the other side of "historical coins", it is easy to find that all the failures, lessons, losses and tragedies in the past all come from the fossilization, backwardness, disorder, ineffectiveness and even confusion of the organization. As an economic organization, the history of enterprise development is only a few hundred years. Compared with the complicated experience of ancient military and political organizations, enterprises are still in the juvenile stage of development and growth. From the perspective of Value finance, this article reexamines the defects of enterprise organization and discusses the corresponding governance problems. It expects that Chinese enterprises that are trudging hard can get closer to the value pursuit from the consciousness, system and mechanism innovation.

Under the influence of the traditional culture of "gentlemen speak for words without making profits" and the influence of the aura of state-owned enterprises, enterprises often locate the value target in a grand, abstract and pluralistic way. Starting from the essence of enterprises, the value objectives of enterprises should be clear-cut and not specious but too empty. Enterprises are profitable economic organizations engaged in business activities, and the better economic surplus from input and output is the rationality of their existence. Therefore, the value goal of enterprises should be economic efficiency instead of other illusory things.

In modern context, the constraints of economic efficiency can include: (1) to create more social welfare, including products and services, with the most economical resource consumption, so that all organizations which are extensive in operation and waste of resources are lagging behind; (2) improve labor efficiency and create more economic value added with more advanced and applicable technological capabilities, showing better return on net assets; therefore, organizations with outdated technology and insufficient profitability should adjust in time; (3) ensure product safety with a high sense of responsibility and mechanism, and minimize environmental impact. Any damage to the quality of consumers and environmental quality is not enough, it will cause fundamental harm to the organization; (4) seek the operating radius within the maximum permitted edge of the law, pursue the economic efficiency under the sun, and obtain temporary profits from illegal operation is not the value orientation of enterprises; (5) integrate the three values of strategy, business and finance as an efficient arrangement, pursue sustainable management, and lay a longer economic benefit.

Due to environmental constraints and enterprises at home and abroad Self worth In recent years, the economic efficiency of Chinese enterprises has been promoted slowly and has aroused concern from all walks of life. Some experts have pointed out that the development of Chinese enterprises in recent years is due to the dividends of the global economic bubble. Two, thanks to the continuous expansion of monopoly potential, the performance of enterprises has lagged behind, and the economic efficiency of enterprises, including the most developed regions in China, has not been improved. China's economy The near future crisis trigger point.

Why are we? enterprise To avoid the pursuit of performance? To some extent, some enterprises tend to put forward some inefficient goals, such as the scale of assets and the popularity of the domestic market, in order to cover the weakness of market competition and the lack of management capability. A large number of data is published in the annual report, which is a true statement of corporate profits, because in all economic activities, raising economic efficiency and profitability is the most difficult option. Therefore, it is self-evident for the management team to "know and avoid". The common diseases of Chinese enterprises, such as investment hunger, extensive management, overcapacity and backward technology, are all caused by the failure to regard economic efficiency as the highest purpose of the enterprise. In a complex business environment and fierce market competition, the economic efficiency as the goal of enterprise value is taken seriously. It is not only the part of the enterprise, but also the need for Chinese enterprises to base themselves on the global market.