Management practices of strategic transformation in large state-owned energy groups:Taking jining energy development group corporation Ltd.as an example
HU Jing
Abstract：Amid China's trend towards high-quality economic development,strategic transformation has become a crucial initiative in corporate management.Jining Energy Development Group Corporation Ltd.has actively responded to national policy directives by fully advancing its strategic transformation.This involves innovative changes in development mindset,growth drivers,industrial structure,and business operations,all grounded in the realities of the coal industry.This study focuses on Jining Energy's practice,exploring its overall strategic transformation approach and implementation paths.By establishing the development strategy of"one body,two wings,dual-drive,and park economy",Jining Energy has gradually evolved its industrial structure from being predominantly coal-focused to a coordinated development across four major sectors:coal power,port and shipping logistics,high-end manufacturing,and modem services.The study emphasizes the four pathways:Conceptually,it clarifies the strategic direction and fosters a company-wide transformation mindset;technologically,it promotes intelligent and information-based construction;operationally,it achieves a healthy synergy among diversified sectors;and in terms of support,it improves organizational and institutional frameworks to enhance economic and cultural backing.Jining Energy's exploration and practice of strategic transformation offer valuable insights for other state-owned enterprises,contributing positively to the high-quality development and optimization of industrial structures in these enterprises.
Keywords：strategic transformationstate-owned enterpriseenergy grouphigh-quality developmentindustrial structurebusiness operations
Publication Date：2024-06-20
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：6( 122-127 )