Collaborative Evolution Of Hua Wei's Organizational Reform And Financial Innovation

At present,China's private enterprises,as the most dynamic market entities in the socialist economic market with Chinese characteristics,contribute more than half of the country's total tax revenue every year.However,in the current stage of development,private enterprises have encountered development bottlenecks.Some private enterprises are prominent in such problems as brutal expansion,high debt and serious pollution.Private enterprises are in urgent need of reform and innovation in the face of "market iceberg,financing mountain and transformation volcano".On the one hand,with the support of national policies such as "three reductions,one reduction and one subsidy",private enterprises can be more motivated to join the tide of economic development in the new stage and solve their own development problems with the help of external forces of national economic reform.On the other hand,private enterprises should carry out internal self-innovation according to the industry characteristics and development stage,and actively cope with the difficulties encountered in the development by means of organizational change,strategic renewal and management innovation.Such innovation can not only continuously enhance the market competitiveness of enterprises,but also improve the soft power of private enterprises to cope with the downward pressure of the economy and solve the development dilemma,so as to realize the self-driven sustainable development of private enterprises.For example,HuaiHai holding group successfully implemented the financial management innovation,transformed the traditional decision-making service management accounting into the value-added management accounting model,and realized the reform goal of refining the value added of each department within the enterprise.Haier group has completed the platform enterprise transformation based on Internet thinking,reconstructed the development logic and operation mechanism of the enterprise,and provided experience for the transformation and upgrading of traditional manufacturing enterprises.Suning's 020 model reform has successfully built the enterprise's organizational ability and core competitiveness,which plays a guiding role for traditional retail enterprises to realize the integration of online and offline businesses and build new competitiveness.In this paper,HuaWei Technologies Co.,Ltd.is selected as a case enterprise.The reason is that HuaWei,as a representative of emerging private enterprises in China,has grown from an initial import exchange trading and sales company to a giant information and communication technology solution supplier with global operation.Leaders of HuaWei Ren(2017)in an interview what "HuaWei emphasis is critical to the success of the human resource system and financial system",this article uses single case study method,the comprehensive use,depth interview,internal data analysis and second-hand public reading three methods of data collection,against HuaWei financial system innovation to delve into driving mechanism of organizational change.Based on data shows HuaWei organization structure reform and financial innovation process of co-evolution characteristics,based on the research of organization structure change process at the same time,HuaWei explores financial modularity innovation and financial synergies to the promoting function of organization structure change,further sums up the financial innovation modular structure evolution path of change,to transform the organization structure of China's emerging private enterprises to provide experience for reference;On the basis of dividing the organizational structure reform of HuaWei into two stages:standardization reform and modularization reform,this paper analyzes in detail the major financial innovations implemented by HuaWei since 1998.Based on the organization modularization theory,this paper analyzes the driving effect of HuaWei's financial modularization innovation path--single embedding,system embedding and module embedding--on the organizational structure reform.Based on the case study of this paper,the research conclusions are as follows:(1)the organizational structure change of HuaWei can be summarized into three forms and two stages,which is a continuous and active change process based on strategic renewal.(2)the financial innovation driving mechanism for the organizational structure change of HuaWei is the construction and integration of financial modularization innovation and financial coordination capability from the perspective of organizational modularization.The financial modularization innovation has gone through the progressive innovation process of module decomposition and module integration,which has promoted the financial synergy from the formation and accumulation stage to the normalization stage,and the two have jointly promoted the organizational structure reform.The research in this paper further enriches the related research on the influencing factors of organizational structure change.This paper extends the research perspective of the influencing factors of organizational structure change to the internal micro level of organizations,summarizes the financial factors that promote the organizational structure change of enterprises,and provides innovative ideas for the research on the influencing factors of organizational structure change of enterprises.By studying the financial innovation promotion mechanism in the organizational transformation of HuaWei,this paper provides a successful case reference for China's emerging private enterprises to successfully realize organizational structure transformation and how to scientifically implement financial innovation to promote the process of organizational structure transformation.