The Research On Analysis And Evaluation To The Core Competence Of Sinopec

The petroleum chemical industry is the pillar industry of our nationaleconomy and has the important influence to the development of our country'seconomy. After China joins WTO, the challenge from the internationaltransnational petroleum companies increases unceasingly, so it has become animportant part of our country's industry policies to improve thecompetitiveness of Chinese petrochemical industry. Therefore, it is of greatpractical significance to research into the core competence of Sinopec (ChinaPetroleum and Chemical Corporation).The core competence, also called"the core ability"or"the corecompetitive advantage", is an important concept in the strategy management.The enhancement of the enterprises'competitive advantage and the constructof the enterprises'core competence is the key to the growth of the modernenterprises. This article utilizes the core competence theory, combined withthe characteristics of petrochemical industry, and establishes an evaluationsystem adapt to the core competence analysis of the petrochemistryenterprises, which generally analyzes the competence of Sinopec in the competition scale strength, the sustainable payoff ability, the sustainabledevelopment ability, the marketing ability, the technical innovation ability,the assets management ability, the management ability, the resources controland the internationalization. According to the above analysis, the articleproposes the countermeasure and the developmental strategy of theconstruction core competitive ability of Sinopec.