The Research Of Control Mode Of S Insurance Group

An effective group control mode should be one of the key factors which help to maximize the total value of a group company and ensure both the synergistic effect and continuity of its strategy. In this paper, the integrated definition of a group control system is put forward on the basis of relevant group control theories. By using this definition as a research frame, together with the practices of relevant financial (insurance) groups of domestic and abroad, the problems existed in group control mode of S insurance group was analyzed in depth, touching upon strategy, shares holding status of subsidiary companies, management structures, finance control, performance evaluation and IT control, etc. Therefore, according to these problems,with its future development visions, the leading control mode that suits to S insurance group at present comes to be'strategic control'. A specific solution proposal consists of three main parts. The first part is orientation, that is, control mode must be strategy-oriented. The second part refers to management platform, that is, re-adjust share holding status and management structure and operation. The third part was made up of several particular measures including enhancing group company culture, optimizing finance control, much more concerning to key positions and staff of the subsidiaries on the basis of benefit of the group as a whole, applying equitable performance evaluation tools and KPI, strengthening IT construction.