A Study On The Main Problems In The Overseas Operation Of International Company Of XX Group Co.,Ltd

Since the year of2000up to now, International Company of XX Group Co.,Ltd has been in the field of international projects contracting and has achieved rapid growth and expansion in a large scale from scratch. However, it has been confronted by lots of problems, such as stubbornly lying in the utmost down reaches of the international projects contracting industrial chain, poor management, and inefficient utilization of the resources in the international business, inadequate capability of creating new projects and low profiting level, etc. What is worse, riot and wars in certain countries or regions of the world, slow economic growth, an increasing number of international contractors, white and hot competition and the changing business models, etc, jointly make its overseas operation more and more difficult. Therefore, locating and overcoming the factors restraining its overseas operation so as to achieve a healthy and sustainable development is becoming extremely urgent without further delay!By holding deep conversations and exchanging views with different staff respectively from the top, middle and grassroots managements, interviewing a number of projects’employers and foreign labors, the author concludes the restraining factors which are mainly included in the areas of corporate governance structure, international strategy, human resources and corporate culture. Following that, the author objectively analyzes the causes of the restraining factors. Finally, by making references to many reference books, the author raises proposals for overcoming those restraining factors.It’s in the author’s opinion that only by following the next proposals can International Company finally achieve healthy and sustainable development of its overseas business. First, International Company is advised to proactively and tentatively executing the mixed ownership reformation of the company. Second, to establish a scientific and efficient corporate governance structure. Third, to formulate and implement an applicable international strategy. Fourth, to raise the competitiveness of its compensation plan and maintain a fair and equal rewarding& promoting mechanism. Fifth, to foster international business talents. Last, but not the least, to cultivate a harmonious and tolerant corporate culture.