Introduction Of Partnership System In Wangfujing

In the process of vigorous business reconstruction, Wangfujing has split into four major sections: general merchandise, shopping center, Oteri J, and electricity supplier. The original management structure has also changed dramatically under the new business system. As a "state-owned team" business enterprise, the market reform of Wangfujing has been on the point.

After the promulgation of the "guiding opinions on deepening the reform of state-owned enterprises" issued at the beginning of this month, the organizational reform and institutional mechanism innovation of Wangfujing group will enter the stage of refinement and implementation.

Wangfujing, which sells more than 30 billion yuan in 2014, has an impact on the department store industry.

At present, the group has 45 stores.

For this pformation, President of Wangfujing group

The core mode is summed up as a retail business based on entity, and a new business mode under the Internet conditions is established to enhance commodity management and customer management.

Wangfujing, which has spared no effort in the whole channel strategy, has ushered in state-owned enterprises.

The wind.

According to Dong Jiasheng, in order to make the enterprise more dynamic, Wangfujing decided to introduce the partnership system to allow management to hold shares.

These include the adjustment of group level functions, business unit corporatization and operation management regionalization.

According to the twenty-first Century economic report reporter, in the past, Wangfujing Department Store Group's organizational structure was mainly composed of shareholders' meeting, board of directors, board of supervisors, office of the board of directors, President and President's subordinate departments and regional stores.

According to the plan, the new mode of Wangfujing will give more management and decision-making power to the management of various business sectors.

At the same time, 47 stores in 28 cities across the country will also realize the regionalization of operation management, and each store will be divided into regional companies to manage the stores according to the regional division.

Wangfujing's 2014 earnings report showed that only 49 thousand and 300 of the remaining directors, supervisors and senior managerial personnel in the current and reporting period were Liu Bing and vice president Guo Zhigang.

After this reform, Wangfujing will make timely equity incentives for partners and core groups of each business subsidiary, and is expected to diversify its shareholding companies.

Before any change is made,

Directors, supervisors and senior management personnel carry out annual salary system, and annual salary income includes two parts: basic income and benefit income.

"After the introduction of the partnership system, the management will be closely tied to the interests of the enterprise."

Dong Jiasheng said, "the attraction of Wangfujing department store to market and professional managers is bound to rise, which is critical for sprint shopping centers and two big Chaoyang plates."