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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

On Strategies of Innovations on Enterprise Economic Management in the New Situation

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DOI: 10.25236/ecomhs.2019.211

Author(s)

Yunyan Deng, Li Yu

Corresponding Author

Yunyan Deng

Abstract

At present, Chinese society develops into a new stage, economic development forms new normal, and enterprises are faced with great opportunities and challenges. In order to improve their own comprehensive market competitiveness, enterprises shall adopt appropriate strategies of economic management innovation based on their actual circumstances, reduce human resource cost and product cost, constantly enhance their own economic benefits and calmly response to complex market environment. Currently, impacted by traditional operation and management philosophy, many enterprises lack practical experience and necessary theoretical basis in the process of economic management innovation, resulting poor innovative effect. To adapt to the requirement in the development of times, enterprises shall strengthen learning and studying, innovate ideological concept and comprehensive development strategy, and promote their comprehensive development in the new era.

Keywords

New situation, enterprises’ economic management innovation, strategy