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

Research on the Strategy of Promoting the Transformation and Upgrading of Enterprise Development

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DOI: 10.25236/etmhs.2019.179

Author(s)

Xin Jin

Corresponding Author

Xin Jin

Abstract

Developing new industries, accelerating independent innovation and promoting industrial transformation of enterprise development are important ways for enterprises to implement strategic choices. At present, domestic enterprises have entered a new stage of transformation and upgrading. However, the macroeconomic operation still exposes many unsTable and uncertain factors, which restrict the further development of many enterprises for a long time. These contradictory factors also urge enterprises to explore new development ideas and strategies. This paper defines the meaning of enterprise transformation and upgrading, expounds its importance, and explores the feasible development path. Then, it systematically explores the strategic plan to promote the transformation and upgrading of enterprise development. It is believed that we should change the thinking of enterprise development, transit to a new type of enterprise with inverted market force, adopt independent innovation mode, build the core driving force of enterprise transformation and upgrading, transform production factors, and deepen the reform of the system, so as to create a favorable environment for the further development of enterprises.

Keywords

Enterprise, Development, Transition, Upgrade, Strategy