Industry Action Guidelines for Building World-Class Enterprises Released

On September 13, at the 2023 China Top 500 Petroleum and Chemical Enterprises Conference and the Summit Forum on Comprehensively Accelerating the Construction of World-Class Enterprises held in Puyang, the "Action Guidelines for Accelerating the Construction of World-Class Enterprises in the Petroleum and Chemical Industry (Trial)" was released for the first time.

The "Action Guide" was jointly completed by Deloitte Consulting (Shanghai) Co., Ltd. and Chemical Management magazine commissioned by the China Chemical Enterprise Management Association. Zhao Jian, partner of Deloitte China Enterprise Consulting, said that the "Action Guide" clarifies the element framework, reference indicators and action suggestions for world-class petroleum and chemical companies, so as to guide the entire industry in building world-class enterprises, guide enterprises in self-assessment and long-term benchmarking, help enterprises focus on key shortcomings to make up for gaps, accelerate comprehensive global competitiveness improvement, and promote the industry's annual cultivation and selection of world-class petroleum and chemical companies. Comprehensively promote the creation of world-class enterprises in all industries.

Wang Shugang, vice president of the China Petroleum and Chemical Industry Federation and honorary president of the China Chemical Enterprise Management Association, said that the "Action Guide" closely connects with the actual situation of the petroleum and chemical industry and systematically clarifies the understanding and proposition of comprehensively accelerating the construction of world-class enterprises in the entire industry., clarifies the significance of creating a world-class enterprise, and initially answers the question of quantifiable and actionable methods and paths for petroleum and chemical companies to build world-class enterprises. It provides an action plan for the entire industry to comprehensively accelerate the construction of world-class enterprises. The design of the element framework in the Action Guide follows the principles of comparability, independence, versatility, and representativeness, and strives to more comprehensively reflect the overall situation of petroleum and chemical companies.

Wang Shugang hopes that enterprises can identify problems during the implementation of the "Action Guide" and put forward revision opinions and suggestions. Based on brainstorming, the preparation team will eventually form a quantifiable and operable "Evaluation System for World-Class Enterprises in the Petroleum and Chemical Industry" with the characteristics of the petroleum and chemical industry. Source: Sinochem New Network