Toprotecttheconfidentialandproprietaryinformationincludedinthismaterial,itmaynotbedisclosedorprovidedtoanythirdpartieswithouttheapprovalofyourorganizationandHewittAssociatesLLC.为严守本材料中的信息机密和保护版权，未经贵公司和翰威特咨询有限公司事先许可，严禁向任何第三方泄漏或提供本材料中的任何信息。PeopleaspectsofstructuralchangeinthePeople’sRepublicofChinaJune21,20012001年6月21日中国进行企业结构调整过程中的人员与激励管理Thebusinessofbusinessisbusiness企业重在经营-MiltonFriedmanTogetrichisglorious发展才是硬道理-DengXiaoPing邓小平Thegreatobjectofthepoliticaleconomyofeverycountry,istoincreasetherichesandpowerofthatcountry.各国政治经济体制的宗旨在于增加该国的财富与实力。-AdamSmithAgenda议程Globaloverviewofprivatizationlessons全球企业市场化经验概述Roleofgovernmentintransition政府部门在过渡过程中所发挥的作用ExecutivesandLeadership对高层经理与领导者的激励与约束机制Long-termIncentivespre-listing公司上市前的长期奖励CompensationData薪酬数据Whatdoesitalltellus?结论Lessonsfromoverseas来自海外的经验US:美国：•theworld’smostadvanced,competitiveeconomy-mosteconomicfreedom全球最发达、最富竞争力的经济体制：经济自由度最大•virtuallynoexperiencewithprivatization实际上缺乏企业股份化经验Japan:日本：•culturally,themostsimilaradvancedeconomytoJapan,butstalledinthemoderneconomy.Newhopefrommarketreforms从文化的维度而言，最类似于日本的发达经济，但日本目前处于停滞不前的状态。市场变革带来新的希望Lessonsfromoverseas来自海外的经验WesternEurope:西欧：•Privatizationeverywhere,ledbyUK在英国的带动下，各地都在进行股份化•Differenttraditionregardingemployment截然不同的人员聘用传统•Ifyoucreatemonopolies,notmuchchanges若进行垄断，不会出现过多的变革•Competitioncreateswealth竞争创造财富•Needtobreakupoldindustriestocreatecompetition需要打破原有的行业格局，促进竞争•Workforcesreduced,butsocietyricher人员减少，但社会更加富足PrivatizationTransition股份化过渡Differentmodels:不同的模式：•Partialprivatization部分股份化•Fullsale全部出售—listing上市—auction(smallercompanies)拍卖(较小型的公司)•Givingawayassetstoindividuals,eg,CzechRepublic,Singapore向个人赠送资产，例如：捷克共和国、新加坡PrivatizationTransition-UKWater股份化过渡-UKWaterLongestmostrecentexperience(15+yrs)最长、最新的经验(15年以上)Graduallistingsformanycompanies许多公司逐步上市•previousmanagersputincharge原有的经理负责进行管理•carefullyregulatedmarkets仔细进行市场规约•initialcompensationincreasefollowedbymovetomarketpay遵照市场行情来提供最初的加薪Few“goldenshares”(BP,VSEL)极少“黄金股票”(BP，VSEL)PrivatizationTransition-UKWater股份化过渡-UKWaterProblemswithseveralindustries许多行业所面临的问题•regulatedmonopolies规约垄断•higherpayforexecutives,butlittlebehaviourchangelowerdown高层经理薪酬水准提高，但行为变革幅度却有所下降•competitioniskey竞争是关键•electric/waterindustriesbeingre-organizedforcapitalreasons:separatingsupplyfromdistribution鉴于资本方面的原因，对电力/水力行业进行调整：供应与配送分离PrivatizationTransition-UKWater股份化过渡-UKWaterOriginallysingleoperation,runregionally最初为单一型地区运营Employed100,000员工总数达10万人Controlledsupply,distribution,customerinterface,seweragedisposal控制供应、配送、客户关系及污水处理部门Regionalauthoritiesprivatized,butremainedmonopolies.地区权限市场化，但仍存在垄断Somecompaniesboughtbyforeigners某些公司为外资所收购PrivatizationTransition-UKWater股份化过渡-UKWaterGovernmentbody(OFWAT)set...
