China Resources Power holds Leadership Development Training and Strategic Planning Seminar

From October 24 to October 26 2010, China Resources Power High-Potentials Leadership Development Training Session and the "Twelve Five-Year Plan" Strategic Planning Seminar were held in Shenzhen. Leaders from CRC Holdings, including Mr. Song Lin, Mr. Wang Shuai Ting, and Mr. Du Wenmin, attended the seminar. More than 90 managers, including representatives from Strategic Management Department and Finance Department of CRC Holdings, management team of CR Power, management representatives from CR Power s subsidiaries and students of CR Power High-Potentials Leadership Development TrainingProgram ( also referred as the 70s class ) also participated in the seminar.

In the speech of Chairman Mr. Song, he stressed that facing the change of coal-power system, CR Power should think about adjustment of its development strategy, or in other words, a change of the development mode. in mode of growth. First of all, in the process of innovating business model, the company should analyze the value chain clearly and find out the key factors which influence the competitiveness the most. Secondly, the company should establish new organizational capabilities to match the strategies, the changes of business structure and the internal organization team. Thirdly, building core competitiveness, including both industrial competitiveness and organizational competence, in both industry dimension and organizational skills dimension, will be the key to achieve the second leap for CR Power.

Mr. Wang Shuai Ting, vice chairman of CRC Holdings, said pointed out in his speech that CR Power is in the process of striding into a great energy company, thus while formulating strategies, the company should pay attention to utilizing limited resources so as to focus on utilization of limited resources, not only manage a multi-business combination, but also drive the specialization development of each business at the same time. As an important direction for CR Power, implementation of strategies involves organizational structure, management and control model, system process construction, and some other aspects. Strategic cooperation includes not only the inner coordination at CRP, but also the collaboration between CR Power and other strategic business units and profit centers in CRC Holdings.

The meeting was divided into two parts. First, the General Assembly started a "leadership" module training for the CRP 70s Class 70s. Head of Strategic Management Department of CR Holdings gave a lecture named "Think big, start small - strategic planning and business planning approach". He gave a comprehensive explanation of strategic planning from the three aspects of thinking, methods and tools, following the route of strategic planning five steps and supplementing with typical cases of GE, Compaq and other international enterprises, YIBAO and some other brother companies, and the current hands-on project of making business plans. Meanwhile the trainer also answered many questions from Class 70s trainees about the doubts during the process of strategic planning and decision-making.

Second part of the seminar discussed the "Twelve Five-Year Plan" strategic planning.All participant were divided into eight groups, categorized by thermal power, hydropower, logistics, coal mining acquisition and integration, coal mine development, wind power and photoelectric, nuclear power and Waste-to-energy, to carry out practical training of strategic planning. Based on the macroeconomic, industry analysis and the data of subsidiaries achievements of production and business in 2008 and 2009, each group in-depth discussed "where the competition exists, how to compete, when the competition happens" with the help of the strategic planning tools learned during the first day s session class. This training deepened all the participant managers understanding of the strategic planning tools and promoted the strategic thinking of the core leader team. And the managers offered a lot of valuable suggestions for CRP s "Twelve Five-Year Plan" as well.