中国券商核心竞争力的构建研究

厦门大学硕士学位论文中国券商核心竞争力的构建研究姓名：周妮申请学位级别：硕士专业：@指导教师：罗乐勤200505012090WTOC.K.PrahaladGaryHamel1990AbstractAbstractChinesestockmarkethasmadegreatprogresssince1990s.Asanimportantcomponent,ChineseSecuritiesTradermadebigcontributionstothedevelopmentofChinesestockmarket.However,mostChineseSecuritiesTraderhasbeenestablishedformanyyearssinceChineseinnovation,theyinevitablyhavealotofdisadvantages.Since2002,Chinesestockmarkethasexperiencedabigfall,andthesecuritycompaniesfoundthemselvesinareallyhardtime.Meanwhile,withChina’senteringWTO,manyinternationalinvestmentbanksenterChinesemarket.Undersuchacircumstance,howtoimprovethecompetenceofChineseSecuritiesTraderhasbeenbecomingabasicproblemthatweshouldthinkover.TwofamousAmericanscholars,C.K.PrahaladandGaryHamel,advancedtheconceptofcorecompetencefirstlyin1990.Theyinsistthat,withthedevelopmentofglobalisation,thesuccessofcompanieswillnotcountontemporaryproductdevelopingandsomemarketstrategiesariseinbrainstorm,itwilldependontheuniquecompetitiveedgethecompaniesowned.Theessenceofthisuniquecompetitiveedgeisanarchitectonicsystemdifferentiatesfromrivals’.Itisaninteractivesystemofknowledgeandassets,whichcomesfromthedevelopmentofacompany.Normally,itiscalledcorecompetence.Thispaperbeganwiththecharacteristicsandqualitiesofsecuritycompanies’business.ThroughanalysingthedevelopmentandprospectofChineseSecuritiesTraderandlearningfromgoodexperiencesofglobalfamousChineseSecuritiesTrader,westudytheformationprinciplesofthecorecompetenceofChinesesecuritycompaniesandgivesomewaystoconstructit.Thoughtherearemanytheoriesofhowtoconstructenterprises’corecompetenceindomesticacademepresentlyandmostofthestudyfieldisinmanufactureindustrysuchaselectronic,chemistry,architectureandautomobileindustryetc.,littletheoryinserviceindustryespeciallyinsecurityindustry.Asaresultofcorecompetence’smultiformcharacteristic,Individuationofindustryisquiteobvious,soweshouldemphasizeindividualindustrystudy.ThispapersummarizesthatAbstractChineseSecuritiesTradershouldbuildlearningorganizationsoastoenhanceorganizationallearningability,andcultivateenterprises’innovationability,andfinallyformcorecompetence.ThispapergivessomecluestothedevelopmentofChineseSecurityCompanyandhasalittlevalueofreference.KeyWords:ChineseSecurityCompany;CoreCompetence;Innovation12-1-GDP53.79%200220055IPO40%WTO2006200412235305.19-2-C.K.Prahalad(GaryHamel)1990TheCoreCompetenceoftheCorporation20012002-3-2005-4-1990-5-SWOT-6-1987199175,20002004213512329.1320801987-1989198719891987198934501990-199620901990199210-7-1995973922400832198916199719972-119971991147451991109175291991363333GDP19910.5%23.54%199519971998121999200421351232172020002000()220013120200412827-8-8101810262140%20012-52-1GDPAAB-9-19952000621.93%41.2%38.4%36%32.9%42.9%20019751%13%5%11%15%0.20%4.29%0.03%2-22-277%19932003A10102-120002003A-10-2-2200151%11%13%15%5%5%2000200120022003894.51884.45904.14904.251736.231756.391686.651676.061084.941094.981094.421094.291155.741166.251155.781155.73684.69734.61723.85743.46843.75883.45923.34923.4363729.8664929.8364628.3664727.22%=100%2-11-1975197356%209016%2-22001%5123.71322.28513.821111.66159.68518.86200380%20%-12-2020GDP2000207.2%20059.5%+200421()1992121768,2004199114200413731991109.19200442395GDP2-12004123467.423786.85200516135.58%199450010-13-200433.2219982.0327SWOTOpportunities211GDP2-32-32000GDP%GDP152.7184.367.8111.8108.367.3168.2383.417.99WorldFederationofExchange-14-2-3234520011211WTO20021172002121Threats20011211WTOWTO5-15-WTO5140234-16-52001320017ITStrengths2-4-17-2-4ABAB19953233474.00118.864036.4719965309842.37341.5221332.16199774517529.23933.8230721.84199885119505.64803.5723544.25199994926471.17882.3731319.592000108848090.942103.0860826.662001116043522.201252.3438305.182002132543378.23961.7527954.562003139248652.021357.7532035.392004146142395.15653.6142161.902004131820200420019986%70%200223700-18-Weaknesses153.7200035402000114267200120042-52001233200220043090-19-2004-10-26,,,2004-10-1920,92004-09-0632004-09-06,9,2004-01-032003-12-06,,22003-11-252003-04-07,,2002-08-09,,,2001-12-2846079.563=100%3-22002604-52-24-20012001200440%3-33-3200220032004%%%2410.4221%461.40.6527%976.41.0640%9131.5679%1133.61.7873%1239.61.5660%11541.98100%15952.43100%22162.62100%30200014P0.998AA-25-20035%MerrillLynch100002001407218320147320202001(M&A)49.6%(IPO)57.4%13%-26-21%25%9.113-43-4Netprofit199719981999200020011,9281,2712,6933,7845732,5863,2764,7915,4563,521--2,7083,0672,3102001AnnualReport200120012000240200%200164.9972.92%20003-5-27-5352353939303266526652821881%24.4516.21815242.351002001AnnualReportITMerrillLynchDirectMarkets200