On The Up

Only those who are innovative and enterprising can lead state-owned enterprises effectively. The transformation to profit-orientation is the key to success.

December 25, 2012

State-owned enterprises, individually owned companies and corporations owned by groups of people have one thing in common, to produce the biggest profit possible. To be sure, there have been state-owned enterprises (SOEs) whose mission has been only to provide services for the public, but in such cases many are unable to sustain themselves. SOEs are usually involved in businesses that make use of natural resources, aimed at improving the people's

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