The “barbaric” growth is no longer useful for the current Chinese cable industry. The cable industry needs to be transformed from the old to the new, and new talents, new technologies and new capital are needed to revolutionize the original commercial strength.

Although transformation and innovation have been spoken for many years, for most cable companies, transformation has become a consensus, but not much is being done seriously, and the success of transformation is even rarer. In the transition from excellent to excellent, the cable companies collectively encountered the "transition" hurdle.

Based on the existing model, companies that do not see development ten years later need to transform. Transformation means that companies are trying to change, but change may not be successful.

Under the trend of innovation driving China's economic growth, facing the domestic and international macroeconomic situation and the current situation of overcapacity, homogeneous competition, and low-price competition in the cable industry, entrepreneurs need to shift from arbitrage entrepreneurs to innovative entrepreneurs. Innovation in technology, capital and other aspects.

In the face of the new economic model, the habitual thinking of the past few decades has not kept up with the needs of the development of the times. This is the key to the real transformation and upgrading of cable companies. In the transformation period of cable enterprises, it is the key to cultivate complex senior talents suitable for the transformation and upgrading of enterprises. If the human resources policy cannot be adjusted, we will face a disconnect between the development of enterprises and the development of talents.

Secondly, it is necessary to change the extensive growth model that previously relied mainly on expanding factor inputs and extensive production scales. Through product innovation and process innovation, further energy conservation and emission reduction, reduction of energy consumption and environmental pollution, transformation of green development, and continuous improvement of enterprises to create value and profit. Enterprises should also pay more attention to technology recombination, the recombination between one new technology and another. Products and services form a new value, a combination, which will be the highlight.

Company competition today and in the future depends on how entrepreneurs handle the transformation of capital operations. In order to obtain the maximum economic benefits, it is necessary to continuously improve the level of capital operation, especially during the transition period, the control of assets and the reasonable allocation of capital are very critical links. Including today's popular "Internet +", it is also an effective fit for cable companies to improve the efficiency of traditional industries.

As long as the advantages of operations, channels and brands can no longer keep up with the competitive needs of the times, we need to change. Of course it is painful to change from quantitative to qualitative, but it is powerful after transformation. In the transformation from excellent to excellent, cable companies need to continuously improve team culture, fine management processes, diversified capital operations, and reduce transformation risks.