Research on influencing factors of Huawei's strategic cost management performance and its mechanism

Abstract

With the instability of the global economy and political situation, enterprises are facing increasingly complex and changeable market environment and challenges. This study takes Huawei as the research object, conducts a comprehensive analysis of its strategic positioning, strategic cost management status, and performance, uses grounded theory to conduct a coding analysis of its annual report from 2018 to 2022, and analyzes the weight and mechanism of action through questionnaires. The study found that business diversification and technological innovation are important factors affecting Huawei's strategic cost management, and they work together with the other three factors regarding Huawei's strategic cost management performance. The innovation of this research lies in the comprehensiveness of multiple research methods, the quantitative assessment of the importance of key factors, the in-depth analysis of the mechanism of influencing factors, and the provision of management countermeasures and decisionmaking support for Huawei and other similar companies. This study has certain significance for promoting the in-depth research and practical application in the field of strategic cost management, and also provides useful reference and enlightenment for other enterprises in strategic cost management