The Driving Force of China's Enterprise Management Innovation under the Supply-side Reform

Faced with global economic uncertainty, weak recovery, and the impact of rising commodity prices, especially the current Sino-US trade war, many companies are faced with the situation of having to change the status quo, especially those lacking core competitiveness. The 19th National Congress of the Communist Party pointed out that China's economic development has entered a stage of high-quality development, and socialism with Chinese characteristics has entered a new era. The main contradiction in our society has been transformed into a contradiction between the growing needs of the people's better life and the development of inadequate imbalances. At present, how to carry out enterprise management innovation in the new era has attracted widespread attention from scholars at home and abroad. Since the reform and opening up, China's economic strength has been greatly improved. Advanced management experience and technology have flowed into China, which has made tremendous contributions to the development of China's enterprises. Management innovation has played an increasingly important role in the development of enterprises. At present, China's economy has entered a new normal, and the resource conditions and dynamic factors supporting China's rapid economic growth are gradually changing. The nature of the "new normal" is a structural problem, and structural reform is urgently needed. The proposal of "supply-side structural reform" will build a new driving force for the next stage of economic growth and bring new opportunities to the development of enterprises. Therefore, the traditional enterprise management model is no longer suitable for the further development of enterprises, and innovation is the only way to promote the sustainable growth of enterprises. Enterprise growth is realized by enterprise innovation.