“In the past, our success was mainly because of external resources and a fasting growing market; in the future, our success should and must be based on successful strategy and strategy execution. BSC can help us to establish the strategy management system, it can help us to cascade our strategy throughout the whole organization. Now, we will manage our company based on BSC principles,” said Mr. Wang, President of XinAo Group, at the BSC consulting project concluding meeting.

XinAo Group is a conglomerate engaged in the field of energy development and utilization. Its core business covers an integrated value chain, including energy production and distribution, as well as related business such as energy equipment, energy technology, energy related chemicals and bio-chemicals, and industrial property.
XinAo pays close attention to enhance management ability as it grows its businesses. After initially clarifying group strategy, XinAo needed a management tool to cascade and implement objectives, turning strategy into actions. Challenges during implementation were dealt with quickly; strategy required further clarification and concreteness, objectives were better defined for successive operational levels, new linkages were established between strategy and the performance management system, headquarters and functional departments clarified their relative contributions and value, and improvements were made to overall organizational alignment.

XinAo Group appointed eGate as its partner to build a comprehensive strategy execution system, greatly advancing XinAo Group strategy management ability.
Examples of significant improvements and achievements include:
Financial:
     1.Increased revenue 190% to USD1.1b from USD0.4b (2003 to 2006)
     2.Improved strategic readiness index to 55% from 35% (2003 to 2006)
Non-financial:
     1.Forbes “top 200 Best Small Enterprises” (2001 to 2003)
     2.Honored by Asian Currency as the Best Managed Medium Size Company in China in 2004 & 2005
     3.Honored by Asian Weekly as one of the Top 500 Chinese Enterprises from 2001 to 2005, and among the         Top 20 Chinese Enterprises with the highest growth ratio from 2003 to 2005
     4.Chairman & Founder, Mr. Wang Yusuo, is listed among the Forbes China 100 as one of the wealthiest         people in China