"New Lenovo will be October 15 to enter global resources comprehensive re-engineering of the second phase, the Lenovo China and Lenovo international two parts originally to maintain separate operations of the business will be in accordance with the new development ideas, resources, and ultimately the formation of a new global architecture. "Yesterday morning, Lenovo Group Chairman Yang yuanqing at News Conference announced Lenovo's latest action.
"As an association in the process of internationalization of important step in the consolidation ratio we estimate of time to six months to a year. "According to Yang, a new organizational structure will enter into force on 15 October, Lenovo's original business and the recent acquisition of the IBM personal computer business to globally consolidate together into a unified structure. Past each product operations, supply chain and sales system will merge, consolidated into this new organizational structure.
According to reports, this resource integration aims to establish a strategy consistent with the organizational structure, Lenovo hope "through the Organization of competitiveness improving decision-making speed and achieve clearer accountability Division and more professional services capability." In this target, Lenovo will be reclassified to global products group, global supply chains, global sales and regional system, global research and development system, global intelligence system to five different modules.
"Consolidation makes Association and IBM PC business combined, become a truly international company. "Yang said," this will help us build a more competitive business models, enhancing efficiency, improved cost structure. This will give us the opportunity to maintain the original Lenovo international in large enterprise customers of competitive advantages while greater efforts to develop global SME and consumer market. ”
In the interim to the Beijing Conference, Yang yuanqing, Lenovo Group Senior Vice President Mary Ma, Lenovo Group Senior Vice President Liu Jun, he said, Bill · Matson, Lenovo Group Vice President Lvyan, chenshaopeng, Liu zhijun. This portfolio showcases Lenovo for the importance of this Conference.
■ Reorganization plan: China and India market will set up regional headquarters Think, Lenovo brand business in the Chinese market consolidation
The new Association will be the regional headquarters consists of three to five, mainly responsible for the areas of product sales and customer service, overall by the Lenovo Group Senior Vice President, Ravi · Marwa El leadership. In China, Think brand and Lenovo-branded business will merge into one, the establishment of the world's four regional headquarters Lenovo China area, by Lenovo Group Vice President is Chinese area General Manager Chenshaopeng concurrently. From 1 January 2006, Lenovo will be set up in India, five regional headquarters.
According to the plan, the Lenovo brand, Think brand and IBM-Think brand products global business is divided into new Lenovo's global products group, consists of a desktop and a laptop both international business group, by Lenovo Group Senior Vice President and Chief Operating Officer of Clermont · Osage liwen leadership; in the supply chain, Lenovo will put the link in the supply chain to be merged into a single including procurement, logistics, sales support, supply chain strategic planning and manufacture, fully operational, the new global supply chain system, by Lenovo Group Senior Vice President and COO Liu Jun leadership.
Lenovo also announced that will be located in Beijing, China, Japan and the United States and consolidated to the Raleigh Center and unified by the Lenovo Group Chief Technology Officer-Bosco. Adjusted, he said, Liu Jun, Ravi · Marwa El and Clermont · Osage liwen will directly to Lenovo CEO Steve · Ward report.
■ Observation: consolidation ahead depends on the domestic market contribution share price performance prove that Lenovo merger IBM PCs business gain market recognition
Consolidation of speed or even surprise Yang yuanqing expectation.
Contrast up after that year's acquisition of Compaq HP up to two years of consolidation, Lenovo and IBM for this transaction was once considered PC industry and even the world enterprise history a miracle. Top from DELL and HP enormous competitive pressure, the Association not only in the merger of the completion of the first quarter will help IBM had a loss of personal computer Division of profits in less than half a year later began to rebuild the global organizational structure.
"According to the original plan, in the Chinese market, Lenovo international and Lenovo China independently operating business models will be maintained to around mid of next year. "Yang said, because of the need to corporate culture, human resources, and other aspects of the integration of basic finishes, before the company's restructuring of the global level. "But start from May this year, the Association has already started to realize such a step will significantly advance. ”
Yang the record speed of reasons explained as "merger completed in cost reduction", and considers that this constitutes a Lenovo in mergers and acquisitions completed during the first quarter is the root cause of realizing a profit.
"Since the two sides are merged in the future by purchasing costs decline, synergy, in May and June for two months to achieve synergies of 10 million u.s. dollars. As a result of integration goes well, investors on Lenovo this acquisition attitude changes in August 10, we announced our first quarter performance, stock prices to 3.2 associative, compared with yesterday's closing price of the stock is HK $ 3.65. From here we can see investors for this acquisition and positive attitude. "Yang said.
However this is not a Lenovo and HP are different. Relative to more capital operation experience of HP, IBM, Lenovo in "digestion" do this degree, the more dependent on China in the world with the greatest growth potential and growth markets.
Former HP and Lenovo, now the biggest difference is that Lenovo has the strong support of the Chinese market. You can support this view of the data is, China PC market in 2005 to 2009 year compound annual growth rate of up to 13 per cent, is the United States, Western Europe 2 times, Japan's 4.3 times. New Lenovo currently in China
Market share reached 34%, Lenovo Q1 publishing of results, the entire greater China contributed revenues of 40.45%, sales up 24% year-on-year growth in four large areas is the fastest, as new company contributed a large amount of cash flow and profits."China will become the home of the new Lenovo business, for the future development of the new Association will play a crucial role. New legend 3/4 of the staff here, nearly 70 percent of the products manufactured in here, there will be many important value-added chain headquarters directly, such as global supply chains, global technical research and development, global desktop products and mobile products, all of the people's Republic of China. "Yang said.
■ Dialogue Association: Lenovo advantage comes from "made in China"
No comments:
Post a Comment