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1、Lenovosbusinessstrategyofenteringinternational marketIntroductionChoosing what kind of strategy to enter the overseas market is not only important to the business success of accessing to overseas markets, but also important to the business to further develop and expand. This influences the companys
2、competitive position in the global market and international development pace. This management report is based on the related theory, companys advantages and the objectives of the international business company. Its aim is to put forward for Lenovo to enter the international market and international
3、business model design.1. Lenovo business backgroundLenovo was founded in 1984 by the CAS Institute and being invested 20 million Yuan. The founders are 11 scientific and technical people. And today Lenovo has grown into a diversified development large enterprise groups in the information industry. A
4、t the beginning, the turnover of the company is only 300 million. But the number was 1.1 billion in 1994 and 30 billion in 2004 in annual sales development. Todays Lenovo Group is Chinas leading IT Company. It is primarily engaged in the desktop computer, notebook computer and mobile phone devices a
5、nd servers .It has developed into a diversified developmentcompany.Lenovo has been across two steps from its being set up: Before the 90s in the 20th century, Lenovo was mainly a trade-oriented enterprise. Survival is the main purpose; the second stage is the development of its own brand in the late
6、r ten years. After 20 years development, Lenovo has been ranked first in Asia in the computer industry, dominating the Chinese market; the future of the space is the global market and global competition.2 LenovoCorporate CultureLenovohas madebrilliant achievementsand attracted worldwide attention in
7、 the past20 years in the territory of China. It is acharminglegendof Chinese enterprises.Then what is Lenovos secret of success?Throughthe course of development and the understanding for Lenovobusinessculture,we thinkthe success isbased ondifferent stages ofthe corporate cultureand making the approp
8、riate adjustments according to the situation. That is,withthetransition of the company time after time, that the culturalevolutionare carried outagain and again.Recalling thepast20 years, theassociationof 11peopleenterpriseshas developedas amajor internationalenterprise groups.Liuand 11othersstarted
9、by20 millionto set uptheInstitute of Computer Technology -the predecessor company.This stage primarily used technology servicesto accumulate fundsthroughopenmarketwith its competitive products. The corporate culture ofthis periodmainly represented that entrepreneursdevelopedthat the researchers stoo
10、dbehind the counterandmade some Lenovorules, etc toexplore themanagement of enterprise management.Among them, theassociationput forwardthat we want the results notthe processandthe benefits not the effort. The marketoutlook included the qualityis life, the user is Queen and thereputationis even more
11、 expensivethan gold.2.1 Lius business and customer culture The culture of Lius period emphasized the pursuit of a strong executive. In 1984, Lenovo was set up in a square room of the Chinese Academy of Sciences. 11 staff started the business by 20 million invested by CAS Institute of Technology. Wha
12、t Lenovo face during this period is related to the competitive pressures of survival. They are full of determination to start business and full of the spirit to overcome all difficulties. At that time Lenovo often say that we should let 5% of possibility turn to 100% of reality. This is a very stron
13、g entrepreneurial culture shown in the environment at the time. In the view of Lius word being word, action being action which is executed firmly, the staffs have a very strong response. This will help Lenovo the target of customer-centric orientation at this time. Lenovo believes that the customer
14、is queen, and treating customers are going to face the cold ass. This reflects the association has strong customer awareness. From changing from scholarship to do the market, Lenovo began to understand what to be concerned about is what customers need, consider what products we should go for sale, c
15、onsider how to control costs in order to earn money, consider creating our own brand. As a result, business sense builds up step by step Lenovo people often say that there is no master. It is ourselves lead us into the door of the market; At the same time, the most impressive cultural memories have
16、to be realistic and enterprising spirit of the association, which requires people to have the spirit of down to earth and the realistic spirit of making progress. 2.2 Yangs strictness and entrepreneurial cultureWhen the company first got into the business and a long-term sustainable development obje
17、ctive shown in front of Lenovo, the corporate culture walks toward the rules-oriented. Lenovo people want precise and efficient rules, want everyone to be strict, serious, active and efficient. They put a lot of things into one workflow system to have specifications. They say obeying the three princ
18、iples of working, turning around the rule. The behavior of employees needs to be regulated, how to carry out the business needs norms, businesses management also needs to be regulated. Lenovo culture gets into a strict culture period. That strict culture as a management style appears at this time is
19、 conducive to the overall management level. The company promotes the strict accurate culture of this period which ensures the rapid development trend of Lenovos 1997-1999 three-year.When the company got more and more developed, more and more departments, Lenovo discovered that simple strict culture
20、is not conducive to focus on collaboration within the company. So this period Lenovo spoke more about team sense, telling us the truth that how to work in little company, how to be a man in large company. Meanwhile, the company advocated equality, trust, appreciation, affection of family culture to
21、make Lenovo a little more conducive to collaboration within the companys air. Family culture promoted mutual support, promoted mutual customer philosophy, implemented matrix management model, required the co-ordination between departments and levels and resource sharing, promoted equality, trust, ap
22、preciation and affection. At this time the corporation culture began the transition that is guidance from the rules to the support. In 2000 Lenovo formally defined the support of family-oriented culture. Yang yuan qing is Called From the revered teacher, to the respected the manager, now as Yuan Qin
23、g. Three such changes have been achieved for Chinas IT flagship corporation for 17 years after its setup. Yang admitted: Lenovo was more left early in the days and family composition is relatively small. So we began to emphasize the family culture two years ago. There will be a fixed day each month,
24、 leading members of the team standing in front of the company to meet the staff. Yang let all Lenovo employees call him Yuan Qing. Who called president Yang would get a fine of 100 Yuan. Lenovo stressed family culture for a time. Researchers at the Institute follow the work in Silicon Valley, such a
25、s the allocation of working hours can be on their own decision, casual dress in the office and so on. Yang also proposed that in the staff birthday, present birthday cake as the company name; even on Valentines Day let everyone get off to date early. Family culture is the content of building creativ
26、ity in a more relaxed, vibrant atmosphere.Since the moment the new generation of Yang truly took over the future from the older generation Liu, Lenovo began its new journey, which is Lenovos second business. Lenovo now advocate entrepreneurial culture on the basis of culture in the family. In the fu
27、ll sense of post-industrial designed Lenovos new building in Shenzhen, offices, elevators, cafeterias and even bathrooms can find small banners everywhere associated with the entrepreneurial culture. Yuan Qing want to always remind people to think that let everyone back together to have a self-made
28、spirit to face the current competitive environment.Lenovos new entrepreneurial culture is precisely in line with the profound sentiment which Yang points: Lenovo ten years, the most basic thing which never should be lost, is never satisfied, keep making progress, look at the big, lofty goals. There
29、is a goal, then always another goal, which is the kind of jumping to reach.朗读显示对应的拉丁字符的拼音字典 - 查看字典详细内容If the Lenovo culture which is from an entrepreneurial culture, client culture to strict culture, family culture is on behalf of the companys culture of past and present, then the culture which is a
30、bout to start the business is Lenovos future culture. Therefore, the culture is Lenovos core competitiveness. Today it is the culture that creates Lenovo. Lenovo is not only changing their culture step by step, but also creating their own culture in another step. In Lenovos cultural construction, Le
31、novo have learned international advanced enterprise culture, and ultimately the unique formation is formed. This is Lenovos business model of cultural development at different stages of development and showing a different orientation. The development of corporate culture spiraled up. In general, the
32、 company carries out the evolving corporate culture from the innovation (first business) oriented, goal-oriented, rules-oriented, support-oriented and high level of innovation (second business) oriented and finally form the formation of spiral trend.3 Lenovos challengesDecember 2004, Lenovo took ove
33、r IBM PC Division by huge amounts of money of the company, which caused great shock and marks that Lenovo began to walk the road of export-oriented by the help of International Strategic Alliances. Lenovos international road faces complex international market. Lenovo needs to build up its own compar
34、ative advantages. Through the integration of the IBM brand, management and channel edge, it needs to form a unique competitive edge.Beijing December 8, 2004 in Beijing, Lenovo Group announced it get the acquisition of IBMs global PC business as total 1.25 billion, including business desktop and note
35、book business. Specifically, Lenovo paid 1.25 billion, including 0.65 billion in cash and 0.6 billion stock composition of Lenovo. The Chinese shareholder, Legend Holdings will hold a stake of around 45%. IBM will own about 一八.5% of the shares. Lenovo also announced a high-level change adjustment, I
36、BM senior vice president Stephen Ward will serve as the new Lenovo CEO while Yang was named chairman of the company.Contact the previous March 26, 2004, Lenovo signed with the International Olympic Committee. The signing ceremony theme is: let the world think of China. Lenovo became the 6th Olympic
37、Partner. Lenovos international journey has started long time ago. The acquisition is actually two acts of IT cooperation about China-US strategic partnership. Lenovo will be changed from international import-oriented to export-oriented of the road through international strategic alliances “.Facing t
38、he new challenges of the Internet economy, the new era of Lenovo is ready to step forward at the new strategies, new journey of the oath-taking rally. As Yang who is the core leaderships of the new generation said that the culture and the new Lenovos strategy is the first and foremost urgent problem
39、. Then through the review of corporate culture changes, founder Liu said, Western management emphasizes standardization. Oriental Management stresses human, family, or more artistic management. Lenovo should take the standardized and scientific management as the foundation, and regulate with human f
40、eelings and family. “Main ingredient still needs to be standardized.”4 International market developmentInternationalization has always been a goal and strategic objectives of Lenovo. Raising the 2001 target, the 2002 Technology Innovation Conference, April 8, 2003 the new associations name, 2008 Len
41、ovo sponsors Olympic Games, being an Olympic sponsor and the Lenovo acquisition of IBM are all tactical measures for the association International, which have become an integral part of this strategic action. This acquisition is a historical powerful combination between Lenovo and IBM. Lenovo is bul
42、lish on IBMs influence in the international and excellent technique and management resources. Modern Marketing tells us that if companies want to ensure their survival in the competition, and actively explore the market, the best way is to seek some new mode of competition in order to achieve co-exi
43、stence and common development goals. In an increasingly competitive international market, the principle pursued by the previous competitors that competitors are enemies to each other has become increasingly obsolete business concepts and is abandoned by people. International strategic alliance is ju
44、st a new marketing organization having the function of both competition and cooperation.Worlds fourth largest PC maker Lenovo Group released fiscal earnings 2008/2009 in the third quarter. Until December 31, 2008 in the third quarter, Lenovos net loss is up to $ 97,000,000. Lenovo Group must acknowl
45、edge its remaining issues and positive response in order to get more healthy and stable development in the current global financial crisis situation, and sustaining process of international business. The principal analyst Ye Lei of Gartner which is Chinas leading market research firm in Chinese hard
46、ware market said 2009 is the key. Lenovo is ready to fight to defend against the war.4.1 Mature markets recognition overseasThe global market is divided into emerging markets and mature market by Lenovo. In the United States mature market, the main customers have an approval for Think Pad and Think
47、Centre products, while Lenovo has no attractiveness. There has been a U.S. Department of State Procurement storm interpreted by the industry analysts as low-cost sales strategy in China American Psychological conflict. Lenovo Group former vice president and chief marketing officer De Puke Advani poi
48、nted out that Lenovo is really not fully involved in all over about small businesses in the U.S. market, in product, market access and other aspects related to the brand. He pointed out actually It contains a full market opportunities inside it. As a result, Lenovo will be in broader product coverag
49、e in the United States. The market is not just the Think brand, but also focuses on small business users. Only the multimedia home user market is not being involved. Therefore, in mature markets recognition overseas, only the Lenovo Group seize this opportunity in the complete market, its international business can be protected.4.2 New product market opening upIn the business strategy, produ
