联想企业进入国际市场策略分析英文版

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 later

6、 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 appropr

8、iate 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 11othersstartedb

9、y20 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 stood

10、behind 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 cultureThe 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. What

12、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 strong

13、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 is

14、 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, con

15、sider 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 to

16、 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 object

17、ive 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. Theyput a lot of things into one workflow system to have specifications. They say obeying the three principl

18、es 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 con

19、ducive 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 is n

20、ot 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 make

21、 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, apprec

22、iation and affection. At this time the corporation culture began the transition that is guidance from the rules to the support. In 2000Lenovo 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 Qing. Th

23、ree 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, lead

24、ing 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 as the

25、 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 creativity i

26、n 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 full se

27、nse of post-industrial designed Lenovos new building in Shenzhen, offices, elevators, cafeterias and even bathrooms can findsmall 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 spirit

28、 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 whichnever should be lost, is never satisfied, keep making progress, look at the big, lofty goals. There is a go

29、al, then always another goal, which is the kind of jumping to reach.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 about to start the business is Leno

30、vos 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, Lenovo have learned international ad

31、vanced 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 company carries out the evolving

32、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 over IBM PC Division by huge amounts

33、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 comparative advantages. Through the inte

34、gration 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 notebook business. Specifically, Lenov

35、o 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, IBM senior vice president Stephen W

36、ard 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 Partner. Lenovos international jou

37、rney 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 the new challenges of the Internet

38、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. Then through the review of corpo

39、rate 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 feelings and family. “Main ingredie

40、nt 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 Lenovo sponsors Olympic Games, being

41、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 bullish on IBMs influence in the inte

42、rnational 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-existence and common development goal

43、s. 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 just a new marketing organization ha

44、ving 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 acknowledge its remaining issues and posi

45、tive 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 hardware market said 2009 is the key.

46、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 Centre products, while Lenovo has

47、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 pointed out that Lenovo is really not

48、 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 coverage in the United States. The market

49、 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

50、New product market opening upIn the business strategy, product strategy for Lenovo Group International Trade, we have already explained that in the third quarter of fiscal year 2008/09, it is high time for Lenovo to launch a Netbook. At that time Asus was selling netbooks, but Lenovo worried about t

51、hat the netbook would fail to keep up the pace of PC market. So Lenovo once had a negative attitude towards the market. But when the netbook started to show the markets early growth, Lenovo is still a attitude of seeing. It is the positive attitude that let Lenovo lose opportunities in the shopping

52、mall. And meanwhile it led to miss opportunities to avoid the crisis for Lenovo. As many manufacturers have started entering the netbook market, Lenovo finally reached the market. So seize the opportunity to develop new products for Lenovo later days in the market should be a good suggestion.In inte

53、rnational business course, Lenovo should do develop new products to get more market share, seize new opportunities in time and have a keen insight into the market.4.3 Human ResourcesThe accumulation of human resources plays a key role in business growth for IT Corporation. Lenovo has been hired form

54、er IBM executive Stephen Ward M as the new Lenovos CEO, former senior vice president of Dell William J Amelio as president and CEO, former president of China Dell Michael David as president of Lenovo in Asia Pacific and Lenovo senior vice president. Lenovo announced that former Vice President Gerry

55、Smith of Dell took over Liu Juns position who is the original senior vice president. Stakeholders once reckoned that Lenovo was changing into Dell. And if Lenovo truly wants to become a successful international entrepreneur, it must have international talent, and the courage to reuse experienced per

56、sonnel in order to have the opportunity to gain surprise. Followed by the acquisition of IBM PCD, the internal association breeds a culture of inertia. It represents mainly that the weak performance in innovation, the negative promotion at business model and the setbacks for the PC market sensitive

57、(such as the netbook market in the late judge). Lenovo personnel innovation incentive mechanism should be established. Except in the marketing model, staff motivation and successful innovation on the organization, Lenovo should eradicate the culture of inertia of the staff in the most important tech

58、nological innovation. So let it be a business full of vitality and vigor.Therefore, in the international business, Lenovo should do to deal with human resources issues and open up better international business.4.4 Establishment of a global consumer businessIn announcing layoffs, restructuring and a

59、series of heavy news, Lenovo has finally started to beat back to the market: In one year, Lenovo will launched nearly 50 consumer computer products worldwide. In this counter-attack war, China indisputably becomes the most important piece. It not only provides a successful model for the global marke

60、t, but also stays ahead of a situation gesture when more powerful enemy arrives to.In the system of international business, Lenovo Group should have the ability to resume the global sales operations in order to protect the integrity of the process of its international business.5. A more developed st