Earnings fell in the face of huge profits and "Lenovo is also surprising in terms of the Board", "group executive power is not enough" explanation, Lenovo seems to a "historic" node. Who regain their weakness, how ZTE Lenovo? Who righting Lenovo International, nationalization of the road, how to associate people to restore confidence in recycling association of entrepreneurial culture? Yang, or - who replaced Yang? History will continue to prove "people-oriented, all depend on people" rule.
Early in November, Lenovo released semi-annual report fiscal year 2008 to 2009, data show that close by the end of September 2008, second quarter net income was 23.44 million U.S. dollars, 105.3 million U.S. dollars a year earlier, down 77.7%; As of the end of September 6 months, net profit of 134 million U.S. dollars, compared with 2007, the 172 million U.S. dollars over the same period fell 22.2%. In this connection, Lenovo Group Chairman Yang said: "the impact of the global economic downturn, coupled with the implementation of its strategy not in place, Lenovo last quarter results below expectations. In this regard, the Group operating structure will be optimized to improve efficiency , reduce costs, improve execution, and rapid development of emerging markets and consumer markets business. "and lamented" IT industry harsh winter has just begun. "
Excluding the impact of the global economic situation, a description of the Yang, the "executive power" as the main reason for poor performance of the present association and its "unexpected" illustrates the decision-making vision reality inconsistent with the execution. However, Lenovo has become the core of culture, motivate employees, "the 5% wanted to become a 100% success" of the "executive power" has become now think why the "weakness"? Have the experience of many death-related associations such In the international rough road in the case?
Chinese brand as important in a fiscal year quarter profit fell sharply, in fact, this performance is not the most terrible, but to think of people's confidence in the current state of the displayed, inevitably lead to speculation that the industry: Lenovo will not take for Shuai - the most decisive and positive and significant steps to restore the outside world and the confidence of employees of the association?
Internal performance in the world or other serious things difficult for the majority, and we certainly hope that Yang will be exceptions, but if not exceptional, what the possible? If Yang can not continue to bring confidence to the association, former associate of the "Fab Five will be "in, who can take over the association banner? Lenovo's founder and core Liu in turn, in what state of mind or how to face the challenges?
Guo Wei then current Chairman of the Board and CEO of Digital China
As the original and the Yang, "competition" Liu successors "focus" opponents, Guo Wei in Lenovo's growth history is unique: he had changed his 11 years in 13 positions, and more to come by. 28-year-old assistant president of Lenovo Group, the promotion, early into his management, the outside, rounded character, good with people. It has been concluded, Yang and Guo Wei, Liu's temperament was very true biography, "One is the management, one is political." In 2000 almost to solve the "mountain can not accommodate two tigers" in the association business spin-off taken, it was understood as "one network or another network." Today, the Yang to the international expansion of the "network" in very difficult and whether such year as Guo Wei, Digital China out of the existing "network" to find out Lenovo's life?
Main deeds: 1990 Sun Hongbin incident, a critical period in the integration of Lenovo's 18 branches, 1994 Industrial Park, Daya Bay, south integration projects, Guo Wei has a number of life and death in the association to act as "blocking eye-catching," fire-fighting role of soldiers. After the separation from Lenovo, Digital China Guo Wei advocacy services to transition to lead the Chinese IT market, one of the largest business groups - channel business development. Driven by the strong Guo Wei, Digital China IT Services transformation campaign has achieved results and the gradual Digital software and services industry in China made some dominance.
Last month, Digital China has just released fiscal year 2008 to 2009 interim results report, Digital grow fast. To 2008, Guo Wei has achieved its 200-billion turnover target, but its high-margin IT services is still relatively small proportion of total revenue, Guo Wei, and God code on the road in the IT transformation remains to be done. In addition, its annual work hard in the domestic market, lack of international business experience, lack of "A Good management skills," Guo Wei became the technical basis of the short board.
VC Legend Capital Managing Director Zhu Linan incumbent, President
And Yang, Guo Wei from the beginning to now think through different, Zhu Linan enrich the role of transformation: Engineers - Company executives - the entrepreneur - venture capitalist. 15 years ago had their own business over a period of Zhu Linan Liu in a telephone recall by association: "the self-employed can earn some money can be a stage too small, if things continue this meaningless, think back to it." Frequently appears Zhu Linan Liu special care no Yang, Guo share of hills unexpected, like a box of lubricants, condensate mixture. Outside of their evaluation is cool, calm, gentle work style than Yang, Guo Wei tough than that. "Only Zhu Linan to balance good relations between Yang and Guo Wei." Insider view. Off the ground then think "separation" of the coordination, integration, currently vice president of Legend Holdings Zhu Linan is considered to Lenovo, "the third Young Marshal."
Main deeds: who co-founded Joyo, 75 million U.S. dollars to sell e-commerce giant Amazon, up to 13 times return on investment; 3 million U.S. dollars investment in the telecommunications group, listed in Hong Kong after an average of 7 times earnings, Shenzhen hearing days within one year of Japanese listed companies were sold to Index, nearly 4 times the rate of return. Zhu Linan in the IT industry nearly two decades of business experience and extensive network of contacts; in corporate business development, investment management, finance, human resources, information technology has extensive construction management experience. I think that makes the enterprise even though he voted with the wind than he was "more suitable for investment", but compared to Yang, Guo Wei, Zhu Linan has investment from the venture to the full experience, from a wide range of enterprise IT to the Internet perspective, this is probably his advantage.
Teacher Chen Guodong current president of Raycom
Main deeds: Lenovo's growth trajectory for each Young Marshal seems the tree, so melon. Chen Guodong is now engaged in the real estate sector also benefited from the current construction of factories in the association to develop the industrial park's life experiences in Daya Bay. In 2001, the Chinese Academy of restructuring, Lenovo holding company required to 8 hectares in the area of the computer into a modern science and technology park. Lenovo Holdings expects to expand products and investment. As a result, Lenovo has been building businesses in the Chen Guodong plant was "pushed" into the real estate cycle. Become a veritable "think real estate Young Marshal." And Yang, Guo Wei, Zhu Linan's "association for the elderly," the experience is different from the teacher turned businessman Chen Guodong by a unique "live", real estate management association to open up territory, but from the association's core business, he and John Zhao Huan still not touched.
Ling-Huan Ren Hongyi new investment is president, Lenovo Mobile Chairman of the Board
Into the association as less than 6 years Ling-Huan, compared with the previous four, is truly "new" and "new", it is called also from the perspective of its extensive overseas experience. Short time because access to Lenovo, Liu told the returnees often new to "the association when the lifeline."
Main story: Before adding Hony Capital, Chiu Ling Huan has served as U.S. data communications company US Robotics Inc. Vice President and General Manager and U.S. telephone conference equipment manufacturer Shure Brothers, Inc.'s Core leadership. In addition, Ling-Huan also served as managing director of venture capital firms eGarden, Infolio, Inc. And Vadem Ltd. The chairman and CEO and other senior management positions in several enterprises. With international business experience Ling-Huan, who have make plans association international strategy, however, Lenovo's international predicament faced today, he might think to reconsider the new strategy.
Yang still
Time rewind 8 years, in association pledging fiscal 2000 conference, Liu will be the official banner of dark blue Lenovo awarded to Yang, along with the association to create the first generation of the legendary director is the official curtain call: the young Yang embarked on a Lenovo stage of history was the media as the "Yang-led management has been accepted by the market, Lenovo has begun to truly enter the 'post-Liu' era."
Time to fall back to 4 years, first half of 2004, Lenovo's strategy to face layoffs of frustration, Yang Liu to the public on the maximum support. Yang said he had three things: First, the development of the company's goal, had to rush forward. Second, we should take good care of employees, those employees laid off from within the strategic heart sorry that rehousing. Third, strategic mistakes to reflect, but not stagnant.
Today, only 44-year-old Yang may well seem a bit lonely: from domestic and foreign competition from companies up and down all the time there is no pressure, more importantly, how to adjust to face even the re-planning association international strategy to address halfway discomfort and poor execution of the question. This is Yang's problem is Lenovo's problem.
Helmsman Liu
Kite flying further away, also still holding thread, in order to maintain direction. Liu is the association's "line." The greater part of his efforts have contributed to Lenovo's business thinkers, at the moment seems to lend a helping hand in the lobby and gave assurance role.
Chinese entrepreneurs, the success of the road, often not only to experience the challenges of the commercial market, but also through interpersonal relationships, different interests, temper, and baptism. Liu, who appears in several of the Young Marshal that the company's superior and senior, helping his career is full of the helmsman, now, he will also face the serious thinking for Lenovo.
How to weigh the moral and just, how both "hold people" can "grasp the pulse of the market", both the prestige of another company's specific business development and have a transparent understanding of reality, which is Lenovo's contradictions, but also all the Chinese important proposition of large enterprises.
Conclusion
Perhaps, in addition to the Fab Five will be the first tier, there are outside their subordinates Marshal: Chen Shaopeng, Lin Yang, Li Lan ... ...
Lenovo does not lack talent.
However, the root of the problem is that coaching change how the meaning of the association?
In China, business leaders often become the most important one of the symbols. But too much emphasis on leadership style and ignore the construction of the company's core competitiveness, the consequences are extremely dangerous - often caused by the change leaders of the direction of company performance and even the big change.
Easily spend hundreds of thousands to oath-taking rally, New Year's party of magnitude are thousand - from the appointment, removal to the corporate culture, full of human atmosphere makes Lenovo Lenovo difficulties as long as the central figure in the call will be able to pull together through thick and thin, but This excessive focus on "corporate culture" building "emotional" and "passion" and also to think lost the most of international large enterprises should have normal, stable and institutionalized.
The reason for the lack of core competence is probably the real problem facing the association. Competitiveness is not hard, and then the culture is strong illusion, so that more people live far from the real one. Moreover, this culture is so obvious and desperate hopes several Young Marshal, not the concept of silent lubricant penetration.
China's reform and opening up in the macro-situation, the association is led by Liu or Liu entrepreneurial venture team material product rose in line with the people of the Lenovo Lenovo business and cultural expectations. At the same time, Lenovo is the united association of people with a spirit of solidarity created by the rise of the Lenovo product line with the market's recognition of Lenovo products more content.
Although Lenovo's business market are worried about underlying problems, such as: While the world's fourth-largest PC maker, Lenovo's international whether they are merely have their table, in the management, operation models the availability of "international chain" of genes and temperament ; It has been commented: "The Legend of challenges in the international performance of a pass, conditional to move forward." The only failure was not enough, Lenovo needs best. The market seems to be more expected, Lenovo to recycling enterprise culture and vision, including Lenovo partners, employees, including all the way to restore the confidence of the association, Liu did not give up the Lenovo brand, founder of the ideal of thought and action.
Lenovo is China's wealth, not only material but also the spirit, and we look forward to a long-term sustainable development, a great association.
Guo Wei
Born in 1963, aged 45.
Hebei Qinhuangdao people.
In 1985 graduated from the Department of Management Engineering, Northeastern University, a bachelor's degree.
In 1988 graduated from the Graduate School of China University of Technology (Beijing), Master Degree in Management and candidates in the same year to Lenovo, Lenovo Group as Public Relations Manager.
In 1991, only 28-year-old Guo Wei was promoted to assistant president of Lenovo Group, Lenovo became the youngest president of chamber members.
In 2000, Lenovo Group spin-off, the following year in February, as the Legend Digital China Guo Wei, Chief Executive Officer.
December 2007, served as chairman of Digital China.
April 1, 2008, Guo Wei leaving the post of president of Digital China, the years of the old men take over Lin Yang, Guo Wei was named CEO and Chairman of the Board to continue to serve God code.
Zhu Linan
Born in Fuzhou in 1962, aged 46, grew up in force.
In 1987, Master of Electronic Engineering, Shanghai Jiaotong University graduate. Now enjoy special government allowances of experts.
In 2001, Lenovo Group split, as president of Legend Capital.
Joined Lenovo in 1989, served as associate general manager of Shenzhen, the group general manager of business development functions.
1993 to 1997, during their own business to run, "New Legend" companies, engaged in system integration and software development business.
September 1, 1997, Zhu Linan back to Lenovo's headquarters, all the way from the business development vice president, general manager of associate director of planning to do, Deputy Director, then Assistant to President, Vice President, Senior Vice President, and finally to become executive Committee members.
In 2001, Zhu Linan founded and served as president of Legend Capital, Managing Director, Investment Policy Committee is responsible for the company's overall strategy to develop and lead a team to implement the established strategies, responsible for overall management of the company.
Chiu Ling Huan
In 1984, graduated from the Physics Department of Nanjing University, the United States before the study, served as director of Jiangsu radio factory workshop and factory director and other staff.
In 1987, the United States to study, has been the University of North Illinois Master of Electronic Engineering and Physics master's degree at Northwestern University's Kellogg School of Business Administration degree.
Second half of 2001, in recommending Ms Mary Ma, the meeting with Liu, and part-time as Lenovo's "strategic adviser."
January 2003, joined the Legend Holdings Limited. Legend Holdings was formed subsidiary specializing in equity investments and investment management services subsidiary of Hong-yi.
In 2006, Ling-Huan was appointed advisory professor of Nanjing University Business School.
In 2007, Yih-invested enterprises was 40.4 billion yuan total assets, total sales of 51.6 billion yuan, total profit and tax of 43 billion yuan.
Chen Guodong
In 1987 graduated from the China University of Technology Management.
Renmin University of China in 1990, graduated Master of Economics and Management, Renmin University of China later taught for four years.
In 1994, Chen Guodong resigned from the people of university faculty, joining Lenovo, Lenovo is responsible for the initial production base in Huizhou, Guangdong Province, the construction, then, served the cause of development of industrial associations (Daya Bay) Ltd., vice president of Lenovo Group, Legend Capital, Managing Vice President.
In 2000, the association split, Chen Guodong remain Legend Holdings.
In 2001, Raycom company.
In 2002, Raycom Raycom built Information Centre, Block A formal occupation, two years later, Raycom InfoTech as a model in Zhongguancun international Grade A office space.
In 2003, Lenovo Holdings president room to pass a resolution a huge real estate profits Legend Holdings has finally become a main theme of future development, Chen Guodong command expedition.
The end of 2003, Raycom get in Chongqing and Wuhan, a piece of the residential land, to achieve the early development of the relevant objectives achieved Raycom major breakthrough in residential projects.
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