CONTENT: Blog
Becoming an innovative company doesn’t just happen. It’s the product of carefully and thoughtfully-designed strategy, creating operational systems and processes that support it, and establishing a culture that fosters challenging the status quo. I’m proud that Boston Consulting Group (BCG) has recognized Lenovo as one of the Most Innovative Companies of 2021.
BCG describes three conditions essential for innovation:
Prioritizing innovation
Readiness to transform investment into results
These three conditions align with our strategy to transform from a device+ company to a global solutions company, as outlined by our CEO, Yang Yuanqing this past week during our Lenovo kickoff to employees broadcast around the world.
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Lenovo Outlines Company Transformation Strategy - From Devices To Solutions Company
Thursday, April 15, 2021 10:05AM IST (4:35AM GMT)
Morrisville, N.C., United States:
Today, during its annual global employee kickoff event broadcast to 63,000 employees, Lenovo unveiled its plans to drive transformation from a global devices company to a technology leader in global devices + solutions, services, and software. Lenovo CEO Yang Yuanqing and other executive leaders outlined the company’s strategy, structure, and goals that will fuel Lenovo’s next decade of growth and position it as one of the world’s most trusted and iconic technology leaders, delivering smarter technology for all.
6 hours ago
MORRISVILLE, N.C.–(BUSINESS WIRE)–Today, during its annual global employee kickoff event broadcast to 63,000 employees, Lenovo unveiled its plans to drive transformation from a global devices company to a technology leader in global devices + solutions, services, and software. Lenovo CEO Yang Yuanqing and other executive leaders outlined the company’s strategy, structure, and goals that will fuel Lenovo’s next decade of growth and position it as one of the world’s most trusted and iconic technology leaders, delivering smarter technology for all.
“Last year at this time, none of us knew how things would turn out for Lenovo,” said Lenovo CEO Yuanqing Yang. “But we did know this: we would support each other in an unpredictable journey ahead; we would fight for the best possible outcome in an uncertain world; and we would use our technology to connect and heal a wounded society.”
2 months ago
Group revenue up by 22% year-on-year to US$17.2 billion
Quarterly pre-tax income (PTI) of US$591 million up 52% year-on-year
Net income up 53% year-on-year to US$395 million
All core businesses delivered both topline and bottom-line year-on-year growth
Announces Group organizational changes to drive services-led growth strategy and transformation
HONG KONG–(BUSINESS WIRE)–$lenovo#earnings
Lenovo Group (HKSE: 992) (PINK SHEETS: LNVGY) today announced record Group revenue in the third quarter of US$17.2 billion, up 22% year-on-year. This was the second consecutive record-breaking quarter, driven by strong growth across all core business groups as well as the company’s transformation businesses. Profits also set new records, with Q3 pre-tax income up 52% year-on-year to US$591 million, while net income also increased by 53% year-on-year to US$395 million. Lenovo’s sustained growth has been boosted by the company’s innovative