For Lenovo, it was a giant leap ahead from nowhere. Its global revenues in 2006 leap
frogged an unfathomable 359.1% y-o-y to touch $13.2 billion! Approximately two years are going to pass, and Lenovo has left no stone unturned all this time in trying to prove that it retains the original IBM character. As Neeraj Sharma, Managing Director, Lenovo South Asia, states, “Innovation is at our very core, but simultaneously we are working extensively on our cost structures to ensure best possible prices.” He contends that for Lenovo, the key strategic objective is “to grow faster and more profitably than the industry.” And with its extraordinary Sino-American lineage, one would indeed expect that Lenovo would have unleashed mayhem in the Indian PC market by now.
For Complete IIPM Article, Click on IIPM Article
frogged an unfathomable 359.1% y-o-y to touch $13.2 billion! Approximately two years are going to pass, and Lenovo has left no stone unturned all this time in trying to prove that it retains the original IBM character. As Neeraj Sharma, Managing Director, Lenovo South Asia, states, “Innovation is at our very core, but simultaneously we are working extensively on our cost structures to ensure best possible prices.” He contends that for Lenovo, the key strategic objective is “to grow faster and more profitably than the industry.” And with its extraordinary Sino-American lineage, one would indeed expect that Lenovo would have unleashed mayhem in the Indian PC market by now.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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