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9
Lenovo Group Limited • Annual Report 2007/08
The Success of Worldsourcing
Lenovo’s unique heritage has led directly to one of the
strategic foundations of the company: our worldsourcing
business model. Worldsourcing is a complete approach to
doing business in a rapidly changing world. This demands
a company distribute its management, operations,
processes, and production in company-owned global
“hubs” of excellence.
Our Commitment to Corporate Social
Responsibility
From the environment to the needs of the developing
world’s population, it is both good citizenship and sound
business practice for a global leader to play a significant
role in meeting the challenges faced by all the world’s
citizens. Our intent is to adhere to the most stringent global
standards and adopt the best practices wherever we do
business, including emerging markets. Our “Hope Through
Entrepreneurship” program invests in helping people
around the world transform their lives and their
communities by our support for organizations that
encourage business development and social
entrepreneurship.
Our environmental commitment is evident in our products,
from the ThinkPad X300 – the first notebook to earn
“Greenguard” certification – to the ThinkCentre M57/57p
ECO desktop PCs, which are ENERGY STAR and EPEAT
Gold-certified and use more than 10 percent post-
consumer recycled plastics.
Our Commitment to Talent
Management
Central to our success has been the passion, excitement
and total commitment of Lenovo’s more than 23,000
dedicated team members. Diversity, in an atmosphere of
trust, autonomy and accountability, is an asset that
provides fertile ground for innovation, productivity and
personal growth.
Strategies for Continued Growth
Pursue Operational Excellence
Lenovo has been vigilant in streamlining and improving our
global supply chain and logistics network. Thanks to
increased efficiencies, we have been able to significantly
reduce our costs while maintaining product quality and
availability. In the coming year we will create even greater
efficiencies in our manufacturing, supply chain and overall
operations.
Enhance Customer Intimacy
We are dedicated to building the world’s best PCs that
delight our customers by both understanding and
anticipating their every need. Our goal is to deliver a Lenovo
PC ownership experience that goes beyond the expected
to a new level we call customer intimacy.
Win in Priority Businesses
Our presence in every major market in the world has given
Lenovo insights into what will be the prime growth markets
for us in the coming year. As a result, we will focus heavily
on the consumer PC, workstations and servers, and
emerging markets.
Gain Scale Profitably
Increasing our scale compared to competitors is vital to
generating more efficiency and managing profitability.
Lenovo will use its product leadership, strong presence in
China and large enterprise markets, and dual selling
models to grow in both core and adjacent markets.
Build the Brand
Continuing to build the Lenovo brand has been a top
priority for the company. Our sponsorship of the Summer
Olympic Games in Beijing, along with other world-class
sports partnerships, will ensure that an ever-growing
number of customers associate the Lenovo brand with the
world’s best PCs and unrivaled ownership experience.
I am proud of the progress made in the past fiscal year,
thanks to the extraordinary work of our employees around
the world. It is an exciting time at our company as we build
a truly global brand.
William Amelio
President and Chief Executive Officer
Hong Kong, May 22, 2008