Lenovo 2015 Annual Report Download - page 56
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54 Lenovo Group Limited 2014/15 Annual Report
CORPORATE GOVERNANCE REPORT
Continuous professional development program
As part of the continuous professional development program, the Board members from time to time receive
presentations from senior executives in the business on matters of significance. Financial plans, including budgets
and forecasts, are regularly discussed at Board meetings. The Company would arrange appropriate visits and
seminars covering the Group’s operations, the industry and governance matters for directors to facilitate their
understanding of the Group’s businesses and have a better awareness of the risks associated with the Group’s
operations.
During the fiscal year 2014/15, the trainings and activities for the Board were set out below:
Site Visit
The Board had the opportunity to meet with senior
management of Lenovo Mobile Business Group and
to visit Lenovo Wuhan Experience Center and the
manufacturing plant in Wuhan. These arrangements
provided the Board a better understanding of the latest
technology and products developments of the Group
and an insight into the business operations and the
strategic direction of the Group.
During the visit, directors were provided with updates
and presentations from local management and had the
chance to meet with senior management there and
observe the actual operation of the plant.
Industry Congress
Lenovo operates in an industry which is rapidly changing
in terms of market trends, consumer preferences and
technologies. In order to keep directors updated with
the latest technologies and products development in
the industry, the Company has made arrangements
for directors to attend the Consumer Electronics Show
and the Mobile World Congress in Las Vegas
and Barcelona respectively. During the visits,
directors were given the best product reviews,
product demos and displays that showcase
the technologies of the Company and also
those of other players in the market. These
events provided excellent opportunities for
directors not only to acquire the most advanced
technological knowledge in the market, but
also to meet with the senior management of
the Company and other innovators, builders,
technologists and customers there.