Lenovo 2014 Annual Report Download - page 12

10 Lenovo Group Limited 2013/14 Annual Report
CHAIRMAN AND CEO STATEMENT
ThinkPad X1 Carbon
reorganize our company to ensure we could continue to drive
consistent growth in our existing businesses and prepare
ourselves to capture new opportunities.
Our new structure took effect April 1, 2014, and created
four business groups (BGs): PC, Mobile, Enterprise
and Ecosystem/Cloud. By organizing each as end-to-
end businesses, these BGs will be able to drive greater
efficiency and drive strong growth. Each has a strong
leader, a clear strategy and a significant opportunity to
create sustainable, profitable growth. With this structure,
we are confident that we can maintain our strong
momentum in our core businesses, grow new businesses
and successfully integrate our acquisitions to begin
realizing synergies and creating value from day one.
FOUNDATION OF OUR SUCCESS
With the help of our formula for success, our strong
performance last year was driven by the same factors that
will be the key to our future success:
• A clear strategy that balances delivering strong
short-term results with reaching long-term
objectives: We protect our core PC business,
increasing profitability even as we continue to see strong
opportunities for growth as the industry consolidates.
And we will attack in Mobile, Enterprise and Ecosystem/
Cloud to drive growth and gain share. Our clear strategy
continues to drive strong execution worldwide.
• Our commitment to and investment in innovation
that differentiates our products. Lenovo’s
investments in innovations continue to drive growth
through differentiation. For example, the new Yoga
Tablet drove Lenovo’s substantial share gains in tablets.
Lenovo continues to be the clear leader in defining
the new “multimode” PC space, with products like
Yoga and Helix. In the year ahead, you can expect a
new generation of innovative products, more exciting
applications around security, synchronization and Cloud,
and more innovations in key components, such as
biometric technology, gesture and voice control, display
technology, and new materials. We will continue to
make our products more exciting, and more useful, for
our customers.
• Our efficient, end-to-end business model. Lenovo
never stops improving its unique, dual-business model:
serving global, large enterprise customers through our
relationship model and small-to-medium businesses
and consumers through our transaction model. In
addition, our hybrid manufacturing model gives us a key
competitive advantage by giving us additional flexibility to
meet customers’ needs. Operational excellence is a core
Lenovo strength, making us one of the few companies in
the world that can make the dual model work.