Strategic Management Audit Lenovo
Management Audit Report
Lenovo 2015
Introduction
The intention of this document is to summarize and give an overview of Lenovo’s management structure, long term and short term strategies and governance. It also aims to associate management practices with actual results and provide analysis.
In particular, this report will cover the following agenda:
1. Organization Structure
2. Company Objectives and Goals
3. Strategic-Management Concepts
4. Management Effectiveness
5. Authority Delegation
6. Responsibility Descriptions and Specifications
7. Employment Morale
8. Employee Turnover and Absenteeism
9. Organizational Reward and Control Mechanisms Overview
Lenovo is a world leading personal technology company that produces PCs and mobile devices
…show more content…
Their mobile business Group and Ecosystem & Cloud continue to focus on growth and innovation. Lenovo have defined a well measured corporate objective to transform from a product centric-company to a customer-centric one. They aim to achieve this transformation by moving from just making the best hardware to actually combine hardware, software and cloud services. They plan to create multiple touch points to engage with people treating each as individually with the intention to deliver best customer …show more content…
But it is one we at Lenovo have successfully faced before. We will do it again.”
Lenovo has the “Win As One” culture and talent initiative to support their integration efforts focusing on acceleration and effectiveness of new leaders, building strong relationships with new teams and facilitate open exchange of ideas and best practices across the organization. Lenovo’s top leadership has a clear vision for their integration success with key principals: “Be Frank, Respect and Compromise”.
To drive a strong ownership and commitment culture, Lenovo implements a pay-for-performance approach at all levels of their professional workforce including annual and goal setting review, group calibration, individual rating, fair assessment and pay decisions tied to team performance and individual contribution. Lenovo’s talent acquisition and management and succession planning are evaluated and decided during the annual Organizational and Human Resource Planning process, which also defines talent gaps and hiring strategies. This process ensures the proper structure and that talent is always in place to execute the business strategies. Lenovo defines as a high priority the series of new-comer trainings and continuous development plans to drive employee engagement and
Fraser Foods Case Study Assignment
1475 Words | 6 PagesContents Terms of Reference 2 Procedure 2 Findings 3 Current Structure 3 New Structure 4 Employee Relationships 4 Instructing Staff 5 Contingency Variables 5 Conclusion 6 Recommendations 6 References 7 Appendix A 8 Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class.
Fraser Foods Case Study
888 Words | 4 PagesTerms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class. Unit F84T 34 Procedure In order to construct this report, I read the case study and highlighted information that I thought was relevant to this report.
Premier Inn Swot Analysis
1718 Words | 7 PagesHighly qualified employees + + + + Sustainable competitive
Xiaomi's Theory Of Disruptive Innovation
964 Words | 4 PagesIt´s important to remember that disruption is positive for the mass-market and are innovations that make products and services more accessible and affordable, thereby making them available to a much larger population. When we look at the full extent of Xiaomi´s business model, we can clearly see how different and how disruptive it is. How does Xiaomi keep their prices at least 60% lower than their competitors? While Apple need to come up with a new model to maintain their high profits, Xiaomi have found a clever way to reach these profits without overserve the market with smartphones. For Xiaomi to sell high-end smartphones at such cost, Xiaomi keeps their models
Lenovo Case Study Summary
793 Words | 4 PagesTherefore, if Lenovo is able to prevent high turnover in IBM’s employee after the acquisition, it will be helpful to Lenovo in stabilizing the market as well as smoothing its operation in the first stage after merger. In order to avert this problem, Lenovo had designed several strategies before the acquisition being completed. Firstly, before the acquisition, Lenovo conducted an internal survey within the organization as well as IBM’s PC department to find out the staff’s opinions toward the M&A. According to the result which Lenovo gathered from both teams, it shows that both teams have display similar thoughts towards the integration. The staffs from Lenovo were really positive about the M&A as they believed that the integration would advance the company to an international level.
Chern's Staffing Strategy Case Study
1144 Words | 5 PagesTo assist with the consultation process, we will develop a formal talent philosophy, Human Resources strategy, and a specific staffing strategy. Chern’s talent philosophy describes how employees should be treated and the expectations employees will be held to. Your talent philosophy is that employees are expected to provide top level knowledge and customer service, while attaining sales quotas. Failure to meet quota for four consecutive months will lead to a warning and an additional month of not meeting quota will result in termination. To encourage leadership behavior, employees are encouraged to meet quotas independently as a reflection of employee and departmental freedom.
The SAS Institute Case Study: Organizational Citizenship Behaviors
826 Words | 4 PagesOn completion of the case study about the SAS Institute, I stormed across these four factors; Job performances, organizational citizenship, Absenteeism, Turnover. According to the case study, these four factors have proven to have the strongest influences over work behaviors. Furthermore, the approaches the leadership of the SAS institute takes towards them, I believe, have been the essence of their success. Their approach is unique and is likely not what employees are a to in the contemporary firms and different places of work, it is, ‘’the value they have towards people’’
Gung Ho Analysis
1565 Words | 7 PagesINTRODUCTION Through the story of coming of a Japanese car making firm Assan Motors to the American town of Hadleyville, Ron Howard’s movie Gung Ho beautifully portrays how businesses are affected when people from different cultures come together to work as a team. Hunt Stevenson, played by Keaston, entices Assan Motors to Hadleyville where he is offered the position of ‘employee liaison in the joint venture. But soon, internal conflicts begin as both the Japanese and the Americans had very different styles of operation, which were mainly due to the differences in their cultural values. HOFSTEDE DIMENSIONS OF NATIONAL CULTURE
The Importance Of Organizational Strategy
995 Words | 4 Pages“An organizational strategy is the sum of the actions a company intends to take to achieve long-term goals (Johnson, 2016)”. Organizational strategy is derived from a company 's mission, which tells why an organisation is in business. There are three important aspects of organizational strategy such as resources, scope and the company’s core competency (Johnson, 2016). As Johnson (2016) postulated that top management produces the larger organizational strategy, while middle and lower management adopt goals and plans to satisfy the overall strategy. Germano (2010) states that leadership has a significant impact upon organisation and its success, whereby leaders determine values, culture and employee motivation.
Value Chain Analysis Of IBM
1674 Words | 7 PagesInternational Business Machines (IBM)- 1) Introduction IBM (International business machines) corporation is one of the biggest multinational computer technologies and IT consulting company spread over 170 countries with 330,000 employees. It has its headquarters in Armonk, New York, United States. IBM started its business on June 16, 1911. It is the manufacturer of computer parts for hardware and software and, consulting services and hosting services. And also offers services in infrastructure.
IBM Case Study: IBM At The Crossroads
875 Words | 4 PagesThe case chosen is IBM at the Crossroads, published by McGraw Hill Education. 3 key Issues and Recommendations A rather mind capturing case, talks about the growth story of IBM. The three key issues and future challenges in IBM’s way are: • Slow Reaction to Change: The past trends followed in IBM, show that it lacks responsiveness to change in market trends and revolutions.
Kaizen: The Human Resource Department In Sony Corporation
849 Words | 4 PagesOne essential principle of Kaizen is that there are always continuous improvements to be made and there is never an end to the strive of excellence. Employees are required to work on the improvement implemented and explore different ways to make crucial process more effective and efficient for the company. Similarly, in training and development, Sony believes that the development and vitality of its employees is a main factor that drive Sony’s dynamic growth in the market. Sony recognizes its employees as important management assets and essentially focuses on the growth and development of its employees as a fundamental basis for the growth of their company. Hence, Sony provides various on-job-learning experiences for its employees, providing them with real-life challenging problems that aims to help to enhance its employees’ personal growth.
Internalization Strategy Of Lenovo
1643 Words | 7 Pages1.1 Background of the case The chosen company is Lenovo Group Limited which is a multinational technology company that is headquartered in Beijing, China. Established in 1988, Lenovo is the largest information technology enterprise in China, engaged primarily in the sale and manufacturing of personal computers, mobile telephone handsets, computer servers and printers, in China. It has been the market leader for seven consecutive years, commanding a 27 per cent share of the domestic PC market in 2003. It is also the market leader in the Asia Pacific region (excluding Japan), with a market share of 12.6 per cent in 2003.
Executive Summary: The Reasons Of Employee Retention?
735 Words | 3 PagesEmployees are the most important part for any organization. They are the associate degree and are the integral part of the organization, without the employees the company cannot imagine to grow and cannot additionally be ineffectual to realize something not even a single goal of the organization. Turnovers lead to more turnovers. Herd mentality is what men and women
Toyota Business Level Strategy Analysis
836 Words | 4 PagesThe Business Level of Toyota Toyota Motor Corporation is a Japanese company that is involved in the design, assembly, manufacture and sale of a wide range of motor vehicles such as minivans, passenger cars, commercial vehicles, and assorted accessories and parts (Nkomo, 3). Examples of brands under the Toyota portfolio include, but are not limited to; Lexus, Toyota, Hino and Daihatsu. Toyota was founded in 1937 by Kiichiro Toyoda and has grown to not only be the world’s leading auto manufacturer in the automotive industry, but also the world’s eighth largest company with operations in virtually every corner of the world (Nkomo, 3). This growth has been fueled by two key aspects of Toyota’s business; its ability to lower costs and concise
More about Strategic Management Audit Lenovo
Fraser Foods Case Study Assignment
1475 Words | 6 PagesFraser Foods Case Study
888 Words | 4 PagesPremier Inn Swot Analysis
1718 Words | 7 PagesXiaomi's Theory Of Disruptive Innovation
964 Words | 4 PagesLenovo Case Study Summary
793 Words | 4 PagesChern's Staffing Strategy Case Study
1144 Words | 5 PagesThe SAS Institute Case Study: Organizational Citizenship Behaviors
826 Words | 4 PagesGung Ho Analysis
1565 Words | 7 PagesThe Importance Of Organizational Strategy
995 Words | 4 PagesValue Chain Analysis Of IBM
1674 Words | 7 PagesIBM Case Study: IBM At The Crossroads
875 Words | 4 PagesKaizen: The Human Resource Department In Sony Corporation
849 Words | 4 PagesInternalization Strategy Of Lenovo
1643 Words | 7 PagesExecutive Summary: The Reasons Of Employee Retention?
735 Words | 3 PagesToyota Business Level Strategy Analysis
836 Words | 4 Pages