Possible national sources of militant advantage Lenovo might draw from its Chinese base:
-People are a core driver of association and innovation in technology-driven businesses like PCs and IT Services. Lenovo motivates people using a non-traditional Chinese reward system, including stock options to increase performance and curve management turnover. This helps them attract highly talented professionals in the competitive technology environment all over the world. All blank collar employees who have been in the company for more than cardinal years receive stock options and, says The management, when they reach upper management, they rise a lot more. In addition, every employee gets extensive train through Lenovo University. A combination of opportunities for continuous learning and harvest-tide along with motivational tools helps Lenovo utilize their key assets (human) effectively. As a people-oriented enterprise, it has created a unique competitive advantage. The management believes that providing staff with an clarified living and working environment helps their creativity. He believes that the perpetual relocation that drives Lenovos success is its invaluable human resources.
-The acquisition by Lenovo of IBMs PC division for US$1.75 billion, announced in December 2004, allows it to use the IBM brand for five years and gives it guard of the Think trademark of IBMs popular ThinkPad laptop computers. The deal not save provides Lenovo with IBMs brand, it also enables it to acquire IBMs laptop production lines, product developers, and distribution networks. The President of Lenovo clearly say that this move was intended to make it possible for his company to scrap Dell and HP in global markets. He is quoted as saying that we are not satisfied to be only number three.
-Firms may gain a competitive advantage in...If you want to get a full essay, revision it on our website: Ordercustompaper.com
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