PROJECT MANAGEMENT IMPROVES LENOVO’S STRATEGY EXECUTION AND CORE COMPETITIVENESS
I. Background
In recent years, the personal computer (PC) industry has been developing by leaps and bounds. Global sales of PCs totaled 230 million units in 2006, representing a 9 percent increase over the previous year. Lenovo has a product line that includes everything from servers and storage devices to printers, printer supplies, projectors, digital products, computing accessories, computing services and mobile handsets, all in addition to its primary PC business, which made up 96 percent of the company’s turnover as of the second quarter of 2007.
Since its acquisition of IBM’s Personal Computing Division in May 2005, Lenovo has been accelerating
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Otherwise it’s hard to execute.
3. Lenovo also earmarked money for strategic implementation. Previously, completed strategic plans were not financially supported. But with the strategic shift, the leadership set aside additional money to execute projects outside of the original budget and to provide bonuses for those involved—paving the way for the successful execution of strategic plans.
Valuing project management professionals
1. Lenovo sent its top talent in project management to take the PMP® certification exam and apply project management standards. PMP® certification is developed and managed by Project Management Institute (PMI) which is the largest professional project management institute in the world. The PMP certification is the most authoritative and influential of its kind and is the only certification genuinely recognized and accepted globally within the project management discipline. PMP® certification conforms to A Guide to the Project Management Body of Knowledge (PMBOK® Guide), the standards issued by PMI. The PMBOK® Guide is also recognized and accepted internationally by premier authorities in standards. After Lenovo’s acquisition deal with IBM’s PC business, Lenovo project managers needed a shared
Computer technology is constantly advancing over software and hardware that is available at any one given time. These constant changes affect how long computer products can sell for a premium price but also can make it cheaper for those consumers that are not interested in the newest and latest components. Personal computers (PC), also known as desktop computers, are common place in jobs, schools and homes. The demand for personal computers is constant and revolving since components of computers gets better and more powerful with time. The target market then becomes anyone that uses a personal computer for home or work. HP uses the fact that computers are a common item in any office or home to their advantage and offers not only PC’s but other accessories pertaining to computers as well. While HP currently excels at providing a product for a decent price they are missing out on consumers that Equalus will focus
Lenovo has a Transition service that saves its customers valuable time and resources, its hardware refreshes, and purchase through deployment to aged asset recovery. According to research, Lenovo’s PC management tools help users reduce costs that capture 80% of a PCs full lifecycle beyond the hardware price. Its ThinkVantage technologies reduce machine downtime and provide data security and their PC lifecycle analysis helps reduce the running and ownership costs. Lenovo helps customers manage the complete PC lifecycle and maximize the productivity and usefulness of devices;
The majority of project management positions require a bachelor’s degree in a business management related field, as well as a professional certification and management experience. Many project manager professionals elect to obtain a master’s degree or advanced postgraduate certification in project management, analytics, or business management. The Project Management Professional (PMP) Certification is the most recognized certificate for project managers. According to the Project Management Institute, “As a PMP, you can work in virtually any industry, with any methodology and in any location, and earn on average 20% more than without a PMP.” (pmi.org) Education is highly valued in project management; however, important skills such as, good communication and the ability to execute are developed with experience.
More employers are looking at project management certification as important, and it is becoming more necessary for a project manager. Project Management Institute's (PMI) Project Management Professional (PMP) credential is the preferred certification that most employers are regarding as “highly desirable” for a new project manager. One reason employers are increasing weight on project management credentials is demand. More and more clients are requesting a project manager be certified in order to take on their project. “The marketplace in the U.S. is demanding the PMP or other project management certification," he says. "Going back five or six years, IBM has seen requests for proposals where the clients are demanding certified project managers
The future of project management will require a shift from a low indecision, low vagueness approach to a high attentiveness, high decisiveness approach where change is the standard and decisions have to be made quickly and decisively. Projects are becoming global with scattered multi-cultural teams being the standard. Earning a PMI certification demonstrates an understanding of complex project management concepts, an ability to lead and manage multi-functional teams and enters you in a global community of professionals and experts.
Project management institute is a non-profit world-wide organization. It outlines the industry standardization, education, membership, research and certification. They advances the careers, matures the project management profession, and expands the organizational success through standards, resources, academic research, professional development courses. They offer free downloads of tools, templates, e-learning courses and offer free training sometimes. It offers the services like standard development, publications, hosting conferences and finally offers accreditations in the Project management. To attain the PMI credential, the member need to document first about their education and experience as it’s a requirement. PMI’s advocacy for project management is by its services. These certifications provide the competency and knowledge with a PMP certification. The income and career opportunities for credential holders denote that employer identify the value delivered by practitioner. The Project management institute research program which is expensive but advances in the science, profession of project management.
Project Management Professional(PMP) certification is administered by Project Management Institute(PMI), a Global authority in Project and Program Management. The PMI has put together some prerequisite qualifications and requirements to apply for the PMP certification examination. This article goes through them and provides a step by step guidance to get your PMP certification.
PMI’s Project Management Professional (PMP) credential is the most important industry-recognized certification for project managers. Globally recognized and demanded, the PMP® demonstrates that you have the experience, education and competency to lead and direct projects.
Over the past few years, project managers and project management has grown tremendous growth. Project management has evolved over the past several years from an activity in an organization to a discipline in its own right. Many professional bodies exist today to represent project management as a discipline, some of which include, PMI and PM Bok.
“Project+ certification is considered to be a quality certification for project managers who have yet to meet the requirements of the PMP certification. This certification would exhibit to potential employers that you have the basic project management knowledge which you can use as a stepping stone for your next project management oriented certification.” (Myitstudy)
“Distribution is the name of the game,” Lenox CEO and president James Bennett told the insurance company’s newly hired chief information officer, Diana Sullivan, three years ago. Sullivan recalled the details of that first extended conversation with Bennett as though it were yesterday. “We depend
Globally recognized and respected certification: The PMP certification is globally recognized and respected certification provided by PMI, the leading association of Project Management
As a non-profit organization PMI has focused on all areas of standard project management methodology and process, regardless of industry. The Project Management Body of Knowledge (PMBOK) was generally accepted knowledge, standard terminology, guideline, and practices are from various industries project management knowledge. These standards is applicable to most projects and programs. I particularly believe this standards are well suited for any IT organizations.
To develop project managers in managing projects many technical (engineering) companies have developed ad-hoc instruction to mitigate project failures; however business centric companies are having difficulties deploying instruction (Kwak, & Anbari, 2009). Other companies, including certain branches of the government, now require project managers to become certified through the Project Management Institute (PMI) by obtaining the Project Management Professional (PMP) credential.
Lenovo Group Limited (SEHK: 0992) is a Chinese multinational computer hardware and electronics company with its operational headquarters in Morrisville, North Carolina, United States and its registered office in Hong Kong. Its products include personal computers, tablet computers, mobile phones, workstations, servers,