preview

How Does Project Management Affects Lenovo's Success

Better Essays

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 …show more content…

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

Get Access