Liu's Award: A reflection on cross-border mergers and acquisitions after five years

&http://www.aliyun.com/zixun/aggregation/37954.html ">nbsp; France time November 4 Lenovo Group chairman Liu, in Lyon, France, attended by the French Lyon Business School and KPMG jointly organized the "World Entrepreneur Forum", and captured the forum issued by the "World Entrepreneur" award, the organizing committee gave the reasons for the award: " They were impressed by Lenovo's progress over the past more than 20 years. Under Mr Liu's leadership, the Chinese-based company became an international company, a process that demonstrated Mr Liu's entrepreneurial skills, leadership qualities, and global vision. More importantly, Lenovo is an excellent representative of "Chinese companies" that are emerging globally. "One of the most fundamental should be Lenovo's acquisition of IBM PC business more successful internationalization."

Lenovo has won an award for the IBM PC business, and it is the first time that a European and American mainstream media awards should be presented, suggesting that overseas, especially Europe and the United States, for Lenovo's five-year-old snake-swallow image of 10246.html "> acquisition of IBM PC business recognition, but also to show Lenovo in the However, the award should be issued by the mainland authorities, the wall outside the flowering wall fragrance is not normal, the typical dark phenomenon of light.

A company rooted in Chinese mainland employees with few returnees has been able to acquire globally renowned IBM PC business, at the outset, Lenovo's decision is definitely not a simple one, according to Liu's general statement is to do a detailed investigation, argumentation, and even the worst situation and countermeasures to design good, this is Lenovo acquisition of IBM PC business after five years of breakthrough, but also other mainland enterprises should be learning, Lenovo is the mainland companies, especially IT companies in the first contact with world-class consulting companies, even if the local companies in accordance with international standards operating procedures, reflecting the courage of Liu and Yang, It reflects Lenovo's deep grasp of the law of enterprise management and the characteristics of the industry.

Almost all bosses know that mergers and acquisitions are the international and fast-growing boosters of local Chinese companies, but not every company knows how to implement mergers and acquisitions, and how to evade the risk of mergers and acquisitions, after all, even in Europe and the United States, the probability of success is less than One-tenth, mainland enterprises, although not bad money, Compared with the European and American enterprises, the risk of mergers and acquisitions is still very large, one-tenth of the success probability of implementation is not guaranteed to buy 10 will be successful one, the money on hand only enough to buy 2, 3 more so, so it seems that Lenovo's experience is very precious, It is suggested that Liu and Lenovo can share the experience of mergers and acquisitions with industry peers while starting the star.

To dig a hole for himself, to lead the staff to jump together, Liu is so confident, in addition to the preparation is also because Liu to Yang and Lenovo's learning and innovation ability has enough confidence, 2008 Lenovo jumped to the bottom of the pit, has lost 226 million of dollars, some think Lenovo is on the brink of danger, Liu Total Mountain and experienced 4 years of international training CEO Yang again together, rapid development of a new global strategy and set up a strong international leadership team, in a short period of two months after the rapid turnaround, in the 2009 fiscal year profit of 161 million U.S. dollars, after the rain, see the Rainbow, now it seems Liu always to Lenovo Self-confidence is enough to grasp, their own roots are only the clearest.

"Efforts to provide China with more employment opportunities for the world," Liu's overall acceptance of the acceptance of a Chinese multinational to understand the bosom, the brand to do overseas, not only selling Chinese products, but also to provide more employment opportunities for others, of course, to earn more money, China needs excellent enterprises, excellent entrepreneurs, Lenovo let the US and Europe know that China is not only a global manufacturing base, but also a respectable enterprise and entrepreneur.

Finally, congratulations to Liu, congratulations Yuanqing, congratulations Lenovo, also wish Lenovo to go better.