James Mawson’s Post

🚀 Q3 at Lenovo was a showcase of what we do best: innovate and collaborate. I'll unpack the details... We've seen YoY revenue growth and an uptick in profitability - a testament to our core business' resilience and transformative strides. Particularly, our Solutions and Services Group is at the forefront, driving an 11th consecutive quarter of double-digit growth. Here's why: 💼 Enterprise IT Services Demand: Our response to this demand has fueled record revenue of almost $2 billion and sustained profitability at 20% margin. 🧠 AI at the Core: With over 165 enterprise AI solutions, over 12,000 AI-trained engineers and 50-plus innovation partners, our AI-driven approach is not just about tech but creating real value for our customers. ♻️ Sustainability as a Priority: Our sustainability services have grown significantly, proving that green solutions are the way of the future. As we navigate forward, these pillars will continue to guide us toward a future where smarter technology meets purpose. https://lnv.gy/3I8VNFD #WeAreLenovo #DigitalTransformation #Q3 #Earnings

We're crafting tomorrow’s tech landscape, while stood by your side. The quest for relevancy in a saturated market is challenging, especially for you, the owner operators, who tirelessly work to carve out your niche. You’re the backbone of innovation, the unsung heroes of the tech world. I hear you when you say, “We need to grow revenue, but how?” My role at Lenovo is to unlock doors to new possibilities. We provide not just technology but a pathway to new markets and clients, ensuring you're not just heard but sought after. Cultural well-being and staff morale are crucial. We mirror your dedication to staff satisfaction, offering partnerships in events and initiatives that reflect shared values and ambitions. It’s about creating an environment where innovation thrives and culture flourishes. And when it comes to margins, we believe in the power of differentiation. By pioneering sectors like Edge and AI, we help you to not just maintain but improve your profitability, ensuring the price of progress is within reach. Objections are stepping stones to deeper understanding. When faced with “Lenovo doesn't fit our model,” I stand ready to showcase how we can, indeed, complement and elevate your current offerings. I want you to know, Lenovo has your back. So, tell me, I'm interested - how does technology fit into your vision for the future? #EdgeComputingEvolution #BusinessTransformationWithTech #LeadingWithLenovo

The future of manufacturing is here — and this is just the beginning! We are excited to announce a new strategic partnership between the Singapore Manufacturing Federation (SMF) and Lenovo to supercharge AI skills in Singapore’s manufacturing and retail sectors! This collaboration was officially unveiled at 𝗦𝗪𝗜𝗧𝗖𝗛 𝟮𝟬𝟮𝟰, where industry leaders gathered to exchange insights on the latest technological innovations and future trends. A special mention to Lenovo's Country General Manager, Nigel Lee, for his invaluable support in making this initiative possible. Together, we are dedicated to driving digital transformation in Singapore's manufacturing sector! In today’s rapidly evolving digital landscape, staying ahead requires not just adaptation but transformation. To achieve this, our partnership is dedicated to delivering hands-on workshops and targeted training programs that upskill employees in AI and data analytics. By optimising manufacturing processes and enhancing customer experiences, this initiative empowers professionals to leverage cutting-edge technology to boost efficiency and drive sustainable growth. This collaboration marks a pivotal step towards shaping a resilient, future-ready workforce capable of thriving in the era of Industry 5.0 and beyond. 🌍 𝗖𝗹𝗶𝗰𝗸 𝗼𝗻 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸 𝗯𝗲𝗹𝗼𝘄 𝘁𝗼 𝗳𝗶𝗻𝗱 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲! Stay tuned for more updates as we unlock new growth opportunities together! #LenovoSMFPartnership #AIUpskilling #SmartManufacturing #FutureSkills #DigitalTransformation #SWITCH2024 #SingaporeTech #Lenovo #SMF #ThingsWeDoSMF

The key to thriving in today’s landscape? Unlocking the power of innovation. 💡 At Lenovo, embedding innovation into our DNA means ensuring that every process, product, policy, and investment encourages creativity but also embraces risk. With a $1.3B investment in R&D last year and a commitment of $1B over the next three years to accelerate artificial intelligence deployment for businesses around the world, Lenovo demonstrates that we are firmly at the helm of tech innovation, actively investing in progress. And to add to that, our "innovation triangle" strategically coordinates efforts across 15 global R&D centers to push the boundaries of technology from core tech to transformative advancements. The Lenovo AI Innovators program exemplifies our drive, ready to launch over 150 solutions that leverage AI and the metaverse to revolutionize business operations. 🌍 The path of innovation comes with its barriers - resistance to change, fear of failure, and the comfort of the familiar are just a few - but at Lenovo, we're tackling these hurdles head-on. By adopting innovation as our leadership philosophy, we're not just building better products; we're crafting a legacy of creativity, resilience, and forward-thinking. #WeAreLenovo #Leadership #Innovation

Personal computer giant Lenovo shareholders have approved the plan to issue a $2 billion 3-year zero-coupon convertible bonds to Saudi Arabia sovereign wealth Public Investment Fund (PIF) subsidiary Alat (Industrial Company for Electronics), with the bond convertible to 1.5 million Lenovo shares equivalent to 10.8% of Lenovo equity at HKD 10.42 per share (Price represents 11.8% discount to Lenovo closing price on 28th May 2024).  Read - https://lnkd.in/gXpX2Ne3 follow Caproasia | Driving the future of Asia Personal computer giant Lenovo shareholders have approved the plan to issue a $2 billion 3-year zero-coupon convertible bonds to Saudi Arabia sovereign wealth Public Investment Fund (PIF) subsidiary Alat (Industrial Company for Electronics), with the bond convertible to 1.5 million Lenovo shares equivalent to 10.8% of Lenovo equity at HKD 10.42 per share (Price represents 11.8% discount to Lenovo closing price on 28th May 2024).  In 2024 May, Lenovo had announced the plan to issue the $2 billion 3-year zero-coupon convertible bonds to Saudi Arabia sovereign wealth Public Investment Fund (PIF) subsidiary Alat (Industrial Company for Electronics).  In 2023 December, China billionaire & Lenovo Chairman & CEO Yuanqing Yang donated $28 million (CNY 200 million) to the University of Science & Technology of China to drive scientific research innovation and nurture young talent.  Lenovo: “Lenovo Chairman and CEO Yuanqing Yang announced that he will make a personal donation of RMB 200 million (approx. US$28 million) to the University of Science and Technology of China (USTC), Yang’s alma mater university, to drive scientific research innovation and nurture young talent.  The donation is in recognition of the university’s 65th anniversary. Yang’s donation will be used to support the construction of a new teaching building for young talent focusing on scientific research and innovation. Located at the East Campus of USTC in Hefei, China, the new building will break ground in early 2024 and is due to be completed in 2028 in time for USTC’s 70th anniversary.  In his speech at the ceremony yesterday, Yang said that he hopes that with this new facility at USTC, the young talent who will study in this building, once construction has been completed, will achieve excellent results in the first-class learning and scientific research environment. He also hopes that they can aim high and devote themselves to scientific research, contributing to drive scientific development … … No matter what routes students decide to follow post-graduation; Yang hopes that they can also remember their years of study spent at the university.”  

Personal computer giant Lenovo shareholders have approved the plan to issue a $2 billion 3-year zero-coupon convertible bonds to Saudi Arabia sovereign wealth Public Investment Fund (PIF) subsidiary Alat (Industrial Company for Electronics), with the bond convertible to 1.5 million Lenovo shares equivalent to 10.8% of Lenovo equity at HKD 10.42 per share (Price represents 11.8% discount to Lenovo closing price on 28th May 2024).  Read - https://lnkd.in/gdzGcfYn follow Caproasia | Driving the future of Asia Personal computer giant Lenovo shareholders have approved the plan to issue a $2 billion 3-year zero-coupon convertible bonds to Saudi Arabia sovereign wealth Public Investment Fund (PIF) subsidiary Alat (Industrial Company for Electronics), with the bond convertible to 1.5 million Lenovo shares equivalent to 10.8% of Lenovo equity at HKD 10.42 per share (Price represents 11.8% discount to Lenovo closing price on 28th May 2024).  In 2024 May, Lenovo had announced the plan to issue the $2 billion 3-year zero-coupon convertible bonds to Saudi Arabia sovereign wealth Public Investment Fund (PIF) subsidiary Alat (Industrial Company for Electronics).  In 2023 December, China billionaire & Lenovo Chairman & CEO Yuanqing Yang donated $28 million (CNY 200 million) to the University of Science & Technology of China to drive scientific research innovation and nurture young talent.  Lenovo: “Lenovo Chairman and CEO Yuanqing Yang announced that he will make a personal donation of RMB 200 million (approx. US$28 million) to the University of Science and Technology of China (USTC), Yang’s alma mater university, to drive scientific research innovation and nurture young talent.  The donation is in recognition of the university’s 65th anniversary. Yang’s donation will be used to support the construction of a new teaching building for young talent focusing on scientific research and innovation. Located at the East Campus of USTC in Hefei, China, the new building will break ground in early 2024 and is due to be completed in 2028 in time for USTC’s 70th anniversary.  In his speech at the ceremony yesterday, Yang said that he hopes that with this new facility at USTC, the young talent who will study in this building, once construction has been completed, will achieve excellent results in the first-class learning and scientific research environment. He also hopes that they can aim high and devote themselves to scientific research, contributing to drive scientific development … … No matter what routes students decide to follow post-graduation; Yang hopes that they can also remember their years of study spent at the university.”  

Speculation is rising about a management overhaul at Samsung Electronics, particularly within its Device Solutions (DS) division responsible for chip operations. This comes after a disappointing earnings forecast for Q3, raising concerns about Samsung's position as a leading chipmaker. A personnel reshuffle is planned for next month, earlier than the usual December timeline, with significant senior executive changes anticipated, including potential reductions within the DS division. The planned changes aim to combat underperformance by streamlining operations and enhancing competitiveness in memory chips, along with fostering better collaboration between research and manufacturing teams. Vice Chairman Jun Young-hyun, who oversees the DS division, recently apologized for a bleak earnings forecast and stressed the need to regain technological competitiveness, especially in high-bandwidth memory (HBM) for AI processors, where competitors like SK Hynix are advancing. Analysts note that Samsung's Q3 results fell short of even lowered market expectations, raising skepticism about its HBM development promises. Jun, who recently assumed control of the chip business, is restructuring the DS division to boost collaboration and productivity. As attention shifts to Executive Chairman Lee Jae-yong, he has remained tight-lipped about potential business changes following his recent trip abroad, leaving interest in his direction for the company as he nears the second anniversary of his leadership. #Semiconductors #SouthKorea https://lnkd.in/gr7UEkgU

Logitech International S.A. is experiencing an exciting phase of growth, driven by innovation and an adaptive business model. Known for its advanced computer peripherals, Logitech has positioned itself strategically in the market, achieving impressive stock performance in the current fiscal landscape. Founded in 1981, Logitech has led the personal peripherals sector, offering a range of products from keyboards and mice to webcams and audio devices. The company has effectively diversified its offerings, particularly in the realms of video collaboration and gaming, which have seen increased demand due to the rise of remote work environments. For the fiscal year 2023, Logitech reported a remarkable revenue of $5.48 billion, reflecting its agility in responding to changing market dynamics. The surge in the need for remote work solutions and gaming equipment has contributed significantly to this growth, alongside a gross margin stability of approximately 40%. Additionally, the company's net income reached around $0.5 billion, highlighting solid profitability despite market challenges. As of October 2024, Logitech's stock price is trading around $80 per share, and the company is committed to rewarding its shareholders, offering a dividend of $0.96 per share. This underscores Logitech's strategy of balancing shareholder value with ongoing investments in growth initiatives. The rising popularity of video collaboration and robust gaming trends offer Logitech substantial market opportunities. The company has been proactive in forging partnerships to enhance its product offerings, aligning with the growing demand in these sectors. While the competitive landscape includes major players like Microsoft and Razer, Logitech's commitment to sustainability and innovation strengthens its market position. Although challenges such as supply chain disruptions and currency fluctuations remain, Logitech is adeptly navigating these issues through strategic planning. The future appears bright for Logitech, with its focus on innovation and consumer alignment paving the way for continued success. We invite you to share your insights on Logitech's growth and market strategies. What trends do you think will influence their future developments?

Here's the final chapter of our 4-part series / case study of the challenges of pursuing new business innovation within mature organizations. Last weeks covered many examples of what can go wrong. This week's post covers who to deal with those challenges. If your organization is facing similar challenges, contact BRI Associates (BRI, LLC) for help.