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published in(发表于) 2014/8/24 8:17:55
Lenovo’s Yang: the Internet is not a panacea,

Lenovo's Yang: the Internet is not a panacea-Yang yuanqing, Lenovo, the Internet, and honesty-IT information
Lenovo's Yang: the Internet is not a panacea

2014 summer Summit today in yabuli, China entrepreneurs Forum held in Zhengzhou, Henan province. Chairman and CEO Yang yuanqing of Lenovo direct Subversion on the Internet thinking in the speech, and some antitrust investigation said Government departments were favourable to the establishment of a fair and impartial market environment.

The Internet isn't everything

In his speech, he shared two points, one is views on Internet, the other is a view of enterprise credit management in the Internet age.

Current clamor about the Internet to subvert the traditional industry argument, Yang yuanqing, with all due respect, is not a substitute for all the Internet, it cannot replace the product innovation, not a substitute for technology research and development, not a substitute for manufacturing, and is not a replacement for supply chain management. Internet does not, it is impossible to subvert the fundamental value of traditional industries, and core values.

Mr Yang said industrial revolution the Internet is pushing the first two steam engines and electricity, and can be used in many sectors, is a tool for liberating the productive forces. We can use it to improve its business model, promoting efficiency gains. Therefore, companies in traditional industries need not fear or resist about Internet psychology.

Yang also pointed out that some companies want to use the Internet to quickly achieved commercial success, even other links are outsourced, mainly placed on marketing, hoping to get quick success and money to capital markets. "This business model will prove ultimately will not work. ”

He said, "we should open our arms to embrace the Internet, and not deify it. The Internet has not changed the nature of most commercial, won't replace most traditional industries, because it could not replace their core values, it is the traditional industry to improve business processes, enhance the efficiency of the tools. Through the din of the Internet, we should see the core business is still good products and good customer service. ”

Integrity issues will be more important

In his speech, Yang also gave its views on corporate integrity issues. He believes that with the development of the Internet, some businesses and individuals use the Internet to obtain information easily, the characteristics of speed, to challenge violations of market rules, moral way, and achieve the goal of chasing fame, quick money.

Face this challenge of social credit problems, Yang suggested that Government departments should improve the legal system and regulations, would oversee the work done in place. He believes that recent massive government antitrust investigation will help to constrain transnational companies honest, law-abiding operators in the country.

He believes that acts of dishonest competition will lead to unfair competition, especially for the down-to-earth practical business, focusing on product quality for businesses, but also unfair .

He called on enterprises should be strictly disciplined, managing the brand with integrity and good customer service. While the Government should step up legislation to strengthen supervision, the establishment of fair and impartial market environment, without leaving a vacuum, make bad faith behavior did not exploit.

Here are Yang in summer 2014 yabuli Forum Summit's opening speech

Dear Governors, Chairman LAU TSE, new friends, good morning!

Today, I would like to share two things, one is my view of the Internet, the second is a view of enterprise credit management in the Internet age. These two points are ready, are growth power, done well, is a drag.

Recently, the concept of the Internet was fired is very popular, as if the Internet has everything, starting from the Internet can build all the traditional industries, can subvert the traditional enterprises. Chat with some entrepreneur friends a few days ago, everyone thought the Internet concepts have been grossly exaggerated, that have two extreme attitudes in our society. One is fear, think the traditional industries will be the Internet Subversion, I fear I can't keep up with the changing times, could only watch the living space is squeezed, perplexed. Other rash, characterized by superstition to the Internet, arguing that the Internet cures, only Internet companies can succeed, so impatient, think through the Internet overnight, quick financing, neglecting the healthy and balanced development of enterprise of value chain, demand for construction of core values.

Undeniably, the Internet has led to all aspects of business transformation. Development personnel can directly and customer interactive, thus let products more close to user needs, software products of Diego generation speed also than past any when are more fast; marketing way Shang, different Yu past of hard advertising promotion, using social media and interactive marketing, enterprise can put promotion more precision to do needs of by all in the to; sales channel Shang, online mode does to user with to has more of convenient, also for manufacturers reduced has channel of cost; service Shang, has has line Shang Advisory, and Forum Shang user Zhijian of interactive, diverse of way, Home service needs is greatly reduced. The impact of the Internet on certain industries or even revolutionary, such as media industry, the gaming industry, part of the electronics industry and so on.

It is clear that the Internet is not a substitute for all, it cannot replace the product innovation, not a substitute for technology research and development, not a substitute for manufacturing, and is not a replacement for supply chain management. Internet does not, it is impossible to subvert the fundamental value of traditional industries, the core values, it is promoting the first two industrial revolutions of steam engines and electricity, can be used in many sectors, is a tool for liberating the productive forces. We can use it to improve its business model, promoting efficiency gains.

Therefore, companies in traditional industries need not fear or resist about Internet psychology. Internet financial to user brings has more convenient of investment financial means, but it does not can change traditional financial of core value--risk management; taxi software can to passengers and taxi driver brings convenient, but it does not can replaced drive of driver, also replaced can't ride of passengers, it nature of purposes, is to obtained future electronic paid of user and they of bank card account; smart phone manufacturers can through phone to user recommended application, expand profit space, But this does not replace the value of research and development and manufacturing of mobile phones.

Of course there will always be some wanted to go "shortcut" who hopes to use the Internet quickly achieved business success. Some Internet companies trying to put other parts of the value chain are outsourced, they focused mainly on marketing, hoping to get quick success, money to capital markets, they do not ponder how to build up enterprise's strength, how to do research and development, product quality control, managing supply chains, improve after-sales services, this business model is ultimately unworkable. They either let the user always starving, or problems of product quality and after-sales service, and consumer complaints. They forgot the short plate theory of success, this is not a sustainable model.

So we should open our arms to embrace the Internet, and not deify it. The Internet has not changed the nature of most commercial, won't replace most traditional industries, because it could not replace their core values, it is the traditional industry to improve business processes, enhance the efficiency of the tools. Through the din of the Internet, we should see the core business is still good products and good customer service.

I think we all should learn from a business, that is, Huawei. They actively transforming business models via the Internet, on the other hand insist on advocating "sweeping monks" spirit, focused on building our core competence. Not only will traditional businesses such as not been overturned, but will be more powerful.

With the Internet booming, integrity has become more prominent than ever, but also more important.

Some businesses and individuals use the Internet to obtain information easily, the characteristics of speed, to challenge violations of market rules, moral way to achieve their aim of chasing fame, quick money. Many Internet applications are trying to get the user greater authority to access your contacts, call logs, SMS, location and other information, some companies get this information changed hands scalping, allows users to suffer. Like most of those probably would receive various forms of harassing phone calls, text messages, there is the case of fraud, being sucked is often constant. Some enterprises in order to get traffic, blind to unhealthy or illegal content. Some firms misrepresented the number of users, well to the capital market to the money. Even some individuals to be famous, whether positive or negative news, and got online to get some fries. Guo was in their way on the Chinese market, even after the fraud was exposed, but appears to haunt us thinking, what happened to our society? Where our integrity gone? Here a lot of regulations because our legal system is not perfect, regulation is not in place.

Recently, the Chinese Government launched an extensive antitrust action, fined a lot of money of big business. In other countries, some people think this is specifically designed for international companies. Recently when I was in an interview with the Wall Street Journal, was asked the question. But my answer is: we do not do much, doing too much, but in the past we did far too little, and that everyone will think we do not have the requirement, there should be no supervision in this area. Both multinational and domestic enterprises, all thought they used to practice is no problem, and can continue to work. In fact, is exactly what laws are not in place, regulation of the market are not effective, multinational companies, who are law-abiding, good reputation abroad, into the Chinese market, not only did not, honest business that fair competition in the market of good things coming, instead of relying on a monopoly, by private agreement, negotiate prices and reaping huge profits. What's more, there's fraud, supermarket deliberately misplaced the production date, factory sold expired rancid meat restaurant in heavily regulated developed countries these things, it is nearly impossible to imagine.

Opposite case, too, some of our businesses, like a fish in water in the domestic life survives, but abroad, operating according to their customary practices in China, soon uncovers, checked around, frustrated, like data fraud, violations of user privacy issues, it's hard to have hideouts.

Dishonest behavior will inevitably bring about unfair competition, imagine, using false figures manufacturer of easy money from investors, who cares about the product earns no money, business and health are not healthy? For those practical business, focusing on product quality for companies, of course, is unfair. And unfair competition have a negative impact on economic development. More damaging was that integrity would not be a great negative equity of Chinese enterprises to go global, causing us to greatly increase the cost of competition in the international market.

Therefore, here, I would like to appeal to--

We do business, we must strictly discipline, honesty a good brand, good customer service. Momentary fame is not really a success, enterprises should pursue long-term healthy development is the goal.

I would like to call on the Government to strengthen legislation, strengthen the supervision, the establishment of fair and impartial market environment, without leaving a vacuum, make bad faith behavior did not exploit.

Purification of blundering gas on the market, breeds more internationally competitive and sustainable development of excellent enterprise, this will be the impetus of sustainable economic development.

This is what I most want to talk to the topic. Thank you all!




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