A Case Study Of Lenovo's Value Creation Financial Management

With the development of the times,the fierce competition market and development of financial management theory provide new requirements of the enterprise financial management model to help enterprises continue to operate,financial management and management objectives from the maximization of shareholder value to maximize the value of enterprises,the value means the customer would like to pay for services or business,that is,the customer can accept the price of goods is the intrinsic value of this commodity,enterprises in order to achieve business value maximization,through innovative services to meet customer needs to enhance customer The value of goods,or can reduce the cost to enhance the value of space to maximize the value of the enterprise to maximize the goal.Therefore,in the conduct of financial management work need to be customer-oriented,concerned about the value creation and in order to create the value of the capital costs invested in the relationship between only when the value created by the enterprise to make up for the investment capital costs,opportunity costs and risk discount Time.Business really created the value.China's financial management theorists deeply study of the relationship between value creation and financial management,a clear financial management to create the specific path of value for the value of creative financial management research pointed out the direction.However,the theoretical research on the value creation financial management is less and needs to continue to study the lack of this.Based on the financial management model of Lenovo Holdings Co.Ltd,this paper analyzes the characteristics of the value creation financial management model.Lenovo creates value through financial budget activities,business activities,investment activities,fundraising activities and risk control activities.It introduces a performance evaluation system that evaluates corporate value and an incentive system that matches performance.The results of Lenovo's value-based financial management Evaluate and promote the enterprise to carry out value creation activities.This paper analyzes the goal of associative value creation financial management,summarizes the successful experience of Lenovo Holdings to create value for the enterprise by integrating the financial activities into the business activities through the concept of definite value creation within the enterprise,and thus put forward the value in the enterprise Creative financial management of the proposal,hoping to build for our enterprises to create value for the purpose of the financial management model to provide a reference.