Odd Lots · Saturday, June 27, 2026
Lenovo's CFO, Winston Chang, outlined the company's 'AI decade' strategy, balancing investment in innovation with operational efficiency. He noted that while some areas, like R&D and potentially automating back-office functions, warrant significant investment, other areas like finance might require tighter controls and behavioral changes to manage AI spend effectively.
“So we really want to spend dollar on innovation now. As you say, then there's another pocket. Should the likes of even within finance, be able to have an unlimited budget on AI, I think you could probably be sent more sensible in that and say, well, specifically within certain analysis and FP and A or accounting, what was it that you actually used to spend?”
“So I think from that perspective, we really want to spend dollar on innovation now.”
“So in my function, there's so many areas planning, tax, FP and a accounting, treasury M and A right you name it, corporate finance. So within all of these areas, where are we going to optimize be more efficient productive?”