Maslows Hierarchy of Needs. Alibaba employees are motivated through good salary packages and involvement in decision-making. Belief in an employee is appropriate if they are capable. Introduction Alibaba Group is the world's outstanding business-to-business e-commerce service company, which provides an efficient online trading platform for buyers and suppliers all over the world. Hua, T. (2012). 8% of Alibabas Gold Suppliers signed up during 2009 and 2010 respectively, which has impacted on the company value and produced a shock to mass beliefs (Economist, 2012). 4. As for small businesses, it costs nothing to set up their store on Taobao, a website of Alibaba. A third characteristic of the corporate culture is a sense of . In 2003, eBay tried to take over the online retail market in China. Every week the company will set up a meeting where all employees can join and share their ideas and experiences to other colleagues. Employees are the most important asset of an organization and organization has the responsibility to keep happy, motivated and satisfied so that their interest does not diminish in work. COO Daniel Zhang, whose nickname is Xiao Yao Zi, or free and unfettered man, goes by Old Xiao. Mas nickname is Feng Qing Yang, or The Wind Blows Brisk And Light, although it does not appear to be in frequent use. Besides, the recommendations have not taken everything into consideration. com (1999). Outline of People Management Issues This issue related to the credibility ofAlibaba is directly due to the internal defects in management, the lack of inside supervision and few controls of the internal culture. Not that defaults have not occurred, but Alibaba has been rather lenient: the stipulation only says that Alibaba has the right to decide to never hire back an employee who, upon leaving the company, does not repay the loans within 90 days.. Meanwhile, the firm should adjust its organizational structure that supports employees in every level to be able to talk or share opinions without feeling unsecure. But things changed over the years. A red sweater casually dangled over Mas shoulder, as he took the hands of two young children to grace the red carpet, and raised a glass of Chinese liquor to the love birds. One main reason is that performance is an ongoing process (Workforce News, 2016). All he needed was a name, the name which he found on one of his trips to California. Collectively, an effective team treats its members the same. A third characteristic of the corporate culture is a sense of family unity. Everyone he asked, knew about the story of Ali Baba and the Forty Thieves. hXr:~ 0+ya M8P1$vn3V]i%}j])8L It is an internet company with a higher market value in this period, founded by Jack Ma. Consequently, motivation and morale have improved the team working culture. Malaysia Xiamen University Malaysia Section 1 Globalized Economy: Challenges and Prospects, 200. com/2011/02/22/business/global/22alibaba. There are six core values guide Alibaba Group's operations and operate its culture, which including customer first, teamwork, embrace change, integrity passion and commitment (News, 1999). html [Accessed: 05 Nov 2012]. (2020). The values of Alibaba put the customer in the first position. Every person is capable and has the desire to move up the hierarchy toward a level of self-actualization. Required fields are marked *. Journal of Management, 30 (6), p. 933-958. Samsung doesnt reward their employees at all, instead they manipulate employees mind with the awareness of economic environment. International Distribution Policy Comparative Analysis between Samsung and Apple. harpercollins. Type your requirements and I'll connect Consequently, the application of a relevant approach enables organizations to realize their respective goals and objectives. We store cookies data for a seamless user experience. In addition to competitive salaries, we offer a number of benefits as well as incentives aimed at recognising and rewarding high performance. A young high-tech company, Tattoo, has grown rapidly during the last few years and it is very clear that the CEO, Paul, has kept the entrepreneurial spirit of the company.. Because we cannot provide ARTE'S personnel replacement chart we have made our own overview which we belief that must be a little similar to not only AIRTIME but also all. (2013). How Alibaba motivates employees? According to Sanyal and Hisam 2018, most organizational teams fail to be united because there are no predefined aims. Motivation Achievement Theory can help you to stimulate your employees with encouragement. References Mason, K. (2012). Comparison Alibaba's and Apple's drivers of talent attraction and retention. Jack, however, wasnt an entrepreneur right from the start. Using. Persistence is the continued effort toward a goal even though obstacles may exist. [online] Available at: http://www. Hes an investment banker with over 20 years of experience in China and is the writer of this Jack Ma book Alibaba. International Journal of Research in Marketing Management and Sales 2019,1(2), 24-27. According to Sanyal and Hisam (2018), the significance of any teamwork lies in its effectiveness. Background to the case study organization Alibaba Group hastaken a hit as a result that a part of its employees were guilty of online fraudulent activities and irresponsible short-term profit. As a result, corruption was caused secretly by the combination of selfish desire and power without supervision. My Relating to the principle of collaboration is essential in attaining and maintaining a productive group. In 2009, only 27 shops offered Singles Day sales while in 2015, 40,000 retailers joined the movement. People are curious about their performance. Improve the standard system of selection and appointment Alibaba Group should try to improve the standard system of selection in order to ensure the person employed has higher organizational commitment. With so much going on, we also recognise the need for balance so we offer a range of services and benefits that help our employees get the most out of working at TNB. European Journal of Marketing, 46 (7), p. 684-711. This is where continuous feedback can allow them and change their mindset as it relates to their function and purpose within a company. By 1999, he had the plan for his new idea and a team. Amsterdam: Elsevier, 481-86. However, if the company could do the job rotation periodically and provide support to any employees transitioning out of the company, the situation will be changed as it not only prevents managers from increasing spheres of influence, but also gives opportunities to employees to gain experience in their professions. Moreover, the adoption of the theory has enabled the company to attain improved leadership models. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. Alibaba Group Holding Limited has began in year 1999 when the founder , Jack Ma founded the website Alibaba.com, a sales services via web portal that can connect with overseas buyers. Alibaba covers the lodging and meal expenses of the immediate family members who are invited to join. The use. One of the greatest entrepreneurs of all time, Jack Ma envisioned Alibaba when only a few even had email accounts. At the meeting, employees will summarize what they have done and what they have encountered throughout the week so that others can learn from their experiences. 6. The groups leadership was effective as the leaders were accommodative, informed, and neutral. Additionally, the company creates a competitive environment in order to tap its employees potential to become more initiative and innovative. Essentially, every corporate team has a purpose of pursuing. Therefore, harnessing and channelling such diversity to attain organizational goals and objectives is critical. 0 Aarts (2014), The truth about employee engagement. (2013), managers are entrusted with planning, coordinating, organizing, staffing, and leading. According to Huang et al. This in turn, helps in the motivation of employees which result in the firms success. But they didnt consider the Chinese people and were not appealing to their customers. With a net worth of $38.3 billion, he currently holds the title as the richest person in Asia.. Ma's extraordinary leadership skills and interesting success story fascinated the . In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. cite it. Lacking of a set of scientific and effective control and management system cannot guarantee the mplementation of building both core value and enterprise culture of Alibaba. 6 days ago, Posted strongly built loyalty as well as motivation within the employees. Customers Value Co-creation in Automotive Sectorthe Case Studies of BMW Co-creation Lab and Volkswagens Peoples Car Project in China. Let us help you get a good grade on your paper. Informing a new business-to-business relationship: Corporate identity and the emergence of a relationship identity. Drawing from the principle of good leadership, the Alibaba Company team was effective and hence able to achieve several objectives. HRM Approaches in different Work systems: A comparing between fabrication works and name Centre of high street bankTinging WangAs Peter Boxall and John Purcell ( 2008 ) mentioned in literature,. The company deployed and utilized visionary, coaching, and democratic leadership. They are too abstract and theoretical that are not seen as scientific, feasible suggestions in practice. Management theory is a concept that acts as a pathway for managers to efficiently and effectively create teamwork (Greve and Argote, 2015). And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. Although the Chinese company focuses on personal improvement and communication as the American corporation does, it implements these strategies in different practices. In conclusion, different companies should use different motivation theories. Due to the theories of human resource management are not fully understood, the analysis of the case study about the Alibaba Group is not in-depth and incomplete. (1981). Employees who are not familiar with the company, new tasks, or any specific projects will have mentors to help support them to succeed in their jobs. Also, he keeps them motivated. [online] Available at: http://www. Bo, T., & Chan, V. (2018). The corporation provides employees with several kinds of training programs, such as classroom training, e-learning, and seminars to help improve their skills and expertise. Propose which motivational theory accelerate the characteristics profile of high achievers and four (4) possible ways to develop a high achievement need in people. When they perceives the disparity between the inputs and the outputs,different responds will be excepted in various ways, including de-motivation, reduced effort, becoming disgruntled and even disruptive. Therefore, it makes sense that managers at Alibaba will help to defraud if dynamically taking managers greedy desire into consideration. The principle implies that good teamwork plans, learn, works, and celebrates together. ADAMS, J. S. , BERKOWITZ, L. , ; HATFIELD, E. (1976). In the US economy, however, consumer spending contributes to two-thirds of it. 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