alibaba. your own essay or use it as a source, but you need Duncan Clark is one among those people who witnessed Jack Ma success story. International Distribution Policy Comparative Analysis between Samsung and Apple. Jack is also committed to the welfare of Alibabas employees. Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. with free plagiarism report. So, Alibaba it is; his online retail store. A service designed for small businesses. On the other hand, Apple highlights in training and learning. Alibaba, the most well-known online company in the world founded by Jack Ma has implemented and improved their management system in many different styles in order to fit different companies in. 3 Establish psychological management mechanism It is necessary to give psychological training programme at least once a month for intensifying the efforts of anti-corruption and enhancing the management of core value and culture in Alibaba Group. Change), You are commenting using your Facebook account. co. uk (2011). (2013). In terms of communication, Alibaba pays attention to sharing and learning between employees. Greve, H. R., & Argote, L. (2015). Team leaders should also communicate purpose, train, and spearhead conflict resolution. Training and development has a positive impact on employees, this shows investment from the employer and enhances career progression. According to Ford et al. In the point view of organizational behaviour, it is obvious to see that Ma has applied an effective reward system into his company. Moreover, the article expresses how major companies such as Accenture, Adobe Systems Inc., Deloitte, IBM Corp., Microsoft Corp., have removed the traditional performance evaluation to grow to be the successful business they are today. Every person is capable and has the desire to move up the hierarchy toward a level of self-actualization. He established an Internet business Hangzhou Haibo Network Consulting back in 1995. Compensation is the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required. com (2012). 1. In essence, team members should participate in the achievement of the team goals and objectives. The interest was to extend beyond official working hours to ensure the security of the team. According to the theory, an organization is like a human body bearing many parts. Retrieved from https://phdessay.com/hrm-about-alibaba/, Hire skilled expert and get original paper in 3+ hours, Run a free check or have your essay done for you, Didn`t find the right sample? endstream endobj startxref However, it is difficult to transform corporate culture into practice to some extent. However, the employees morale is crucial in improving performance. There is the principle of effective communication among the team members. News. com (2012). Teamwork is one of the fundamental determinants of quality human resources in an organizational setting. Dd"a.B1k ai0a%e;DIv)$g#S2dJK SNK(8ht05q~b{pp. Consequently, the team was peaceful and united. Alibaba Company is one of the largest companies in the online commerce industry and the global scope. Through the founder, Jack Ma, the company adopted behavioural management theory as a workforce management strategy (Bo and Chan, 2018). The principle of defined purpose also marks good teamwork. Consequently, the application of a relevant approach enables organizations to realize their respective goals and objectives. The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: Sustainability, 12(11), 4379. Risk management of all positions in the internal enterprise is an important part of the management system. However, they apply both strategies in different practices. When given more freedom at work, employees are happier in their jobs. The Surgical Technologist, 8 p. 348-353. 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. According Shalley and Oldham (2004), employees will have job burnout of different extents as well as reduction of creativity after 6 years working in the same position. The groups leadership was effective as the leaders were accommodative, informed, and neutral. Listen to the summary at Blinkist or listen to the book at Audible. 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). Alibaba Group. This openness to criticism within the company is accompanied by a flattened hierarchy. Motivation Achievement Theory can help you to stimulate your employees with encouragement. Belief in an employee is appropriate if they are capable. Explore how the human body functions as one unit in Swap Download study resources by swapping your own or buying Exchange Credits. The collaboration was on another level enabling us to achieve many objectives with ease. Jack Ma later remembered: "First week, we have seven employees. They are too abstract and theoretical that are not seen as scientific, feasible suggestions in practice. This is a BETA experience. However, in the statement said by Mr. Ma, it was not allowed to violate business honest principal or the basic line of company values (BBC, 2012). isbn13=9780060548780 [Accessed: 09 Nov 2012]. The length of our marriage is 102 years, and we have 87 years left. In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. 1 The greedy desire It is difficult to satisfy individual demands because everyone would move to the next more advanced platform of the hierarchical pyramid that Maslow created frequently once the prior need is met, especially in modern society. Moreover, it has been analyzed by Toma et al., (2019) that Alibaba's cultural values have been critical to the company's growth and success. html [Accessed: 05 Nov 2012]. Case Application - Alibaba: Motivation for the Long Haul. 10 minutes with: Explore how the human body functions as one unit in harmony in order to life //= $post_title And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. Your email address will not be published. Additionally, it is necessary to introduce different kinds of methods of personal testing and assessment which combine the enterprise culture into the evaluation. Revenge-seeking is obviously strictly prohibited, although participants may choose to award or punish a commentator with virtual credits - Ma himself has had his sesame seeds (what the credits are called) deducted for making unpopular comments. com/specials/aboutalibaba/aligroup/group_news. Alibaba employees are motivated through good salary packages and involvement in decision-making. 2. Then the number of restricted shares held by employees will increase as a result of the annual bonus issue of new restricted shares. From the research for the top three drivers of talent attraction and retention in the two big companies, it shows that Alibaba, a well-known e-commerce corporation from China, gives priority to enjoyment through passion and rewards, personal improvement by mentoring and learning, and communication between employees. harmony in order to life, Hrm About Alibaba. Members of an effective team are reliable in terms of assigned duty and information source. Twitter Shalley, C. and Oldham , G. (2004). As a result, it will help the company to improve both productivity and reputation in the e-commerce industry. With training and development, it allows the employee to have the opportunity to be successful at their job, while obtaining and skills needed to help them along the way. By 1999, he had the plan for his new idea and a team. 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. In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. Many Internet companies lost substantial money, and many lost their business. InInternational Conference on Transport Systems Telematics(pp. In terms of fun, Alibaba promotes this strategy in two ways. Introduction Human resource management (HRM) means the activities of management in the employment relationship (Boxall and Purcell, 2003). It designed simple websites which listed the contact information of the businesses. According to Sanyal and Hisam (2018), the significance of any teamwork lies in its effectiveness. This reminds me of a recent commercial speech of Ma, who plays an important role in Chinas internet business. PhDessay is an educational resource where over 1,000,000 free essays are According to Sanyal and Hisam 2018, most organizational teams fail to be united because there are no predefined aims. The employees feel that they have greater responsibility and trust put on them, this can generate greater participation, commitment, and a better job performance. The strategy was adopted to motivate and enhance employees commitments towards higher achievements. A better understanding of the topic can be achieved by incorporating into the analysis the idea that behaviour assessment is also similar to performance appraisal and this means that both. The team leaders communicated the essence to timely reporting of unprofessional differences between the members of the group. IOSR Journal of Business and Management, 20(3), 15-22. Even today, the household expenditure accounts for only one-third of the economy. All rights reserved. (LogOut/ Thus, if the pre-supervision runs into a problem, it represents the failure in enterprise culture management. 209 0 obj <>/Filter/FlateDecode/ID[<174F6B9330FF0045907F5F954E9BD9D1>]/Index[182 65]/Info 181 0 R/Length 132/Prev 507426/Root 183 0 R/Size 247/Type/XRef/W[1 3 1]>>stream We use cookies to ensure that we give you the best experience on our website. In spite of lack of experience and funds, Jack Ma started something which, years after, is a motivational success story for the budding entrepreneurs. In 2000, in the dot-com bubble, everything shattered. Alibaba employees are motivated through good salary packages and involvement in decision-making. The company also benefits by being able to set up guidelines of what is expected and by rewarding employees they will have employees that are accomplishing more and have a better attitude about their job. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. One main reason is that performance is an ongoing process (Workforce News, 2016).

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