Risk management of all positions in the internal enterprise is an important part of the management system. Alibaba team members were reliable and trustworthy. Let us help you get a good grade on your paper. 6. According to Mas speech, he mentioned that Alibaba group has already developed its own equity incentive system, after the development and research of Ma and other senior Ali, Ali group came up with an uniquerestricted stock plan to motivate his employees. The Hangzhou, China-based firm inked . Unfortunately, after employees have been satisfied with all these five levels of needs, the worldview, philosophy and value view of them will be generally changed in a climate of corruption. They are too abstract and theoretical that are not seen as scientific, feasible suggestions in practice. If you are someone who constantly researches theories and methods to implement in your workplace then you must have come across the name McClelland and his motivation theory. Considering that, To hold worker we need to zero in on essential things Future development - All the worker center toward future development. The development of supervision before the event, at present and after the event all depends on the growth of the enterprise culture. However, it is difficult to transform corporate culture into practice to some extent. Both the greedy desire and the psychological imbalance are the internal reason behind the problem. A bonding event like this is just a small part of Alibabas corporate culture, which has been critical to the success of the company, as the filing stated. For example, for self-improvement Alibaba may provide training, mentoring, and learning to employees. Jack tries to make sure that every customer has an experience like no other. In todays job market, it is very important that employees can decide if they are productive to their company as well as noticing the areas where they can improve. Thirteen people were sentenced ranging from eight months to three years in jail after conspiring with suppliers to gain illegally around RMB 500,000 yuan in this online fraud (Nytimes, 2011). By continuing well assume youre on board with our (2013), different people have different ideas, beliefs, priorities, views, tastes, and preferences. Traditionally, implementing a strategy costs a long time to achieve success. astd2007. When one need is fulfilled a person seeks to fulifil the next one, and so on. The leaders of the group emphasized the benefits of keeping group secrets. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. 1 Opportunity. According to the company's founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). Additionally, the approach emphasizes that organizations are social entities and hence need for social interactions. 4. A former English teacher, Jack Ma cofounded and chairs Alibaba Group, one of the world's largest e-commerce businesses. With the early success of corrupt deals by heads of the sales department at Alibaba, they would have an addictive sense of satisfaction and accomplishment which lead to those guilty behaviours for greater interest repeat again and again naturally. (n.d.). Personal welfare from the leader and among colleagues was remarkable. you to an academic expert within 3 minutes. Alibaba Company is one of the largest companies in the online commerce industry and the global scope. The principle of defined purpose also marks good teamwork. And the wheels aligned. Then we have compensation and benefits, is reward to an employee for their achieved performance and their hard work. But even by the end of 2000, Alibaba wasnt profitable. Jack Ma built his empire from scratch. The team adopted the principle of respect and dignity among members. A robust online marketing strategy is the sole determinant of the company's success. 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. 1) Jack Ma adapts charismatic leadership theory. The officers participated in the fraud are almost from a high-powered job position in Alibaba Group and own important resource and privileges in the company. Notably, to execute the duties collectively calls for effective strategies. People are able to realise their abilities and potential, take on more responsibility or variety of tasks which improves versatility and prevents boredom leading to demotivation. Meanwhile, it will motivate him or her to do something to relieve this tension. 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. When given more freedom at work, employees are happier in their jobs. In 2009, only 27 shops offered Singles Day sales while in 2015, 40,000 retailers joined the movement. (15 According to the Equity Theory of Adams, an individual will perceive the ratio of inputs to the outcomes depend not only on the absolute value but also in the relative value in order to measure whether himself or herself is treated fairly or not (Adams et al, 1976). IOSR Journal of Business and Management, 20(3), 15-22. When given more freedom at work, employees are happier in their jobs. Meanwhile, when setting Maslows model into the business to understand the motivation behind employees behaviours, it is not amazing to find that there are also have similar five levels of needs which including wages, safety, social belongingness, self-esteem and finally self-actualization. In conclusion, the team members noted effective teams to be defined by purpose, good leadership, mutual respect, inclusion, and construction communication. Did you know that we have over 70,000 essays on 3,000 topics in our Improve retention; employees are more loyal and motivated when their bosses take time to help them improve their skills. harpercollins. Even though resources do not directly help create an influential group, it helps realize the objectives and goals of a team. Consequently, the approach adopted enhances collaboration between employees and management hence teamwork. No longer confined to the emerging online markets of China, Alibaba now plays on an international level, with plans to compete for customers from around the world.71 Jack Ma, Alibaba's founder and executive chairman, fuels the motivation and inspiration for the company's competitive spirit. This is where continuous feedback can allow them and change their mindset as it relates to their function and purpose within a company. 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. com/2011/02/22/business/global/22alibaba. Explore how the human body functions as one unit in 6. Most importantly, Alibaba also believes in action learning. Moreover, the deep-rooted reason should be the problems of its human resources management. Essentially, every corporate team has a purpose of pursuing. Retrieved from, http://www.profitguide.com/manage-grow/human-resources/the-truth-about-employee-engagement-62387, Markos, S. & Sridevi (2010), Employee Engagement: The Key to Improving Performance. References Mason, K. (2012). The company has a flat hierarchy structure to support sharing and learning among every level of employees. First, the company gives extrinsic rewards, such as money, gifts, or bonuses. In 1999, he founded the Alibaba Group as a business-to-business, e-commerce platform. Companys leaders sometimes work directly with their subordinates. So, they cut costs and narrowed themselves only to the Chinese market. Because of Alibaba's staggering success, Jack Ma is considered as one of the most influential business man and philanthropist. Notably, the rights and freedom of a team member should not violate ethical working relationships with colleagues. And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. With a futuristic mindset, Jack founded Alibaba back then, in 1999. 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. Then theres employee relations, which helps build a positive relationship between employers and employees. What if Alibaba expands its business to the U.S. Generally, when companies expand their business to other countries, they tend to hire local people. Such was Jack Mas blessing at a mass wedding for Alibaba employees on May 9 in Hangzhou, just three days after the company filed for its much anticipated IPO in the U.S. 6. Using. And STEPHEN, D. (2003). 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. Listen to the summary at Blinkist or listen to the book at Audible. Sustainability, 12(11), 4379. Case Study: Alibaba Motivation for the Long Haul | SEM106 - Principles of Management - XMUM | Thinkswap Search for over 100,000 study notes and past assignments! Available at: http://www. 4. Save time and let our verified experts help you. It implies that to attain unity, every aspect of the body plays a role in achieving the general goal (Huang et al., 2013). Training and development has a positive impact on employees, this shows investment from the employer and enhances career progression. From the aspect of motivating employees to contribute effectively, the professional dedication in Alibaba's founding ideals, which means do extraordinary things with a professional attitude and a normal mindset. The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: Need for achievement Alibaba gives direction and provide feedbacks to their staff so that the employees can reach their potential. In his speech, Alibaba used a totally different method from Samsung. You can as well click place order now and get a plagiarism free paper. Then the number of restricted shares held by employees will increase as a result of the annual bonus issue of new restricted shares. Moreover, when employees are kept happy and satisfied then their productivity rises as they feel that the company has given them the importance. Greve, H. R., & Argote, L. (2015). Jack Ma later remembered: "First week, we have seven employees. use various motivation theories to support your answer. Understanding and motivating health care employees: This essay was written by a fellow student. Duncan Clark is one among those people who witnessed Jack Ma success story. number: 206095338, E-mail us: com (1999). Available at: http://web. pdf [Accessed: 03 Nov 2012]. skills to the HR profession. (LogOut/ In essence, team members should participate in the achievement of the team goals and objectives. This can be illustrated by the following equation: Individuals outcomes/individuals own inputs = relational partners outcomes/relational partners inputs (Adams et al, 1976). Change), You are commenting using your Facebook account. Every team member paid attention and was actively involved in the team activities. In conclusion, different companies should use different motivation theories. David Wei and Elvis Lee Quit Alibaba Amid Fraud Inquiry - NYTimes. Make more effective use of company resources; coaching costs less than formal training (p. 1). reward Google Search. While if this ratio is unequal, it leads to equity tension which was called the negative tension state by Adam (1976). Jack Mas leadership style is a key to Alibabas commercial success. The Maslow business reader. Similarly, employees, strategies, synergies, and systems form vital components in an organization setting. 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). It designed simple websites which listed the contact information of the businesses. html [Accessed: 02 Nov 2012]. Study Study from your library anywhere, anytime. Able to apply design thinking to problem solving with additional experience in quality assurance & chemical engineering across both public & entrepreneurial sectors. Able to apply design thinking to problem solving with additional experience in quality assurance & chemical engineering across both public & entrepreneurial sectors. In terms of self-improvement, Alibaba focuses on mentoring and learning. That makes his motivational success story even greater! Malaysia Xiamen University Malaysia For instance, the teachers who do after school tutoring receives extra pay throughout each pay way. 2 External reasons 4. The company promotes teamwork in the workplace. International Distribution Policy Comparative Analysis between Samsung and Apple. Nytimes. 3. Aarts (2014), The truth about employee engagement. And they got the taste of success soon. Upon looking at an old coworker, he realized he doesnt want a future like that. Tien, N. H. (2020). All he needed was a name, the name which he found on one of his trips to California. Zimmermann, N., & Matisek, J. That is an example of an reward for their extra work performance, since we dont get paid for overtime. pdf [Accessed: 06 Nov 2012]. In Kyukim's blog, he talks about Samsung motivates employees by "threatening" the employees in South Korea. The overall success of Alibaba Company has been attained through effective management. Thank you! However, it is difficult to transform corporate culture into practice to some extent. Members of the team demonstrated mutual professional respect and worthiness. Drawing from the principle of resource allocation, the team ran out of fieldwork facilitation money. BBC News - China arrests 36 for fraud on Alibaba and other sites. co. uk/news/business-13986308 [Accessed: 1 Nov 2012]. strongly built loyalty as well as motivation within the employees. It would build an environment, such as weekly meetings and the Open Box tool, to encourage sharing and learning among employees. [online] Available at: http://news. The theory was pioneered by an American engineer, Fredrick Taylor (Huang et al., 2013). Alibaba Group has not supervised the management in the process of dealing with related complaints about fraud happened between 2009 and 2010, even though some suspected online trading accounts had been deleted and specific inquiries of its international market transaction had been conducted since the beginning of the third quarter in 2010. 6 days ago, Posted Business Marketing To name a few, Bill Gates owned Microsoft and Jack Ma owned Alibaba. (1981). nytimes. Therefore, it makes sense that managers at Alibaba will help to defraud if dynamically taking managers greedy desire into consideration. Second, the firm grants intrinsic rewards, such as a sense of achievement and enjoyment. The team leader has the mandate of guiding and directing the team members. Researchers have identified three major components of motivation: activation, persistence, and intensity. The equity theory of motivation is the idea that what an individual receives for their work has a direct effect on their motivation. The techniques have been aimed at creating good working relationships among employees and management. So, Alibaba it is; his online retail store. 4) Maintain a healthy work-life balanceMotivating employees requires a positive work environment. Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. Therefore, it is easy for them to commit a crime with close interest people once they are lured by short-term profits. Introduction The leader gave room to the team members suggestions and emphasized team unity. se/u68426711/rft/Skinner%201945%20The%20operational%20analysis%20of%20psychological%20terms. The motivational success story of Jack Ma started shaping from then. Members readily suggested how to work, relate, and be our brothers keeper. However, weak awareness of the human resource control among Alibaba Groups executives sets the stage for this online fraud scandal in China. Significantly, the premium brand of Alibaba attained and maintained through effective management strategies (Bo and Chan, 2018). It is an internet company with a higher market value in this period, founded by Jack Ma. Collectively, an effective team treats its members the same. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). Everyone he asked, knew about the story of Ali Baba and the Forty Thieves. According to Sanyal and Hisam 2018, most organizational teams fail to be united because there are no predefined aims. (LogOut/ Dd"a.B1k ai0a%e;DIv)$g#S2dJK SNK(8ht05q~b{pp. And some employees are with Alibaba for years. After 87 years you can marry some else. News. Sometimes it is hard to do all the work on your own. In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. In other words, members of an effective team can be trusted with team secrets and group resources like money and stationery. Through the courtesy of the team leaders, members consulted with our leader and group members. Long term by giving employees increases employees will be apt to stay with the company and this benefits the company in not having a high turn-over. It means that individuals would reinforce a kind of behaviour once its consequence benefit to them. Moreover, Jack tried expanding his business in the US. This report will focus on analysis for Alibaba Group's human resource management, in order to reply the demand of its future developments. com, Juhuasuan, e-Tao and Alibaba Cloud Computing (News, 2012). Springer, Cham. Apart from these clubs, the company also organizes annual dinner in order to offer a chance for different departments gather together in a relax atmosphere. Behavioral Theories of Organization. And then the stage of needs moves to the third level subsequently-seeking social belongingness in the workplace. 1) Treat them respectfully - Treating your staff members well can help. This is because they are familiar with the market and know customer needs in their country very well. Huang, K. P., Tung, J., Lo, S. C., & Chou, M. J. How would you retain employees who are sitting on lucrative stock options and could walk out the door tomorrow knowing that they would never have to work another day in their life? database? Generating short-term winsmanagers and employees like the sense of achievement. Employees will strive to do the best they can and excel at their job. Among employees and management hence teamwork this report will focus on Analysis for Alibaba group 's human control! 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