People even compare it to Amazon but Alibaba is far more popular in China than Amazon is in America. Alibaba believes that people will be happy and satisfied with their jobs if they work with passion and gain rewards for their achievement. com (2008). S&F Sicherheit und Frieden,38(2), 112-117. And STEPHEN, D. (2003). Generating short-term winsmanagers and employees like the sense of achievement. 1, Singapore's Richest 2019: Sea's Forrest Li Carves Out A Place As Country's Only Online Gaming Billionaire, Singapore's Richest 2019: Daryl Ng Takes His Family's Sino Group Into The Future With 5G, AI, Unmasking The Hidden Billionaire Behind A Korean Beauty Kingdom. Thank you! Notably, the rights and freedom of a team member should not violate ethical working relationships with colleagues. 4. bbc. Pay and rewards attract and retain employees. For instance, the teachers who do after school tutoring receives extra pay throughout each pay way. (n.d.). Let us help you get a good grade on your paper. nytimes. 1% and 0. The announcement of the company showed that nearly 100 employees including sales staffs, manager and supervisor, had conspired to the fraud by deliberately helping fake suppliers in China to register with avoiding the company scrutiny and allowing them to defraud oversea buyers on the Alibabas international website (Nytimes, 2011). (2017, Jan 13). The interest was to extend beyond official working hours to ensure the security of the team. Required fields are marked *. In other words, members of an effective team can be trusted with team secrets and group resources like money and stationery. one year ago, Posted
Collectively, an effective team treats its members the same. The significance of secrecy resulted in group uniqueness and creativity. 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. Save time and let our verified experts help you. 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. However, employees create the best elements crucial in attaining success in the organizational departments, workshops, and business units. Graduate of Chulalongkorn University. Jack is also committed to the welfare of Alibabas employees. Members readily suggested how to work, relate, and be our brothers keeper. use various motivation theories to support your answer. With the rapid expansion of international business scale in the development of Alibaba Group, they consider their contribution to the company is greater than the return. with free plagiarism report. %PDF-1.7
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comhem. ?>. Notably, there is a need for team working to enable large companies to remain competitive and realize a return on investment. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. It means that individuals would reinforce a kind of behaviour once its consequence benefit to them. Import & Export on alibaba.com The Surgical Technologist, 8 p. 348-353. 2. The merchants, however, can pay to get themselves featured. Explore how the human body functions as one unit in Multi-cultural and multi-lingual, bringing solid S.T.E.M. 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. Therefore, if Alibaba would like to expand its business to the U.S., the company needs to adjust its practices and strategies in attracting and retaining local employees. 4. He paid $4000 to a Canadian man for the domain name Alibaba.com and launched the service in February 1999. News. All rights reserved. 3) PraisePraise is always beneficial. Workers can be joyful and productive in a surrounding that values the necessity to balance leisure and work (Ranade, 2022). News. 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? Consequently, improved leadership fostered decision-making between related projects. The length of our marriage is 102 years, and we have 87 years left. Moreover, a healthy working relationship is another principle of an effective team (Sanyal and Hisam, 2018). Shalley, C. and Oldham , G. (2004). BBC News - China arrests 36 for fraud on Alibaba and other sites. Economist. [online] Available at: http://news. Behavioral and Brain Sciences, 7 (4), p. 547-553. The company created its own mortgage fund called "iHome" in October 2011, allowing employees to apply for interest-free loans for property down payments. html [Accessed: 02 Nov 2012]. com/blogs/newsbook/2011/02/online-fraud_scandal_china [Accessed: 05 Nov 2012]. The team adopted the principle of respect and dignity among members. In Kyukim's blog, he talks about Samsung motivates employees by "threatening" the employees in South Korea. Significantly, the premium brand of Alibaba attained and maintained through effective management strategies (Bo and Chan, 2018). Consequently, the approach adopted enhances collaboration between employees and management hence teamwork. European Journal of Marketing, 46 (7), p. 684-711. Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. PhDessay is an educational resource where over 1,000,000 free essays are 3. com/2011/02/22/business/global/22alibaba. 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. Jack also needed investors for Alibaba to grow. An online-fraud scandal in China: Alibaba and the 2,236 thieves | The Economist. 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. 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). hb```e``@(1@L-Zst9,@[gn[`e(cr8:":@
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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. Risk management of all positions in the internal enterprise is an important part of the management system. Everyone he asked, knew about the story of Ali Baba and the Forty Thieves. Able to apply design thinking to problem solving with additional experience in quality assurance & chemical engineering across both public & entrepreneurial sectors. Samsung doesn't reward their employees at all, instead they manipulate employees' mind with the awareness of economic environment. In addition, the company also concerns social needs which hope the employees have belonging feeling. co. uk (2011). MASLOW, A. H. , & STEPHENS, D. C. (2000). According to Ford et al. And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. 6. In terms of recognition, Apple provides this strategy with two kinds of rewards. You can as well click place order now and get a plagiarism free paper. Bezos, and the founder and executive chairman of Alibaba Group, Jack Ma. Swap Download study resources by swapping your own or buying Exchange Credits. Because of Alibaba's staggering success, Jack Ma is considered as one of the most influential business man and philanthropist. Customers Value Co-creation in Automotive Sectorthe Case Studies of BMW Co-creation Lab and Volkswagens Peoples Car Project in China. 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. According to the company's founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). Although the working environment is always full of stress and difficulties, training provides opportunities for employees to improve themselves and contact with new people which could help them to fit in. Zimmermann, N., & Matisek, J. Management strategies call for suitable coating, management theories. Introduction
He is also an executive chairman of Alibaba Group Holding Ltd. The theory was pioneered by an American engineer, Fredrick Taylor (Huang et al., 2013). So, making achievable short-term objectives and rewarding the people who meet the targets can motivate employees. The cloud services personnel who protected international leaders from cyberattacks, boss Jack Ma's globe-trotting and advice for the young, Alipay staff volunteers caring for homeless bunny rabbits, etc. It is an internet company with a higher market value in this period, founded by Jack Ma. 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. And lastly, as thesixth strategy they decided to adopt encourage achievement through a rewarding system. International Journal of Organizational Innovation (Online),5(4), 78. However, it is difficult to transform corporate culture into practice to some extent. The following are psychological requirements which could associate with the fraudulent behaviours of officers at Alibaba in term of the greedy desire, the psychological imbalance and herd mentality. It implies that to attain unity, every aspect of the body plays a role in achieving the general goal (Huang et al., 2013). 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. 7 months ago, Posted
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. Jack tries to make sure that every customer has an experience like no other. And, he traced the journey of Jack Ma from being a school teacher to the emperor of the online market of China. Moreover, the team demonstrated the principle of inclusion. Personal welfare from the leader and among colleagues was remarkable. Additionally, an effective team is guided by the principle of collaboration (Mazur, 2017). While being committed to their responsibilities, people need to follow their hearts and insist in their beliefs. Stock options provides employees with the right to buy and sell their stocks in the company. It is China's largest e-commerce group which was founded by Jack Ma in 1999, and has developed into seven affiliated groups, namely Alibaba International Business Operations, Alibaba Small Business Operations, Taobao Marketplace, Tmall. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. com (2012). According to Sanyal and Hisam 2018, most organizational teams fail to be united because there are no predefined aims. 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. Additionally, the event of online fraud has been doomed from the start to some extent. It incorporates their decision-making style, problem-solving mechanisms, and their concerns for the overall globe making them "global leaders." This paper critically compares the implications of their approaches to comprehensive employee motivation and company performance. In his speech, Alibaba used a totally different method from Samsung. (LogOut/ Essentially, Alibaba company needs to invest more in resource allocation to enhance its performance. Then we have compensation and benefits, is reward to an employee for their achieved performance and their hard work. Informing a new business-to-business relationship: Corporate identity and the emergence of a relationship identity. 1. Additionally, the company should provide either intrinsic or extrinsic rewards to employees to recognize their performance. The company would reward those outstanding performance colleague though global announcement intranet system, which can strengthen employees confidence and create higher motivation to achieve good result in company. Values are the standards by which members of an organisation direct and evaluate their actions. 182 0 obj
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Traditionally, implementing a strategy costs a long time to achieve success. But Alibaba isnt only about the customers; it takes care of the employees too. Do you need high quality Custom Essay WritingServices? you to an academic expert within 3 minutes. Alibaba Group. Yun, J. J., Zhao, X., Park, K., & Shi, L. (2020). com/specials/aboutalibaba/aligroup/group_news. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). 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. The mass wedding being one example, Alibaba has taken care to offer family-like support to its employees. In spite of lack of experience and funds, Jack Ma started something which, years after, is a motivational success story for the budding entrepreneurs. 1. The leaders of the group emphasized the benefits of keeping group secrets. Definition:
/ Nature of motivation, Attitude /Motivation in Hindi,Motivation theory . The table showing similarities and differences between Alibaba and Apple. aspx? Aarts (2014), The truth about employee engagement. 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. Assuming the organization have optimistic thoughts and future Posted
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