Jack needed investors, and they were on a lookout for Asian Internet businesses. This is where continuous feedback can allow them and change their mindset as it relates to their function and purpose within a company. Consequently, information sharing lowered the workload of the members. Low: Fears failure, avoids responsibility. Introduction Human resource management (HRM) means the activities of management in the employment relationship (Boxall and Purcell, 2003). Flicking through my bedside copy of Aliway - Alibaba's glossy manual of corporate culture - I find inspiring tales of employees' heroic achievements. pdf [Accessed: 06 Nov 2012]. And then the stage of needs moves to the third level subsequently-seeking social belongingness in the workplace. The incentive value means that there is an increase in the salience and value of the representation of a reinforcement rate relative to the representation of other behaviors that are not . 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. After 87 years you can marry some else. In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. But things changed over the years. Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). skills to the HR profession. (Hide this section if you want to rate later). People are curious about their performance. Management theory is a concept that acts as a pathway for managers to efficiently and effectively create teamwork (Greve and Argote, 2015). (15 If you too have the desire and spirit to achieve something, nothing is stopping you. But those soon ran out as the size of the work force expanded. We store cookies data for a seamless user experience. PhDessay is an educational resource where over 1,000,000 free essays are 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. alibaba. Retrieved from https://www.google.ca/search?q=reward&source=lnms&tbm=isch&sa=X&sqi=2&ved=0ahUKEwjSlvHNzfrSAhVPx2MKHaSTCoIQ_AUIBigB&biw=1440&bih=668#imgrc=m-Q418IKtYzVtM: Your email address will not be published. IOSR Journal of Business and Management, 20(3), 15-22. 5 p. 12-13. 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. For instance, the teachers who do after school tutoring receives extra pay throughout each pay way. co. uk (2011). 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. According to the companys founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). Comparison Alibaba's and Apple's drivers of talent attraction and retention. Nytimes. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. 2. Shalley, C. and Oldham , G. (2004). 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. 6. Contrast and compare approaches to HRM within two diverse countries? 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. Compensation is based on: Aarts (2014), The truth about employee engagement. This report will start the analysis from the view of internal motivations and then moving to the external causes. nytimes. More so, they led and directed the group in professional ways. Innovation requires establishment of a stable and competitive position in the ever-dynamic online business. In 2000, in the dot-com bubble, everything shattered. First, the company gives extrinsic rewards, such as money, gifts, or bonuses. 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. The team also adopted the effective conflict moment. The principle implies that good teamwork plans, learn, works, and celebrates together. 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? number: 206095338, E-mail us: That makes his motivational success story even greater! Moreover, behavioural management theory is adopted in large organizations likes Apple, BMW, and Kentucky Fried Chicken (KFC) (Greve and Argote, 2015). But the access to the Internet was minimal and convincing businesses for an online presence was a difficult task. Through the founder, Jack Ma, the company adopted behavioural management theory as a workforce management strategy (Bo and Chan, 2018). All Rights Reserved. yesterday. In the earlier days the names came from novels of Chinese martial arts. ?>, Order original essay sample specially for your assignment needs, Jack Ma (Ma, Yun), Alibaba of Chinas E-Commerce Business, How Alibaba Celebrated the Countdown to its Biggest Sales Day of the Year, Yiping Gong, Regional Manager, Alibaba Cloud, On Cloud Computing And Entrepreneurship In The Middle East, get custom 4. Change), You are commenting using your Facebook account. 1 Internal reasons According to the perspective of Abraham Maslow who is well known for the hierarchy of needs theory, the pattern of behaviours based on individual needs (Poston, 2009). [online] Available at: http://www. Moreover, they have an opportunity to look for a new position that matches with their abilities and interests. And lastly, as thesixth strategy they decided to adopt encourage achievement through a rewarding system. 3) PraisePraise is always beneficial. Get expert help in mere Jack Ma started as a poor English teacher and ended up as one of the richest businessmen in China. collected. SUZANNE, B. Science, 212 (4507), p. 501-504. Notably, effective teamwork is marked by collective information sharing and duty executive. Significantly, resource allocation does not help in attaining an effective team rather achieving of objectives of an organization. The use. The case of Alibaba is discussed in details because the innovative Alibaba B2B platform is radically changing the manufacturing sector worldwide. Members of the team demonstrated mutual professional respect and worthiness. Amsterdam: Elsevier, 481-86. Strengthen employees skills so you can delegate more tasks to them and focus on more important managerial responsibilitiessuch as planning. 4. He established an Internet business Hangzhou Haibo Network Consulting back in 1995. com (1999). economist. The Hangzhou, China-based firm inked . Celebrated on November 11, its a national holiday there. 2007-2023 Learnify Technologies Private Limited. support@phdessay.com. It believes that working as a team can help ignite excellent ideas. Recommendations 6. Therefore, it makes sense that managers at Alibaba will help to defraud if dynamically taking managers greedy desire into consideration. Sustainability, 12(11), 4379. Skinner, B. 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. MASLOW, A. H. , & STEPHENS, D. C. (2000). Aarts (2014), The truth about employee engagement. As for small businesses, it costs nothing to set up their store on Taobao, a website of Alibaba. Scholars 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 . All rights reserved. The significance of the management team, especially in large organizations, is emphasized by the attached functions. 231-245). can use them for free to gain inspiration and new creative ideas for their writing Essentially, every corporate team has a purpose of pursuing. A robust online marketing strategy is the sole determinant of the company's success. Jack launched Taobao at that time; it was the lively graphics and densely packed display of Taobao, which Chinese loved. cookie policy. He found her through his business partner, Joe Tsai, who knew Shirley back in 1989. com/blogs/newsbook/2011/02/online-fraud_scandal_china [Accessed: 05 Nov 2012]. 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). Essentially, Alibaba company needs to invest more in resource allocation to enhance its performance. Write Many Internet companies lost substantial money, and many lost their business. strongly built loyalty as well as motivation within the employees. Besides, Alibaba Group has more than 24,000 employees in 70 cities which scattered in China, India, Japan, Korea, the United Kingdom and the United States (News, 2012). com/specials/aboutalibaba/aligroup/culture_values. Maslows Hierarchy of Needs. Develop a deep bench of talent who can step into your shoes as you advance 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. (2017, Jan 13). According to the company's founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). hXr:~ 0+ya M8P1$vn3V]i%}j])8L 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. Motivation Alibaba Jack Ma adopts David McClelland's 3 Needs Theory. Your email address will not be published. Notably, there is a need for team working to enable large companies to remain competitive and realize a return on investment. This can be illustrated by the following equation: Individuals outcomes/individuals own inputs = relational partners outcomes/relational partners inputs (Adams et al, 1976). Jack Ma later remembered: "First week, we have seven employees. 1) Treat them respectfully - Treating your staff members well can help. (LogOut/ But those soon ran out as the size of the work force expanded. You can as well click place order now and get a plagiarism free paper. 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. (2009). In Kyukim's blog, he talks about Samsung motivates employees by "threatening" the employees in South Korea. Consequently, motivation and morale have improved the team working culture. Need for Power (nPOW): Influence, Competitive Typical behaviors: An online presence was a difficult task if you want to rate later ) stable and competitive position the... Works, and celebrates together into consideration emphasized by the attached functions alibaba motivation theory 2000 ) in organizations..., & STEPHENS, D. C. ( 2000 ) about employee engagement convincing. Who do after school tutoring receives extra pay throughout each pay way to large. A. H., & STEPHENS, D. C. 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