Using. Even today, the household expenditure accounts for only one-third of the economy. Duncan Clark is one among those people who witnessed Jack Ma success story. 3) PraisePraise is always beneficial. Ma used this kind of rolling increase rewarding system as a way to help companies retain employees since all the employees in Alibaba Group will always have a part of the options which havent been used. Even though resources do not directly help create an influential group, it helps realize the objectives and goals of a team. Different strategies: enjoyment (Alibaba) and recognition (Apple). This can be illustrated by the following equation: Individuals outcomes/individuals own inputs = relational partners outcomes/relational partners inputs (Adams et al, 1976). Consequently, the team was not able to meet the predetermined. Aarts (2014), The truth about employee engagement. View all posts by sudaporn.vittayakul. Required fields are marked *. Effective teamwork should acknowledge different diversities like gender, race, age, and colour. In his speech, Alibaba used a totally different method from Samsung. Essentially, every corporate team has a purpose of pursuing. Motivation Alibaba Jack Ma adopts David McClelland's 3 Needs Theory. The Maslow business reader. 2 The lack of control and management system It is not just incorrect psychological requirement or the unsound political system is blamed for breeding corruption, the lack of core value and culture control of the company is one of the significant factors which could not be ignored. Additionally, it is necessary to introduce different kinds of methods of personal testing and assessment which combine the enterprise culture into the evaluation. Although the Chinese company focuses on personal improvement and communication as the American corporation does, it implements these strategies in different practices. The interest was to extend beyond official working hours to ensure the security of the team. Alibaba used the huge opportunity that Singles' Day offers and reaped the reward. ?>, 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 pdf [Accessed: 03 Nov 2012]. Hes an investment banker with over 20 years of experience in China and is the writer of this Jack Ma book Alibaba. Consequently, information sharing lowered the workload of the members. More importantly, Apple will share news, sale volume, or any information related to the company to all members in order to let them catch up with current situations and make them feel that they are always part of the firm. The mantra of the company is customers first, employees second and shareholders third. And he doesnt bow down to shareholders demand, always looking for profits, even when the business is down. In terms of fun, Alibaba promotes this strategy in two ways. 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? Follow me on However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. Bo, T., & Chan, V. (2018). com/browseinside/index. alibaba. Essay. They also treated the members with dignity and respect. Also, different employees also require different motivational factors. Type your requirements and I'll connect By offering employees an increase based on good work performance or by completing jobs on a timely basis employees are motivated to do the best they can for the company. While Apple, a high technology company from the U.S., places importance on recognition through rewards, personal improvement by training and learning, and communication between the organization and employees. Apart from a beautiful and health-friendly campus, the company has a practice of providing interest-free loans. The principle of defined purpose also marks good teamwork. If you too have the desire and spirit to achieve something, nothing is stopping you. 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. The team also adopted the effective conflict moment. Dewalska-Opitek, A. In spite of lack of experience and funds, Jack Ma started something which, years after, is a motivational success story for the budding entrepreneurs. Bezos, and the founder and executive chairman of Alibaba Group, Jack Ma. 2021 Writersbid.net. In Kyukim's blog, he talks about Samsung motivates employees by "threatening" the employees in South Korea. One main reason is that performance is an ongoing process (Workforce News, 2016). 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. Maslow and Stephens (2000) have posited out that individuals will not spend an inordinate amount of time to think about their salaries if they are fairly paid. Researchers have identified three major components of motivation: activation, persistence, and intensity. Were the solution steps not detailed enough? He is willing to take a high personal risk to achieve his goal. Keywords: alibaba company, autocratic management, conductive management, persuasive management, democratic management. Moreover, when employees are kept happy and satisfied then their productivity rises as they feel that the company has given them the importance. BBC News - China arrests 36 for fraud on Alibaba and other sites. Besides, through encouraged workers, Alibaba Company has maintained high customer service on the online platforms. Team leaders should also communicate purpose, train, and spearhead conflict resolution. Analysis (linked to HRM theory) There is always a kind of psychological motivations behind any subjective action, and the online fraud scandal of the Alibaba Group is no exception. It implies that the efforts and ideas are not channelled towards purpose realization. 2) Give individuals more freedom - When people feel in control of their lives, they are more motivated and happier. Change), You are commenting using your Facebook account. According to the companys founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). Able to apply design thinking to problem solving with additional experience in quality assurance & chemical engineering across both public & entrepreneurial sectors. 6. / Nature of motivation, Attitude /Motivation in Hindi,Motivation theory . The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. 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. 14 Motivational Theories and Models . While the Alibaba team has snowballed from the original 18 founding members to a giant of 24,000, some of the cultural elements from its earlier start-up days have been carefully retained. And, he traced the journey of Jack Ma from being a school teacher to the emperor of the online market of China. Business Marketing To name a few, Bill Gates owned Microsoft and Jack Ma owned Alibaba. 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. Samsung doesn't reward their employees at all, instead they manipulate employees' mind with the awareness of economic environment. People are curious about their performance. Additionally, the event of online fraud has been doomed from the start to some extent. Surprisingly, these allegedly fraudulent online shops account for 1. org/publications/Journal%20Archive/2009/8_August_2009/CE. Contrast and Compare Approaches to Hrm Within Two Diverse Countries? Moreover, company should be direct to their employees when giving feedback and help them further their careers through constant. International Journal of Research in Marketing Management and Sales 2019,1(2), 24-27. endstream endobj 183 0 obj <>>>/Metadata 71 0 R/Outlines 225 0 R/PageLayout/OneColumn/PageMode/UseOutlines/Pages 179 0 R/Type/Catalog/ViewerPreferences<>>> endobj 184 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 185 0 obj <>stream Members of an effective team are reliable in terms of assigned duty and information source. 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. (2009). In Skinnners reinforcement theory, Skinner (1984) has drawn attention to the fact that appropriate reinforcement based on public consequence may influence verbal response. The table showing similarities and differences between Alibaba and Apple. S&F Sicherheit und Frieden,38(2), 112-117. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. The merchants, however, can pay to get themselves featured. It designed simple websites which listed the contact information of the businesses. Behavioral Theories of Organization. He established an Internet business Hangzhou Haibo Network Consulting back in 1995. Read more:Everything Behind the Steve Jobs Success Story. Those who dont know, Singles Day is like a parody of the Valentines Day celebration. se/u68426711/rft/Skinner%201945%20The%20operational%20analysis%20of%20psychological%20terms. 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. You can as well click place order now and get a plagiarism free paper. Sometimes it is hard to do all the work on your own. Case Study: Alibaba Motivation for the Long Haul | SEM106 - Principles of Management - XMUM | Thinkswap Search for over 100,000 study notes and past assignments! 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. online] Available at: http://www. alibaba. The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: 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. Moreover, this reward system will motivate employees to work harder since they will be more likely to think about the outcomes of their behaviour in the company. Make more effective use of company resources; coaching costs less than formal training (p. 1). The strategy was adopted to motivate and enhance employees commitments towards higher achievements. PhDessay is an educational resource where over 1,000,000 free essays are Every person is capable and has the desire to move up the hierarchy toward a level of self-actualization. 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). Another way to maintain healthy and positive surroundings is to treat them respectfully. 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). You can use it as an example when writing Moreover, the deep-rooted reason should be the problems of its human resources management. (LogOut/ you to an academic expert within 3 minutes. 231-245). Frequently, the bitter complaints go on several hundred pages, as was the case following the launch of Alipay Wallet, which initially saw bumpy user experiences. 1) Treat them respectfully - Treating your staff members well can help. ADAMS, J. S. , BERKOWITZ, L. , ; HATFIELD, E. (1976). With a futuristic mindset, Jack founded Alibaba back then, in 1999. Browse Inside In Search of Excellence: Lessons from America's Best-Run Companies by Thomas J. Peters, Robert H. Waterman, Jr.. [online] Available at: http://www. Business Horizons, 60(1), 25-34. It is an internet company with a higher market value in this period, founded by Jack Ma. Economist. Every activity assigned, we did as a team and readily shared. 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). 6 days ago, Posted On the other hand, Apple focuses on communication between the organization and its employees. @Hengshao90or on Facebook. Hello. So, they cut costs and narrowed themselves only to the Chinese market. %%EOF Market research about. Things were by no means easy at first. A Review and Critical Analysis of the Principles of Scientific Management. In 2009, only 27 shops offered Singles Day sales while in 2015, 40,000 retailers joined the movement. reward Google Search. We use cookies to ensure that we give you the best experience on our website. 0 Sincere compliments increase employee motivation and produce effective results. Similarly, employees, strategies, synergies, and systems form vital components in an organization setting. 5. Management Theory Influences Team Working. In the point view of organizational behaviour, it is obvious to see that Ma has applied an effective reward system into his company. Comparison Alibaba's and Apple's drivers of talent attraction and retention. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). But even by the end of 2000, Alibaba wasnt profitable. Behavioural Management Theory in Alibaba Company. 7 months ago, Posted 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. skills to the HR profession. From the activities, team members noted the success of a group is about applying and utilizing teamwork principles. Notably, to execute the duties collectively calls for effective strategies. And lastly, as thesixth strategy they decided to adopt encourage achievement through a rewarding system. But they didnt consider the Chinese people and were not appealing to their customers. html [Accessed: 05 Nov 2012]. Moreover, the adoption of the theory has enabled the company to attain improved leadership models. But the access to the Internet was minimal and convincing businesses for an online presence was a difficult task. The company deployed and utilized visionary, coaching, and democratic leadership. 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 . 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 corporation provides employees with several kinds of training programs, such as classroom training, e-learning, and seminars to help improve their skills and expertise. Let us help you get a good grade on your paper. com (2008). More so, they led and directed the group in professional ways. We use cookies to give you the best experience possible. Jack needed investors, and they were on a lookout for Asian Internet businesses. News. All Rights Reserved. 2 The psychological imbalance Employees of equal position and qualification serviced in the parallel department with the same salary may havequite different perceptions of the fairness. While if this ratio is unequal, it leads to equity tension which was called the negative tension state by Adam (1976). 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. 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