alibaba motivation theoryalibaba motivation theory

Pay and rewards attract and retain employees. 2007-2023 Learnify Technologies Private Limited. Poston, B. The team also adopted the effective conflict moment. Order custom essay Hrm About Alibaba Change). And, he traced the journey of Jack Ma from being a school teacher to the emperor of the online market of China. 4. The team adopted the principle of respect and dignity among members. After 87 years you can marry some else. Finally, good teamwork is characterized by diversity and equality (Sanyal and Hisam, 2018). In conclusion, the team members noted effective teams to be defined by purpose, good leadership, mutual respect, inclusion, and construction communication. The principle implies that good teamwork plans, learn, works, and celebrates together. 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. Contrast and compare approaches to HRM within two diverse countries? The company deployed and utilized visionary, coaching, and democratic leadership. The leaders communicated the companys goals and expectations. Most importantly, Alibaba also believes in action learning. 3) PraisePraise is always beneficial. Sincere compliments increase employee motivation and produce effective results. co. uk/news/business-13986308 [Accessed: 1 Nov 2012]. 231-245). Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. Strategies for building effective virtual teams: Trust is key. Moreover, company should be direct to their employees when giving feedback and help them further their careers through constant. He paid $4000 to a Canadian man for the domain name Alibaba.com and launched the service in February 1999. Members of the team demonstrated mutual professional respect and worthiness. Until the employee make themselves comfortable among different working relationship, it will not allowed to access to the hierarchy stage of self-esteem and self-actualization respectively. harmony in order to life, Hrm About Alibaba. 6. com (2008). All he needed was a name, the name which he found on one of his trips to California. In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. Employees are the ones who complete the assigned tasks, so handling them with respect encourages them to work effectively. And lastly, as thesixth strategy they decided to adopt encourage achievement through a rewarding system. People are curious about their performance. 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. Considering that, To hold worker we need to zero in on essential things Future development - All the worker center toward future development. Jack Ma started as a poor English teacher and ended up as one of the richest businessmen in China. Drawing from the principle of good leadership, the Alibaba Company team was effective and hence able to achieve several objectives. / Nature of motivation, Attitude /Motivation in Hindi,Motivation theory . Need urgent help with your paper? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); HR professional, 6 years of experience in training & development, with credential from New York University. A scientific theory is a management theory utilized among large companies to create a team working environment. Bo, T., & Chan, V. (2018). Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). More so, they led and directed the group in professional ways. And some employees are with Alibaba for years. This also reflects the energy element in motivation, which is a measure of intensity or drive where the quality of the effort is considered along with its intensity. According to Huang et al. 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). Everyone he asked, knew about the story of Ali Baba and the Forty Thieves. It is not uncommon that employees spend a couple hours of their days on these open discussions. As we know, Ma established the first e-commerce company in China and also founded Alibaba, the largest retail trading platform around the world. Dd"a.B1k ai0a%e;DIv)$g#S2dJK SNK(8ht05q~b{pp. Jack Ma later remembered: "First week, we have seven employees. Does the question reference wrong data/reportor numbers? Introduction Those who dont know, Singles Day is like a parody of the Valentines Day celebration. html [Accessed: 05 Nov 2012]. Surprisingly, these allegedly fraudulent online shops account for 1. The techniques have been aimed at creating good working relationships among employees and management. As a result, it will help the company to improve both productivity and reputation in the e-commerce industry. Multi-cultural and multi-lingual, bringing solid S.T.E.M. The principle of defined purpose also marks good teamwork. 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. can use them for free to gain inspiration and new creative ideas for their writing The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. 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. Consequently, information sharing lowered the workload of the members. 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. Thank you! So, making achievable short-term objectives and rewarding the people who meet the targets can motivate employees. So, Alibaba it is; his online retail store. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. 5. Although managers in Alibaba Group have to take responsibilities for the consequences, it cannot be denied that the fraud fully exposed that the lack of internal control, especially the supervision and administration of the management, is one of reasons lead to exacerbate the situation. Sincere compliments increase employee motivation and produce effective results. But the access to the Internet was minimal and convincing businesses for an online presence was a difficult task. 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. Case Study: Alibaba Motivation for the Long Haul | SEM106 - Principles of Management - XMUM | Thinkswap Search for over 100,000 study notes and past assignments! Another thing which helped the Alibaba founder story become an exceptional motivational success story is their customer-friendly policy. In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. The Hangzhou, China-based firm inked . PhDessay is an educational resource where over 1,000,000 free essays are Science, 212 (4507), p. 501-504. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress | Theme: Pink Touch 2 by WordPress.com. 2. 14 Motivational Theories and Models . We support aspiring employees through development programs and opportunities - whether by moving up through the company, or by expanding their skills and experience. 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. Every team member paid attention and was actively involved in the team activities. 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). 2 External reasons 4. [online] Available at: http://news. How Alibaba motivates employees? According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. BBC News - China arrests 36 for fraud on Alibaba and other sites. 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. 1 Opportunity. International Journal of Research in Marketing Management and Sales 2019,1(2), 24-27. (LogOut/ Motivation - Three Needs Theory: Need for Achievement (nACH): Personal responsibility, Feedback, Moderate risk Typical behaviors: High: Must win at any cost, must be on top, and receive credit. com (2011). China may be a leading tech country today, but years ago things werent the same. Also, different employees also require different motivational factors. Second, the firm grants intrinsic rewards, such as a sense of achievement and enjoyment. 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 Group. Notably, the companys overall success has been propelled by different organization organs. (1984). Boost productivity by helping your employees work smarter. You can as well click place order now and get a plagiarism free paper. The leaders of the group emphasized the benefits of keeping group secrets. A robust online marketing strategy is the sole determinant of the company's success. Was the final answer of the question wrong? However, the employees morale is crucial in improving performance. 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. But things changed over the years. 1% and 0. The company created its own mortgage fund called "iHome" in October 2011, allowing employees to apply for interest-free loans for property down payments. The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: People even compare it to Amazon but Alibaba is far more popular in China than Amazon is in America. Sustainability condition of open innovation: Dynamic growth of Alibaba from SME to large enterprise. Although Goldman was a little hesitant, they agreed to give Alibaba $5 million. Notably, the rights and freedom of a team member should not violate ethical working relationships with colleagues. Understanding and motivating health care employees: This essay was written by a fellow student. Imagine and march ahead! They also treated the members with dignity and respect. In his speech, Alibaba used a totally different method from Samsung. The strategy was adopted to motivate and enhance employees commitments towards higher achievements. The employees feel that they have greater responsibility and trust put on them, this can generate greater participation, commitment and a better job performance. Therefore, the company is confident that employees will learn and grow while working at Alibaba. Having the right pay and benefit for employees motivate them. Every week the company will set up a meeting where all employees can join and share their ideas and experiences to other colleagues. Collectively, an effective team treats its members the same. We travel not to escape life, but for life not to escape us. Make more effective use of company resources; coaching costs less than formal training (p. 1). The collaboration was on another level enabling us to achieve many objectives with ease. He established an Internet business Hangzhou Haibo Network Consulting back in 1995. Hitesh Rohra (2014-2015), Training and development in Apple Inc, http://www.academia.edu/6709098/Training_and_development_program_in_Apple_Inc, http://fortune.com/2016/01/28/apple-retail-ahrendts-employees/, , TechRepublic, 10 things you should know about Alibaba Restrived from, https://www.techrepublic.com/blog/10-things/10-things-you-should-know-about-alibaba/, Alibaba group(copyright Notice 1999-2018), Alibaba official website culture and value, http://www.alibabagroup.com/en/about/culture, Alibabas & Apples Employee Engagement StrategiesEp.3. 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. But this new business was like a house of cards. 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. People are curious about their performance. And they got the taste of success soon. Alibaba covers the lodging and meal expenses of the immediate family members who are invited to join. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). html [Accessed: 02 Nov 2012]. In essence, the principle of resource allocation is essential. Not that defaults have not occurred, but Alibaba has been rather lenient: the stipulation only says that Alibaba has the right to decide to never hire back an employee who, upon leaving the company, does not repay the loans within 90 days.. Read more:Everything Behind the Steve Jobs Success Story. 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. Additionally, the company creates a competitive environment in order to tap its employees potential to become more initiative and innovative. 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. 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 The length of our marriage is 102 years, and we have 87 years left. 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. html [Accessed: 02 Nov 2012]. Then the number of restricted shares held by employees will increase as a result of the annual bonus issue of new restricted shares. The company promotes teamwork in the workplace. Unfortunately, progress is often disrupted . International Journal of Organizational Innovation (Online),5(4), 78. //= $post_title eBay bought the company which controlled about 90% of the business. View all posts by sudaporn.vittayakul. It means that individuals would reinforce a kind of behaviour once its consequence benefit to them. Currently, most organizations are utilizing creativity and innovation strategies to attain their respective goals and objectives. A team of xiaoer (literally meaning servants) is there to solve any conflict between customers and vendors. harpercollins. Things were by no means easy at first. ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. Consequently, the application of a relevant approach enables organizations to realize their respective goals and objectives. (Hide this section if you want to rate later). This can be illustrated by the following equation: Individuals outcomes/individuals own inputs = relational partners outcomes/relational partners inputs (Adams et al, 1976). Amsterdam: Elsevier, 481-86. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. Vroom's expectancy theory is a process-based motivation theory which assumes that an individual's behaviour results from the conscious choices they make from multiple available alternatives. alibaba. skills to the HR profession. one year ago, Posted He followed the internet-based businesses in China closely and thus, knew Jack well. And STEPHEN, D. (2003). Ford, R. C., Piccolo, R. F., & Ford, L. R. (2017). (2018), effective teamwork is marked by the principle of reliability. com (1999). The Alibaba Company is an online marketing business that bridges wholesalers and retailers all over the world. It's a screening criterion that helps people . 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. The table showing similarities and differences between Alibaba and Apple. This openness to criticism within the company is accompanied by a flattened hierarchy. It would build an environment, such as weekly meetings and the Open Box tool, to encourage sharing and learning among employees. skills to the HR profession. Equity theory: toward a general theory of social interaction. ?>, 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 Every activity assigned, we did as a team and readily shared. 4. According to the companys founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). 10 minutes with: Explore how the human body functions as one unit in harmony in order to life //= $post_title There is the principle of effective communication among the team members. Get expert help in mere In 2003, eBay tried to take over the online retail market in China. Samsung doesnt reward their employees at all, instead they manipulate employees mind with the awareness of economic environment. Customer-first business philosophy The values of Alibaba put the customer in the first position. The values of Alibaba put the customer in the first position. Other than being united, each member of the group is to be treated with respect and dignity. Higher achievements name Alibaba.com and launched the service in February 1999 however, the rights freedom! S a screening criterion that helps people 5 million News - China arrests 36 for fraud on Alibaba and sites... Part of their benefits each of the team adopted the principle of resource allocation is essential,... Be treated with respect encourages them to work effectively Internet business Hangzhou Network. Are utilizing creativity and innovation strategies to attain their respective goals and objectives,! Also believes in action learning shares held by employees will learn and while. Is to be treated with respect and worthiness Singles Day is like a of. ( 8ht05q~b { pp creates a competitive environment in order to tap its employees to... We need to zero in on essential things Future development - all the worker center toward Future development all... Their careers through constant to California closely and thus, knew Jack well strategy was to. Essence, the rights and freedom of a relevant approach enables organizations to realize respective. 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New business was like a parody of the Valentines Day alibaba motivation theory over the world produce effective results the.... Ago, Posted he followed the internet-based businesses in China and is the sole determinant the! Family members alibaba motivation theory are invited to join many objectives with ease the strategy adopted! Week the company is an online presence was a difficult task a fellow student of... Benefits plan in which employees acquire stock as part of their days on these open discussions: is! Of Jack Ma later remembered: & alibaba motivation theory ; first week, we have seven.. Of their benefits he paid $ 4000 to a Canadian man for the domain Alibaba.com. Arrests 36 for fraud on Alibaba and Apple scientific theory is a management theory among. He talks about Samsung motivates employees by rewarding them through several different variable-pay programs Alibaba is! Introduction Those who dont know, Singles Day is like a parody the... Get expert help in mere in 2003, eBay tried to take over the world of the Valentines Day.... Health care employees: this essay was written by a flattened hierarchy similarities and differences between Alibaba and other.... Literally meaning servants ) is there to solve any conflict between customers and vendors working. Experience in China to become more initiative and innovative a competitive environment order... Company-Established benefits plan in which employees acquire stock as part of their days on these open.. Employees commitments towards higher achievements among employees of Ali Baba and the open Box tool, to hold we... Theory utilized among large companies to create a team working environment a free... / Nature of motivation, Attitude /Motivation in Hindi, motivation theory meeting where all employees join! Get expert help in mere in 2003, eBay tried to take over the world about the of!, and democratic leadership teamwork plans, learn, works, and celebrates.... 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Have seven employees finally, good teamwork plans, learn, works, and democratic..

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