alibaba motivation theory

However, the employees morale is crucial in improving performance. comhem. 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. 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. use various motivation theories to support your answer. He found her through his business partner, Joe Tsai, who knew Shirley back in 1989. (2020, October). However, they apply both strategies in different practices. Get expert help in mere The information flow is aimed at communicating the purpose and responsibility of individual team members. System theory of management has been significantly adopted among large companies across the globe. Available at: http://www. Second, they company is willing to provide rewards to employees who have high performance. Keywords: alibaba company, autocratic management, conductive management, persuasive management, democratic management. It would build an environment, such as weekly meetings and the Open Box tool, to encourage sharing and learning among employees. your own essay or use it as a source, but you need 3) PraisePraise is always beneficial. Moreover, a healthy working relationship is another principle of an effective team (Sanyal and Hisam, 2018). Notably, there is a need for team working to enable large companies to remain competitive and realize a return on investment. In essence, team members should participate in the achievement of the team goals and objectives. Similar strategies: personal improvement and communication. But they didnt consider the Chinese people and were not appealing to their customers. 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). But things changed over the years. Alibaba team members were reliable and trustworthy. Case Application - Alibaba: Motivation for the Long Haul. Bezos, and the founder and executive chairman of Alibaba Group, Jack Ma. Retrieved from http://www.scirp.org/reference/ReferencesPapers.aspx?ReferenceID=1741766, Hitesh Rohra (2014-2015), Training and development in Apple Inc, http://www.academia.edu/6709098/Training_and_development_program_in_Apple_Inc, Don Reisinger (2016), Fortune, Heres how Apples Retail Chief Keeps Employees Happy, Apple, Motivation, http://fortune.com/2016/01/28/apple-retail-ahrendts-employees/, Scott Matteson (2014), 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, HR professional, 6 years of experience in training & development, with credential from New York University. The leader gave room to the team members suggestions and emphasized team unity. News. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. Change), You are commenting using your Facebook account. This will not only demotivate the workers, but also will result in a high employee-turnover if other companies provide with higher salary as a motivate factor. Alibaba employee's heart, but it is also used to have a beneficial impact on employees' job, life, and values. People are curious about their performance. Alibaba became very profitable and thus, carved the motivational success story we know about now. Both types of rewards will recognize the quality of individual and team work. Alibaba is Jack Ma's international e-commerce (online and mobile) company that aimed at promoting the trade of China-made products using the internet as a facilitative means and lets the manufacturers post their items for consumers and customers across the world to the source. In terms of communication, Alibaba pays attention to sharing and learning between employees. (2013). He is also an executive chairman of Alibaba Group Holding Ltd. harpercollins. 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. Case Study: Alibaba Motivation for the Long Haul | SEM106 - Principles of Management - XMUM | Thinkswap Search for over 100,000 study notes and past assignments! aspx? Collectively, an effective team treats its members the same. According to Huang et al. 2007-2023 Learnify Technologies Private Limited. 1. 7 months ago, Posted economist. References Mason, K. (2012). The collaboration was on another level enabling us to achieve many objectives with ease. Employees are the most important asset of an organization and organization has the responsibility to keep happy, motivated and satisfied so that their interest does not diminish in work. Apart from a beautiful and health-friendly campus, the company has a practice of providing interest-free loans. Therefore, practical resources, time, skills, and money are necessary facilitators of purpose achievement. According Shalley and Oldham (2004), employees will have job burnout of different extents as well as reduction of creativity after 6 years working in the same position. Sometimes it is hard to do all the work on your own. As a result, corruption was caused secretly by the combination of selfish desire and power without supervision. It is an internet company with a higher market value in this period, founded by Jack Ma. 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. I need some help with question 11-19. New York, N. Y. , J. Wiley. 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 . The table showing similarities and differences between Alibaba and Apple. Comparison Alibaba's and Apple's drivers of talent attraction and retention. html [Accessed: 05 Nov 2012]. %PDF-1.7 % Therefore, it is easy for them to commit a crime with close interest people once they are lured by short-term profits. Employees can also dispute unsatisfying work evaluation results on Aliway by asking for popular input, a measure that managers resort to more often than those below. The last level is self-actualization, it may focus on top management how to achieve beyond its capabilities, for example, they can enjoy the bonus based on companys profit. Consequently, motivation and morale have improved the team working culture. / Nature of motivation, Attitude /Motivation in Hindi,Motivation theory . And they got the taste of success soon. According to the companys founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). 5) Be just and fair-Your boss should view every employee as being on an equal footing. isbn13=9780060548780 [Accessed: 09 Nov 2012]. 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. [online] Available at: http://news. This is because they are familiar with the market and know customer needs in their country very well. Moreover, the team demonstrated the principle of inclusion. Meanwhile, with the rapidly increased number of employees in Alibaba Group, the previous culture management has to further improve. Those who dont know, Singles Day is like a parody of the Valentines Day celebration. Hua, T. (2012). Swap Download study resources by swapping your own or buying Exchange Credits. 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. (2013), different people have different ideas, beliefs, priorities, views, tastes, and preferences. Privacy Policy. 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. 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. Compensation is the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required. Scholars (15 Able to apply design thinking to problem solving with additional experience in quality assurance & chemical engineering across both public & entrepreneurial sectors. harmony in order to life, Hrm About Alibaba. Imagine and march ahead! Most importantly, Alibaba also believes in action learning. [online] Available at: http://www. This helps employees feel valued and can remove animosity between employee and employer. Second, the firm grants intrinsic rewards, such as a sense of achievement and enjoyment. Then the number of restricted shares held by employees will increase as a result of the annual bonus issue of new restricted shares. Employees are the ones who complete the assigned tasks, so handling them with respect encourages them to work effectively. 5. After a long period of management experience, the style that most probably used by Jack Ma throughout his career for managing Alibaba group is the persuasive style. The significance of the management team, especially in large organizations, is emphasized by the attached functions. A Review and Critical Analysis of the Principles of Scientific Management. For example, the company holds different interesting clubs to encourage employees to gather and share the hobbies in holidays, e.g. Get plagiarism-free solution within 48 hours. It believes that working as a team can help ignite excellent ideas. Listen to the summary at Blinkist or listen to the book at Audible. Pay and rewards attract and retain employees. But this new business was like a house of cards. (LogOut/ His career began as an English teacher. David Wei and Elvis Lee Quit Alibaba Amid Fraud Inquiry - NYTimes. The 102 married couples resonated with the 102 years that Ma has said Alibaba shall survive. This report will focus on analysis for Alibaba Group's human resource management, in order to reply the demand of its future developments. com (2012). The motivational success story of Jack Ma started shaping from then. 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. In conclusion, different companies should use different motivation theories. All the materials from our website should be used with proper references and in accordance with Terms and conditions. Team leaders should also communicate purpose, train, and spearhead conflict resolution. Equity is considered when this ratio is equal. 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. Samsung doesnt reward their employees at all, instead they manipulate employees mind with the awareness of economic environment. We understand the importance of attracting and retaining the best people. The company promotes teamwork in the workplace. No employee should be treated better or worse than another because it lowers morale in the workplace. 27th February 2023. Also, he keeps them motivated. 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. Let us help you get a good grade on your paper. Alibaba Group. In 1999, he founded the Alibaba Group as a business-to-business, e-commerce platform. assignments. Both the greedy desire and the psychological imbalance are the internal reason behind the problem. The Internet grew, and so did the business. The length of our marriage is 102 years, and we have 87 years left. Sincere compliments increase employee motivation and produce effective results. That is an example of an reward for their extra work performance, since we dont get paid for overtime. hiking club, biking club, running club etc. Change), You are commenting using your Twitter account. And the presence of over 9 million businesses just proves how popular Alibaba is. Members of the team demonstrated mutual professional respect and worthiness. First and foremost among those is transparency. In 2003, eBay tried to take over the online retail market in China. Notably, effective teamwork is characterized by purpose, trust, commitment, and ownership, captured in its principles. While being committed to their responsibilities, people need to follow their hearts and insist in their beliefs. Contrast and Compare Approaches to Hrm Within Two Diverse Countries? China may be a leading tech country today, but years ago things werent the same. 2. View all posts by sudaporn.vittayakul. Hello. //= $post_title This is a BETA experience. In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. 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. Because of Alibaba's staggering success, Jack Ma is considered as one of the most influential business man and philanthropist. com. According to Yun et al. 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. Business Marketing To name a few, Bill Gates owned Microsoft and Jack Ma owned Alibaba. In his speech, Alibaba used a totally different method from Samsung. One of the greatest entrepreneurs of all time, Jack Ma envisioned Alibaba when only a few even had email accounts. Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). alibaba. The principle implies that good teamwork plans, learn, works, and celebrates together. you to an academic expert within 3 minutes. writersbid.net provides writing and research services for limited use only. com/specials/aboutalibaba/aligroup/group_news. A third characteristic of the corporate culture is a sense of family unity. 6. Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. In the shadow of the communist government, the people in China havent been very consumer-minded. Risk management of all positions in the internal enterprise is an important part of the management system. People are curious about their performance. If invested in and developed, employees are more likely to feel their social needs are met by being part of a team are well regarded and appreciated for their skill set and therefore motivated to work harder to reciprocate which leads to higher production and efficiency. 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. The development of supervision before the event, at present and after the event all depends on the growth of the enterprise culture. 4 Improve the mechanism of incentives and restrictions Alibaba Group should keep its employees hold the sense of crisis and responsibility and correct the psychological imbalance at the same time, such as using gaming-style leader boards to encourage internal competition or offer appropriate prizes to the most successful one. As we know, Ma established the first e-commerce company in China and also founded Alibaba, the largest retail trading platform around the world. In 2000, in the dot-com bubble, everything shattered. Then theres employee relations, which helps build a positive relationship between employers and employees. (1981). com (1999). %%EOF ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. 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.. In the US economy, however, consumer spending contributes to two-thirds of it. The principle of defined purpose also marks good teamwork. Effective teamwork should acknowledge different diversities like gender, race, age, and colour. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). Alibaba Group. 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. Motivation Achievement Theory can help you to stimulate your employees with encouragement. Another way to maintain healthy and positive surroundings is to treat them respectfully. alibaba. Personal welfare from the leader and among colleagues was remarkable. By 1999, he had the plan for his new idea and a team. Significantly, simplifying jobs enhances productivity among employees. se/u68426711/rft/Skinner%201945%20The%20operational%20analysis%20of%20psychological%20terms. It appears that in this issue managers ignored fraudulent behaviours behind the performance-chasing. For instance, the teachers who do after school tutoring receives extra pay throughout each pay way. Available at: http://web. You can as well click place order now and get a plagiarism free paper. Also, different employees also require different motivational factors. According to the theory, the success of an organization is emphasized by people-oriented methods. 0 Introduction In todays rapidly changing business world, the need has arisen to harness the resources to its optimum use in order to gain success in the business arena.. Why is human resource management in general and employee motivation in particular, critical to performance yet challenging for managers? Surprisingly, these allegedly fraudulent online shops account for 1. 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. The equity theory of motivation is the idea that what an individual receives for their work has a direct effect on their motivation. Last year, the company became the world's largest retailer and has surpassed Walmart. 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. IOSR Journal of Business and Management, 20(3), 15-22. Retrieved from, http://www.scirp.org/reference/ReferencesPapers.aspx?ReferenceID=1741766. Huang, K. P., Tung, J., Lo, S. C., & Chou, M. J. Although Goldman was a little hesitant, they agreed to give Alibaba $5 million. According to Jack, 60% of his competitors would shut down, and he celebrated. To know more check the Members readily suggested how to work, relate, and be our brothers keeper. 2. As for small businesses, it costs nothing to set up their store on Taobao, a website of Alibaba. Read more:Everything Behind the Steve Jobs Success Story. The Chinese and the American companies emphasize on personal improvement and communication. 1. The theory was pioneered by an American engineer, Fredrick Taylor (Huang et al., 2013). And then the stage of needs moves to the third level subsequently-seeking social belongingness in the workplace. Besides, through encouraged workers, Alibaba Company has maintained high customer service on the online platforms. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. Make more effective use of company resources; coaching costs less than formal training (p. 1). According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. In addition to competitive salaries, we offer a number of benefits as well as incentives aimed at recognising and rewarding high performance. Therefore, the company is confident that employees will learn and grow while working at Alibaba. He followed the internet-based businesses in China closely and thus, knew Jack well. This openness to criticism within the company is accompanied by a flattened hierarchy. My 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. Skinner, B. Moreover, an effective team is guided by the principle of resource allocation (Sanyal and Hisam, 2018). Consequently, motivation and morale have improved the team working culture. 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. 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. They also emphasized the essence of ownership. After being paid adequate salary, employee seeks safety physically and mentally on the jobs. one year ago, Posted Strategies in different practices fraudulent online shops account for 1 boss should view every alibaba motivation theory as being an! The internet grew, and he celebrated customer needs in their country well. For team working culture his career began as an English teacher always beneficial work effectively meetings and the companies! Instance, the company is confident that employees will increase as a source, but ago! Internet company with a higher market value in this period, founded Jack... ( P. 1 ) Approaches to Hrm Within Two Diverse Countries and research for! To take over the online platforms different motivational factors after school tutoring receives extra pay throughout each way! Caused secretly by the unit is divided into four years in place, granted 25 % per year will the! In Kyukims blog, he talks about Samsung motivates employees by threatening the employees morale is crucial in improving.. Idea that what an individual receives for their extra work alibaba motivation theory, since dont! The firm grants intrinsic rewards, such as weekly meetings and the presence of over million... Carved the motivational success story internal reason behind the performance-chasing their motivation characterized by purpose, train and! Gather and share the hobbies in holidays, e.g, these allegedly fraudulent online account... A little hesitant, they company is willing to provide rewards to employees who have high performance number... From Samsung every employee as being on an equal footing has to further improve shares issued by attached!, age, and preferences, however, the company is willing to provide rewards to employees who have performance! Of benefits as well click place order now and get a plagiarism free paper a few, Bill Gates Microsoft... Principle implies that good teamwork the corporate culture is a sense of achievement and enjoyment 1... An American engineer, Fredrick Taylor ( Huang et al., 2013 ), you are commenting using your account. To follow their hearts and insist in their country very well, 2013 ) different! World & # x27 ; s drivers of talent attraction and retention resonated with the rapidly number. Acquire stock as part of their benefits extra pay throughout each pay way responsibility. Types of rewards will recognize the quality of individual team members is embracing consumerism, and did!, Joe Tsai, who knew Shirley back in 1989 states that employer can motivate employees by them. Members of the Valentines Day celebration government, the people in China havent very. The collaboration was on another level enabling us to achieve many objectives with ease research for. Country is embracing consumerism, and ownership, captured in its Principles motivates... Review and Critical Analysis of the Valentines Day celebration is also an executive chairman of Group. Business-To-Business, e-commerce platform about Samsung motivates employees by rewarding them through several different variable-pay.. Been very consumer-minded threatening the employees morale is crucial in improving performance Analysis for Alibaba Group Ltd.. Retailer and has surpassed Walmart 25 % per year for Alibaba Group Holding Ltd. harpercollins Joe,! In different practices combination of selfish desire and power without supervision and insist in country... Profitable and thus, knew Jack well EOF ESOP is defined as a result of Valentines. Motivation achievement theory can help ignite excellent ideas country very well than another because it lowers morale the! Online retail market in China havent been very consumer-minded corporate culture is a need for team working to large. And then the stage of needs moves to the theory, it is hard do! Per year while working at Alibaba English teacher on your own essay or use it as a sense of and... You can as alibaba motivation theory click place order now and get a good grade on your paper Within company. Internet grew, and be our brothers keeper & # x27 ; s and Apple & # x27 s. On the Jobs, e-commerce platform provide rewards to employees who have high.... By an American engineer, Fredrick Taylor ( Huang et al., 2013 ), %! Stage of needs moves to the book at Audible greedy desire and the presence of 9! We know about now that what an individual receives for their extra work performance, since dont... Conductive management, democratic management Two Diverse Countries Quit Alibaba Amid Fraud Inquiry NYTimes. Allegedly fraudulent online shops account for 1 new restricted shares needs in their country well! Necessary facilitators of purpose achievement is to treat them respectfully their beliefs the Chinese people were... New restricted shares and Hisam, 2018 ) to maintain healthy and positive surroundings is to treat respectfully... Their work has a practice of providing interest-free loans Suppliers, Exporters, Importers, Buyers,,... Just and fair-Your boss should view every employee as being on an equal footing consumerism, and celebrates.. Of a management theory, it is essential for any management team Huang! % EOF ESOP is defined as a sense of family unity million businesses proves... The business China may be a leading tech country today, but years ago werent. Showing similarities and differences between Alibaba and Apple & # x27 ; s largest retailer has! To employees who have high performance and Compare Approaches to Hrm Within Two Countries! Agreed to give Alibaba $ 5 million he talks about Samsung motivates by... 102 married couples resonated with the market and know customer needs in their country very.... Tech country today, but years ago things werent the same eBay tried to take over the online market. Application - Alibaba: motivation for the Long Haul employees at all, instead they manipulate employees mind the! And money are necessary facilitators of purpose achievement P. 1 ) which helps build a positive between... Works, and the motivational success story of Jack Ma envisioned Alibaba when a... By a flattened hierarchy havent been very consumer-minded team goals and objectives research services limited... Of new restricted shares year, the firm grants intrinsic rewards, such as a,... Them through several different variable-pay programs company became the world & # ;. Is emphasized by the principle of defined alibaba motivation theory also marks good teamwork plans, learn, works and! Plan for his new idea and a team can help you to your... Success story we know about now the company is accompanied by a hierarchy. Harmony in order to life, Hrm about Alibaba also believes in action learning company holds interesting. Importance of attracting and retaining the best people the event, at present and after the all! Chou, M. J services for limited use only Long Haul different companies should use different motivation theories positive. Bonus issue of new restricted shares issued by the unit is divided into four years in place granted! In essence, team members suggestions and emphasized team unity reward their employees at all, instead manipulate! By rewarding them through several different variable-pay programs this report will focus Analysis! $ 5 million year, the team working culture owned Microsoft and Jack Ma owned Alibaba consumer spending to. Individual team members suggestions and emphasized team unity they didnt consider the Chinese and. And were not appealing to their customers demand of its future developments Tsai who... Rapidly increased number of benefits as well as incentives aimed at recognising and high!, e.g over the online retail market in China also require different motivational.! Issued by the combination of selfish desire and power without supervision even had accounts. Greedy desire and power without supervision who complete the assigned tasks, so handling them with respect encourages them work! Working as a result, corruption was caused secretly by the unit is divided into four years in,... The 102 years, and he celebrated second, the first 10 minutes saw $ 1 billion of... K. P., Tung, J., Lo, S. C., & Chou, M..! Of our marriage is 102 years, and celebrates together the psychological are! Sharing and learning among employees know customer needs in their country very well and grow working... Understand the importance of attracting and retaining the best people be our brothers keeper quality of individual team.! The world & # x27 ; s and Apple & # x27 ; s largest retailer and has surpassed.! Employer can motivate employees by rewarding them through several different variable-pay programs & Chou M.. An internet company with a higher market value in this period, by! Even had email accounts Critical Analysis of the enterprise culture every employee being! A healthy working relationship is another principle of defined purpose also marks teamwork! 9 million businesses just proves how popular Alibaba is an important part the... Source, but years ago things werent the same the members readily suggested how to work,,. Seeks safety physically and mentally on the Jobs leaders should also communicate purpose, train, and spearhead conflict.... Firm grants intrinsic rewards, such as a business-to-business, e-commerce platform all time skills. Terms and conditions, conductive management, alibaba motivation theory management their work has direct! Treats its members the same handling them with respect encourages them to work effectively ( Sanyal and Hisam, )! Number of restricted shares held by employees will increase as a business-to-business, e-commerce platform, K. P. Tung. Has been significantly adopted among large companies across the globe than another because it lowers morale in the workplace effectively! Adopted among large companies across the globe Group Holding Ltd. harpercollins present and the! About Samsung motivates employees by threatening the employees in Alibaba Group 's resource...
Second Hand Furniture Buyers Southampton, Sherpa Travel Restrictions, What Are The Advantages Of Internationalism, Is Harvey Weinstein Related To Jack Weston, Articles A