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. Other than being united, each member of the group is to be treated with respect and dignity. pdf [Accessed: 06 Nov 2012]. Pay and rewards attract and retain employees. Thus, if the pre-supervision runs into a problem, it represents the failure in enterprise culture management. 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 Privacy Policy. with free plagiarism report. Springer, Cham. The leader gave room to the team members suggestions and emphasized team unity. harpercollins. 48 Vitosha Boulevard, ground floor, 1000, Sofia, Bulgaria Bulgarian reg. Consequently, information sharing lowered the workload of the members. A third characteristic of the corporate culture is a sense of family unity. International Journal of Organizational Innovation (Online),5(4), 78. Graduate of Chulalongkorn University. html [Accessed: 05 Nov 2012]. by April of 2014, a total of 3,852 employees have been provided more than $150 million of loans. One of the greatest entrepreneurs of all time, Jack Ma envisioned Alibaba when only a few even had email accounts. 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. 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. Training and development has a positive impact on employees, this shows investment from the employer and enhances career progression. Write 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. In the earlier days the names came from novels of Chinese martial arts. Moreover, when employees are kept happy and satisfied then their productivity rises as they feel that the company has given them the importance. International Encyclopedia of the Social & Behavioral Sciences, 2nd ed. Essentially, several management theories have been adopted to create enabling environment among the many employees. New York, N. Y. , J. Wiley. The forth level is esteem needs. Definition: hbbd```b``"H XL*Hi` Td,\ 6ADrEHdizlQ)fN RD@: = '?d7 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. Bo, T., & Chan, V. (2018). Second, they company is willing to provide rewards to employees who have high performance. It also assigns challenging and difficult tasks and cultivate a sense of entrepreneur in its employees. Bbc. People are curious about their performance. In 2000, in the dot-com bubble, everything shattered. He followed the internet-based businesses in China closely and thus, knew Jack well. (2020). In conclusion, different companies should use different motivation theories. In the earlier days the names came from novels of Chinese martial arts. This is because they are familiar with the market and know customer needs in their country very well. In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. And, he traced the journey of Jack Ma from being a school teacher to the emperor of the online market of China. 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. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. Moreover, the company also listens to employees opinions no matter they are in an entry position. Customers Value Co-creation in Automotive Sectorthe Case Studies of BMW Co-creation Lab and Volkswagens Peoples Car Project in China. Develop a deep bench of talent who can step into your shoes as you advance in the company. 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. Management theory is a concept that acts as a pathway for managers to efficiently and effectively create teamwork (Greve and Argote, 2015). Yun, J. J., Zhao, X., Park, K., & Shi, L. (2020). A scientific theory is a management theory utilized among large companies to create a team working environment. On the one hand, the management and supervision system has problems. In terms of recognition, Apple provides this strategy with two kinds of rewards. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. 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. European Journal of Marketing, 46 (7), p. 684-711. The leadership of Alibaba, from the founder to the operational management, has adopted an enabling working environment through scientific management theory. Relating to the principle of collaboration is essential in attaining and maintaining a productive group. com/specials/aboutalibaba/aligroup/group_news. com, Juhuasuan, e-Tao and Alibaba Cloud Computing (News, 2012). Therefore, it is why some leading cadres at Alibaba Group may feel unbalanced and help to defraud which negatively impact on the credibility of the company. 1 The greedy desire It is difficult to satisfy individual demands because everyone would move to the next more advanced platform of the hierarchical pyramid that Maslow created frequently once the prior need is met, especially in modern society. Thank you! %PDF-1.7 % There are essential principles of effective teamwork. Team leaders should also communicate purpose, train, and spearhead conflict resolution. Alibaba employees are motivated through good salary packages and involvement in decision-making. While if this ratio is unequal, it leads to equity tension which was called the negative tension state by Adam (1976). Hes an investment banker with over 20 years of experience in China and is the writer of this Jack Ma book Alibaba. org/publications/Journal%20Archive/2009/8_August_2009/CE. collected. Available at: http://www. Do you need high quality Custom Essay WritingServices? System theory of management has been significantly adopted among large companies across the globe. The company deployed and utilized visionary, coaching, and democratic leadership. And the presence of over 9 million businesses just proves how popular Alibaba is. All Alibaba employees, regardless of their positions, can hammer problematic products on the companys internal communications platform Aliway, while the product development team may defend themselves. Submit your documents and get free Plagiarism report, (Rate this solution on a scale of 1-5 below). 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. Ford, R. C., Piccolo, R. F., & Ford, L. R. (2017). This is a BETA experience. (2017, Jan 13). More importantly, although the two giant companies share common strategies, they implement them in different ways. 3) PraisePraise is always beneficial. Equity theory: toward a general theory of social interaction. 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 . First, the company gives extrinsic rewards, such as money, gifts, or bonuses. 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. International Journal of Research in Marketing Management and Sales 2019,1(2), 24-27. [online] Available at: http://www. 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. The Effects of Personal and Contextual Characteristics on Creativity: Where Should We Go from Here? Apart from a beautiful and health-friendly campus, the company has a practice of providing interest-free loans. Management Theory Influences Team Working. Due to the theories of human resource management are not fully understood, the analysis of the case study about the Alibaba Group is not in-depth and incomplete. eBay bought the company which controlled about 90% of the business. aspx? Drawing from the principle of good leadership, the Alibaba Company team was effective and hence able to achieve several objectives. 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 . Read more:Everything Behind the Steve Jobs Success Story. com (2012). Moreover, an effective team is guided by the principle of resource allocation (Sanyal and Hisam, 2018). Different strategies: enjoyment (Alibaba) and recognition (Apple). Study Study from your library anywhere, anytime. Recommendations 6. astd2007. But this new business was like a house of cards. 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. The table showing similarities and differences between Alibaba and Apple. 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 5) Be just and fair-Your boss should view every employee as being on an equal footing. According to the companys founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). Motivation Alibaba Jack Ma adopts David McClelland's 3 Needs Theory. The techniques have been aimed at creating good working relationships among employees and management. Consequently, as a result of motivation, the company has significantly increased its production frontier. It is an internet company with a higher market value in this period, founded by Jack Ma. References Mason, K. (2012). In other words, members of an effective team can be trusted with team secrets and group resources like money and stationery. Belief in an employee is appropriate if they are capable. If you continue to use this site we will assume that you are happy with it. Comparison Alibaba's and Apple's drivers of talent attraction and retention. 2) Give individuals more freedom - When people feel in control of their lives, they are more motivated and happier. 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. Case Study: Alibaba Motivation for the Long Haul | SEM106 - Principles of Management - XMUM | Thinkswap Search for over 100,000 study notes and past assignments! Consequently, the team was not able to meet the predetermined. With so much going on, we also recognise the need for balance so we offer a range of services and benefits that help our employees get the most out of working at TNB. In Skinnners reinforcement theory, Skinner (1984) has drawn attention to the fact that appropriate reinforcement based on public consequence may influence verbal response. hiking club, biking club, running club etc. Change). [online] Available at: http://www. Both the greedy desire and the psychological imbalance are the internal reason behind the problem. Apart from these clubs, the company also organizes annual dinner in order to offer a chance for different departments gather together in a relax atmosphere. Understanding a given management theory helps large companies influence productivity, staff participation, and simplified decision-making through collaboration. Business Management, Iss. The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: Sustainability condition of open innovation: Dynamic growth of Alibaba from SME to large enterprise. ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. So, Alibaba it is; his online retail store. Alibaba may maintain original practices and add new strategies. With a futuristic mindset, Jack founded Alibaba back then, in 1999. Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). The significance of secrecy resulted in group uniqueness and creativity. 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. Many Internet companies lost substantial money, and many lost their business. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. Jack, however, wasnt an entrepreneur right from the start. 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. For example, for self-improvement Alibaba may provide training, mentoring, and learning to employees. (Hide this section if you want to rate later). In conclusion, the adoption of behavioural theory in Alibaba improved teamwork, translating to goals and objectives achievement. 1% and 0. 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. 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). Tien, N. H. (2020). But those soon ran out as the size of the work force expanded. number: 206095338, E-mail us: They are too abstract and theoretical that are not seen as scientific, feasible suggestions in practice. Make more effective use of company resources; coaching costs less than formal training (p. 1). You can use it as an example when writing Twitter The principle of defined purpose also marks good teamwork. Behavioral and Brain Sciences, 7 (4), p. 547-553. Contrast and Compare Approaches to Hrm Within Two Diverse Countries? Employees are the ones who complete the assigned tasks, so handling them with respect encourages them to work effectively. When an employee is hired, their giving a hand booklet of the companys. My And they got the taste of success soon. 6. Moreover, the services were costly and Internet connections unreliable. Persistence is the continued effort toward a goal even though obstacles may exist. alibaba. But within these 87 years, you cannot change your mind.. The merchants, however, can pay to get themselves featured. But things changed over the years. 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. Therefore, it points out that Alibaba and Apple have both similar and different strategies in attracting and retaining employees. 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. Market research about. 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. The Chinese and the American companies emphasize on personal improvement and communication. Therefore, it implies that the management team should readily deploy applicable and relevant management theories to create a team working culture. So, he went to the US for inspiration. The Internet grew, and so did the business. 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. 1. 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. Notably, there is a need for team working to enable large companies to remain competitive and realize a return on investment. In terms of self-improvement, Alibaba focuses on mentoring and learning. Moreover, the report has only provided superficial explanations of the issue because of the insufficient knowledge of Alibaba Group and the limitation of those methods linked with. A service designed for small businesses. Then we have compensation and benefits, is reward to an employee for their achieved performance and their hard work. 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. 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. economist. With the early success of corrupt deals by heads of the sales department at Alibaba, they would have an addictive sense of satisfaction and accomplishment which lead to those guilty behaviours for greater interest repeat again and again naturally. Alibaba team members were reliable and trustworthy. In 2003, eBay tried to take over the online retail market in China. isbn13=9780060548780 [Accessed: 09 Nov 2012]. Dewalska-Opitek, A. The leaders of the group emphasized the benefits of keeping group secrets. Alibaba Company is one of the largest companies in the online commerce industry and the global scope. Assuming the organization have optimistic thoughts and future Posted Essay. hXr:~ 0+ya M8P1$vn3V]i%}j])8L Then the number of restricted shares held by employees will increase as a result of the annual bonus issue of new restricted shares. No employee should be treated better or worse than another because it lowers morale in the workplace. Order custom essay Hrm About Alibaba Save time and let our verified experts help you. Need for Power (nPOW): Influence, Competitive Typical behaviors: Besides, relevant department would better assign a special supervisor to investigate the staff on suspicion of corruption. 10 minutes with: Explore how the human body functions as one unit in harmony in order to life //= $post_title 4. 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. The company promotes teamwork in the workplace. Workers can be joyful and productive in a surrounding that values the necessity to balance leisure and work (Ranade, 2022). We understand the importance of attracting and retaining the best people. Additionally, the company should provide either intrinsic or extrinsic rewards to employees to recognize their performance. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. 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? Alibaba used the huge opportunity that Singles' Day offers and reaped the reward. In terms of fun, Alibaba promotes this strategy in two ways. However, it is difficult to transform corporate culture into practice to some extent. It implies that the efforts and ideas are not channelled towards purpose realization. HRM Approaches in different Work systems: A comparing between fabrication works and name Centre of high street bankTinging WangAs Peter Boxall and John Purcell ( 2008 ) mentioned in literature,. The team adopted the principle of respect and dignity among members. Another way to maintain healthy and positive surroundings is to treat them respectfully. 6. According to Sanyal and Hisam (2018), the significance of any teamwork lies in its effectiveness. But even by the end of 2000, Alibaba wasnt profitable. The interest was to extend beyond official working hours to ensure the security of the team. First, the company encourages employees to follow their passions. Moreover, behavioural management theory is adopted in large organizations likes Apple, BMW, and Kentucky Fried Chicken (KFC) (Greve and Argote, 2015). 3. However, employees create the best elements crucial in attaining success in the organizational departments, workshops, and business units. All he needed was a name, the name which he found on one of his trips to California. They also emphasized the essence of ownership. It means that individuals would reinforce a kind of behaviour once its consequence benefit to them. The strategy was adopted to motivate and enhance employees commitments towards higher achievements. Teamwork is one of the fundamental determinants of quality human resources in an organizational setting. In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. The purpose of this paper is to discuss innovation strategies and to answer the question of what innovation strategy Alibaba uses. , 7 ( 4 ), 78 the Effects of Personal and Contextual Characteristics Creativity. 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Matter they are familiar with the market and know customer needs in country! So, Alibaba it is ; his online retail store international Encyclopedia of the corporate culture practice... 1 ) significantly increased its production frontier dot-com bubble, everything shattered about. Of Chinese martial arts so, he went to the us for inspiration the Steve Jobs Story... Variable-Pay programs group uniqueness and Creativity $ 150 million of loans to work effectively was called negative. And let our verified experts help you man, goes by Old Xiao deployed and utilized visionary coaching... Chapter 5, it is ; his online retail store to meet the predetermined recognition Apple. Is Xiao Yao Zi, or bonuses reinforce a kind of behaviour once its consequence benefit to.... Of good leadership, the Alibaba company team was not able to the. Attaining and maintaining a productive group scientific theory is a need for team working.! 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Environment through scientific management theory utilized among large companies to remain competitive and realize return... Learning to employees we have compensation and benefits, is reward to an employee for their performance! Was like a house of cards kinds of rewards purpose of this Jack Ma envisioned Alibaba when a... 46 ( 7 ), 24-27 from being a school teacher to the us for inspiration 3,852 employees have aimed. Marks good teamwork one year after he or she receives the restricted shares issued by the end 2000... Benefits of keeping group secrets it also assigns challenging and difficult tasks and cultivate a sense of in... Down into simple activities Brain Sciences, 2nd ed Internet connections unreliable the business needs in their country very.... Email accounts and Volkswagens Peoples Car Project in China and is the continued effort toward a theory! Internet company with a futuristic mindset, Jack Ma envisioned Alibaba when only a few even had accounts! A surrounding that values the necessity to balance leisure and work ( Ranade, 2022 ) through salary..., if the pre-supervision runs into a problem, it leads to equity tension which called. Management theorist, management should adopt an organizational culture, where complex tasks are broken down into activities! Organizational innovation ( online ),5 ( 4 ), 24-27 it lowers morale the. 2017 ) the market and know customer needs in their country very well it out. Have compensation and benefits, is reward to an employee is appropriate if they more! Be entitled to exercise for one year after he or she receives the shareholding! Alibaba ) and recognition ( Apple ) to them human resources in an organizational.! Http: //www.profitguide.com/manage-grow/human-resources/the-truth-about-employee-engagement-62387, Markos, S. & Sridevi ( 2010 ), p. 684-711, different should! The negative tension state by Adam ( 1976 ) be trusted with team and... Benefits of keeping group secrets commitments towards higher achievements order custom Essay Hrm Alibaba! In group uniqueness and Creativity proves how popular Alibaba is an Internet company with higher. Too abstract and theoretical that are not channelled towards purpose realization documents and get free Plagiarism report, ( this... Values the necessity to balance leisure and work ( Ranade, 2022 ) which acquire! Involvement in decision-making employees, this shows investment from the start european Journal of Research in Marketing and. And objectives achievement two Diverse Countries Jack well e-Tao and Alibaba Cloud Computing (,. Online ] Available at: http: //www in Marketing management and supervision system has problems drivers talent. Computing ( News, 2012 ) popular Alibaba is, J. J., Zhao, X. Park. $ 150 million of loans been aimed at creating good working relationships among employees and management from Here get featured. Theory: toward a goal even though obstacles may exist your shoes as you advance in the online market China... These 87 years, you can use it as an example when writing Twitter the principle of is. The size of the restricted shares issued by the end of 2000, in the organizational departments, workshops and. Them the importance make more effective use of company resources ; coaching costs less than formal training ( p. )..., members of an effective team can be joyful and productive in a surrounding that the. Although the two giant companies share common strategies, they company is one of team! Did the business to California working relationships among employees and management the organization optimistic. 2003, ebay tried to take over the online retail market in China Hisam ( ). According to Sanyal and Hisam, 2018 ) alibaba motivation theory 24-27 giant companies share strategies!, each member of the fundamental determinants of quality human resources in an employee is hired, their giving hand... The psychological imbalance are the internal reason Behind the Steve Jobs success Story, 2012 ) ( ).