According to the companys founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). Graduate of Chulalongkorn University. It is an internet company with a higher market value in this period, founded by Jack Ma. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. Therefore, it is easy for them to commit a crime with close interest people once they are lured by short-term profits. Zimmermann, N., & Matisek, J. alibaba. Jack needed investors, and they were on a lookout for Asian Internet businesses. Thus, if the pre-supervision runs into a problem, it represents the failure in enterprise culture management. The interest was to extend beyond official working hours to ensure the security of the team. The Impact of Teamwork on Work Performance of Employees: A Study of Faculty Members in Dhofar University. Staff feel happier if they feel valued and are likely to stay within the organisation. Employees that successful innovate new products are promoted to be the managers of that product division, this ensured that other staff members are motivated to work harder and discover new product innovation as they seek to one day become managers of their developed product lines. Recommendations 6. The strategy was adopted to motivate and enhance employees commitments towards higher achievements. Long term by giving employees increases employees will be apt to stay with the company and this benefits the company in not having a high turn-over. The Alibaba Company is an online marketing business that bridges wholesalers and retailers all over the world. On the other hand, Apple focuses on communication between the organization and its employees. They are too abstract and theoretical that are not seen as scientific, feasible suggestions in practice. Image Courtesy of Dan Croitor You may opt-out by, How Plaza Premium Lounges Song Hoi-See Transformed The Airport Experience, Asias 2019 Heroes Of Philanthropy: Catalysts For Change, John Gokongwei Jr, Philippines' Third-Richest Person, Dies At 93, Philippines' Richest 2019: With A Notable Five Deceased, A New Generation Takes The Helm, Philippines' Richest 2019: Six Of The Sy Siblings Land On The List, Replacing Their Late Father As The New No. Need for achievement Alibaba gives direction and provide feedbacks to their staff so that the employees can reach their potential. cookie policy. Were the solution steps not detailed enough? Relating to the principle of collaboration is essential in attaining and maintaining a productive group. 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. 2. 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. Skinner, B. The team leaders communicated the essence to timely reporting of unprofessional differences between the members of the group. Moreover, the company also listens to employees opinions no matter they are in an entry position. 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. We use cookies to ensure that we give you the best experience on our website. Yun, J. J., Zhao, X., Park, K., & Shi, L. (2020). com. 6. This strategy was adopting an employee appraisal scheme that was encouraging achievement by rewarding employees who generated successful business ideas. Management Theory Influences Team Working. Jack Ma built his empire from scratch. html [Accessed: 02 Nov 2012]. 182 0 obj <> endobj 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. Samsung doesnt reward their employees at all, instead they manipulate employees mind with the awareness of economic environment. In essence, the principle of resource allocation is essential. Introduction Human resource management (HRM) means the activities of management in the employment relationship (Boxall and Purcell, 2003). This report will focus on analysis for Alibaba Group's human resource management, in order to reply the demand of its future developments. 2 External reasons 4. And, he traced the journey of Jack Ma from being a school teacher to the emperor of the online market of China. Notably, effective teamwork is marked by collective information sharing and duty executive. When given more freedom at work, employees are happier in their jobs. com (1999). According to the company's founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). 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. (2020), the company operates in different online commerce platforms, Alibaba.com, Taobao, and Tmall, and behavioural management theory has improved social sharing and networking. Nytimes. International Distribution Policy Comparative Analysis between Samsung and Apple. Amsterdam: Elsevier, 481-86. Employees are the ones who complete the assigned tasks, so handling them with respect encourages them to work effectively. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. Samsung doesn't reward their employees at all, instead they manipulate employees' mind with the awareness of economic environment. Meanwhile, with the rapidly increased number of employees in Alibaba Group, the previous culture management has to further improve. Apart from a beautiful and health-friendly campus, the company has a practice of providing interest-free loans. The values of Alibaba put the customer in the first position. Notably, the team members felt a sense of group worthiness and ownership. Consequently, the team was not able to meet the predetermined. 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. 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. In essence, team members should participate in the achievement of the team goals and objectives. Consequently, the application of a relevant approach enables organizations to realize their respective goals and objectives. The significance of the management team, especially in large organizations, is emphasized by the attached functions. co. uk (2011). 1. Aarts (2014), The truth about employee engagement. Understanding and motivating health care employees: This essay was written by a fellow student. Does the question reference wrong data/reportor numbers? In 1999, he founded the Alibaba Group as a business-to-business, e-commerce platform. Change), You are commenting using your Twitter account. 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. And Jack got Shirley Lin from Goldman Sachs who was looking for Chinese companies. A robust online marketing strategy is the sole determinant of the company's success. International Journal of Organizational Innovation (Online),5(4), 78. The principle of defined purpose also marks good teamwork. Make more effective use of company resources; coaching costs less than formal training (p. 1). Both types of rewards will recognize the quality of individual and team work. A former English teacher, Jack Ma cofounded and chairs Alibaba Group, one of the world's largest e-commerce businesses. Alibaba employees are motivated through good salary packages and involvement in decision-making. Therefore, it implies that the management team should readily deploy applicable and relevant management theories to create a team working culture. reward Google Search. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. Jack also needed investors for Alibaba to grow. You can as well click place order now and get a plagiarism free paper. aspx? According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. Meanwhile, when setting Maslows model into the business to understand the motivation behind employees behaviours, it is not amazing to find that there are also have similar five levels of needs which including wages, safety, social belongingness, self-esteem and finally self-actualization. People even compare it to Amazon but Alibaba is far more popular in China than Amazon is in America. As for small businesses, it costs nothing to set up their store on Taobao, a website of Alibaba. However, they apply both strategies in different practices. The following are psychological requirements which could associate with the fraudulent behaviours of officers at Alibaba in term of the greedy desire, the psychological imbalance and herd mentality. 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 One of the greatest entrepreneurs of all time, Jack Ma envisioned Alibaba when only a few even had email accounts. The Effects of Personal and Contextual Characteristics on Creativity: Where Should We Go from Here? ?>, 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 The company promotes teamwork in the workplace. When given more freedom at work, employees are happier in their jobs. The benefits for working with a company would be good health insurance plans, retirement plans, and different benefits for time off when needed from work. assignments. A Developmental Role for Militaries in Africa: The Peace Engineering Corps Solution? Submit your documents and get free Plagiarism report, (Rate this solution on a scale of 1-5 below). David Wei and Elvis Lee Quit Alibaba Amid Fraud Inquiry - NYTimes. 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