2 External reasons 4. Individuals make specific choices believing that they may guarantee more satisfaction and comfort. He established an Internet business Hangzhou Haibo Network Consulting back in 1995. hbbd```b``"H XL*Hi` Td,\ 6ADrEHdizlQ)fN RD@: = '?d7 According to Huang et al. Therefore, it points out that Alibaba and Apple have both similar and different strategies in attracting and retaining employees. Were the solution steps not detailed enough? New York, Academic Press. Understanding a given management theory helps large companies influence productivity, staff participation, and simplified decision-making through collaboration. Frequently, the bitter complaints go on several hundred pages, as was the case following the launch of Alipay Wallet, which initially saw bumpy user experiences. Multi-cultural and multi-lingual, bringing solid S.T.E.M. Imagine and march ahead! Moreover, the deep-rooted reason should be the problems of its human resources management. You can as well click place order now and get a plagiarism free paper. %PDF-1.7 % Propose which motivational theory accelerate the characteristics profile of high achievers and four (4) possible ways to develop a high achievement need in people. Additionally, the event of online fraud has been doomed from the start to some extent. In conclusion, the adoption of behavioural theory in Alibaba improved teamwork, translating to goals and objectives achievement. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). Moreover, company should be direct to their employees when giving feedback and help them further their careers through constant. In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. Similarly, employees, strategies, synergies, and systems form vital components in an organization setting. In essence, the principle of resource allocation is essential. Import & Export on alibaba.com Then theres employee relations, which helps build a positive relationship between employers and employees. Such was Jack Mas blessing at a mass wedding for Alibaba employees on May 9 in Hangzhou, just three days after the company filed for its much anticipated IPO in the U.S. The leader gave room to the team members suggestions and emphasized team unity. Drawing from the principle of resource allocation, the team ran out of fieldwork facilitation money. My Make more effective use of company resources; coaching costs less than formal training (p. 1). Management Theory Influences Team Working. Team leaders should also communicate purpose, train, and spearhead conflict resolution. Assessment 3 Instructions: Analyzing a Current Health Care. Traditionally, implementing a strategy costs a long time to achieve success. 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. 231-245). com. New York, N. Y. , J. Wiley. PhDessay is an educational resource where over 1,000,000 free essays are Moreover, the company also listens to employees opinions no matter they are in an entry position. by April of 2014, a total of 3,852 employees have been provided more than $150 million of loans. The use. Explore how the human body functions as one unit in 1. nytimes. A robust online marketing strategy is the sole determinant of the company's success. The information flow is aimed at communicating the purpose and responsibility of individual team members. Moreover, an effective team is guided by the principle of resource allocation (Sanyal and Hisam, 2018). You can use it as an example when writing 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. Additionally, inducing a culture of productivity and employee participation in large companies calls for effective management interventions (Greve and Argote, 2015). (2020), the company operates in different online commerce platforms, Alibaba.com, Taobao, and Tmall, and behavioural management theory has improved social sharing and networking. Amsterdam: Elsevier, 481-86. com/browseinside/index. 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. Jack is also committed to the welfare of Alibabas employees. According to Sanyal and Hisam (2018), the significance of any teamwork lies in its effectiveness. Alibaba Group. 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. Comparison Alibaba's and Apple's drivers of talent attraction and retention. Change), You are commenting using your Twitter account. html [Accessed: 05 Nov 2012]. 3 Establish psychological management mechanism It is necessary to give psychological training programme at least once a month for intensifying the efforts of anti-corruption and enhancing the management of core value and culture in Alibaba Group. By 1999, he had the plan for his new idea and a team. 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. Management strategies call for suitable coating, management theories. (Hide this section if you want to rate later). Conversely, lack of purpose in a team infiltrates irrelevancy, diverse ideas, and wastage of ideas. Celebrated on November 11, its a national holiday there. 2007-2023 Learnify Technologies Private Limited. Hello. Currently, most organizations are utilizing creativity and innovation strategies to attain their respective goals and objectives. 6. International Distribution Policy Comparative Analysis between Samsung and Apple. 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. Meanwhile, with the rapidly increased number of employees in Alibaba Group, the previous culture management has to further improve. In essence, team members should participate in the achievement of the team goals and objectives. By continuing well assume youre on board with our com/2011/02/22/business/global/22alibaba. Alibaba used the huge opportunity that Singles' Day offers and reaped the reward. Order custom essay Hrm About Alibaba 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. Significantly, simplifying jobs enhances productivity among employees. Maslows Hierarchy of Needs. Business Marketing To name a few, Bill Gates owned Microsoft and Jack Ma owned Alibaba. Training and development has a positive impact on employees, this shows investment from the employer and enhances career progression. It also assigns challenging and difficult tasks and cultivate a sense of entrepreneur in its employees. 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. Alibaba Group should clear the level of risk in different position and establish an internal regulatory system which includes peer review mechanism, department regulatory system, internal audit and external audit mechanisms to ensure mutual supervision avoid unnecessary credit losses. Please ADD to cart and get the word file for this sample Paper. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. Assuming the organization have optimistic thoughts and future Posted All he needed was a name, the name which he found on one of his trips to California. Using. System theory of management has been significantly adopted among large companies across the globe. Employees are the ones who complete the assigned tasks, so handling them with respect encourages them to work effectively. And the presence of over 9 million businesses just proves how popular Alibaba is. Alibaba may maintain original practices and add new strategies. And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. with free plagiarism report. 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 alibaba. 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. ?>, 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 Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). 1) Treat them respectfully - Treating your staff members well can help. When one need is fulfilled a person seeks to fulifil the next one, and so on. 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). Sometimes it is hard to do all the work on your own. When an employee is hired, their giving a hand booklet of the companys. Pay and rewards attract and retain employees. Those who dont know, Singles Day is like a parody of the Valentines Day celebration. Both the greedy desire and the psychological imbalance are the internal reason behind the problem. Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. According to the theory, the success of an organization is emphasized by people-oriented methods. 3) PraisePraise is always beneficial. Similar strategies: personal improvement and communication. In spite of lack of experience and funds, Jack Ma started something which, years after, is a motivational success story for the budding entrepreneurs. Listen to the summary at Blinkist or listen to the book at Audible. Moreover, behavioural management theory is adopted in large organizations likes Apple, BMW, and Kentucky Fried Chicken (KFC) (Greve and Argote, 2015). These, along with other factors result in a loyal base of employees, who are ready to put in long hours. 2. 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). The Surgical Technologist, 8 p. 348-353. bbc. 6. Moreover, a healthy working relationship is another principle of an effective team (Sanyal and Hisam, 2018). The employees feel that they have greater responsibility and trust put on them, this can generate greater participation, commitment, and a better job performance. Essentially, every corporate team has a purpose of pursuing. Maslow's hierarchy of needs is a motivational theory in psychology comprising a five-tier model of human needs, often depicted as hierarchical levels within a pyramid. The techniques have been aimed at creating good working relationships among employees and management. Case Study: Alibaba Motivation for the Long Haul | SEM106 - Principles of Management - XMUM | Thinkswap Search for over 100,000 study notes and past assignments! The company also benefits by being able to set up guidelines of what is expected and by rewarding employees they will have employees that are accomplishing more and have a better attitude about their job. In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. Consequently, information sharing lowered the workload of the members. Significantly, the premium brand of Alibaba attained and maintained through effective management strategies (Bo and Chan, 2018). Malaysia Xiamen University Malaysia This helps in maintaining a friendly relation with the members later on. 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. Allocation ( Sanyal and Hisam, 2018 ) is another principle of team welfare, team members and... Were assigned the duty of checking on colleagues effective use of company ;... Positive relationship between employers and employees members later on long time to achieve success long time to achieve.... Worth of selling on Alibaba be direct to their employees when giving feedback and help further! Aimed at creating good working relationships among employees and management work on your own ' Day offers and the... 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