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. Essay. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). Different strategies: enjoyment (Alibaba) and recognition (Apple). alibaba. However, they apply both strategies in different practices. 3) PraisePraise is always beneficial. All he needed was a name, the name which he found on one of his trips to California. So, Alibaba it is; his online retail store. Also, he keeps them motivated. (2009). Essentially, Alibaba company needs to invest more in resource allocation to enhance its performance. 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. Moreover, they have an opportunity to look for a new position that matches with their abilities and interests. (2020), the company operates in different online commerce platforms, Alibaba.com, Taobao, and Tmall, and behavioural management theory has improved social sharing and networking. Comparison Alibaba's and Apple's drivers of talent attraction and retention. The table showing similarities and differences between Alibaba and Apple. Although Goldman was a little hesitant, they agreed to give Alibaba $5 million. Boost productivity by helping your employees work smarter. First, the company encourages employees to follow their passions. Meanwhile, when setting Maslows model into the business to understand the motivation behind employees behaviours, it is not amazing to find that there are also have similar five levels of needs which including wages, safety, social belongingness, self-esteem and finally self-actualization. PhDessay is an educational resource where over 1,000,000 free essays are number: 206095338, E-mail us: reward Google Search. In spite of lack of experience and funds, Jack Ma started something which, years after, is a motivational success story for the budding entrepreneurs. (LogOut/ Alibaba Group Holding Limited has began in year 1999 when the founder , Jack Ma founded the website Alibaba.com, a sales services via web portal that can connect with overseas buyers. But they didnt consider the Chinese people and were not appealing to their customers. hiking club, biking club, running club etc. hb```e``@(1@L-Zst9,@[gn[`e(cr8:":@ Hkm 06?bwLp9odX$r^&%]uzp&x2]^ 'n~q%@ ZY And the wheels aligned. Apart from a beautiful and health-friendly campus, the company has a practice of providing interest-free loans. (1984). The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. The principle of defined purpose also marks good teamwork. 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. 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. News. Constructive communication also helps in conflict resolutions and decision-making. This helps in maintaining a friendly relation with the members later on. use various motivation theories to support your answer. Keywords: alibaba company, autocratic management, conductive management, persuasive management, democratic management. Hello. Alibaba believes that people will be happy and satisfied with their jobs if they work with passion and gain rewards for their achievement. It means that individuals would reinforce a kind of behaviour once its consequence benefit to them. 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. Hes an investment banker with over 20 years of experience in China and is the writer of this Jack Ma book Alibaba. When given more freedom at work, employees are happier in their jobs. Therefore, it points out that Alibaba and Apple have both similar and different strategies in attracting and retaining employees. Contrast and Compare Approaches to Hrm Within Two Diverse Countries? Companys leaders sometimes work directly with their subordinates. Your email address will not be published. After being paid adequate salary, employee seeks safety physically and mentally on the jobs. 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,. This is a BETA experience. As for small businesses, it costs nothing to set up their store on Taobao, a website of Alibaba. with free plagiarism report. 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. And they got the taste of success soon. skills to the HR profession. One main reason is that performance is an ongoing process (Workforce News, 2016). Jack launched Taobao at that time; it was the lively graphics and densely packed display of Taobao, which Chinese loved. 6. Case Study: Alibaba Motivation for the Long Haul | SEM106 - Principles of Management - XMUM | Thinkswap Search for over 100,000 study notes and past assignments! Second, the firm grants intrinsic rewards, such as a sense of achievement and enjoyment. Besides, the recommendations have not taken everything into consideration. The motivational success story of Jack Ma started shaping from then. Sustainability, 12(11), 4379. And lastly, as thesixth strategy they decided to adopt encourage achievement through a rewarding system. [online] Available at: http://www. Finally, the behavioural theory created effective leadership styles in Alibaba Company (Bo and Chan, 2018). Consequently, motivation and morale have improved the team working culture. Definition: Additionally, inducing a culture of productivity and employee participation in large companies calls for effective management interventions (Greve and Argote, 2015). Management Theory Influences Team Working 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. Additionally, the approach emphasizes that organizations are social entities and hence need for social interactions. 1) Jack Ma adapts charismatic leadership theory. database? With a futuristic mindset, Jack founded Alibaba back then, in 1999. 6. Therefore, harnessing and channelling such diversity to attain organizational goals and objectives is critical. This helps employees feel valued and can remove animosity between employee and employer. 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). Members of the team demonstrated mutual professional respect and worthiness. The merchants, however, can pay to get themselves featured. This report will start the analysis from the view of internal motivations and then moving to the external causes. pdf [Accessed: 03 Nov 2012]. The mantra of the company is customers first, employees second and shareholders third. And he doesnt bow down to shareholders demand, always looking for profits, even when the business is down. Among these programs, employee stock ownership plan (ESOP) is quite similar to the incentive system in Alibaba. The Surgical Technologist, 8 p. 348-353. They also emphasized the essence of ownership. In Skinnners reinforcement theory, Skinner (1984) has drawn attention to the fact that appropriate reinforcement based on public consequence may influence verbal response. [online] Available at: http://news. 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. Therefore, it is easy for them to commit a crime with close interest people once they are lured by short-term profits. Stock options provides employees with the right to buy and sell their stocks in the company. Alibaba team members were reliable and trustworthy. Even though different larges organizations are utilizing different management theories, the essay focuses on scientific theory in Alibaba Company. Did you know that we have over 70,000 essays on 3,000 topics in our online] Available at: http://www. Jack Mas leadership style is a key to Alibabas commercial success. Compensation is based on: 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. Behavioral and Brain Sciences, 7 (4), p. 547-553. 6. People even compare it to Amazon but Alibaba is far more popular in China than Amazon is in America. 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. Required fields are marked *. Please ADD to cart and get the word file for this sample Paper. A service designed for small businesses. Additionally, the company should provide either intrinsic or extrinsic rewards to employees to recognize their performance. David Wei and Elvis Lee Quit Alibaba Amid Fraud Inquiry - NYTimes. 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. Graduate of Chulalongkorn University. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. 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. Consequently, information sharing lowered the workload of the members. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. alibaba. Additionally, the company creates a competitive environment in order to tap its employees potential to become more initiative and innovative. Significantly, the premium brand of Alibaba attained and maintained through effective management strategies (Bo and Chan, 2018). Moreover, a healthy working relationship is another principle of an effective team (Sanyal and Hisam, 2018). The strategy was adopted to motivate and enhance employees commitments towards higher achievements. For example, the company holds different interesting clubs to encourage employees to gather and share the hobbies in holidays, e.g. IOSR Journal of Business and Management, 20(3), 15-22. It is not uncommon that employees spend a couple hours of their days on these open discussions. The information flow is aimed at communicating the purpose and responsibility of individual team members. According to Jack, 60% of his competitors would shut down, and he celebrated. Order custom essay Hrm About Alibaba Therefore, the outline of this report about the human resource management issue behind the online fraud of Alibaba is as follows. Notably, none of the team members shared group strategies with other teams. An example of activation would be enrolling in psychology courses in order to earn your degree. Aarts (2014), The truth about employee engagement. co. uk/news/business-13986308 [Accessed: 1 Nov 2012]. Collectively, an effective team treats its members the same. 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. On the other hand, the company may not satisfy the physical and emotional need of its employees. Zimmermann, N., & Matisek, J. 6 days ago, Posted hXr:~ 0+ya M8P1$vn3V]i%}j])8L aspx? Introduction Alibaba Group is the world's outstanding business-to-business e-commerce service company, which provides an efficient online trading platform for buyers and suppliers all over the world. As a result, corruption was caused secretly by the combination of selfish desire and power without supervision. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. Notably, effective teamwork is marked by collective information sharing and duty executive. According to Huang et al. 1 Internal reasons According to the perspective of Abraham Maslow who is well known for the hierarchy of needs theory, the pattern of behaviours based on individual needs (Poston, 2009). Every week the company will set up a meeting where all employees can join and share their ideas and experiences to other colleagues. The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: The company promotes teamwork in the workplace. 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. Meanwhile, it will motivate him or her to do something to relieve this tension. 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