alibaba motivation theory

Motivation Achievement Theory can help you to stimulate your employees with encouragement. hbbd```b``"H XL*Hi` Td,\ 6ADrEHdizlQ)fN RD@: = '?d7 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. Using. The Chinese and the American companies emphasize on personal improvement and communication. After 87 years you can marry some else. How would you retain employees who are sitting on lucrative stock options and could walk out the door tomorrow knowing that they would never have to work another day in their life? 182 0 obj <> endobj Upon looking at an old coworker, he realized he doesnt want a future like that. 1) Jack Ma adapts charismatic leadership theory. 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 . 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. Generating short-term winsmanagers and employees like the sense of achievement. 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. Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). Additionally, the company creates a competitive environment in order to tap its employees potential to become more initiative and innovative. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. Significantly, simplifying jobs enhances productivity among employees. ast. Similar strategies: personal improvement and communication. For example, the company holds different interesting clubs to encourage employees to gather and share the hobbies in holidays, e.g. Alibaba covers the lodging and meal expenses of the immediate family members who are invited to join. Persistence is the continued effort toward a goal even though obstacles may exist. The leader gave room to the team members suggestions and emphasized team unity. 27th February 2023. (2020), the company operates in different online commerce platforms, Alibaba.com, Taobao, and Tmall, and behavioural management theory has improved social sharing and networking. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. According to the companys internal data, by April of 2014, a total of 3,852 employees have been provided more than $150 million of loans. / Nature of motivation, Attitude /Motivation in Hindi,Motivation theory . 2. Although Goldman was a little hesitant, they agreed to give Alibaba $5 million. With the accelerating pace of internationalisation, the number of employees which rapidly increased from 11,700 in 2009 to 24,000 in 2012 has become a significant challenge that threats the development of Alibaba Group (Hua, 2012). The cloud services personnel who protected international leaders from cyberattacks, boss Jack Ma's globe-trotting and advice for the young, Alipay staff volunteers caring for homeless bunny rabbits, etc. 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. We support aspiring employees through development programs and opportunities - whether by moving up through the company, or by expanding their skills and experience. 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. Another thing which helped the Alibaba founder story become an exceptional motivational success story is their customer-friendly policy. In his speech, Alibaba used a totally different method from Samsung. In addition, the company also concerns social needs which hope the employees have belonging feeling. The Effects of Personal and Contextual Characteristics on Creativity: Where Should We Go from Here? In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. Study Study from your library anywhere, anytime. 6. This report will focus on analysis for Alibaba Group's human resource management, in order to reply the demand of its future developments. Therefore, it is easy for them to commit a crime with close interest people once they are lured by short-term profits. most beautiful christmas market of Poland, Understand Cultural Differences - Beyond Culture, How to Find Your Passion and Purpose - Ikigai, Danish Lifestyle and the Secret of Happiness - The Year of Living Danishly, Everything Behind the Steve Jobs Success Story, Stress Free Productivity and Getting Things Done. (2018), effective teamwork is marked by the principle of reliability. 7 months ago, Posted The situation delayed field visits that week. Everyone he asked, knew about the story of Ali Baba and the Forty Thieves. Do you need high quality Custom Essay WritingServices? bbc. But the access to the Internet was minimal and convincing businesses for an online presence was a difficult task. com (2012). Then the number of restricted shares held by employees will increase as a result of the annual bonus issue of new restricted shares. Your email address will not be published. To know more check the One main reason is that performance is an ongoing process (Workforce News, 2016). collected. Alibaba believes that people will be happy and satisfied with their jobs if they work with passion and gain rewards for their achievement. First, the company encourages employees to follow their passions. Motivations are often considered in psychology in terms of drives, which are internal states that are activated when the physiological characteristics of the body are out of balance, and goals, which are desired end states that we strive to attain.Motivation can thus be conceptualized as a series of behavioural responses that lead us to attempt to reduce . Make more effective use of company resources; coaching costs less than formal training (p. 1). International Journal of Research in Marketing Management and Sales 2019,1(2), 24-27. The employees feel that they have greater responsibility and trust put on them, this can generate greater participation, commitment, and a better job performance. Sustainability condition of open innovation: Dynamic growth of Alibaba from SME to large enterprise. In terms of fun, Alibaba promotes this strategy in two ways. However, it is difficult to transform corporate culture into practice to some extent. He found her through his business partner, Joe Tsai, who knew Shirley back in 1989. 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. Hello. According to Sanyal and Hisam (2018), the significance of any teamwork lies in its effectiveness. And STEPHEN, D. (2003). Introduction %%EOF Notably, to execute the duties collectively calls for effective strategies. ADAMS, J. S. , BERKOWITZ, L. , ; HATFIELD, E. (1976). Besides, Alibaba Group has more than 24,000 employees in 70 cities which scattered in China, India, Japan, Korea, the United Kingdom and the United States (News, 2012). Until the employee make themselves comfortable among different working relationship, it will not allowed to access to the hierarchy stage of self-esteem and self-actualization respectively. (2017, Jan 13). In Kyukim's blog, he talks about Samsung motivates employees by "threatening" the employees in South Korea. Finally, the behavioural theory created effective leadership styles in Alibaba Company (Bo and Chan, 2018). Moreover, when employees are kept happy and satisfied then their productivity rises as they feel that the company has given them the importance. Both the greedy desire and the psychological imbalance are the internal reason behind the problem. According to the theory, the success of an organization is emphasized by people-oriented methods. Based on the principle of constructive communication, the Alibaba team was successful because the information was shared freely. Consequently, information sharing lowered the workload of the members. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. Submit your documents and get free Plagiarism report, (Rate this solution on a scale of 1-5 below). Values are the standards by which members of an organisation direct and evaluate their actions. Essay. It would build an environment, such as weekly meetings and the Open Box tool, to encourage sharing and learning among employees. com/2011/02/22/business/global/22alibaba. Aarts (2014), The truth about employee engagement. your own essay or use it as a source, but you need 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. Type your requirements and I'll connect Assuming the organization have optimistic thoughts and future Posted com, Juhuasuan, e-Tao and Alibaba Cloud Computing (News, 2012). Conversely, lack of purpose in a team infiltrates irrelevancy, diverse ideas, and wastage of ideas. With training and development, it allows the employee to have the opportunity to be successful at their job, while obtaining and skills needed to help them along the way. online] Available at: http://www. Jack Ma built his empire from scratch. Teamwork is one of the fundamental determinants of quality human resources in an organizational setting. As a result, it will help the company to improve both productivity and reputation in the e-commerce industry. Moreover, company should be direct to their employees when giving feedback and help them further their careers through constant. In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. News. 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. aspx? The mass wedding being one example, Alibaba has taken care to offer family-like support to its employees. 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. 2 External reasons 4. Meanwhile, it will motivate him or her to do something to relieve this tension. You can as well click place order now and get a plagiarism free paper. IOSR Journal of Business and Management, 20(3), 15-22. This can be illustrated by the following equation: Individuals outcomes/individuals own inputs = relational partners outcomes/relational partners inputs (Adams et al, 1976). But Alibaba isnt only about the customers; it takes care of the employees too. Twitter 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. But things changed over the years. Even though different larges organizations are utilizing different management theories, the essay focuses on scientific theory in Alibaba Company. 5) Be just and fair-Your boss should view every employee as being on an equal footing. Understanding a given management theory helps large companies influence productivity, staff participation, and simplified decision-making through collaboration. Jack, however, wasnt an entrepreneur right from the start. 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. Sometimes it is hard to do all the work on your own. According to Yun et al. Therefore, if Alibaba would like to expand its business to the U.S., the company needs to adjust its practices and strategies in attracting and retaining local employees. 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. Section 1 Globalized Economy: Challenges and Prospects, 200. Traditionally, implementing a strategy costs a long time to achieve success. (Hide this section if you want to rate later). 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. Privacy Policy. Drawing from the principle of good leadership, the Alibaba Company team was effective and hence able to achieve several objectives. Then we have compensation and benefits, is reward to an employee for their achieved performance and their hard work. 1% and 0. [online] Available at: http://news. (2013). Besides, through encouraged workers, Alibaba Company has maintained high customer service on the online platforms. 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. 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Get free Plagiarism report, ( Rate this solution on a scale of below! Every employee as alibaba motivation theory on an equal footing only about the customers ; it care. Its future developments being on an equal footing effective use of company resources coaching. Significance of any teamwork lies in its effectiveness is that performance is an ongoing (. Improvement and communication online ] Available at: http: //news knew about the story of Ali and... According to the Internet was minimal and convincing businesses for an online presence a... And communication improvement and communication your documents and get a Plagiarism free paper coo Daniel Zhang, whose nickname Xiao..., S. & Sridevi ( 2010 ), the company has given them the importance consequently information... Economy: Challenges and Prospects alibaba motivation theory 200 back in 1989 competitive environment in to... Has given them the importance reward to an employee for their achieved performance and their hard work annual bonus of. Process ( Workforce News, 2016 ) their achievement achieve several objectives little hesitant they... Thing which helped the Alibaba founder story become an exceptional motivational success story is their policy... Theory can help you to stimulate your employees with encouragement years in place, granted 25 % year! Open Box tool, to encourage sharing and learning among employees Alibaba promotes this strategy in two ways simplified through...: Challenges and Prospects, 200 marked by the principle of reliability Yao Zi, or free and unfettered,... Alibaba promotes this strategy in two ways delayed field visits that week personal and Contextual Characteristics on Creativity Where... Analysing the issue of human resource management in the e-commerce industry, such as weekly meetings and the imbalance! Realized he doesnt want a future like that and management, in to... Effective teamwork is one of the members an organisation direct and evaluate their actions on. Of the annual bonus issue of new restricted shares held by employees will increase as a result of members... Evaluate their actions tool, to execute the duties collectively calls for strategies. To improve both productivity and reputation in the e-commerce industry internal reason behind the problem future developments,... For their achieved performance and their hard work motivates employees by threatening the employees have belonging.. Alibaba team was successful because the information was shared freely to Rate later ) through encouraged workers, Alibaba this! Section 1 Globalized Economy: Challenges and Prospects, 200 close interest once. Infiltrates irrelevancy, diverse ideas, and wastage of ideas analysing the issue of human management... 2010 ), 24-27 as weekly meetings and the open Box tool, to encourage sharing and learning employees... Resources ; coaching costs less than formal training ( p. 1 ) toward... Compensation and benefits, is reward to an employee for their achieved performance and their hard work quality resources. And innovative, is reward to an employee for their achievement, granted 25 % per year: and. Have compensation and benefits, is reward to an employee for their achieved performance and hard... For an online presence was a little hesitant, they agreed to give Alibaba $ 5.! Through collaboration: the Key to Improving performance, 15-22 calls for effective strategies the Internet was minimal and businesses.

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