China may be a leading tech country today, but years ago things werent the same. Using. This report will start the analysis from the view of internal motivations and then moving to the external causes. We store cookies data for a seamless user experience. 4. com/blogs/newsbook/2011/02/online-fraud_scandal_china [Accessed: 05 Nov 2012]. 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. 7 months ago, Posted The groups leadership was effective as the leaders were accommodative, informed, and neutral. Malaysia Xiamen University Malaysia The case of Alibaba is discussed in details because the innovative Alibaba B2B platform is radically changing the manufacturing sector worldwide. Compensation is based on: Dewalska-Opitek, A. Did you know that we have over 70,000 essays on 3,000 topics in our According to Mas speech, he mentioned that Alibaba group has already developed its own equity incentive system, after the development and research of Ma and other senior Ali, Ali group came up with an uniquerestricted stock plan to motivate his employees. 4) Maintain a healthy work-life balanceMotivating employees requires a positive work environment. 2. While if this ratio is unequal, it leads to equity tension which was called the negative tension state by Adam (1976). Besides, through encouraged workers, Alibaba Company has maintained high customer service on the online platforms. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. Required fields are marked *. 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. Amsterdam: Elsevier, 481-86. 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,. Import & Export on alibaba.com Those who dont know, Singles Day is like a parody of the Valentines Day celebration. Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). The values of Alibaba put the customer in the first position. economist. The Impact of Teamwork on Work Performance of Employees: A Study of Faculty Members in Dhofar University. According to Huang et al. According to the principle, all members should pull towards a given direction. 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. Please ADD to cart and get the word file for this sample Paper. In essence, the approach improved sharing among departments allowing a teamwork culture. While being committed to their responsibilities, people need to follow their hearts and insist in their beliefs. Different strategies: enjoyment (Alibaba) and recognition (Apple). The team adopted the principle of respect and dignity among members. 2 Establish the mechanism of risk management. 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. 3) PraisePraise is always beneficial. 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. support@phdessay.com. Upon looking at an old coworker, he realized he doesnt want a future like that. Aarts (2014), The truth about employee engagement. Effective teamwork should acknowledge different diversities like gender, race, age, and colour. Workers can be joyful and productive in a surrounding that values the necessity to balance leisure and work (Ranade, 2022). 2013). Personal welfare from the leader and among colleagues was remarkable. Case Application - Alibaba: Motivation for the Long Haul. Second, they company is willing to provide rewards to employees who have high performance. In order to expand its business successfully in other nations, corporations need to adjust employee engagement strategies to attract local employees and blend traditional cultures into new ones. However, employees create the best elements crucial in attaining success in the organizational departments, workshops, and business units. Image Courtesy of Dan Croitor assignments. 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. The Alibaba Company is an online marketing business that bridges wholesalers and retailers all over the world. Every activity assigned, we did as a team and readily shared. Stock options provides employees with the right to buy and sell their stocks in the company. David Wei and Elvis Lee Quit Alibaba Amid Fraud Inquiry - NYTimes. 1 Opportunity. Additionally, the event of online fraud has been doomed from the start to some extent. According to Jack, 60% of his competitors would shut down, and he celebrated. Moreover, the team demonstrated the principle of inclusion. Selection by consequences. 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. And some employees are with Alibaba for years. Additionally, management should develop a fair salary for fair system because money forms a significant incentive to motivation (Huang et al. Make more effective use of company resources; coaching costs less than formal training (p. 1). comhem. Traditionally, implementing a strategy costs a long time to achieve success. When one need is fulfilled a person seeks to fulifil the next one, and so on. Team leaders should also communicate purpose, train, and spearhead conflict resolution. The mass wedding being one example, Alibaba has taken care to offer family-like support to its employees. 6. Understanding a given management theory helps large companies influence productivity, staff participation, and simplified decision-making through collaboration. 6. In the point view of organizational behaviour, it is obvious to see that Ma has applied an effective reward system into his company. Sustainability, 12(11), 4379. 27th February 2023. Study Study from your library anywhere, anytime. The situation delayed field visits that week. The leadership of Alibaba, from the founder to the operational management, has adopted an enabling working environment through scientific management theory. 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. It would build an environment, such as weekly meetings and the Open Box tool, to encourage sharing and learning among employees. 1) Jack Ma adapts charismatic leadership theory. The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: Assuming the organization have optimistic thoughts and future Posted Jack is also committed to the welfare of Alibabas employees. Springer, Cham. Notably, the companys overall success has been propelled by different organization organs. Members readily suggested how to work, relate, and be our brothers keeper. All rights reserved. Behavioural Management Theory in Alibaba Company. This is a BETA experience. In essence, the principle of resource allocation is essential. In conclusion, the adoption of behavioural theory in Alibaba improved teamwork, translating to goals and objectives achievement. Therefore, harnessing and channelling such diversity to attain organizational goals and objectives is critical. People are curious about their performance. The corporation provides employees with several kinds of training programs, such as classroom training, e-learning, and seminars to help improve their skills and expertise. Moreover, a healthy working relationship is another principle of an effective team (Sanyal and Hisam, 2018). But those soon ran out as the size of the work force expanded. com. Members of an effective team are reliable in terms of assigned duty and information source. Considering that, To hold worker we need to zero in on essential things Future development - All the worker center toward future development. You can use it as an example when writing Business Management, Iss. (1984). When they perceives the disparity between the inputs and the outputs,different responds will be excepted in various ways, including de-motivation, reduced effort, becoming disgruntled and even disruptive. (LogOut/ Surprisingly, these allegedly fraudulent online shops account for 1. After being paid adequate salary, employee seeks safety physically and mentally on the jobs. 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). Even those at the top of the pyramid are referred to by their nicknames, so to minimize the sense of structure and superiority. Employees are the ones who complete the assigned tasks, so handling them with respect encourages them to work effectively. 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. 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. Conversely, lack of purpose in a team infiltrates irrelevancy, diverse ideas, and wastage of ideas. Submit your documents and get free Plagiarism report, (Rate this solution on a scale of 1-5 below). Jack also needed investors for Alibaba to grow. nytimes. Consequently, the team was not able to meet the predetermined. Analysis (linked to HRM theory) There is always a kind of psychological motivations behind any subjective action, and the online fraud scandal of the Alibaba Group is no exception. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. 1. The Surgical Technologist, 8 p. 348-353. com/browseinside/index. 5) Be just and fair-Your boss should view every employee as being on an equal footing. Equity is considered when this ratio is equal. Although the Chinese company focuses on personal improvement and communication as the American corporation does, it implements these strategies in different practices. How Alibaba motivates employees? In terms of fun, Alibaba promotes this strategy in two ways. First and foremost among those is transparency. Values are the standards by which members of an organisation direct and evaluate their actions. astd2007. Additionally, an effective team is guided by the principle of collaboration (Mazur, 2017). Therefore, it implies that the management team should readily deploy applicable and relevant management theories to create a team working culture. pdf [Accessed: 06 Nov 2012]. Were the solution steps not detailed enough? Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. And the presence of over 9 million businesses just proves how popular Alibaba is. skills to the HR profession. Therefore, it points out that Alibaba and Apple have both similar and different strategies in attracting and retaining employees. IOSR Journal of Business and Management, 20(3), 15-22. alibaba. Management strategies call for suitable coating, management theories. Then theres employee relations, which helps build a positive relationship between employers and employees. 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. Essentially, every corporate team has a purpose of pursuing. reward Google Search. 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? And they got the taste of success soon. MASLOW, A. H. , & STEPHENS, D. C. (2000). System theory of management has been significantly adopted among large companies across the globe. In 2000, in the dot-com bubble, everything shattered. 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. Privacy Policy. An online-fraud scandal in China: Alibaba and the 2,236 thieves | The Economist. Consequently, motivation and morale have improved the team working culture. From the aspect of motivating employees to contribute effectively, the professional dedication in Alibaba's founding ideals, which means do extraordinary things with a professional attitude and a normal mindset. In 2003, eBay tried to take over the online retail market in China. Available at: http://web. S&F Sicherheit und Frieden,38(2), 112-117. Because of Alibaba's staggering success, Jack Ma is considered as one of the most influential business man and philanthropist. Need for achievement Alibaba gives direction and provide feedbacks to their staff so that the employees can reach their potential. 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. The system is the same as Google AdWords ads pay on the basis of the number of clicks on the ads. 2. //= $post_title We use cookies to ensure that we give you the best experience on our website. cookie policy. 5 p. 12-13. 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