More so, they led and directed the group in professional ways. This report will focus on analysis for Alibaba Group's human resource management, in order to reply the demand of its future developments. The photos of 100-plus couples celebrating their matrimonials together at one company has. html [Accessed: 02 Nov 2012]. Flicking through my bedside copy of Aliway - Alibaba's glossy manual of corporate culture - I find inspiring tales of employees' heroic achievements. Most importantly, Alibaba also believes in action learning. Drawing from the principle of resource allocation, the team ran out of fieldwork facilitation money. In terms of self-improvement, Alibaba focuses on mentoring and learning. But this new business was like a house of cards. 1, Singapore's Richest 2019: Sea's Forrest Li Carves Out A Place As Country's Only Online Gaming Billionaire, Singapore's Richest 2019: Daryl Ng Takes His Family's Sino Group Into The Future With 5G, AI, Unmasking The Hidden Billionaire Behind A Korean Beauty Kingdom. Springer, Cham. 5. (1984). According to the company's founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). He is willing to take a high personal risk to achieve his goal. 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). Moreover, the report has only provided superficial explanations of the issue because of the insufficient knowledge of Alibaba Group and the limitation of those methods linked with. by April of 2014, a total of 3,852 employees have been provided more than $150 million of loans. The merchants, however, can pay to get themselves featured. Compensation is the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required. Effective teamwork should acknowledge different diversities like gender, race, age, and colour. Browse Inside In Search of Excellence: Lessons from America's Best-Run Companies by Thomas J. Peters, Robert H. Waterman, Jr.. [online] Available at: http://www. com (2012). isbn13=9780060548780 [Accessed: 09 Nov 2012]. Aarts (2014), The truth about employee engagement. 2 External reasons 4. cite it. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. The significance of the management team, especially in large organizations, is emphasized by the attached functions. 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. The company deployed and utilized visionary, coaching, and democratic leadership. ADAMS, J. S. , BERKOWITZ, L. , ; HATFIELD, E. (1976). International Journal of Research in Marketing Management and Sales 2019,1(2), 24-27. As a result, it will help the company to improve both productivity and reputation in the e-commerce industry. 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. Employees are the most important asset of an organization and organization has the responsibility to keep happy, motivated and satisfied so that their interest does not diminish in work. 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. 4. In the shadow of the communist government, the people in China havent been very consumer-minded. co. uk/news/business-13986308 [Accessed: 1 Nov 2012]. Thank you! However, weak awareness of the human resource control among Alibaba Groups executives sets the stage for this online fraud scandal in China. Bezos, and the founder and executive chairman of Alibaba Group, Jack Ma. Thus, if the pre-supervision runs into a problem, it represents the failure in enterprise culture management. 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. Jack is also committed to the welfare of Alibabas employees. Image Courtesy of Dan Croitor In this article, I'll be taking you through an in-depth . Boost productivity by helping your employees work smarter. Essentially, Alibaba company needs to invest more in resource allocation to enhance its performance. This openness to criticism within the company is accompanied by a flattened hierarchy. InInternational Conference on Transport Systems Telematics(pp. According to the Equity Theory of Adams, an individual will perceive the ratio of inputs to the outcomes depend not only on the absolute value but also in the relative value in order to measure whether himself or herself is treated fairly or not (Adams et al, 1976). Additionally, effective teamwork possesses the principle of leadership (Zimmermann and Matisek, 2020). These, along with other factors result in a loyal base of employees, who are ready to put in long hours. There are essential principles of effective teamwork. Samsung doesnt reward their employees at all, instead they manipulate employees mind with the awareness of economic environment. 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, Apple focuses on communication between the organization and its employees. Additionally, inducing a culture of productivity and employee participation in large companies calls for effective management interventions (Greve and Argote, 2015). The leader gave room to the team members suggestions and emphasized team unity. alibaba. A better understanding of the topic can be achieved by incorporating into the analysis the idea that behaviour assessment is also similar to performance appraisal and this means that both. Team leaders should also communicate purpose, train, and spearhead conflict resolution. Both the greedy desire and the psychological imbalance are the internal reason behind the problem. nytimes. 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 . Notably, effective teamwork is characterized by purpose, trust, commitment, and ownership, captured in its principles. In essence, the approach improved sharing among departments allowing a teamwork culture. Even those at the top of the pyramid are referred to by their nicknames, so to minimize the sense of structure and superiority. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). 2021 Writersbid.net. Every team member paid attention and was actively involved in the team activities. 4. Although Goldman was a little hesitant, they agreed to give Alibaba $5 million. OK, I've done the questions 1 and 2 as requested. Drawing from the principle of good leadership, the Alibaba Company team was effective and hence able to achieve several objectives. With a futuristic mindset, Jack founded Alibaba back then, in 1999. html [Accessed: 05 Nov 2012]. It's a screening criterion that helps people . skills to the HR profession. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. The techniques have been aimed at creating good working relationships among employees and management. Poston, B. skills to the HR profession. According to the principle, all members should pull towards a given direction. Management theory is a concept that acts as a pathway for managers to efficiently and effectively create teamwork (Greve and Argote, 2015). 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. In terms of recognition, Apple provides this strategy with two kinds of rewards. (15 According to Yun et al. For example, the company holds different interesting clubs to encourage employees to gather and share the hobbies in holidays, e.g. 2 Establish the mechanism of risk management. 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. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). Management Theory Influences Team Working. In conclusion, the adoption of behavioural theory in Alibaba improved teamwork, translating to goals and objectives achievement. 2015 - 2022by Adrian Sameli | Privacy Policy |info@aSabbatical.com. Significantly, simplifying jobs enhances productivity among employees. support@phdessay.com. Moreover, when employees are kept happy and satisfied then their productivity rises as they feel that the company has given them the importance. [online] Available at: http://news. By offering employees an increase based on good work performance or by completing jobs on a timely basis employees are motivated to do the best they can for the company. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. The Maslow business reader. This report will start the analysis from the view of internal motivations and then moving to the external causes. Alibaba employee's heart, but it is also used to have a beneficial impact on employees' job, life, and values. References Mason, K. (2012). View all posts by sudaporn.vittayakul. 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. [online] Available at: http://www. Available at: http://web. 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). The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: (2009). you to an academic expert within 3 minutes. 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. Listen to the summary at Blinkist or listen to the book at Audible. It incorporates their decision-making style, problem-solving mechanisms, and their concerns for the overall globe making them "global leaders." This paper critically compares the implications of their approaches to comprehensive employee motivation and company performance. bbc. 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