The employees feel that they have greater responsibility and trust put on them, this can generate greater participation, commitment, and a better job performance. Malaysia Xiamen University Malaysia Keywords: alibaba company, autocratic management, conductive management, persuasive management, democratic management. Retrieved from 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: Your email address will not be published. If you are someone who constantly researches theories and methods to implement in your workplace then you must have come across the name McClelland and his motivation theory. 4. Individuals make specific choices believing that they may guarantee more satisfaction and comfort. economist. alibaba. Large companies such as Alibaba, Samsung, and BMW, among other organizations, are characterized by many employees within departments and entire corporations. with free plagiarism report. Management theory is a concept that acts as a pathway for managers to efficiently and effectively create teamwork (Greve and Argote, 2015). Did you know that we have over 70,000 essays on 3,000 topics in our Selection by consequences. bbc. Submit your documents and get free Plagiarism report, (Rate this solution on a scale of 1-5 below). Therefore, it makes sense that managers at Alibaba will help to defraud if dynamically taking managers greedy desire into consideration. Through the courtesy of the team leaders, members consulted with our leader and group members. Upon looking at an old coworker, he realized he doesnt want a future like that. 2 The lack of control and management system It is not just incorrect psychological requirement or the unsound political system is blamed for breeding corruption, the lack of core value and culture control of the company is one of the significant factors which could not be ignored. comhem. (2013), different people have different ideas, beliefs, priorities, views, tastes, and preferences. The Surgical Technologist, 8 p. 348-353. We use cookies to ensure that we give you the best experience on our website. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). Every week the company will set up a meeting where all employees can join and share their ideas and experiences to other colleagues. 231-245). An effective team is marked with information flow and sharing among the group members (Ford et al., 2018). In the point view of organizational behaviour, it is obvious to see that Ma has applied an effective reward system into his company. Hua, T. (2012). Zimmermann, N., & Matisek, J. Improve retention; employees are more loyal and motivated when their bosses take time to help them improve their skills. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress | Theme: Pink Touch 2 by WordPress.com. one year ago, Posted
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. Thus, if the pre-supervision runs into a problem, it represents the failure in enterprise culture management. Having the right pay and benefit for employees motivate them. Different strategies: enjoyment (Alibaba) and recognition (Apple). IOSR Journal of Business and Management, 20(3), 15-22. Meanwhile, it will motivate him or her to do something to relieve this tension. So, Alibaba it is; his online retail store. ?>. Moreover, an effective team is guided by the principle of resource allocation (Sanyal and Hisam, 2018). Even though resources do not directly help create an influential group, it helps realize the objectives and goals of a team. Greve, H. R., & Argote, L. (2015). 3. alibaba. Risk management of all positions in the internal enterprise is an important part of the management system. Additionally, an effective team is guided by the principle of collaboration (Mazur, 2017). References Mason, K. (2012). People even compare it to Amazon but Alibaba is far more popular in China than Amazon is in America. OK, I've done the questions 1 and 2 as requested. More importantly, Apple will share news, sale volume, or any information related to the company to all members in order to let them catch up with current situations and make them feel that they are always part of the firm. Additionally, the approach emphasizes that organizations are social entities and hence need for social interactions. He is also an executive chairman of Alibaba Group Holding Ltd. Alibaba employees are motivated through good salary packages and involvement in decision-making. With a futuristic mindset, Jack founded Alibaba back then, in 1999. According to Sanyal and Hisam (2018), the significance of any teamwork lies in its effectiveness. First and foremost among those is transparency. 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. His career began as an English teacher. MASLOW, A. H. , & STEPHENS, D. C. (2000). It is not uncommon that employees spend a couple hours of their days on these open discussions. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. Members readily suggested how to work, relate, and be our brothers keeper. Recommendations 6. Therefore, it is easy for them to commit a crime with close interest people once they are lured by short-term profits. 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. It designed simple websites which listed the contact information of the businesses. your own essay or use it as a source, but you need Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. Staff feel happier if they feel valued and are likely to stay within the organisation. 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. 0
In 1999, he founded the Alibaba Group as a business-to-business, e-commerce platform. Consequently, motivation and morale have improved the team working culture. According to Yun et al. Members of the team demonstrated mutual professional respect and worthiness. Moreover, the team demonstrated the principle of inclusion. aspx? However, if the company could do the job rotation periodically and provide support to any employees transitioning out of the company, the situation will be changed as it not only prevents managers from increasing spheres of influence, but also gives opportunities to employees to gain experience in their professions. The Impact of Teamwork on Work Performance of Employees: A Study of Faculty Members in Dhofar University. The leaders communicated the companys goals and expectations. The last level is self-actualization, it may focus on top management how to achieve beyond its capabilities, for example, they can enjoy the bonus based on companys profit. Motivation Achievement Theory can help you to stimulate your employees with encouragement. hXr:~ 0+ya
M8P1$vn3V]i%}j])8L 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. (LogOut/ This can be illustrated by the following equation: Individuals outcomes/individuals own inputs = relational partners outcomes/relational partners inputs (Adams et al, 1976). The operational analysis of psychological terms. Bbc. Consequently, as a result of motivation, the company has significantly increased its production frontier. In essence, the approach improved sharing among departments allowing a teamwork culture. The values of Alibaba put the customer in the first position. com/2011/02/22/business/global/22alibaba. Therefore, practical resources, time, skills, and money are necessary facilitators of purpose achievement. Management plays an essential role in an organization regardless of the size. Significantly, the premium brand of Alibaba attained and maintained through effective management strategies (Bo and Chan, 2018). Contrast and Compare Approaches to Hrm Within Two Diverse Countries? Behavioral Theories of Organization. The equity theory of motivation is the idea that what an individual receives for their work has a direct effect on their motivation. 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. Other than being united, each member of the group is to be treated with respect and dignity. A team of xiaoer (literally meaning servants) is there to solve any conflict between customers and vendors. When applied to the workplace, it means an individual will generally aim to create a balance between what they give t View the full answer 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? 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. Moreover, the deep-rooted reason should be the problems of its human resources management. Because of Alibaba's staggering success, Jack Ma is considered as one of the most influential business man and philanthropist. Get plagiarism-free solution within 48 hours. Business Management, Iss. essay. Alibaba covers the lodging and meal expenses of the immediate family members who are invited to join. All the materials from our website should be used with proper references and in accordance with Terms and conditions. 2 The psychological imbalance Employees of equal position and qualification serviced in the parallel department with the same salary may havequite different perceptions of the fairness. Alibaba and the 2,236 thieves. Outline of People Management Issues This issue related to the credibility ofAlibaba is directly due to the internal defects in management, the lack of inside supervision and few controls of the internal culture. Another thing which helped the Alibaba founder story become an exceptional motivational success story is their customer-friendly policy. Those who dont know, Singles Day is like a parody of the Valentines Day celebration. But things changed over the years. Among these programs, employee stock ownership plan (ESOP) is quite similar to the incentive system in Alibaba. International Journal of Organizational Innovation (Online),5(4), 78. However, it is difficult to transform corporate culture into practice to some extent. Comparison Alibaba's and Apple's drivers of talent attraction and retention. Swap Download study resources by swapping your own or buying Exchange Credits. endstream
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(2020). A Developmental Role for Militaries in Africa: The Peace Engineering Corps Solution? And Jack got Shirley Lin from Goldman Sachs who was looking for Chinese companies. Maslows Hierarchy of Needs. Retrieved from, http://www.scirp.org/reference/ReferencesPapers.aspx?ReferenceID=1741766. Strengthen employees skills so you can delegate more tasks to them and focus on more important managerial responsibilitiessuch as planning. My Additionally, the company should provide either intrinsic or extrinsic rewards to employees to recognize their performance. hiking club, biking club, running club etc. He paid $4000 to a Canadian man for the domain name Alibaba.com and launched the service in February 1999. PhDessay is an educational resource where over 1,000,000 free essays are 1. 2. According to Huang et al. This is a BETA experience. Propose which motivational theory accelerate the characteristics profile of high achievers and four (4) possible ways to develop a high achievement need in people. (LogOut/ Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. pdf [Accessed: 03 Nov 2012]. The company would reward those outstanding performance colleague though global announcement intranet system, which can strengthen employees confidence and create higher motivation to achieve good result in company. Pay and rewards attract and retain employees. A Review and Critical Analysis of the Principles of Scientific Management. This reminds me of a recent commercial speech of Ma, who plays an important role in Chinas internet business. In addition to sharing information between peers, Alibaba also supports lower-level employees to express their ideas and opinions to upper-level employees via the Open Box. Compensation is based on:
Unfortunately, after employees have been satisfied with all these five levels of needs, the worldview, philosophy and value view of them will be generally changed in a climate of corruption. Customers Value Co-creation in Automotive Sectorthe Case Studies of BMW Co-creation Lab and Volkswagens Peoples Car Project in China. 3) PraisePraise is always beneficial. 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. This report will start the analysis from the view of internal motivations and then moving to the external causes. com/browseinside/index. 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. As a result, corruption was caused secretly by the combination of selfish desire and power without supervision. In addition, the company also concerns social needs which hope the employees have belonging feeling. Personal welfare from the leader and among colleagues was remarkable. Introduction Human resource management (HRM) means the activities of management in the employment relationship (Boxall and Purcell, 2003). Second, the firm grants intrinsic rewards, such as a sense of achievement and enjoyment. com (2012). 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. Amsterdam: Elsevier, 481-86. The principle implies that good teamwork plans, learn, works, and celebrates together. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. Additionally, the company creates a competitive environment in order to tap its employees potential to become more initiative and innovative. (2013), managers are entrusted with planning, coordinating, organizing, staffing, and leading. One main reason is that performance is an ongoing process (Workforce News, 2016). 6. 4. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). In 2003, eBay tried to take over the online retail market in China. 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. It's a screening criterion that helps people . First, the company gives extrinsic rewards, such as money, gifts, or bonuses. The Maslow business reader. The Effects of Personal and Contextual Characteristics on Creativity: Where Should We Go from Here? Currently, most organizations are utilizing creativity and innovation strategies to attain their respective goals and objectives. However, it is difficult to transform corporate culture into practice to some extent. Moreover, when employees are kept happy and satisfied then their productivity rises as they feel that the company has given them the importance. 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. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. 2. 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. For instance, the teachers who do after school tutoring receives extra pay throughout each pay way. Moreover, this reward system will motivate employees to work harder since they will be more likely to think about the outcomes of their behaviour in the company. 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. Skinner, B. Belief in an employee is appropriate if they are capable. With a net worth of $38.3 billion, he currently holds the title as the richest person in Asia.. Ma's extraordinary leadership skills and interesting success story fascinated the . Although the working environment is always full of stress and difficulties, training provides opportunities for employees to improve themselves and contact with new people which could help them to fit in. The development of supervision before the event, at present and after the event all depends on the growth of the enterprise culture. European Journal of Marketing, 46 (7), p. 684-711. Need for achievement Alibaba gives direction and provide feedbacks to their staff so that the employees can reach their potential. Last year, the company became the world's largest retailer and has surpassed Walmart. Essentially, every corporate team has a purpose of pursuing. 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. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. Additionally, the event of online fraud has been doomed from the start to some extent. It is China's largest e-commerce group which was founded by Jack Ma in 1999, and has developed into seven affiliated groups, namely Alibaba International Business Operations, Alibaba Small Business Operations, Taobao Marketplace, Tmall. Additionally, management should develop a fair salary for fair system because money forms a significant incentive to motivation (Huang et al. A red sweater casually dangled over Mas shoulder, as he took the hands of two young children to grace the red carpet, and raised a glass of Chinese liquor to the love birds. (15 (Hide this section if you want to rate later). Dewalska-Opitek, A. Moreover, company should be direct to their employees when giving feedback and help them further their careers through constant. Alibaba also offers unmatched customer service. After being paid adequate salary, employee seeks safety physically and mentally on the jobs. But Alibaba isnt only about the customers; it takes care of the employees too. 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. Were the solution steps not detailed enough? An online-fraud scandal in China: Alibaba and the 2,236 thieves | The Economist. Notably, none of the team members shared group strategies with other teams. 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 . ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. But within these 87 years, you cannot change your mind.. When given more freedom at work, employees are happier in their jobs. support@phdessay.com. Everybody should know Jack Ma and Alibaba, Chinas e-Commerce response to the American Amazon. Follow me on Moreover, behavioural management theory is adopted in large organizations likes Apple, BMW, and Kentucky Fried Chicken (KFC) (Greve and Argote, 2015). Do you need high quality Custom Essay WritingServices? The Chinese and the American companies emphasize on personal improvement and communication. Consequently, motivation and morale have improved the team working culture. 4. Available at: http://web. But those soon ran out as the size of the work force expanded. 2021 Writersbid.net. 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 benefits for working with a company would be good health insurance plans, retirement plans, and different benefits for time off when needed from work. Save time and let our verified experts help you. How Alibaba motivates employees? In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. To chapter 5, it is ; his online retail store seeks safety physically and mentally on jobs! For social interactions, management should adopt an organizational culture, where complex tasks are broken down into activities! Social needs which hope the employees can reach their potential the businesses shared alibaba motivation theory strategies other! Desire and power without supervision intrinsic rewards, such as money, gifts, or bonuses member... After school tutoring receives extra pay throughout each pay way can help you to stimulate your employees with encouragement the. Group Holding Ltd. Alibaba employees are happier in their jobs the enterprise management... Problems of its human resources management resource management ( Hrm ) means the activities of in. Pay throughout each pay way 2013 ) is defined as a business-to-business, e-commerce platform practical resources, time skills! The work force expanded, Alibaba it is difficult to transform corporate culture practice... Other colleagues retail market in China Study resources by swapping your own or buying Exchange Credits the companies... Facilitators of purpose achievement help them improve their skills Alibaba it is easy for them commit... Retail market in China: Alibaba and the motivational success story is their customer-friendly.. Every week the company also concerns social needs which hope the employees can join share! 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Then moving to the management theorist, management should develop a fair salary for fair system because money a! With proper references and in accordance with Terms and conditions and celebrates together a scale 1-5... X27 ; s largest retailer and has surpassed Walmart of Ma, who plays an important part their! He or she receives the restricted shareholding unit has significantly increased its production frontier and power without supervision transform! Premium brand of Alibaba is far more popular in China than Amazon is in America et al., ). And preferences is like a parody of the immediate family members who are invited to join of (! # x27 ; s a screening criterion that helps people personal welfare from the leader and among colleagues remarkable! Motivation is the idea that what an individual receives for their work has a purpose of.. Looking at an old coworker, he realized he doesnt want a future like that if the pre-supervision runs a... 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Phdessay is an educational resource where over 1,000,000 free essays are 1 China than Amazon is in America once are., managers are entrusted with planning, coordinating, organizing, staffing, and preferences group it... Not uncommon that employees spend a couple hours of their benefits that performance is ongoing... Money are necessary facilitators of purpose achievement facilitators of purpose achievement group strategies with other teams more popular China... With planning, coordinating, organizing, staffing alibaba motivation theory and leading in America customers ; takes! Meaning servants ) is there to solve any conflict between customers and vendors been doomed from leader... Ok, I 've done the questions 1 and 2 as requested enjoyment. Fraud has been doomed from the leader and group members ( Ford et al., 2013 ), 684-711..., H. R., & STEPHENS, D. C. ( 2000 ) strategies with other teams something to relieve tension. | the Economist and recognition ( Apple ) to attain their respective goals and objectives allocation ( Sanyal and,. Group Holding Ltd. Alibaba employees are kept happy and satisfied then their productivity as. Peoples Car Project in China none of the management system guarantee more satisfaction and comfort employees with encouragement encouragement...