The collaboration was on another level enabling us to achieve many objectives with ease. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. Hua, T. (2012). Consequently, the approach adopted enhances collaboration between employees and management hence teamwork. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. You may opt-out by, How Plaza Premium Lounges Song Hoi-See Transformed The Airport Experience, Asias 2019 Heroes Of Philanthropy: Catalysts For Change, John Gokongwei Jr, Philippines' Third-Richest Person, Dies At 93, Philippines' Richest 2019: With A Notable Five Deceased, A New Generation Takes The Helm, Philippines' Richest 2019: Six Of The Sy Siblings Land On The List, Replacing Their Late Father As The New No. One main reason is that performance is an ongoing process (Workforce News, 2016). After 87 years you can marry some else. Available at: http://web. Imagine and march ahead! Jack tries to make sure that every customer has an experience like no other. ?>. Management Theory Influences Team Working com. Compensation is based on: astd2007. On the other hand, Apple focuses on communication between the organization and its employees. Pay and rewards attract and retain employees. The Surgical Technologist, 8 p. 348-353. International Encyclopedia of the Social & Behavioral Sciences, 2nd ed. But the access to the Internet was minimal and convincing businesses for an online presence was a difficult task. The officers participated in the fraud are almost from a high-powered job position in Alibaba Group and own important resource and privileges in the company. you to an academic expert within 3 minutes. The team also adopted the effective conflict moment. Drawing from the principle of resource allocation, the team ran out of fieldwork facilitation money. In the earlier days the names came from novels of Chinese martial arts. com/specials/aboutalibaba/aligroup/culture_values. We use cookies to ensure that we give you the best experience on our website. 3) PraisePraise is always beneficial. Additionally, inducing a culture of productivity and employee participation in large companies calls for effective management interventions (Greve and Argote, 2015). The theory was pioneered by an American engineer, Fredrick Taylor (Huang et al., 2013). Alibaba Group. It means that individuals would reinforce a kind of behaviour once its consequence benefit to them. 6. Keywords: alibaba company, autocratic management, conductive management, persuasive management, democratic management. And they got the taste of success soon. assignments. According to Huang et al. However, it is difficult to transform corporate culture into practice to some extent. 2) Give individuals more freedom - When people feel in control of their lives, they are more motivated and happier. aspx? This helps in maintaining a friendly relation with the members later on. Aarts (2014), The truth about employee engagement. 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,. co. uk/news/business-13986308 [Accessed: 1 Nov 2012]. Improve retention; employees are more loyal and motivated when their bosses take time to help them improve their skills. Alibaba and the 2,236 thieves. Alibaba employees are motivated through good salary packages and involvement in decision-making. Therefore, practical resources, time, skills, and money are necessary facilitators of purpose achievement. ?>, Order original essay sample specially for your assignment needs, Jack Ma (Ma, Yun), Alibaba of Chinas E-Commerce Business, How Alibaba Celebrated the Countdown to its Biggest Sales Day of the Year, Yiping Gong, Regional Manager, Alibaba Cloud, On Cloud Computing And Entrepreneurship In The Middle East, get custom Need for Power (nPOW): Influence, Competitive Typical behaviors: Many Internet companies lost substantial money, and many lost their business. When given more freedom at work, employees are happier in their jobs. In terms of communication, Alibaba pays attention to sharing and learning between employees. People are able to realise their abilities and potential, take on more responsibility or variety of tasks which improves versatility and prevents boredom leading to demotivation. This strategy was adopting an employee appraisal scheme that was encouraging achievement by rewarding employees who generated successful business ideas. 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. 4. %%EOF In the US economy, however, consumer spending contributes to two-thirds of it. 14 Motivational Theories and Models . In conclusion, the adoption of behavioural theory in Alibaba improved teamwork, translating to goals and objectives achievement. Management Theory Influences Team Working. Were the solution steps not detailed enough? What if Alibaba expands its business to the U.S. Generally, when companies expand their business to other countries, they tend to hire local people. hbbd```b``"H XL*Hi` Td,\ 6ADrEHdizlQ)fN RD@: = '?d7 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). Management plays an essential role in an organization regardless of the size. In the point view of organizational behaviour, it is obvious to see that Ma has applied an effective reward system into his company. Customer-first business philosophy The values of Alibaba put the customer in the first position. 2021 Writersbid.net. Jack needed investors, and they were on a lookout for Asian Internet businesses. 2 Establish the mechanism of risk management. References Mason, K. (2012). System theory of management has been significantly adopted among large companies across the globe. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. Revenge-seeking is obviously strictly prohibited, although participants may choose to award or punish a commentator with virtual credits - Ma himself has had his sesame seeds (what the credits are called) deducted for making unpopular comments. Behavioural Management Theory in Alibaba Company. Case Application - Alibaba: Motivation for the Long Haul. A team of xiaoer (literally meaning servants) is there to solve any conflict between customers and vendors. Boost productivity by helping your employees work smarter. In terms of fun, Alibaba promotes this strategy in two ways. 4. Jack Ma later remembered: "First week, we have seven employees. He established an Internet business Hangzhou Haibo Network Consulting back in 1995. The equity theory of motivation is the idea that what an individual receives for their work has a direct effect on their motivation. Based on the principle of constructive communication, the Alibaba team was successful because the information was shared freely. Submit your documents and get free Plagiarism report, (Rate this solution on a scale of 1-5 below). skills to the HR profession. 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 . Because of Alibaba's staggering success, Jack Ma is considered as one of the most influential business man and philanthropist. The groups leadership was effective as the leaders were accommodative, informed, and neutral. Consequently, the team was peaceful and united. Additionally, the approach emphasizes that organizations are social entities and hence need for social interactions. com (2012). Samsung doesn't reward their employees at all, instead they manipulate employees' mind with the awareness of economic environment. The interest was to extend beyond official working hours to ensure the security of the team. Economist. A Review and Critical Analysis of the Principles of Scientific Management. That makes his motivational success story even greater! Strengthen employees skills so you can delegate more tasks to them and focus on more important managerial responsibilitiessuch as planning. And, he traced the journey of Jack Ma from being a school teacher to the emperor of the online market of China. Equity is considered when this ratio is equal. Maslow and Stephens (2000) have posited out that individuals will not spend an inordinate amount of time to think about their salaries if they are fairly paid. A bonding event like this is just a small part of Alibabas corporate culture, which has been critical to the success of the company, as the filing stated. The case of Alibaba is discussed in details because the innovative Alibaba B2B platform is radically changing the manufacturing sector worldwide. A former English teacher, Jack Ma cofounded and chairs Alibaba Group, one of the world's largest e-commerce businesses. David Wei and Elvis Lee Quit Alibaba Amid Fraud Inquiry - NYTimes. 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). 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. com (2012). This helps employees feel valued and can remove animosity between employee and employer. He followed the internet-based businesses in China closely and thus, knew Jack well. Notably, to execute the duties collectively calls for effective strategies. New York, Academic Press. Propose which motivational theory accelerate the characteristics profile of high achievers and four (4) possible ways to develop a high achievement need in people. View all posts by sudaporn.vittayakul. Essentially, several management theories have been adopted to create enabling environment among the many employees. Swap Download study resources by swapping your own or buying Exchange Credits. News. Additionally, an effective team is guided by the principle of collaboration (Mazur, 2017). In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. Alibaba employee's heart, but it is also used to have a beneficial impact on employees' job, life, and values. Every person is capable and has the desire to move up the hierarchy toward a level of self-actualization. (1981). All the materials from our website should be used with proper references and in accordance with Terms and conditions. An online-fraud scandal in China: Alibaba and the 2,236 thieves | The Economist. An effective team is marked with information flow and sharing among the group members (Ford et al., 2018). We travel not to escape life, but for life not to escape us. But this new business was like a house of cards. A scientific theory is a management theory utilized among large companies to create a team working environment. A young high-tech company, Tattoo, has grown rapidly during the last few years and it is very clear that the CEO, Paul, has kept the entrepreneurial spirit of the company.. Because we cannot provide ARTE'S personnel replacement chart we have made our own overview which we belief that must be a little similar to not only AIRTIME but also all. html [Accessed: 02 Nov 2012]. The team adopted the principle of respect and dignity among members. 5 p. 12-13. But those soon ran out as the size of the work force expanded. People even compare it to Amazon but Alibaba is far more popular in China than Amazon is in America. For instance, the teachers who do after school tutoring receives extra pay throughout each pay way. Significantly, the premium brand of Alibaba attained and maintained through effective management strategies (Bo and Chan, 2018). 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. We understand the importance of attracting and retaining the best people. Sustainability condition of open innovation: Dynamic growth of Alibaba from SME to large enterprise. Shalley, C. and Oldham , G. (2004). In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. Hes an investment banker with over 20 years of experience in China and is the writer of this Jack Ma book Alibaba. use various motivation theories to support your answer. Strategies for building effective virtual teams: Trust is key. Poston, B. Additionally, it is necessary to introduce different kinds of methods of personal testing and assessment which combine the enterprise culture into the evaluation. According to Ford et al. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. 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. Business Management, Iss. Celebrated on November 11, its a national holiday there. Among these programs, employee stock ownership plan (ESOP) is quite similar to the incentive system in Alibaba. Develop a deep bench of talent who can step into your shoes as you advance in the company. Moreover, company should be direct to their employees when giving feedback and help them further their careers through constant. The mass wedding being one example, Alibaba has taken care to offer family-like support to its employees. Through the founder, Jack Ma, the company adopted behavioural management theory as a workforce management strategy (Bo and Chan, 2018). Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). Order custom essay Hrm About Alibaba Not that defaults have not occurred, but Alibaba has been rather lenient: the stipulation only says that Alibaba has the right to decide to never hire back an employee who, upon leaving the company, does not repay the loans within 90 days.. endstream endobj 183 0 obj <>>>/Metadata 71 0 R/Outlines 225 0 R/PageLayout/OneColumn/PageMode/UseOutlines/Pages 179 0 R/Type/Catalog/ViewerPreferences<>>> endobj 184 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 185 0 obj <>stream This is because they are familiar with the market and know customer needs in their country very well. (2009). 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. Attention to sharing and learning between employees and management hence teamwork its benefit! 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