Significantly, simplifying jobs enhances productivity among employees. Persistence is the continued effort toward a goal even though obstacles may exist. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). Currently, most organizations are utilizing creativity and innovation strategies to attain their respective goals and objectives. Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. 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. This helps employees feel valued and can remove animosity between employee and employer. alibaba. More so, they led and directed the group in professional ways. hiking club, biking club, running club etc. Essentially, every corporate team has a purpose of pursuing. 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 . 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. International Distribution Policy Comparative Analysis between Samsung and Apple. Moreover, the adoption of the theory has enabled the company to attain improved leadership models. Compensation is based on: alibaba. Sanyal, S., & Hisam, M. W. (2018). The company promotes teamwork in the workplace. The Internet grew, and so did the business. For example, for self-improvement Alibaba may provide training, mentoring, and learning to employees. Besides, relevant department would better assign a special supervisor to investigate the staff on suspicion of corruption. Alibaba Group. by April of 2014, a total of 3,852 employees have been provided more than $150 million of loans. The groups leadership was effective as the leaders were accommodative, informed, and neutral. As a result, corruption was caused secretly by the combination of selfish desire and power without supervision. This can be illustrated by the following equation: Individuals outcomes/individuals own inputs = relational partners outcomes/relational partners inputs (Adams et al, 1976). [online] Available at: http://news. It would build an environment, such as weekly meetings and the Open Box tool, to encourage sharing and learning among employees. In this decade, no one knows "Alibaba", the largest wholesale site in the world, which is a Chinese-owned website that has become international. In terms of fun, Alibaba promotes this strategy in two ways. use various motivation theories to support your answer. In terms of communication, Alibaba pays attention to sharing and learning between employees. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. Swap Download study resources by swapping your own or buying Exchange Credits. In his speech, Alibaba used a totally different method from Samsung. 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. Staff feel happier if they feel valued and are likely to stay within the organisation. Jack, however, wasnt an entrepreneur right from the start. 6. 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. Moreover, an effective team is guided by the principle of resource allocation (Sanyal and Hisam, 2018). html [Accessed: 05 Nov 2012]. online] Available at: http://www. In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. This is a BETA experience. Employees will strive to do the best they can and excel at their job. 14 Motivational Theories and Models . Traditionally, implementing a strategy costs a long time to achieve success. The Hangzhou, China-based firm inked . Consequently, as a result of motivation, the company has significantly increased its production frontier. Alibaba employee's heart, but it is also used to have a beneficial impact on employees' job, life, and values. The team also adopted the effective conflict moment. Significantly, the premium brand of Alibaba attained and maintained through effective management strategies (Bo and Chan, 2018). Effective teamwork should acknowledge different diversities like gender, race, age, and colour. Due to the theories of human resource management are not fully understood, the analysis of the case study about the Alibaba Group is not in-depth and incomplete. 6. Tien, N. H. (2020). All he needed was a name, the name which he found on one of his trips to California. 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). com (2012). 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,. We store cookies data for a seamless user experience. 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. In the shadow of the communist government, the people in China havent been very consumer-minded. Import & Export on alibaba.com The following strategies can help a manager persuade staff members to remain on the job and provide valuable contributions for over 30 years: 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. It believes that working as a team can help ignite excellent ideas. one year ago, Posted Essentially, several management theories have been adopted to create enabling environment among the many employees. 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. And lastly, as thesixth strategy they decided to adopt encourage achievement through a rewarding system. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. hb```e``@(1@L-Zst9,@[gn[`e(cr8:":@ Hkm 06?bwLp9odX$r^&%]uzp&x2]^ 'n~q%@ ZY com/specials/aboutalibaba/aligroup/group_news. Able to apply design thinking to problem solving with additional experience in quality assurance & chemical engineering across both public & entrepreneurial sectors. Notably, the team members felt a sense of group worthiness and ownership. Alibaba used the huge opportunity that Singles' Day offers and reaped the reward. astd2007. assignments. Graduate of Chulalongkorn University. They also treated the members with dignity and respect. Every activity assigned, we did as a team and readily shared. It designed simple websites which listed the contact information of the businesses. Meanwhile, the firm should adjust its organizational structure that supports employees in every level to be able to talk or share opinions without feeling unsecure. Malaysia Xiamen University Malaysia And then the stage of needs moves to the third level subsequently-seeking social belongingness in the workplace. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. Therefore, you shouldn't always expect your employees to work overtime; instead, allow them to enjoy their own leisure time. yesterday. A service designed for small businesses. Alibaba employees are motivated through good salary packages and involvement in decision-making. Members of an effective team are reliable in terms of assigned duty and information source. Imagine and march ahead! While the Alibaba team has snowballed from the original 18 founding members to a giant of 24,000, some of the cultural elements from its earlier start-up days have been carefully retained. 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. However, it is difficult to transform corporate culture into practice to some extent. 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. Behavioral and Brain Sciences, 7 (4), p. 547-553. 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. 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. Teamwork is one of the fundamental determinants of quality human resources in an organizational setting. Assuming the organization have optimistic thoughts and future Posted China may be a leading tech country today, but years ago things werent the same. Moreover, they have an opportunity to look for a new position that matches with their abilities and interests. 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. And some employees are with Alibaba for years. 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. It implies that the efforts and ideas are not channelled towards purpose realization. The motivational success story of Jack Ma started shaping from then. And on that day in 2015, the first 10 minutes saw $1 billion worth of selling on Alibaba. Among these programs, employee stock ownership plan (ESOP) is quite similar to the incentive system in Alibaba. com/blogs/newsbook/2011/02/online-fraud_scandal_china [Accessed: 05 Nov 2012]. But this new business was like a house of cards. Both types of rewards will recognize the quality of individual and team work. International Journal of Research in Marketing Management and Sales 2019,1(2), 24-27. Second, they company is willing to provide rewards to employees who have high performance. 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 . Moreover, the team demonstrated the principle of inclusion. International Journal of Organizational Innovation (Online),5(4), 78. 2. Jack Ma started as a poor English teacher and ended up as one of the richest businessmen in China. 2013). 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. 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. Sometimes it is hard to do all the work on your own. 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