Notably, the rights and freedom of a team member should not violate ethical working relationships with colleagues. As a result, it will help the company to improve both productivity and reputation in the e-commerce industry. Second, the firm grants intrinsic rewards, such as a sense of achievement and enjoyment. (2020, October). 5 p. 12-13. My Significantly, resource allocation does not help in attaining an effective team rather achieving of objectives of an organization. We understand the importance of attracting and retaining the best people. European Journal of Marketing, 46 (7), p. 684-711. 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. Motivation Achievement Theory can help you to stimulate your employees with encouragement. Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. Persistence is the continued effort toward a goal even though obstacles may exist. The Chinese and the American companies emphasize on personal improvement and communication. International Encyclopedia of the Social & Behavioral Sciences, 2nd ed. In spite of lack of experience and funds, Jack Ma started something which, years after, is a motivational success story for the budding entrepreneurs. In this article, I'll be taking you through an in-depth . 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. However, they apply both strategies in different practices. The strategy was adopted to motivate and enhance employees commitments towards higher achievements. 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. 4. 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. 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. co. uk (2011). 2. your own essay or use it as a source, but you need Multi-cultural and multi-lingual, bringing solid S.T.E.M. 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. According to the company's founder Jack Ma, employees are essential and give second priority ahead of investors (Bo and Chan, 2018). com, Juhuasuan, e-Tao and Alibaba Cloud Computing (News, 2012). html [Accessed: 02 Nov 2012]. How can managers ensure that they encourage a motivated workforce? (2017, Jan 13). Hitesh Rohra (2014-2015), Training and development in Apple Inc, http://www.academia.edu/6709098/Training_and_development_program_in_Apple_Inc, http://fortune.com/2016/01/28/apple-retail-ahrendts-employees/, , TechRepublic, 10 things you should know about Alibaba Restrived from, https://www.techrepublic.com/blog/10-things/10-things-you-should-know-about-alibaba/, Alibaba group(copyright Notice 1999-2018), Alibaba official website culture and value, http://www.alibabagroup.com/en/about/culture, Alibabas & Apples Employee Engagement StrategiesEp.3. 182 0 obj <> endobj Essentially, several management theories have been adopted to create enabling environment among the many employees. use various motivation theories to support your answer. All rights reserved. This helps employees feel valued and can remove animosity between employee and employer. 1% and 0. We use cookies to give you the best experience possible. According to Huang et al. Jack, however, wasnt an entrepreneur right from the start. Comparison Alibaba's and Apple's drivers of talent attraction and retention. But those soon ran out as the size of the work force expanded. Consequently, the team was not able to meet the predetermined. Poston, B. 6. Sustainability condition of open innovation: Dynamic growth of Alibaba from SME to large enterprise. Therefore, it makes sense that managers at Alibaba will help to defraud if dynamically taking managers greedy desire into consideration. The team also adopted the effective conflict moment. 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). In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. eBay bought the company which controlled about 90% of the business. In Skinnners reinforcement theory, Skinner (1984) has drawn attention to the fact that appropriate reinforcement based on public consequence may influence verbal response. number: 206095338, E-mail us: Additionally, the company creates a competitive environment in order to tap its employees potential to become more initiative and innovative. Additionally, inducing a culture of productivity and employee participation in large companies calls for effective management interventions (Greve and Argote, 2015). Thus, if the pre-supervision runs into a problem, it represents the failure in enterprise culture management. Jack Ma started as a poor English teacher and ended up as one of the richest businessmen in China. The development of supervision before the event, at present and after the event all depends on the growth of the enterprise culture. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress | Theme: Pink Touch 2 by WordPress.com. Vroom's expectancy theory is a process-based motivation theory which assumes that an individual's behaviour results from the conscious choices they make from multiple available alternatives. Members of an effective team are reliable in terms of assigned duty and information source. However, the employees morale is crucial in improving performance. Imagine and march ahead! On the other hand, Apple highlights in training and learning. Dewalska-Opitek, A. Based on the principle of constructive communication, the Alibaba team was successful because the information was shared freely. com (2012). 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. 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. Aarts (2014), The truth about employee engagement. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. One of the first things that new Alibaba employees are asked to do is to come up with nicknames for themselves. 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. Consequently, motivation and morale have improved the team working culture. As we know, Ma established the first e-commerce company in China and also founded Alibaba, the largest retail trading platform around the world. Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. But within these 87 years, you cannot change your mind.. Celebrated on November 11, its a national holiday there. OK, I've done the questions 1 and 2 as requested. 4. He is willing to take a high personal risk to achieve his goal. MASLOW, A. H. , & STEPHENS, D. C. (2000). In the earlier days the names came from novels of Chinese martial arts. Assuming the organization have optimistic thoughts and future Posted Upon looking at an old coworker, he realized he doesnt want a future like that. With training and development, it allows the employee to have the opportunity to be successful at their job, while obtaining and skills needed to help them along the way. Moreover, the company also listens to employees opinions no matter they are in an entry position. Get expert help in mere There are essential principles of effective teamwork. View all posts by sudaporn.vittayakul. Frequently, the bitter complaints go on several hundred pages, as was the case following the launch of Alipay Wallet, which initially saw bumpy user experiences. 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. New York, Academic Press. Study Study from your library anywhere, anytime. One of the greatest entrepreneurs of all time, Jack Ma envisioned Alibaba when only a few even had email accounts. The Internet grew, and so did the business. writersbid.net provides writing and research services for limited use only. Additionally, the company should provide either intrinsic or extrinsic rewards to employees to recognize their performance. 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. essay. The purpose of this paper is to discuss innovation strategies and to answer the question of what innovation strategy Alibaba uses. It means that individuals would reinforce a kind of behaviour once its consequence benefit to them. We buy. Notably, to execute the duties collectively calls for effective strategies. Surprisingly, these allegedly fraudulent online shops account for 1. 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. Therefore, the outline of this report about the human resource management issue behind the online fraud of Alibaba is as follows. Finally, good teamwork is characterized by diversity and equality (Sanyal and Hisam, 2018). strongly built loyalty as well as motivation within the employees. The values of Alibaba put the customer in the first position. 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. Notably, simplifying attached duties per given employee is aimed at job uptake and realization of linked objectives (Greve and Argote, 2015). Even though different larges organizations are utilizing different management theories, the essay focuses on scientific theory in Alibaba Company. First, the company encourages employees to follow their passions. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. The country is embracing consumerism, and the motivational success story of Alibaba is an epitome. Privacy Policy. No longer confined to the emerging online markets of China, Alibaba now plays on an international level, with plans to compete for customers from around the world.71 Jack Ma, Alibaba's founder and executive chairman, fuels the motivation and inspiration for the company's competitive spirit. Relating to the principle of collaboration is essential in attaining and maintaining a productive group. Researchers have identified three major components of motivation: activation, persistence, and intensity. Graduate of Chulalongkorn University. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). Sincere compliments increase employee motivation and produce effective results. (2013), managers are entrusted with planning, coordinating, organizing, staffing, and leading. Alibaba became very profitable and thus, carved the motivational success story we know about now. Improve the standard system of selection and appointment Alibaba Group should try to improve the standard system of selection in order to ensure the person employed has higher organizational commitment. Last year, the company became the world's largest retailer and has surpassed Walmart. In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. 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. Moreover, behavioural management theory is adopted in large organizations likes Apple, BMW, and Kentucky Fried Chicken (KFC) (Greve and Argote, 2015). Notably, there is a need for team working to enable large companies to remain competitive and realize a return on investment. one year ago, Posted hb```e``@(1@L-Zst9,@[gn[`e(cr8:":@ Hkm 06?bwLp9odX$r^&%]uzp&x2]^ 'n~q%@ ZY 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. Journal of Management, 30 (6), p. 933-958. 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). Write Retrieved from, http://www.profitguide.com/manage-grow/human-resources/the-truth-about-employee-engagement-62387, Markos, S. & Sridevi (2010), Employee Engagement: The Key to Improving Performance. Swap Download study resources by swapping your own or buying Exchange Credits. 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 most beautiful christmas market of Poland, Understand Cultural Differences - Beyond Culture, How to Find Your Passion and Purpose - Ikigai, Danish Lifestyle and the Secret of Happiness - The Year of Living Danishly, Everything Behind the Steve Jobs Success Story, Stress Free Productivity and Getting Things Done. Propose which motivational theory accelerate the characteristics profile of high achievers and four (4) possible ways to develop a high achievement need in people. 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. 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