According to Huang et al. Introduction Human resource management (HRM) means the activities of management in the employment relationship (Boxall and Purcell, 2003). People are curious about their performance. by April of 2014, a total of 3,852 employees have been provided more than $150 million of loans. 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. 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.. In the US economy, however, consumer spending contributes to two-thirds of it. Additionally, the company should provide either intrinsic or extrinsic rewards to employees to recognize their performance. Propose which motivational theory accelerate the characteristics profile of high achievers and four (4) possible ways to develop a high achievement need in people. To know more check the 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. 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. Workers can be joyful and productive in a surrounding that values the necessity to balance leisure and work (Ranade, 2022). Consequently, the team was not able to meet the predetermined. It is an internet company with a higher market value in this period, founded by Jack Ma. Those who dont know, Singles Day is like a parody of the Valentines Day celebration. Selection by consequences. Graduate of Chulalongkorn University. Management Theory Influences Team Working. Things were by no means easy at first. ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. According to the principle, all members should pull towards a given direction. Organizational culture diagnoses and cultural audits, for example, can give an accurate picture of an organizations current management system (Mason, 2012). Hua, T. (2012). In Kyukims blog, he talks about Samsung motivates employees by threatening the employees in South Korea. (2020, October). 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. According to human relations theory, money is not the only means of improving employee satisfaction (Huang et al., 2013). In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. Alibaba Group. 7 months ago, Posted 182 0 obj <> endobj The leaders of the group emphasized the benefits of keeping group secrets. 2. Dd"a.B1k ai0a%e;DIv)$g#S2dJK SNK(8ht05q~b{pp. com/blogs/newsbook/2011/02/online-fraud_scandal_china [Accessed: 05 Nov 2012]. Make more effective use of company resources; coaching costs less than formal training (p. 1). 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. 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. Drawing from the attached significance of a management theory, it is essential for any management team (Huang et al., 2013). As a result, it will help the company to improve both productivity and reputation in the e-commerce industry. com (2012). Then theres employee relations, which helps build a positive relationship between employers and employees. The 102 married couples resonated with the 102 years that Ma has said Alibaba shall survive. This strategy was adopting an employee appraisal scheme that was encouraging achievement by rewarding employees who generated successful business ideas. Assessment 3 Instructions: Analyzing a Current Health Care. com/specials/aboutalibaba/aligroup/culture_values. Last year, the company became the world's largest retailer and has surpassed Walmart. 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. Customer-first business philosophy The values of Alibaba put the customer in the first position. One main reason is that performance is an ongoing process (Workforce News, 2016). We store cookies data for a seamless user experience. When given more freedom at work, employees are happier in their jobs. One of the greatest entrepreneurs of all time, Jack Ma envisioned Alibaba when only a few even had email accounts. 3. After a long period of management experience, the style that most probably used by Jack Ma throughout his career for managing Alibaba group is the persuasive style. Was the final answer of the question wrong? The collaboration was on another level enabling us to achieve many objectives with ease. 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. According Shalley and Oldham (2004), employees will have job burnout of different extents as well as reduction of creativity after 6 years working in the same position. Drawing from the principle of team welfare, team members were assigned the duty of checking on colleagues. Stock options provides employees with the right to buy and sell their stocks in the company. Employees will strive to do the best they can and excel at their job. Similarly, employees, strategies, synergies, and systems form vital components in an organization setting. The leadership of Alibaba, from the founder to the operational management, has adopted an enabling working environment through scientific management theory. China may be a leading tech country today, but years ago things werent the same. 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. Through the founder, Jack Ma, the company adopted behavioural management theory as a workforce management strategy (Bo and Chan, 2018). [online] Available at: http://www. Moreover, the services were costly and Internet connections unreliable. Submit your documents and get free Plagiarism report, (Rate this solution on a scale of 1-5 below). So, they cut costs and narrowed themselves only to the Chinese market. International Distribution Policy Comparative Analysis between Samsung and Apple. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); HR professional, 6 years of experience in training & development, with credential from New York University. In Kyukim's blog, he talks about Samsung motivates employees by "threatening" the employees in South Korea. David Wei and Elvis Lee Quit Alibaba Amid Fraud Inquiry - NYTimes. Every person is capable and has the desire to move up the hierarchy toward a level of self-actualization. 5 p. 12-13. 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. Collectively, an effective team treats its members the same. alibaba. OK, I've done the questions 1 and 2 as requested. Twitter Samsung doesn't reward their employees at all, instead they manipulate employees' mind with the awareness of economic environment. Import & Export on alibaba.com When an employee is hired, their giving a hand booklet of the companys. (LogOut/ 4. However, analysing the issue of human resource management in the view of psychology is an innovative point of this report. Therefore, the outline of this report about the human resource management issue behind the online fraud of Alibaba is as follows. Drawing from the principle of resource allocation, the team ran out of fieldwork facilitation money. 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). Image Courtesy of Dan Croitor Consequently, the team was peaceful and united. Section 1 Globalized Economy: Challenges and Prospects, 200. But even by the end of 2000, Alibaba wasnt profitable. An example of activation would be enrolling in psychology courses in order to earn your degree. Alibaba covers the lodging and meal expenses of the immediate family members who are invited to join. But within these 87 years, you cannot change your mind.. com/browseinside/index. 209 0 obj <>/Filter/FlateDecode/ID[<174F6B9330FF0045907F5F954E9BD9D1>]/Index[182 65]/Info 181 0 R/Length 132/Prev 507426/Root 183 0 R/Size 247/Type/XRef/W[1 3 1]>>stream Persistence is the continued effort toward a goal even though obstacles may exist. Consequently, improved leadership fostered decision-making between related projects. Therefore, practical resources, time, skills, and money are necessary facilitators of purpose achievement. But this new business was like a house of cards. Everyone he asked, knew about the story of Ali Baba and the Forty Thieves. According to the management theorist, management should adopt an organizational culture, where complex tasks are broken down into simple activities. ast. Both the greedy desire and the psychological imbalance are the internal reason behind the problem. 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. 10 minutes with: Explore how the human body functions as one unit in harmony in order to life //= $post_title It designed simple websites which listed the contact information of the businesses. Harpercollins. 5. 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. But Alibaba isnt only about the customers; it takes care of the employees too. Therefore, it points out that Alibaba and Apple have both similar and different strategies in attracting and retaining employees. Save time and let our verified experts help you. Training and development has a positive impact on employees, this shows investment from the employer and enhances career progression. And STEPHEN, D. (2003). Moreover, Jack tried expanding his business in the US. First and foremost among those is transparency. Follow me on (2018), effective teamwork is marked by the principle of reliability. The merchants, however, can pay to get themselves featured. BA did not make short-term objectives in this strategy, and no plan about rewards for those employees who would help BA achieve the target. By 1999, he had the plan for his new idea and a team. According to the theory, an organization is like a human body bearing many parts. Moreover, the deep-rooted reason should be the problems of its human resources management. However, weak awareness of the human resource control among Alibaba Groups executives sets the stage for this online fraud scandal in China. In conclusion, the team members noted effective teams to be defined by purpose, good leadership, mutual respect, inclusion, and construction communication. But they didnt consider the Chinese people and were not appealing to their customers. 2. Employees are the ones who complete the assigned tasks, so handling them with respect encourages them to work effectively. pdf [Accessed: 06 Nov 2012]. The team leader has the mandate of guiding and directing the team members. Dewalska-Opitek, A. cite it. Meanwhile, when setting Maslows model into the business to understand the motivation behind employees behaviours, it is not amazing to find that there are also have similar five levels of needs which including wages, safety, social belongingness, self-esteem and finally self-actualization. The table showing similarities and differences between Alibaba and Apple. Motivation - Three Needs Theory: Need for Achievement (nACH): Personal responsibility, Feedback, Moderate risk Typical behaviors: High: Must win at any cost, must be on top, and receive credit. So, he went to the US for inspiration. PhDessay is an educational resource where over 1,000,000 free essays are There are six core values guide Alibaba Groups operations and operate its culture, which including customer first, teamwork, embrace change, integrity passion and commitment (News, 1999). How can managers ensure that they encourage a motivated workforce? You can as well click place order now and get a plagiarism free paper. He established an Internet business Hangzhou Haibo Network Consulting back in 1995. 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). Individuals make specific choices believing that they may guarantee more satisfaction and comfort. com, Juhuasuan, e-Tao and Alibaba Cloud Computing (News, 2012). Members of an effective team are reliable in terms of assigned duty and information source. 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