Introduction:
Leadership is a vital component that leads effective teamwork. According to Mullins (2010), a good leader will influence his talented staff and their actions will lead the good performance. This report is going to examine the influences of the Ma Yun’s leadership on the Alibaba Group.
Business environment
Nowadays, high-speed development of the technology has changed the daily life and the computer and the Internet have become the mainstream in China markets. The expansion of the Internet rapidly leads the e-commence to develop and change the operation way of Chinese business. At present, there are many people who want to start-up a business on their own. Ma seizes the opportunity to establish a great stage ‘Alibaba’ for those small potential entrepreneurs. In order to adapt to China’s fast-growing e-commerce environment, Alibaba have growth really quick.
What is enterprise?
Enterprise is the organization that applies the innovative attitudes, skills and behavior (Gibb, 2000). According to Bridge, O’neil, and Martin (2009), ‘enterprise’ was defined as the activity of people to create jobs. There were two meanings of enterprise. The first one is ‘narrow’. It indicates that enterprise equal to the entrepreneurship. In other words, ‘enterprise’ and ‘entrepreneurship’ are interchangeable. In addition, the enterprise is a process for a company which comprise of 1) start-up a new business; 2) being in business; 3) growing and developing a business.
On the other hand, the broad meaning of the enterprise is the attitudes and skills that the company can use to solve problems when the company faces the changes (O’neil, and Martin, 2009). In other words, when a business faces the challenges they positively thought it was no...
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...g positions company in e-marketplaces. Ma uses his own charisma to do the decisions and right now Alibaba as a one-stop e-commerce service provider to promote wider use of e-commerce among consumers. Ma has aspired to help make the Internet accessible, credits and beneficial for everyone. Ma has a prodigious self-confident but never arrogant. The most serious things he worried about are the arrogant and greedy of the online shop owner. The mission of the Alibaba that is to make it easy to do business anywhere has already identified that Alibaba as a business service company. Its value is to solve the transaction difficult and to serve the target customers all over the world. So that it naturally has a world-class vision and imagination. Although Ma has already stepped down from the CEO of Alibaba, his spirit and influence will still remain within the Alibaba group.
Leadership at times can be a complex topic to delve into and may appear to be a simple and graspable concept for a certain few. Leadership skills are not simply acquired through position, seniority, pay scale, or the amount of titles an individual holds but is a characteristic acquired or is an innate trait for the fortunate few who possess it. Leadership can be misconstrued with management; a manager “manages” the daily operations of a company’s work while a leader envisions, influences, and empowers the individuals around them.
Leadership can be defined as the way through which one individual has impacts and influences the attitudes and behavior of other people at a workplace. The tasks of leaders in corporations include organizational as well as departmental activities. Leaders are responsible fr coordination of these activities so as to reach the goals successfully by motivating and inspiring team members. (DUYGULU, Ethem and Ciraklar, Nurcan, 2008). Besides, leaders are supposed to resolve issues by avoiding conflicting situations related to work and strive to boost progress on achieving the overall objectives of a company. Moreover, great leaders provide the required knowledge,
Jack Ma founded Alibaba Group, together with his 17 friends in 1999. Jack Ma was just an English teacher when he developed the idea of establishing an e-commerce site that will help sellers and buyers alike, as a platform for them to communicate, advertise and make transactions. The Internet was still not at the peak of its popularity yet back then, but Jack Ma had a vision. With a fund of he knew that he could help businesses in China to develop and compete competitively in the local and international markets. Today, Alibaba Group has grown so much and has created multiple platforms for the business-to-business, business-to-customer, and customer-to-customer trading site and been one of the largest e-commerce sites that ever established.
Today, China tops as the largest marketplace globally, with the size of twice as large as the United States’ market. As of 2014, average Internet user in China spends about 20 hours each week staying online on the Internet and the number of users has accumulated to 560 million and most of them do prefer e-commerce compared to traditional retailing. Apart from big manufacturers and companies, Alibaba also focuses on marketing their brand to small and medium-sized business and even to individual business persons, which will have great opportunity in the
Alibaba is a large online and mobile marketplace for consumers, suppliers, and investors. The firm’s mission is “to make it easy to do business anywhere” (Alibaba Group, 2016, para.1). This is done by providing technology and services to aid consumers, suppliers, and other participants to conduct trade globally (Alibaba Group, 2016,
Don’t be a follower, be your own boss and build an empire. Before Jack Ma China there was no such thing as the internet or an online shopping website, where small business can sell and compete against big businesses. Jack Ma said “Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world”, help the small help the young that is why he created the Alibaba Group. Many big businesses have their own website, storage, and shipping method while small business has to do everything themselves. Alibaba provided a web-base business that provides them an inexpensive way to advertise their items, a form of payment method called Alipay and
His leadership style is participating. Totally, Jack Ma has low concern for tasks and high concern for relationship. He pays more attention to customers’ need and building loyalty so that customers can get best services in his company, and trust his company. Moreover, Alibaba is internet based company which requires employees own relevant experiences, necessary education background, skills, and experiences. Jack Ma does do it. He once said, employees should have superior technical skills than their leaders. If they do not, it means leaders hired the wrong employees. Ma as a leader to guide his employees’ development, offer necessary help and resources, listen to his followers’ suggestions, share ideas with them, and promote solving problems (Sattar,
The practices of a leader can have wide spread implications. They can impact individual stakeholders and the organization as a whole. Clark (2013) states that “you must be the role model you want others to grow into” (para. 9). A strong leader leads by example, is ethical, and earns the trust and respect of their followers. They are also conscientious of the impact they have on the world around them. They practice impeccable communication and learn to inspire others with a positive vision for the future. Clark (2014) describes leadership as the methods of influencing others to accomplish objectives in a collective manner in the direction of the organization's vision.
The leadership is a privilege and it is such a privilege and an honor which will carry the tremendous responsibility which will inspire others to direct them to accomplish goals and vision of the organization. Leadership is about influencing the people, by producing direction, purpose and motivating in order to accomplish the mission, vision and improving the organization. The leadership philosophy is evolved based on the experiences, both positive and negative, in most of the initiatives and activities that we undertake. It is also one among the collaboration and teamwork within which the team members can utilize each other’s strengths to counter the weaknesses of the individuals. By observing, introspecting and experimenting we can developed a leadership paradigm which is inclusive, collaborative and proactive. We can develop the ability to recognize which will approach in order to reach the productive conclusion. The great leaders know their limitations and are capable at utilize their strengths and also the strengths of others to compensate.
To be a successful entrepreneur, there are steps that one must follow when starting a new enterprise. These steps are termed as the process of entrepreneurial which is the systematic method of preparation of an enterprise that consists of four steps. The four steps are fundamental to the success of an entrepreneur venture. The four entrepreneurial processes includes discovering, assessing and opportunity, developing a business plan, establishing resource needs, and managing the resulting enterprise (Barringer & Ireland, 2010). Each individual step is vital for the start of an entrepreneur venture and for an entrepreneur to achieve their entrepreneurial goals. This paper will discuss the four steps of the entrepreneurial process,
Alibaba group is a Business to Business e- commerce company which was founded in 1999 by Jack Ma. Ma used to be an English teacher from Hangzhou, China. With more than 40 million users and 5 million virtual storefronts, Alibaba has become one of the most useful online businesses. Alibaba Group’s mission is to connect Chinese manufacturers to other companies all around the world. It operates mainly in two different marketplaces: first, connecting Chinese importers and exporters with the global market; second, offering the platform to domestic suppliers and buyers in China. (Liquori, T., 2009)
In a nutshell, Enterprise’s strategy is to satisfy its customers and motivate its employees to achieve growth and long-term profitability.
In further future, I hope my efforts can improve e-business financial management level, which is a relatively new field in China, accelerate the maturation of Chinese accounting system, and facilitate Sino-U.S. trade and
Leadership, without doubt, is a significantly important function of management. It helps to aggrandize efficiency and to fulfil an organization’s goals. Leadership is the ability of a manager to induce the subordinates to work with confidence, determination, courage and zeal. It is also defined as ability to influence a group towards the realization of a goal. Leaders should have the capability of developing future visions, and to drive the organizational members to want to attain the visions. This paper states my points in which I duly believe, justifies the importance of an outstanding leader in any organization.
Corporate Entrepreneurship can be seen as the process whereby an individual or a group creates a new venture within an existing organization, revitalizes and renews an organization ,or innovates. Zahra’s(1986) definition of corporate entrepreneurship suggests a formal or informal activity aimed at creating new businesses in established firms through product and process innovations and market developments,whereas sathe(1985) defines corporate entrepreneurship as a process of organizational renewal. Corporate Entrepreneurship has emerged as a much needed ingredient contributing towards the growth of any organization under a changing business environment.