question archive Alibaba has a vision to be a 102 year old company

Alibaba has a vision to be a 102 year old company

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Alibaba has a vision to be a 102 year old company. How could a manager motivate an employee to stay and effectively contribute for more than 30 years? Consider Alibaba's founding ideals.

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Answer:

Jack Ma, Alibaba’s founder believes that “customer first, employees second, shareholders third”, this statement indicates the importance of employees to Alibaba company, which as a result, he tries his best to maintain a positive working atmosphere where employees aim for success as a family.

Alibaba’s leaders motivate employees to stay and effectively contribute by trying hard to maintain the culture of working as a family. Moreover, the company aims to create an open atmosphere in which workers are empowered to challenge ideas at all levels. In addition, to reduce sense of hierarchy each employee adopts a nickname. The leaders aim to reduce sense of hierarchy in order to maintain flexibility and easy communication between managers and employees within the organization. Furthermore, another why the company motivates the employees is having annual event for them. Lastly, in order to keep employees in the company for long-term, Alibaba’s company take care of their employees by providing them benefits such as iHome.

Step-by-Step explanation

Alibaba's founder, Jack Ma, believes that "customers come first, employees come second, and shareholders come third." This statement emphasizes the importance of employees to Alibaba, and as a result, he makes every effort to maintain a positive working environment in which employees strive for success as a family. Alibaba's management endeavor hard to keep the ethos of working as a family alive, which encourages people to remain and contribute efficiently.

Alibaba's founder, Jack Ma, believes that "customers come first, employees come second, and shareholders come third." This statement emphasizes the importance of employees to Alibaba, and as a result, he makes every effort to maintain a positive working environment in which employees strive for success as a family. Alibaba's management endeavor hard to keep the ethos of working as a family alive, which encourages people to remain and contribute efficiently. Furthermore, the organization aspires to foster an open environment in which employees are encouraged to debate ideas at all levels. In addition, each employee is given a nickname in order to diminish the impression of hierarchy. The organization's management want to decrease the perception of hierarchy in order to retain flexibility and simple communication between managers and workers. Another reason the corporation engages its staff is by hosting an annual event for them. Finally, Alibaba's firm takes care of its workers by providing them with advantages such as Home, in order to retain them in the company for a long time.