Management Method of Jack Ma

Management Method of Jack Ma Summary Jack Ma is a wonderful leader, he use his talent create Alibaba this successful company . This article is about Jack Ma and his management methods ,it is mainly focus on 4 parts : target ,system of values , mission and teamwork . Jack Ma use his special management skill create a new era . This article will show us how important management and leadership are , also tell the rules for manage company and employee . What can those skills bring us and how to use them in our daily life . Content page Summary2 Content page3 Introduction4 Target4 System of Values5Mission5 Teamwork6 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7 Reference8 Introduction Jack Ma is a legend , he is the leader of Alibaba , the founder of the world first E-commerce platform. Jack create a miracle , his c ompany use to be a small company with only 500000 yuan's capital , now it's market capitalization become more than 20 billion dollar . Jack know less about technology information , but he proficient in management , in his opinion , if you have enough management skill layman also can manage the expert .He believes , a good leader must be versatile ,in his understanding, the relationship between leader employee customer and owner is really important , good management method can help you to solve all these questions . In the following article I will introduce some Jack Ma's management skill and talk about the reason of his success . Target Nowadays there are always more choices for a us, but this may not be a good thing for a company , so the leader should have a clearly target , their work is not finding new opportunity but say no to useless things to them .Leader should find out the most correctly way for his company , make sure they will run on a normal track . Jack Ma use a story t o explain this point of view : if there are 10 rabbits , which one should you catch ? Too much choices will made you feel dazzle , the person who wants to catch all the rabbits must be the loser , cause they can not concentrate on one thing , and can make decision . So iust seize the opportunity which is best for you . Jack Ma believes ,A company who wants to be successful must concentrate on one target , too many goals will disrupt morale , employees not knowing which course to follow .Jack Ma raised that , ALibaba should be a longevity company , he proposed a goal for long and directional , he said this kind of goal can do good on the development of his company . Because of this kind of goal derives a series Alibaba ‘s related system and culture . Of course , the reason why Jack can notice the specific importance of a concentrated target is : When the company was found , Jack use to attract plenty of enterprise ‘s MBA to his company by big amount of funds , but 12 seni or manager except him was overseas staff , so the company did not run well because of their different management methods and goals.This gives him a lesson , so he knows that , staff who have dreams and willing to pay for the company is much better that a staff just used to work in a big company , the latter are technical-oriented , they are not stable and have their fixed pattern , if they work together , they must imped each other . Alibaba needs staff who have dreams for their team , they working for Alibaba ‘s dream , a long life company , in their first venture period they only use one month to turn their company from world ranking 8000 to 2000 .Now it become a world famous company , so we can know the importance of the target . System of Values Jack Ma used to talk about the importance of culture to a company in his lecture , just like company ‘s DNA , system of values is the nuclear of organizational cultural . System of values is a judgment of the importance of th ings , the system of values of a organization is a decision factors of development . What is the important things to Alibaba , Jack Ma summed up as six pats : customer first , integrity , dedication , change ,passion and teamwork .Jack Ma put customers in the most important part , staffs should become customer service to their instinct . Jack knew that , nowadays concept is very indistinct , what the customers need are genuineness service . The nuclear is made their product according to the market and listen to customers attentively . As a E-commerce platform , Alibaba use the world ‘s original creation B2B system , after exchange their idea to customers , they found the main problem that over 87% company worry about is integrity , so Alibaba first provide Trustpass service .Jack Ma ‘s opinion is provide good service so that we can have more customers . After B2B system , Alibaba then create B2C and C2C system and new trading platform like Zhifubao . Jack Ma considered t hat short term passion is worthless , only lasting passion can make money . But what is lasting passion ? Now Alibaba is ! 0 years old , the average age of their staff is 26 , Alibaba is still in childhood , after 10 years the company become 20 , their staffs are 36 years old , they are in prime of life and have boundless prospects .Jack leave more chance for the young people , cause they can last the passion of the company , Jack Ma ‘s management method tell us we should give more chance to young people , they are the fresh bloody for a company , they can always inject passion to their work and make good use of their competition . Mission Mission is a kind of identity , for business occupation is staff ‘s mission . Mission is the eternal power for staff . Jack's third management method is based on training staff ‘s mission , make staff work for them wholeheartedly .Looking at the world-renowned enterprises , their success is inseparable from the mission . As a E-c ommerce platform , Alibaba use the world ‘s original creation B2B system . After B2B system , Alibaba then create B2C and C2C system and new trading platform like Zhifubao and Aliwangwang . Jack found a college for cultivate the business ability of college students . They also provide training lessons for their own staff so that they can improve themselves . They departure from the fundamental , provide more chance for young businessman .Except for providing quality service , Alibaba also undertake social responsibilities initiativly . Jack Ma treat his own business career as a public property. During the period of WeiChuan earthquake in 2008 , Alibaba donated 5000000 , after that they established a special fund of 25 million . Because of this kind of mission and dedication for clients and customers , made Alibaba become a reliable company . Teamwork In Jack ‘s opinion , CEO means customer , employee and owner . He also think that the biggest fortune for a entrepreneur i s his employee , they are a team , a team provide chance for the hole company's success .One piece of log creates a small fire, adequate to warm you up, add just a few more pieces to blast an immense bonfire, large enough to warm up your entire circle of friends; needless to say that individuality counts, but team work dynamites. said Jack Ma . Businesses of today are largely concerned about their profits. They are taking every possible step to increase their turnover. The most important aspect that has a very substantial and positive impact on any business is teamwork. Effective teamwork is very significant for a company to use employee potential to the fullest.Teamwork is not only used in the corporate world to achieve targets on time, but also in the world of sports. If a team works towards a goal collectively, no one can stop it from reaching its goal. Due to the importance of teamwork in business, employers prefer to hire employees who are good team players . For becoming a goo d and effective team player in your company, you are required to have a particular set of skills and capabilities said Jack Ma You most importantly should have a good listening skill.This surely proves to be useful in listening to ideas, views, suggestions and conceptions of other employees or subordinates. You should be able to discuss the ideas and strategies suggested by your colleagues. Encourage the participation of every member in the team for a collective effort to achieve a goal. You also need to be able to share knowledge and understanding among the team members. A not to be missed skill is to give respect to others. If you want to be a good team player, you should learn to respect people and their ideas.These are just a few essentials that are required for becoming a good team member. Why is Teamwork Important in Business? Jack Ma Said there are several reasons Achieving Goals It is a widely understood concept, that united we stand and divided we fall. Same is in the case of a team in a business. Collective team activities are very important if the company or a process wants to reach its goal. There are some tasks that cannot be done individually, but can be easily accomplished by working in a team. Increasing Individual LearningIn simple terms, a team is a group of people who have come together for achieving a common objective. Therefore, in a group of people, there are many intelligent minds and brains working. When team members work together as a team, they can learn the skills and capabilities of each other and advance their knowledge. This certainly can be beneficial in your professional as well as personal life. Resolving Conflicts There are many types of conflicts that may arise in the company, which may in turn have an adverse effect on the collective output.In order to resolve business conflicts; the knowledge, understanding and expertise can be used efficiently for determining solutions to the problems. This significantly helps the business to grow. Good Communication Communication is an inevitably important factor in teamwork. When employees work in a team, they are able to pass on their ideas clearly. This rules out the possibilities of miscommunication due to complex hierarchy in the company. And due to ideas and concepts passed clearly, there is no scope for misunderstanding.Generating New Business Improvement Ideas If a manager encourages team members to participate in collective decision making, he will be able to reach a good strategy by considering views and suggestions from all members. The business can also think of incorporating ideas suggested by the team members. Employee participation in the management is a very effective tool in meliorating business strategies. Those in the team leadership should conduct team building activities for letting employees know each other better, and work in a team effectively.Conclusion Jack use his special management method create a new era for both him and his company . Al ibaba now the world famous company bring us lots of successful experience that worth to learn . A successful leader should know how to manage his company , good management method can bring us not only profit but also plenty of potential wealth . 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