...team construction: external conditions, the team structure, job design, process.External conditions, including sufficient information, effective leadership, trust atmosphere, performance evaluation and incentive system. Alibaba company have these support including timely information, the right equipment, and full staff, encourage and administrative support. The team to achieve targets must be larger organization from management and the necessary support; these sufficient resources as Alibaba company laid a foundation. Alibaba members of effective teams trust each other. And they also exhibit trust in their leaders. Trust in leadership is important in that it allows the team to be willing to accept and commit to their leader’s goals and decisions. Alibaba through the performance appraisal to the staff appraisal, encourage employees to ensure their positions, remuneration, working of rationality, second through the performance evaluation, help employees find out their reasons of the poor performance and motivate their potential. Design features work to improve the level of employee motivation, increase the effectiveness of the team. Efficient team needs to work together and take joint responsibility to complete important tasks. Computer technology allows Alibaba organizations to communicate more easily，quick ，content is also more extensive communication. E-commerce enabled employees and customers can contact at any time, helping to ensure the company's interests. But e-commerce...
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...Study: Should Alibaba Group Centralize? Jack Ma founded the technologically evolving and economically progressing business, Alibaba Group. Ma saw the potential of the Internet early on and created a multifaceted conglomerate, capturing a business market at its foundation. His goal was to provide a simple, efficient e-commerce platform and now holds half of the B2B in China. Wherever there was a need, Ma would adapt and create different business units to effectively provide the service. Alongside online trading, Ma provided a platform for retailers, individuals, payment services, management solutions, and an entertainment portal. Alibaba Group developed synergies within the units and subsidiaries to coordinate ideas, spread resources, and develop additional units to complement each other. He down streamed manufacturers provided a cheap storefront and added value services (such as keyword bidding and commission based sales). His model was unlike any other at the time. This kind of consolidation, led to competition among the subsidiaries. This kind of competition, however, has inspired efficiency and differentiation. Ma promoted collaboration and created cross-business and cross-functional teams. The business units also did not depend on large teams but rather channeled its focus on engineering and customer service. By the mid 2000’s, China had transitioned into a primarily private economy—which ultimately brought the nation to an economic boom. By 2009, 70% of Alibaba Groups business...
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...Alibaba Introduction Of Alibaba Alibaba is the world's leading e-commerce company, small business is alibaba group's flagship business. Alibaba n hangzhou city, founded in 1999 in China, through its three trading markets to help all over the world millions of buyers and suppliers engaged in online business. Three online trading market including: centralized service global import and export business of international trade market, focus on domestic trade in China market, as well as through a joint-venture company management, to promote Japan's export and sale in domestic market in Japan market. In addition, alibaba also on the international market has a global wholesale trading platform, for the smaller, need to small batch goods shipment the buyer to provide fast service. All form a trading market have come from more than 240 countries and regions more than 61 million registered users of online communities. To transition into online business for small businesses are more likely to establish and manage a comprehensive platform, alibaba also directly or through its acquisition of companies, including China nets and DaTong, the domestic traders to provide diversified business management software and Internet infrastructure services and export related services, and business management professionals and e-commerce specialist training services. Alibaba also has Vendio and Auctiva, the two companies are leading the third party e-commerce solutions...
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...ALIBABA Group Holding Brief History. Alibaba cooperation is a global wide Internet company founded by Jack Ma, Chinese name Ma Yun.Although Alibaba was founded in 1999, the story of how the company came to be actually dates back to 1995, when Jack Ma was on a trip to the U.S. and first became exposed to the Internet. As the story goes, he tried searching for the word "beer" on Yahoo but the search results did not turn up a single Chinese option. In fact, he could hardly find anything about China on the Internet at all. After returning home, he founded a company called China Pages - a directory of various Chinese companies looking for customers abroad. China Pages was a flop. But a few years later, Ma took another stab at an Internet business. With a group of 17 friends and $60,000 of funds, Alibaba was born. [Baidupedia Web] Within only 15 years, Alibaba became the largest e-commerce company in the world, with approximately $300 billion in annual gross merchandise volume ("GMV") - or nearly 1.5 times the combined GMV of Amazon and eBay. In fact, more than three out of every four dollars spent online shopping in China goes through its platform, which should come as no surprise given that Alibaba's user base is nearly equal to the entire population of the U.S. Alibaba's "ecosystem" is made up of three leading Chinese online retailing platforms: (1) Taobao.com, China's largest online C2C shopping site; (2) Tmall.com, China's largest third-party...
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...What will he do with this information? A DOZEN big screens hang on the wall. Maps flash. Numbers stream by. The Alibaba Group’s “live data monitoring room” offers a snapshot of frantic activity: Chinese firms trading with foreign ones; Chinese individuals buying clothes from each other. Perhaps half a billion people use Alibaba’s various online services. The group’s diminutive founder, Jack Ma, smiles that business is “pretty good”. Yet he is far from satisfied. In a country where tycoons are often the children of politicians, Mr Ma stands out. He failed twice to get into college. He learned English from the radio. He stumbled on the internet during a trip to America as an interpreter in the mid-1990s. He typed the phrase “Chinese beer” into a search engine. No results appeared. He saw an opportunity. He started Alibaba in 1999, to help small firms find customers and suppliers without going through costly middlemen. Alibaba.com now claims to have 57m users, including some in nearly every country. It is sometimes likened to eBay, but is more like an online Yellow Pages. Related topics * China * Science and technology * Internet * E-commerce * Business Another venture, Taobao.com, sells to consumers. It has 300m customers and shifted $29 billion-worth of goods in 2009. It is like a scrappy cross between Amazon and eBay: it operates an online mall where vetted sellers can hawk their wares, and a site where anyone with a Chinese identity...
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... ------------------------------------------------- DR. BRAHIM BARHOUN IMRANI PRE-READING: http://www.inc.com/jack-ma/alibaba-jack-ma-reveals-his-global-strategy.html ALIBABA : THE EVERYTHING COMPANY In 1999, Trudy Dai used to spend all night sending e-mails from her friend Jack Ma’s apartment, trying to answer queries from American customers without letting on that she was Chinese. Ms Dai was one of the first dozen employees of Alibaba, an online listings service Mr. Ma, a teacher, had just started. It was already having some success connecting small Chinese manufacturers to potential customers, including the overseas ones Ms Dai was reassuring over e-mail. But the friends and students who made up the workforce were earning just 550 Yuan (then $66) a month. Mr. Ma, though, already had big dreams. That year he said: “Americans are strong at hardware and systems, but on information and software, all of our brains are just as good.” The company that started in Mr. Ma’s apartment now employs 24,000 workers at its headquarters in Hangzhou and elsewhere; Ms Dai is president of human resources. A few years ago Alibaba began to turn a profit; in the year to September 2012 it made $485m on revenues of $4.1 billion. Today, Alibaba is more than just the “Amazon of China”—it’s the Dropbox, PayPal, Uber, Hulu, ING Direct, and more. Though Google has its fingers in a similarly high volume of pies, its enterprises, unlike...
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...How does Alibaba group create corporate advantage? (Why are the businesses under one roof?) Is this corporate advantage sustainable? Is the current degree of competition amongst the business units appropriate? Do you think Jack Ma should encourage more cooperation? If so how? The Alibaba group has thrived in the Chinese e-commerce sector from its inception in 1998. They currently account for over 70% of online shopping in China and delivered annual revenues of $636 million in the 12month period ending June 2009 (case p1-2). Alibaba’s successes are due to multiple factors that have allowed them to create corporate advantage, and thus establish market leadership in China (Case p1). The configuration and coordination of Alibaba’s multi-business activities are paramount to understanding the way in which corporate advantage is created. The relationships between subsidiaries are also a key point of scrutiny, as to whether Ma achieves the correct balance between competition and coordination of business units. Primarily Alibaba’s organisational structure has allowed the firm to create corporate advantage by encouraging subsidiaries to be leaders of their respective industries (Case p7). Alibaba has also benefitted from a strong set of shared values and a culture which focusses on serving the consumer above all else. This can be seen as a major source of corporate advantage creation across a number of subsidiaries. The sustainability of Alibaba’s corporate advantage hinges on...
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...Introduction: Alibaba Group is the world's outstanding business-to-business e-commerce service company, which provides an efficient online trading platform for buyers and suppliers all over the world. It is China's largest e-commerce group which was founded by Jack Ma in 1999, and has developed into seven affiliated groups, namely Alibaba International Business Operations, Alibaba Small Business Operations, Taobao Marketplace, Tmall.com, Juhuasuan, e-Tao and Alibaba Cloud Computing. Describe what happened (external) Political and legal : the government impose laws to control the e-commerce business like license, permission and approval from alibaba and its users.Furthermore, the transactions conducted through its cross-border marketplaces may be subject to different and customs and import/export rules and regulations. In addition, Alibaba faces the challenge of complying concurrently with the compliance rules and regulations of multiple jurisdictions Economic : there is an increase in tax for each online sellers. The company recorded revenues of( $8,526.6 million) ended March 2014,an increase of 52.1% over 2013. The operating profit of the company ($4,047 million) in 2014 as compared to an operating profit of ($1,746 million) in 2013. Social : Alibaba faced a problems when they sell their products in both China and foreign markets. Customers believe that Alibaba products is not quality and they sells fake goods. Project suggests that 70% of Americans do not trust prescription...
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...Alibaba Group At Alibaba, strategy and organization go hand-in-hand. Every year we change 'the organizational structure in tandem with changes in strategy. Jack Ma, Chief Executive Officer of Alibaba Group, stared through the fog at the cable stays of the Hangzhou Bay Bridge whistling past on his drive to the offices of Taobao ("hunting for treasures"), Alibaba's online marketplace for Chinese retailers and consumers. The longest transoceanic bridge in the world had a long gestation period: the feasibility studies took a decade. and even after their approval the plans changed to connect the northern end of the bridge to Jiaxing, rather than the Jinshan suburb of Shanghai as initially planned. When the bridge was opened to the public just over a year earlier, in May 2008, it cut the trip between the cities of Ningbo and Shanghai and southern Jiangsu province from 400 kilometers (km, equivalent to 249 miles) to just 80 km (50 miles), boosting economic integration and development in the Yangtze River Delta, which was home to 72.40 million people living in almost 100,000 square km of land comprising Shanghai, Zhejiang province, and Jiangsu province.? Ma couldn't help but smile to himself as he thought of the obvious similarities between the Hangzhou Bay Bridge and the Alibaba Group of companies. Just as the proposed bridge changed form as its plans progressed, the Alibaba Group evolved over an equally long period from its founding by Ma and a small group of friends in 1998...
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...businesses and Chinese consumers AliExpress Global retail marketplace Chinese wholesalers, manufacturers, and worldwide consumers, many of them located in Russia, Brazil and the United States Alipay Third-party online payment platform Online merchants and consumers, including Alibaba Group’s marketplaces as well as third parties such as financial institutions, online games, and digital communication To differentiate its business units from others in the e-commerce industry by focusing on the very first stage of e-commerce, to provide trading opportunities. In other words, in e-commerce industry there are usually three stages: providing trading opportunities, confirming transactions, and executing trades. Instead of getting involved from information management (order processing, purchasing) to the physical transformation (materials, logistics, productions), Alibaba Group Holding Limited (Alibaba) focuses only on information management. It provides platforms for worldwide small to medium sized merchants and individuals, and leaves the trading process to the parties of the transactions. This business unit strategy is correct, proved by the fact that every related companies and affiliates of Alibaba...
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...REFERENCE LIST Alibaba Group Holding Limited, 2015. [online] Available at: <http://www.alibabagroup.com/en/global/home> Alibaba Group Holding Limited, 2015. Company Overview [online] Available at: <http://www.alibabagroup.com/en/about/overview> Alibaba Group Holding Limited, 2015. Culture and Values [online] Available at: <http://www.alibabagroup.com/en/about/culture> Alibaba Group Holding Limited, 2015. Frequently Asked Questions [online] Available at: <http://www.alibabagroup.com/en/about/faqs> Amazon.com, Inc, 2015. [Online] Available at: <https://www.amazon.cn/> Daxue Consulting, 2014. The Success of Taobao on the Chinese Internet. [online] Available at: <http://daxueconsulting.com/the-success-of-taobao-on-the-chinese-internet/> Ding, Ran. China New Legal Approaches to E-Commerce: Prosperity and Challenge. 2010 International Conference on E-business, Management and Economics IPEDR vol.3 (2011). IACSIT Press, Hong Kong. Incitez Pte Ltd, ChinaInternetWatch.com, 2015. Taobao Total Sales Reached USD5.7 billion On A Single Day [online] Available at: <http://www.chinainternetwatch.com/4691/taobao-bachelors-day/> Investopedia, 2015. What is Alibaba? [online] Available at: <http://www.investopedia.com/articles/investing/111314/what-alibaba.asp> Li, W., Wu, D. & Xu, H. (2008) ‘Reputation in China’s online auction market: evidence from Taobao.com’, Frontiers of Business Research in China, 14(2): pp. 13-18 Liu, Ying 2006...
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...Ankit Singh and Juan Alberto Calero Part A – e-Commerce in China vs USA 1. Overall, what are some key opportunities and challenges (obstacles) that confront ecommerce in China? How are these challenges similar / different from those confronting e-commerce in the US (or other countries that you are more familiar with)? Some of the key opportunities of e-commerce in China are: The internet penetration rate in China is growing at a much faster rate as compared to other countries. 25.5% users in China have engaged in e-commerce, while in US 71% has done so. This represents an enormous opportunity for e-commerce services, given that there is room for growth in China. The market is China is still in the beginning of its growth stage. The manufacturing prowess of china provides an excellent complement to the ecommerce market. Online shopping market has grown 64.1% over last year to $1.5 Billion. Online B2B market is valued at 65.7 B 69.8% yearly growth. With these accelerated growth rates, the e-commerce market will developed very quickly, players need to be aware of the stage of e-commerce in China and address the market accordignly. Small and medium sized enterprises (SMEs) contribute to 68.8% of nation gross industrial output. Only 28% of SMEs utilised third-party B2B e-commerce platform. The government has a plan to increase it to 80% by 2012. Given this, the projected demand for e-commerce is known. In addition , players also known which type of businesses are using e-commerce...
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...E-Commerce Ecosystem Connecting Half of China; Initiate at Buy Key Takeaway China's changing Internet user demographics and mobile development support our favorable view on e-Commerce for the next decade. Alibaba is the largest Chinese ecommerce player, with 80%+ GMV market share, but is only selling to less than 25% of the population now. We estimate well over half of Chinese population will be shopping on Alibaba’s platforms in 10 years. Initiate with Buy; PT USD118. Changing demographics & mobile support ecommerce in the next decade. As discussed in our sector note, "A Taste of Domestic Consumption: The Unleashing of China's E-Commerce Power" published on Sept 19, 2014, China’s e-Commerce growth for the next decade benefit from: 1) changing Internet user demographics towards 30+ year old age groups; 2) accelerating structural shift to online from traditional retail; 3) Chinese government’s massive support for urbanization and domestic consumption; 4) proliferation of affordable smart devices; 5) improving wireless and transport infrastructures in lower tier and rural markets, and 6) rising consumer demand for better quality, design & fashion, authenticity and timely delivery. Growth driven by mix shift towards Tmall, and improving mobile monetization. We expect Alibaba, as the largest e-Commerce player, to sell to well over half of the Chinese population in 10 years, up from less than 25% now. We estimate FY14-17E revenue CAGR of 36%, driven by continued commission...
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...Alibaba Group is a Hangzhou-based e-commerce/e-auction company, specializing in global trading. It was founded in 1999 by Ma Yun (Jack Ma), and operates five e-commerce sub-companies which operate different aspects of trading. Employees 4,400 (June 30,2007). As of January 2009, the Alibaba Group is made up of 6 sub-companies: 1. Taobao.com: Online auctions web site for customers. 2. Alipay: Online payments web site, processing mainly payments within China. 3. Alisoft: Provider of web services to the Chinese Small and Medium-sized Enterprise market place. 4. Alimama: Online advertising exchange, which allows web publishers and advertisers to trade online advertising inventory. 5. China Yahoo ! As a powerful portal with excellent searching engine, it provides high- quality basic application services for internet users including email, IM, information services and so on. 6. Koubei.com: China's largest communities for exchanging basic life information such as that on clothes, food, housing and travel. In 2009, Alibaba Group employed nearly 17,000 people, 70% worked in Alibaba’s B2B business. CRITICAL SUCCESS FACTORS 1. Clear Strategy To be the best e-business website not only in China, but also all over the world is the mission of Alibaba Corporation. The clear strategy is the beginning of the team of Ma Yun and the highest demand of all the team members. The right strategy born with the right period of e-business development in...
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...Ma was born in Zhejiang Province, China, in 1946. Ma taught himself English and graduated from Hangzhou Teacher's institute in 1988. Jack Ma is the CEO of Alibaba Group, the Chinese leader in e-commerce with counts five companies specialized in online shopping as Tabao.com, the second global site behind eBay and Yahoo China, the search engine and portal bought by Yahoo in 2005. In his younger years, Jack Ma was a tour guide; his excellent command of English and his perfect knowledge of the province of Hangzhou where he comes from allow him to be really good in this job. Graduated from Hangzhou Teachers' Institute in 1988, Jack Ma taught for some time before creating a translation agency that knows a big success thanks to U.S. and foreign companies who move in China. During a trip he made in the USA as an interpreter, Jack Ma discovers computers and internet. Fascinated, he ordered to a friend a website for his translation agency. Back in China, he borrowed $ 2,000 from friends and launched the website China pages, considered as the first commercial website in the country. The site has difficulties to find its business model and stops. Jack Ma got a job at the Ministry of Foreign Trade, a position which enabled him in 1998 to meet Jerry Yang, co-founder of Yahoo. Jack Ma really wants to invest in the web. He managed to borrow $ 60,000 for the launch of Alibaba.com in 1999. Quickly, the company is a leader in the sector of business-to-business (B2B). The credibility...
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