Monday, 16 November 2015



OPEN CULTURE - JACK MA


Businesses need to change the old ideas and old model has been unable to follow the current trends. From instant, many businessman have their own style to manage their company that is quite difficult to follow each other. People cannot adapt to this pattern in a short time. However, many people nowadays are ability of accepting or adapting to new things that is against conventional wisdom.So the concept of open culture been popularized and give them feel confident in business by the successful entrepreneurs.They try to break the habit and changes visible. So one of them that has been practiced the open culture in his business is Jack ma.


Jack Ma, who defied conventional wisdom and longstanding corporate governance practices to clear a new path for creative, innovative entrepreneurs. He was competing in Chinese e-commerce market,and effectively controls this market by controlling the retail platform.This brought motivation to other to take a big step to make investment. This is because if want to change the model of corporate governance status quo have for more than one hundred years   is difficult and it will challenge by aggressive competition and governmental interference. For example, Ma was believed and confidences in his concept of investment which make him dare to challenge the conventional wisdom and longstanding corporate governance practices.

Jack Ma aware and think that the most important thing is made trust with other people in e-commerce.This is because system of corporate governance long characterized by secrecy, greed, and a lack of transparency. When Jack Ma built Alibaba, everything has done and trying to build trust in China or in the world.People not to trust each other how can you do on the Internet. No bank wanted to help this is because they think that online trade would never work in China. So Jack Ma believe that building trust is essential and often underestimated by other entrepreneur but recent events have proved that Alibaba was successfully changing of the traditional sales to network sales ,trusted by the public and indispensable platform.

Ma realized that to change the world cannot just rely on a person, your employees need to be invited to shape the future of the business, rather than manipulated to meet the needs of management. In the role of an open culture, management is to create a culture where every person to be the best that they can then focus on removing barriers. Jack Ma believes that on feelings and trust among employees. Employees like our family member. We want to treat your family a way to treat them.

Once Jack Ma face financial problem and cannot to pay the salary of the staff. Ma did not hide the case, he bluntly told the plight of the company's employees. Ma sincere attitude has won the understanding of employees. Then Jack Ma treats former employees has different from the practice of other enterprises. When his staff was feel failure and find out not suitable for them. They can back to Alibaba and Jack Ma will gladly accept them come back.

No comments:

Post a Comment