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4 Lessons On Human Resource Management From Jack Ma - Ceo Of Alibaba

admin July 08, 2021

China is one of the largest countries in the world. So it's not surprising that the country's most widely recognized Alibaba brand does great things. Alibaba started out as a domestic Chinese business with a dream of going global. And Alibaba became a remarkable success story as it became the largest IPO in history.

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This business is led by Jack Ma, an ambitious man who always wants to achieve results beyond his current ability. That ambition is the basis for Alibaba to revolutionize e-commerce, banking, and insurance – not only within China but also around the world.

4 Lessons On Human Resource Management From Jack Ma - Ceo Of Alibaba

At the age of 50, Jack Ma is the richest man in Asia, but he is just not in business to make money. Instead, Jack Ma has ambitions to change the traditional way of doing business in China, bring soul to the country and dominate the world of e-commerce.

Although Alibaba is experiencing peaks of success, the business has had a rough start. Jack Ma once admitted that from the beginning he was not prepared to run a global company.

When it started, Alibaba lacked capital, technology, and a plan to operate. These difficulties signal a failure of the label. But Jack Ma's vision allowed him to dream big, which turned this business into a huge business. As he shared, the ultimate goal is to "beat eBay, acquire Yahoo, and stop Google.

Jack Ma's inspirational leadership style has left a far-reaching influence on many young businesses just starting out. In general, Jack Ma's human resource management style is summarized in the following four main principles.

1.Be a real leader

Jack Ma encourages employees to grow bananas in the office, and welcomes any frank comments from employees. He is also an understanding, trustworthy leader and possesses a strong sense of self. This is very important for leaders as it fosters loyalty and builds a solid foundation on which to base the company's growth. You don't have to take it too seriously because you're already in a leadership role.

2. Seen from the customer's point of view

Jack Ma runs an e-commerce business, but he doesn't see the product from a tech guy's point of view. He looks at products and markets from the perspective of a consumer. Thanks to that, Alibaba always produces practical, useful products, associated with actual needs.

4 Lessons On Human Resource Management From Jack Ma - Ceo Of Alibaba

3. Pursuing a Mission

Jack Ma has a big mission. He wanted to revive the national spirit and culture of China, which he believed had been eroded and lost under Mao Zedong. Based on that mission, Jack Ma's human resource management method has always been to fight against corruption and reward employees with a share of shares so that these people can directly benefit from Alibaba's overall achievements.

4.Recruit passionate people

Jack Ma prefers to hire passionate entrepreneurs, not experienced employees. The reason is why he believes in dedication and innovation more than achievements on paper. These are the people all businesses aspire to – leaders who are natural, adaptable, and dedicated to a common goal.

4 Lessons On Human Resource Management From Jack Ma - Ceo Of Alibaba

In leadership and HR roles, goals don't have to be shiny, but they do foster a vision, a vision that improves the lives of employees and those around them. Businesses should integrate that mission into their culture and implement it at all levels to promote a better world.

Gone are the days of old-fashioned thought leaders. In recent years, Jack Ma's leadership mindset is a guideline for many businesses. It is a mindset, focusing on top talent, respecting and treating them as enthusiastically and honestly as possible. And new-age business owners will have a dream team ready to join hands to take the business and the game bigger.

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