After I studied his history, I saw, from when he was a child until this time, he never gives up, which is the superior inspiration for me and others. Tham Jo Ee, C. and Yazdanifard, R. (2015) ‘. Jack Ma’s Leadership Traits Jack Ma, the main founder, chairman and chief executive officer of Alibaba Group, For his charismatic and energetic characteristics, Ma is nicknamed “Crazy Jack Ma” and is seen as China’s version of Steve Jobs or Bill Gates. Accepting this and changing the approach is another quality and skill of his success. Understand local culture. Jack Ma - a name itself has a lot of mysteries holding records that entrepreneurs dream of. He Unites People under a Single Goal: Ma knew that it is not possible to convince every single employee, business partner and investor to trust him or to listen to him no matter how hard he tries. We then considerthe risk attitudes and goals and aspirations of entrepreneurs. Be an Authentic Leader: Ma possesses a strong sense of character which helps him build loyalty and strong foundation on which his business Alibaba grows. 4. In this assignment report, I will analyze Mister Jack Ma’s leadership by using reliable articles and publications to analyze as follows Jack Ma’s behavior and his leadership style are demonstrated by the individual that reflect his vision, how it has evolved over time in different contexts, and this assignment report ends with reflections about the inspiration from his leadership styles and conclusion. Likewise, with his visionary leadership style, Jack Ma is very visionary. He did not know how to manage people. During his time as a teacher, he started his translation business. Ma Yun was born September 10, 1964; who is now universally recognized as Jack Ma. They are willing to work hard, which benefits the company. Another outstanding … But opting out of some of these cookies may have an effect on your browsing experience. For transformational leadership style, he is a man that has high motivation power. Let’s take a look at 10 personality traits that have enabled magnates like Steve Jobs, Sheryl Sandberg and Jack Ma to achieve remarkable things. If you go out, try your best and fail to achieve your goal but see it through to the end you are a success.” Maa learns most from hardships and obstacles. He got up dressed as Michael Jackson and danced a few songs ‘Billie Jean’. The highlight of the show was Jack Ma entertaining an aggressive approach to the annual meeting. Reference this, Leadership matrix & Leadership paradigm framework of Mr. Jack Ma. 4. He believes that becoming bilingual can create more opportunities for his life. He failed the exam many times, including two times at a key primary school, three times at the middle school, and two times at the university-entrance exam. Jack Black tends to be quite adaptable, and he finds it easy to fit into most social set ups and vocational fields. While implementing the changes, Jack Ma understood that he has to understand the customer’s needs and he has to take help of technology to grow his business. If Jack Ryan did have a plan for his life, it got very derailed somewhere along the way. If you need assistance with writing your essay, our professional essay writing service is here to help! Academia.edu is a platform for academics to share research papers. US Health Care Industry Overview and Career Outlook. However, the failure did not stop him from dreaming. His previously life has shown that he was rejected for a job at KFC. Jack Ma told in several interviews and articles that the key behind the success of the business is “Never give up”. Jack Ma explains the true source of innovation. When he was asked what separates a leader from an employee he said, “Your employee should have superior technical skills than you. ... Sports, music, art: these things seem unimportant, but they are extremely important for shaping imagination and personality. Jack Ma became the richest man in Asia at the age of 50 but he is not doing business just for the money. He believes that bad experiences in life are the chances you need. He had a full costume and was joined in the back by many dancers in front of thousands of Alibaba employees. After he graduated, he tried to apply for a lot of jobs, and he was rejected more than 30 times before he worked as an English teacher at Hangzhou Dianzi University (Mohamed, 2018). Creating Alibaba platform was a step to the change for Jack Ma which leads him to the success. If he doesn’t, it means you have hired the wrong person.”. However, his entrepreneurial characteristics have shown since he was a child. Although he was confronted with failure frequently, it taught Mr. Ma determination. Develop a Mission: Jack Ma possesses a prolong & grand mission. Jack Ma became interested in learning, especially the importance of the English language. He knows how to teach, encourage, and inspire other people. Thus, he has built his company’s culture to be not too formal and serious by trying to participate in the team as a member not a boss. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Accepting that and changing your approach is another key to his massive success. Mr. Jack Ma is a famous successful businessman in this decade, with a great leading and perspective, which has a powerful inspiration to a lot of people who learn through his story. Mr Ma is now setting his eyes on a new goal: shaking up Chinese finance. When China opened the doors for Foreigners Jack guide them around the city for free to practice and improve his English 7. Another outstanding characteristic that can be noticed from analyzing Mr. Ma is the way that he is leading his underlings. Jack Ma – The Inspirational Story of Alibaba Founder. He believes that bad experiences in life are the chances you need. Alibaba was not an instant success and Jack Ma had faced a lot of difficulties while starting this business. Jack Ma is a Business tycoon belonging to China known for his e-commerce business venture ‘Alibaba’. Ma knows what he wants to achieve and he knows how to chase it down. Although he is not good at technology and computers, he has teaching skills. Compared with myself, I am very lucky that I was born in a complete family, whether financial, resident, vehicle and education, but I often blame my life and do not try my best. Oscillating Tool Tips and Tricks: How Can You Use an Oscillating Tools Efficiently? Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. 2. Available at: https://www.shoutmeloud.com/jack-ma-alibaba-founder.html [Accessed 18 Nov. 2018]. He is also an executive chairman of Alibaba Group Holding Ltd. What’s more, as can be seen from the company’s values, Jack Ma has built the culture in the organization not too be serious because he wants his employees to work happily as a consequence of great working and loyalty. See through Customers’ Eyes: Ma runs e-commerce business and he got his success being not a “Tech Guy” rather he views his products through his customers’ eyes. His real name is Ma Yun who born September 10, 1964. How to Grind Coffee Beans And Store At home? There are 7 Tips as follows: 1. In addition, he was a strong inspiration for employees by taking advantage of his communication skill, trained by being a teacher over a period. We also use third-party cookies that help us analyze and understand how you use this website. This quality helps his business to provide best services. Use this failure to improve yourself, and the next time, you can do better than the previous. He knows how to speak to inspire people, which can benefit the company. 1. Ma Yun was known as Jack MA Jack Ma was born on September 10 in Hangzhou , Zhejiang Provision, CHINA 5. Jack Ma was born in Hangzhou, China on 10th September 1964. As a child, Ma was inspired to learn English and taught himself. Besides his affable personality and tenacious attitude towards his life journey, Ma is probably one of the most enlightened entrepreneurs to date for thinking beyond the tangible gains of his business imperatives. Moreover, Jack Ma has changed his style into conductive style of management. Jack Ma is a Chinese billionaire who is the founder of Alibaba Group. And this is what Jack Ma does as a leader and gets success at every stride of his business. The personality type ISFJ is usually caring, understanding and friendly, while the person in … There were times when Jack Ma didn’t taste success even after putting in his best. Use this failure to improve yourself, and the next time, you can do better than the previous. Jack Ma believes that a person is able to learn the most from his mistakes, obstacles in life, and the hardships. Necessary cookies are absolutely essential for the website to function properly. The Personality Database is a user-driven, social community based on popular typing methods as the Four Letter Personality types and the Enneatypes. And his story of starting an empire from scratch already makes him an inspiration to millions people across China. Before assigning Jack Ma in the leadership matrix and leadership paradigm framework, there are some tips for leadership provided by Jack Ma that can help us clearly understand his style of leadership. For the Leadership paradigms, Jack Ma stands between transformational leadership and visionary leadership because he is a person with a broader vision, as seen from the history of Jack Ma founding Alibaba since he was first introduced to the internet. He always listens to his employees’ opinions without arrogance and encourages members in the team to present their ideas, which can help the company improve all the time (Ee & Yazdanifard, 2015). They need other people to enhance the gap. It was then that Jack Ma was first introduced to the internet and computers, and this is the beginning of Alibaba (An, 2017). Open-minded Ma never gives up if he fails one thing repeatedly. Furthermore, Mr. Ma likes to give an opportunity to the new generation because when he was young, no one gave him the opportunity, so he wants to give the new generation a chance to show their ability, which might be intelligent and work better than the previous generation. However, in his studies, he did not do well. This initiative of Alibaba started because Mr. Ma saw a potential way to do business online and become profitable. This has strongly built loyalty as well as motivation within the employees. According to him, change is the best plan and so that everyone should embrace changes. Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. It is mandatory to procure user consent prior to running these cookies on your website. AN, S. (2017). As mentioned in the organization part, he treats his employees as partners, rather than boss and underling. As Jack Ma steps down as chairman of Alibaba this week, few could dispute that he has profoundly altered the face of business, both in China and the West.. He is a Chinese business magnate who is the founder and executive chairman of Alibaba Group. First, viewable through tips number one, two, and seven, he is remarkable at Team leadership in Leaders & Task framework because he is highly concerned with his employees along with the tasks. How to Select the Best Reciprocating Saw Blades? Ma has given his employees generous equity shares so they get to benefit from Alibaba’s success too. Environmental Factors of PESTLE Affecting Businesses, Social Factors of PESTLE Affecting Businesses, Economic Factors of PESTLE Analysis Affecting Business Organization. Thus, I established Mr. Ma as my role model of an impressive person. He also has a strong interest in SWOT & PESTLE Analysis and Marketing Strategy. We're here to answer any questions you have about our services. Ma has admitted that were he born a generation earlier in China, he would never have lived through the Cultural Revolution. Jack Ma’s Leadership Approach. 6. I really respect him as my model of the best leader. His employees are willing to work without force, which can bring out the ability of the individual at the same time. These cookies will be stored in your browser only with your consent. The first and foremost, Jack Ma’s characteristic that can stimulate me is his ambition. Jack Ma had to get up on the front of employees and shareholders and talk about how great the company is. Mr. Jack Ma is one of the most influential people in this decade. Use your instinct. Disclaimer: This work has been submitted by a university student. He says that leaders should be tenacious and have a clear vision. However, his company reached the 8th richest in the tech industry in 2016, and he had more than 66,000 full-time employees. Jack Ma used to be an autocratic leader. Leadership is about working together. In his childhood, he was different from other children that spent time playing. *You can also browse our support articles here >. He said, “Your employees should have superior technical skills than you. He is one of the richest men of the world with a massive net worth of US$39.2 billion as recorded in September, 2017. According to Deep Patel (2018), the outstanding personality of Jack Ma is he is extremely determined person. It’s hard to believe that the CEO of the Chinese e-commerce giant would get up and perform an amazing show. (Investopedia, 2017). Before setting up Alibaba, he did not do well at technology. 1. Moreover, he also gives trust in his employees to take part in decision-making. For making this happen Jack Ma had to be a leader possessing great qualities, skills, and styles in him. As leaders, we must cultivate our goals and visions to improve our companies and to improve the lives of our employees. 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