2 pages

Roberta Amaral Henriques

Week 1

BU 599 – Professional Applied Project

Apr 15, 2022

Southern States University

Dr. Peggy Bilbruck

Jack Ma (Founder of Alibaba.com)

Alibaba, the world's most popular online retailer, was founded by Jack Ma (BABA). Based on Jack Ma's ever-evolving leadership style, Alibaba is a thriving organization today. Originally known as Ma Yun, Jack launched the Alibaba Group in April 1999. Ma was placed 17th on Forbes' list of the world's wealthiest people in 2014. When he was named Asia's Entrepreneur of the Year in 2015, he was also named one of the world's most outstanding leaders in 2017. Aiming for a radical shift in the way China does business, Ma has the leadership characteristics necessary to make an impact.

Throughout his tenure as CEO of Alibaba, Ma has used various management strategies, the combination of which has improved the firm while also increasing staff loyalty and motivation. We'll go into further depth about the multiple iterations of Jack Ma's leadership style further down the page. A definite conclusion can be drawn from examining Ma's leadership style: he is not an authoritarian leader - even though his ancestors were strongly associated with this approach. According to Jack, this style of leadership approach hurts workers. Because of this, they have limited flexibility to develop innovative ideas or make independent judgments. Indeed, it motivates employees to take action, but it is too restricted. The method used by Jack Ma is free of micromanagement. As a result, he feels that being overly engaged in workers' day-to-day decision-making is counterproductive. Instead, they should be empowered to grow in their creativity and rely on their own experiences and resources to strive toward their objectives. Ma is planning to return to the classroom since he has previously qualified as a teacher and is interested in the subject. He hopes to devote more time to charities and environmental causes in the future. Ma also mentioned intentions for continued innovation based on technology, expertise, and resources to develop and strengthen a global trading system for the foreseeable future.

Teacher and Students' Website

I'm looking to create a website for instructors who wish to assist kids in resolving worries and difficulties that they are experiencing outside of school. The purpose is to help pupils be more focused and achieve success in school. He has created testing procedures that will allow them to uncover significant ways to assist pupils in a timely and efficient manner. This company is led by a visionary CEO who inspires others. An innovative leader's capacity to propel growth and usher in times of change is based on their ability to inspire colleagues and gain their confidence in fresh ideas. A visionary leader can also forge a solid relationship inside their firm. They work hard to instill trust in their immediate reports and their colleagues. The innovative approach is particularly beneficial for small, fast-growing businesses and more giant corporations going through transformations or corporate restructuring efforts.

References

Gregersen, E. (2021). Jack Ma. Retrieved from https://www.britannica.com/biography/Jack-Ma

Lucio, R. (2018). Jack Ma reveals plans in the final letter to shareholders. Retrieved from https://insidefmcg.com.au/

Okyere, D. F. (2017). The Impact of Leadership Styles of Small Business Owners/Managers on Firm Performance. The National University of Lesotho.