Study for free with our range of university lectures! Jack Ma Biography Life Facts Info Trivia Quiz Online Disclaimer: This work has been submitted by a university student. Jack Ma's life began with many difficulties. He is Tenacious: Jack Ma is a leader with having a tenacity and clear vision. Sadnan is one of the top contributors of The Strategy Watch, he has been actively contributing since 2017; He has finished his graduation from North South University with a dual major in Accounting & Finance. Since I was young, my parents always taught me do not give up if you have not tried your best yet. 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. Jack Ma - a name itself has a lot of mysteries holding records that entrepreneurs dream of. Ma knows what he wants to achieve and he knows how to chase it down. Accepting this and changing the approach is another quality and skill of his success. He took these rejections with a positive mind and he worked harder for the next time. Ma intended to use the influence of internet & Alibaba to facilitate more globalized trades across the borders beyond China and to help SMEs (Small and Medium Enterprises) across the world. Alibaba was not an instant success and Jack Ma had faced a lot of difficulties while starting this business. US Health Care Industry Overview and Career Outlook. Environmental Factors of PESTLE Affecting Businesses, Social Factors of PESTLE Affecting Businesses, Economic Factors of PESTLE Analysis Affecting Business Organization. The personality type ISFJ is usually caring, understanding and friendly, while the person in ⦠He has several standpoints that can motivate other people, including myself. After a long period of management experience, the style that most probably used by Jack Ma throughout his career for managing Alibaba group is the persuasive style. We should incorporate that mission into our cultures and implement it at every level to promote a better world. In addition, he was a strong inspiration for employees by taking advantage of his communication skill, trained by being a teacher over a period. While, in Thailand, most companies give priority to job position and generation. Another distinguished characteristic of Jack Ma is the way that he is leading his employees. This biography of Jack Ma provides detailed information about his childhood, profile, career & timeline Transformation Management Skills: Jack Ma has the skill to understand change management in order to lead his company to success. The Personality Database is a user-driven, social community based on popular typing methods as the Four Letter Personality types and the Enneatypes. Ma Yun was born September 10, 1964; who is now universally recognized as Jack Ma. Tham Jo Ee, C. and Yazdanifard, R. (2015) â. However, he has positive thinking, leading him to be a fighter. His employees are willing to work without force, which can bring out the ability of the individual at the same time. To export a reference to this article please select a referencing stye below: If you are the original writer of this essay and no longer wish to have your work published on UKEssays.com then please: Our academic writing and marking services can help you! Leadership is about working together. These cookies will be stored in your browser only with your consent. + Jack Ma Holly Wood, Veronica Cevallos, Renato Segatto, Adriel Reyes Social Media 2. ISFJ â The Nurturer. You also have the option to opt-out of these cookies. Academia.edu is a platform for academics to share research papers. 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. However, the failure did not stop him from dreaming. Leadership Jack Ma had to get up on the front of employees and shareholders and talk about how great the company is. For me, to become an entrepreneur in the future, I prefer to use Jack Maâs leadership style to adapt to my firm. Moreover, he also gives trust in his employees to take part in decision-making. But opting out of some of these cookies may have an effect on your browsing experience. He is Democratic Leader since he gives importance of his employees’ ideas. Itâs necessary for me to build a growth mindset immediately. It is a sheer fact that a man with a family and a secure job does not just quit everything to be an entrepreneur if he doesnât possess the trait of taking risks. For making this happen Jack Ma had to be a leader possessing great qualities, skills, and styles in him. He Defines Failure as Giving Up: This is one of his popular leadership quality and skill that defines him a successful leader. One the noticeable example is at the celebrated Alibaba 18th-anniversary annual meeting. Moreover, Jack Ma has changed his style into conductive style of management. Moreover, Jack Ma has a sense of humor. Jack Ma was born in Hangzhou, located in the south-eastern part of China. We then considerthe risk attitudes and goals and aspirations of entrepreneurs. Very focused on your brain. He is Tenacious: Jack Ma is a leader with having a tenacity and clear vision. He follows leadership styles which also help him to run his business in a successful way. Ma states that leaders do not have to sacrifice our sense of humor just because they are in charge. The first and foremost, Jack Maâs characteristic that can stimulate me is his ambition. This personality trait of Jeff completely resembles Mark Zuckerbergâs personality trait of taking high risks but in a calculated manner. If you donât do it, nothingâs possible. He had a full costume and was joined in the back by many dancers in front of thousands of Alibaba employees. If he doesn’t, it means you have hired the wrong person.”. Likewise, with his visionary leadership style, Jack Ma is very visionary. Copyright © 2003 - 2020 - UKEssays is a trading name of All Answers Ltd, a company registered in England and Wales. Jack Ma became the richest man in Asia at the age of 50 but he is not doing business just for the money. We're here to answer any questions you have about our services. 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. It was then that Jack Ma was first introduced to the internet and computers, and this is the beginning of Alibaba (An, 2017). According to Deep Patel (2018), the outstanding personality of Jack Ma is he is extremely determined person. If they donât, it means that you have hired the wrong person.â Therefore, Mr. Ma treats his employees as partners. He can see the possible way to start the business earlier than others. Jack Ma – The Inspirational Story of Alibaba Founder. Necessary cookies are absolutely essential for the website to function properly. 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. Use this failure to improve yourself, and the next time, you can do better than the previous. 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. Jack Ma is the most struggled entrepreneur of our times, tough journey before becoming the founder of Alibaba group is as follows: 1. by Chris Atkinson. He says that leaders should be tenacious and have a clear vision. However, in his studies, he did not do well. He can integrate these two leadership styles, leading employees perfectly. Jack Ma used to be an autocratic leader. His family does not have a good financial position. Porter Erisman, Ex-VP of Alibaba.com sat down with me and a bunch of people in the Leverate Media Office in Berlin to discuss Jack Ma, the man who founded Alibaba, one the biggest success stories ever created in the Internet Industry.Here are 10 things he told us we should learn from Jack Ma.. 1. However, his company reached the 8th richest in the tech industry in 2016, and he had more than 66,000 full-time employees. Ma has admitted that were he born a generation earlier in China, he would never have lived through the Cultural Revolution. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. He possesses illustrious leadership qualities, skills, and styles, some of which are being discussed here. 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. 2. Ma has given his employees generous equity shares so they get to benefit from Alibaba’s success too. Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UKEssays.com. Thus, he allows his employees to take part in decision-making because he believes that the best decisions come when everything is agreed upon by the majority. How to Grind Coffee Beans And Store At home? They are willing to work hard, which benefits the company. Looking for a flexible role? Therefore, he uses those skills to communicate with his employees to understand clearly the goals of the company, resulting in everyone working under a single goal, leading the companyâs advanced performance. Jack Ma believes that a person is able to learn the most from his mistakes, obstacles in life, and the hardships. But when Mr Ma started Alibaba in his apartment in 1999, this type of business-to-business ecommerce website did not exist. Reference this, Leadership matrix & Leadership paradigm framework of Mr. Jack Ma. 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 got up dressed as Michael Jackson and danced a few songs âBillie Jeanâ. Another outstanding characteristic that can be noticed from analyzing Mr. Ma is the way that he is leading his underlings. He also believes in building a team that works long hours and provides opportunities to these people is more important than anything else (Wang, 2017). In his childhood, he was different from other children that spent time playing. He is Democratic Leader since he gives importance of his employees’ ideas. This is a company goal rather than a leader’s goal. Whatâs more, as can be seen from the companyâs 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. Needless to say, Jack Ma is a role model of a successful business person in 20s, who has unique characteristics, such as high ambition, wide perspective, positive thinking, and a unique leadership style. Security features of the English language free with our range of university lectures of! Even after putting in his studies, he can integrate these two leadership styles to be the best and! 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