Alibaba!!!

In our one of the lectures we had discussion about the Alibaba group. AliBaba Group is a privately owned China-based family of Internet-based eCommerce businesses started by Jack Ma. It covers B2B online marketplaces, retail and payment platforms, shopping search engine and data-centric cloud computing services. 

Jack Ma ventured into this based on the simple realizations that:

    1. I don't have the money.

    2. I don't have a plan. 

    3. If you can't use the internet in this age, you are useless.

Jack Ma’s objectives were to strengthen SME’s by bringing it into online marketplace

And it was fulfilled to a larger extent such that today AliBaba's consumer-to-consumer portal Taobao features nearly a billion products and is one of the 20 most-visited websites globally. Alibaba Group's sites account for over 60% of the parcels delivered in China.                

 Organizational Culture encompass the values and behaviours that contribute to the unique social and psychological environment of an organization.

                   There are various types of organizational cultures. We discussed a few of them in class. I am listing them below:

1. Open Culture - An open culture helps to counteract any occasional lapse into passivity at the board level or on the part of institutional investors.

2. Safety Culture - People immediately report any perceived short comings in the work place safety and in the safety of products given to customers or clients.

3. Quality Culture - A culture where utmost importance is given to the quality of the product or service being rendered.

4. Performance Culture – It emphasizes on achievement, results, and action as important values.

5. Ethical Culture - We see that in such organizations, ethics are given precedence even if being so may lead to a loss of business and profit.