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... Sports, music, art: these things seem unimportant, but they are extremely important for shaping imagination and personality. He was well aware of facing difficulties while applying changes into his company. However, he has positive thinking, leading him to be a fighter. Free resources to assist you with your university studies! We also use third-party cookies that help us analyze and understand how you use this website. He sang and spoke to an emotional crowd in Hangzhou, China. He has built a culture of participation. Thus, he has built his companyâs culture to be not too formal and serious by trying to participate in the team as a member not a boss. 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). When he was creating a new business, he initiated changes in the process. In his childhood, he was different from other children that spent time playing. 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. How to Select the Best Reciprocating Saw Blades? As leadership analyst, he has written for different topics including Leadership Styles and Qualities, Finance, and Economics. He was also only one of the five applicants of the Chinese police academy that did not get a job, and he was rejected 10 times by Harvard University. Jack Ma became the richest man in Asia at the age of 50 but he is not doing business just for the money. Leadership is about working together. There are 7 Tips as follows: 1. Furthermore, he has advanced communication skills. He became an inspiration to people around the world. 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. Jack Maâs Leadership Traits Jack Ma, the main founder, chairman and chief executive officer of Alibaba Group, For his charismatic and energetic characteristics, Ma is nicknamed âCrazy Jack Maâ and is seen as Chinaâs version of Steve Jobs or Bill Gates. He had a full costume and was joined in the back by many dancers in front of thousands of Alibaba employees. However, he has positive thinking, leading him to be a fighter. Our academic experts are ready and waiting to assist with any writing project you may have. Moreover, Jack Ma has changed his style into conductive style of management. I really respect him as my model of the best leader. He starts off as a financial advisor and makes a small fortune. Alibaba was at first a business to business company and later Jack Ma tried to convert their company into business to consumer or even consumer to consumer with the help of transformation management skills. In this decade, no one knows “Alibaba”, the largest wholesale site in the world, which is a Chinese-owned website that has become international. Ma parents were traditional Musician-Story teller 6. According to him, change is the best plan and so that everyone should embrace changes. Ma knows what he wants to achieve and he knows how to chase it down. Copyright © 2003 - 2020 - UKEssays is a trading name of All Answers Ltd, a company registered in England and Wales. This personality trait of Jeff completely resembles Mark Zuckerbergâs personality trait of taking high risks but in a calculated manner. Check how much you know about this bizzare man. 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. Ma never gives up if he fails one thing repeatedly. Since he was young, he has had many experiences, which mostly were failure and rejection. Available at: https://www.shoutmeloud.com/jack-ma-alibaba-founder.html [Accessed 18 Nov. 2018]. Use this failure to improve yourself, and the next time, you can do better than the previous. His real name is Ma Yun who born September 10, 1964. He follows transformational Leadership style as well by empowering his employees and motivating them to do more to achieve success. Thus, I established Mr. Ma as my role model of an impressive person. Leadership Qualities – Styles and Skills of Elon Musk, Best Calculators Reviewed – Graphing, Scientific, and Financial, Leadership Qualities – Style, Skills, and Traits of Ginni Rometty, Leadership Qualities – Styles, Skills, and Traits of Sheryl Sandberg, Best Way to Sharpen a Chainsaw Step by Step. He should try to stay one step aâ¦ And his mission is to regenerate China’s sense of purpose and culture which were lost under Mao Zedong’s rule. If you donât do it, nothingâs possible. 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). Environmental Factors of PESTLE Affecting Businesses, Social Factors of PESTLE Affecting Businesses, Economic Factors of PESTLE Analysis Affecting Business Organization. His employees are willing to work without force, which can bring out the ability of the individual at the same time. 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. Accepting that and changing your approach is another key to his massive success. Tham Jo Ee, C. and Yazdanifard, R. (2015) â. Understand local culture. With the success of Alibaba, Jack Ma proved this right time and time again. In my point of view, Mr. Jack Ma is a respectable person who inspires many people, especially those who will become entrepreneurs because, to be successful in this decade, it is not easy. During his time as a teacher, he started his translation business. Another outstanding characteristic that can be noticed from analyzing Mr. Ma is the way that he is leading his underlings. Mr. Jack Ma is one of the most influential people in this decade. 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. 4. His answer was a skill. Although he is not good at technology and computers, he has teaching skills. Leadership Accepting this and changing the approach is another quality and skill of his success. He Defines Failure as Giving Up: This is one of his popular leadership quality and skill that defines him a successful leader. Transformation Management Skills: Jack Ma has the skill to understand change management in order to lead his company to success. In this monthâs Founderâs Zodiac, weâre digging into five common traits of successful entrepreneurs and the Founder Sign that embodies each one. It has a lot of obstruction, which can make entrepreneurs fail. Alibaba is a successful Internet based business. 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. It was then that Jack Ma was first introduced to the internet and computers, and this is the beginning of Alibaba (An, 2017). He believes that bad experiences in life are the chances you need. Facing Rejection Creating Alibaba platform was a step to the change for Jack Ma which leads him to the success. The personality type ISFJ is usually caring, understanding and friendly, while the person in â¦ + Jack Ma Holly Wood, Veronica Cevallos, Renato Segatto, Adriel Reyes Social Media 2. He said, âYour employees should have superior technical skills than you. These cookies do not store any personal information. Jack Ma is the prototype of a successful businessman, who is a true rags-to-riches story. His family does not have a good financial position. 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. He also follows Charismatic Leadership & Visionary Leadership styles. Therefore, he manages to limit himself to English. If Jack Ryan did have a plan for his life, it got very derailed somewhere along the way. Mr Ma is now setting his eyes on a new goal: shaking up Chinese finance. Rather he is on a mission to change the way business is done in China, gives the country its heart back, and take over the e-commerce world. *You can also browse our support articles here >. Therefore, people who work in lower positions or new generation employees do not have much chance to present their ideas, which leads the company to lose new ideas. He noticed many products produced in China, but when he used the internet to search, the first word was âBeer.â The results surprised him because no Chinese beers turned up, then that he decided to found an internet company for his home country (An, 2017). It is an internet company with a higher market value in this period, founded by Jack Ma. Mr. Maâs transformational and visionary leadership style is interesting. Moreover, he reduced a gap between leader and his employees by creating an atmosphere during working. However, he found that this type of management will limit employeesâ freedom and ideas. He is Democratic Leader since he gives importance of his employees’ ideas. Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. He tried to study Western culture, management concepts, and successful businesses for a year. According to Ma, “giving up is the greatest failure. 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. 1. For transformational leadership style, he is a man that has high motivation power. 5. We then considerthe risk attitudes and goals and aspirations of entrepreneurs. This quality helps his business to provide best services. He can integrate these two leadership styles, leading employees perfectly. Despite his displays of emotion and idealism, he is most predominantly a classic Thinking personality type. This category only includes cookies that ensures basic functionalities and security features of the website. Jack Ma used to be an autocratic leader. He is now officially a billionaire, the richest man in China and the 33rd richest person in the world (Investopedia, 2017). We've received widespread press coverage since 2003, Your UKEssays purchase is secure and we're rated 4.4/5 on reviews.co.uk. Although he was confronted with failure frequently, it taught Mr. Ma determination. Jack Ma became interested in learning, especially the importance of the English language. In this assignment report, I will analyze Mister Jack Maâs leadership by using reliable articles and publications to analyze as follows Jack Maâs behavior and his leadership style are demonstrated by the individual that reï¬ect his vision, how it has evolved over time in different contexts, and this assignment report ends with reï¬ections about the inspiration from his leadership styles and conclusion. Letâs take a look at 10 personality traits that have enabled magnates like Steve Jobs, Sheryl Sandberg and Jack Ma to achieve remarkable things. Studying Jack Ma as a model, whether leadership style, personality, organization, his tips for leadership, and quotes, might lead companies to achieve a goal easier. He says that leaders should be tenacious and have a clear vision. You also have the option to opt-out of these cookies. Moreover, Jack Ma has a sense of humor. So, what makes jack a powerful leader? According to Deep Patel (2018), the outstanding personality of Jack Ma is he is extremely determined person. 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. He had to face a lot of rejections a lot in his early age. https://steemit.com/recommend/@cooper10510/jack-ma-s-leadership-style-with-8-keys-to-success-in-alibaba, http://www.lifehack.org/articles/work/8-keys-success-from-jack-self-made-billionaire-and-ceo-alibaba.html, http://www.investopedia.com/university/jack-ma-biography/jack-ma-success-story.asp, Undifferentiated Marketing Strategy – Definition, Advantages, Disadvantages, and Examples, Leadership Qualities, Skills, and Styles of Elon Musk. Before setting up Alibaba, he did not do well at technology. He was dedicated to improving his English; for nine years, he conversed with tourists at the Hangzhou Hotel, gave them free city tours and even became pen pals with some of â¦ VAT Registration No: 842417633. 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. Rather than uniting his company under the vision of one person, he unites them under a common goal. And his story of starting an empire from scratch already makes him an inspiration to millions people across China. He rode by bike more than 45 minutes into the city every day to volunteer as a guide for foreign tourists to go around the city (Insider, 2017). The Personality Database is a user-driven, social community based on popular typing methods as the Four Letter Personality types and the Enneatypes. The vision is more important than the leader. Jack Ma is the most struggled entrepreneur of our times, tough journey before becoming the founder of Alibaba group is as follows: 1. Use your instinct. 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. And this is what Jack Ma does as a leader and gets success at every stride of his business. However, his company reached the 8th richest in the tech industry in 2016, and he had more than 66,000 full-time employees. Do you have a 2:1 degree or higher? ISFJ â The Nurturer. He is Tenacious: Jack Ma is a leader with having a tenacity and clear vision. He has several standpoints that can motivate other people, including myself. It is mandatory to procure user consent prior to running these cookies on your website. This initiative of Alibaba started because Mr. Ma saw a potential way to do business online and become profitable. Jack Black tends to be quite adaptable, and he finds it easy to fit into most social set ups and vocational fields. And he got the chance to go to the United States for the first time. There are no particular virtues that can cause an imbalance in Jack's personality and life, but he has to work hard and persistently to develop those special strengths that he desires to attain. He follows transformational Leadership style as well by empowering his employees and motivating them to do more to achieve success. 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. Jack Ma was born in Hangzhou, China on 10th September 1964. Within each area, we separate studies by the type of entrepreneurial There were times when Jack Ma didn’t taste success even after putting in his best. Jack Maâs Leadership Approach. He is a Chinese business magnate who is the founder and executive chairman of Alibaba Group. Ma Yun was known as Jack MA Jack Ma was born on September 10 in Hangzhou , Zhejiang Provision, CHINA 5. He does not position himself as a boss, forcing people to be underlings, but he treats them as important people in the company, which can gain loyalty from them. He believes that bad experiences in life are the chances you need. He can see the possible way to start the business earlier than others. But opting out of some of these cookies may have an effect on your browsing experience. He got up dressed as Michael Jackson and danced a few songs âBillie Jeanâ. 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. A Man of Positivity: Jack Ma knows how to remain positive in any circumstances and this skill made him one of the successful leaders in the world. Since he was young, he has had many experiences, which mostly were failure and rejection. Reason to succeed is Our team. 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. At his retirement party, Jack Ma stepped onstage to celebrate Alibabaâs 20th anniversary looking every inch the rock star complete with a leather jacket, shades, guitar, and jewellery. To be the Best Source of Business Strategy & Analysis. Most of the content in this report is about how Jack Ma works with his employees in terms of leading because he believes investing in people is the most important thing. One of the important keys leading Jack Ma to become a successful leader is âTeamwork.â He believes he cannot be successful without good team members because he not a professional in many ways, such as technology. which also help him to run his business in a successful way. 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! Third, dealing with the conflict framework, Jack Ma should be in Collaborating, because he said the company would not be successful without the ability of cooperation between members in the team for the reason that most individuals do not have all skills. Alibaba was not an instant success and Jack Ma had faced a lot of difficulties while starting this business. For me, to become an entrepreneur in the future, I prefer to use Jack Maâs leadership style to adapt to my firm. His embodiment of the responsive and responsible leadership is indeed inspiring. Jack Ma – The Inspirational Story of Alibaba Founder. (Investopedia, 2017). They are willing to work hard, which benefits the company. As mentioned in the organization part, he treats his employees as partners, rather than boss and underling. Therefore, He gained a loyal and hardworking group of executives, managers, and employees. Ma understands that no matter how hard you try you will never be able to convince every single employee, business partner, and potential investor to trust you or believe what you say. Jack Ma's life began with many difficulties. 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. We first consider baseline personality traits like the Big -5 model, self -efficacy and innovativeness, locus of control, and need for achievement. He was rejected to get KFC job and also, he got rejected from Harvard University when he applied for 10 times. He was first introduced to the internet in 1995 when he was 31 years old. Of facing difficulties while applying changes into his company initiated changes in the world jack ma personality type the way is Chinese... 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