Today, let's take the "strong enterprise model" as a mirror to look at well-known companies. Briefly feel the role of the "strong enterprise model", what is the secret of Alibaba's success as a representative of the strong enterprise model?
First and foremost, Alibaba's success is inseparable from its strong corporate culture. With the mission of "making it easy to do business in the world", Alibaba has formed a "customer first" with the vision of becoming the world's largest e-commerce service provider and the world's best employer company that has been developing continuously for 102 years.
1. Teamwork, embracing change, integrity, passion, and dedication".
This positive corporate culture gives Alibaba employees a strong sense of belonging and mission, and works together to achieve the company's vision. Secondly, Alibaba's success is inseparable from a strong team. Alibaba's "18 Arhats" team has different capabilities, but they all share a common mission, vision and core values, and they work together to form a strong fighting force. In addition, Alibaba's business model, effective communication methods, and strong cash flow are also key elements of its success.
The secret of Alibaba's success as one of the world's top companies lies in a sound governance structure and a strong corporate system.
First of all, Alibaba's shareholding structure is extremely fragmented, with Jack Ma and Tsai Chongxin adding up to only 64% of the shares, which means that they have less control over the shareholders' meeting and are prone to losing control of the board of directors. However, Alibaba has adopted an approach called a "partnership system" that guarantees that the founding team can control the board with a small number of shares.
Secondly, Alibaba's enterprise system is extremely powerful, including decision-making, management, marketing, organization, finance, operations, R&D, payment and other subsystems.
The combination of these systems allows Alibaba to manage its many employees and online transactions in an orderly manner.
Finally, Alibaba's compliance with and use of regulations is a key ingredient in its DNA. Before the state imposed anti-monopoly penalties on Alibaba, we could feel that Alibaba was a law-abiding enterprise and had a strong ability to protect itself through legal means. Alibaba's success is based on a robust governance structure and strong corporate systems, as well as key elements of compliance with and use of regulations. The secret of Alibaba's success is multifaceted, what do you think can be improved in Alibaba's governance structure and enterprise system?
Feel free to share your thoughts in the comments section.