The Alibaba Group Corporate Values Essay Example

for customers to do business. He insisted that rather than earning profit, Alibaba was about helping customers to succeed. Alibaba has kept this culture and its focus is still on giving customers and merchants a platform to prosper. Alibaba instils a culture of teamwork and adherence to the company's values through training employees, mentorship, and performance evaluations. Subsidiaries of the company are encouraged to build on the core values to create subcultures that are efficient for the subsidiaries’ line of operation. The adherence of the company's core values as well as corporate culture account for about 50% of the employees' key performance. Ma insists that Alibaba's greatest achievement is the company's focus on organizational culture and values

Alibaba’s core values are fundamental to the company’s operations and their success and growth is attributed to those values. The first value is keeping the interests of their customers first, be they buyers or sellers. Teamwork is the second value; it enables the company, through ordinary individuals, to achieve extraordinary things. The third value is embracing change, encouraging innovation and adaptation to changing business conditions. The fourth value is integrity, honesty and commitment to promises. Passion, the fifth value, enables the employees to approach all issues with enthusiasm and never give up. Commitment and dedication to excellence are highly rewarded and is the sixth value of the company. In addition to these six core values, the values of insight, being openhearted and identifying talents are upheld. The values are very important if the success of a firm is to meet. Every employee should strive hard to ensure this value is met in the organisation in any working period.