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Basic introduction to Alibaba’s corporate culture philosophy

I wonder if you know something about Alibaba’s corporate culture and philosophy? Do you know something about Alibaba’s corporate culture? Below I have compiled some content about Alibaba’s corporate culture for you. Let’s find out together.

Alibaba’s corporate culture philosophy

Alibaba’s corporate culture

Since Alibaba was founded in 1999, a strong corporate culture based on Alibaba’s value system It has become the cornerstone of Alibaba Group and its subsidiaries. Their business success and rapid growth are based on an entrepreneurial and innovative spirit and a constant focus on meeting the needs of their customers. Alibaba Group has six core values, which govern all their actions and are an important part of the company's DNA. These six core values ??are integrated into the company's management systems regarding hiring, training and performance evaluation. When new employees join Alibaba, they attend a two-week orientation and team-building course at the Hangzhou headquarters, which focuses on the company's vision, mission, and values. Furthermore, these are reinforced during our regular training sessions, team-building exercises and company events.

Alibaba has grown from 18 founders in Hangzhou, China to a company with more than 5,000 employees in 20 offices on three continents. They strive to create a family where employees can work closely together in a positive, flexible and results-oriented environment. No matter how big a company they grow into, strong shared values ??allow them to maintain the same company culture and Alibaba House.

Alibaba’s dream: Create a completely different world by developing new business methods Alibaba’s mission: Make it easy to do business in the world

Alibaba’s vision, mission, and values

Vision Vision 1. To become a company that has sustained development for 102 years. 2. To become the world’s largest e-commerce service provider. 3. To become the world’s best employer. Mission. To make doing business easy. 1. Customers are our food and clothing parents. Respect others and maintain Alibaba’s image anytime and anywhere

Face complaints and grievances with a smile, and proactively solve problems for customers at work. In the process of communicating with customers, even if it is not yourself responsibilities and do not shirk the responsibility

Think about the problem from the customer's perspective, and on the basis of adhering to principles, ultimately achieve the satisfaction of both customers and the company

Have a sense of advanced service and prevent problems. Weird

Teamwork

? *** share the responsibility, ordinary people do extraordinary things

Actively integrate into the team, be willing to accept help from colleagues, cooperate The team completes the work

Actively express constructive opinions before making a decision and fully participate in the team discussion; after the decision is made, regardless of whether individuals have objections, they must be fully supported in words and deeds

Actively share business Knowledge and experience; take the initiative to provide necessary help to colleagues; be good at using the power of the team to solve problems and difficulties

Be good at cooperating with different types of colleagues, do not bring personal preferences into work, and fully embody? ?Principles

Have a sense of ownership, positively influence the team, improve team morale and atmosphere. Embrace changes

?Embrace changes and be brave in innovation

Adapt to the company's Do not complain about daily changes

Face changes, treat them rationally, communicate fully, and cooperate sincerely

Be able to adjust yourself to difficulties and setbacks caused by changes, and positively influence and drive colleagues to work Be forward-looking at work and establish new methods and ideas

Create changes and bring about breakthrough improvements in performance

Integrity

? Honesty and integrity in words and deeds Frank

Be honest and upright, and be consistent on the outside

Accurately express your views through correct channels and processes; express critical opinions while making corresponding suggestions, and be straightforward

Do not spread unconfirmed news, do not discuss things or people irresponsibly behind their backs, and be able to guide them positively. For any opinions and feedback, change them if they are there, and encourage them if they are not?

Courage Admit mistakes, dare to take responsibility, and make corrections in a timely manner

Correctly and effectively stop dishonest behaviors that harm the company's interests

Passion

? Optimistic and never Give up

Love your job and identify with Alibaba’s corporate culture

Love Alibaba, take the overall situation into consideration, and don’t care about personal gains and losses

Face it with a positive and optimistic attitude In daily work, never give up when encountering difficulties and setbacks, constantly motivate yourself, and strive to improve performance

Always use an optimistic spirit and a belief in winning to influence and drive colleagues and teams to constantly set new standards. High goals, today’s best performance is tomorrow’s minimum requirement. Dedication

? Professional and persistent, keep improving

Do not postpone today’s things to tomorrow, only do work-related tasks during working hours things; follow the necessary work procedures, and do not make repeated mistakes due to dereliction of duty

Continuous learning, self-improvement, and fully embody the result-oriented approach

Correctly arrange work priorities according to priorities and do the right things

Follow but not stick to the work process, simplify the complex, and obtain greater work results with less investment Alibaba Company Profile

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Alibaba is the world's leading small business e-commerce company and the flagship business of Alibaba Group. Alibaba was founded in Hangzhou, China in 1999, and assists millions of buyers and suppliers around the world to engage in online business through its three trading markets. The three online trading markets include: the international trading market that focuses on serving global importers and exporters, the Chinese trading market that focuses on domestic trade, and the Japanese trading market that is operated through an associated company to promote Japan's export and domestic sales.

In addition, Alibaba also has a global wholesale trading platform in the international trading market to provide services for smaller buyers who require fast delivery of small quantities of goods. All trading markets form an online community with more than 61 million registered users from more than 240 countries and regions.

Alibaba is a business-to-business online trade market platform founded by Jack Ma in 1999. In May 2003, 100 million yuan was invested to establish Taobao. In October 2004, Alibaba invested in the establishment of Alipay to launch intermediary-based secure transaction services for the Chinese e-commerce market. In February 2012, Alibaba announced that it would make a privatization offer to its listed subsidiaries at a repurchase price of HK$13.5 per share. On May 21, 2012, Alibaba and Yahoo signed a final agreement on equity repurchase. Alibaba used US$7.1 billion to repurchase 20 shares. On July 23, 2012, Alibaba announced that it would adjust Taobao, Yitao, Tmall, Juhuasuan, Alibaba International Business, Alibaba Small Business Business and Alibaba Cloud into seven major business groups to form the group's CBBS market. The brand value of Alibaba

In 2013, investment banks valued Alibaba at approximately US$70 billion to US$80 billion. Such a large order will inevitably trigger a battle among investment banks and return to global IPO fundraising. The throne of number one will also play an important role.

Regarding the valuation of Alibaba Group, the capital community has different views. China Renaissance CEO Bao Fan believes that Alibaba’s market value of US$100 billion is a bit high. He pointed out: Facebook's IPO was a failure, and investors still lost a lot of money. If Alibaba was like Facebook, everyone would think it was a money trap. ?

Tencent’s market value is approximately 606.8 billion yuan, with a price-to-earnings ratio of approximately 37 times. The performance of Alibaba Group and Tencent is quite similar. Alibaba Group's net profit in the first quarter of 2013 was about US$669 million, while Tencent's was about US$640 million. This can also support Alibaba's valuation of more than 600 billion yuan. Some analysts believe that investment banks' continuous upward revision of the overall valuation of Alibaba Group can also be seen as removing obstacles for Alibaba Group to reach the valuation limit of US$100 billion as soon as possible.

Wu Ronghui believes that compared with eBay, Tencent and other companies, Alibaba Group’s valuation is in a more reasonable range.

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