Justification for prioritizing innovation in the organization
Alibaba is one of the largest e-commerce company which has active buyers for its websites who are able to handle the translation of the revenues, with year-to-year performance. The attractiveness and the potential of the business model of company include the visions about enabling the small enterprise to leverage innovation and technology. The company Alibaba Group holds one of the powerful computing network and wealth of data. It works on building the computational network with the cloud-based stream process platform. The company has been able to work on different research and development goals where the data is able to drive the efficiency through artificial intelligence technologies like machine learning, deep learning and moving for the neural networks with a rapid migration process.
The artificial intelligence, augmented reality with the facial recognition helps in handling the connection of the internet vehicles. Hence Alibaba could work on the digital innovation with efficient pumping and rapidly commercializing the new technology ideas, with services and ventures (Taran, Nielsen, Montemari, Thomsen & Paolone, 2016). The company needs to work on connecting the local Chinese manufacturers with the potential customers who are ordering overseas. Alibaba includes the complex, fully integrating and then handling ever-growing ecosystem for digital services with innovative new technologies. It will help in offering the customers with a seamless and evolving digital immersion experience that is set across the different channels and online platforms. The understanding of Alibaba is to handle the complexity with fully integrating and handling ever-growing ecosystems of digital services. It works on offering the customers with digital immersion across the different channels and the online platforms (Van Waes, Farla, Frenken, de Jong & Raven, 2018).
The leadership challenges of Alibaba Group are:
- The governance structure is novel and unprecedented. The company has problems with the partnership and how it can work on preserving the cultures which are shaped by the founders.
- The shareholders are also a concern for certain investors where the governance experts generally wonder about the independence and efficacy. There are business leaders who are working on similar phrasing and focus on the long term rather than the short-term whims which are related to the shareholders (Jørgensen, S. and Pedersen, 2018)
- There is a diversity of gender in the management team which is found to be better from the one with some big companies, that are settled in the Silicon Valley sector. Jack Ma, the business leader and CEO of Alibaba Group has been a relation-oriented person with the participative leadership that helps him in working over the decision making and then taking the opinions of the people in consideration.
- The leadership influences on the followers are generally about the ways of managing the business. The achievement of the oriented leaders help in motivating the employees with the inspirational leaders by inspiring them to follow the dreams (Kuo & Wu, 2016).
Concerning the strength, he has been able to empower the nature that he used for motivating the employees in the organization. He also had problems about being too friendly or emotional which can be seen as a negative factor at certain times. He has been creative and time respecting person who works on creativity and innovation in order to overcome the leadership challenges.
With the changing times, Alibaba has been working on handling the e-commerce players who are facing tremendous challenges with moving to tap more group that will help in transforming the business in China. Alibaba indicates about the groups with growth that will help in transforming the retail industry with repositioning itself as a service provider for building digital and the physical infrastructure (Edison, 2016). The challenges are related to different factors which includes the discussion on technology, fashion, entertainment and the goods. The focus is on how the Chinese e-commerce giant will make different acquisitions and investments in U.S. market share. Alibaba is one of the largest operator of e-commerce in China where the rampiring up of efforts are mainly to expand the offerings beyond the domestic market.
- The employees are not motivated for the innovation and there are certain inventor incentive programs which are unstructured. At times, these programs can help in encouraging the employees to spend time to think about new ideas that could be a boon for the company (Gander et al., 2017).
- With any other organizational initiatives, there are innovation strategies which includes the operational implementation with innovation effort risk misalignment.
- The lack of collaboration is a major problem for the organization. Hence, it is important to understand the importance of collaboration with the industry partners so that the company can earn profits.
In order to overcome the problems, there is a need to focus on improving the options and then evaluate the competitive companies with their products and customers. It will also help in analyzing the problems with variables and values that could be a major potential cause of classifying the decision criteria (Zhu, Song, Ni, Ren & Li, 2016). The solutions need to be analyzed with focusing on the pros and cons that will help in handling the business data analytics tools for the small vendors. Alibaba also focus on handling the evolvement of rapid change to digital commerce with enabling interactions of business, people and things through digitization. The company offers a wider range of e-commerce which is rapidly working to handle the digital commerce with enabling interaction of business through digitalization technologies. It will be also effective to gain the critical volume with better efficiencies to achieve a transformation to digital commerce.
Leadership challenges
Alibaba has been one of the stable company in the market with:
- The unique business model
The company provides the services for the small enterprise and the individuals which helps in emancipating the productive forces of the small enterprise and then offers a diversified consumption for the consumers. The company has been able to provide a major focus on the services to small enterprises that will help in creating values as well.
- The Unconventional Profit Model
Alibaba is one of the company which charges for the services that are given to the customers in marketing and the other technical support. It generally contributes for a larger and the robust market share that helps in bringing profits to the customers from the advertisements and the other keyword biddings (Yablonsky, 2018). The removal of the intermediate feels and then allowing the sellers to register for free is one of the activity which helps in culturing the online transaction habit.
- Reliable Credit and support services for the customer
Alibaba needs to work on helping the people for creating the model among the customers where the sellers are mainly on the eCommerce platform and who are also requested for passing a test for online certification. This tends to reduce the illegal transactions where the sellers are then supervised for the different platforms at different times. The new patterns of transactions includes the factors where Alibaba has been involved in handling the transaction patterns and creating value for the customers as per the needs.
The leadership can help in setting a vision of future where the employees are working on creating a status for setting aspirational goals which are challenging for the employees to reach a higher level. The research is about how the social influence can aid and support the others when it is about the accomplishment of a particular task (Demirkan, Spohrer, and Welser, 2016). The research is about the ongoing centuries where the patterns are based on the trait-based perspectives that includes the research techniques which needs to handle the intelligence, dominance, and the adaptability with self-confidence. The innovation helps in revealing about how the product development, technology and the entrepreneurship will dominate the policy disclosures.
The experts have been able to identify the different product innovation where the survey is about how the business impacts the globalization and the knowledge revolution. It will bring the additional values and then widen the employment base as well. The standards are set for transforming the sourcing of input products that are coming from the market with handling the delivery that is set for the output of products. The innovation is to create a tool which will be important for determining about whether one can respond as leaders and innovate accordingly.
The recommendation for the innovative culture includes:
- Embracing the innovation as top team where the personal goal is to attend the meetings and then focus on promotional forms with improving the company strategy. The reflection is about the behavioral reinforcement that will help in understanding the change and engaging the middle management.
- There is a need to turn the selected managers to the innovation where there is a need to focus on the improvement of the coaching and the facilitation skills that will help in building the capabilities of the people who are involved in the innovation effectively.
- Creating opportunities with the experimentation will help in the achievement of a proper organizational approach (Wind & Rhodes, 2017). The goal is to focus on the positive experiences which makes it a difference to build the organizational capabilities and confidence. The innovation comes with the positive experience that makes the difference to build a better organizational capability and confidence.
Alibaba has been working on the integrated ecosystem with the excellent service quality that is derived through employing the use of the mobile terminal domains. It include the expansions of the core business for different domains like the advertising service logistics network. The company has been able to provide the services with the mobile terminal to handle the integration of comprehensive data resources that covers the different aspects of customer daily lives. It is mainly through properly handling the acquisition of the software companies set in different domains. China has the largest e-commerce company which presides on the collection of the online platforms. The payment services of Alipay help in creating the lucrative online retail ecosystems in the world.
The company needs to focus on how the customers are able to work on the big platform. They need to also refine the image search applications which requires a deep learning for delivering the better results. This would also require the detection of the specific features which are associated to the product and helps in reducing the number of false hits. Hence, the platforms are to be specific which includes how the products are handled without any brand. Alibaba has been working on a similar technology to push the product recommendations. The company is working on improving the customer service where Alibaba is handling the AI chatbot that is for the merchants who are on the platform. The customer service does not have any of the increased headcount mainly because of the transaction quality that tends to be increasing. Hence, it mainly relies on the artificial intelligence that is based on the technology of voice-recognition and the natural processing.
References
Demirkan, H., Spohrer, J.C. and Welser, J.J., 2016. Digital innovation and strategic transformation. IT Professional, 18(6), pp.14-18.
Edison, H., 2016, November. Software Product Innovation Through Startup Experimentation in Large Companies. In International Conference on Product-Focused Software Process Improvement (pp. 751-756). Springer, Cham.
Gander, B., Lazenby, B., Duffett, C., Richards, G., Hoddenbagh, M., Kristmanson, M., Dusome, R., Linkletter, S. and Cohn, S., 2017. Ottawa: Rise of a Smart Community. In Smart Economy in Smart Cities (pp. 79-107). Springer, Singapore.
Jørgensen, S. and Pedersen, L.J.T., 2018. The Seven Steps of the RESTART Framework. In RESTART Sustainable Business Model Innovation (pp. 13-21). Palgrave Macmillan, Cham.
Kuo, C.L. and Wu, Q.Z., 2016, December. How Do Alibaba Penetrate into and Benefit from the Internet Finance Sector Successfully? An Ecosystem Perspective. In the Proceedings of the 16th International Conference on Electronic Business (ICEB 2016).
Taran, Y., Nielsen, C., Montemari, M., Thomsen, P. and Paolone, F., 2016. Business model configurations: a five-V framework to map out potential innovation routes. European Journal of Innovation Management, 19(4), pp.492-527.
van Waes, A., Farla, J., Frenken, K., de Jong, J.P. and Raven, R., 2018. Business model innovation and socio-technical transitions. A new prospective framework with an application to bike sharing. Journal of Cleaner Production.
Wind, J. and Rhodes, K., 2017. The Revolution in Innovation Management: The Challenge for Legacy Firms. In Revolution of Innovation Management (pp. 221-257). Palgrave Macmillan, London.
Yablonsky, S., 2018. A Multidimensional Framework for Digital Platform Innovation and Management: From Business to Technological Platforms. Systems Research and Behavioral Science, 35(4), pp.485-501.
Zhu, X., Song, B., Ni, Y., Ren, Y. and Li, R., 2016. Seizing Innovation Opportunities. In Business Trends in the Digital Era(pp. 213-225). Springer, Singapore.
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