ALIBABA CEO DANIEL ZHANGS 6 PRINCIPLES OF LEADERSHIP

Event Calendar Press Releases Tuesday April 2, 2019 15:12
Bangkok--2 Apr--124 Communications Consulting

Alibaba Group CEO Daniel Zhang recently spoke to senior managers at Freshippo (also known as Hema), Alibaba's New Retail-powered supermarket chain, about the importance of a values-driven corporate culture – especially as Alibaba and its businesses expand at break-neck speeds.

"As Alibaba grows, we need to return to basics. Values shouldn't be words written on plaques on the wall. Values should become part of the way we think and act" automatically, Zhang said in Shanghai.

But while Freshippo has delivered innovative business models and operational efficiencies to help it carve out a share of the China grocery market, Zhang said that a strong company culture, and one aligned with Alibaba values, would be imperative for that success to continue.

Freshippo, known as "Hema" in Chinese, is a perfect example of that rapid growth. Its technology-driven approach to grocery shopping has soared in popularity among Chinese consumers since it first launched in 2015. But while Freshippo has delivered innovative business models and operational efficiencies to help it carve out a share of the China grocery market, Zhang said that a strong company culture, and one aligned with Alibaba values, would be imperative for that success to continue.

"Culture acts like a catalyst, it's the glue that brings everything together," he said. "This has to be top priority for everyone from headquarters on down to the stores themselves."
In addition to emphasizing the importance of building a culture at Freshippo, Zhang spent time discussing the values he thought should underpin and drive that culture. Here are the top takeaways:
Customer First
If anything will slow growth for Freshippo, and Alibaba as a whole, it's lack of focus on the customer, Zhang said.

Therefore, putting customers first should be a reflex for managers, something that is engrained in their subconscious. That attitude will then work its way throughout the entire organization, influencing the employees who engage with customers on the front lines of Freshippo's business: the stores themselves.

"Let's take this opportunity to install 'Customer First' as the basis for our culture," Zhang said.
Culture Starts With the Individual
"Before realizing good corporate culture, you have to first be a good person," Zhang said. "This is the starting point."

This is especially true for senior management, as culture is something that typically starts at the top of an organization and works its way down to the employees. So, managers must remain true to right speech and action. If Alibaba believes in creating value for society and improving people's lives, thenFreshippo managers should be examples of that to have a positive influence on their teams.

Chief among those values is humility, Zhang said. For that reason, he urged the audience to not use the term "boss." Instead, they should maintain a simple and transparent working structure, one without special privileges for higher-ups, in order to include and empower the entire staff. The best way to teach this to employees is for managers to not calling those above them "boss," either.

"Go back to the basics of being human, starting with our team," Zhang said. "Only by doing this can we spread this value throughout the different levels of the organization, one by one."
Treat People Like People

People are not means to an end for a business, Zhang said. Management should provide opportunities for employees to grow their skill sets and careers. That investment in staff is good for the organization as well employees, and it creates a sense of loyalty that will keep those employees engaged even in challenging times for the company.

Moreover, Zhang said it was necessary to have formal systems in place to support talent development, such as training programs and other benefits. But some more-intangible measures are also necessary, such as having heart, he said.

"You have to be flexible to relate and resonate with other people," Zhang said. "I believe that having heart allows people to better connect," which builds stronger teams.
Zhang also shared the following maxims for management:
Real passion is infectious. The best way to inspire others is to find your own drive and inspiration.
The higher you go, the more humble you should be.
As a leader, be ready to travel some roads alone, bear responsibilities that are yours alone to bear and count on yourself to make the right decisions.

Latest Press Release

BOI Approves Thailand Plus Incentives to Expedite Investment Relocation New package also encourages workforce development and STEM education

Thailand Board of Investment (BOI) today approved a set of new incentive measures aimed at attracting foreign business to relocate and expedite large-scale investment as well as strengthening workforce development. These new measures include an enhanced...

IP Key SEA IP Enforcement Week: EU and South-East Asia join forces to enhance IP Protection and Enforcement

(From left) Mr. Philipp Dupuis, Head of the Economic and Trade Section of the Delegation of the European Union in Thailand, Ms. Nusara Kanjanakul, Deputy Director General of DIP, Mr. Peter Kovacs, Head of Unit, Intellectual Property and Public...

Thaicom and Russian Satellite Communications Company Enter Into Partnership Agreement Joint service agreement for maritime satellite broadband connectivity marks beginning of long-term partnership in satellite-enabled technology and services

Thaicom Public Company Limited (THCOM), Thailand's first satellite operator, today announced the signature of an Agreement of Intention with Russian Satellite Communications Company (RSCC), a Russian leading satellite operator, to collaborate on the...

The Mall Group Department Stores hold Midnight Sale campaign with prizes worth over 3 million baht

The Mall, Emporium, EmQuartier and Paragon Department Stores partnered with Citibank to hold "Midnight Sale : Midnight Cafe #cantsleep #comeshop" campaign from 27 September to 6 October 2019. Promotions include up to 70% discount, up to 30x points for M...

Photo Release: KBank and OR launch Blue CONNECT application

Recently, at PTT Public Company Limited's Head Office, Vibhavadi Rangsit Road, Ms. Kattiya Indaravijaya, second from left, KBank President, and Ms. Jiraphon Kawswat, second from right, President & Chief Executive Officer, PTT Oil and Retail Business...

Related Topics