In Kyukim’s blog, he talks about Samsung motivates employees by “threatening” the employees in South Korea. Samsung doesn’t reward their employees at all, instead they manipulate employees’ mind with the awareness of economic environment. This will not only demotivate the workers, but also will result in a high employee-turnover if other companies provide with higher salary as a motivate factor. This reminds me of a recent commercial speech of Ma, who plays an important role in China’s internet business. As we know, Ma established the first e-commerce company in China and also founded Alibaba, the largest retail trading platform around the world. In his speech, Alibaba used a totally different method from Samsung.

According to Ma’s speech, he mentioned that Alibaba group has already developed its own equity incentive system, after the development and research of Ma and other senior Ali, Ali group came up with an unique“restricted stock plan” to motivate his employees.

In the point view of organizational behaviour, it is obvious to see that Ma has applied an effective reward system into his company. According to chapter 5, it states that employer can motivate employees by rewarding them through several different variable-pay programs. Among these programs, employee stock ownership plan (ESOP) is quite similar to the incentive system in Alibaba. ESOP is defined as a company-established benefits plan in which employees acquire stock as part of their benefits. Stock options provides employees with the right to buy and sell their stocks in the company. In Alibaba, an employee shall be entitled to exercise for one year after he or she receives the restricted shareholding unit. And each of the restricted shares issued by the unit is divided into four years in place, granted 25% per year. Then the number of restricted shares held by employees will increase as a result of the annual bonus issue of new restricted shares. Ma used this kind of rolling increase rewarding system as a way to help companies retain employees since all the employees in Alibaba Group will always have a part of the options which haven’t been used. Moreover, this reward system will motivate employees to work harder since they will be more likely to think about the outcomes of their behaviour in the company. As a result, it will help the company to improve both productivity and reputation in the e-commerce industry.

In conclusion, different companies should use different motivation theories. Also, different employees also require different motivational factors.

Sources:

reward – Google Search. (n.d.). Retrieved from https://www.google.ca/search?q=reward&source=lnms&tbm=isch&sa=X&sqi=2&ved=0ahUKEwjSlvHNzfrSAhVPx2MKHaSTCoIQ_AUIBigB&biw=1440&bih=668#imgrc=m-Q418IKtYzVtM:

Word count: 413

Throughout commerce courses, students are always divided into different groups and required to work as a team. During last lesson, our professor asked us to share our own good and bad experience when we were working in a team. From those good experience, I found out that good team generally has the following specific characteristics.

Firstly, every member in the team participates in the group discussion and shares their own ideas with each other. A good team always has an open communication. It is also mentioned in chapter 6 of the textbook. It states that open communication is one of the most important characteristics of creating an effective team. Open communication allows team members feel free to express their feelings on the tasks as well as on the group’s operation. This will not only create a harmony working environment, but also improve the effectiveness in a team. secondly, every member is able to come group meeting on time and does their job properly.

However, in my opinion, as a good team member, it is not enough to only do well in our own parts. It is also very necessary for us to help others in a team, which is related to citizenship behaviour. Citizenship behaviour is a person’s voluntary commitment within an organization. All things being equal, a team whose team members who exhibit citizenship behaviour will perform better than one whose members don’t. It means that if all the members are willing to make effort by helping others. This will bring benefits to both our team and ourselves.

In conclusion, it is time for us to stop thinking about just finishing and completing our own parts of work, the success of a team as someone else’s responsibility. This is our mutual responsibility to achieve success. As a result, it is time for every member in a team to manage our time properly to help other group members who needs help.

Word count: 321

Sources:

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