2015年12月4日 星期五

Jack Ma - Alibaba Group

Entrepreneurial Trait  - Open Risk Taker



Jack Ma, born September 10 1964 in Hang Zhou, Zhe Jiang, Province. Although he failed the University Exam 3 times, but he do not give up and last he graduated in 1998 with a Bachelor’s degree in English. Yet, Jack Ma become the first mainland Chinese entrepreneur appeal on the cover of Forbes.



Risk measurement, the primary function of entrepreneur. Often to said that huge profits come to the entrepreneur who take big risks. Jack Ma, Alibaba’s founder who resulted super successful of the company. Jack did not simple take risks, and he dared to challenge the status quo.

Many people feel shock when Jack Ma share concept of that shareholders are the third concern after the customer and major owners, place the customers first might not fair to the shareholders in a company. Majority people think that customers tertiary status should not be on the top of an organization because the public relations problem would exist. This cause the analysts and television personalities have heaped scorn on Jack Ma’s concept.



Risk taker always receive a lot of critics, Jack onslaught of criticism from the analysts, academics and also competitors that because he defied conventional wisdom and longstanding corporate governance practice to distinct a new path for creative and innovative entrepreneurs. Nowadays, the unrealistic standards of corporate governance by Jack Ma proven that helped to pave a new path for today’s entrepreneurs.

Jack fight against the selling fake goods problem. Kering, whose luxury brands include Gucci, Puma, Saint Laurent and Alexander Mc Queen had sued Alibaba for selling counterfeits of its products worldwide in a New York court on 15 May. The publics criticized that Ma and Alibaba are not honest in doing their business.

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