fbpx
Connect with us

Social Stories

Alibaba CEO Tells Employees KPIs Are Useless and Will Bring Company Down

Published

&Quot;Don'T Work For The Sake Of Kpi Alone,&Quot; Advises Alibaba'S Ceo To His Employees - World Of Buzz
Source: Nikkei Asian Review

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Chief executive officer (CEO) Daniel Zhang Yong was named Jack Ma’s successor of the Alibaba Group Holding after Ma announced his retirement one year in advance.

In light of that, the future chairman shared with his employees some words of wisdom on how to ensure that Alibaba still remains a leading company in a competitive business arena.

Alibabaceodanielzhangtellsemployeesnottoliveforkpisinspeechafterbeingnamedjackmass

Source: the star

According to The Star, Daniel reminded his staff that key performance indicators (KPI) should never be the only reason to perform at work. Do you agree with him?

He was quoted as saying,

“If we live for KPIs, and do something just for the sake of KPIs, then Alibaba is finished.”

Daniel Zhang Aliviews New

Source: alizila

Zhang also added that Alibaba’s dream is to “create value” for the customers whom they provide their services to. Prior to that, he reiterated Jack Ma’s motto for the company, which is “Alibaba puts customers first, employees second and shareholders third”, to their employees.

The CEO also urged his employees to do their best in meeting their own expectations. He asked them not to pay attention to what other people think, and to never give up when facing challenges. 

He encouraged them to fight through the obstacles, especially when trying new business models and innovative projects. Good advice! 

Dvki F1Vwaa7Euz

Source: twitter

Daniel then continued,

“Many of our businesses have been the same for over 10 years, and if we keep doing things the same way today, or five years later, then Alibaba won’t have a future.”

He shared that his greatest fear was Alibaba turning into a “robot on loop”. Yikes! 

Finally, Daniel reminded his employees to always remain calm and relaxed when facing Alibaba’s competitors in “China’s internet landscape”. He also admitted that mistakes aren’t uncommon in Alibaba and yet they are still sometimes duplicated by their competitors.

Source: abc

“When we face our competition, we need to maintain a happy attitude. Sometimes you need to be relaxed when you are faced with a fierce battle.”

“No battle has ever been won by merely copying others,” said Daniel at Alibaba’s internal meeting for its organisation department.

If you aren’t aware, Daniel has always been seen as a steady and reliable leader. On the other hand, Ma was seen as more of a visionary and charismatic orator.

Well, those are some wise words from Daniel. Perhaps, we can incorporate these pearls of wisdom into our daily lives and at work too.

What do you think of Daniel’s words of wisdom? Let us know in the comments below!  

 

Also read: Jack Ma Wants His Life Back, Announces Retirement One Year in Advance

Jack Ma Will Retire A Year From Now Because He Wants His Life Back - World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 89 Collage 89
News8 hours ago

Johor Government May Implement a 4.5-Day Workweek in the Near Future

A 4-day workweek sounds ideal, but a 4-and-a-half day workweek doesn’t sound bad either. Johoreans may be in luck next...

My Post 1 2024 11 21T160023.537 My Post 1 2024 11 21T160023.537
News9 hours ago

“UPSR get D, SPM can get A” – PMX Responds to BERSIH Giving Him a Grade D in ‘Report Card’

Prime Minister Datuk Seri Anwar Ibrahim has opened up about BERSIH’s ‘report card‘ on his administration’s performance in conjunction with...

My Post 1 2024 11 21T114442.032 1 My Post 1 2024 11 21T114442.032 1
News13 hours ago

PDRM is Offering 60% Off Selected Traffic Summons at Govt’s 2nd Anniversary Event This Weekend!

In conjunction with the MADANI government’s 2nd anniversary on 24 November (Sunday), the Ministry of Home Affairs of Malaysia (KDN)...

Collage 17 1 Collage 17 1
News1 day ago

MCPF Calls for Vape Ban, Warns Addiction to Substances Can Lead to Unhealthy Behaviours Like Theft

The Malaysian Crime Prevention Foundation (MCPF) is urging for the sale of e-cigarettes or vape devices to be banned or...

Feat Image Lesen Feat Image Lesen
News1 day ago

Anthony Loke: Road Users in M’sia May Have to Pay for Physical Driving License Cards Starting Next Year

Transport Minister Anthony Loke Siew Fook today iterated that the Government will continue with the implementation of digital driving licenses...

Collage 15 2 Collage 15 2
News1 day ago

Filipino Couple Caught Living & Working Illegally in Malaysia Using Fake MyKads That Cost RM250 Each

A Filipino husband and wife were arrested during a raid on November 19 at a house in Pandan Indah yesterday...

Feat Image Apple Ind Feat Image Apple Ind
News1 day ago

Apple Offers to Increase Investment in Indonesia Tenfold to RM446 Million to Lift Country’s iPhone 16 Series Ban

Previously, we shared how the Apple iPhone 16 Series is banned from being sold in Indonesia until the tech giant...

My Post 1 2024 11 20T144359.263 My Post 1 2024 11 20T144359.263
News1 day ago

BERSIH Names Ismail Sabri the Best PM Since 2009, Calls Out PMX for Lack of Urgency with Reforms

In conjunction with the upcoming 2nd anniversary (24 November) of Anwar Ibrahim’s administration, The Coalition for Clean and Fair Elections,...

Announcement

Latest Videos



TRENDING TODAY