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Entrepreneur identifies opportunities for business

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    Introduction

    “Entrepreneur identifies of chances, takes hazards and granaries resources with an expressed focal point on the creative activity of new merchandises, services, cognition or thoughts ( Shane 2003 ) ” . This article will present one of greatest enterprisers in China—Ma Yun, the English name is Jack Ma who is the Chairman and Chief Executive Officer ( CEO ) of Alibaba Group at nowadays, he was a “ Forbes ” magazine was founded more than 50 old ages to go the front screen of the first enterprisers in mainland China, every bit good as won the named Global Leader of Tomorrow. In add-on, Jack Ma besides served as manager of Softbank Group, China Yahoo, Chairman of the Board, Asia-Pacific Economic Cooperation ( APEC ) Business Advisory Committee under ( ABAC ) members, Alibaba, Hangzhou Normal University, Business School Dean, manager of Huayi Brothers Media Group ( hypertext transfer protocol: //baike.baidu.com ) .

    Background of Jack Ma and his Alibaba.com

    Jack Ma was born in 15th October in 1964, he hometownisHangzhouZhejiangprovince of China. Hegraduated from Hangzhou Teacher ‘s College in 1988, his major is English. After he was becamean English instructor at the HangzhouElectronicEngineeringCollege. In 1995, he has had an chance that visited the United States for the first clip entree to the Internet, which was made a immense daze to him, after returning place, he established “Chinese Yellow Pages” in Internet. In 1997, he joined the Chinese Ministry of Foreign Trade, the chief responsible for the development of Chinese merchandises on its official site and the on-line trading market ( hypertext transfer protocol: //baike.baidu.com ) .

    In 1999, he earnestly considered that he resign from the authorities offical work. He is one of thefounders of Alibaba.com, to develop e-business applications, peculiarly in Business to Business ( B2B ) . At present, Alibaba.com is a planetary inter-enterprise ( B2B ) e-commerce well-known trade names, is the universe ‘s country of international trade within the largest and most active on-line trading market and the concern community ( hypertext transfer protocol: //tech.sina.com.cn ) .On the one manus, in order to the success of Alibaba, so that Jack Ma was invited several times to talk the universe ‘s prima establishment of higher acquisition, including the University of Pennsylvania Wharton Shool, MIT, Harvard and so on. On the other manus, he was invited to Dawos AnnualMeeting have eight timessince 2002.

    In add-on, good location, solid construction, first-class service to do Alibaba the universe ‘s first web has more than 8 million concern e-commerce web site, over 220 states and parts around the universe every twenty-four hours to concerns and merchandisers to supply 8.1 million commercial supply and demand information become a planetary concern web to advance the preferable site has been concern people as the most popular B2B web site ( hypertext transfer protocol: //tech.sina.com ) .

    Outstanding public presentation by all walks of life to do Alibaba ‘s attending. WTO Director-General of Sutherland as the first Alibaba advisers, the U.S. Department of Commerce, the Nipponese economic system, Trade and Industry, Federation of European SMEs and other authorities and private bureaus to local concerns recommended Alibaba ( hypertext transfer protocol: //tech.sina.com ) .

    Jack Ma founded Alibaba media at place and abroad, and foreign venture capitalists in Silicon Valley hailed with Yahoo, Amazon, eBay, AOL par with the top five concern schools on behalf of one of the Internet. It was established to advance the constitution of China ‘s concern recognition, in the ferocious international competition for little and medium endeavors has created limitless chances, “ Let the universe is non hard to make concern ( Ma 2010 ) . ” Jack Ma set up the personal auction site Taobao, successfully blazed a alone way localisation in China, from the first one-fourth of 2005 started to go Asia ‘s largest personal auction site ( hypertext transfer protocol: //tech.sina.com.cn ) .

    The terminal of 2009, Alibaba Group Chairman of the Board Jack Ma appeared Xinhua News Agency, and immature editors and newsmans to carry on a “ unfastened communicating. ” This allows us to experience near to this immature enterpriser has been hailed as “ open uping Godfather ” appeal. His passion, wisdom, wit, every bit good as signature-style “ insolent ” and the Xinhua News Agency, the exciting immature editors and newsmans asked for the exchange of one flood tide after another, the hand clapping continued, express joying ( Ma 2010 ) .

    How could make such successful E-business as Jack Ma who do non understand scheduling, do non understand finance, people do non understand the design, and how to come to an Internet company today, Jakc Ma joked and said that the company person asked him things, he was 95 per centum did non cognize, he perfectly did non cognize, but he knows who knows who should cognize. He said, CEO ‘s ability that they will utilize person else ‘s caput ( Ma 2010 ) .

    There are two approches to analysishow Jack Mapersonality features make him go a great enterpriser in the high competitory inforamtion age, including OCEAN and PEST.
    OCEAN ( Openness, Conscientiousness, Extraversion, Agreeableness, Neuroticism )

    Harmonizing to Baron and Harrington ‘s the OCEAN diagram shows that the successful enterpriser have the positive facets involves Openness, Extraversion, and Neuroticism. However, the negative aspectswhich are disadvantages to the enterpriser includes conscientiousness and amenity ( Baron 1981 ) .

    First, Jack Ma is an openness and Extraversion, because he is unfastened to new experiences, intellectually funny, and asethetically sensitive to did his business— Alibaba, for illustration, since he foremost clip seen Internet in American, after he back place he already made determination to make concern related with Internet, even though during that clip he did non hold any cognition about Internet.

    Second, through Jack Ma ‘s presentations, magazines, and web logs. It can be clearly that Jack Ma who is a Creative direction, which means that “being more originative yourself or pull offing others so that they can be more originative or guaranting that the system that is being managed operates more creatively ( Henry 2001 ) ”.For illustration, in 1999 when he taking his squad started the E-business, he did non cognize the professional cognition about Internet and computing machine, he merely got thought, but he believe that Internet will go the chief concern method during in the twenty-first century.

    Although Jack Ma believe that himself is an idealistic, self-assured and aspiration individual, he is an openness, extroversion, and neuroticism.Jack Matends to take hazards, challenges premises, and scratchy individual. Namely, when he determined make Alibaba.com, his squad group have 24 people, merely one agreed with his thought, the other 23 people disagreed his purpose.Howeverthese jobs did non halt his planning, he still persisted him manner to did Alibaba.com and gained great successful ( hypertext transfer protocol: //tech.sina.com.cn ) .

    Third, Jack Ma is a convergent thought which is the procedure of change overing all of the general ideas—the ends and non-specific solutions—into the specific solutions that form an application.For illustration, in Alibaba.com people have word right, they can reason with the director, they can creative new manner to make concern, and the com he has the thought how to make the concern, while he did non understood how to make the particular and specilist occupation.

    Last, JackMa, he described himself that he is an dreamer, his romantic idealism of this composite has besides brought into Alibaba, Jack Ma said that Alibaba and other companies in add-on to its appraisal of the difference is outside the employee ‘s public presentation, but besides the staff appraisal mission and values. In the hereafter, but besides add an index: Social public assistance ( hypertext transfer protocol: //yunma.blog.china ) .

    Equally good as Jack Ma ‘s slogan is that “Today is really barbarous, more barbarous tomorrow, the twenty-four hours after tomorrow is really beautiful, but most of the people who died in tomorrow dark, merely those who can see the existent heroes of the twenty-four hours after tomorrow the Sun ( Ma 2010 ) ” . This is reflected that although his head is idealisation, his action is more powerful, realistic and every bit house as a stone. He has strong persist in his Internet dream on the route.

    Alibaba ‘s values which is non merely the company ‘s value, but besides is Jack Ma ‘s and his squad group ‘s value. Such as the company take policies First: focal point on the client ‘s concern, to supply clients with advice and information to assist clients turn. Teamwork: Shared-sharing in order to finish the large or little, Embrace Change: Breaking through the ego, to run into the changing.Integrity: honestness, unity, maintain its promises.Passion: Never give up, optimism up. Dedicated: a professional attitude and the usual province of head to make extraordinary things ( hypertext transfer protocol: //page.china.alibaba.com ) .

    PEST ( Political, Economic and Environment, Social, Technology ) factors
    Harmonizing to Belbin ‘s acknowledges that “the preferable function is linked to concluding ability, personality charateristics, personal values, learned behaviors, and the precedences and procedures of the director ‘s occupation ( Belbin 1993 ) ”.For illustration the

    Alibaba.com catched the best chances to put up E-business on Internet. The

    Value perspect= permission, thoughts and realistic connected together

    Social duty

    Charity, environment

    Political

    Customer, employees, stakeholders

    Second, The enterpriser ‘s organisation

    Team group, trust, trueness, end, adhere to for illustration in 1999, 18 people organiza Alibaba. No money, no

    Last, The external environment: economic job, societal job,

    Creaitve new manner to direction the hereafter, unfastened, portion, responsble, globlization.

    Decision

    Alibaba the following one 10th day of remembrance of the three aims: First, they want to the universe ‘s 10 million little concerns to supply equal platform ; 2nd, to make a million occupations ; Taobao online last twelvemonth, the direct creative activity of employment chances At 1.7 million, 180 million per twelvemonth, an addition of 2.5 million logistics industry, many employees because Taobao ; 3rd, one billion people world-wide consumer platforms.

    The universe is needed is a more unfastened, more sharing, more the duty of the societal demands of a community-oriented endeavors, and from the community and function the society for the hereafter of societal duty of concern is full of duty, the universe needs is a sort of religious, a civilization, a belief, a dream.

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