Jack Ma (馬雲)

A mindmap about one of China's richest and most successful businessmen, Jack Ma.

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Jack Ma (馬雲) by Mind Map: Jack Ma (馬雲)

1. Skills

1.1. Strong business acumen

1.2. Versatility

1.3. Negotiation Skills

1.4. Performance skills

1.5. Creative thinking skills

1.6. Foresight

1.7. Good speaking skills

1.8. Good communication skills

1.9. Eloquence

1.10. Teaching Skills

1.11. Emotional intellignece

1.12. Social intelligence

1.13. Good judge of character

1.14. Critical thinking skills

1.15. Attentive listening skills

1.16. Persuasion

2. Accomplishments

2.1. He built a company from the ground up that has an overall valuation of $585 billion dollars today

2.2. He was awarded the Malcolm S. Forbes Lifetime Achievement Award for his work supporting underprivileged communities in China, Africa, Australia, and the Middle East.

2.3. The Alibaba Team has grown from 18 founding members to over 250,000 employees

2.4. In 2019, Forbes listed Ma in its list of "Asia's 2019 Heroes of Philanthropy"

2.5. He was the first major world business leader to predict the economic downturn in a memo to staff in July 2008, which was subsequently made public.

2.6. He has built a reputation for having world-class vision in terms of how Alibaba Group businesses are operated, including an adherence to a vision, values and mission-based culture.

2.7. He along with Alibaba.com’s management team took decisive actions to steer his company through a crash in China exports such as reducing prices for export supplier customers.

2.8. In 2005, Ma was named one of the “25 Most Powerful Business People in Asia” by Fortune.

3. Personal Qualities

3.1. Humble and modest

3.2. Extroverted

3.3. Generous

3.4. Charismatic

3.5. Quirky

3.6. Passionate

3.7. Diligent and hardworking

3.8. Open-minded

3.9. Flexible

3.10. Optimistic and forward-thinking

3.11. Extraordinarily frank

3.12. Philanthropist

3.13. Patient

3.14. Empathetic and alturistic

3.15. Tenacious

3.16. Moral and ethical

4. Values and Beliefs

4.1. Believes in friendly competition and not making enemies

4.2. Defines giving up as failure and believes in the success of perseverance

4.3. Believes in a healthy corporate work environment where the way a company is run is based on an ecosystem

4.4. Believes in the benefits of failure and mistakes

4.5. Believes in prioritising customers first, employees second and shareholders last

4.6. Believes in the benefits of group diversity and looks for diversity strengths in employment

4.7. He isn't in business because of money but rather the pursuit of happiness

4.8. Ma's position on morality is absolute: “I would rather shut down my company than pay a bribe.”

4.9. Dislikes empire thinking and favours an ecosystem in which his followers become leaders like him and/or exchange ideas that greatly benefit the company

4.10. Believes in driving innovation across education systems and transform future generations into independent thinkers and leaders

5. Leadership Style & Philosophy

5.1. Transformative

5.1.1. Individualized consideration - Ma tends to the needs of all his employees and is big on personal growth. He acts as an advisor to the majority of his employees, encouraging them to reach goals for the company but also beyond it.

5.1.2. Idealized influence - Ma acts as an ethical role model for his employees, challenging his workers to work at a higher standard and the normal views of a group.

5.1.3. Intellectual stimulation - At board meetings and otherwise, Ma encourages new ideas and motivates employees by making bold aspirations, avoiding an authoritarian way of thinking and empire-based corporate governance structure.

5.1.4. Inspirational Motivation - Ma encourages team spirit through his quirky personality to motivate his employees to the accomplish the goals of his company.

5.2. Notable Quotes

5.2.1. “Empire thinking means join me, or I'll kill you. And I don't like that model. I believe that everybody should be connected to each other, help each other. It's an ecosystem.”

5.2.2. "In the 21st century, no matter whoever you are or whatever your organization is, you should not pursue size and power. You should be good. Kindness is the strongest power."