Why is it important for Alibaba s partners to be highly sympathetic to Alibaba s philosophy?

Alibaba's well-known management philosophy is the wisdom of the East and the operation of the West. Ma Yun believes that Orientals have a deep accumulation of wisdom, but they lack the ability to operate in business.

It can also be so cost-effective, because joining Alibaba must agree with Alibaba's concept, so that Alibaba can develop better.

Because that's the only way they go. Believe in Alibaba and regard Alibaba as your real home.

This is a key requirement for Alibaba's partners, and it is the essence of the company's existence.

After all, obedience is the right way, isn't it, there is a system in **.

Because only in this way can the company go long-term, don't you think?

If a person does not agree with the company's philosophy, how can it take the company further.

As a partner in a group or a business, you don't agree with other people's ideas, so why do you work in it?

There are three realms of enterprise management: employees do it for the boss, employees do it for themselves, and employees and the boss work together. The partnership system is the latter two realms, which fundamentally changes the efficiency of human resource utilization.

Due to the change of roles, the one-way command management between superiors and subordinates is gradually eliminated, and the management cost is reduced, in this case, employees are more willing to pay, because such pay is directly related to their own benefits.

Feng Lun said: "Choose a partner like a woman treats lifelong events." He thinks that when choosing a partner, it's the same as finding a partner, and the three views are the same, so that the two of you can share the joys and sorrows and keep going.

There is also an advantage to the consistency of the three views, even when you are separated, you can still be friends. Therefore, the most important point in choosing a partner is to match everyone's values and judge and choose the concept of right and wrong.

1. Qualification requirements for partners

1. The partner must have served Ali for at least 5 years;

2. The partner must hold the company's shares, and the sale is restricted;

3. The incumbent partner shall nominate and recommend to the partner committee, and the partner committee shall review and approve his participation in the election;

4. On the basis of one person, one vote, more than 75% of the partners vote to agree to their participation, and the election and removal of partners do not need to be deliberated or approved by the general meeting of shareholders.

In addition, becoming a partner must meet two criteria for flexibility: a positive contribution to the development of the company; Highly identify with the company's culture and be willing to do its best for the company's mission, vision, and values.

2. The right to nominate and appoint partners

1. Partners have the right to nominate directors;

2. The directors nominated by the partners account for more than half of the board of directors, and if less than half of the directors are nominated or appointed by the partners in the board of directors for any reason, the partners have the right to appoint additional directors to ensure the control of the directors at least half of the board of directors;

3. If the shareholders do not agree to elect the directors nominated by the partners, the partners may appoint new interim directors until the next annual general meeting of shareholders;

4. In the event of the resignation of the Board of Directors for any reason, the Partner shall have the right to appoint interim directors to fill the vacancy until the next Annual General Meeting.

It should be noted that the bonus distribution of Alibaba partners is a pre-tax expense, which is different from the fact that shareholders' dividend rights are withdrawn from after-tax profits, while partner bonus distribution is treated as management expenses, so on the one hand, partners' dividends belong to the category of performance bonuses, which can reduce the company's income tax expenses; On the other hand, it does not need to be discussed at the general meeting of shareholders, and the decision can be implemented directly by the board of directors, which improves the efficiency of decision-making.

This is subject to relevant requirements, and it can only be selected for the development of Alibaba Group.

I think Alibaba's partners should have a lot of wisdom, and they are very knowledgeable, and they have a certain control over the market.

If you want to become a partner of Alibaba, then your social status and economic ability must be very strong.

You must have certain qualifications and experience, and you must be innovative, highly educated and courageous.

With a high degree of education and innovative ability, young people will certainly not be the general public.

The first is to be younger, and then to have academic qualifications and social status, not everyone can do it.

First of all, you have to be excellent, and secondly, you have to agree with Alibaba's business philosophy.

Alibaba's partners hold a lot of power, and the conditions for joining are extremely harsh!

It's a joint venture for him, this should be the most effective possibility, don't you think?

In Jack Ma's view, a partner is defined as: "a partner, as the operator of the company, the builder of the business, the inheritor of culture, and at the same time a shareholder." He believes they are most likely to uphold the company's mission and long-term interests to create long-term value for customers, employees and shareholders.

In addition, Alibaba also introduced the prerequisites for the selection of partners: "have worked in Alibaba for more than five years, have excellent leadership skills, highly identify with the company's culture, and have made positive contributions to the company's development, and are willing to do their best to inherit the company's culture and mission."

To put it bluntly, even if I polish the **, I still have the decision-making power of corporate affairs!

Alibaba's senior partnership system is actually a special clause set in the company's articles of association to nominate directors: that is, a group of people are called"Partner"to nominate a majority of the directors on the board of directors, rather than allocating the right to nominate directors in proportion to their shares held (under the law of partnerships).It should be noted that Ali called"Partner"The powers and responsibilities are limited, and they cannot directly appoint directors; The nominated directors are still subject to a vote of the shareholders' meeting before they can be appointed.

Currently, Jack Ma owns about 7% of Alibaba, and SoftBank and Yahoo (24% each). Previously, many analysts believed that the purpose of Alibaba Group's partnership system was to better control the company. However, Alibaba Group stressed that the starting point of the above system is not purely based on commercial considerations, but from the company's need to reform and upgrade its own system.

Alibaba's abandonment of listing in Hong Kong?

Initially, Alibaba did not give preference to U.S. stocks that accept dual-class share structures, but Hong Kong is the listing venue, but according to practice, the Hong Kong Securities and Futures Commission usually rejects listing requests for companies with dual-class share structures. As for whether the listing venue will be finalized in Hong Kong, Alibaba's statement is also quite interesting. On October 10, Alibaba Group CEO Lu Zhaoxi publicly stated"Decided not to choose to list in Hong Kong".

But on October 14, Tsai Chongxin, vice chairman of Alibaba, changed his tone, saying"If there is an exchange that reverses, we will definitely consider it".

The two U.S. exchanges support the partnership mechanism.

After negotiations with the Hong Kong Stock Exchange broke down, Alibaba's listing finally made substantial progress. On October 20, Alibaba's partnership mechanism was confirmed in writing by the New York Stock Exchange and NASDAQ that Alibaba's partnership system, including its right to nominate the board of directors, is fully compliant with the listing requirements. Alibaba's IPO in the United States is one step closer.

However, all kinds of signs show that it is still unknown whether Alibaba will be listed in the first place. According to the share repurchase agreement signed between Alibaba and Yahoo, Alibaba must conduct an IPO before December 31, 2015, before it has the right to buy back half of the remaining shares held by Yahoo at the time of listing. The agreement also said that Alibaba would be listed on the Hong Kong Stock Exchange or the US Stock Exchange or, in certain cases, in Chinese mainland.

Alibaba Group Spokesperson:"The partnership mechanism enables Alibaba's partners, the core managers of the company's business, to have greater strategic decision-making power, reduce the impact of short-term fluctuations in the capital market, and ensure the long-term interests of customers, the company and all shareholders. Regardless of whether we choose to be listed in the first market, the understanding and acceptance of this mechanism innovation is our basic requirement. "

Partners refer to organizations and individuals who invest in the formation of a partnership and participate in the partnership, and are the main body of the partnership. The first thing you have in a partnership is the partners. A partner is a relatively common concept in jurisprudence, usually referring to a natural or legal person who invests in a partnership with his assets, participates in the partnership, enjoys rights and obligations according to the agreement, and bears unlimited (or limited) liability for the debts of the enterprise.

Partners should have the capacity for civil rights and conduct. First, a person who cooperates with others to run a business, a business, or participates in the same activity, a person who works together; Second, a person who engages in any activity with others. One or more of two or more persons who are in partnership for the purpose of making a business for profit; third, a person who is considered to be similar to such a partner who shares common rights and obligations with others (e.g., in an enterprise); fourth, it is united by a partnership; fifth, a person who cooperates with another person or assists him in his mission or serves him; The sixth accomplice, the one who unites with another person as a sharer.

Alibaba, you can block my posts, but the facts are the facts, and you don't even let people tell the facts, is it because you are afraid?

I have nothing to say about your absurd decision to list potassium dihydrogen phosphate as a toxic and dangerous controlled item, but please don't tarnish the word justice, you take a bite of justice and fairness, so why is our potassium dihydrogen phosphate a prohibited product, but someone else's is not?

In the past few days, your supervisor has repeatedly emphasized and emphasized that Ali is absolutely impartial and will never allow other companies to release product information on potassium dihydrogen phosphate, but why can someone still send product information about potassium dihydrogen phosphate?

Since you're already taking this matter seriously, why is your audit department turning a blind eye? Is there a behind-the-scenes deal between you? If so, please don't tarnish the word justice, justice and fairness are judged by everyone, not that you say that you are just.

Is the current integrity still integrity? If you are not honest yourself, how can you let others be honest?

In 2009, Alibaba pioneered the partnership system. Because the company was founded in Lakeside Garden, the system is also known as the "Lakeside Garden Partner System". The original intention of the establishment is to change the simple employment model between shareholders and the management team in the past, and break the hierarchy of the traditional management model.

In the words of Joe Tsai, former executive vice chairman of Alibaba Group, "the mechanism we ended up setting was to replace the founders with partners." In the vernacular, the company belongs to everyone, not the founder alone.

That is, this year, Ma Yun announced his retirement, why did Ma Yun dare to choose to retire at this point in time? To put it bluntly, isn't it because Alibaba's partnership system has worked?

Alibaba's status as a partner is not the same as that of a shareholder, although Ali requires partners to hold a certain number of shares in the companyHowever, a partner must retire at the age of 60 or leave Alibaba at the same time as the partner (except for the permanent partner), which is not the same as holding shares in the company to remain a shareholder.

The core of the partnership system has nothing to do with the size of the shares, once the partners vote, you may have to give up your position in the company, that is, one person, one vote, voting system.

Alibaba decided to be a real partner at that time, and to put it bluntly, the biggest sacrifice was the founder Ma Yun, and he also became a vote.

Incidentally, in Alibaba, only Jack Ma and Joe Tsai are permanent partners, so I say that in the end, the company is Jack Ma who has absolute rights.

I believe everyone understands that Jack Ma wants Alibaba to become a 102-year-old enterprise, so to accomplish this mission, it is obvious that the outdated family business cannot afford it. To accomplish this dream, we can only let outstanding talents come to Alibaba, but we can't make these people feel like they are here to work.

Alibaba's partnership system formally attributes the control of the company to a core executive team of about 30 people - the partner meeting, which realizes a certain degree of collective leadership, which is conducive to the company's internal incentives and initiatives, and has certain positive significance compared with the two-tier equity structure that concentrates the company's voting rights in the hands of a few founding shareholders.

Some people may have the great advancement of the Alibaba-style partnership system, which also represents the direction of the development of enterprise management in the new era. But it requires all partners to fully agree on core values and each to have a high level of human capital.

The benefits of rejuvenation are very great, such people have more energy, and their brains are very useful.

It can bring new young blood to the enterprise, and the enterprise can get better development.

If Alibaba's partners are younger, the innovation and vitality of young people will be better, and there will be new vitality for a company.

First of all, young people are energetic and energetic, and secondly, they dare to innovate and dare to fight.

The advantage of rejuvenation is that it is more innovative, and it can inject fresh blood and new ideas.

Not to mention the energy of young people, mental and physical work are better. It's also going to be much more efficient to get the job done.