Jack took the Gaokao. In China it is seen as the most challenging exam in which high school students appear for a merit based exam for higher education. Jack badly failed in the exam. scoring 1/120 in math. In the early phase of his career Jack listed different positions on several versions of business cards (p. 70-71). I personally find this a very unethical act.
Jack says: " Today is brutal, tomorrow is more brutal, but the day after tomorrow is beautiful" (p. 120). Clark explains Jack's marketing techniques, his personality and how he keeps his staff involved at various levels. To keep up the morale, the staff were involved in playing video games, coding, exercises and handstands. Jack says that 'if you use money to solve problems, why on earth would the world need businessmen anymore" (p. 176). Jack says that he has three principles of doing things: first, 100 percent legal; second, 100 percent transparent; third, build the company sustainably and healthily.
Writing about business in China, the author argues that 'for Alibaba, and any other private company, the Chinese government itself is a multiheaded hydra of agencies, often competing with one another for influence, licensing fees; or other forms of rent to justify their existence, often lacking sufficient central government support to finance their operations (p. 238). During a IPO show Alibaba focused on three central growth drivers for the future which includes 'cloud computing/Big Data; expansion into rural markets; and globalization/cross-border trade (p. 250).
When in the United States of America, Jack was often asked 'When are you coming to invade America?' Why do they perceive him as an invader? A question- what does free market preach?
0 comments:
Post a Comment