• Home
  • Global News
  • Jack Ma On Management: Why A "Fool" Needs To Lead Smart People
Jack Ma On Management: Why A "Fool" Needs To Lead Smart People
Global  
NDTV

Since founding the company in 1999 with 17 other people in Hangzhou, China, Jack Ma has become the distinctive face of the company -- and through its success, the country's technology industry.
 

 

Jack Ma, co-founder of Alibaba Group Holding Ltd., announced on Monday his plans for stepping down from the e-commerce giant and handing over responsibilities to senior management. Since founding the company in 1999 with 17 other people in Hangzhou, China, Ma has become the distinctive face of the company -- and through its success, the country's technology industry.
 
He's dispensed Yoda-like wisdom over the years that have made him a role model in China and the subject of dozens of books. Here is a sampling:
 
On His Leadership Approach
 
"Intelligent people need a fool to lead them. When the team's all a bunch of scientists, it is best to have a peasant lead the way. His way of thinking is different. It's easier to win if you have people seeing things from different perspectives."
 
On The Importance Of Women In Top Management
 
"Women understand the thing that makes them better than men, the greatest weapon that God gives them, is gentleness. They understand tolerance."
 
On The Importance Of Perseverance
 
"Today is hard, tomorrow is harder, but the day after tomorrow is beautiful."
 
On Determination
 
"If you don't give up, you still have a chance. Giving up is the greatest failure."
 
 

 

On Fighting eBay's Efforts To Enter China
 
"eBay may be a shark in the ocean, but I am a crocodile in the Yangtze River. If we fight in the ocean, we lose - but if we fight in the river, we win."
 
On Priorities For Management
 
"Customer first, employees second, shareholders third."
 
On The Distraction Of Rivals
 
"Do not focus on your competitors, focus on your customers."
 
On The Role Of Technology
 
"I believe it's not the technology that changes the world. It's the dreams behind the technology that change the world."
 
On Hiring The Right People
 
"We're never in lack of money. We lack people with dreams who can die for those dreams."
 
On Perspective For Young Workers
 
"If young people have awe for the future, act conscientiously towards the present and be thankful for the past, they will have opportunities."
 
On China's Internet Controls And Western Companies Involvement
 
"Facebook and these companies, if they come here they have to follow the rules and laws. Google, they left - we did not kick them out. When you do business in any country you have to follow the rules and laws."
 
On Philanthropic Strategy
 
"To do philanthropy well, you need to use commercial means, while bearing a philanthropic heart; don't use philanthropic means and bear a commercial heart."
 

 
 


 
 


 
More in Global
Nepal schools make Mandarin compulsory after China offers to pay teach...

KATHMANDU: A Chinese government's proposal of covering salaries of teachers in Nepal who teach Mandarin have prompted many private schools in...

Recently posted . 4 views

9 Questions About Scotch People Secretly Google All the Time

We've all been told there are no dumb questions. Yet there are some things many Whisky drinkers don't know, but would never dare to ask out loud. These ar...

Recently posted . 5 views

why you should never drink whisky on the rocks

The Thirsty Explorer heads to the Scottish island of Islay where he learns the important differences between malt and whisky – and how to order it in a bar.

Recently posted . 7 views

How to Buy Scotch – Whisky 103

In this installment of our whisky guide, we’re going to focus on how to buy whisky at the store and online. In past guides, we’ve covered Scotch for B...

Recently posted . 5 views

633 Divers Set World Record For Largest Ocean Cleanup Ever

On Saturday, a team of 633 divers entered the waters near the Deerfield Beach International Fishing Pier, in Florida, to clean up trash and debris from the ocean fl...

Recently posted . 1 views

The Truth About Big Box Whiskies

Shieldaig 18 year old will delight fans of Speyside scotch with its flower bouquet, candied fruit, nuts, and sweet oak flavors. Just as impressive is its bargain pr...

Recently posted . 4 views

 
 
 

Prashnavali

Thought of the day

“If you are depressed you are living in the past. If you are anxious you are living in the future. If you are at peace you are living in the present.”
Lao Tzu