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Amazon Business Plan Summary

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Amazon
Amazon is a huge e-commerce company with many employees working for them. Planning allows the company can have a better view of their competitors, business vertical markets and the economy through planning. Their various plans include: Strategic plan:
Amazon plans to be the best e-commerce that provides the best customer services and a wide variety of products globally. Operating plan:
Amazon plans to open a second headquarter in North America to attract more offers for the company. Jeff Bezos said that to build and operate another headquarter would cost about $5 billion.

Long-term plan:
Jeff Bezos plans results of earning 3 years in advance. Amazon plans to increase the growth of the prime membership using the Black Friday sales …show more content…

Alibaba puts the customer first, followed by employees and then the shareholders. This shows that Alibaba values their employees more than their shareholders as Jack Ma thinks that what Alibaba has achieved today is all due to the employees’ contribution to the company. Jack Ma is also an inspiring leader who make his followers feel belonged by encouraging them to voice out their opinions and involved in decision-making …show more content…

He recognizes teamwork as a very important factor of the company’s value as team members can help each other when facing difficulties. Alibaba believes that their success and rapid growth is built on the spirit of entrepreneurship, innovation, and the focus on the needs of their customers.

Jack Ma Leadership Styles and Behaviors
Jack Ma is a charismatic leader who influences his employees. They were inspired by his leadership behaviour and the way he manage the company. He values passion and attitude and stressed the importance of teamwork over theoretical business skills. He unites people under a single goal and define failure as giving up. He has strong foreight and is always ready to adapt to any change. He is tenacious and have a clear vision . He doesn’t make enemies.
Jack Ma is a visionary leader who uses the chance of turning bad situation into positive outcome. During his trip to USA, he was introduced to the internet. He made a search for beer but there was no Chinese page to view. Due to that, he developed a vision to create one. Despite failures, Jack Ma managed to achieve his vision and it turn out to be a huge success. Therefore, he is a great visionary that seek benefits in a bad

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