Ali Chief Education Officer Ma Yun has been planning for 10 years, and Zhang Yong has taken over as Chairman of the Board of Directors.
Issue Time:2018-09-11
Lei Di Net Lotte reported on September 10

On the day of Teacher's Day on September 10, Ma Yun, the founder of Alibaba Group, issued an open letter entitled “Happy Teacher's Day”, announcing that one year later, on the 20th anniversary of Alibaba, on September 10, 2019, he will no longer serve. The chairman of the group's board of directors will be replaced by the current group CEO Zhang Yong.

This is Ma Yun’s thoughtful and carefully prepared plan for 10 years. Ten years ago, Alibaba established a partnership mechanism to solve the problem of innovation of scale companies, leaders' inheritance issues, future burdens and cultural heritage issues, and the perfect combination of institutions, people and culture to enable the company to develop healthily and sustainably. .

Ma Yun said in the letter: "We believe that only by establishing a system, forming a unique culture, and cultivating and training a successor system of a large number of talents can we solve the problem of enterprise inheritance and development. For this reason, for the past ten years, We have never stopped working hard and practicing."

It is on the basis of the new partner mechanism that Alibaba has formed a unique culture and a successor system that is driven by mission values.

Ma Yun therefore believes that Alibaba has “sufficient confidence and ability” to meet the handover of the chairman of the board of directors. This also marks the completion of Alibaba's corporate system from relying on personal traits to relying on organizational mechanisms and relying on talent culture.

In his letter, Ma Yun said that to continue the great mission of "making the world a difficult business," it will require more Ma Yun and generations of Ali to fight for it. "The new partner mechanism we created, our unique Culture and the talented team of talents will lay a solid institutional foundation for the company's heritage."

Zhang Yong, who will take over as chairman of the board of directors a year later, is called "outstanding business leader" by Ma Yun as a partner in the partnership.

Ma Yun believes that in the more than three years of serving as CEO, Zhang Yong has led Ali to achieve long-term development with outstanding business talent, firm leadership, supercomputer logic and thinking ability, achieving continuous healthy and high speed for 13 consecutive quarters. Growth has proven itself to be the best CEO in China;

More because of his strategic structure and organizational culture, Alibaba's relay torch was handed over to him and his team, which is the most correct decision of Ma Yun and Alibaba's partner group.

This is why Ma Yun chose to send an open letter on Teacher's Day. He wrote with the pride of a teacher: "As a teacher, I see our team, the leadership group, the unique culture driven by mission values, and I am very proud of the emergence of a large number of outstanding business leaders and professionals represented by Zhang Yong!"

Ma Yun is not retired. He is still an employee and partner of Alibaba 000001. As stated in the letter, “continue to contribute and contribute to the organizational mechanism of Alibaba's partners”, there is no doubt that Ma Yun has always been the cohesive of Alibaba's economy and has always been the most loyal guardian of Alibaba's mission, vision and values. And advocates.

Teacher Ma Yun will not retire. He is also a spokesperson for rural teachers, chairman of Alibaba Poverty Alleviation Fund, founder of Ma Yun Public Welfare Fund, and special adviser to young entrepreneurs and small businesses of the United Nations Conference on Trade and Development. He said in his letter: "I think Returning to education, doing what I love will make me very excited and happy." Education, poverty alleviation, environmental protection, and public welfare are all careers that he has long devoted and will be more committed to.

The two sentences at the end of the letter can be regarded as the mood of Ma Yun at this time. To himself, he said, "The world is so big, I am still young." For Alibaba, he said, "Ali never belongs to Ma Yun, but Ma Yun. Will always belong to Ali."

In fact, there has been a change within Alibaba. In that year, Ma Yun handed over the CEO of Alibaba to Lu Zhaoxuan. In 2015, Zhang Yong took over Lu Zhaoyu as CEO of Alibaba Group.

In Ant Financial, Alibaba Group's elder Peng Lei resigned as the CEO of Ant Financial Service. In April this year, he resigned as the chairman of Ant Financial Service and handed it to the ant Jinfu CEO Jing Xiandong.

At that time, Ma Yun said: "This is the most important leadership team change in the history of ants, not only for inheritance, but also for change. After the waves of the Yangtze River push forward waves, the former wave can be walked in leisure, this is the greatest success in the talent team."

An industry insider pointed out that the resignation of Ma Yun as the chairman, just like resigning as CEO five years ago, is just a better development strategy, taking a step back and making more space, trying to create more possibilities for Ali.

Just as the resignation of the CEO five years ago, without changing the fact that he controls Ali, it is impossible to change the reality that Ma Yun dominates Ali. Ma Yun gave up a title, but the team is likely to get a better chance.

Letter with Ma Yun

happy teacher's Day!:)

Dear Alibaba customers, Ali people, Alibaba shareholders:

Today is the 19th anniversary of Alibaba. I am excited to announce to you: with the approval of the board of directors, one year later, today, September 10, 2019, Alibaba's 20th anniversary, I will no longer serve as the chairman of the Alibaba Group Board of Directors, the current Alibaba Group CEO Zhang Yong (Xiaoyao) will take over the position of chairman of the board of directors. From now on, I will fully cooperate with Zhang Yong to prepare for the transition of our organization.

After September 10, 2019, I will continue to serve on the Alibaba Group Board of Directors until the 2020 Alibaba Annual General Meeting.

This is a plan that I have carefully considered and carefully prepared for 10 years. I am able to realize it today. I would like to thank the partners of Alibaba for their approval, the approval of the Alibaba Board of Directors, and all the colleagues of Alibaba and their families. The trust, support and joint efforts of everyone over the past 19 years have given us enough confidence and ability to meet this day. This marks the completion of Alibaba's corporate system from relying on personal traits to relying on organizational mechanisms and relying on talent culture.

In 1999, when we founded Alibaba with everyone, we are determined to establish a company that is proud of China and the world, so that the company can last for 102 years. We know that no one can accompany the company for 102 years. The company's sustainable development depends on the governance system, the cultural system and the continuous stream of talents. The company cannot rely on only a few founders, let alone knowing from the ability, energy and strength. From the perspective of anyone, it is impossible for anyone to work for the company's CEO and chairman forever.

10 years ago, we asked ourselves this question. How can we ensure that Alibaba is still developing healthily after Ma Yun leaves the company? We believe that only by establishing a system to form a unique culture, we will train and train a succession system of a large number of talents. In order to solve the problem of enterprise inheritance and development. For this reason, we have never stopped working hard and practicing for the past ten years.

My education has made me a teacher, and I am very lucky to be able to go today. Responsible for the future of the company and responsible for it, we should let the younger, more capable and talented people in the company take up the leadership work and continue to inherit the great mission of “making the world have no difficult business”. We are excited about the mission and vision of helping small and medium-sized enterprises, young people and women all over the world. This is our initial heart and our blessings and responsibilities. To truly believe and realize this mission requires more Ma Yun, number The Alis are going to fight for it.

What is most remarkable about Alibaba today is not its business, scale and achievements. The most remarkable thing is that we have become a company with a true mission vision drive. The new partner mechanism we created, our unique culture and the talented team of talents, laid a solid institutional foundation for the company's heritage. In fact, since I started my CEO in 2013, we have been running smoothly for five years.

The partnership mechanism we created creatively solves the problem of the scale of the company's innovation, leadership issues, future power issues and cultural heritage issues. In the past few years, we have continuously researched and perfected our system and talent culture system. We cannot solve problems simply by people or institutions. Only when institutions, people and culture are perfectly combined can we make the company healthy and sustainable.

I am convinced that today's Alibaba partner system and the culture defended by Alibaba will increasingly win the support and support of customers, employees and shareholders over time.

Since the founding of 1999, we have proposed that the future Alibaba must have a talent team with a “good will” and an iterative development successor system. After 19 years of hard work, today's Alibaba is world-class in terms of the quality and quantity of its talents. As a teacher, I am proud to see our team, leadership, unique culture driven by mission values, and the emergence of a large number of outstanding business leaders and professionals represented by Zhang Yong!

Zhang Yong has been in Alibaba for 11 years. Since he became the CEO of Alibaba Group, he has demonstrated outstanding business talent and determined leadership. He has achieved healthy and sustained growth in Alibaba's performance for 13 consecutive quarters. He has supercomputer-like logic and thinking ability, firmly believes in the mission vision, has the courage to take responsibility, is fully committed, and dares to stand in the future to innovate and design new business models and formats.

He was named the #20 Best CEO of China in 2018, and this honor is well deserved! He and his team have won the trust and support of customers, employees and shareholders. Alibaba's relay torch was handed over to him and his team. I think this is the most correct decision I should make now. In the past few years, my cooperation with Zhang Yong has made me confident in him and his new generation of Alibaba leadership team!

I have many wonderful dreams about my own future development. Everyone knows that I am a free person. Besides continuing to serve as a partner of Alibaba and contributing to the organization mechanism of the partners, I want to return to education. What I love will make me very excited and happy.

Besides, the world is so big, I am still young, I want to try a lot of things, what if I achieve it?! I can promise everyone that Ali has never belonged to Ma Yun, but Ma Yun will always belong to Ali.

Ma Yun

September 10, 2018

Article source: Lei Di touches the net

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