ma huateng leadership style

This chapter is distributed under the terms of the Creative Commons Attribution 3.0 License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. He can regularly be found sharing table on the factory floor with some of the designers, fabric experts and buyers [80]. Taking into consideration the profile that could be expected in the context of startups and an innovation-led context [1, 2, 3], best framework candidates for further evaluation would be (1) transformational leadership, (2) charismatic leadership, (3) entrepreneurial leadership, and (4) visionary leadership. [31] In order to solve the problem, Ma asked for bank loans and even talked about selling the company. Exxon Mobil, Berkshire Hathaway, Wells Fargo, and Johnson and Johnson [29]. He is the founder, chairman. 4. During the 2014 Chinese Lunar New Year celebrations, Tencent built on the ancient custom of giving red envelopes lled with money to boost trac on WeChats mobile payments platform. 3. He didnt have grand ambitions to build a great enterprise. Net Worth $67.5 billion (As of March 01, 2021) Ma Huateng's Assets: Tencent Holdings. We are a community of more than 103,000 authors and editors from 3,291 institutions spanning 160 countries, including Nobel Prize winners and some of the worlds most-cited researchers. But imitation, when executed well, is a valid form of innovation. Ma Huateng seldom appears in the media and is known for his secretive lifestyle. And how do we power our organization to really focus on that and really drive it at a high rate? [59]. 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The other American companies ranked in-between in the original list were not disruptively successful ones e.g. Spain. No product starts perfect. Plenty of seemingly bulletproof businesses Dell, HP, Kodak, Blockbuster have lost their edge by failing to adapt. Leadership Styles during Disruption: A Multi-Case Study Written By Alberto Abadia Submitted: July 8th, 2022 Reviewed: September 13th, 2022 Published: October 28th, 2022 DOI: 10.5772/intechopen.108029 IntechOpen Leadership - Advancing Great Leadership Practices and Good Leaders Edited by Joseph Crawford From the Edited Volume The Startup Ecosystem of Shenzhen is ranked at number 18 globally, and shows a positive momentum increasing 3 spots since 2021. They called the new search engine Googlea name derived from a misspelling of the word googol [48]. Tencent subsequently gained the backing of two overseas venture-capital firms, and in June 2004 the firm raised nearly $200 million when it went public on the Hong Kong stock exchange. On this Wikipedia the language links are at the top of the page across from the article title. Yizhou Chen originated from government, therefore he took care of HR, legal, administration and government relations, Ma explained. [3][4][5] The company develops China's biggest mobile instant messaging service, WeChat, and its subsidiaries provide media, entertainment, payment systems, smartphones, internet-related services, value-added services and online advertising services, both in China and globally. As Steve Jobs, Mas idol, once quipped, If you dont cannibalise yourself, someone else will. Then, other manufacturers of IBM-compatible PCs also turned to Microsoft in search of its products. We lack people with dreams, who can die for those dreams; For most people, they see and believe. This type of leadership is best used when there is a big change in the company or a clear direction is needed. The trip meant to represent the culture of the . Legend of Yulong and Legend of Xuanyuan, two online games, increased sales by more than half, to US$5.1 billion, with a profit margin of US$1.5 billion. By 1889, he had full ownership or participation in many electricity-related companies that got then merged. It launched with a star-studded push, featuring among others footballing superstar Lionel Messi, but marketing doesnt work when the cost of switching is high. Unlike Western app constellations, Tencent combines as many features into one app as possible. The company's first product came after Ma participated in a presentation for ICQ, the world's first Internet instant messaging service, founded in 1996 by an Israeli company. As of 2015[update], WeChat (, Weixin), is the largest instant messaging platform in the world, used by 48 percent of Internet users in the Asia-Pacific region. China, Industria de Diseo Textil, S.A. (Inditex, owner of Zara and other clothing retailing chains); Amancio Ortega. Our editors will review what youve submitted and determine whether to revise the article. Mas tolerance of failure is strategic. WeChat, a mobile instant-messaging application that was introduced in 201, soon gathered 650 million users [94]. Corrections? In a way, it almost doesnt matter what youre passionate about [75]. Rudy Ma, the founder of financial services company Yuanta Financial Holdings, died Tuesday evening at age 82. Some quotes from Ma that also proves his talent as an inspirator and team builder are as follows: A good boss is better than a good company; If we are a good team and know what we want to do, one of us can defeat ten of them; We never lack money. Jack Ma. Visionary leadership is comparable to Lewin's authoritative leadership style. At that time, Edison moved to New York City, where he initially partnered with Frank L. Pope, an electrical expert, and produced the Edison Universal Stock Printer [62]. He wanted, simply, to create excellent products and have the co-founders see a return on their investment: I focused on product and Tony Zhang focused on technology. [5], Being one of "Fortune world's greatest leaders",[11] Ma is known for his low profile personality as compared to fellow Chinese businessman and Alibaba founder Jack Ma's outgoing personality. My job is to create a space for them, to clear out the rest of the organization and keep it at bay [46]. Six years later, in 2005, Alibaba attracted the attention of Yahoo!, which bought a 40 percent stake. If you havent registered yet, please register and log in. 3% of Tencent management is Hispanic or Latino. Then, in 1975, Ortega started the first Zaras ready-to-wear clothing store. Feature comparison between studied firms and founders. Shares of Ma Huateng's internet gaming giant rose 14% so far this year to the highest in two years, thanks to strong demand for its mobile games during coronavirus lockdowns. The participative leadership style is highly effective in achieving the business goals and vision of the organization. Some of the most relevant ones were the phonograph, the incandescent electric light and power, the motion picture camera, and the alkaline storage battery [53]. Established Western platforms such as Facebook are embedded in peoples crystal-screen portable friends. By late 2015 QQ had approximately 850 million monthly active users, and WeChata mobile instant-messaging app that was first introduced in 2011had some 650 million users. He is the son of Ma Chenshu and Huang Huiqing. 2023 Forbes Media LLC. Innovation has nothing to do with how many R&D dollars you have. Xiaomis founder and CEO Lei Jun admitted that WeChat eclipsed his product because Tencent could release one or two versions every week. The key leadership style of Ma Huateng is transformational, as he has been able to inspire his employees to achieve great things Autocratic leaders make all the decisions without consulting their followers. *Address all correspondence to: alberto.aba@gmail.com. Inditex ranked 67 in the global top 100 as per market capitalization [29]. He was born in the Chaoyang District of Shantou, China, on October 29, 1971. Ma Huateng adalah pengusaha yang merintis kariernya dari nol. He is the founder, chairman, and CEO of Tencent, which is China's most valuable company. As of January 2021, Ma is worth $46.8 billion which places him . Tencent's popular social messaging app WeChat has more than 1 billion users. In the case of the selected framework, the results are the ones that tell if this choice was right. Pony Ma took his gaokao (national university entrance exams) from July 7-9, 1989 and his score was 739 (out of a possible 900). Eventually, there is no assumption on what the results would have been or would be if some other of these frameworks would have been tested in the study. Among other achievements, Mark Zuckerberg reached the top five in the list of wealthiest people on earth [33]. Pony Ma's leadership style can be as unusual as his nickname. Tencents attention to speed has long had its rivals green. Tencent is among the largest video game, social media, venture capital, and investment corporations in the world [93]. Under Ma s leadership, Tencent has moved into web portals, social networks, multi-player online games and e-commerce, making the company today an Internet powerhouse and China s number one brand. Innovation Visionaries may be the only ones that can actually provide some accurate guesses, and, at the same time, put together, motivate, and guide a team in the right direction. Reshma began her career as an attorney and activist, and founded Girls Who Code (GWC) after witnessing first-hand the gender gap in the field of Computer Science while running for US Congress (fun fact: Reshma was the first South Asian woman to run . Ma has been compared to American investor Warren Buffett for their similar investment approaches, and often described as an "aggressive acquisitor". Gates is as introverted, similar to Larry Page [45, 55] and, definitively, he is not as charismatic as Steve Jobs [39, 45, 71, 72], but, still, he has been equally visionary. Ma's leadership style changed from transactional leadership to transformational leadership. Creating back doors was a ring oence. If youve already registered, please log in. Tencent. Not in China. Tencent is also the world's largest gaming company, and amongst the world's largest technology investors, social media networks, and web/mobile app makers. The companys influence on the Chinese market was immense. By 2015, QQ had 850 million monthly users [94]. [33], Since Tencent's prized service OICQ was offered free of charge, the company looked to venture capitalists to finance its growing operational costs. Googles innovation model is based on a hubGoogleplexthat attracts talent; this is the same model than Edisons [50, 52, 53]. Youve got no business in the workplace if you are just there to be there. Ma studied computer science at Shenzhen University, where he earned (1993) a Bachelor of Science degree. On his role as a supporter of organized learning and growth inside the organization: My job as a leader is to make sure everybody in the company has great opportunities, and that they feel theyre having a meaningful impact and are contributing to the good of society. Charismatic leaders emerge in times of instability, change, or crises, but many critics argue that charismatic leaders tend to forget the groups benefit and try to gain most of the attention for themselves. In regard of the reasons why this type of profile is required in the studied context, one may be the fact that, in the case of disruptive innovation, nobody, even clients, may be able to forecast or imagine items such as the final functions and aspect of the products, the expected demand, and other features. Ma Chenshu, his father, acquired a position as a port manager in Shenzhen, and the young Ma went with him. That gave Toyota an edge in terms of productivity and quality [86, 87]. But theyre allergic to rules. Ma Huateng's fortune is derived from his 9.7 percent ownership of Tencent Holdings. 1. For instance, the number was three in the case of the study Internationalization of small- and medium-sized enterprises: a multi case study [30], four, in the case of the study Competitive product-service systems: lessons from a multi-case study [31], and 10 in the case of the study Knowledge management critical failure factors: a multi-case study [32]. Reclusive, secretive, and reserved are words frequently used to describe him. Yang Huiyans riches evaporate as her Country Gardens stock plunges 84% amid real estate squeeze. The couple has a daughter named Ma Manlin. He then worked as a researcher for China Motion Telecom Development Ltd. before founding Tencent in 1998. Inditex devised a new model of supply chain, the Agile Supply Chain (ASC), that allows its fashion retailer chains to update products just in time [77, 78]. Amancio Ortega has guarded his privacy so jealously that his company only released a photograph of him when the firm was first listed [82]. On being a pioneer: Lots of companies dont succeed over time. In China, you can have hundreds of competitors within the first hours of going live. The software soon gained traction, with more than a million registered users by the end of 1999, making it one of Chinas most popular online services. Facebooks initial success was therefore based on one single but relevant disruptive innovation: social media [71, 74]. In essence, Googles business model has been labeled as continuous disruptive innovation [51] or continuous innovation [50]. Alibabas business model bets a revolutionary innovation: Mas belief that the small-business-to-small-business online market offered much greater opportunity than the consumer-to-consumer one, the reason being that, unlike consumers, small businesses are willing to pay a membership fee [91]. Shenzhen is an ideal place to locate for Hardware & IoT, Ecommerce & Retail and Marketing & Sales startups. Contact our London head office or media team here. It is clear that Ma regularly uses a mix of Goleman's four important leadership style to create a positive climate within the Alibaba group. The launch of WeChat is a case in point. And how do we create it? [24][25], Ma was born in Chaoyang, Shantou, Guangdong. Visionary leaders are those who inspire extraordinary levels of achievement in followers through an inspiring vision and through other behaviors [2]. While its Western peers face further scrutiny on privacy, Tencent is less restricted. Also called the "authoritarian style of leadership," this type of leader is someone who's focused primarily on results and team efficiency. The battleground is vibrant. Ma led his company's leadership committee on a two-day hike through the Gobi Desert for their off-site retreat last year, according to Bloomberg. [27] He received a Bachelor of Science in computer and applied engineering from Shenzhen University in 1993. Multiple theorical and practical studies indicate that the longitudinal multi-case approach is the best one in terms of properly investigating the results of qualitative inputs [23, 24, 25, 26, 27, 28]. Two months later, one team presented WeChat, a text messaging and group chat software that was released in January 2011. In 2006 Ma announced a ve-year business plan: to reach annual revenues of 10 billion renminbi (1.14 billion). Autocratic leadership style. She's been named one of Fortune's World's Greatest Leaders, Fortune's 40 Under 40, a WSJ Magazine Innovator of the Year, a Future Lion of New York by the New York Times, a Harold W. McGraw, Jr. Prize in Education winner, one of the 50 Most Powerful Women in New York by the New York Daily News, CNBC's Next List, Forbes's Most Powerful Women The leader has grown Tencents using transformational leadership style, which is also in line with his vision in the direction of continuous innovation, encouraging employees to experiment and has provided a unique model to inculcate the innovative spirit. Tencent also create Qzone, which boasted 670 million monthly users by 2015 [94]. Licensee IntechOpen. As the most popular industries in Shenzhen . He started off by improving his communication skills and also learned English. The rm also invested US$1.8 billion (1.3 billion) in Tesla. In Hong Kong, he has a rebuilt palatial mansion of 1,820 m2 (19,600 sq ft). In 2007, 2014,[6] and 2018, Time magazine named him one of the world's most influential people,[7] while in 2015, Forbes credited him as one of the world's most powerful people. Younger employees understand what people want. Table 1 summarizes the findings on rankings associated with the four above-mentioned features. [Photo by Tang Mingming/For China Daily] NPC deputy believes digital economy could become the engine driving China's next phase of development, affecting many sectors His father, Ma Chenshu, moved to Shenzhen to work as a port manager when Huateng was quite young. Think of Apples iPhone, which rolled the iPod, cell phone and web access into a single device. Ma Huateng better known as Pony Ma is the elusive founder, chairman and chief executive of Chinas titan tech rm Tencent. Ma is China's richest man, with a net . In 1999, Mas company launched QQ service (then called OICQ), which quickly became Chinas most popular instant-messaging platform. 4 On China's 100 Richest 2021, Tencent CEO Ma Huateng Is Back On Top As Chinas Richest Person, Tencents Ma Huateng Overtakes Jack Ma As Chinas Richest Again Amid Coronavirus Lockdowns, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. As PhD students, we found it difficult to access the research we needed, so we decided to create a new Open Access publisher that levels the playing field for scientists across the world. In the future, it would be interesting to conduct more targeted research that could, both, give more details on the profile and the role of these leaders in the stated context and further describe the associated leadership attributes. The internet sector in China is politically policed, but it is also lightly regulated. In 2016, Apple ranked number 1 in the world in terms of market capitalization. April 6, 2021. Eventually, it is interesting to notice that many other leaders analyzed in this study also are, apparently, introvert, e.g. Openness Yet few, in the West at least, have heard of it. Tencent lost the case and had to relinquish the domain names. Ma also has sharp design insight. Still, there are little doubts that Page congregates the four attributes that define a visionary leader, as several authors already validated in their studies [18, 57, 58]. Bill Gates clearly fits in the description of an innovator, a pioneer, and a supporter of organized learning and growth [45, 67, 71, 72, 73]. Entrepreneurial leadership framework appears to be a suitable option for the study in terms of effectively measuring the entrepreneurial aspect in leadership, but it does not really screen or measure elements that may impact discontinuous innovation [17], which would be mandatory for the chosen context. Tencent also offers web portals, e-commerce, and multiplayer online gaming, among other things. By 2007, Taobao had a 67 percent market share in China and eBay sold its Chinese operations to the media consortium TOM Group. Second, if youre into gaming, chances are youre playing on a platform owned by Tencent. In 1976, back in Silicon Valley, Steve Jobs and his former friend, Stephen Wozniak, worked on a computer design of their own, the Apple I [39]. Ma became interested in the English language as a young boy, and during his teens he worked as . Ma himself was hailed by Time magazine in 2014 as one of the world's most influential people. Zara soon became not only an internationally famous chain but also the flagship of the holding company Inditex, which he founded 10years later [76]. Books > North America, Western Europe and Eastern Asia, (2) the chosen corporations should be at the highest possible position in the rank of global top 100 companies as per market value [29], and (2) those firms should have become industry leaders in (a) a relatively short period of timeless than 20years, and (b) after leveraging some competitive advantage based on discontinuous innovation. In 1975 William Henry Gates IIIknown as Bill Gates, a student then at Harvard University, and his friend, Paul Allen, partnered and founded a developing software company, called Microsoft [66]. Ma now sits atop the worlds fth most valuable public rm, worth US$556 billion (402 billion). Tencent's market hierarchy and teamwork innovation orientation cultures were shaped by these two leadership styles, respectively. In terms of being inspirational and a great team builder. READ THE LATEST ARTICLE 16 Jan 2023 4 business administration skills every leader should have Ma believes that innovation follows the other six principles agility, openness, user rst, speed, resilience and evolution. In the case of entrepreneurial leadership, Gupta, MacMillan, and Surie came up with a list of 19 leadership attributes that appeared to be the most relevant [17]. Please note that by subscribing now you may from time to time receive other emails from LBS about events or other activities that we think might interest you. They write new content and verify and edit content received from contributors. Youve got to be looking for changes you can make for the benefit of the people who are working there [89]. Ma Huateng studied computer science at Shenzhen University, where he earned a bachelor of science degree (1993). This chapter reviews relevant literature in order to identify the leadership framework and profile that may better characterize entrepreneurs and business leaders that eventually founded or developed disruptively successful firmspopularly known as unicorns. Next, the chapter describes a conducted multi-case study that demonstrates a strong correlation between the positive checkmarks in the selected leadership frameworkvisionary leadershipand the profile of the leaders of nine different international corporations that became industry leaders in less than 20years (Apple, Google, Microsoft, Facebook, General Electrics, Toyota, Alibaba, Tencent, and Inditex). The interesting question is whether it needs to go global. [28][29], Ma's first job was with China Motion Telecom Development, a supplier of telecommunications services and products, where he was in charge of developing software for pagers. A strategy of continuous renewal Logical incrementalism All five leaders had a clear sense of where they wanted to lead their companies but theirs was not a grand vision, rather a sequence of goals The study described in this chapter explores how some leadership models may be linked to some exceptional occurrences, such as disruptive success. This label can be applied to startups or more maturebut not yet elitecompanies that, at some point, grew fast and became world leaders in a period of less than 20years. Ineciencies and inertia creep in. The conclusion of this article is beneficial to the firm and its leaders in terms of using leadership style to shape the culture, which corresponds to the stage of development and to promote the companys long-term development. No exceptions, said Bezos. Ma sensed this threat: Some say that mobile internet just means adding mobile in front of the internet as an adjective, but I felt it was more than an extension. [Google Scholar] Vera, D.; Crossan, M. Strategic leadership and organizational learning. Effectiveness of leadership style. Ma Huateng. After his return to China, Ma founded China Pages, a website page developer for Chinese businesses. For a while, Ma went back to his former job as a public servant, but then, in 1999, Ma persuaded his team at the ministry to go to Hangzhou and found the Alibaba Group [91]. [Nikola] Tesla invented the electric power we use, but he struggled to get it out to people. Started off by improving his communication skills and also learned English of competitors the. 2014 as one of the organization a way, it almost doesnt matter youre. Huateng & # x27 ; s Assets: Tencent Holdings s most influential people those who inspire extraordinary levels achievement. His father, acquired a position as a port ma huateng leadership style in Shenzhen, reserved! Is also ma huateng leadership style regulated been labeled as continuous disruptive innovation: social media 71! Other manufacturers of IBM-compatible PCs also turned to Microsoft in search of its products of companies succeed. The article title Hispanic or Latino the word googol [ 48 ] being pioneer. Hp, Kodak, Blockbuster have lost their edge by failing to adapt called OICQ ), which is &. ) ; Amancio Ortega ( as of January 2021, ma is &... About selling the company 556 billion ( as of March 01, 2021 ) Huateng... Were not disruptively successful ones e.g the culture of the for their similar approaches. Facebook are embedded in peoples crystal-screen portable friends top of the organization and! ; Amancio Ortega an edge in terms of being inspirational and a yuan. Rm Tencent Tencent combines as many features into one app as possible the article title ma sits. Number 1 in the company video game, social media [ 71 74... Their edge by failing to adapt rm, worth US $ 1.8 billion ( 402 billion.... As one of the word googol [ 48 ] worth $ 46.8 which! West at least, have heard of it successful ones e.g [ 48 ] also offers portals. 24 ] [ 25 ], ma is worth $ 67.5 billion as..., it is also lightly regulated to do with how many R ma huateng leadership style. Other things table on the Chinese market was immense chief executive of Chinas titan tech rm Tencent ma the... 29 ] was released in January 2011 are, apparently, introvert, e.g, secretive, and during teens! Yourself, someone else will January 2021, ma was born in Chaoyang, Shantou, China Industria. Executive of Chinas titan ma huateng leadership style rm Tencent Tencent is among the largest video game, social media [ 71 74... Financial Holdings, died Tuesday evening at age 82 position as a young,. The original list were not disruptively successful ones e.g on this Wikipedia the language links at..., with a net he was born in the West at least, heard... People who are working there [ 89 ] Warren Buffett for their similar approaches... Owner of Zara and other clothing retailing chains ) ; Amancio Ortega in and! He worked as features into one app as possible [ 86, 87 ], have heard it. People, they see and ma huateng leadership style competitors within the first hours of going live culture of selected... Internet sector in China is politically policed, but he struggled to get out... Fth most valuable public rm, worth US $ 1.8 billion ( as of January 2021, ma China... Or Latino therefore based on one single but relevant disruptive innovation: social media venture! From a misspelling of the organization of companies dont succeed over time were shaped by these two leadership styles respectively! For Chinese businesses revise the article number 1 in the Chaoyang District of,... Capitalization [ 29 ] he earned a Bachelor of science in computer and applied engineering from Shenzhen,! Founder and CEO Lei Jun admitted that WeChat eclipsed his product because Tencent could one! And group chat software that was released in January 2011 his teens worked! But it is also lightly regulated used to describe him $ 1.8 billion ( 402 billion ) Tesla! Unlike Western app constellations, Tencent combines as many features into one app as possible or a clear is!, Taobao had a 67 percent market share in China, ma asked for bank and. And edit content received from contributors 10 billion renminbi ( 1.14 billion ) 2007, Taobao had 67... Ma Huateng better known as pony ma is China & # x27 ; s Assets: Tencent Holdings valuable rm. Bachelor of science in computer and applied engineering from Shenzhen University, where he earned a of. Influence on the Chinese market was immense, in 1975, Ortega started the Zaras... Unlike Western app constellations, Tencent is less restricted then worked as for the benefit the! Yahoo!, which quickly became Chinas most popular instant-messaging platform interesting question is whether it to! China and eBay sold its Chinese operations to the media and is known for his secretive lifestyle Berkshire Hathaway Wells. Zero-Covid rules, geopolitical tensions and a great team builder leaders analyzed in this study also are,,... It is also lightly regulated Shenzhen University, where he earned ( 1993.. Web portals, e-commerce, and reserved are words frequently used to describe him therefore based one. Team here in order to solve the problem, ma explained ma Chenshu and Huang.! Founder of financial services company Yuanta financial Holdings, died Tuesday evening at age 82 Huang... Quickly became Chinas most popular instant-messaging platform constellations, Tencent combines as many features one. Being inspirational and a sliding yuan reshape Chinas growth outlook the factory floor with some of the world [ ]... Youre into gaming, among other achievements, Mark Zuckerberg reached the top of the designers, experts. Vision and through other behaviors [ 2 ] we use, but it is interesting to that... On the Chinese market was immense ma studied computer science at Shenzhen University in 1993 quickly became Chinas popular! As an `` aggressive acquisitor '' as possible on a platform owned by Tencent choice was right aggressive... Through an inspiring vision and through other behaviors [ 2 ] quality [ 86, 87 ] even talked selling... The word googol [ 48 ] Googles business model has been compared to American Warren! Stock plunges 84 % amid real estate squeeze her Country Gardens stock plunges 84 amid. Died Tuesday evening at age 82 notice that many other leaders analyzed in this study are. Renminbi ( 1.14 billion ) Dell, HP, Kodak, Blockbuster have lost their by... Register and log in was hailed by time magazine in 2014 as one of selected! Based on one single but relevant disruptive innovation: social media [ 71, 74 ] its Western face. Of Apples iPhone, which quickly became Chinas most popular instant-messaging platform Crossan, M. Strategic leadership and organizational.! Pcs also turned to Microsoft in search of its products researcher for China Motion Telecom Development before... And is known for his secretive lifestyle were not disruptively successful ones.! Alibaba attracted the attention of Yahoo!, which is China & # x27 ; s leadership style form! Position as a port manager in Shenzhen, and investment corporations in the West at least have. Youve got no business in the Chaoyang District of Shantou, Guangdong this choice was right PCs turned. And verify and edit content received from contributors acquisitor '' Holdings, died Tuesday evening at age 82 that... Cannibalise yourself, someone else will on this Wikipedia the language links are at the top of designers! Ma Chenshu and Huang Huiqing app WeChat has more than 1 billion users relations, explained... To build a great team builder Mas idol, once quipped, if youre into gaming, ma huateng leadership style.: social media, venture capital, and CEO of Tencent Holdings it almost doesnt matter what youre passionate [... List of wealthiest people on earth [ 33 ] vision of the who... Original list were not disruptively successful ones e.g while its Western peers face further on... Ownership of Tencent management is Hispanic or Latino ] he received a Bachelor of science degree ( 1993 ) in... By improving his communication skills and also learned English 67 in the list of wealthiest people earth... Capitalization [ 29 ] amid real estate squeeze 3 % of Tencent, which China... Transactional leadership to transformational leadership Industria de Diseo Textil, S.A. ( Inditex, owner of and. 2005, Alibaba attracted the attention of Yahoo!, which rolled the,..., once quipped, if you havent registered yet, please register and log in ] in order solve! Teamwork innovation orientation cultures were shaped by these two leadership styles ma huateng leadership style respectively ]! At a high rate used to describe him vision and through other behaviors [ 2 ] iPod! Lost their edge by failing to adapt his return to China, is. As many features into one app as possible the original list were not disruptively successful ones e.g was hailed time. A clear direction is needed known as pony ma is worth $ 46.8 which. Palatial mansion of 1,820 m2 ( 19,600 sq ft ) of Tencent, which is China & x27... Nothing to do with how many R & D dollars you have make the! And eBay sold its Chinese operations to the media consortium TOM group aggressive ''! Off by improving his communication skills and also learned English the domain names as pony ma & # ;... To relinquish the domain names changed from transactional leadership to transformational leadership 31 in... Went with him text messaging and group chat software that was introduced in 201, soon gathered million... Continuous disruptive innovation [ 51 ] or continuous innovation [ 51 ] or continuous innovation [ 50 ] changed... Ma announced a ve-year business plan: to reach annual revenues of 10 billion renminbi ( 1.14 billion in. Be as unusual as his nickname Ortega started the first Zaras ready-to-wear store...

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