Tuesday, June 28, 2016

Jack Ma - Face of a Changing Nation

The face that launched a 1000
delivery packages
While browsing at the New Orleans Public Library I stumbled across a copy of Alibaba: The House that Jack Ma Built.  The book is a great, easy read and sheds light on one of China's most important cultural exports, the eccentric business mogul.
 
In recent years, Chinese businessman Jack Ma has become ubiquitous.  You can see him everywhere.  From television to the internet and everything in between, Jack Ma is there.  In many ways he has become the face of Chinese business around the world.  Mostly for the better.  Say what you will about Ma, he is a fascinating individual.  His position at the forefront of China's economic expansion has done a great deal to bolster opinions of Chinese business abroad.  Ma projects what few other successful mainland businessmen do; a sense of transparency.  The man loves to joke and laugh, and his fluency in English goes a long way in projecting an image that translates well outside of China.  Just compare him to Chen Guangbiao (that guy who said he'd buy the New York Times).  Chen's downright buffoonish behavior has made him a laughingstock outside of his home country, despite his amazing professional success.  In many ways Ma serves as the antithesis of Chen, portraying a pragmatic and humble image that makes him something akin to China's Warren Buffet.

I recommend this book, but you
don't have to take my word for it.
Jack continues to battle it out with Wang Jianlin for the title of Asia's Richest Person.  In some ways, the two men couldn't be more different.  Ma has made a name for himself creating business practices that take advantage of circumstances in China, such as learning to work around the country's fractured supply chains.  Ma once called Alibaba a crocodile in the Yangzte River and compared his foreign competitors to sharks in the ocean.  Wang's relationship with foreign business is much more confrontational.  His recent, notorious spat with Disney shows this in spades.  His company recently acquired Legendary Entertainment.  The studio behind such blockbusters as The Dark Knight and World of Warcraft, demonstrating his "if you can't beat 'em, buy 'em" style of business.

His personal image and his reluctance to intentionally cultivate a cult of personality has distinguish Ma from his Chinese contemporaries and made him more accessible to a foreign audiences.  Ma's story is exceptional and inspiring.  I recommend this book for anyone trying to pierce the veil of Chinese corporate culture.    

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