This outlines a clear priority system for businesses, emphasizing that the well-being and satisfaction of customers and employees are paramount. By valuing these groups, the company ultimately creates long-term value for its shareholders.
Quote by Jack Ma: “Customers first, employees second, and shareholders third.”
Customers first, employees second, and shareholders third.
Insight
Historical Context
At the World Economic Forum, Jack Ma frequently explained Alibaba's unique corporate culture and its foundational values, which prioritized stakeholders in this specific order, a philosophy that guided its immense growth.
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Chinese business magnate, investor, and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. Ma is a global ambassador for Chinese business and a prominent figure in the tech industry.
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