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New Alibaba CEO Wu Yongming: Create a main management team of post-85s and post-90s generations, and the goal will be achieved within 4 years

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2023-09-16 17:57:111056browse

The new CEO of Alibaba Group does not need to change the original meaning. What needs to be rewritten is: Wu Yongming issued an all-staff letter today, announcing that he has determined two strategic priorities: user first and artificial intelligence driven

There is no need to change the original meaning, the content that needs to be rewritten is: In Wu Yongming’s first all-staff communication after taking office, Ali’s strategic focus and action guide for the future were clarified

There is no need to change the original meaning , the content that needs to be rewritten is: Wu Yongming proposed that will reshape business strategic priorities based on the two strategic priorities of user first and AI-driven. On this basis, Alibaba will increase strategic investment in three types of businesses - first, technology-driven Internet platform business, second, AI-driven technology business, and third, global business network.

He believes that the serious homogenization of the traditional Internet model has moved towards stock competition, and new technologies represented by AI are becoming new driving forces for global business development. Alibaba must transform itself to find the key to the future, adhere to its original intention of solving problems for society, fulfill its mission of serving small and medium-sized enterprises, and adhere to its vision of being a good company that is beneficial to society.

In the all-member letter, there is no need to change the original meaning. The content that needs to be rewritten is: Wu Yongming also proposed a clear goal of rejuvenating the management team - Within 4 years, we should make the post-85s and 90s generation Later, as the main manager, he refreshed the business management team and created a mechanism and cultural environment that allows more young Alibaba people to become the core strength of Alibaba.

Attached to this site is no need to change the original meaning. The content that needs to be rewritten is: The full text of Wu Yongming’s letter to all Alibaba employees on September 12:

User first, AI driven, Create greater value with an entrepreneurial mentality

Dear Alibaba people, hello everyone, I don’t need to change the original meaning. What needs to be rewritten is: Wu Yongming.

Today is my third day officially taking over as CEO of Alibaba Group, and I am honored to work side by side with you all.

Times are changing, Ali must change! Times are progressing, and Ali must progress even more! In the past 24 years, Alibaba has seized the trend of the times, used Internet technology, and achieved rapid growth. Today, the serious homogeneity of the traditional Internet model has moved towards stock competition, and new technologies represented by AI are becoming new driving forces for global business development. Alibaba must transform itself to find the key to the future, adhere to its original intention of solving problems for society, fulfill its mission of serving small and medium-sized enterprises, and adhere to its vision of being a good company that is beneficial to society.

I would like to announce to you that facing the future, Alibaba has established two strategic priorities: user first and AI-driven. The Group will organize its business around these two priorities and reshape its business strategic priorities. On this basis, the group will increase strategic investment in three types of businesses: 1. Technology-driven Internet platform business; 2. AI-driven technology business; 3. Global business network.

The foundation of all businesses is user value and the user retention it brings. We must turn more firmly to the user perspective, meet user needs from multiple dimensions, and prioritize user needs above all else. More users can bring more market opportunities to businesses. At the same time, in the new era, if we want to create the best user experience in the industry, we must be more open. Each business must proactively take a user-first perspective and seek the widest possible openness and cooperation, including companies that are traditionally competitive. Correspondingly, we will make cooperation between businesses more in line with market-oriented principles without affecting the strategic linkage effect.

In the next decade, the biggest variable will undoubtedly be the profound changes in the industry brought about by AI. We must reshape user value with the determination to start a business again in the AI ​​era, so that we can have the opportunity to continue serving customers in the next ten years. Our businesses have a large number of user scenarios, and we must turn these scenarios into the best application fields for AI technology and bring breakthrough user experiences and business models through technological innovation. If we cannot keep up with the changes in the AI ​​era, new species will surely replace us.

Rewritten content: Another important area is globalization. For Alibaba, globalization is both an opportunity and a responsibility. Alibaba's initial business was global business. Our goal at that time was to become a company founded by Chinese people with unique value in global economic development. Today, we already have many layouts around the world and will focus on developing our advantages in the future. The important thing is that Alibaba is not only expanding itself in the international market, but also helping more Chinese and global small and medium-sized enterprises to find business opportunities around the world by establishing a global business network

Organization method Alibaba Group will continue to deepen this organizational reform, use a more flexible and open governance mechanism, continue to strengthen the independent decision-making system of each business, and support each business to explore organizational models and business paths that suit its own characteristics. At the same time, Alibaba Group will still be a solid backing for all business lines.

Finally, I hope that Alibaba’s various businesses can make accurate judgments on trends over the next five years or more, and dare to make strategic investments and product innovations in advance. To this end, we need to establish an incentive mechanism and system based on longer-cycle business. At the same time, we will resolutely implement the strategy of team rejuvenation, make the post-85s and post-90s generation the main managers within four years, refresh the business management team, and create a mechanism and cultural environment for more young people to become the core strength of Alibaba

I firmly believe that as long as we adopt an entrepreneurial mindset and do not dwell on the past or stick to conventions, Alibaba will continue to achieve great development and create more value in the AI ​​era. Ali people, work hard together!

No need to change the original meaning, what needs to be rewritten is: Wu Yongming

CEO of Alibaba Group

What needs to be rewritten is: September 12, 2023 Japan

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