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[Image-from-iOS-20-scaled-e1577] Final verdict: MW 2020 India, Middle East and Chuhai predictions [sun-tianqi-e1608955228911] Chinese regulators explain the recent internet finance ban [alibaba-2021-e1608798692147] Alibaba & Ant Group targeted by coordinated government crackdowns - how... * Insights & Reports * SUBSCRIBE [ ][Search] Home Corporate What is happening to Lazada is happening to all companies acquired by... [alibaba-2021-e1608798692147] * Corporate * Investment * Just for fun * Language, customs & localisation * People * Southeast Asia What is happening to Lazada is happening to all companies acquired by Alibaba By Amresh Anbalagan - January 7, 2021 3339 0 * * * * * After we published the post on Lazada's senior management reshuffle, we have received quite a bit of interesting feedback. A person, who worked in Alibaba for three years, told us that the reference of changing boss every year at Lazada was really nothing. "Over three years, I had six bosses." Another person, who only had five bosses, but over the timespan of just a year, told us that within a year he became the longest-serving staff member of the whole department. But the best is from someone anonymous, who sent us a recent post he saw on social media. It goes: After Alibaba acquires a company: No matter where the company is, and which industry it is in. 1. Hold a meeting in Hangzhou (Alibaba HQ) to define the KPIs; 2. Realise that the acquired company could not achieve the KPIs; 3. Parachute a senior manager from Hangzhou into the company to stress the KPIs, and ensure that the KPIs can be achieved; 4. Realise that the senior managers sent in can't achieve the KPIs either; 5. Restructure the company, and fire those old employees who do not share the "Alibaba value"; 6. Declare that the KPIs have been achieved - the senior manager returns to Hangzhou for a promotion; someone else is sent from Hangzhou to sort out the mess; 7. Declare that the company's strategy is in conflict with the Group, and shut down the company. Sounds familiar? Below is the screenshot of the original post that was sent to us: [Image-from-iOS] Related -- Thanks for reading The Low Down (TLD), the blog by the team at Momentum Works. Got a different perspective or have a burning opinion to share? Let us know at hello@mworks.asia. Previous articleLazada reshuffles senior management, again Next articleMW 2021 Predictions: Southeast Asia & Chuhai [2f28958cd260] Amresh Anbalagan Amresh used to cook and run food stalls. Stumbling into the tech industry by accident, he decided to stay for the long run. He joined Momentum Works in 2016 as a Project Manager. He is intrigued by ever changing internet businesses and its impact on day to day life. His interest lies in football, food and cryptocurrencies. LEAVE A REPLY Cancel reply [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] Please enter your comment! 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Subscribe to TLD Newsletter Subscribe to our Youtube channel Epson x Momentum Works Collaboration [image__33_] Epson, the leading company in the printing industry globally, is now collaborating with Momentum Works to find innovative partnerships and brand new business in Southeast Asia. Stay tuned, more will come. To get further information, reach us at hello@mworks.asia Check out our latest report! [ie-sea] Momentum Works has recently published its Industry Enablers in Southeast Asia 2020 Report - A broad study of Southeast Asia Industries, analysed through more than 100+ indicators covering infrastructure, human capital, and connectivity. EDITOR PICKS [header-14] What are the Industry Enablers in Southeast Asia? September 14, 2020 [lu-qi-at-baid] Was Lu Qi purged from Baidu? We find this theory interesting May 30, 2018 [New-year-2-1-] MW 2021 Predictions: Southeast Asia & Chuhai January 8, 2021 [alibaba-2021-] What is happening to Lazada is happening to all companies acquired... 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