The Alibaba CEO Programme is a 6-day 5-night immersive study trip, organised in partnership with Alibaba. Held in Hangzhou, home to Alibaba, the recently concluded trip on 12 – 17 June 2019 saw 42 business owners and entrepreneurs experience the world of New Retail, while learning new tips and tricks in reinventing their businesses.
Over the course of the trip, participants gained valuable insights into the trend of New Retail, how it has impacted consumer behaviours, as well as the need for a shift in business mindsets and strategies. Participants also got to learn how technology has made businesses more consumer-oriented, and gained strategic knowledge in achieving sustainable growth and business success in a competitive market such as China.
At the end of the trip, participants received the highly-valued Alibaba University Graduate Certificate, jointly awarded by Alibaba Business School and SIRS.
Digital Economy 5.0 denotes the breaking down of geographical borders and different sectors through the introduction of modern technology, marking the need for a shift in strategies to succeed in the rapidly transforming business landscape.
As of 2018, Alibaba has become the equivalent of the 22nd largest economy in the world and aims to become the 5th largest global economy by 2036. Speaking to more than 100 PMEs from NTUC UFLX on 21 May 2019, SIRS Digital Commerce Lead David Lee shared some of his insights to what has made Alibaba such a successful company, and what will propel them further as they strive towards their 2036 goals.
In his analysis, David identified 5 key points that makes Alibaba a global force to reckon with.
As Singapore’s leading retail training institute, SIRS is constantly enhancing its training programmes to ensure that retailers are kept at the forefront of the rapidly evolving industry.
In addition to the range of digital transformation courses that are provided through its Digital Commerce efforts, since 2016, SIRS partnered major Chinese firms such as Alibaba, Dodoca, and Zhubajie, introducing a series of study tours to provide retailers with a firsthand, immersive learning experience.
Read how some of the business owners who have participated in SIRS’ study tours have benefitted, and transformed their business strategies in the full article here.
Interested in learning how your business can keep up with the times? Find out about the different China study trips, and kickstart your journey with SIRS right here.