Friday, July 3, 2015

A good question & answer by Mark Zuckerberg (about founders as CEOs and Twitter)

A great question by Om Malik: 
The question I would have asked Mark Zuckerberg if I was attending the townhall he recently hosted: how much do you think Twitter's problems are driven by the fact that Wall Street (and other investors) judge a CEO differently from a strong founder. For a while Facebook strategy was questioned by short-term oriented investment community but it was the founder (aka) you who stayed the course. Actually it be great to hear from Mark about importance of founders as leaders.

Mark Zuckerberg I can answer that :

I don't think there's anything that makes founders intrinsically better at running companies than non-founder CEOs. There are plenty of good leaders who are both.

That said, there are certain structural advantages that founders may have that can make their jobs easier than those of non-founder CEOs -- including extra social capital within a company and control of company governance.

As you suggest, running a company involves making a lot of tradeoffs between various short and long term interests. The more power you have as a CEO, the easier it is for you to do what you think is right and ignore people pushing for shorter term interests. 

The social capital and moral authority that comes from being the founder and having built many of the company's key products means that on balance people trust you more and give you the benefit of the doubt more when you make tough calls. Fewer people complain and take your time to manage. Fewer people quit and slow your execution. Everything is easier with social capital. 

Similarly, if you have control of the company -- like I do at Facebook and an increasing number of founders do -- then it is very difficult for investors to fire you. This means you don't need to worry about losing your job over a couple of bad quarters or controversial short term decisions, and that makes it easier for you to make the decisions you think are correct as well. 

These pressures compound over time. If you have to make short term tradeoffs because activist investors are pressuring your board for quick financial results and you might get fired otherwise, then the compromises you make will just make it harder and harder to deliver the results you want and execute your mission over time. This eventually catches up to you unless you manage everything carefully. On the other hand, if you have the space to make controversial but good long term bets -- like buying Instagram -- that provides an accelerating tailwind that makes executing your mission easier over time. 

These are clear advantages that founders may have, but they don't guarantee success. At the end of the day, you still need a clear vision and willingness to do what you think is right because there will always be plenty of forces pushing you to make worse tradeoffs regardless of your structure. There are many non-founders CEOs who are excellent at this as well as founders, and there are plenty of founders who are terrible at this despite these advantages.

There's one last thing I'd add, which is that I think people focus too much on the single CEO role and not enough on the broader team. No one builds something by themselves. We could not have built Facebook without our core team. This is not just about the founder or CEO but about the strength of the whole team.



One particular factor you should examine is the investment you will be considering. rolex replica sale could be an essential the main decisions and that means you need to surely know really nicely what you might be taking into consideration just before you get one thing or accept nearly anything. hublot replica uk truly is required you are made tuned in to every small point on the latest marketplace so as to create smart options. You need to then must consider the type of reproduction Milgauss watches accessible on today's marketplace and do some research to acknowledge what choices may be greatest fitted to all your wishes. rolex replica sale can be really an easy task to obtain what you would be searching for when you hit the world broad net and also possess a great browse all around. Assuming you've got an excellent store all around through the web you might comprehend that replica chanel are numerous prospects. Have a extremely great shop and execute some look ups on the internet to take a look at what appears. You will most likely be surprised tag heuer replica the amount of alternative for a genuine hassle-free buy.

I accept it. I accept a weakness for top superior ties. I abhor seeing an contrarily well-dressed man wearing a bargain tie. Blech! It doesn't amount if he is replica watches cutting a $1,000 clothing or ,if he has a cheap, attenuate tie, the absolute ensemble looks bad!One of my admired ties is from of Paris. These are elegant. Made of louis vuitton replica the finest cottony and hand-stitched, they accomplish about any suit attending fabulous!Unfortunately, these are aswell decumbent to
counterfeiting. When you are accepting ready to breitling replica absorb $150 - $200 on a tie that should endure you years, the endure affair you wish to do is inadvertently acquirement a fake. This commodity will call how to atom a affected tie.There are two identifiers on rolex replica the aback of the tie. The aboriginal is a characterization that will consistently appearance a horseman and carriage.The additional is a Hermes Logo that is alloyed into the tie. Many imitations will accept a patch sewn on omega replica in its place.Be careful! On a lighter bolt blooming or figural tie, you will not see"Hermes-Paris" beneath the horse and carriage; however, you will see them on Heavy Cottony Lourde and Figural "H" ties. Unless you can calmly atom the differences amid the two, be accurate in using this as the sole anecdotic characteristic.

Mark is a great man, I like him. He gave a lot of money to poor people, he is a hero.

Pretty good post! I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. essay writers Any way I'll be subscribing to your feed and I hope you post again soon.

Very good post,Glad I noticed your blog while searching. Check Euro Cup 2016 for all euro cup updates.

Buy Cheap Generic Viagra
Aged people may be more sensitive to the side effects of the drug.ContraindactionsCaverta is contraindicated in patients taking another medicine to treat impotence or using a nitrate drug for chest pain or heart problems.

Online gaming is a hobby of many people. Game Run Unblockedversions as Run 3 Unblocked or Run 4 Unblocked is a very interesting game to control the bear run or jump to the safe landing area falls. risks with such racing game Car Racing Games or interesting as the game Donkey Kong Unblocked or Car Racing Games wrap pulled a lot of players. Good luck!

tense moments later, the game has always been a key, here's an example.
Unblocked, Friv 2, abcya, Yepi, tetris, Y8, Y3, Kizi 6, pbs

This is also a very good post which I really enjoyed reading. It is not everyday that I have the possibility to see something like this.

defend your nuts 2 |  atari breakout | atari breakout game | yahtzee with buddies | free mahjong | cooking fever |  traffic rider | cat mario 3

This blog is so nice to me. I will continue to come here again and again. Visit my link as well. Good luck
obat aborsi

Post a Comment