Money Mark Zuckerberg, one of the world's most powerful CEOs, has never worked at a company besides Facebook, and it's a blessing and a curse

11:52  14 september  2018
11:52  14 september  2018 Source:   businessinsider.com.au

Facebook’s fight against fake news isn’t going so well

  Facebook’s fight against fake news isn’t going so well This week, Facebook’s top two executives have touted the company’s effort to fight fake news. Analytics from tracking firm NewsWhip, tweeted out by John Herrman at The New York Times, and confirmed to Quartz by NewsWhip, show that the fourth most-engaged-with story on Facebook from the first week of September 2018 is a story from America’s Last Line of Defense, which fact-checking website Snopes (which Facebook works with) has called a “junk news network.” The piece claims that Michael Jordan has resigned from Nike’s board, “taking Air Jordans with him.” It is, of course, false. (For one thing, Jordan isn’t even on Nike’s board.

Mark Zuckerberg smiling for the camera: Photo: David Ramos/ Getty Images.© Getty Photo: David Ramos/ Getty Images. A recent New Yorker profile of Facebook CEO Mark Zuckerberg includes a telling quotation from COO Sheryl Sandberg:

"Sometimes Mark will say, in front of the company, 'Well, I've never worked anywhere else, but Sheryl tells me...'"

Sandberg added: "He acknowledges he doesn't always have the most experience. He's only had the experience he's had, and being Mark Zuckerberg is pretty extraordinary."

Zuckerberg is 34 years old; he founded Facebook in college. As The New Yorker's Evan Osnos points out, Zuckerberg has designed the entire company to suit his unique preferences. (Osnos writes that Zuckerberg chose Facebook's signature royal blue because he is red-green colour-blind and can see royal blue most clearly.)

Zuckerberg says Facebook is 'better prepared' for next election, promise

  Zuckerberg says Facebook is 'better prepared' for next election, promise As midterm elections loom, the Facebook CEO wrote a blog about how the company has prepared to fight interference.Load Error

While Zuckerberg is an extreme example, the quotation from Sandberg raises questions about the relative benefits and drawbacks of building your career in one place. We asked two workplace experts for their opinions, although they can't comment on Zuckerberg specifically since they don't know him personally.

Long-tenured leaders should surround themselves with people who have different perspectives

Jaime Klein, who is the founder of Inspire Human Resources, mentioned some organizational benefits of having a long-tenured leader, including "institutional knowledge" and "cultural stability." Klein has observed that, when organisations go through a leadership transition, there tends to be a period of time where everyone is unproductive.

Facebook is making AI that can identify offensive memes

  Facebook is making AI that can identify offensive memes Facebook’s moderators can’t possibly look through every single image that gets posted on the enormous platform, so Facebook is building AI to help them out. Right now, it isn’t entirely clear what Facebook is doing with the data. It’s useful for basic features like photo search and screen readers, the blog post points out. But it also sounds like Facebook is starting to put it toward much bigger goals, like figuring out what would be interesting to put in your News Feed, and, more importantly, figuring out which memes are just goofy memes and which are actually spreading hate speech or other offensive comments.

That said, Klein added that the downside of having a long-tenured leader is that "you don't have the importing of fresh ideas." We tend to "surround ourselves with fabulous people that remind us of our fabulous selves," Klein said, as opposed to people with different perspectives.

Google's introverted co-founder has mysteriously disappeared from public life and is reportedly spending more time on his private Caribbean island

  Google's introverted co-founder has mysteriously disappeared from public life and is reportedly spending more time on his private Caribbean island At a time when founders of major tech companies are increasingly stepping into the spotlight, Larry Page of Google has faded from public view.Larry Page has faded from public life.

One potential solution, according to Klein and Erica Keswin, who is a workplace strategist, an executive coach, and the author of the forthcoming book "Bring Your Human to Work," is for CEOs to surround themselves with leaders who have more diverse backgrounds. That's what Zuckerberg seems to have done in hiring Sandberg, who came from Google and has government experience.

"It takes a strong leader," Keswin said, to recognise the gaps in their skill set and hire people whose competencies complement theirs.

Klein called it "cross-pollination": The leaders with outside experience bring innovative ideas and the more tenured leaders know how to implement those ideas in the context of their particular organisation.

Keswin had another suggestion for long-tenured CEOs and founders: Join organisations with people in top leadership positions from other companies. That way, they can get candid feedback on their performance and hear how other leaders have tackled similar challenges.

Individuals can find it helpful to move around between - or within - organisations

As for people who aren't in top leadership positions, Keswin had a similar tip: Seek out opportunities to work across the organisation so that you're constantly learning and growing. That might mean volunteering for side projects in other departments.

"You become more valuable to that business because you can connect the dots," Keswin said.

Klein's view is that moving between different organisations can be beneficial for individual employees, specifically because they develop different skills at each one. "Many times it does help people, if they feel like they can't reach their career potential," to move companies, she said.

It can also be helpful to work under a new leader, "with new ideas, new mentoring techniques, and new ways to develop that person."

Often, the decision to switch companies comes down to intuition over logic. As Klein said, "Everyone knows deep in their souls when it's time to go."

Facebook building a 'war room' to battle election meddling .
Facebook on Wednesday said it will have a "war room" up and running on its Silicon Valley campus to quickly repel efforts to use the social network to meddle in upcoming elections. "We are setting up a war room in Menlo Park for the Brazil and US elections," Facebook elections and civic engagement director Samidh Chakrabarti said during a conference call."It is going to serve as a command center so we can make real-time decisions as needed."He declined to say when the "war room" -- currently a conference room with a paper sign taped to the door -- would be in operation.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!