Mark Zuckerberg's spectacular failure of leadership shows why some Facebook investors are desperate to fire him - dailyOnews

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Saturday, November 17, 2018

Mark Zuckerberg's spectacular failure of leadership shows why some Facebook investors are desperate to fire him

  • The New York Times exposé on Facebook's crisis management exposes a spectacular failure in leadership from CEO Mark Zuckerberg.
  • The report suggests he was at best uninterested in some of the scandals that engulfed his company, and at worst, complicit in exacerbating them.
  • It's red meat to powerful investors who want to oust Zuckerberg as chairman.
  • Stepping down as chairman would allow him to acknowledge his failings, throw a bone to Facebook's critics, and still maintain control of the firm he built.
If you haven't read The New York Times' blockbuster 6,000-word opus on how Facebook has dealt with a sequence of scandals, it's a worthwhile investment of your time.
Based on interviews with 50 people, it is rich with devastating anecdotes and mini-scandals. In its own right, the black-ops mission to cast George Soros as the puppetmaster behind an anti-Facebook movement is startling and disturbing.
But overall, the impression I took away was one of a spectacular failure in leadership. And in this sense, all roads lead to CEO and Chairman Mark Zuckerberg.The Times portrays Zuckerberg as, at best, uninterested in some of the existential issues that have threatened Facebook over the past three years, and at worst, complicit in exacerbating them.
On the former, the report said Zuckerberg, and his right-hand woman Sheryl Sandberg, were "distracted by personal projects" as Facebook was dragged into danger.
As evidence of Russian meddling mounted last year, Zuckerberg was on a "listening tour." It was also said he prefers to focus on "broader technology issues," leaving the politics to Sandberg.

Read more: https://www.businessinsider.in/Mark-Zuckerbergs-spectacular-failure-of-leadership-shows-why-some-Facebook-investors-are-desperate-to-fire-him/articleshow/66637119.cms

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