Mark Zuckerberg should step aside as CEO of Facebook.’ Analyze the argument for and against this contention and formulate a judgment on the issue
‘Mark Zuckerberg should step aside as CEO of Facebook.’ Analyze the argument for and against this contention and formulate a judgment on the issue.
There is no doubt that facebook is the world’s largest social network. With more than 900 million users, it has already slipped into our daily life. Nowadays, as the drop of facebook’s stock price has posed a threat to Mark Zuckerberg’s role of CEO, it has raised a doubt whether Mark Zuckerberg should step aside as CEO of facebook. It could be a good choice for Zuckerberg to hire a more seasoned executive instead of himself. This essay begins with a detailed analysis of this contention. Reasons would be provided which include the incompetence of Zuckerberg. Besides, the second reason is to be considered that the precedent business founder who has handed off their CEO position makes the business successful. After this, an objection of hiring a solid executive team will be discussed.
It is clearly that Mark Zuckerberg is genius that he directed Facebook from a Harvard internet net to a multi-billion company. He also wants to follow the other great founders such as Steve Jobs, the founder of Apple, and Larry Page and Sergey Brin, the founders of Google to become great CEO of Facebook.
However, it is doubtful that if he is mature to be a good CEO or not.
On 2012August 16, share price of Facebook slipped to $19.87 which is almost half of its IPO price and it is abnormal that a multi-billion company lost half of market value in several months. The drop of share price could be explained from outside factor and inside factors. Outside factor is the overinflated expectations by investors. In addition, many investors claim that this is caused by over advertised profitability and performance of Facebook. Inside factors would include unproven strategy of mobile advertising and in sufficient IPO strategy. The main revenue of Facebook comes from advertising revenue. However, it is doubtful if mobile advertisement could really
There is no doubt that facebook is the world’s largest social network. With more than 900 million users, it has already slipped into our daily life. Nowadays, as the drop of facebook’s stock price has posed a threat to Mark Zuckerberg’s role of CEO, it has raised a doubt whether Mark Zuckerberg should step aside as CEO of facebook. It could be a good choice for Zuckerberg to hire a more seasoned executive instead of himself. This essay begins with a detailed analysis of this contention. Reasons would be provided which include the incompetence of Zuckerberg. Besides, the second reason is to be considered that the precedent business founder who has handed off their CEO position makes the business successful. After this, an objection of hiring a solid executive team will be discussed.
It is clearly that Mark Zuckerberg is genius that he directed Facebook from a Harvard internet net to a multi-billion company. He also wants to follow the other great founders such as Steve Jobs, the founder of Apple, and Larry Page and Sergey Brin, the founders of Google to become great CEO of Facebook.
However, it is doubtful that if he is mature to be a good CEO or not.
On 2012August 16, share price of Facebook slipped to $19.87 which is almost half of its IPO price and it is abnormal that a multi-billion company lost half of market value in several months. The drop of share price could be explained from outside factor and inside factors. Outside factor is the overinflated expectations by investors. In addition, many investors claim that this is caused by over advertised profitability and performance of Facebook. Inside factors would include unproven strategy of mobile advertising and in sufficient IPO strategy. The main revenue of Facebook comes from advertising revenue. However, it is doubtful if mobile advertisement could really