Tuesday , May 17 2022

Mark Zuckerberg's marvelous failure in leadership shows why some Facebook investors are desperate to banish him


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  • The New York Times's testimony on crisis management reveals a major failure under CEO Mark Zuckerberg.
  • The report says that some of the scandals that have swallowed the company are irrelevant and are the worst to intensify them.
  • Red meat to strong investors who want to head Zuckerberg.
  • Taking a step as president would allow her to accept her failures, throw a bone at her critics, and retain control of the company she built.

If you haven't read a story about how the New York Times copes with a scandal series on Facebook, it's a valuable investment of your time.

Based on interviews with 50 people, they are rich in destructive anecdotes and mini scandals. On their own, the black-missions to commission George Soros as a puppet master behind Facebook are surprising and disturbing.

But in general, the impression I received was one of the great failures of leadership. And in this sense, all roads lead to Facebook's CEO, Water and Mark Zuckerberg.

Times, Zuckerberg, at best, is the indifference of existential issues that threaten Facebook for the past three years and, worst of all, it is a complication that makes them even worse.

According to an indifference report Zuckerberg and her right-hand man, Sheryl Sandberg's general manager deviated from "personal projects" as Facebook 's danger came under threat.

In the report, last year it was evidence of the Russian drug, Zuckerberg made a "listening tour". He also said he prefers to focus on ular broader technology issues ini by leaving policies to Sandberg.

sheryl sandberg facebook cooDrew Angerer / Getty Images

Zuckerberg 's defense said on Thursday that he and Sandberg had been "deeply touched in the fight against false news and information processing on Facebook".

And as long as it makes matters worse, there's a joke about misinterpreting his anger at the social network with Republican Representative Greg Walden.

But something else turned out and talked about the ways Zuckerberg copes with the crisis. Facebook, Apple CEO, was criticized by Tim Cook at the temperature of the Cambridge Analytica data debris. Rather than getting on the jaw, The Times said Zuckerberg screamed.

The Times, The Mr. Cook's critics have then ordered the management team to use only Android phones – arguing that the operating system is much more user than Apple.;

At a time when Facebook needs a reasoned responsibility, it smells of petulance. (Facebook told the Times, "It has long encouraged our employees and managers to use Android.")

Zuckerberg's red meat for failures angry investors

All of them are red to the growing cabinet of angry investors who want to serve as president of Zuckerberg.

Business Insider spoke to activist shareholders several times over $ 3 billion in stock. They believe that Zuckerberg's feet should be fixed to the flames by an independent president.

Read more: These investors control $ 3 billion of stock and they want to take down Zuckerberg.

”Nobody is responsible for anyone who has a board or a bad corporate governance practice, Bir someone said. "He is his own boss and clearly does not work."

Last year it was proposed a proposal to appoint him as president. The analysis showed that 51% of independent investors were supported at the annual shareholder meeting. There is a new proposal to divide the dual role of Zuckerberg in voting at next year's shareholder meeting. Already gathered support.

Erskine BowlesGetty

Facebook has continuously brushed up these demands. He said an independent president would create "uncertainty, confusion and inefficiency". In spite of this management mechanism that works quite smoothly in other technology companies such as Apple, Twitter and Microsoft.

And there is an element of the story underlining the value of the Times' independent oversight. Erskine Bowles, chairman of the audit committee of Facebook, has a crazy management approach to how it allows the company to become a tool for Russian intervention.

Zuckerberg and Sandberg are on the move.

Zuckerberg is not blind to Facebook's failures. He admits that the money stands with him. "I designed this platform, so if someone is to be fired for it, I should be," he told Recode earlier this year.

He will allow him to acknowledge the failure of the vice-president, throw an bone at angry shareholders and Facebook critics, and retain control of the $ 40 billion company he created in the Harvard dorm room.

It can also help achieve the ultimate goal of making Facebook a better, safer place for 2 billion users.

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READ MORE: Activist prepares a new proposal to appoint Facebook shareholder Mark Zuckerberg as president

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