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Essay / Facebook: How a College Experience Changed the World
Facebook is a social networking site that allows its users to easily connect with their friends and loved ones. At the age of 23, Mark Zuckerberg founded Facebook and developed a few other social networking sites while studying at Harvard University. In February 2004, Mark Zuckerberg launched Facebook, allowing students at Harvard University and other universities to use the social network. According to a website called Statista, Facebook increased its number of users to 1.8 billion, becoming "the most popular social networking site in the world." Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay According to an article titled Mission Statement and Vision Statement of Facebook Inc. (Analysis) by Nathaniel Smithson, Facebook revised its mission statement due to a data and security breach that occurred at the University of Cambridge. Smithson says Facebook's current mission is to "give people the power to build community and bring the world closer." Facebook wanted to emphasize the importance of building community, empowering people, and connecting with others. Facebook provides a platform for individuals to express their concerns and share information from any part of the world. Social media sites such as Facebook have shed light on many important events and movements happening around the world. When a post or video goes viral on Facebook and other social media sites, it draws attention to these issues that push for action or justice for the parties involved. Facebook is also a good tool for individuals to learn new information, whether from other users or through informative advertisements. According to a Business Insider article, Facebook has five core values. First, “be bold,” which means sometimes you have to take the risk to lead the innovators, even if you are wrong. Second, “impact-focused” Facebook employees must have the ambition to advance Facebook’s mission. Third, “moving fast” to be among the most innovative requires that employees move quickly with their ideas and be less afraid of moving too slowly and losing opportunities. Fourth, “be open” in order to build community, this requires transparency and constant feedback. Fifth, “create social value,” by enabling employees to engage in meaningful work that has real impact. Facebook has a strong company culture that is both inspiring and empowering, where employees work in teams to develop products and solve problems that matter to them. Facebook has focused on its products and transparency. Facebook provides a friendly working environment for its employees along with excellent benefits such as fringe benefits, food benefits, and health insurance for its employees. According to an article by Joseph Chris, Mark Zuckerberg's leadership style is constant innovation and growth, challenging employees to think and react quickly, and creating an environment in which employees can express their ideas. Zuckerberg has a democratic leadership style. Facebook currently has a flat organizational structure with fewer levels. Removing layers from the organizational structure has helped reduce costs, improve communication and create more flexibility within the organization. Facebook's recruitment strategy consists of,.