Every dark night has an ailing day....
Decisions made in haste can only cause trouble for future. Some can predict it and some who predict will face it. With the power of Digitalization being spread all over like fire which popularly took pace from one of the most surfed and searched social media channel “Facebook:” When the CEO of Facebook- Mark Zuckerberg announced its healthy wealthy step towards holding out a helping hand to make India Digitally able and handicapped. But that’s not all. Who would have thought that a person was taken to be as “Papa of Facebook” will one day be asked to step down from his throne? Yeah, the news may not please you but the hard fact digesting news is Mark Zuckerberg is asked to step down from his post of the board of directors and end his term as the company’s CEO. This news may shock you because this is one of a kind incident which did not find space in the newspapers earlier. The proposal that asks him to do so has been set forth by the members of corporate watchdog group SumOfUs who hold some stake in the social media site.
With Facebook users eventually increasing with every passing dome making the current stats to 1.86 billion users monthly was only possible because of the stern leadership of Mark. According to shareholders, an independent chairperson would be able to oversee the work of the company, improve corporate governance and set forth more accountable agenda. They believed that this ‘constructive ‘decision of them will surely act beneficial for future. Their basic aim behind this verdict was that by electing a soul chairperson who can balance between the work of a CEO and board member. Burdening up these 2 roles in one person will weaken the corporate governance which will at last prove disastrous for the company. The move is said to be criticized at a higher level as the current position of the social site is all because it was under the thorough guidance of Zuckerberg. This facts and reports are based on Media reports which give you a wide account but probably there could be more to it which is still kept in dark, probably which can be found back stage. Maybe these could be a part of a bigger picture. Several rumors can be heard like Mark Zuckerberg losing his job as CEO. According to media reports, about 333,000 people have signed the petition requesting facebook to remove its corporate citizenship. But only 1,500 out of 333,000 are shareholders in Facebook.
With all these hustle-bustle happening, Zuckerberg had various interpretations of this decision. According to Mark, the decision would solely reflect the future of Facebook. Facebook shareholders may think about the present neglecting the further repercussions. Irrespective of the petition filed against the founder and the Chief Executive Officer of Facebook. Mark Zuckerberg will not affect hard as Zuckerberg holds a substantial amount of shares and possess major stand in the policy making of the company. So now it all depends upon the will and wishes of the shareholders whether their dimwit decision will how longer make them play a safer game.
Very Well written.... I like the idea of the template (Content) :-)
ReplyDeletePrachi Sum of us is a global advocacy organization for online community that holds big corporations accountable. This news of Mark leaving has no validity, since this news generated by the online community organization is just questioning Marks position but that in no way affects his holding in the company. This news is untrue n has no bearings , but like all big companies that goes through pitfalls do dies this too.
ReplyDeleteThank you for your valuable comment. This news may not hold any significance in the newspapers or any other place but it did when we talk in terms of social media sites and various online generated web portals. This news cannot be completely termed as "untrue" or "fake" and cannot be completely ignored. That what I said you only know what the media guided you..behind the scene story is still unsaid and unrevealed.
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