1 Company Proprietary and Confidential Copyright Info Goes Here Just Like This FACEBOOK – HRER 417 JUNE 30, 2011.

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Presentation transcript:

1 Company Proprietary and Confidential Copyright Info Goes Here Just Like This FACEBOOK – HRER 417 JUNE 30, 2011

2 Company Proprietary and Confidential Copyright Info Goes Here Just Like This About Facebook: Founded in February 2004, Facebook is a social utility that helps people communicate more efficiently with their friends, family and coworkers. The company develops technologies that facilitate the sharing of information through the social graph, the digital mapping of people's real-world social connections. Anyone can sign up for Facebook and interact with the people they know in a trusted environment. Introduction

3 Company Proprietary and Confidential Copyright Info Goes Here Just Like This More than 500 million active users 50% of active users log on to Facebook in any given day Average user has 130 friends People spend over 700 billion minutes per month on Facebook About 70% of Facebook users are outside the United States Over 2,000 current employees Facts

4 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Video: (Make an Impact) Introduction

5 Company Proprietary and Confidential Copyright Info Goes Here Just Like This 2011 – Employees’ Choice – 50 Best Places to Work (#1) 2011 – Forbes Magazine Best Company to Work For (#1) 2010 – The Worlds Most Innovative Companies 2010 (#1) 2009 – 50 Most Innovative Companies 2009 Awards

6 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Video: (Small Team, Big Impact) Attitude towards Work

7 Company Proprietary and Confidential Copyright Info Goes Here Just Like This “If you enjoy what you do, you will never work another day in your life.” ~ Confucius Attitude towards Work

8 Company Proprietary and Confidential Copyright Info Goes Here Just Like This The Good: Small teams of three or four people work together in creating products. Collectivist + Individualist Culture Work on a project/product that they are personally interested in making. Google vs. Facebook Affective Commitment – “Desire to Remain” Facebook Hiring Process Attitude towards Work

9 Company Proprietary and Confidential Copyright Info Goes Here Just Like This The Good: No promises are made to external customers, therefore there is no pressure to meet deadlines. Deliver great products to their users is the main goal of the engineers. Free Breakfast, Lunch and Dinner!! Attitude towards Work

10 Company Proprietary and Confidential Copyright Info Goes Here Just Like This The Bad: Limited upward mobility Facebook’s IPO Senior level executives leaving Facebook Employees are leaving Facebook and venture with their own start-up company Facebook often buys them later. Attitude towards Work

11 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Emotions

12 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Emotions-“Mental States that typically include feelings, psychological change and the inclination to act.” In a company culture emotions (joy, anger, and pride) are short lived responses to an event that change or alter work behavior or performance Emotions are infectious! Emotions

13 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Emotions

14 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Hack-A-Thon! Emotions

15 Company Proprietary and Confidential Copyright Info Goes Here Just Like This How effective can a culture that supports positive emotions be? Adding 700,000 new members per day Uploading 2,000 photos per second and over 40 billion photos per day Microsoft has 90,000 employees, Google has 20,000 employees and Facebook is working with a little more than 2,000 employees. Emotions

16 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Some Facebook Statistics One out of every 12 people on the planet have a Facebook account Growing at about 700,000 people a day Nearly half of Americans have an account NARCISSISM and ETHICS

17 Company Proprietary and Confidential Copyright Info Goes Here Just Like This November 2003: ConnectU Team meets Zuckerberg. He agrees to and begins to develop their website December 1, 2003 through January 8, 2004: Zuckerberg becomes increasingly aloof via January 11, 2004: Zuckerberg registers domain thefacebook.com January 14, 2004: ConnectU team and Zuckerberg meet again. Zuckerberg expresses doubt about their site. Does not discuss his own competitive site. February 4, 2004: thefacebook.com launches to Harvard students February 10, 2004: ConnectU team send letter to Zuckerberg, accusing him of breach of agreement and stealing idea May 2004: ConnectU website launches Summer 2004: Facebook raises $500,000 September 2004: ConnectU formally sues Facebook February 2008: Facebook and ConnectU settle for a reported $65 million June 2008: ConnectU appeals settlement June 22, 2011: ConnectU drops appeal NARCISSISM and ETHICS Creation of Facebook

18 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Profiling Mark Zuckerberg: Facebook Founder Known for having awkward social manner, doesn’t have charismatic characteristic According to Mark’s father “…If you were going to say no to him, you had better be prepared with a strong argument backed by facts, experiences, logic, reasons. We envisioned him becoming a lawyer one day, with a near 100% success rate of convincing juries.” He wants a “Facebookization” of the web. Every site you go to knows you and has a social context because you’re friends have been there and left their footprint, thoughts, comments. This can continue to other media like TV shows, organized by friends NARCISSISM and ETHICS

19 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Profiling Mark Zuckerberg: Facebook Founder NARCISSISM and ETHICS

20 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Does not believe the rules apply to him, as seen in the Social Network scene with Harvard Board Seems like he wants the world connected on Facebook Fired his best friend, result of new friendship with Napster founder Sean Parker Not clear that he needs it, but he does get it He stole the idea of Facebook from the ConnectU team Used his best friend, Eduardo’s family money to create Facebook along with others for programming etc. Was sued by former best friend and others but doesn’t seem to understand why Believes the ConnectU team is envious of him Unclear NARCISSISM and ETHICS Qualifications (needs five or more)

21 Company Proprietary and Confidential Copyright Info Goes Here Just Like This NARCISSISM and ETHICS Facebook CEO Mark Zuckerberg

22 Company Proprietary and Confidential Copyright Info Goes Here Just Like This FB privacy policy: We may use information about you that we collect from other sources, including but not limited to newspapers and Internet sources such as blogs, instant messaging services and other users of Face book, to supplement your profile. We may share your information with third parties, including responsible companies with which we have a relationship. Deleting account vs deactivating account Approach: ‘Facebook Bill of Rights and Responsibilities’ Consequential vs Character ethics Ethics

23 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Censorship: You will not bully, intimidate, or harass any user. You will not post content that: is hateful, threatening, or pornographic; incites violence; or contains nudity or graphic or gratuitous violence. Approach: Censorship Squad Safety Team Current Issue: Facial Recognition Technology/Tag photos Ethics

24 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Stress Management

25 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Time off 21 day PTO Unlimited sick days 11 paid holidays Family benefits Four months parental leave to attend the birth or adoptive placement of your child $4,000 'baby cash' to all new parents Day care reimbursement of $3,000/year for employees with children five or younger Work/Life Balance

26 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Micro-kitchens with free snacks Headquarters offers free breakfast, lunch and dinner in its Cafe. Food

27 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Free gym membership Ping pong tables, outdoor spaces, basketball courts, Game rooms (Wii, rock band, etc.) Recreation

28 Company Proprietary and Confidential Copyright Info Goes Here Just Like This Free 'Purple Tie' Laundry service: Laundry, dry cleaning, photo processing, and leather repair Internal Speakers Series: Weekly speakers from outside Facebook talk about their experience and what they're passionate about (Gloria Steinem, Arianna Huffington) Free Transportation: Shuttles to headquarters and public transit reimbursement Other Perks

29 Company Proprietary and Confidential Copyright Info Goes Here Just Like This “The most valued benefit to working at facebook is the ability to basically set your own hours, freedom to work from home when you want and as much as you want/can, and all this with little to no interference from management.” In their own words