Tuesday, April 14, 2020
Mark Zuckerberg Says This Habit Makes Him Successful
Mark Zuckerberg Says This Habit Makes Him Successful âThe Secret Life of CEOs,â a six part podcast series by the people behind Freakonomics Radio, is packed with tasty little thought nuggets from some of the most celebrated executives in the world, like Richard Branson, PepsiCoâs Indra Nooyi and G.E.âs Jack Welch. Oh, and Facebook founder and CEO Mark Zuckerberg. In the newest episode, host Stephen Dubner chatted with the social media titan, who revealed that he has come along way as a manager â" and thereâs one important takeaway a boss or manager can do to make his or her company a better place to not only work at â" but thrive. In Facebookâs early days, listeners learn, Zuckerberg was a notoriously bad listener. âI thought he showed an incredible audacity to not learn and listen as a leader,â says Jeff Sonnenfeld, a leadership scholar at Yale. âOh my gosh, has he changed. And heâs had a great board, great mentors, and also heâs just been a great learner. He has been remarkably different now as a leader than he was when he first became CEO.â What changed, exactly? In Zuckerbergâs words, it was only a matter of trust. He started green lighting more ideas, and stopped outwardly dismissing the ones he disagreed with. And once he relinquished some of his control, Facebook became the social networking legend it is today. Hereâs the exchange he and Dubner had: ZUCKERBERG: I actually think the most important thing is what decisions and what processes on a day-to-day basis you choose to let people have the freedom to do, and just not get involved with. A huge part of how Facebook works is giving a large amount of freedom to our engineers at the company, and to people who use the product to make with it what they will. And trusting people to do that, rather than â"â" DUBNER: Was that hard for you to get to, or ⦠? ZUCKERBERG: I think itâs hard every day. Because when youâre running something, you, of course, have the ability to make as many of the decisions as you would like. The real art is not â" not when you know that you have someone who is a superstar, who is going to make great decisions, but deciding to let people do things that you disagree with, because on principle, and itâs just going to free up more creativity and people will feel like thereâs more potential to try different things in the future that may be better, if you let them go do those things, even if you disagree with them.
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