Comment on 5 tips from Mark Zuckerberg on how to run a company and manage your team

5 tips from Mark Zuckerberg on how to run a company and manage your team

Mark Zuckerberg is the richest billionaire in CaliforniaChris UngerMeta celebrated its 20th birthday earlier this year.Mark Zuckerberg has been running it since cofounding Facebook from his Harvard dorm room in 2004.Here are some of Zuckerberg's most notable business leadership and management principles.Mark Zuckerberg has been at the helm of Facebook, now Meta, since he created it in his Harvard dorm room 20 years ago.And though he's perhaps best known for his "Move fast and break things" mantra, he's since evolved the phrase and shared plenty of other leadership and management tidbits in the two decades he's been running one of the world's largest companies.Here's some of his most notable advice for managing teams and running a business:Be leanZuckerberg famously proclaimed 2023 a "year of efficiency" for Meta, saying he wanted the firm to "flatten" its organizational structure by way of "removing some layers of middle management.""I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," Zuckerberg said in an internal Q&A last year.Meta cut 11,000 jobs in November 2022 and slashed another 10,000 in March 2023.Founders, don't delegateZuckerberg said one of his "most controversial" leadership tips for business leaders is to avoid delegating responsibility."I kind of think the way a founder should work is you should basically make as many decisions and get involved in as many things as you can," he said earlier this year."That's something that I guess I've just gotten more confident in over time, is just sort of feeling like hey, yeah I can go deep on all this stuff and push it in a direction that I think, and yeah not everything is going to go well in the near term but you just learn, rinse, and repeat," he added.

 

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