Mark Zuckerberg could ruin Meta, says Harvard expert Bill George.| What will happen to Meta now?

Bill George, a professor at Harvard University said that Mark Zuckerberg could ruin Meta’s company:

One of the richest people in the world and the CEO of Metaverse has been big accused of this. But now the question is who is Bill George? And why do they think that Mark Zuckerberg can ruin the   Meta, while Mark Zuckerberg has created this company? First, we give you information about Bill George.

Bill George is the former CEO of Medtronic, and the Author of the Best-selling book  "True North: Leading Authentically in Today's Workplace, Emerging Leader Edition". He has given five such habits which are not right for a company promoter in this book, and out of these five habits, three are such habits that are included in the habits of Mark Zuckerberg.

This means, out of these five habits, Zuckerberg has three bad habits. According to Bill George, Mark Zuckerberg is a boss with bad habits. According to the Bill George, the meta will fail, because of Mark's three bad habits, Mark cannot lead in any work. People are leaving the company because of Mark Zuckerberg, who has been working to derail meta with his decisions again and again.

According to Bill George, as long as Mark remains CEO of Meta Platforms, the company will continue to fail. Now you will think that Mark Zuckerberg, who is such a big man, has earned so much money through this company. How is all this possible without the ability to lead and why Bill George is making such allegations against Mark Zuckerberg? And which are those bad habits, so the first bad is that Mark Zuckerberg has not accepted their mistakes.

Bill George has been a critic of boards that focus more on talent than character. This means Mark hires employees who put more emphasis on style than work. Mark Zuckerberg argues about mistakes. Mark doesn't take responsibility for mistakes and doesn't try to learn from them. Giving an example, when George reported that Meta's market value lost more than $232 million in February, Zuckerberg blamed Apple for this in privacy.

Attributed to the change and the challenge posed by platforms. Refusing to take advice, is the second bad habit of Mark Zuckerberg. Zuckerberg's specialty is that he lives alone and refuses to take the advice of others. Meaning Zuckerberg does not take the critics and the feedback givers positively. The point to note here is that even if someone close to them warns them of the dangers to come, they ignore it.

A great example of this is when Facebook's early Mr. Roger McNamee warned him against collecting data and targeting people on Facebook, but he did not listen to them. As a result of which Facebook falls and also they suffered. The third bad habit is to give priority to profit rather than to the customer. According to Bill George, these are the habits within Mark Zuckerberg that are causing losses for the company.

This habit can ruin the company. Zuckerberg is a man who runs after luxury. They prioritize growth and profit over their customers. An example of what Bill George says is that In September last year, an investigation by the Wall Street Journal found that Instagram, a company owned by Meta, was increasing mental distress among children. 

However, the company denied these allegations. While other companies started tackling such problems, Meta shied away from ethical responsibilities. These are some of the reasons that according to Bill George, if Mark Zuckerberg does not leave and remains CEO of Meta, then the company is bound to end. 

What will happen to Meta now?

Meta which was once known as Facebook. Nowadays his condition is going bad. Did the company not like being meta from Facebook? Maybe yes. Mark Zuckerberg was once, one of the richest people in the world, but today he is not on the list of top 10 rich people. but why? What are the reasons that Meta is slowly dying out?

We have already told you in our article that a HarvardUniversity professor had accused the Meta company of ruining it. Was that professor right, or is there any other reason?  Let's start with the news. It is believed that Mark Zuckerberg, the founder of Meta, has found it expensive to step into the world of Metaverse.

Although this year has been difficult for almost every tech giant company in America. But in the meantime, the wealth of the Chief Executive Officer of Meta Update i.e. Mark Zuckerberg has almost halved. According to the Global Billionaires Index, the net worth has decreased by $ 31 billion i.e. ₹ 5.66 million crores till March this year.

In the list of global billionaires, the net worth of Metaverse has decreased the most this year. Not only this, Mark Zuckerberg has reached the 20th position in the list of global billionaires with a network of $ 55.9 billion i.e. 4.45 million crores. This has been the lowest position in the news since 2014 and he is also behind three members of the Walton family and two members of the Koch family.

Mark Zuckerberg's decline in wealth shows that things are not going well with the company. In September 2021, Zuckerberg's net worth used to be $ 142 billion i.e. around ₹ 11.3200000 crores. Then the value of the share of his company Meta had reached $ 382 i.e. around ₹ 30459.

Now the price of the same share of Meta came down to $ 148 i.e. around ₹ 11802. If seen, less than two years ago, 38-year-old Mark Zuckerberg's net was $ 106 million, or about ₹ 8.450000 crores. Then only Jeff Bezos and Balbir Singh used be ahead of Zuckerberg in the list of global billionaires.

In September 2021, Zuckerberg started Meta and changed the name of Facebook to Metaverse. Since then, the company's bad phase started and the company's poor performance in the market has continued. In the current era, this company seems to be struggling to establish its foothold in the global market. On the other hand, they are also being blamed.

According to Harvard University professor Bill George, Mark Zuckerberg is destroying his Meta Company.  There are three bad habits of Mark Zuckerberg behind destroying the Meta. First, not admitting mistakes, refusing to take advice, and giving preference to profits over customers. 

Bill George says that as long as Mark remains in his position or remains in the company, no one can save the company from ending. But whether Mark's habits are also ruining the company or are the reason something else or wrong decisions taken in the company can be some big reasons for this. 

Do you think the flaws and bad habits that Bill George is counting on Mark Zuckerberg are correct? Whether the company promoter is right to have such bad habits or not. What do you think about this, please comment on our site www.tradeipohub.co.in. Thanks for reading.