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Strategic Leadership and Stakeholder Management

   

Added on  2023-01-18

14 Pages3210 Words73 Views
Professional DevelopmentLaw
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Student Name
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Strategic Leadership
and Stakeholder
Management
MARK ELLIOT ZUCKERBERG
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Table of Contents
Introduction..............................................................................................................................1
Early life and rise of Facebook...............................................................................................2
Personal traits...........................................................................................................................3
Leadership style........................................................................................................................4
Mark’s struggle and Stakeholder criticisms..........................................................................6
Recommendations....................................................................................................................7
Conclusion.................................................................................................................................8
References.................................................................................................................................9
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Introduction
A framework which connects citizenship, global leadership along with stakeholder
management encompasses new leadership roles and skills, on the other hand, enhances
structural forms that emerges while managing diversified stakeholders. Global business
leaders are considered as an individual who integrates different perspectives regarding
organisational issues to transform them into opportunities for bringing organisational
developments (Davila, Lluesma, & Elvira, 2013). This report will analyse leadership style of
Mark Zuckerberg who is most popularly recognised as a creator of famous social networking
site, Facebook. He is also known as one of the youngest billionaires worldwide and was able
to make his dream come true at a very young age of twenty-four. With strong visionary
power and innovative skills, Mark became an inspiring entrepreneur for the world and poses
a self-made net income of around US $ 6.9 billions (Biography.com, 2019). Mark had to face
many struggles and pitfalls that came in between him and his success, but with strong
entrepreneurial skills and leadership traits he was able to surpass them successfully (Walter,
2014). Mark had to face many criticisms for issues seen in his company that will be discussed
further in this report along with analysing his leadership style to make recommendations that
can assist him in upcoming years.
Early life and rise of Facebook
Mark Elliot Zuckerberg belongs to a well-educated family and was born on 14th May
1984 in New York’s small village named Dobbs Ferry. Mark showed keen interest in
computer programming from very tender age and used technology named Atari Basic for
making computer-based program named ‘Zucknet’ that was able to send and receive
messages. This program helped his father in his clinic while his receptionist could inform him
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about new patients’ arrival without crossing the room each time. Slowly, other family
members also started using ‘Zucknet’ for communication purposes (Astrum People website,
2018).
The concept behind Facebook came into Mark’s knowledge in 2004 February while
he studied in Harvard University. His idea was to publish annual student’s directory present
in Harvard directory room, where he uploaded profile headshot pictures that could be
accessed by all faculty as well as staff members. He named this networking concept as
‘Facebook’ that was initially supposed to assist students as they had issues in communicating
with each other at that time (Astrum People website, 2018). However, as the time passed and
story about his innovative idea spread, other roommates and university students showed
interest in it thereby making his technology and initial idea an instant hit among youngsters.
His passion for connecting people with the help of technology and advanced tools assisted
him to surpass initial struggles and pitfalls. Slowly, Facebook was transformed into a giant
company and wider social networking site was created through capital investments and other
business-related components (Biography.com, 2019).
Personal traits
Contemporary psychology theories acknowledge that few leaders are motivated by
values and goals, but others are motivated out of greed or egos (Dirzyte, Patapas, & Smalsys,
2013). Nevertheless, Caligiuri & Tarique (2009) states that effectiveness in global leaders can
be facilitated only if they pose transnational competencies or global mindset to confront
organisational challenges along with stakeholders’ criticisms that might inhibit their ability to
work efficiently. Personal traits, on the other hand is more practical concept of personal
character concerning those which influences individual behaviour through perpetual expertise
and attitude. Mark’s personal traits reveals that he is a strong, adjustable and humble leader
Strategic Leadership and Stakeholder Management_4

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