5. Functions of HR managers in Facebook
o Workforce Planning
o Learning and Development
o Succession Management
o Policies and Procedures
o Reward and Recognition
o Compliance Management
o Talent Acquisition
o Employee Relations and Labor Law
o Performance Management
o Health and Safety
6. Key Executives of Facebook
Mark Zuckerberg
(Chief Executive Officer)
Sheryl Kara Sandberg
(Chief Operating Officer)
David M. Wehner
(Chief Financial Officer)
Mike Schroepfer
(Chief Information Officer)
Christopher Cox
(Chief Product Officer)
8. Matrix organization Structure:
Advantages
It provides flexibility to it’s multinational operations in the social media and online
advertising market.
This flexibility is a structural advantage that enables the company to easily respond to
market changes and trends.
Another advantage of this corporate structure is significant corporate control. For example,
corporate function-based teams are a characteristic that allows Facebook Inc. to maintain
control and direction on its operations worldwide. Moreover, the product-based divisions
support creativity and innovation in product development.
9. Disadvantages
Difficulty in implementing directives throughout the corporate structure.
This difficulty is due to variations in regional management initiatives,
based on the company’s geographical divisions. Still, these divisions are
necessary to ensure that the business satisfies sociocultural and political
variations among countries and regions.
Editor's Notes
Started by Mark Zuckerberg in 2004, as FaceMash then it was changed to TheFacebook and, eventually dropping "the" from its name, to Facebook.
Zuckerberg Founded it at Harvard Dorm Room along with fellow Harvard College students and launched the service for their classmates, quickly expanding the service across other Ivy League institutions and then farther afield to other schools.
The world of technology is just as competitive as it is innovative. Inside those tech companies, the work pressure can be very high and so HR needs to be innovative and smart in its approach.
A young and aggressive brand.leaves impression that Facebook leaves is that of a young brand in the making which is aggressive, energetic, passionate and hot; all at the same time. It feels more like a teenager trying to make a tough and sharp point. Technology environments can be full of pressure and managing your people is not just compulsory but can help you achieve an advantage.
One of the most important function of HR is they provide Managing your human capital requires focusing on several things from salaries to perks and a respectful environment. In some regards Facebook’s and Google’s strategies are similar. Both are driven by the strategy to create highest satisfaction for their employees.
Free food with great variety Facebook takes care of its employees’ taste and has made available a large menu with higher variety. Being a young company, the menu at Facebook is designed as per the taste of its employees. A large variety of ice creams, cookies, and other milk products and other kind of food including barbecue is available for the workers to tingle their taste buds.
Key characterstic is to address co. organizational needs,especially that of creativity and innovation.
Corporate function based –teams based on their business functions in managing organizational business needs. A senior manager or executive head lead each team. Corporate function based team are finance, operations, technology,marketing,legal,security etc.
Geographic division- uses these divisions in terms of the differ. In the use of social networking & online marketing.dynamics. For eg- latin Americas advertisers use socisl media differently than that of an Europe advertiser.hr is also managed regionally. Nortamerica, latin America, middle east, Europe &Africa,asia &south pacific. Doesnot have senior corporate ex. For every region.
Product base division- corporate or global teams that manage operations of specific products. Divisions-family of apps, new platforms, central pr. Ser.
