Here's why: A rationalizer who blames others ![]() Still, George says Meta is bound to fail as long as Zuckerberg remains at the helm. no one thought these guys could come back." And if you go back to 2018 to that horrible summer breakdown. the metaverse," Cramer said, adding that Meta has a track record of rebounding after stock dips, scandal and controversy. I think Zuckerberg's going to be able to pull off. "I know that this is probably out of fashion, I have total faith in Mark Zuckerberg. Given his past success, it might be unwise to bet against him, as CNBC's Jim Cramer said on "Squawk Box" in February. In doing so, he helped create the modern-day social media industry - a move he's attempting to replicate now by repositioning his company into the metaverse space. The Meta CEO is largely responsible for his company's meteoric growth to this point, transforming the company he co-founded in 2004 into a tech giant with a $450.46 billion market cap, as of Monday morning. Zuckerberg and Meta did not immediately respond to CNBC Make It's request for comment. And after decades of researching high-profile corporate collapses, he says he sees striking similarities to Zuckerberg and Meta today. In short, George says bosses that lose sight of their most deeply held beliefs, values and purpose as a leader - especially in the name of money, fame or power - are doomed to fail. George has spent the past 20 years studying leadership failures in the workplace, recently compiling those findings into a new book called, "True North: Leading Authentically in Today's Workplace, Emerging Leader Edition." 46."I think Facebook is not going to do well as long as he's there," George tells CNBC Make It. "He's likely one of the reasons so many people are turning away from the company. 33, and Costco Wholesale’s Craig Jelinek at No. 29, Goldman Sachs’ Lloyd Blankfein at No. Other familiar corporate names include Nike’s Mark Parker at No. This year’s list includes four female leaders - the most so far - In-N-Out Burger president Lynsi Snyder, Staffmark CEO Lesa Francis, Enterprise Holdings CEO Pamela Nicholson and Deloitte CEO Cathy Engelbert. Companies or CEOs might be subject to being manually excluded from the list if there is abuse of the reviews, which it determines on a case-by-case basis. Glassdoor’s community guidelines do prohibit incentivizing reviews, Dobroski says, and its “content services management team” checks reviews for fraud. Is it possible that as the annual list hits its fourth year, more companies could be filling the ballot box with positive votes about their CEOs? (The approval rating is set by employees answering a simple question about whether they do or don’t approve of the CEO a company’s CEO can only be considered for the list if there it has at least 100 reviews and at least an overall 3.0 employee satisfaction score.)ĭobroski says the Glassdoor employs both technological and human methods to prevent any gaming of the list’s results but would not provide much more detail about its processes, for fear that “it would give away how someone could game it.” Employees are feeling good in their jobs right now, they’re more happy with senior leaders, and they’re not hearing about as many job cuts.” “It’s natural to see those numbers go up when you look at the themes in the reviews,” he said. ![]() Glassdoor’s Dobroski says that’s likely a result of what has been - despite last week’s gloomier jobs report - a strong labor market. “The differences in these ratings are very, very miniscule,” he said. Glassdoor’s career trends analyst, Scott Dobroski, said the close finish had to be decided by looking beyond the thousandth decimal point. He squeaked into the top spot above two other CEOs who also had 99 percent approval ratings: another relative unknown, Ultimate Software CEO Scott Scherr, and another leader of a major management consulting firm, McKinsey & Co. Current and former Bain employees who filled out reviews on Glassdoor’s site over the past year gave him an approval rating of 99 percent. A 30-year veteran of the firm who led a robotics company before joining Bain, Bechek took over its leadership in 2012. This year, the highest rated CEO is much less well-known, at least outside top executive suites.īob Bechek, the worldwide managing director of Bain & Co., the management consulting firm, was ranked highest on this year’s list. Google (now Alphabet) co-founder and chief executive Larry Page.įor the past three years, these well-known Silicon Valley CEOs topped Glassdoor’s annual list of the chief executives with the highest anonymous approval ratings from employees on the career website. Digital Replica Edition Home Page Close Menuįrom Bain and Co.Bob Bechek, CEO of Bain and Co., was voted as the best CEO in the United States.įacebook founder and CEO Mark Zuckerberg.
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