I often talk to fellow CEOs about their development, and who they would like to have in a CEO peer group with them. Like most of us, they want someone who has already been down the road that they are traveling, and can point out the opportunities and landmines they may encounter on their journey. They typically think of someone who is more experienced (and older) than themselves who can challenge them and hold them accountable.
However, Joe Frontiera wrote an article in this week’s Washington Post entitled “Facebook’s leadership: Dissecting Mark Zuckerberg “ that challenges this notion that lessons must be learned from someone more experienced. In this one page article, he identifies lessons that can be learned from this 26 year old’s brief tenure as the co-founder and CEO of face book. Given Facebook has been estimated to be worth as much as $35B, these are lessons worth heeding. The one page article is worth a 5 minute read to learn more about the lessons highlighted below.
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The key lessons learned in observing a 26 year old, highlighted by Frontiera are:
- “Believe in the vision.”
- “Execution can trump innovation.”
- “Mistakes become mistakes when you let them.”
- “The Devil is in the details.”
- “Ownership matters.”