[Not single-page] Facebook staffers once told Mark Zuckerberg he needed to take “CEO lessons.” How Zuckerberg responded, and what it means for Facebook leading up to its IPO:
‘Basically, there are two ways to build an organization,’ a former Facebook employee explains. ‘You can be really, really good at hiring, or you can be really, really good at firing.’ Zuckerberg has been really good at firing. ‘We made some hires that weren’t the right ones. And we were pretty good at correcting that quickly. Mark deserves the credit for identifying and following through with that.’ In other cases, key personnel who were good fits simply got outgrown by the company. It can be even harder to jettison those kinds of employees, whose contributions have earned them the loyalty of business partners and colleagues. But here too Zuckerberg did not flinch.