Feeds

'One-trick pony' Zuckerberg yet to prove CEO worth

Show me the money... bitch

The Power of One Infographic

Mark Zuckerberg’s CEO abilities are glorified and the Facebook boydroid is yet to prove his worth, according to IT analyst house Forrester.

George Colony wrote on his 'The Counterintuitive CEO' blog yesterday that Zuckerberg was “a one-trick pony – a leader who has expertly refined and polished one very, very big idea – remaining unproven beyond the borders of that idea.”

In recent months Zuckerberg’s media profile has rocketed with the release of David Fincher’s Hollywood movie The Social Network, which the Harvard drop-out has largely dismissed as a fictitious account of Facebook’s early years.

Furthermore, the Zuck one leapfrogged Apple boss Steve Jobs in September to become one of Forbes’s wealthiest Americans, taking the number 35 spot in the top 100 list.

It said the 26-year-old had a net worth of $6.9bn, of which $4bn was dropped into his piggy bank this year.

But, as pointed out by Colony, he’s not actually worthy of such accolades yet.

“The great CEOs in technology navigate their companies through product change, brutal competitive threats, shifts in architecture, and highly fickle customers,” he wrote.

“Steve Jobs is not important because he had one creative moment. He is important because his creativity has yielded important products across three generations of customers and four unique generations of computing.”

At present the valuation of Facebook is “irrational” said Colony, because the world is still waiting for Zuckerberg to turn his business into a “monetary engine”.

The young upstart has a long way to go by Colony’s reckoning. Zuckerberg could yet become a CEO as respected as Amazon’s Jeff Bezos or else he might simply turn out to be more like Yahoo!’s Jerry Yang. In other words, a chief whipping boy for the Web2.0 generation. ®

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.