Feb 16, 2022 11:15:00

Facebook's Meta defines corporate value as 'Move Fast,' 'Live in the Future,' 'Meta, Metamates, Me,' and more. Mark Zuckerberg explains

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Billionaires Success

Mark Zuckerberg, CEO of Meta, who has changed the company name with a focus on Metaverse , announced that it has renewed its corporate philosophy. The new corporate philosophy that has been released includes slogans such as 'Move Fast', 'Live in the Future', and 'Meta, Metamates, Me'. You can see what kind of vision Meta has.

Facebook parent Meta wants workers to be'metamates' --The Washington Post
https://www.washingtonpost.com/technology/2022/02/15/facebook-meta-metamates/

Out With the Facebookers. In With the Metamates. --The New York Times
https://www.nytimes.com/2022/02/15/technology/metamates-meta-facebook.html

Below is the actual post by CEO Zuckerberg.


The first paragraph says, 'As we enter the next chapter as Meta, we have updated the values that should guide our work. The following is addressed to our employees, but we would like to share it with the community and publish it. It is useful to let people know what it is like to work at Meta and how Meta is different from other companies. ' So I will tell the general public.

According to Zuckerberg, the company's philosophy has been renewed for the first time in 15 years since 2007, and it has had a widespread impact on Meta becoming a decentralized company and having a global community in the last 15 years. We have made changes in various aspects, such as the fact that we have become able to reach the target. And now that the company name has been changed as Meta, it is time to update the valuable and cultural OS, and it seems that he decided to change what it means to work at Meta.

In this renewal of our corporate philosophy, Zuckerberg's slogans are 'Move Fast,' 'Focus on Long,' 'Build Awesome Things,' and 'Live in.' 'The Future,' 'Be Direct and Respect Your Colleagues,' and 'Meta, Metamates, Me.'

'Move Fast' simply means 'what you can do today will not be turned tomorrow', such as prioritizing building / learning things faster than others, and organizing obstacles. It involves removing the target and constantly improving the processing speed of the top priority. 'Focus on Long' should prioritize long-term thinking rather than optimizing for short-term wins, and will have the most impact, even if the results are years later. The content is that you should challenge what you have.

'Build Awesome Things' isn't just about Good, it's about shipping products like Awesome. 'We have already created something that will be useful to billions of people, and now we will focus on what impresses people.'

'Live in the Future' is a little more specific and says 'commit to decentralized work.' Decentralized work is a concept that is an extension of remote work, and the word 'distributed' is used, which means to disperse what was previously organized, not just 'remote'. As shown by, it refers to a paradigm shift in which the entire organization is 'distributed' and united, rather than simply replacing work attendance with remote work. According to Zuckerberg, 'In distributed work, geographic constraints do not hinder opportunities, and we are the first to adopt futuristic products as if we were there to help users wherever they were. I can do it. ' 'Be Direct and Respect Your Colleagues' is about creating a culture where employees are willing to respect each other, share feedback, and talk openly with each other.

And the most talked about slogan is 'Meta, Metamates, Me (Meta, Meta Friend, and myself)'. This slogan is a phrase that can hardly be understood except by rhyming, but the content is 'Be a good understanding of the company itself and the mission that the company advocates', so in short, I consciously kept the above slogan. It seems that the idea is to go. 'Each employee cares about his colleagues and is responsible for the company's success,' Zuckerberg said.

Although this new slogan is superficially accepted by employees, it is said that even employees are actually questioning, 'We have changed all the names, but it creates confusion. It has even been reported that there are opinions from within the company that 'I don't know how this will change the company,' 'I have a sense of militarism,' and 'I feel like I'm on a mud boat.'

Meta's stock price plunged 26% from the previous day around February 3, 2022, and the market capitalization of 27 trillion yen was lost in just one day. It set a new world record for market capitalization that blew away in one day. Stock prices have shown no signs of recovery since this day, and are stabilizing at the prices at the time of the plunge.