facebook final
TRANSCRIPT
ETHICS AND SUSTAINABILITY
PRESENTED BY GROUP 8
TEAM: SUBMITTED TO:NIDHI MISHRA PROF. (DR.) PAWANPANKAJ JOTWANIANANYA SENGUPTAABHISHEK SHARMAHITKARSH SRIVASTAVAPRIYAL SAHUKAR
Type of Organization: Public CompanyIndustry: Internet (Social Media)Headquarters: Menlo Park, California (US)Founded on: Feb.4, 2004Founder(s): Mark Zuckerberg (53%- Owner) Eduardo Severin Andrew McCollum Dustin Moskovitz Chris HughesSubsidiaries: Messenger, Instagram, WhatsApp Oculus VRRevenue: $17.928 billion (2015)
STARTED FROM THE SCRATCH
• ON OCT.28, 2003, MARK ZUCKERBERG WROTE A PROGRAM CALLED ‘FACE MASH’ WHILE ATTENDING HARVARD UNIVERSITY.
• FEB.24, 2004: FACEBOOK WAS LAUNCHED AS “THE FACEBOOK”• JUNE 2004: FACEBOOK GOT IT’S FIRST FUNDING FROM PETER THIEL, THE CO-FOUNDER OF
PAYPAL• ON SEP.26, 2006, FACEBOOK WAS OPENED FOR EVERYONE ON WORLD WIDE WEB (INCLUDING
INDIA) ABOVE 13 YEARS OF AGE • FACEBOOK, INC. HELD ITS IPO IN FEBRUARY 2012, AND REACHED AN ORIGINAL PEAK MARKET
CAPITALIZATION OF $104 BILLION• AT PRESENT THIS SOCIAL MEDIA GIANT IS CONNECTING AROUND 1.79 BILLION USERS ON A
MONTHLY BASIS WITH A WORKFORCE OF 15,724 EMPLOYEES (SEP. 2016)• THE OPERATING INCOME OF FACEBOOK IN THE PREVIOUS YEAR (2015-16) STOOD AT
US$6.225 BILLION
BUISNESS AND PRODUCTS
NEWS FEED
MESSENGER
FACEBOOK LITE PAGES
PROFILE
PRODUCTS
BE BOLD• “The riskiest thing is to take no
risks.”
• Encourages its employees to take decisions
FOCUS ON IMPACT• Focus on solving the
biggest problems to have the biggest impact
• Expect everyone to find the biggest problems
MOVE FAST• CULTURE OF BUILDERS
• LEARN FAST AND BUILD MORE THINGS RATHER THAN MOVING SLOW AND LOSING OPPORTUNITY
BE OPEN
Everyone has access to as much information about the company as possible.
BUILD SOCIAL VALUEFOCUS ON BUILDING REAL VALUE FOR THE WORLD
TO MAKE THE WORLD MORE OPEN AND CONNECTED
“Facebook Personnel,” are expected to act lawfully, honestly, ethically, and in the best interests of the company while performing
duties on behalf of Facebook. This code provides some guidelines for business conduct
required of Facebook Personnel
RELATIONSHIP OUTSIDE BUISNESS
AND CONSULTING ENGAGEMEN
TS
SERVING ON
BOARDS AND
SERVING IN OTHER
COMPANIES
Gifts & Entertain
ment
Corporate Opportuni
ties
Potentially
Conflicting
Relationships
CONFLICT OF
INTEREST
• HARRASMENTS
• COMMUNICATIONS
• PUBLIC DISCLOSURES
FINANCIAL INTEGRITY AND RESPONSIBILITY
CONFIDENTIAL INFORMATION
PROTECTION OF USER DATA
PROTECTION AND USE OF FACEBOOK ASSETS
COMPLIANCE WITH LAWS
Anti Corruptio
n
International Trade
Lobbying and
Campaign Finance
Competition
Insider Trading
Environmental
Health and
Safety
REPORTING VIOLATIONS
POLICY PROHIBITING RETALIATION
AMENDMENT AND WAIVERS
CONCLUSION
THANK YOU