preview

How Culture Helps Drive Business Results Within Facebook

Better Essays

With the exponential changes in technology and continued evolutions to business, businesses exist today that we had no idea would be possible just a short time ago. The relatively new companies are found in the industry of Internet Information Providers and Social Media. These businesses are challenged on how they could possibly drive revenue and if growth was sustainable. Facebook and Twitter combine for a current market cap of 320 billion dollars. Proving thus far, that the industry has been successful. To get a better understanding and help compare the two companies, I will look at how culture helps drive business results within Facebook and Twitter. Then I will go on to discuss the operating performances of the two companies. …show more content…

The act to bring employees over to a new location for the sole purpose of setting up the culture shows how much emphasis Facebook puts on culture. Another practice that Facebook uses to help define culture is to let employees have a say in the culture. They do this for example, by letting the employees paint the office walls at new locations and help give specific names to the conference rooms. These practices allow the employees to literally create the culture and build a sense of ownership (Facebook Innovated Company Culture). A final major point of emphasis to the Facebook culture is that there is no hierarchy within the organization. This helps to promote the sharing of ideas from all individuals. The overall summary of the Facebook culture shows that it is a fun fast paced organization developed to draw the most out of creative young minds. Twitters’ culture has many of the same points of Facebook in regards to a fun fast paced atmosphere devoted to the younger generation of work force. However, twitter does have a few differences as well. Twitter was voted the number one culture and work place environment by its employees in a 2014 poll by glassdoor.com (Twitter Tops all In Culture). Some of the reasons that this might be true are that employees receive benefits such as unlimited vacations, yoga while at work and free meals (twitter Tops all in culture). Many of these amenities that other Fortune 500 companies would deem cost

Get Access