Facebook

Facebook

Issues Identified:
 Develop an organization strategy that could allow the company to keep up with the underlying growth metrics, while ensuring Facebook’s user experience was better than its alternatives.
 MySpace has a strong foothold in the high school market
o Facebook to expand? Into which market?
o
 Privacy and security
 How the introduction of senior and older management to the mix of employees would impact the website
 Doing something proactive to get college alumni on the site
 Many venture capitalists investing in social networking sites, resulting in massive inflow of finances to the technological industry and the rise of numerous Facebook-like utilities.

Additional Growth Opportunities (Zuckerberg):
 Expansion outside of US high schools and colleges
o Overseas colleges
o Developing an application in the local language
o Understanding the local cultures and student density
o Companies
 Licensing Facebook to groups and institutions
 Opening Facebook to Third-party applications development
o Utilizing Web 2.0, active surfing experience
o Regulate applications to prevent abuse of information which leads to good privacy and security control
 Having a technical infrastructure that is able to sustain the massive usage growth
 Providing users with wider options in controlling their personal privacy and hence, security.
o Setup a security group within the organization to ensure consistent levels of privacy in
 Designing a more appealing offering to its users as compared to competitors

Stakeholders: Accel Partners Competitors (MySpace, Bebo etc.)
Users (College students, high school kids)
Potential new userbase (Alumni, Companies)



May 2006

To the board of directors of facebook, a...

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  • Category: Business
  • Words: 514
  • Pages: 3

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