Why Airbnb's CEO supports employee favoritism in the workplace [Yahoo! Finance]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Yahoo! Finance
In his 17 years running Airbnb , CEO and cofounder Brian Chesky says he's ignored popular leadership advice that he's found imprudent. Within that category is the belief that leaders shouldn't play favorites. He concedes that the idea of heralding certain employees has a negative connotation. “At most companies, there'd be a protest if the CEO picked [favorites],” Chesky said in a recent interview with Fortune . “It would be considered unfair and not systematic.” But Chesky argues that when done well, employee favoritism allows leaders to spotlight top performers , tap their skill set and knowledge for strategy planning efforts, and demonstrate to other employees who they should emulate To be sure, so-called favorites should be selected based on fair criteria and concrete success metrics rather than sheer cronyism. “You can have people making sure there's no unconscious bias , people keeping you honest, looking for disparate impact inside the organization. You can do a lot of s
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ABNB
News
- Home rentals group takes Barcelona's ban to EU Commission [Yahoo! Finance Canada]Yahoo! Finance Canada
- Airbnb, Inc. (NASDAQ: ABNB) had its price target raised by analysts at DA Davidson from $125.00 to $131.00. They now have a "neutral" rating on the stock.MarketBeat
- Why Airbnb's CEO supports employee favoritism in the workplace [Fortune]Fortune
- Airbnb urges Barcelona to reconsider crackdown on tourism rentals [Yahoo! Finance Canada]Yahoo! Finance Canada
- Airbnb urges Barcelona to reconsider crackdown on tourism rentals [Yahoo! Finance Canada]Yahoo! Finance Canada
ABNB
Earnings
- 11/7/24 - Miss
ABNB
Sec Filings
- 11/20/24 - Form 144
- 11/19/24 - Form 144
- 11/18/24 - Form 4
- ABNB's page on the SEC website