In corporate world, as in day to day business dealings, particularly with financial matters or in hardcore negotiations, there always a palpable struggle and simmering tension between the departments/people. On one hand, finance always tries to cut down the slack and on other hand marketing paints very rosy picture about need for spending money.
At times, people play game of one umpanship. Its fascinating to learn, how Facebook COO (Sheryl Sandberg) and CFO (David Ebersman) cut each other, live on stage. Its incredulous yet very interesting to know, how to get even, with your boss without being rude. Only time will tell what happens next, but at least we can appreciate the american culture of openness. Below is the excerpt of recent conversation between them.
Facebook COO Sheryl Sandberg and CFO David Ebersman took the stage to discuss Facebook’s advertising business at the Goldman Sachs Technology and Internet Conference in San Francisco on Monday night.
There was a funny moment between them that perfectly encapsulated the power struggle that every exec has with the the purse-string holder. Ebersman was being asked by the Goldman Sachs interviewer about how he decides to pay for Facebook’s new projects because that stuff “costs money.”
Sandberg interrupted, saying, “David never asks us about that. He’s always like ‘No.'”
The audience laughed and the question was posed again. Ebersman said with a smile, “I have to digest Sheryl’s insult first.”
Later in the conversation, Sandberg, clearly trying to make it up to Ebersman, told another story, and he was able to slam her back:
I remember when David joined four and half years ago and he wanted to do a three-year budget. We looked at him like he was insane. I’ll be glad if I could predict three weeks. … But he got me there by saying ‘We’re going to do it as hackathon project.’ We have these hackathons where people stay up all night.
It’s the first and only one I’ve ever done in my six years at Facebook.
I went home at like 10:30, which was late for me. By morning we actually had a draft of something that became a really rigorous three-year budget.
To which Ebersman responded: “I’m tempted not to mention that the hackathon started at 9.”
In other words, Sandberg skipped out pretty quickly, which defeats the purpose of a hackathon.
“I still had to stay up past my bedtime, but it’s true I only stayed for an hour-and-a-half. I gave great insight in that hour-and-a-half,” she joked.
Courtesy : Businessinsider.com