HMG Strategy's Hunter Muller: Is Facebook Giving the Tech Industry a Bad Reputation?
HMG Strategy's Hunter Muller: Is Facebook Giving the Tech Industry a Bad Reputation?
WESTPORT, Conn., April 9, 2018 /PRNewswire/ -- Last week's revelation that Facebook may have allowed a political consulting firm to harvest the data of 87 million users was yet another embarrassing moment for the world's best-known social media network. But as HMG Strategy Founder and CEO Hunter Muller points out in a new blog post, the ramifications of Facebook's actions are having a negative and far-reaching impact on the technology industry.
"Like many of my colleagues, I'm frankly concerned that Facebook's bad behavior is eroding the reputation of the tech industry," says Muller who last month published an article regarding Facebook's leadership void in the wake of the Cambridge Analytica scandal. "People I speak with at our conferences and summits tell me they are suspending or deleting their Facebook accounts. Most of the business executives I know were already wary of social media, and the recent string of alarming headlines validates their uneasiness."
As Muller points out in the blog post, organizations that collect consumers' personal data have a moral responsibility to keep it safe and secure. "Every entity that collects, stores, analyzes and distributes our data is responsible for making sure our data is not misused," says Muller. "This is not a new or radical concept. In fact, most companies already practice some form of data stewardship. The truth is that most companies would never allow themselves to be in the position that Facebook finds itself in."
Therein lies the crux of the problem, says Muller. Despite its high profile, Facebook does not represent the tech industry - nor should it. "There are hundreds of thousands of companies in the global tech industry. In many respects, Facebook is an outlier. Its values don't represent the values of the tech industry."
To read the full blog post, click here. To learn more about Hunter Muller and his thought-provoking insights, click here.
About HMG Strategy
HMG Strategy is the world's largest independent and most trusted provider of executive networking events and thought leadership to support the 360-degree needs of technology leaders. Our regional CIO and CISO Executive Leadership Summits, newsletters, authored books, and online Resource Center deliver proprietary research on leadership, innovation, transformation, and career ascent.
The HMG Strategy global network consists of over 300,000 senior IT executives, industry experts and world-class thought leaders. HMG Strategy's exclusive CIO and CISO Executive Leadership Alliance (CELA) program provides top-tier technology executives with unparalleled peer-to-peer off-the-record straight talk to strengthen their decision-making capabilities and accelerate their career ascent. The CELA program is complemented by the CELA Executive Decision Support services (EDS) which connects enterprise technology executives with their contemporaries who are able to offer their expertise, practical experience, and insights in disciplines ranging from effective C-suite communication strategies to crafting successful 1-3-5-year technology roadmaps.
Additionally, our partnerships with the world's leading search firms provide vital insights into the evolving roles of the CIO and CISO.
The HMG Strategy CIO Executive Leadership Series offers a completely unique experience for IT executives to gain the latest insights and best practices for driving increased business value through the use of IT and build invaluable relationships with peers and industry experts. The HMG Strategy CISO Executive Leadership Series is designed to provide information security leaders with the insights and best practices they need to tackle the most pressing cyber security challenges facing the enterprise today and going forward.
For more information on joining the strongest executive leadership network and exploring our independent, forward-thinking thought leadership platform, please visit www.hmgstrategy.com.
CONTACT: Tom Hoffman, 1-203-221-2702, tomhoffman@hmgstrategy.com
View original content with multimedia:http://www.prnewswire.com/news-releases/hmg-strategys-hunter-muller-is-facebook-giving-the-tech-industry-a-bad-reputation-300626757.html
SOURCE HMG Strategy
