Uber leadership style was authoritative with co-founder and first CEO Travis Kalanick attempting to micromanage the company. The global transportation technology company had to face a leadership crisis due to incompetency of Travis Kalanick. Mr. Kalanick’s leadership style was criticized as ‘one-man-show’[1]. Moreover, it has been noted that “the sexual harassment claims, the bullying, the intellectual property lawsuit – are attributable to former leader Travis Kalanick’s brash take-no-prisoners, admit-no-errors leadership style.”[2] Scandals at the global taxi technology company escalated to an extent where Kalanick was pressured by investors to step down as Uber CEO in June 2017. The search for new CEO by the Board of Directors took two months and experienced leaders such as former CEO of HP Meg Whitman and former CEO of General Electric Jeff Immelts were shortlisted as potential heads of new Uber leadership. Expedia CEO Dara Khosrowshahi was chosen as a person to lead Uber effective from August 30, 2017. Dara Khosrowshahi was CEO of Expedia for 12 years and has proved himself as an effective business leader. Expedia’s stock has climbed more than 500% since the 2005 spinoff under the leadership of Khosrowshahi.[3] New Uber leadership is faced with a set of complex challenges that include improving organizational culture, building gender-balanced senior management team and improving relationships with drivers.[4] Changes made by Mr. Khosrowshahi so far include securing USD 7,7 billion investment from Softbank[5], emphasizing diversity and inclusion, acknowledging and apologizing for past misdeeds by the company.[6] At the same time, certain aspects of Khosrowshahi’s leadership of Uber have been subjected to criticism. First of all, Uber initial public offering (IPO) which took place on May 2019 has been rather unsuccessful. Shortly after the IPO, shares of the ride-hailing giant dropped by 11%, which was the biggest IPO first-day dollar loss in US history.[7] Moreover, certain analysts note…Uber Leadership: a brief overview
Friday, July 16, 2021
Research Methodology
Uber leadership style was authoritative with co-founder and first CEO Travis Kalanick attempting to micromanage the company. The global transportation technology company had to face a leadership crisis due to incompetency of Travis Kalanick. Mr. Kalanick’s leadership style was criticized as ‘one-man-show’[1]. Moreover, it has been noted that “the sexual harassment claims, the bullying, the intellectual property lawsuit – are attributable to former leader Travis Kalanick’s brash take-no-prisoners, admit-no-errors leadership style.”[2] Scandals at the global taxi technology company escalated to an extent where Kalanick was pressured by investors to step down as Uber CEO in June 2017. The search for new CEO by the Board of Directors took two months and experienced leaders such as former CEO of HP Meg Whitman and former CEO of General Electric Jeff Immelts were shortlisted as potential heads of new Uber leadership. Expedia CEO Dara Khosrowshahi was chosen as a person to lead Uber effective from August 30, 2017. Dara Khosrowshahi was CEO of Expedia for 12 years and has proved himself as an effective business leader. Expedia’s stock has climbed more than 500% since the 2005 spinoff under the leadership of Khosrowshahi.[3] New Uber leadership is faced with a set of complex challenges that include improving organizational culture, building gender-balanced senior management team and improving relationships with drivers.[4] Changes made by Mr. Khosrowshahi so far include securing USD 7,7 billion investment from Softbank[5], emphasizing diversity and inclusion, acknowledging and apologizing for past misdeeds by the company.[6] At the same time, certain aspects of Khosrowshahi’s leadership of Uber have been subjected to criticism. First of all, Uber initial public offering (IPO) which took place on May 2019 has been rather unsuccessful. Shortly after the IPO, shares of the ride-hailing giant dropped by 11%, which was the biggest IPO first-day dollar loss in US history.[7] Moreover, certain analysts note…
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