New game-plan for Uber

New game-plan for Uber

Dara Khosrowshahi spoke of what´s next for the industry giant, Uber.

Uber is looking at change, and it will be leaded by it´s new CEO, Dara Khosrowshahi.

Dara Khosrowshahi surrounded by Travis Kalanick and Uber staff in San Francisco. Image credit: Arianna Huffington/Twitter

Khosrowshahi, who led Expedia before engaging with the car-service-giant, spoke on Wednesday at San Francisco with the company staff about the game-plan the corporation must explore, as he stated:

“This company has to change. What got us here is not what’s going to get us to the next level.”

Taking on Uber, which has suffered notable damage in the past year, is no easy task, as problems such as seeing through foreign bribery laws, hiring a CFO, taking the company public and dealing with the already-delayed evolution on self-driving vehicles are already applying pressure.

Uber: looking for a new horizon

A leaked audio of Dara´s speech where spoke to his employees was shared, and in it he said:

“I’m not going to bullshit you, and I will ask you not to bullshit me” (…) “We’re in a battle here. I think everybody knows it. I’m here, I made the decision, I am all in, and I’m going to fight for you with every bone in my body.”

As for business, Dara Khosrowshahi plans on focusing on the core ride-hailing business to “pay the bills” and working with big corporate leaders to maintain the company’s popularity across the world.

Adding to the constant changes, Uber’s IPO timeline has been set by it´s new leader between 18 to 36 months from now, this means Uber is signaling a 2019 IPO at the earliest, which, according to Khosrowshahi, could help them regain market share from its rival Lyft.

The power of persuation

Uber may be experiencing many troubles, however, it is not a corporate giant just on the count of luck.

Even though Travis Kalanick, ex-corporate leader of the company, failed in managing a chaos-scenario, he does know where the bad-points are and how to convince the right people to come on-board and attend them.

When asked about how Kalanick convinced him to abandon Expedia and approach Uber, Dara Khosrowshahi explained how he was convinced by saying:

“He spun this web, this dream, of transforming cities and the transportation grid and deliveries and robots taking food from the street corner to the home. And it’s just this incredible vision. And I’m like, ‘Well, I sell airline tickets and you can download them onto your phone.'”

Changes are ahead, but Travis Kalanick and staff members at Uber believe they have just found the right man to manage the world’s most valuable private company, with a valuation of $68.5 billion (£53.1 billion).


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