Are You Confident About Uber’s Corporate Culture Change?
Can Uber’s corporate culture change? Uber and its difficulties continue to dominate Silicon Valley business news as its corporate culture deteriorates despite former CEO Travis Kalanick’s recent ouster. The critical question is whether or not the needle on the culture dial can be moved significantly from the negative to the positive.
And can Uber’s corporate culture change happen fast enough to save the now over $70 million organization?
How Bad is Uber’s Corporate Culture?
First let’s see just how bad Uber’s workplace culture appears to be from the outside. Eric Holder, former US attorney general, was hired to investigate Uber’s organizational culture and make recommendations for improvement. Holder and his law firm were engaged after accusations of sexual harassment at Uber came to light. Shortly after, there was publicity around Uber’s evasion of law enforcement and a party at an escort-Karaoke bar in Korea for top executives.
Any one of these alone would cause a company severe embarrassment, but all three together pointed toward a truly potentially unhealthy workplace situation.
What Did Holder’s Report About Uber Conclude?
Holder’s report was scathing. To the Uber Board’s credit, they adopted all the report’s recommendations. However, adoption is one thing; implementation is another. So, can Uber’s corporate culture change?
Why Corporate Culture Matters
We know how hard it is to change a culture. Yet we know how much it matters.
Uber’s Corporate Culture Change
Does Uber have a prayer at combating their hard-to-change culture in time to rescue the firm once heralded as the world’s most valuable start-up? Uber’s corporate culture change is possible is they take the right approach for the right reasons.
Four Things Uber’s New Culture Must Be to Create Real Change
To effectively drive company strategy and attract, engage and retain top talent, a culture must be:
The Bottom Line
Uber’s future is uncertain. All we know for sure is that the Board needs to act without delay, convincingly, and with a genuine commitment to fix what is wrong for the long-term in order to create a healthier and aligned corporate culture.
To learn more about creating a high performance and purposeful culture, download The 3 “C’s” that Create a High Performance Culture
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