Answer to Question #221818 in Management for Czwe81

Question

Detailed strategic leadership competencies of uber

Answer 1

Uber is an international taxi hiring company. The following are the strategic leadership competencies of Uber;

1) Hiring of smart cars in Uber service for a comfortable ride for the requesters. It is inexpensive and convenient ride for everyone who uses it. Uber is now opened in more than 665 cities within 77 countries around the world. Uber rides are very secure and safe. All the rides are being monitored by the system on backend internationally as well. No one can do fraud with the rides and sitting passengers in the rides. People can also track their ride through the application they uses to request for a car. Uber provides a satisfied atmosphere to both the requester and drivers as well.

2) Uber tracking system makes it more trust worthy and reliable for the requester and the company follow up on their employee’s working efficiency and consistency. Uber income depends on the work how much you do. The number of rides you take more the amount you earn. It is not a fixed salary job, but it is your own work plus salary job as well. The fare of rides depends upon the minutes and kilometers you traveled with the Uber car. The company calculates your minutes and kilometers you traveled with the system. There is a calculator present on its application, which calculates your fare’s amount.

3)Uber has some problems to face as it develops it's competitors. These competitors are a boundary between the progress and development of Uber company. Uber has many competitors in the market with the passage of time who are giving the same facility on relatively low fare rates. Uber was without CEO, which makes the issue of senior supervision at the time of any issue.Supervision in any company or business is very important for its improvements and rapid progress. Problems facing Uber are: their sale percentage is getting low. They take 50% of their amount from the driver they hired. This makes their revenue more but still they are facing financial issues. Uber has competitors’ issue as well. It competitors are offering same facilities but, on low rates.

4) The most important issue faced by the company is the amount of revenue and profit earned by the company and drivers as well. The challenges faced by the company related to this issue are the competitor’s arrival in the market. This problem has the biggest impact on the reputation of the company. People who invested their amounts in form of their cars registrations want their salaries on time and according to the rides, they travel. If they are not given their salaries on time then drivers will mistrust this company and started taking out their cars from registrations. Therefore, the company should try to compensate the losses bared by them because of rates policy in comparison with the other competitors in the market. Uber should make fair policies to avoid this issue in near future.