Internal and External Factors Paper1
Uber - Internal and External Factors
Jayson MacGheez
MGT/230 Management Theory and Practice
February 14, 2015
Grady Rubenstein
Uber - Internal and External Factors
Even though government regulations are needed to structure Uber 's ridesharing service, Uber 's is a massive company which is now valued at $40 billion dollars because Uber 's internal and external planning represents a true disruptive innovation and Uber 's model for delivering transportation services are poised to dramatically increase the size of the livery globally.
Uber - Internal and External Factors
Uber 's is a massive company which is now valued at $40 billion dollars, likely making its CEO Travis Kalanick a billionaire. Uber was the third in a series of startups Kalanick had helped get off the ground and the first that has been truly successful. It took Kalanick years to get where he is now. At one point before Uber even existed, Kalanick was filing for Chapter 11 bankruptcy and sleeping in his parents ' house. Kalanick’s planning activities included analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies, and determining the resources needed to achieve the organization’s goals. These plans set the stage for action and for major achievements within Uber’s business model. Many corporations operate worldwide, transcending national borders. Globalization means that a company’s talent can come from anywhere. Companies that want to grow often need to tap international markets, where incomes are rising and demand is increasing (Bateman, Snell, 2011). Uber represents a model of delivering a service where the market entrant is making a previously inaccessible service cheaper and more accessible. Uber’s “private drivers” might not have the personal touch of expensive services like Boston Coach, but they are available at a fraction of the cost. Through UberX, they are
Jayson MacGheez
MGT/230 Management Theory and Practice
February 14, 2015
Grady Rubenstein
Uber - Internal and External Factors
Even though government regulations are needed to structure Uber 's ridesharing service, Uber 's is a massive company which is now valued at $40 billion dollars because Uber 's internal and external planning represents a true disruptive innovation and Uber 's model for delivering transportation services are poised to dramatically increase the size of the livery globally.
Uber - Internal and External Factors
Uber 's is a massive company which is now valued at $40 billion dollars, likely making its CEO Travis Kalanick a billionaire. Uber was the third in a series of startups Kalanick had helped get off the ground and the first that has been truly successful. It took Kalanick years to get where he is now. At one point before Uber even existed, Kalanick was filing for Chapter 11 bankruptcy and sleeping in his parents ' house. Kalanick’s planning activities included analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies, and determining the resources needed to achieve the organization’s goals. These plans set the stage for action and for major achievements within Uber’s business model. Many corporations operate worldwide, transcending national borders. Globalization means that a company’s talent can come from anywhere. Companies that want to grow often need to tap international markets, where incomes are rising and demand is increasing (Bateman, Snell, 2011). Uber represents a model of delivering a service where the market entrant is making a previously inaccessible service cheaper and more accessible. Uber’s “private drivers” might not have the personal touch of expensive services like Boston Coach, but they are available at a fraction of the cost. Through UberX, they are
References: Bateman, T. S., & Snell, S. A. (2011). Management: Leading & collaborating in a competitive world (9th ed). New York, NY: McGraw-Hill Irwin. http://www.bloomberg.com/news/articles/2015-02-02/exclusive-google-and-uber-are-going-to-war-over-taxis http://www.businessinsider.com/travis-kalanick-uber-backstory-2014 10?utm_content=buffer71282&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer http://www.cnbc.com/id/102194673#. http://www.cnbc.com/id/102249416 http://www.forbes.com/sites/jonathansalembaskin/2014/11/29/facebooks-privacy-basics-illustrate-opportunity-for-twoway-conversations/ https://hbr.org/2014/12/making-sense-of-ubers-40-billion-valuation