Uber is of course not my company. But as an innovator, an emerging business they’ve had their challenges in the past. You’re going to get some backlash if you live by the motto “Disrupt first; ask questions later.” They’re still facing challenges with the City of London firm on their ban of Uber’s ridesharing service.
The Uber board has installed Experia’s former CEO, Dara Khosrowshahi as their new CEO to turn things around. I was reading this news article about his response to London’s stance – Uber article.
There’s some real insights into emotional intelligence in his leadership, as he responds to the challenges his company is facing. It’s worth taking the 2 mins to read it.
I found it helpful as I ponder how the CEO of Phosphagenics is waking up this morning. For him there is no place to run and hide. The music is playing and he has to face it front on. I haven’t seen any further public statements from him. I imagine his staff have been more properly briefed. I feel for him at a personal level. Whether or not it was his decision to stand up for what they believed was right for the company in the Mylan case, he is the one who is tasked with continuing to lead the company because of it. Standing up for what you believe in can have very difficult consequences and repercussions. And not just for those leading; for those they’re leading as well.
In amongst the financial devastation of the current Phosphagenics story there are people – real people – with families, debt, hopes & dreams. People who are working to create a better future for others through their research. Its a very uncertain future they’re facing right now.
And right now I know how they’re feeling. Having lived through two companies that have gone to the wall it is hard for me to not think first of them. Life does go on, but it’s at a cost. Emotional intelligence is the quotient to which the cost is measured, inversely. High EQ = high resilience, less resistance.
It is possible to grow your EQ. It can be learned and life is a great teacher.
Phil @ living & learning 
He will need to draw on his EI for this latest one too…
https://edition.cnn.com/2018/10/22/tech/uber-head-of-corporate-development-resigns/index.html
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Thanks for the interesting link Amanda. People management in a business would beceasy if it wasn’t for the people.
I was impressed to see some contrition…
“In a statement to the Journal in September, Poetzscher said he was “rightfully disciplined” by his employer. “I deeply regret and have learned from this error in judgment,” he said.”
That’s the first step – taking responsibility for your own actions.
Seems like the decisions are already made for him. Now who to get to replace him. The CEO will need IQ and EQ together to sort that out.
Thanks for commenting.
Phil
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Hi Phil, last year I compared the Uber / Taxi employees situation in London in my HR subject. I did not realise that the government have come this far with their decision. Thanks for the insight!
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