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A small business can implement the "We do the right thing. Period" philosophy by establishing strong corporate governance, maintaining transparency in operations, and prioritizing ethical practices. This includes treating employees fairly, providing quality products or services, and maintaining honest relationships with stakeholders. It's also important to communicate this philosophy to all members of the organization and ensure it's reflected in their actions. This approach can enhance the company's reputation and foster trust among customers, employees, and partners.
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Over the next 18 months, Khosrowshahi systematically undid nearly everything Kalanick stood for. Khsrowshahi's first task was to repair Uber's relationship with its drivers. Next, he implemented the tip feature, which earned the company some goodwill. Khosrowshahi established strong corporate governance through the identification of an independent chairperson and the hire of strong CFO and legal compliance candidates. The core operating philosophy for Khosrowshahi was not Kalanick's "always be hustling." It was "We do the right thing. Period".
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Learn how Uber's growth was fuelled by obsessive product focus, broken rules, growth at all costs and minimal bureaucracy from the book that inspired ...
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