Analysis of Uber's Innovation and Business Development Strategies

This report examines Uber's innovative strategies and business development, focusing on its approach to the service industry. It explores how Uber utilizes disruptive technologies, such as cashless transactions and the potential of autonomous vehicles, to gain a competitive advantage. The report analyzes the company's business model, addressing its ability to adapt to market changes and maintain a strong client base. It highlights the importance of employee training and partnerships in enhancing service delivery and increasing revenue. The report concludes with recommendations for continued innovation, emphasizing technological advancements to improve transparency and provide effective employee training. The report also analyzes the impact of the company's services on the clients and how the company maintains its competitive advantage in the market.

Running head: PRODUCT INNOVATION – CONCLUSION
PRODUCT INNOVATION – CONCLUSION
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Author Note

1PRODUCT INNOVATION – CONCLUSION
The above discussion might be concluded on the note that Uber has been utilizing the
disruptive trend in the development of the company in discussion. The company is known to be
maintaining a proper increment in the innovation strategies that are implemented within the
organization in order to develop a proper working culture within the organization as well as
serve the organizational clients in a better manner. The company is known to have been adapting
to the measures for the development of the service industry that uses a greater amount of
technology. The company is observed to be exploring the various facets of the implementation of
the technology within the given organization. The business model that is followed by the
competitors of the company might lead to the decline in the footfall of the clients. This is due to
the fact that the clients might not be able to deal with the sudden surges within the price. The
sudden surges might help in the development of the interest of the driver partners associated with
Uber but proves to be not beneficial for the clients of the company thereby leading to the
decrease in the number of clients of the organization.
The company, Uber, has been providing cheaper rides to the clientele of the company.
The company does not bear the responsibility for the maintenance of the vehicle or the other
expenses that need to be maintained for the proper condition of the vehicle. The company is
known to have been serving the clients of the organization with the inclusion of the various
different activities within the organizational services in order to attract the potential clientele as
well as retain the existing clientele of the company. The company is further found to be
introducing the partnerships within the services that it provides to the clientele of the company.
The company is observed to have been looking for the proper partnerships within the industry in
order to deal with serving the clientele of the organization with the required services. The

2PRODUCT INNOVATION – CONCLUSION
company has been undertaking the required measures for the different categories of services that
are extended by the organization.
The company is further known for the various innovative measures that are undertaken
by the organization in discussion. The innovative measures that are undertaken by Uber tends to
help in the increase in the services of the company in the given markets thereby leading to the
increase in the revenue that is earned by the company. The implementation of the cashless modes
of transactions as a media for the collection of the payment in exchange for the services
provided.
The company is found to be at an advantageous position due to the incorporation of the
shared autonomous vehicles within the fleet. The company might be advised to deal with the
innovation by implementing the technological factors that would enable the clients of the
organization gain a proper transparency in the delivery of the services offered by the company in
discussion. The company might be advised to impart the proper and effective training to the
employees of the organization. This in turn might help in the attainment of the situations wherein
the employees and the driver-partners who have been associated with the organization would
benefit in terms of following the goals that have been set by the management of the organization.
The proper training of the employees would help in the retention of the clients of the
organization as well as serve in attracting potential clients as well. This in turn would help in the
increase of the competitive advantage of the company in the international markets.