Uber’s Licence Loss Shows Impact of Toxic Tech Culture on Innovation

Entrepreneurs / 26th September 2017

Uber has been stripped of their licence to operate in London due to what Transport for London termed ‘lack of corporate responsibility’. The increasing importance of technology to big cities in the UK means that improving corporate culture amongst innovators is a matter of public interest, according to World Wide Technology.

The company, which has first-hand experience of projects which create so-called ‘smart cities’ driven by next-generation technologies, warns that applying innovation within these infrastructures requires a high level of corporate responsibility.

Ben Boswell, EMEA Director at World Wide Technology, comments: “The complexity involved in many smart city projects, some of them using vast amounts of data and impacting thousands of lives, means that technology providers must be held to high standards.

“What we’ve seen with Uber is the unravelling of a company that is based on a toxic culture. Diversity, inclusion and corporate responsibility need to underpin technology innovations. The potential that technology holds for the good of our cities is tremendous. As an industry we need to do more to tackle cultural issues in corporate culture so that consumers’ access to innovation is not restricted like this again.”

You May Also Like

EU Business School Welcomes Mr. Markus Hongler, CEO of La Mobilière

MBA Blog / 14th February 2018

As part of its learning from leaders series, through which students are exposed to some of the world’s most successful business leaders, EU Business School is delighted to welcome Markus...

BET Executive to Headline Women Leading Women

Career Climbers / 9th February 2018

BET Networks executive Donna Blackman will discuss women in business and the #MeToo movement on March 1, 2018, as the honored guest at the seventh annual Women Leading Women. The free event will...

LIKE WHAT YOU SEE?popupimage
Sign-up to our newsletter and receive the next issue of CEO Magazine straight to your inbox for FREE.

X