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Business

Why Lyft’s CEO swears by a ‘falcon mode’ management technique

Editorial Board
Editorial Board Published May 3, 2025
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Why Lyft’s CEO swears by a ‘falcon mode’ management technique
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Why Lyft’s CEO swears by a ‘falcon mode’ management technique

At this time’s leaders should stability big-picture imaginative and prescient with a capability to dive into operational element. For Lyft CEO David Risher, that twin focus involves life in what he calls “Falcon Mode,” a management framework impressed by the agility, precision, and instincts of the chook of prey.

Unveiled in a current shareholder letter, Risher’s mannequin rests on three pillars: buyer obsession, operational excellence, and purpose-driven progress.

Like falcons that soar to survey their setting and dive at pace to grab a searching alternative, Risher believes leaders should know when to zoom out and when to swoop in. “Once [falcons] see something that might power the next leg of their journey, they’ll dive down to capture it, then zoom back up to ensure they stay on track,” he wrote.

At Lyft, Falcon Mode is his response to what he calls the “gravitational pull of enshittification,” the gradual erosion of product high quality within the pursuit of short-term good points. From excessive altitude, Risher shapes technique and anticipates market shifts. However he additionally dives into the small print, significantly the place buyer expertise is anxious.

Each six weeks, Risher drives for Lyft. In a single trip, a commuter flagged how surge pricing disrupted her routine, difficult inner assumptions that prime-time pricing was broadly useful. In one other, he discovered that efficiency benchmarks masked deeper issues: lengthy wait occasions and driver cancellations have been eroding belief.

These insights led to main modifications. Lyft restructured driver incentives, introducing delay pay, route deviation compensation, and clearer earnings, bettering the motive force expertise to raised serve riders. A brand new worth lock characteristic helped ease fare anxiousness.

The outcomes embody $400 million in rider financial savings, a drop in driver cancellations from 14.4 p.c to five.6 p.c, quicker common ETAs than Uber, and a reported 20-point lead in rider desire.

Nonetheless, Risher warns that operational deep dives have to be deliberate. “Once you go deep, it’s tempting to take over,” he mentioned. The hot button is diagnosing high-impact points with out micromanaging—and clearly explaining why the deep dive issues.

When executed properly, Falcon Mode turns into contagious, says Risher, as groups ask sharper questions, uncover blind spots, and align extra tightly round buyer wants.

This story was initially featured on Fortune.com

TAGGED:CEOFalconleadershipLyftsmodeStrategySwears
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