
In the early 1990s, IBM was a company in deep trouble. From being a globally dominant vendor of information technology, it was floundering. It was trapped in the thinking of its past, and failing to move with fast-changing trends in technology. An outsider, Lou Gerstner, was brought in to revive the giant corporation. In his […]
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A few weeks ago I warned on this page that Kenya’s banks faced a ‘new normal’ – an era in which they would have to respond to tighter regulation, as well as innovate furiously just to survive. Well, that was before rate-capping knee-capped the industry. The recent Banking Amendment Act has ensured that banks in […]
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Mark Zuckerberg, founder of Facebook, was in Nairobi the other day. I thought we would note that and get on with our lives, but quite a sensation was created. I am really reluctant to add to the commotion, but I feel a couple of observations are necessary. Facebook is undoubtedly one of the most important […]
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The market reactions said it all: the pound plunged to levels last seen in the 1980s. British shares endured a bloodbath, some losing a third of their value. That tells you that no one had factored in a ‘Brexit’ – Britain voting to exit the European Union. I know I hadn’t – I never thought […]
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Photo credit: YouTube If you’d had the nerve last year to place KShs 200,000 on Leicester City Football Club winning the English Premier League (EPL) last year, you’d be sitting on one billion shillings right now. That’s right, the odds being given by the sage bookmakers were 5,000 to one. Winning the EPL was regarded […]
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I wrote this in 2009: “I am about to lose quite a few friends with my next sentence, but here goes anyway. I don’t believe in corporate awards; I think they are shallow, fickle and pointless, and we should not pay too much attention to them.” I once worked for a large professional services firm […]
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I have spent a good chunk of my life working with well-known bosses. I noticed quite a while ago that, unlike me, an awful lot of them seem to get up very early in the morning. I often dread asking for a meeting and being told to meet for breakfast at 6.15 am… The Economist […]
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(Sunday Nation, 31 January 2016) One thing that’s great about social media is that it reconnects you with old friends. Andrew Blacknell and I have a shared history. We went into our first job together, straight out of university. We were fresh-faced junior management consultants in one of the big consulting practices of the time, […]
Read More“Somewhere in your organization a fraud is taking place, right now.” The venerable accounting teacher, James Boyd McFie, would say those words at the beginning of every lecture he delivered on a programme for directors that I used to lead. The sentence created a suitable chill in the audience. It is true. No matter which […]
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“Lombardi had served as the spokesman for (pope) Benedict, formerly known as Joseph Ratzinger, a man of Germanic precision. After meeting with a world leader, the former pope would emerge and rattle off an incisive summation, Lombardi tells me, with palpable wistfulness: “It was incredible. Benedict was so clear. He would say: ‘We have spoken […]
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Lawyer Mugambi Nandi recounted an interesting episode on Twitter recently. He was sitting in the back of a taxi when an ambulance appeared, siren blaring. Mr Nandi’s driver, like many others on that road, refused to give way. The lawyer took umbrage and ordered the taxi driver to give way, to little avail. He even […]
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Kenyan CEOs are always busy giving away cheques to worthy causes, speaking noble words at gatherings of luminaries, and championing the agenda of good corporate citizenship. Here’s a question for them, though: why is your company so virtuous for the cameras, and often an outright bully when it comes to the “small” people it deals […]
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Last week on this page we discussed the “dead-horse strategy.” There is only one sensible strategy to follow if your horse is dead: dismount. Many of us, nonetheless, don’t do sensible strategies: we try to fund, motivate, whip or imagine the dead horse back to life. The column raised many a laugh, but also a […]
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A friend who knows me well sent me a link that he was sure would regale me. His confidence was well-founded. The link took me to www.better-management.org, where I was introduced to the “dead-horse” strategy. To wit: “The tribal wisdom of the Dakota Indians, passed on from generation to generation, says that when you discover […]
Read MoreI was sitting in a restaurant looking at a sushi menu recently. There were many delectable-sounding options on offer, and I wondered what to choose. I decided to ask a waitress for advice. Here’s what she said. “Please try the chef’s signature sushi roll. He thought long and hard about it and experimented with various […]
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The visit was epic. As I wrote here last week, US president’s long-awaited visit to Kenya had it all: spectacle, glamour, drama, sensation. New words entered our vocabulary, and even our child-naming lexicon: POTUS, Air Force One, Marine One, The Beast. And then he was gone. And a thoughtful Kenyan must ask: so what? After […]
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The visit to Kenya last weekend by US president Barack Obama brought us to a standstill, watching every bit of the ride: planes, helicopters, automobiles, protocols, speeches and all. Allow me to make three simple observations. First, Kenya received publicity that we simply could not have bought. This was pure gold. We were in the […]
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Last week I introduced Pope Francis’s refreshing take on leadership. We focused on the “diseases” that afflict the egos of leaders around the world. This week I want to dwell on the maladies of leadership that manifest themselves in the work of leaders, and those that are particularly prevalent in this part of the world. […]
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Regular readers may recall I was arrested a while back. Irregular ones may need reassuring that it was for a minor, inadvertent infringement of road rules that technically constituted an offence. I looked the arresting officer in the eye and asked him why he wished to arrest me, a generally law-abiding person who takes great […]
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The need to write something immediately after the horrific slaughter of our students in Garissa was overwhelming. I had to resist, though. An event this brutal and unprecedented requires some reflection and some perspective. And so I have been able to observe the reactions of others. I looked on aghast as the supposed perpetrators of […]
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Gangland-style executions are firmly with us in Kenya. A spate of recent incidents, all with the same calling-card: professionally executed hits that target specific individuals. Couple that with the ever-present threat of terrorism, and lots of Big People are worried. What is interesting is what the Big People think they should do in response. Members […]
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You must have heard about “nutgate.” In a nutshell, here’s what happened. A passenger aircraft was about to take off from JFK airport in New York. A lady seated in first class was served macadamia nuts. The nuts were served in their bag, rather than on a plate. The lady was deeply offended. She lambasted […]
Read MoreBack in the nineties, Kenyans were really fed up of their leaders. The country was in dire straits, and there seemed to be no light at the end of a very long and dark tunnel. In those days, our only symbols of hope were a group of people not in government: opposition politicians, young activists, […]
Read MoreWhat does it mean to lead human beings? Last week I wrote that in the wild, leaders are often just the biggest, most ruthless animals. And they take most of the spoils. Here in the human race, a race in which I can write these words and you can read them, an entirely different model […]
Read MoreA few years back I was sitting in the balcony of a famous game lodge in the Tsavo reserve, taking a short break while running some executive education seminars. I was gazing upon a watering-hole, against the magnificent backdrop of Mount Kilimanjaro, unveiled. Suddenly, the bushes next to the watering hole parted, and a massive […]
Read MoreCan we run this world as though people matter? Of course we can. Henry Hazlitt showed us how, way back in 1946: “The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely […]
Read MoreWhat’s the most common thing you hear political and business leaders say about Kenya’s insecurity problem? That it’s having a bad effect on the economy. That as tourism implodes, economic purchasing power heads south. That as fear pervades the nation, the investment climate suffers. What’s wrong with this picture? All of the above is true, […]
Read MoreYou’re stuck in traffic. If you live in Nairobi as I do, there’s nothing special in that statement. We’re mostly stuck in traffic jams, most of the time. It’s the way we’ve become, numbed into the acceptance that wasting time in a vehicle is a natural state of being. Kenyans talk about jam so much […]
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