"CEOs can't wait to read Sunny Bindra's articles every week."

What kind of company can have $60 billion wiped off its value in just a few days – and still be around? The Facebook kind. Facebook has more users than China or India have citizens, and therefore it is just fine – for now. But the Cambridge Analytica scandal – the revelations that the misuse […]

A prospective customer is considering a domestic family holiday. First, she calls a local airline. Customer: ‘I am interested in your flight-and-accommodation packages for my family.’ Employee: ‘They are all on our website.’ Customer: ‘OK, I had tried that, but I couldn’t find them. All I have on me now is my phone. Let me […]

When Jeffrey Immelt, long-time boss of giant conglomerate GE, held his annual address to investors last May his corporation’s stock was trading at close to $30. He painted a rosy picture of his long tenure, and retired as CEO soon afterwards. Today the stock price is around $15. His successor decided to bare all and […]

The conference business is big business. Humans working in organizations have an unending need to meet in their numbers away from their workplaces: for seminars, workshops, roundtables, town halls, celebrations, parties, retreats, jamborees, junkets – or even just regular meetings. Demand is strong, buyers are willing. Sellers should be smiling. I must have commissioned or […]

Last week we looked at the underrated virtue: kindness. It is easy to be self-absorbed. Some of us are lost in our own egos. Others are trapped in their own miseries. Yet others have no time for anything but their own race to the pinnacles of success. The harder thing is to be aware of […]

A customer walks into one of Nairobi’s brand-new mega-malls on a weekday. It boasts many household names in shopping, both local and global. It’s virtually empty. She enters an internationally renowned supermarket. Here, too, customers are thin on the ground. She’s looking for a refrigerator – a sizeable purchase – amongst other things. It’s a […]

Google makes the world’s most popular mobile operating system, Android. Nearly two billion mobile devices are powered by this ubiquitous system. Not content with this, Google looked askew at rival Apple some years back and felt envious about the ability to make both software and hardware and to fuse the user experience. Google has the […]

Every business in the world faces overwhelming uncertainty. The explosion of new technology shows no sign of abating. Indeed, we may only have seen the opening chapters of the book of technological disruption. The later chapters – containing plot twists, deaths, rebirths and the like – have not even been written yet. We only have […]

Many years ago our local brewer, East African Breweries Limited (EABL), was facing a major new threat. Castle, a huge brand owned by South African Breweries, had announced its entry into our local market. It was coming in with big money, a big plant and big plans. One of the key strategic decisions made in […]

We were flying in the rainy season. We set off on the first leg, needing to arrive at the hub airport on time and then catch a connecting flight to our final destination. We had allowed two hours transit time to catch the next plane – more than enough, said the airline staff at the […]

It was launched barely seven years ago. In that time it has expanded explosively to be present in more than 570 cities in the world. It had revenue in 2016 of $6.5 billion, and its market valuation of $70 billion makes it the world’s most valuable tech startup. It has brought easy and cheap transportation […]

Last week I pointed out that the journey to ‘digital’ is not straightforward; the thinking leader will have to blend what is new and what is timeless in order to succeed. ‘Analogue’ in this sense does not just refer to things that you can touch and feel, like printed books and bank branches and fountain […]

Digital transformation is on everyone’s lips these days. If you’re ‘analogue’ you’re finished: a dinosaur awaiting imminent extinction. Or are you? The e-book was supposed to kill off the printed book. Did it? No. E-books took off rapidly, and then levelled out in 2014. Sales of physical books have been rising for several years now. […]

If you’re even vaguely connected to the internet (or a television set), you know what happened. United Airlines took a passenger off a plane. And now the whole world is angry about it, and United’s brand is in ICU. On Monday, videos taken by Dr David Dao’s fellow passengers went viral all over the world. […]

I wrote here two weeks ago that every business has its one thing – the thing it must deliver above all others. For restaurants, the one thing is the taste of the food; for banks, it is trust; for hotels, hospitality. You can think about what yours is in your industry: the one thing that […]

The Michelin star is a time-honoured guide to excellence in the the restaurant business. Way back in the 1920s, the Michelin brothers recruited a team of mystery diners – or restaurant inspectors – to visit and review restaurants anonymously. In 1926, the Michelin Guide began to award stars for fine dining establishments, initially marking them […]

As more and more companies declare profit warnings and significantly worse results, cost containment is all the rage again. You will hear a lot more in 2017 about ‘reorganizations’ and ‘rightsizing’; ‘efficiency’ and ‘leanness’ will become the prevailing buzzwords in boardrooms. I always wonder: if you want to become the ‘right’ size now, which size […]

The human being is fixated on itself. Since we perceive life only through our own consciousness, we place ourselves at the centre of our existence. And we spend our lives fretting about our own selves: what we have and don’t have; what we need and want; what we feel entitled to; what we should and […]

An employee of Trader Joe’s recently filed an unfair labour practices charge against the company in the US. Thomas Nagle was reportedly fired by Trader Joe’s in September; his offences apparently included an “overly negative attitude” and not smiling warmly enough. In his performance reviews Nagle had been criticized for not greeting a manager with […]

I love visiting Cape Town. During a recent business trip, I paid more attention to exactly what I like about that city. Certainly, it has a beautiful setting, where a raucous ocean meets the majestic Table Mountain. Certainly, it is a culinary capital and has great food choices. Certainly, it is one of the best-run […]

I was asked to speak at a conference for insurers recently, and I decide to rattle their cage. Their old business model, I told them, is already over. It’s just that they may not know it yet, because the many changes that will upend their business are invisible right now. To understand why insurance must […]

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 […]

A bank is a very special institution. When you become a custodian of other people’s money, you become bound by very particular regulatory rules to ensure you do not misuse the privilege. When you lend that money out to others, society must ensure you do not use that power to bring those others to ruin. […]

(Photo credit: Abdulla Al Muhairi / Flickr) When I was a boy, my mother always kept her sewing materials in a particular tin container. That colourful round container was from Quality Street, the producers of a famous chocolate/toffee assortment. I’m pretty sure many of you are nodding your heads at that memory – our mothers […]

Why does anyone start a family business? As a long-standing business advisor, there are days when I feel compelled to ask that question. This is one of those days. I ask because I feel sickened by the myriad court battles, protracted inheritance disputes and ugly sibling rivalries that so often characterise family businesses here in […]

Last week I took you on a historical tour of the television industry. The tour was deliberately conducted from the perspective of the consumer, not the producer. We saw how the consumer’s TV experience has changed dramatically: from a poor one-channel, one-box experience of limited programming; to multi-channel, multi-format, multi-gadget experiences involving a global library […]

What was the early experience of television like? For those who can remember, we all sat in front of one small box, and received limited programming. In most countries television started with a single channel or broadcaster, usually run by the state. The programmes ran for fixed hours, and were chosen for us. They were […]

I was disconnected by three companies I deal with recently. All in the space of one week. All three are businesses I have been a loyal customer of for years (decades, in one case). All three know me well. I have an excellent payments history. There was no real reason to disconnect me. But they […]