If you belong to my approximate age-group of humans, you know we were brought up to do things in very specific ways. When we wrote to people, for example, we had to address them as “Dear.” No one stopped to ask: dear? How can a stranger be dear to me? Why would I call them […]
Read MoreWhy is innovation so difficult? Is it because coming up with brilliant new ideas is so hard? Not really. Innovation is a team sport. Put some talented folks together under the right conditions, and the ideas will flow. The real problem with innovation comes well before the team gathers to generate ideas. Lech Walesa once […]
Read MoreLast week I highlighted the three waves of computing tech that we have gone through over the past four decades or so: the personal computer, the internet, and the cloud-connected, multi-featured smartphone. Wave four is now well and truly upon us. Artificial Intelligence. The world as we know it is being rewritten—not by quill and […]
Read MoreI have lived through not one, but four huge waves in computing technology, from the time that I came of age in the 1980s, to the current epoch. Let me relive the journey this Sunday. When I arrived at university, a computer was something you went into a special room to work with. You never […]
Read MoreThe outgoing British government is throughly surprised. It came in on a landslide in 2019; it exits on an even stronger landslide in 2024. In 2019 the opposition Labour Party looked like it could be marginalised forever, so bad was its defeat. This time round it has a super-majority. Surprise! Life is a capricious beast. […]
Read MorePaul Auster passed away recently, and I went back to his breakout book, The New York Trilogy, as a form of homage. The first novella begins with Daniel Quinn, a writer. Quinn uses a pseudonym, William Wilson, to write detective novels. The investigator in these novels is called Max Work. Quinn reflects that in this […]
Read MoreWhat kind of 2024 are you expecting to have? Across the world, the prognosis is grim at best. Economies are ailing; costs of living have rocketed; business failures are looming; debt burdens are onerous. It’s not going to be an easy year to navigate, even for the most fortunate. But there is something that a […]
Read MoreThere was once someone who imagined it might be possible to place humans into a vehicle with wings, launch it into the air—and land those passengers back on earth, safely. This had never been done, please note, and it was widely viewed as a crazy, deluded idea. And yet, humans now fly across the planet […]
Read MorePicture this scenario: The board of directors of an iconic organisation decides to fire its well-known CEO, without warning, issuing a cryptic announcement to that effect and appointing an interim CEO from within the organisation to hold fort. That stuff happens often, so nothing too extraordinary thus far. All hell breaks loose, however. It turns […]
Read MoreDisruption, says Scott Galloway, is more about the incumbents than the disruptors. What does the Stern School of Business professor mean? In his words: “Disruption is driven by stasis and the incompetence of incumbents.” We have seen this again and again. Take the taxi rides business. Sure, Uber arrived with a game-changing business model and […]
Read MoreThe alarm bell rang in my head, but I did it anyway. I was trying to order dinner using a home delivery app, from one of my regular, favourite restaurants. For some reason the app was showing “restaurant not available” on that day. We decided to call the restaurant directly, to ask what was wrong. […]
Read MoreIs artificial intelligence (AI) finally coming of age? If computers start reasoning and working more like humans, what should we be excited—and worried—about? The world is currently agog trying out ChatGPT, the newest kid on the block. ChatGPT is generative AI: it isn’t intelligent as such, but it has a huge trove of data that […]
Read MoreIf you have visited an advanced city in any country with high labour costs recently, you will have noticed a peculiar phenomenon, post-COVID. The digital acceleration in ordinary life is very, very real. Supermarkets in those cities have very few people deployed to receive your payment. Self-checkout counters are the norm, where you scan your […]
Read MoreLast week I discussed some examples of rapid and effective innovation, highlighting the “YO!” chain of sushi restaurants. That business could have taken a fatal hit from the COVID-19 pandemic, given the high-touch nature of its business; but lo and behold, it’s still alive, still kicking, still growing. Others didn’t experience that fortunate an outcome. […]
Read MoreI’m a great lover of sushi, and many years ago I came across my first kaitenzushi restaurant, in Hamburg of all places. This involves a conveyer belt snaking through an eatery, winding its way past diners. Chefs prepare their offerings in advance and place them in little containers on the belt. Diners look at what’s […]
Read MoreI’ve been having a rough patch as a customer of late. Organizations whose customer-service excellence I have appreciated, and even praised, have been falling surprisingly short. Some have sent me damaged goods, then retreated from providing suitable redress. Others are unable to maintain even a rudimentary online communication system. Yet others are stuck in old-world, […]
Read MoreThis wasn’t supposed to happen. The prolonged global pandemic accelerated all things digital. We embraced electronic ways of doing things: digital payments, virtual meetings, online shopping, video streaming, instant messaging, web-based learning. Devices and software boomed as never before; many old ways of doing things took a permanent hit. Using cash, going to cinemas, travelling […]
Read MoreNetflix is tanking. Or rather, its stock price is—which is a rather different thing. What should we make of this? Netflix is one of the iconic companies of this epoch, a trailblazer and game-changer. It upended traditional video, moving people away from linear television and movie theatres. It has been on a seemingly unstoppable spend-and-grow […]
Read MoreI’m writing this sitting in an organization where I’ve had a surprisingly good customer experience. That is rare enough to make me pause and reflect. Why is it that some can pull this off, but most fail quite miserably? First, here’s what was good. It started from the front entrance, when the security guard jumped […]
Read MoreToday I want to tell you the story of the boss who screwed up. In 2007, this boss was on a roll, having founded a really successful company. The business, however, faced a pivot. The boss was a visionary who had seen that the future would not be like the past. That meant that a […]
Read MoreLet me tell you the story of S, who runs a little shop—a kaduka—in my hood. S started off operating from a tiny makeshift kiosk. He was the milk ’n’ bread guy for our house, and for many on our street. Every morning the regular order would arrive, like clockwork—one less thing for us to […]
Read MoreWhat if you could get your weekly groceries—or a few impulse buys— all delivered to you in ten minutes? Not an hour; ten minutes. Founded six years ago and accelerated by the global pandemic, Getir is leading a posse of ultrafast delivery providers. It started operations in Turkey and is now valued at close to […]
Read MoreA year ago, I discussed Pret a Manger on this page. The super-successful London sandwich chain serving office workers, with more than Sh 100 billion in annual sales, had just been whacked hard by the coronavirus. It suffered its lowest footfall on record and had to make a third of its employees redundant. As offices […]
Read MoreIf the behemoth that is Amazon enters your industry, how on earth do you fight it? Amazon has bottomless financial resources. It has remarkable strategic vision. It is the trailblazer in online shopping with decades of experience behind it. It cannot be beaten on price or convenience. What the hell do you do? Take a […]
Read MoreI first mentioned “cloud” kitchens on this page exactly two years ago. Also called “dark” or “ghost” kitchens, these are are stripped-down operations that produce for delivery only – no service, no waiters. They use data to understand what is most in demand, where, and when – and they locate to serve that demand. The […]
Read MoreI have a lot of time for Margaret Heffernan. She writes really thought-provoking books; acts as a mentor and guide to many leaders; and is a lecturer in real-world leadership. Oh, and she has also been a BBC producer and a tech entrepreneur! CV aside, Ms Heffernan is an extremely clear and lucid thinker. In […]
Read MoreAbout a decade ago I began telling bankers in this part of the world: you are probably looking at “peak bank branch” in the years to come. In which year will your branch network peak – and then begin to reduce in numbers? Ten years ago no one really paid attention. It took another five […]
Read MoreThe Guardian newspaper is 200 years old. I first started reading it in the first year of my degree course in London. It was not normal reading for a student of economics and business – which is precisely why I was attracted to it. I’ve never stopped reading it, decades later, even from a different […]
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