I don’t know about you, but I find it immensely entertaining when the British are caught in a moral quandary. This is a nation that often preaches moral probity and higher-order values and ethics to the rest of the world; it is great sport when they get their own knickers in a twist, as they […]
Read MoreThere is a prominent new sign on Nairobi’s Uhuru Highway, just after the University Way roundabout. It says: “No stopping for buses and matatus”. Rightly so: it is very dangerous for vehicles to stop on a busy fast-moving highway – the chances of a pile-up are big. And guess what? That is exactly where buses […]
Read More“P&G’s unbroken sales and profit growth under (AG) Lafley has brought great rewards to his investors and to him. He was paid $23.5m last year, with $6.6m in cash, and he holds a huge amount in P&G stock. Yet there are no discernible trappings of wealth on his person or hint of hubris in his […]
Read MoreFinance Minister Uhuru Kenyatta tells us that we are going on a national belt-tightening exercise. Government is going to cut out unnecessary foreign trips, workshops, and conferences by its leaders and functionaries; we are going to cut out all unnecessary hiring of cousins and sycophants; and we are going to suspend all spending on luxuries. […]
Read More“During the bursting of the tech bubble, our management developed a set of principles, or objectives, which would guide it through the downturn, however long and deep that might be. The principles are probably somewhat generic, but perhaps could be tuned for each situation. Our principles were: “We will attempt to remain cash flow neutral […]
Read More“Behind every successful man is a woman” is the well-known saying. Noted wit Groucho Marx added some words to this: “Behind every successful man is a woman; behind her is his wife.” That certainly rings true in Kenya… But I would like to disagree with the original statement. I think it should say: “In front […]
Read More“At the end of 2007, Marks & Spencer was lauded as Britain’s Most Admired Company, ranked as the best among 220 companies in a survey conducted by Management Today. Not only did it receive the highest score overall, Marks & Sparks was rated best on five of the nine survey categories… Marks and Spencer’s triumph […]
Read More“Chelsea have sensationally sacked manager Luiz Felipe Scolari. The club’s website revealed the dramatic move had been made “to maintain a challenge for the trophies we are still competing for”. World Cup winner Scolari had only been in the job since June 2008, when he became Chelsea’s third boss in a year. Chelsea are fourth […]
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