
In Ernest Hemingway’s famous novel, The Sun Also Rises, a character is asked how he went bankrupt. “In two ways,” he answers. “Gradually and then suddenly.” A famous sentence, one that aptly describes how businesses go down. We get fixated on the sudden events that occur at the end of the trajectory—banks calling in their […]
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Last week I discussed the problem of leadership transitions in family firms. Many founders are unable to make meaningful handovers to new leaders, from either within or outside the business. This problem of refusing to let go of the reins, however, is not confined to family businesses. Let’s take a wider look at the issue […]
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I have a lot of time for James Daunt. He is the man trying valiantly to rescue the bookselling trade, against all odds. As a reader and writer I look on, gripped by the hope that bookstores can withstand the onslaught of online sellers and e-books. James Daunt was once an investment banker. In his […]
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Last week I discussed the Netflix series Street Food Asia. The foodie in me loved looking at the origins and excellence of various dishes: chaat in India; tom yum in Thailand; jajan pasar in Indonesia; putu piring in Singapore. But the student of human endeavour in me was even more impressed. Street food, you see, […]
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Have you watched Street Food Asia on Netflix? If you’re interested in the human being at work, this series is worth a peep. It’s only ostensibly about food; more about the human hustling to eke out a living—and about what it takes to survive and thrive in very difficult environments. One episode, set in Delhi, […]
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I am always very interested in long-lived companies and brands. It is not easy to live long as a business, and most do not. What special things do the venerable ones do? This week I cast my eye on a set of products that are always in our kitchen and pantry shelves, and never seem […]
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Is 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 […]
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There is something my father once told me that has never left me. I was a big book-reader as a boy, and much of my meagre pocket money would go towards buying books, often from Nairobi’s two second-hand bookshops of that time. I was once worried about the spend being incurred, and wondered out loud […]
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A question that keeps popping up: what are the secrets of success in business? Every new generation seems to ask it—these days on social media. I am asked the question often, and I wonder: why do people think it’s about “secrets” in the first place? I guess because true business success is rare rather than […]
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Southwest Airlines has been the business-education world’s poster-child for the longest time. It started life half a century ago as an upstart low-cost disruptor, and grew steadily to become a huge airline—and a hugely popular one. It now has more than 700 aircraft, and it is also, in an industry dogged by regular downturns and […]
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Another year, another set of books to look forward to! That thought is what adds buzz to my New Year, every year. Good for you, I hear you say. You do you—enjoy! But wait, you know what’s coming. I’m about to holler one of my periodic reminders telling you all to read more books. Why […]
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Team Morocco were the sensation of the recent FIFA World Cup tournament in Qatar, were they not? They not only made it out of a brutal group, but they took the successive scalps of some of the biggest European nations: Belgium, Spain, and Portugal. They became the first team from the African continent to make […]
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Sometimes knowledge arrives like a smack in the face. After understanding what you have just absorbed, nothing is quite the same again. This happened to me way back when I learned that no two human brains are alike; that they are in fact as unique as fingerprints. Each brain begins in a certain way, affected […]
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Let me apologize in advance: I am about to upset a bunch of people this Sunday. If you are part of a large corporation, I want to discuss your core values. You know, those lofty things on your walls, your computer screens, your office mugs. They are supposed to be your guiding lights; your noble […]
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I have a lot of time for Michael Bungay Stanier. This author and coach in Canada is invariably honest, authentic, and sincere. So open is he that he once wrote out an entire long note on Medium outlining exactly how he self-published his best-selling book, The Coaching Habit. He provided step-by-step guidance on how to […]
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Last 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. […]
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I’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 […]
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I’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, […]
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A memory flitted across my mind—something that happened a long time ago. I found myself cringing with embarrassment. Why was I like that? Why did I think behaving like that was acceptable? Why could I not have had the wisdom then to do things differently? If only my older self could take my younger self […]
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Dr Chao Mbogho is a trailblazer. She has a Ph.D in Computer Science, and is one of our leading researchers, educators, and mentors. She recently tweeted something that caught my eye: “Receiving money that you’ve worked for is such a nice feeling.” I thought immediately: Yes it is! And so many do not want to […]
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Feedback has become a touchstone of management practice. We are encouraged to give feedback, and to receive it. We ask for it, and we dole it out. We believe this will help us all improve our performance by understanding our strengths and weaknesses—through the views of those who work or interact with us. Wherever you […]
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Jeff Bezos is the visionary founder of Amazon, the company that has revolutionised how people buy stuff. We are all e-commerce customers now, because of the trails blazed by Amazon more than two decades ago. Inc. magazine recently reminded us that Mr Bezos was once asked this question: what’s the most important quality you look […]
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Who were the Neanderthals, and what happened to them? Homo neanderthalensis were a group of archaic humans. They emerged on Earth perhaps 400,000 years ago, and inhabited Europe and Asia. They were the archetypal “cavemen”—hunters and scavengers who nonetheless had a culture, and advanced stone technology, and lasted 100,000 years. Then we arrived, modern Homo […]
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Experience, we know, is a good thing. Those who have encountered different adventures and escapades, wins and losses, setbacks and learnings, are useful to others. The thinking is that previous encounters build knowledge and even wisdom. Those who have done stuff before, faced situations before, are likely to be better than those who come in […]
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Follow your passion. It’s oft-repeated advice, and tells us to do the things we feel most zest, most enthusiasm for. If we do what we love to do, we will do it with unbounded energy and application, and perhaps discover the best in us. I myself gave out this advice in a book I wrote, […]
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This world is crazy about the VIP. Just saying the three letters causes a reaction: a hushed reverence for the creature in question—the Very Important Person. The term itself is believed to have originated in the Second World War, and was coined by military personnel to refer to high-ranking officers. It made sense to differentiate […]
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Netflix 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 […]
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If you sell something (which is most of us), here’s one of the most important sentences you’ll ever read: “People don’t want to buy a quarter-inch drill. They want a quarter-inch hole.” That was written by Harvard professor Clayton M. Christensen, who attributed it to Theodore Levitt. It probably came from Leo McGivena, originally. Whatever […]
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