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

This column periodically takes a look at the future of different industries. Over the past year or so we have peered at what lies ahead for the car and taxi industry, television, banking and insurance, amongst others. For the next two weeks, let’s consider an industry that’s going to play a considerable role in all […]

I’m pretty sure you’ve taken (or were forced to take) an IQ (intelligence quotient) test at some time in your life. You may even have have done some sort of EQ (emotional quotient) test. But have you ever taken a ‘DQ’ test? Try this quick quiz: 1. Can you accurately describe what Snapchat is? 2. […]

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 […]

What would you say if I told you we might soon be giving every adult a basic income – whether they work or not? You would think I’ve finally flipped and lost my marbles after coming close to doing so many times in the past, yes? Well, allow me to explain a little further before […]

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 […]

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 […]

Many years ago I visited a European capital after a travel hiatus, and tried to rent a car from the airport. To my surprise, none of the car-hire companies would accept my money. Cash, in their own currency. Legal tender. No deal. When I asked why, I was told it simply wasn’t worth their while […]

Technology threatens to upend our assumptions about work, employment and income. Is this a real threat to society, or just hyperbole? First, the optimistic scenario. When I was a young man in an economics class many moons ago, I was introduced to the “lump of labour fallacy.” This is the idea that there is only […]

You know that the employment landscape is undergoing fundamental upheavals, right? You appreciate that the advent of robotics and artificial intelligence is going to give automation a big push, I hope? You realise that some studies suggest nearly half of all today’s jobs could be lost to automation – yes? And that it won’t take […]

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. […]

When Amazon.com launched in 1995, it was the world’s first substantial e-retailer. It was a shot in the dark. Its early demise was predicted many times. Now, it is an absolute behemoth, selling everything from apparel to consumer electronics to cloud computing services. And last year, the world’s largest physical retailer, Walmart, was quietly overtaken […]

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 looked out of the window, and there they were. A bunch of noisemakers riding around in a taxi waving poorly written placards and shouting “Uber must go!” Uber protests hit Nairobi last week. It was inevitable. Uber has disrupted the traditional taxi industry in 400 cities across the globe now, and the traditionalists often […]

Last week I wrote about the phenomenon of autonomous vehicles that is on the horizon. Some futurists think that this technology will rival the smartphone in its potential to disrupt our world. This week, let’s trace out where the effects may fall. As indicated last week, car ownership will change dramatically. Consumer purchasing of cars […]

Is it time to discuss self-driving cars? Five years ago, I started telling my clients to start thinking about autonomous vehicles. At the time, I admit that I thought I was engaging in a bit of science fiction. Whilst it was important to imagine the consequences of a world in which vehicles drove themselves, in […]

Five years ago this month, reluctantly and apprehensively, I joined Twitter. I had many reservations about my first foray into the then-nascent phenomenon of social media. I feared that I would have little worth saying in a mere 140 characters, and that I would be distracted from my main work in life; that I would […]

I was on holiday recently, visiting a far-flung place for the first time. After my usual conversations with assorted locals, I became acutely aware of my ignorance about the place’s history, culture, fauna and economy. I noted that the hotel I was staying in offered a library for guests. To my delight, the library was […]

The year was 1970. A man was with his family at a busy airport, lugging two very heavy suitcases. An airport employee walked past, pushing a heavy piece of machinery fairly easily on a large wheeled trolley. An “aha” moment occured. The man, Bernard D. Sadow, looked at the trolley, looked at his suitcases, and […]

What does losing weight have to do with smartphones? Five years ago I wrote on this page that the future of your business lay in the palm of the hand. Not in the lines of fate supposedly embossed there; but in the device that I expected to be ever-present in most palms by today: the […]

Nairobi is a madhouse. Getting around is a real pain these days. A simple trip can take a couple of hours out of your day. And if you look at the willingness and competence of the people in charge to solve the awful traffic problem, you have to conclude that it will be jam today, […]

You must have heard of Uber. The mobile-app-driven taxi service has taken the world by storm. In just a short time it covers 45 countries (200 cities), and has even entered Africa (Lagos and Cape Town). Why this phenomenal expansion? Here’s how it works: You go to the app in your phone. It picks up […]

Last week I pointed out that what looks like work often isn’t, and what looks like play may be someone hard at work. Consider the lady sitting in your office, hard at work on her computer. She seems to be very busy trying to get something urgent done. Take a closer look. She’s on Facebook, […]

I sent someone an email late on a Saturday night, recently. His jokey reply asked why I was working so late on weekends. Which made me stop and think. I wasn’t working, exactly; but nor was I not working. I was doing my regular scan of my Twitter feed, and came across a link that […]

This column often highlights the various technological disruptions that will change all our lives – for better and for worse. As I have written before, this is a time of phenomenal economic and technological change, and the ramifications will be felt far and wide. One of the issues we will have to deal with in […]

To succeed in the world to come, you won’t be boarding trains with tickets; you’ll be jumping off planes with parachutes. These are fast-changing, enormously disruptive times. Success is no longer about playing safe, being predictable, or following schedules. That’s how it was when I was growing up. Children were told to pick safe subjects; […]

Three years ago it seemed a no-brainer: the e-book would kill the printed book. I joined the revolution early, buying dozens of books both on an e-reader and for mobile apps. My conversion looked complete. Early this year, though, I pulled the brake and did a u-turn. I am back to print with a bang, […]

Early in 2010, I wrote here that the future of your business might well lie in the palm of your hand. I was referring, of course, to the unstoppable rise of mobile computing. Since then, the smart, mobile, connected device is in more than a billion hands globally – and is expected to be in […]