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

Aug 05, 2012
Youngsters, you’re lucky to be coming of age in Africa now

Hello there, young Africans. If you are about to reach adulthood around about now, or in the coming few years, you are lucky people. You were born at exactly the right time in Africa’s history. You will be at the heart of Africa’s political coming-of-age and its economic rebirth. Let me explain. When you were […]

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Jul 30, 2012
Why do employees switch off? It’s the supervisors…

“What’s the one factor that most affects how satisfied, engaged, and committed you are at work? All of our research over the years points to one answer — and that’s the answer to the question: “Who is your immediate supervisor?” …This study is by no means unusual. We’ve seen the same pattern in the U.S., […]

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Jul 29, 2012
Four habits that can take employees far

Too many employees feel disillusioned and disenchanted. Too many feel stuck in dead-end jobs with no prospect of growth or advancement. Too many are stagnating on the chair they sit on, petrifying their careers instead of electrifying them. Global surveys bear out this observation. As many as two out of every five employees feel little […]

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Jul 23, 2012
It is time for big banks to do some soul-searching

“Investigations by regulators in several countries, including Canada, America, Japan, the EU, Switzerland and Britain, are looking into allegations that LIBOR and similar rates were rigged by large numbers of banks. Corporations and lawyers, too, are examining whether they can sue Barclays or other banks for harm they have suffered. That could cost the banking […]

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Jul 22, 2012
The smartphone revolution continues apace

Looking at my mobile phone bill the other day, I noticed that the part of the bill generated by making calls has been falling steadily, while the data component has been rising. That reminded me: just over two years ago, I wrote on this page that the future of your business lay in the palm […]

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Jul 16, 2012
A very important strategic question to ask yourself

“I remember a time in the middle of 1985…I was in my office with Intel’s chairman and CEO, Gordon Moore, and we were discussing our quandary. Our mood was downbeat. I looked out the window at the Ferris wheel of the Great America amusement park revolving in the distance, then I turned to back to […]

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Jul 15, 2012
One of the secrets of national success – clean toilets

I was fascinated to read this on the Harvard Business Review blog network recently: “Recently I asked a high-level Singapore official how Singapore’s companies would be able to compete in a world of countries whose companies have greater access to low-cost labor (as in China) and cutting-edge innovation (as in the U.S.). His response was […]

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Jul 09, 2012
Don’t appoint a woman on your board just for the photo opportunity

“When news emerged in May that Facebook had hired an executive search firm to look for a woman to add to its board of directors, I had hoped that with the appointment would come a great deal of diversity of thought and experience and an independent voice. Facebook has now announced that it has chosen its […]

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Jul 08, 2012
Good leaders are interested in windows, not mirrors

Do you want to know how to spot a good leader? Here’s a simple test: Good leaders spend more time looking out of windows than into mirrors. Let me explain. Good leaders are insatiably curious about the world. They are always interested in what’s going on, in how things work, in what’s changing and what’s […]

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Jul 02, 2012
Why are we so fond of running multiple businesses in Africa?

“ONE of the many terms Silicon Valley has bequeathed to the business world is “serial entrepreneur”, a label for those restless souls who start one business after another. Perhaps Africa can now contribute another expression: the “parallel entrepreneur”. More than in any other part of the developing world, the continent’s budding business folk create networks […]

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Jul 01, 2012
Be the best YOU that you can be. Someone else is already someone else

Is there a job in the world more difficult than succeeding Steve Jobs? Tim Cook had to take on that role after the legendary Apple CEO succumbed to cancer last year. Imagine yourself in his shoes: taking over from the man who almost singlehandedly created the world’s most valuable company; a master showman lauded and […]

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Jun 25, 2012
Booming banks and booming property prices are not enough

“Spain’s banking crisis did not come out of the blue. In the 1990s the Spanish suffered a bout of collective madness. Interest rates fell from 14% (with the peseta) to 4% (with the euro) in a matter of weeks. In 1998 the centre-right government passed a law that significantly increased the amount of land for […]

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Jun 24, 2012
Wealth should free us, not enslave us

Picture yourself at the funeral of a very rich person. This person owned much land and had plenty stashed away in plenty of bank accounts. There are many people present at this funeral, as there always are when a wealthy person passes away. The now-expired man of means is being given a fitting send-off. But […]

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Jun 18, 2012
Here’s how to manage queues

“There are three givens of human nature that queuing psychologists must address: 1) We get bored when we wait in line. 2) We really hate it when we expect a short wait and then get a long one. 3) We really, really hate it when someone shows up after us but gets served before us.” […]

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Jun 17, 2012
Here’s the ONE thing that earns you respect in Kenya

To be widely respected in Kenya today, you need to have just one thing. Just one. All of the things that normally generate respect – virtue, compassion, wisdom, knowledge – have been thrown in the gutter. In the society we have crafted, only one thing matters, and you know what that one thing is. Money. […]

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Jun 11, 2012
How a famous company failed to spot strategic upheaval

“RIM’s woebegone story is the stuff of science-fiction epic. A technology juggernaut that emerged from a sleepy Canadian backwater, RIM came to dominate the smartphone industry in a few years. Its BlackBerry managed to become an indispensable tool of the global elite in Davos and Washington D.C. as well as a status symbol to tweens […]

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Jun 10, 2012
Don’t give up – success may be just around the corner

Picture water dripping onto a large rock. The drops of water seem utterly ineffective in making even the slightest dent on the rock, which is sleek and solid and immovable. The water keeps dripping, for days, months, years. Yet there is no effect on the rock. One day, however, that rock will crumble completely. The […]

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Jun 04, 2012
Board members must be fit for purpose

“The three directors who oversee risk at JPMorgan Chase & Co. (JPM) include a museum head who sat on American International Group Inc.’s governance committee in 2008, the grandson of a billionaire and the chief executive officer of a company that makes flight controls and work boots. What the risk committee of the biggest U.S. […]

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Jun 03, 2012
Appreciate the perfectionists in your midst

While watching a cookery programme on TV the other day, I came across a most interesting word. The word is “kodawari,” and it is in Japanese. The programme in question showed a master sushi maker at work. Sushi has always fascinated me: for its artistry; its painstaking attention to detail; its insistence on the finest, […]

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May 28, 2012
How the “Shareholder Spring” is rocking many a board

“The corporate world is emerging from several weeks of boardroom turbulence dubbed the “Shareholder Spring.” In annual meeting after annual meeting around the world, boards have been taken to task by investors and other stakeholders on a wide range of issues: remuneration, board composition, competence, diversity, voting control, dual stock, and more. In the meantime, […]

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May 27, 2012
The danger of running before you’ve learned to walk

Tesco is the United Kingdom’s most dominant retailer. For a couple of decades now, the supermarket chain has been all-powerful, accounting for one in eight pounds that Britons spend in shops and commanding 30% market share, in addition to being the nation’s largest private employer. And Tesco is not merely a grocer these days; it […]

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May 21, 2012
A business filled with family members will not take you far

“The fatal fact about nepotism is that the really good people won’t go to work for you in the first place or will quit or quit trying for your job when they spot your uncle, brother, nephew, wife, mistress or son on the payroll… …If there’s even a bare possibility that you’re prejudiced, the smell […]

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May 20, 2012
The bigger you are, the more you seem to forget your customers

Picture yourself at one of our many fruit-and-vegetable markets. If you frequent these places, I have no doubt that you have a favourite vendor that you habitually buy from. Why is that, when there are usually dozens of stalls before you, all offering very similar products at very similar prices? What makes you choose one […]

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May 14, 2012
Sony’s insular culture just didn’t see it coming

“…Sony, which once defined Japan’s technological prowess, wowed the world with the Walkman and the Trinitron TV and shocked Hollywood with bold acquisitions like Columbia Pictures, is now in the fight of its life. In fact, it is in a fight for its life – a development that exemplifies the stunning decline of Japan’s industrialized […]

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May 13, 2012
We lost a decade in reforming Kenya’s state corporations

Back in 2003, we thought we had put the era of truly horrible state corporations behind us. The new government of the day, swept into power in a massive rejection of the failures and excesses of the 1990s, promised to reform the public sector and revitalize all of Kenya’s dead or dying parastatals. A good […]

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May 07, 2012
Manage the essence, not the message

The biggest problem with the reputation industry, however, is its central conceit: that the way to deal with potential threats to your reputation is to work harder at managing your reputation. The opposite is more likely: the best strategy may be to think less about managing your reputation and concentrate more on producing the best […]

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May 06, 2012
The ‘Uta do?’ culture that kills quality standards

Whatever happened to “First-Time Quality?” It seems to have become an irrelevance in Kenya today. The idea is simple enough. If you get something right the first time, you don’t have to incur the cost of inspections, revisits, rework or repeat jobs. If you pay acute attention and maintain a high standard when you do […]

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Apr 30, 2012
A great leader takes the blame when things go wrong

“Pep Guardiola has defended Lionel Messi after his penalty miss as good as cost Barcelona a place in the Champions League final. Messi has enjoyed an extraordinary run of form in the past four seasons, scoring 63 goals in all competitions this season alone. However, he failed to find the net in either leg of […]

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