“While delivering my washing to our local dry cleaner this morning, I realised the reason why I always go back to that specific dry cleaner: it is a result of an intimate relationship that has developed between me and the owners over a period of time. The owners know me by name and the name […]
Read MoreThere is a persistent drone in the air of human endeavour, and it goes something like this. Don’t try too hard; it’s not worth it. Don’t try to achieve too much; you’ll fail and it will hurt. Don’t stand out from the crowd; the crowd will shun you and you will be lonely. Be average. […]
Read More“With total liabilities of more than $2 billion (Rs.11,100 crore), Kingfisher is operating on a skeleton schedule, with its flying fleet cut to one-fourth, half its pilots gone and the lowest market share of any airline in India. Earlier this month, the airline reported its net loss had widened to Rs.650.78 crore for the quarter […]
Read More“Today, the economy is the biggest news in India and politicians are only listened to when they talk about the economy.” I wrote those words on this page in January 2010, to preface the proposition that India was on an irreversible forward economic march. I was horribly wrong, and I apologize. At the time, all […]
Read More“There are three classic models of leadership: the first is “autocratic leadership” where the leader manages to get somewhere but doesn’t take people with them, for example Margaret Thatcher. Then there is “charismatic leadership” where the leader takes everyone with him but doesn’t actually get anywhere, Tony Blair being a good example. Finally there’s the […]
Read MoreTravel is great for a variety of reasons. One of the most important is the possibility of serendipitously coming across something you might not otherwise have seen. This happened to me recently when I opened a magazine on an airplane to find the following: “There was this one instance when a woman in her early […]
Read More“We need to be able to trust pharmaceutical companies. We expect banks to be run and populated by honest people, to keep our money safe, and to give us our money back when we need it. We want oil companies to have a strong culture of engineering professionalism and commitment to health and safety. If […]
Read MoreThe BBC World Service has left Bush House. So what? The British broadcaster announced last month that it was leaving its venerable studios at Bush House, to move to the more modern premises across London that house the rest of its news operations. What could be wrong with that? Nothing. And everything. What is this […]
Read More“Some things in life we know are true. The sun rises in the east and sets in the west. A body in motion will remain in motion unless acted on by an outside force. And the best way to motivate salespeople is by offering them commissions. But what if we’re wrong, at least about that […]
Read MoreThere is nothing quite like Kenyans when it comes to our propensity to laugh at ourselves. I discover this every so often on Twitter, when making a few comical observations: often the hashtag created will go viral in a matter of minutes, as Kenyans on Twitter pile in with their own rib-tickling insights. #HowToSpotAKenyan was […]
Read More“The example set by Kenya’s banks when it comes to not only reaching the unbanked, but also making a profit from them, is something that the rest of the world should look to emulate. Banks in large swathes of Africa, Asia and Latin America have undergone huge expansion in the past decade. Many now rank […]
Read MoreKenyan leaders, what are you looking at if not at the carnage on our roads? We have always had a high rate of road accidents, but it has now reached crisis proportions. There seem to be awful crashes occurring across Kenya every single day. These result in deaths and dismemberments, grief and disruption, tragedy and […]
Read More“I wonder what the ROI of bankrupt is? And yet, if you have ever given a speech, a webinar, or a class on social media marketing, I can almost guarantee you have received this question: “But how do we measure the ROI of this stuff?” Look, I’m a true-blue ROI guy. Frankly, money is one […]
Read MoreI don’t get it. I just don’t. It should be blindingly obvious to every owner of every business that it runs primarily on just one thing: the goodwill of its customers. If customers obtain value from you, they keep buying. If they keep buying, you keep making a profit. If you keep making a profit, […]
Read More“Marissa Mayer, the Google (GOOG) executive who today was named Yahoo’s (YHOO) new chief executive, is pregnant. Mayer told Fortune exclusively that her first child is due October 7. It’s a boy! …Mayer first disclosed to the Yahoo board that she is pregnant in late June, in a meeting with Michael Wolf, a member of […]
Read MoreHello 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 […]
Read More“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., […]
Read MoreToo 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 […]
Read More“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 […]
Read MoreLooking 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 […]
Read More“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 […]
Read MoreI 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 […]
Read More“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 […]
Read MoreDo 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 […]
Read More“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 […]
Read MoreIs 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 […]
Read More“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 […]
Read MorePicture 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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