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

Jul 13, 2008
The AGM circus shows our financial immaturity

The amazing success of the Safaricom IPO confirms that we are on our way to becoming a shareholder democracy, does it not? Hundreds of thousands of new shareholders have been brought into the bosom of capitalism, and are basking in the promise of the new wealth that will follow – yes? Anyone who thinks we […]

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Jul 11, 2008
Multi-tasking can kill you, kill your career

“…In a 2005 Australian study published in the British Medical Journal, researchers interviewed, during a 27-month period, 456 hospitalized cell phone users who had each been involved in a crash. The scientists combed the drivers’ call records to see how cell phone use affected their driving. Whether they talked hands-free or with a phone clasped […]

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Jul 06, 2008
Three words to banish from our tongues

If you want to go up Nairobi’s Museum Hill, you have to turn in from Uhuru Highway. There is usually a policeman stationed at the roundabout to make sure that only cars using the extreme right lane do this. Many a driver gets into trouble trying to turn in from the highway’s middle lane. The […]

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Jul 04, 2008
Managers should develop a “Let’s Go See” attitude

“Throughout your career people will approach you with all manner of real-life problems resulting from your work. A wonderfully effective response is to invite them to have a look with you – in other words, “Let’s Go See!” It is seldom adequate to remain at one’s desk and speculate about causes and solutions and hope […]

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Jun 29, 2008
MPS should read the signs on taxation

The debate on whether parliamentarians should pay tax on their all income is rightly attracting the opprobrium of Kenyans. This is not a new issue, by the way, nor is it particularly Kenyan. Members of parliament and leading bigwigs in other countries have also, in the past, felt that their role is so special and […]

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Jun 27, 2008
Gentlemen, burn your ties – and free your spirit!

“According to a recent Gallup Poll, the number of men who wear ties every day to work dropped to a record low of 6%, down from 10% in 2002. U.S. Sales have plummeted to $677.7 million in the 12 months ending March 31, from their peak of $1.3 billion in 1995, according to market researcher […]

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The Edge: Connecting with Customers – out now

The Edge is a quarterly management knowledge series, jointly produced by the Business Daily and Strathmore Business School. I am the Consultant Editor. The current issue is out today, free with the Business Daily and on sale all weekend. This issue’s theme is Connecting with Customers: why we have forgotten the primacy of the customer, […]

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Jun 22, 2008
Why I didn’t listen to the Budget Speech

A minister reads out a written speech full of numbers, for more than 2 hours. A couple of hundred people, mostly elderly males, gather round him. Most are in varying degrees of somnolence. From time to time they wake up and clap – with their feet. And all of this is presided over by a […]

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Jun 20, 2008
Business has many casualties – but many do last the race

“Of the 500 companies that appeared on the first (Fortune 500) list, in 1955, only 71 have a place on the list today. Nearly 2,000 companies have appeared on the list since its inception, and most are long gone from it. Dozens of companies on this year’s list did not even exist in 1955. Some […]

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Jun 15, 2008
The Top 3 Peculiarities of Kenyans

Safaricom CEO Michael Joseph is perplexed again. His company’s latest promotion has turned out disastrously. The offer of ‘free’ calls after 9.00 pm every day has clogged the network and proved a nightmare for people trying to make calls at night. Why? Because Kenyans keep piling in in droves to make their calls at precisely […]

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Jun 13, 2008
Want to think better? Use your legs!

1. You learn 20% faster immediately after exercise than after sitting still. 2. If our ancestors sat still in the savanna for eight hours straight…they became somebody’s lunch. Our brains developed while we walked about 12 miles a day, seven days a week, for several million years. 3. The brain’s executive functions – higher-order capacities […]

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Jun 08, 2008
Stop playing the blame game – it’s for losers

I am writing this in the dark, afflicted by a power blackout. It seems a good time to pass the blame around. So let me start, obviously, by blaming our notorious power company, which has been a blight on this country for decades. Let me also pass some blame to my landlord, who seems incapable […]

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Jun 06, 2008
Why financiers periodically set fire to the economy

“Twenty-five years ago, when most economists were extolling the virtues of financial deregulation and innovation, a maverick named Hyman P. Minsky maintained a more negative view of Wall Street; in fact he noted that bankers, traders, and other financiers periodically played the role of arsonists, setting the entire economy ablaze. Wall Street encouraged businesses and […]

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Jun 01, 2008
The little things that shape history

Let’s talk football this Sunday. But only briefly, so the rest of you don’t run away… A few days ago the captain of Chelsea Football Club, John Terry, stepped up to take a Very Important Penalty in Moscow. His team was facing Manchester United in the final of the European Champions League, the world’s most […]

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May 30, 2008
Lessons from Heathrow’s Terminal 5 meltdown

“The gleaming 3.4bn pound new terminal at Heathrow Airport was opened to the public…and immediately went into meltdown when its baggage system failed. Over the course of five days, more than 250 flights were cancelled, and 20,000 pieces of luggage were separated from their owners. The chaos was a serious embarrassment for BAA, the Spanish-owned […]

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May 25, 2008
Eating into the time of others is an offence

Does this happen to you often? You show up for a meeting, five minutes ahead of time. Fifteen minutes after the agreed time, some of the other participants start to filter in. It takes another fifteen minutes before you have a quorum. Hardly anyone is apologetic. Some invitees never show up at all, and never […]

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May 23, 2008
Never sit on the mountain of conventional wisdom

“Never trust the vast mountain of conventional wisdom. It contains great nuggets of wisdom, it is true. But they lie alongside rivers of fool’s gold. Conventional wisdom daunts initiative and offers far too many convenient reasons for inaction, especially for those who have a great deal to lose. Fortunately for you, you do not have […]

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May 18, 2008
Leadership begins at home

Business leaders have been asking a question repeatedly since January 2008: “What am I going to do with my staff? After all the ethnic strife and bloodshed, some of them don’t want to sit with each other on the same table. There is mistrust and acrimony in the air, all over my company. All that […]

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May 16, 2008
When will Kenya produce an African market leader?

“In 2005, the Chinese computer company Lenovo bought I.B.M.’s P.C. division, and the Mexican cement company Cemex acquired the British cement giant RMC. Last year, India’s Mittal Steel paid thirty-three billion for the Belgian company Arcelor, and Tata’s steel company bought the British-Dutch steel producer Corus for more than eleven billion.” James Surowiecki (The New […]

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May 11, 2008
Want success in life? Commit!

There is a lesson we must all learn: life is nothing if you don’t commit to it. In love, in business, in your career: you can’t ‘succeed big’ if you don’t ‘commit big’. If you want to be a winner, you have to decide what you want and how you’re going to get it. And […]

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May 09, 2008
Is coffee a great business to be in?

“For coffee farmers in Meru Central, every waking moment is a constant reminder of the good old days when the berries were synonymous with wealth. In the late 1970s…during the so-called “coffee boom”, many millionaires were made as the region, which lies at the foot of Mt Kenya, benefited from coffee sales. Coffee was to […]

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May 04, 2008
This prisons debacle was entirely predictable

Our management deficit was in sharp focus again this week. Armed officers of the republic went on strike, and in the process threatened to endanger the fabric of the nation. The fact that they were prison officers, rather than policemen or soldiers, may have led many of us to trivialise the matter. That would be […]

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May 02, 2008
Are you one of the New Nomads?

“…research shows that in America (knowledge workers) spend less than a third of their working time in traditional corporate offices, about a third in their home offices and the remaining third working from “third places” such as cafes, public libraries or parks. And it is not just the young and digitally savvy.” The Economist (April […]

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Apr 27, 2008
Apply the law fairly and equally

In the interests of openness and transparency, I would like to admit to my readers that I am now a convicted felon. I’m not kidding. I was recently up before a magistrate at the High Court on a charge of dangerous driving. I pleaded guilty and was fined the sum of Sh. 11,000, with the […]

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Apr 25, 2008
Does experience matter in leadership? Not much!

“Most of us accept the common-sense notion that experience is a valuable, even necessary, component for effective leadership. Voters, for instance, tend to believe that the jobs of U.S. senator or state governor prepare individuals to be effective U.S. presidents. Similarly, organizations buy into this notion when they carefully screen outside candidates for senior management […]

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Apr 20, 2008
Time to stop singing ‘Malaika’

I have a lifelong love affair with Kenya’s coastline. Our great ocean exerts an irresistible romantic pull on me. No matter how many other great seas I visit, I invariably return to the warmest embrace of them all: the Indian Ocean. Much of the money I make in this life is spent sitting at the […]

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Apr 18, 2008
Lessons in talent management – from Singapore’s Lee

“It had taken me some time to see the obvious, that talent is a country’s most precious asset. For a small, resource-poor country like Singapore, with 2 million people at independence in 1965, it is the defining factor. …To get enough talent to fill the jobs our growing economy needed, I set out to attract […]

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Apr 13, 2008
Why we need EVEN more ministries!

Having given the matter sufficient thought, I now conclude that we need even more ministries than we think we do. That is my position and it will never change, not ever. It is clear from the justifications being bandied about for 40-odd ministries that whatever is important in Kenya must have a ministry in charge […]

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