“…Mr (Gordon) Brown’s most damaging flaw: he is a lousy communicator. A failing in any leader, for Mr Brown this weakness has proved catastrophic…Sadly (for him and for Labour), Mr Brown has a bad habit even more damaging than saying impossible things: saying nothing at all, often at excruciating length…Beyond the universal if dispiriting fact […]
Read MoreAs Kenya taxis on the runway preparing for take-off, it is important to get a sense of priority. We must all realise what’s hot, and what’s really not. Otherwise we are going to go round and round this airport and watch all those other planes zooming around in the sky. I have designed a special […]
Read MoreThe 2007 Fortune Global 500: 1. Wal-Mart Stores 2. Exxon Mobil 3. Royal Dutch Shell 4. BP 5. Toyota Motor 6. Chevron 7. ING Group 8. Total 9. General Motors 10. ConocoPhillips Fortune (July 21, 2008) What’s new in Fortune‘s Global 500 List? Well, 6 of the top 10 corporations by revenue are oil companies, […]
Read MoreFor all my optimism about the future of this fair land, I am now deeply disturbed. What is a society to make of itself when its children start burning down their schools? That society should be very, very worried. We now have a spate of copycat arson attacks leaving a trail of burnt dormitories across […]
Read More“A bitter rivalry between two Indian billionaire brothers has scuttled negotiations to combine two of the developing world’s largest mobile-phone carriers. South Africa’s MTN Group Ltd. and India’s Reliance Communications Ltd. called off talks Friday over a potential multibillion-dollar deal that would have created a wireless giant. Behind the collapse of the talks is the […]
Read MoreWhen at a certain stage in my life I finally managed to generate some surplus cash (it took a long time), I immediately decided to invest in some stockmarket shares (as many do). I started reading the financial press trying to seek out a real winner of a company to back. I noted that many […]
Read More“So the summit ended as such summits always do. The delegates agreed on the importance of the problem, the urgent requirement to spend more money: they emphasised the need for co-ordinated action, and resolved to meet again in future to reach the same conclusions. If you have no substantive analysis or common principles beyond acquiescence […]
Read MoreI will be in attendance at the inaugural meeting of the Storymoja Business Club, Books First, Nakumatt Lifestyle, Monrovia Street, Nairobi, 6.00 to 8.00 pm. The Storymoja Business Club is a new forum for managers and students of business to discuss business books in a convivial gathering of peers. Members meet once a month to […]
Read MoreThe 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 […]
Read More“…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 […]
Read MoreIf 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 […]
Read More“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 […]
Read MoreThe 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 […]
Read More“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 […]
Read MoreThe 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, […]
Read MoreA 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 […]
Read More“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 […]
Read MoreSafaricom 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 […]
Read More1. 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 […]
Read MoreI 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 […]
Read More“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 […]
Read MoreLet’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 […]
Read More“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 […]
Read MoreDoes 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 […]
Read More“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 […]
Read MoreBusiness 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 […]
Read More“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 […]
Read MoreThere 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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