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

Oct 19, 2007
How educated do executives need to be?

“…Educated people do not rely exclusively, or indeed even primarily, on the instruction they receive, but seek to satisfy their insatiable intellectual curiosity by their own means of self-improvement. Yet, in the business-class section of long flights to geographically and culturally remote places, typically the business passenger will be seen watching silly videos that require […]

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Oct 16, 2007
It’s the people, stupid

Media Focus on Development has put up a special website for the general election campaign in Kenya. I have provided a piece on who’s responsible for the lamentably low level of discourse. Click http://www.mediafocusondevelopment.com/

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Oct 14, 2007
Learning from China and India

China and India are undoubtedly the economic phenomena of this generation. Both are in the midst of an economic transformation that is startling in its scale and scope. Both are criticised – China, for still being an autocratic, undemocratic regime, India for not doing enough for its poor people – but there is no doubt […]

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Oct 12, 2007
Does IT give any real advantage?

“Every year, companies spend more than $2 trillion on computer and communications equipment and services. Underlying these enormous expenditures is one of modern business’s most deeply held assumptions: that information is increasingly critical to competitive advantage and strategic success. …I will argue that IT’s strategic importance is not growing, as many have claimed or assumed, […]

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Oct 07, 2007
Is Africa in the right businesses?

What is the coffee business? What is the football business? What is the athletics business? What is the flowers business? For us in Africa, the answers to those questions are very simple indeed. The coffee business is BEANS. The football business is PLAYERS. The athletics business is RUNNERS. The flowers business is GREENHOUSES. In all […]

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Oct 05, 2007
The amazing magic of the market

“In a single day, on July 16, 2005, the American and British economies delivered nine million copies of the sixth volume of the Harry Potter children’s book series to eager fans. Book retailers continually restocked the shelves as customers snatched up the book. Amazon and Barnes & Noble shipped preordered copies directly to customers’ homes. […]

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Sep 30, 2007
Let politicians unleash ideas, not mobs

Silly little armies wearing shukas and carrying bows and arrows. People being attacked simply because they dare to stand for election. Rent-a-mob tit-for-tat protests. Idiots clapping and jeering as they burn effigies. Threats and counter-threats. Banned rallies. Insults and abuse. What a childish general-election campaign we seem to have in store. It is extremely worrying […]

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Sep 28, 2007
Big firms should not pick fights with the small fry

“In a meeting convened to explore opportunities, I asked my client’s managers how they intended to grow faster. The sales & marketing manager confidently replied they would destroy smaller competitors. My client, the leader in their industry, held a dominant share of the market. Small regional companies had been nibbling away at their heels for […]

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Sep 23, 2007
Dump these outdated ideas about education

In education lies our future. We won’t take off as a nation until we learn to learn, and keep learning. Education bestows discernment; discernment allows us to make good decisions and good choices; decisions and choices drive performance and growth. So far, so good. But all of that is hogwash if we don’t understand what […]

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Sep 21, 2007
Building a great company takes patience

“Consider…the evolution of Wal-Mart. Most people think that Sam Walton just exploded onto the scene with his visionary idea for rural discount retailing, hitting breakthrough almost as a start-up company. But nothing could be further from the truth. Sam Walton began in 1945 with a single dime store. He didn’t open his second store until […]

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Sep 16, 2007
This political matatu race retards our progress

Let’s have a history lesson for the youngsters this Sunday. In the 1980s, Daniel arap Moi and Mwai Kibaki led the same government. In the 1990s and in 2002, they were on opposite sides, and vociferously so. In 2007, they are together again, praising each other’s statesmanship. In the 1980s, Moi and Kibaki were leading […]

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Sep 14, 2007
The fallacy of the ‘hands-off’ leader

“Lots of business leaders like to think that the top dog is exempt from the details of actually running things. It’s a pleasant way to view leadership: you stand on the mountaintop, thinking strategically and attempting to inspire your people with visions, while managers do the grunt work. This idea creates a lot of aspirations […]

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Sep 09, 2007
No books, please – we’re Kenyan! The debate continues

Two weeks ago I wondered why Kenyans don’t read books, and the comments have come in thick and fast (you can follow the best of them on www.sunwords.com). This is clearly a subject that perplexes many people. So let us spend some more time examining the issue again. A number of readers pointed out that […]

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Sep 07, 2007
Stop competing and start re-imagining

“…imagine a market universe composed of two sorts of oceans: red oceans and blue oceans. Red oceans represent all the industries in existence today. This is the known market space. Blue oceans denote all the industries not in existence today. This is the unknown market space. In the red oceans, industry boundaries are defined and […]

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Sep 02, 2007
Is this job a joke?

Would you care for this job? This is one of the top positions in the country, commensurate with excellent pay, status and perks. Ah, you ask: that probably means there’s a lot of stress and responsibility attached. Not at all! Any idiot can do this job (and many do). Responsibility and accountability are minimal. Qualifications: […]

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Aug 31, 2007
The boss must ‘walk in stupid’ – every day!

“It’s the hardest thing to do as a leader, but it’s the most important thing. Whatever day it is, something in the world changed overnight, and you better figure out what it is and what it means. You have to forget what you just did and what you just learned. You have to walk in […]

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Aug 26, 2007
Books are the key to a better life

Why don’t Kenyans read books? That is the lament of many a writer, publisher and intellectual. We don’t have that many bookshops in this country – and most of the successful ones are forced to sell a whole range of other items, from CDs to greeting cards. Equally, it’s rare to find a writer who […]

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Aug 24, 2007
Are your board directors dinosaurs?

“A decade ago, when one non-executive director joined the board of a paragon of American industry, a long-serving colleague told him, in private, “New directors shouldn’t speak up during board meetings for the first year.” That attitude is untenable today and, in fact, that board is much different now. But such comments are indicative of […]

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Aug 19, 2007
Do we want to build a nation of entrepreneurs – or extortionists?

I last wrote about harassment of businesses and citizens by the authorities in December 2005. I am forced to revisit the topic, because those in charge appear to have their heads deep in hot sand. I wrote then: “This country of ours still demonstrates an alarming propensity to shoot itself in the foot, regularly and […]

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Aug 17, 2007
Strategic planning has become a tiresome ritual

“…the annual strategy review frequently amounts to little more than a stage on which business unit leaders present warmed-over updates of last year’s presentations, take few risks in broaching new ideas, and strive above all to avoid embarrassment. Rather than preparing executives to face the strategic uncertainties ahead or serving as the focal point for […]

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Aug 12, 2007
A unique man and his unique network

His Highness the Aga Khan’s 50th anniversary celebrations came to Kenya this week. He is marking his accession to spiritual leadership of the Ismaili Muslim community, and has chosen to commemorate much of this milestone here in Kenya. We should return the gesture by understanding the unique set of institutions that this leader has developed […]

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Aug 10, 2007
Share prices must be supported by fundamentals

“Shares should rise in price only if there’s good reason to think future profits will be high. As we know, profits derive from scarcity; for instance, ownership of scarce land (protected by legal title), a scarce brand (protected by trademark) or an organisation with unique capabilities (protected by nothing more than the fact that most […]

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Aug 05, 2007
Time to rethink our approach to employment

Would you care to work for this company? This company makes it easy for you to get to work. It provides air-conditioned buses from five locations, free of charge for all employees. And the buses are Wi-Fi enabled. If you drive to work, your car will be washed and have its oil changed while you […]

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Aug 03, 2007
Want to fire up your employees? Stick a generator in them

“If I kick my dog (from the front or the back), he will move. If I want him to move again, what must I do? I must kick him again. Similarly, I can charge a man’s battery, and then recharge it, and recharge it again. But it is only when he has his own generator […]

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Aug 02, 2007
‘Thought Leadership’: A new weekly column for the Business Daily

I’m pleased to confirm that I will be starting a new weekly column for Kenya’s new Business Daily, every Friday starting 3 August. ‘Thought Leadership’ is designed to feed Kenya’s growing hunger for high-quality management knowledge. Every week, I will take an excerpt from a classic management book, article or paper – new and old. […]

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Jul 29, 2007
Getting back our self-respect: the time is NOW

Imagine a 44-year-old adult. Let’s say his name is K. K is a grown man, but an underachiever. He dropped out of school early, and does menial work for little pay. He watches his neighbours with envy: some have developed their own businesses; others get large pay-packets for performing highly skilled jobs. K has to […]

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Jul 22, 2007
We need to feel the tremors in our heads

We were all shaking this week. Some were shaking because the earth actually trembled under their feet; others shook because of the fear of the earth shaking in future; and most were shaking just because of the uncommonly cold weather. If, like me, you left your abode en famille in the early hours of Wednesday […]

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Jul 15, 2007
Being poor in Kenya: A life of insults

Who would want to be poor in Kenya? We treat the poor no better than chewing-gum stuck to our shoes. If you are poor in Kenya, you must never fall seriously ill. If you do, your descent into hell will begin. Assuming you have a local clinic, you will in all likelihood be given the […]

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