“Really, Hewlett-Packard? This is what’s become of the company of Bill and Dave — not just the founders of HP, but the founding fathers of Silicon Valley? Three CEOs in six years. Two of those CEOs who embarrassed themselves with inept campaigns for elective office. The other CEO who managed to get tossed out of […]
Read More“Steve Jobs is above all an Apple customer. He and Steve Wozniak built devices that both of them wanted to use themselves. Wozniak brought exceptional engineering chops. Even more important, Jobs (who can’t program) brought the perspective of a passionate and non-technical customer into the design, the look and feel, and the excitement of Apple […]
Read MoreI am so very tired of writing about disasters. And I am sure you are so very tired of reading about them. It was a bad week. First a ferry sank off Zanzibar. Several hundred people, including little children, were thrown into the sea. More than two hundred are believed to have died. Next, fuel […]
Read More“Today, greater professionalism is expected of a Chairman. S/he must possess a range of ‘soft skills’ and have the ability to coach new board members (especially executive directors); handle debates with skill; tease out concerns; orchestrate and unite an often disparate group; recruit the right people; and effect behavioural change where necessary. The chairman needs […]
Read More“Some CEOs of long tenure must have gotten a slightly queasy feeling as they watched the recent events in the Arab world. Even if they bear no resemblance at all to Hosni Mubarak or Muammar Qaddafi—even if they are the most competent and benevolent of leaders—they may well feel horror at how rapidly the fortunes […]
Read More“In the US they call it the “Murdoch discount”. This is the amount by which US analysts reckon shares in News Corporation are depressed because of the controlling stake held by the Murdoch family; about 40 per cent of the B voting shares, although only 13 per cent of the share capital. Analysts never like […]
Read MoreRupert Murdoch’s media empire, so long a global behemoth, is in serious trouble. Commentators are scrambling to make sense of the events that led to the closure of a 168-year-old newspaper, the News of the World (NOTW) – until last Sunday Britain’s most popular newspaper. It won’t end there. The shenanigans at NOTW threaten to […]
Read More“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups” HENRY HAZLITT Economics in One Lesson (1946) When I was a young lad barely into […]
Read MoreAfter years of procrastination, I finally made it to Kigali recently. I had, of course, heard what you have all heard: that it is an African city that is clean and orderly. I was, of course, sceptical. Seeing is believing. Even so, the evidence of my own eyes was hard to believe. The roads and […]
Read More“The data seem clear on David Sokol’s conflict of interest in the Berkshire/Lubrizol deal. He bought shares in Lubrizol, and then encouraged Berkshire to buy the company. He claimed that because he didn’t know whether Berkshire would follow his recommendation he didn’t have inside information. But he clearly had information that the public didn’t have […]
Read More“In the Google context, we’d always believed that to be a manager, particularly on the engineering side, you need to be as deep or deeper a technical expert than the people who work for you,” Mr. (Laszlo) Bock says. “It turns out that that’s absolutely the least important thing. It’s important, but pales in comparison. […]
Read More“THE LONE RANGER: This is the “I need to do it myself if it is going to get done right” leader. News flash, you are NOT a leader if you are doing everything and deciding everything. Being a leader is about empowering others, motivating them to act like an owner. A lone ranger may feel […]
Read MoreMombasa is very dear to me. Mombasa is childhood memories; wonderful sights and sounds; spicy aromas; and, of course, the peerless Indian Ocean. Mombasa is a cradle of culture; the place where diverse languages and cuisines and songs have interlocked for centuries. Mombasa is the biggest port in the region, the place where most of […]
Read MoreA few weeks ago India’s foreign minister, S.M. Krishna, stood before the United Nations and read a speech. Nothing peculiar in that – the UN, after all, excels in listening to speeches. But there was a problem: it was the wrong speech. What Mr. Krishna read out was actually the speech of the Portuguese foreign […]
Read MoreI had the privilege of moderating a panel discussion at Strathmore Business School last week. Kenya was hosting an important visitor: Jose Maria Aznar, prime minister of Spain from 1996 to 2004. Mr Aznar is a highly regarded global leader for a good reason: he is a conviction politician who calls it as he sees […]
Read More“Our high performers create enthusiasm for things… They create energy, and even though this is intangible it generates client sales and follow-on work as it gets other people here engaged in and supportive of what they are doing.” ROBERT I. SUTTON Good Boss, Bad Boss (2010) Bob Sutton is that rarity: a professor who talks […]
Read MoreKenyan leaders, I know you don’t read much. Your time seems to be wholly consumed by midnight meetings, political plots and ugly utterances. So I thought I would offer you an executive summary of the story of a man who has just changed the world. Please read this as your driver overlaps through our 24/7 […]
Read MoreLike a tidal wave the people came, and kept coming. They had had enough, and had nothing to lose. Only a complete removal of those who led them would appease them. Day after day after day they piled into the streets. They made their own country ungovernable and froze its economy. It was only a […]
Read MoreDear Kenyan Chief Executives Last week I wrote to you to point out that if your company’s customer service sucks, there’s only one real culprit – the person you greet in the mirror every morning. Some of you may have taken umbrage at that suggestion, so do allow me to elaborate in this second part […]
Read MoreDear Kenyan Chief Executives As we launch deeper into 2011, and as many of you sit down to plan your strategic priorities, I thought it apt to plant some ‘thought seeds’ in your magnificent minds. You will know, I am sure, that the core of your business is your customer. Business is an ecosystem, but […]
Read More“A study conducted by Jennifer S. Lerner with Julie H. Goldberg of the University of Illinois and Philip E. Tetlock of UC Berkeley documented the psychological effects of residual anger. The study found that people who saw an anger-inducing video of a boy being bullied were then more punitive toward defendants in a series of […]
Read More“Until last week, I had always thought that it was the worst CEOs that had so much in common with two-year-olds. Both groups tend to swagger round with a wide-legged gait. Both say “mine” a lot and are exceedingly bad at sharing. Both have short attention spans. Both lack common sense and have issues with […]
Read MoreIsn’t it time we Kenyans gave Barack Obama a mid-term report? We take a special interest in his presidency, after all. Two years ago I waxed entirely lyrical about Obama’s ascendancy to the world’s top job. That a black man, with Kenyan origins to boot, had made it so high was indeed cause for celebration […]
Read More“If you think about how you steer a boat, it’s always from the back, and I’ve moved toward the back of the boat. Initially, my sense of leadership was to be the military general out in front of the troops and the first one rushing into battle. You have to be a leader. You have […]
Read More“Managers are repeatedly urged to practice what they preach so others will take their preaching seriously and try to implement it in their own work. Hypocrisy is the culprit here and to exorcise it, managers are told to “walk the talk”… Part of the reason people fail when they try to walk the talk is […]
Read More“How do owner-managers know when and by how much to loosen the apron strings? And how do they choose who should take over responsibility for their precious offspring? Mayank Patel, founder of Currencies Direct, a UK-based foreign exchange and international payments business with turnover of £1.2bn ($1.8bn, €1.4bn), says he knew from the start in […]
Read More“Clement Attlee, Britain’s leader in the era of postwar austerity, was once approached by a BBC reporter who adopted the deferential style then thought appropriate. “Prime minister, do you have anything to say to the nation?” the journalist asked. “No,” said Attlee, walking on. Attlee had never heard of a focus group, and it is […]
Read More“The true leader is a manager who works with people and considers them to be unique and unrepeatable, and seeks their excellence on all levels…Leading means being capable of directing people in such a way that you get the best out of them, unleashing their full potential by being a good coach and mentor. This […]
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