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Safaricom: time to sell as Michael Joseph to retire at the end of 2010
2012
#11 Posted : Thursday, March 18, 2010 4:44:55 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Life goes on... I'm sure they'll recruit someone much better than MJ. That at least I'm sure is what MJ would want. When an individual becomes bigger than the company eg Steve Jobs then there's a problem.

BBI will solve it
:)
Drew
#12 Posted : Thursday, March 18, 2010 5:31:21 PM
Rank: Member

Joined: 1/13/2009
Posts: 36
Apple is steve jobs, safaricom is Michael Joseph. I've alwayz hated the fact that safaricom hasn't gone cross borders maybe we wil get the person to take it there.
mzazii
#13 Posted : Thursday, March 18, 2010 5:41:17 PM
Rank: New-farer

Joined: 12/2/2009
Posts: 82
Location: kenya
This is good news, at last we may get a replacement who will find a permanent solution to the perennial network congestion on Friday afternoon.

One other thing, i don't see MJ leaving Kenya even on retirement - Kenya is such a beatifull country ( if you have good money!! ).
Opportunity may knock once, but temptation bangs on the front door forever..
mukiha
#14 Posted : Friday, March 19, 2010 8:21:22 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
One should never stay in a leadership position for too long.

When you do, soon enough everyone starts believing that you are the only one who can do the job [as happened to Kenyatta]

And soon after that you also start believing that you are the only one who can do it [as happened to Moi - God called Kenyatta before reaching this stage].

It is good for both MJ and SCOM for MJ to retire

It would also be good for both EQT and JM for JM to retire
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
2012
#15 Posted : Friday, March 19, 2010 8:32:53 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mukiha wrote:

It is good for both MJ and SCOM for MJ to retire


Well said. Naikuni... hata wewe.

BBI will solve it
:)
VituVingiSana
#16 Posted : Friday, March 19, 2010 9:11:46 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@magigi @gatheuzi - MJ unlike moi (to the best of my knowledge) never claimed he was irreplaceable.

As said earlier by @waithaka, MJ built something for the future... moi stole/destroyed Kenya's future for 24 years...

I will be sad to see MJ leave though it has to happen... he took over a moribund safaricom (when it was sorta under telkom) & changed it into a behemoth...

I was ecstatic when moi had to leave... I will shed no tears (except of joy) when he passes on...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#17 Posted : Friday, March 19, 2010 9:22:41 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
these guys better have a super replacement for MJ because a company this big falling into the wrong hands could spell MEGA DISASTER!!

Though that said MJ is leaving at more or less the right time since most of safcoms expansion plans are/almost implemented.. his successor should have smooth sailing...
Mark 12:29
Deuteronomy 4:16
wote
#18 Posted : Friday, March 19, 2010 9:28:03 AM
Rank: Member

Joined: 10/18/2007
Posts: 217
VVS, i couldn't have said it better than you have. IT breaks my heart that the Government still continues to reward Moi 2 million shillings every month after he stole so much from our poor tax payers.
It further sickess me that he is being given air time to open his thieving mouth to comment on the affairs of our great Nation which he sought so much to destroy.
muganda
#19 Posted : Friday, March 19, 2010 10:35:13 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Remember once reading somewhere that 'CEO effects' contribute as much as 15% to company performance.
the sage
#20 Posted : Friday, March 19, 2010 11:21:12 AM
Rank: Member

Joined: 11/20/2008
Posts: 367
@All, they'll probably higher some CEO who will lay off guys,freeze salaries and scrap bonuses as part of a "corporate strategy."
Pathetic.
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