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Tuskys empire in trouble
Robinhood
#41 Posted : Thursday, February 25, 2016 11:32:51 AM
Rank: Elder


Joined: 12/11/2008
Posts: 2,306
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over
Great men are not always wise, neither do the aged understand judgement...
alma1
#42 Posted : Thursday, February 25, 2016 11:39:30 AM
Rank: Elder


Joined: 9/19/2015
Posts: 2,871
Location: hapo
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over


Let them fight, an Uber is coming soon.
Thieves are not good people. Tumeelewana?

kawi254
#43 Posted : Thursday, February 25, 2016 11:46:41 AM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
There are new nimble supermarkets with better customer care coming up. e.g Quickmart in Ruaka has more customers than Tuskys Ruaka across the road.
mulla
#44 Posted : Thursday, February 25, 2016 12:06:56 PM
Rank: Member


Joined: 6/15/2013
Posts: 301
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over


Why did they want him out?? Alifanya nini?
Mike Ock
#45 Posted : Thursday, February 25, 2016 12:07:50 PM
Rank: Member


Joined: 1/22/2015
Posts: 682
Last year there was a fist fight between old CEO and one of the brats in full view of the employees, now this. The board should have stood by the CEO to break the cycle and show the kids that such shenanigans won't be allowed any more.
Gathige
#46 Posted : Thursday, February 25, 2016 12:33:54 PM
Rank: Elder


Joined: 3/29/2011
Posts: 2,242
Mike Ock wrote:
Last year there was a fist fight between old CEO and one of the brats in full view of the employees, now this. The board should have stood by the CEO to break the cycle and show the kids that such shenanigans won't be allowed any more.



That was the board. In family matters the line is very very thin. It's like the parents who are the senior board sent the children who are the junior board to give the CEO marching orders.
"Things that matter most must never be at the mercy of things that matter least." Goethe
Ash Ock
#47 Posted : Thursday, February 25, 2016 12:48:07 PM
Rank: Member


Joined: 8/27/2010
Posts: 495
Location: Nairobi
Gathige wrote:
Very embarrassing indeed. Instead of the 3rd generation using the wealth to go the "Harvards", intern at "Wallmarts" and return and perfect on what the first generation built, they are busy shouting Haki Yetu. Kwanza that lady in green in the video ni disaster. This is one business taht cannot last for long. I am pretty sure the branch managers are by now plundering the branches and stockings their Kiosks


Very true. Very few family enterprises can survive this. The wealth is being seriously diluted with each subsequent generation yet, to maintain their accustomed lifestyles, they end up spending more than the generated returns from the business.

So the infighting we're now seeing becomes more and more the focus of the family members as each one of them wants to continue enjoying the wealth, while no new wealth is being generated.

It's inevitable.
Sent from my Black Nokia 3310
kaka2za
#48 Posted : Thursday, February 25, 2016 5:10:19 PM
Rank: Elder


Joined: 10/3/2008
Posts: 4,057
Location: Gwitu
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over



Surely,what is the secret of the Ndegwa family? They are so discreet in their affairs and have stayed out of public eye despite being among the richest families in Kenya.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
Gathige
#49 Posted : Thursday, February 25, 2016 5:15:40 PM
Rank: Elder


Joined: 3/29/2011
Posts: 2,242
kaka2za wrote:
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over



Surely,what is the secret of the Ndegwa family? They are so discreet in their affairs and have stayed out of public eye despite being among the richest families in Kenya.



One word- Education. You don't take kids to Wharton and they come back shouting haki yetu.
"Things that matter most must never be at the mercy of things that matter least." Goethe
gk
#50 Posted : Thursday, February 25, 2016 5:39:38 PM
Rank: Member


Joined: 5/17/2008
Posts: 488
Did you know that almost all the major smarkets can trace their origins in Nakuru .
Namumatt, Tuskys, Naivas, Quickmart, Homematt......
kaka2za
#51 Posted : Thursday, February 25, 2016 6:14:27 PM
Rank: Elder


Joined: 10/3/2008
Posts: 4,057
Location: Gwitu
mulla wrote:
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over


Why did they want him out?? Alifanya nini?


May be it was personal.The lady in green was on fire.Heaven has no rage like love to hatred turned, Nor hell a fury like a woman scorned .
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
wanyee
#52 Posted : Thursday, February 25, 2016 6:19:59 PM
Rank: Member


Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
gk wrote:
Did you know that almost all the major smarkets can trace their origins in Nakuru .
Namumatt, Tuskys, Naivas, Quickmart, Homematt......

Actually Rongai Nakuru ..home of Rongai workshop ..Trucking..co=incidence?..a study on enterprise and neighbourhoods
innairobi
#53 Posted : Saturday, February 27, 2016 6:50:18 PM
Rank: Member


Joined: 9/2/2010
Posts: 845
Gathige wrote:
kaka2za wrote:
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over



Surely,what is the secret of the Ndegwa family? They are so discreet in their affairs and have stayed out of public eye despite being among the richest families in Kenya.



One word- Education. You don't take kids to Wharton and they come back shouting haki yetu.


true. helps expand world view methinks. the kids also acquire skills that allow them to live and be successful anywhere in the world without necessarily needing to rely on daddy's business. that confidence and fallback minimizes petty squabbles.
All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
quicksand
#54 Posted : Sunday, February 28, 2016 12:08:19 PM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
innairobi wrote:
Gathige wrote:
kaka2za wrote:
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over



Surely,what is the secret of the Ndegwa family? They are so discreet in their affairs and have stayed out of public eye despite being among the richest families in Kenya.



One word- Education. You don't take kids to Wharton and they come back shouting haki yetu.


true. helps expand world view methinks. the kids also acquire skills that allow them to live and be successful anywhere in the world without necessarily needing to rely on daddy's business. that confidence and fallback minimizes petty squabbles.


Nope. Its control. Sure, a good education is important but we have seen good businesses run down by very well educated fellows.
Control. Either you have a steel-willed, ironfisted taskmaster who keeps everyone in line -OR you have unimpeachable processes, checks and balances in place. One such is a rule that disagreements can only be abritated in private, not public and certainly not infront of the press. Make it inviolable, signed and enforcable in law, like an. NDA, anyone breaking it forfeits a percentage of profit or control or voting rights for a time. Hit the pocket hard, this wouldn't happen. Its just a matter of discipline. Thats my opinion.
kaka2za
#55 Posted : Sunday, February 28, 2016 1:16:52 PM
Rank: Elder


Joined: 10/3/2008
Posts: 4,057
Location: Gwitu
quicksand wrote:
innairobi wrote:
Gathige wrote:
kaka2za wrote:
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over



Surely,what is the secret of the Ndegwa family? They are so discreet in their affairs and have stayed out of public eye despite being among the richest families in Kenya.



One word- Education. You don't take kids to Wharton and they come back shouting haki yetu.


true. helps expand world view methinks. the kids also acquire skills that allow them to live and be successful anywhere in the world without necessarily needing to rely on daddy's business. that confidence and fallback minimizes petty squabbles.


Nope. Its control. Sure, a good education is important but we have seen good businesses run down by very well educated fellows.
Control. Either you have a steel-willed, ironfisted taskmaster who keeps everyone in line -OR you have unimpeachable processes, checks and balances in place. One such is a rule that disagreements can only be abritated in private, not public and certainly not infront of the press. Make it inviolable, signed and enforcable in law, like an. NDA, anyone breaking it forfeits a percentage of profit or control or voting rights for a time. Hit the pocket hard, this wouldn't happen. Its just a matter of discipline. Thats my opinion.


So who is the iron fisted taskmaster in the Ndegwa family?
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
Sevian
#56 Posted : Sunday, February 28, 2016 1:56:06 PM
Rank: New-farer


Joined: 4/8/2015
Posts: 42
kaka2za wrote:
quicksand wrote:
innairobi wrote:
Gathige wrote:
kaka2za wrote:
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over



Surely,what is the secret of the Ndegwa family? They are so discreet in their affairs and have stayed out of public eye despite being among the richest families in Kenya.



One word- Education. You don't take kids to Wharton and they come back shouting haki yetu.


true. helps expand world view methinks. the kids also acquire skills that allow them to live and be successful anywhere in the world without necessarily needing to rely on daddy's business. that confidence and fallback minimizes petty squabbles.


Nope. Its control. Sure, a good education is important but we have seen good businesses run down by very well educated fellows.
Control. Either you have a steel-willed, ironfisted taskmaster who keeps everyone in line -OR you have unimpeachable processes, checks and balances in place. One such is a rule that disagreements can only be abritated in private, not public and certainly not infront of the press. Make it inviolable, signed and enforcable in law, like an. NDA, anyone breaking it forfeits a percentage of profit or control or voting rights for a time. Hit the pocket hard, this wouldn't happen. Its just a matter of discipline. Thats my opinion.


So who is the iron fisted taskmaster in the Ndegwa family?
ey

Mummy. Just like the Kenyatta's. Daddy created, mummy protects and nourishes for further growth
Mainat
#57 Posted : Sunday, February 28, 2016 2:02:24 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
A Ciano like scenario was developing
Sehemu ndio nyumba
gk
#58 Posted : Sunday, February 28, 2016 3:28:25 PM
Rank: Member


Joined: 5/17/2008
Posts: 488
[/quote]ey

Mummy. Just like the Kenyatta's. Daddy created, mummy protects and nourishes for further growth
[/quote]
It is said that save for land acquisition, Jomo was not really enterprising n that he left the family quite strained on liquidity. That wht we see now ni bidii ya Ngina n sons
enyands
#59 Posted : Sunday, February 28, 2016 6:19:18 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Sevian wrote:
kaka2za wrote:
quicksand wrote:
innairobi wrote:
Gathige wrote:
kaka2za wrote:
Robinhood wrote:
What I saw was just emotions and 'never ever set foot in this business again' from the lady in green.

This never seems to happen with the Ndegwa's. Well organised folks who seem to never like having their kids running their businesses. They prefer serious professionals, hired by external consultants Etc.

Soon there may be nothing for these Tuskys kids to fight over



Surely,what is the secret of the Ndegwa family? They are so discreet in their affairs and have stayed out of public eye despite being among the richest families in Kenya.



One word- Education. You don't take kids to Wharton and they come back shouting haki yetu.


true. helps expand world view methinks. the kids also acquire skills that allow them to live and be successful anywhere in the world without necessarily needing to rely on daddy's business. that confidence and fallback minimizes petty squabbles.


Nope. Its control. Sure, a good education is important but we have seen good businesses run down by very well educated fellows.
Control. Either you have a steel-willed, ironfisted taskmaster who keeps everyone in line -OR you have unimpeachable processes, checks and balances in place. One such is a rule that disagreements can only be abritated in private, not public and certainly not infront of the press. Make it inviolable, signed and enforcable in law, like an. NDA, anyone breaking it forfeits a percentage of profit or control or voting rights for a time. Hit the pocket hard, this wouldn't happen. Its just a matter of discipline. Thats my opinion.


So who is the iron fisted taskmaster in the Ndegwa family?
ey

Mummy. Just like the Kenyatta's. Daddy created, mummy protects and nourishes for further growth


If you are a parent you will know which of your kids can run your business or run down your empire. That's the reason why some parents decide to donate all the world to charity. Bill Gates decided to donate almost all his charity to philanthropy. Warren Buffet doesnt want to leave all of his property to his sons instead a good chunk to Melinda and Bill Gates Foundation. That's why some people choose to leave their wealth to dogs! Sounds mean but it tells you how some parents don't trust their wealth to their own kids

link


Kenyatta mzee was smart. If he left liquidity then there would be problem like the karumes, former kplc boss, .... kanyotu,.... But he left a seed (land) for his kids to do planting themselves (brookside and the rest) and experience the journey of growth as seed germinates.that's why you will never hear the Kenyatta's in court over land dispute. Mzee left strict land laws that he signed himself and no one should challenge in courts.
Kusadikika
#60 Posted : Sunday, February 28, 2016 11:35:55 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,702
Maybe its a good thing that this family is fighting, they might break up and form other successful companies just like Naivas and Tuskys are the products of the disagreement between the brothers who owned the original Magic Supermarkets.
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