Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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itz wrote:obiero wrote:Gordon Gekko wrote:maka wrote:obiero wrote:Gordon Gekko wrote:This is confirmation that Ngunze was the wrong choice for KQ. http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking. Tema hio mate mbaya! Ngunze is a gift from God It's the traders who requested. Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office? Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini? Hapo Luthuli kuna pesa mingi.. Na Kamukunji, River Road. Most of the shops there make more money than ordinary office workers at banks, law firms etc.. The downtownians actually travel alot too, to Dubai, China etc @obiero thanks for educating @gordon before he continued to sound ignorant on this matter. JamboJet ticketing office. Shuttle to/from airport coming soon hahaha. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,477 Location: nairobi
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sparkly wrote:itz wrote:obiero wrote:Gordon Gekko wrote:maka wrote:obiero wrote:Gordon Gekko wrote:This is confirmation that Ngunze was the wrong choice for KQ. http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking. Tema hio mate mbaya! Ngunze is a gift from God It's the traders who requested. Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office? Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini? Hapo Luthuli kuna pesa mingi.. Na Kamukunji, River Road. Most of the shops there make more money than ordinary office workers at banks, law firms etc.. The downtownians actually travel alot too, to Dubai, China etc @obiero thanks for educating @gordon before he continued to sound ignorant on this matter. JamboJet ticketing office. Shuttle to/from airport coming soon hahaha. There has been a shuttle since Jambojet's inception
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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My argument is pretty simple. KQ already has a clientele from Luthuli. Which extra customers will they win because of opening an office in Luthuli? If anything, new customers can be captured by simply reducing fares. I know Luthuli customers who use Ethiopian, Qatar, Etihad, Gulf Air, Emirates lately Rwandair simply on the basis of ticket price. This lot will not spend an extra $100 simply because they've been saved a walk to Barclay's Plaza. They are even ready to spend hours layovers at foreign airports to save this $100.
My aversion of Nguze is that he is a dye in the wool consultant, and I have nasty experiences with consultants who have moved to management. Consultants (PwC, Deloitte, Ernst etc) write great theoretical papers from their air conditioned offices but are an unmitigated disaster when given opportunity to implement their lofty ideas.
Case in point, you all remember that consultant from Coopers&Lybrand who was made MD of Unga to implement a white paper he had developed on turning around the miller. We know what happened to Unga. The same consultant went to head NBK, again we know what happened.
I say again, KQ needs a proven FMCG leader to run it, on the mould of Michael Joseph or Vimal Shah. They could even have taken the Marketing Director who joined them from Bidco.
KQ will do well, not on account of Nguze (or the Luthuli office) but on account of stars having lined themselves - lower fuel prices, efficient competitive fleet, low interest rates.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:itz wrote:obiero wrote:Gordon Gekko wrote:maka wrote:obiero wrote:Gordon Gekko wrote:This is confirmation that Ngunze was the wrong choice for KQ. http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking. Tema hio mate mbaya! Ngunze is a gift from God It's the traders who requested. Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office? Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini? Hapo Luthuli kuna pesa mingi.. Na Kamukunji, River Road. Most of the shops there make more money than ordinary office workers at banks, law firms etc.. The downtownians actually travel alot too, to Dubai, China etc @obiero thanks for educating @gordon before he continued to sound ignorant on this matter. JamboJet ticketing office. Shuttle to/from airport coming soon hahaha. There has been a shuttle since Jambojet's inception Shuttle from Luthuli. KQ/ JamboJet has stooped as low as competing for passengers with Eldoret express and Modern Coast. Life is short. Live passionately.
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Rank: Member Joined: 1/10/2015 Posts: 411
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I think KQ are doing the right thing downtown is where the money is. Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Chief Joined: 1/3/2007 Posts: 18,067 Location: Nairobi
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obiero wrote:sparkly wrote:itz wrote:obiero wrote:Gordon Gekko wrote:maka wrote:obiero wrote:Gordon Gekko wrote:This is confirmation that Ngunze was the wrong choice for KQ. http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking. Tema hio mate mbaya! Ngunze is a gift from God It's the traders who requested. Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office? Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini? Hapo Luthuli kuna pesa mingi.. Na Kamukunji, River Road. Most of the shops there make more money than ordinary office workers at banks, law firms etc.. The downtownians actually travel alot too, to Dubai, China etc @obiero thanks for educating @gordon before he continued to sound ignorant on this matter. JamboJet ticketing office. Shuttle to/from airport coming soon hahaha. There has been a shuttle since Jambojet's inception Ahem. Where is the Jambojet shuttle in Nairobi? There's one in Mombasa & Eldoret. Not that I know of in Nairobi but please let me know. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,067 Location: Nairobi
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Gordon Gekko wrote:My argument is pretty simple. KQ already has a clientele from Luthuli. Which extra customers will they win because of opening an office in Luthuli? If anything, new customers can be captured by simply reducing fares. I know Luthuli customers who use Ethiopian, Qatar, Etihad, Gulf Air, Emirates lately Rwandair simply on the basis of ticket price. This lot will not spend an extra $100 simply because they've been saved a walk to Barclay's Plaza. They are even ready to spend hours layovers at foreign airports to save this $100.
My aversion of Nguze is that he is a dye in the wool consultant, and I have nasty experiences with consultants who have moved to management. Consultants (PwC, Deloitte, Ernst etc) write great theoretical papers from their air conditioned offices but are an unmitigated disaster when given opportunity to implement their lofty ideas.
Case in point, you all remember that consultant from Coopers&Lybrand who was made MD of Unga to implement a white paper he had developed on turning around the miller. We know what happened to Unga. The same consultant went to head NBK, again we know what happened.
I say again, KQ needs a proven FMCG leader to run it, on the mould of Michael Joseph or Vimal Shah. They could even have taken the Marketing Director who joined them from Bidco.
KQ will do well, not on account of Nguze (or the Luthuli office) but on account of stars having lined themselves - lower fuel prices, efficient competitive fleet, low interest rates. @GG - True but there is a market for KQ in these areas. The office is not that pricey when one looks at KQ's other expenses. If the office can build a rapport with the traders and figure out what else they want except low fares then it is a huge Research tool for KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,477 Location: nairobi
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i know some branches for big banks in areas such as Mogotio, Sori and Serem. such offices are not meant to generate profit, so calculation office space plus tea girl costs is an effort in futility. these are merely a service centres to ensure convenience of existing clientele. actually, the Barclays Plaza one should be closed down since most of the clientele there are online enabled
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,477 Location: nairobi
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www.nation.co.ke/news/Li...32/-/lxa598/-/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 3/29/2011 Posts: 2,242
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Gordon Gekko wrote:My argument is pretty simple. KQ already has a clientele from Luthuli. Which extra customers will they win because of opening an office in Luthuli? If anything, new customers can be captured by simply reducing fares. I know Luthuli customers who use Ethiopian, Qatar, Etihad, Gulf Air, Emirates lately Rwandair simply on the basis of ticket price. This lot will not spend an extra $100 simply because they've been saved a walk to Barclay's Plaza. They are even ready to spend hours layovers at foreign airports to save this $100.
My aversion of Nguze is that he is a dye in the wool consultant, and I have nasty experiences with consultants who have moved to management. Consultants (PwC, Deloitte, Ernst etc) write great theoretical papers from their air conditioned offices but are an unmitigated disaster when given opportunity to implement their lofty ideas.
Case in point, you all remember that consultant from Coopers&Lybrand who was made MD of Unga to implement a white paper he had developed on turning around the miller. We know what happened to Unga. The same consultant went to head NBK, again we know what happened.
I say again, KQ needs a proven FMCG leader to run it, on the mould of Michael Joseph or Vimal Shah. They could even have taken the Marketing Director who joined them from Bidco.
KQ will do well, not on account of Nguze (or the Luthuli office) but on account of stars having lined themselves - lower fuel prices, efficient competitive fleet, low interest rates. They have just lost a good customer" a friend of mine" who lost all her christmas shopping on a connecting flight from Paris to Nbi. "Things that matter most must never be at the mercy of things that matter least." Goethe
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Rank: Elder Joined: 6/23/2009 Posts: 13,477 Location: nairobi
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loosing luggage on an international flight is like spilling some beer in a pub
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Gathige wrote:Gordon Gekko wrote:My argument is pretty simple. KQ already has a clientele from Luthuli. Which extra customers will they win because of opening an office in Luthuli? If anything, new customers can be captured by simply reducing fares. I know Luthuli customers who use Ethiopian, Qatar, Etihad, Gulf Air, Emirates lately Rwandair simply on the basis of ticket price. This lot will not spend an extra $100 simply because they've been saved a walk to Barclay's Plaza. They are even ready to spend hours layovers at foreign airports to save this $100.
My aversion of Nguze is that he is a dye in the wool consultant, and I have nasty experiences with consultants who have moved to management. Consultants (PwC, Deloitte, Ernst etc) write great theoretical papers from their air conditioned offices but are an unmitigated disaster when given opportunity to implement their lofty ideas.
Case in point, you all remember that consultant from Coopers&Lybrand who was made MD of Unga to implement a white paper he had developed on turning around the miller. We know what happened to Unga. The same consultant went to head NBK, again we know what happened.
I say again, KQ needs a proven FMCG leader to run it, on the mould of Michael Joseph or Vimal Shah. They could even have taken the Marketing Director who joined them from Bidco.
KQ will do well, not on account of Nguze (or the Luthuli office) but on account of stars having lined themselves - lower fuel prices, efficient competitive fleet, low interest rates. They have just lost a good customer" a friend of mine" who lost all her christmas shopping on a connecting flight from Paris to Nbi. Where was the connection from? possunt quia posse videntur
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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obiero wrote:loosing luggage on an international flight is like spilling some beer in a pub The poor lady may have spent a fortune, wacha jokes @obiero. Hope she had taken travel insurance, or maybe KQ has a policy cover for those eventualities. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Gatheuzi wrote:obiero wrote:loosing luggage on an international flight is like spilling some beer in a pub The poor lady may have spent a fortune, wacha jokes @obiero. Hope she had taken travel insurance, or maybe KQ has a policy cover for those eventualities. The bags will be looked for,(is that correct English,tafutwad)for 21 days and then she will be required to fill in an insurance claim form so that the process starts If KQ gets the bags after 21 days they stop processing the claim Compensation is paid out per kilo.... The value of the items in the bag are never considered unless you take out a separate insurance for items in the bag...  possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,067 Location: Nairobi
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obiero wrote:loosing luggage on an international flight is like spilling some beer in a pub What's the opposite of loosing a bag? Is it is tightening a bag? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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VituVingiSana wrote:obiero wrote:loosing luggage on an international flight is like spilling some beer in a pub What's the opposite of loosing a bag? Is it is tightening a bag? He he he. Don't blame @Obiero. He was probably affected by numerous teachers' strikes.  Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 2/18/2011 Posts: 448
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Gordon Gekko wrote:My argument is pretty simple. KQ already has a clientele from Luthuli. Which extra customers will they win because of opening an office in Luthuli? If anything, new customers can be captured by simply reducing fares. I know Luthuli customers who use Ethiopian, Qatar, Etihad, Gulf Air, Emirates lately Rwandair simply on the basis of ticket price. This lot will not spend an extra $100 simply because they've been saved a walk to Barclay's Plaza. They are even ready to spend hours layovers at foreign airports to save this $100.
My aversion of Nguze is that he is a dye in the wool consultant, and I have nasty experiences with consultants who have moved to management. Consultants (PwC, Deloitte, Ernst etc) write great theoretical papers from their air conditioned offices but are an unmitigated disaster when given opportunity to implement their lofty ideas.
Case in point, you all remember that consultant from Coopers&Lybrand who was made MD of Unga to implement a white paper he had developed on turning around the miller. We know what happened to Unga. The same consultant went to head NBK, again we know what happened.
I say again, KQ needs a proven FMCG leader to run it, on the mould of Michael Joseph or Vimal Shah. They could even have taken the Marketing Director who joined them from Bidco.
KQ will do well, not on account of Nguze (or the Luthuli office) but on account of stars having lined themselves - lower fuel prices, efficient competitive fleet, low interest rates. @GG this is the wisest comment in this thread.KQs pricing are a tad higher in comparison to competitors and they keep trying to whip up customers via this brand loyalty issue.That we should build our own. All said and done its about the most efficient option-cheaper seat with better service and there is no denying gulf carriers offer that. I'm just wondering if they could offer some sort of price point 'discrimination' or a bespoke approach to the more loyal customers/traders in some of the long haul sectors with say 65% load.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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What further confirmation does one need that the guy is wrong for CEO?
“The board has retained the services of a financial adviser to help re-balance our demand for cash and buy us time to drive the sales we need,” Mr Ngunze said.
Should the focus be balancing books or filling seats?
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Gordon Gekko wrote:What further confirmation does one need that the guy is wrong for CEO?
“The board has retained the services of a financial adviser to help re-balance our demand for cash and buy us time to drive the sales we need,” Mr Ngunze said.
Should the focus be balancing books or filling seats? Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Gordon Gekko wrote:What further confirmation does one need that the guy is wrong for CEO?
“The board has retained the services of a financial adviser to help re-balance our demand for cash and buy us time to drive the sales we need,” Mr Ngunze said.
Should the focus be balancing books or filling seats? Now selling land. www.businessdailyafrica....42/-/l5qnqr/-/index.htmlLife is short. Live passionately.
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