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Tuskys empire in trouble
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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...
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  | | Edit by user: Thursday, February 25, 2016 11:35 AM | Reason: Not specified
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?
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kawi254
#43 Posted : Thursday, February 25, 2016 11:46:41 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
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.
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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?
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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.
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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
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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
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kaka2za
#48 Posted : Thursday, February 25, 2016 5:10:19 PM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
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)
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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
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gk
#50 Posted : Thursday, February 25, 2016 5:39:38 PM
Rank: Member

Joined: 5/17/2008
Posts: 489
Did you know that almost all the major smarkets can trace their origins in Nakuru .
Namumatt, Tuskys, Naivas, Quickmart, Homematt......
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