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Kenya Airways...why ignore..
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#5021 Posted : Friday, July 22, 2016 3:17:11 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
maka wrote:
littledove wrote:
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion





No one commented on the positives


Wewe kazi yako nikutetea stock even when it has wiped out your fortune! Umesahau ya kwamba you are still on suicide watch since yesterday.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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  | | Edit by user: Friday, July 22, 2016 3:18 PM | Reason: Not specified
obiero
#5022 Posted : Friday, July 22, 2016 3:18:26 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,226
Location: nairobi
enyands wrote:
maka wrote:
Why is Ngunze still the CEO?


Because our country rewards the most incompetent and inefficient officials

Connection

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maka
#5023 Posted : Friday, July 22, 2016 3:19:18 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
enyands wrote:
maka wrote:
Why is Ngunze still the CEO?


Because our country rewards the most incompetent and inefficient officials


Huko chini watu wanapelekwa mbio na ma appraisal him he is just enjoying the hefty perks and delivering crap.
possunt quia posse videntur
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ArrestedDev
#5024 Posted : Friday, July 22, 2016 3:20:49 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
enyands wrote:
maka wrote:
Why is Ngunze still the CEO?


Because our country rewards the most incompetent and inefficient officials


I expect the AGM to be very tense and hope that an intelligent shareholder with the necessary influence pull a fast one on both the board and the executive management.
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heri
#5025 Posted : Friday, July 22, 2016 3:44:18 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
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heri
#5026 Posted : Friday, July 22, 2016 3:46:47 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
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mlennyma
#5027 Posted : Friday, July 22, 2016 4:36:47 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
heri wrote:

yes and the dollar is not tied at 100
"Don't let the fear of losing be greater than the excitement of winning."
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MaichBlack
#5028 Posted : Friday, July 22, 2016 5:54:19 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
maka wrote:
Why is Ngunze still the CEO?

Probably the board is waiting for the popular American "Third Strike"!!!

KQ broke the loss records in the history of listed companies. This year they have broken their own record. May be the board is waiting for a third record!!!

Three strikes.... Applicable to Nguze???
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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  | | Edit by user: Friday, July 22, 2016 6:00 PM | Reason: Not specified
MaichBlack
#5029 Posted : Friday, July 22, 2016 6:04:17 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
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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MaichBlack
#5030 Posted : Friday, July 22, 2016 6:14:04 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
mlennyma wrote:
heri wrote:

yes and the dollar is not tied at 100

But with the resources KQ has, you should have someone who can predict the direction the shilling is likely to take given the macro and micro economic factors and give advice on the loan before it has been taken and even after it has been taken!

Example One

Example Two

The issue is simple. As a manager, don't sit on your a$$ and start whining. You are not paid millions to give excuses. You are there to come up with solutions. And they had better work! Otherwise we would have hired a random Kenyan and paid him/her a fraction of your salary if we wanted "might work" ideas!!!
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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  | | Edit by user: Friday, July 22, 2016 6:44 PM | Reason: Not specified
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