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Showing posts with the label regulation

Chopping up the big green giant (Safaricom)

It’s time to take Safaricom down. It’s time to chop up that green giant into smaller pieces. In just 10 short years, Safaricom Ltd has grown from a small unprofitable subsidiary of Telkom Kenya catering to the uber rich into Kenya’s largest telecommunications company, ISP, and bank. This behemoth, with its size, information control, and growing database of personal information of its clients threatens our economic stabilty, individual liberties and our sovereignty and  cannot afford to left this unchecked. At the end of this speech, fellow toastmasters you will join my petition to have Safaricom Ltd, be broken up into smaller, more regulated companies. 1.       The first and most obvious reason why we need to break up Safaricom is because of its sheer size. In every category, Safaricom is a lumbering giant. It has over millions of Kenyans using its services and makes billions for its shareholders and government.  While these numbers may bring comfort to it’s over 500,000 shareho

Safaricom: King of Innovation

A detour from the constitutional debate. This week there has been a very public back and forth between Safaricom on one side and CCK, Yu, Zain, and Telkom on the other. The brouhaha is over a set of regulations published by CCK, which you can view here and here . Now, I'll be honest I tried reading the regulations but I got bored, but if I'm to believe the arguments of CCK and Safaricom then I'm going to give this one to Safaricom. Why lie Safaricom deserves to be market leader. Not only have they cranked out great product after great product, they've done this while keeping their business very profitable using the "just good enough formula". In case you have not read The Innovator's Solution , by Clayton Christensen and Michael Raynor, then I'll explain. The just-good-enough formula means that a product need not be perfect to be marketable, it must only meet the minimum threshold of the job the consumer is trying to achieve. The clearest example