[kictanet] [isoc_ke] The pitfalls of Innovation moving faster than Regulation - The case of Safaricom and Lipisha (Mwendwa Kivuva)

Matunda Nyanchama mnyanchama at aganoconsulting.com
Mon Nov 30 08:27:14 EAT 2015


Friends
This is a good discussion.
I read somewhere about the emergence of Toyota and its global dominance. Back in time, American auto companies (then the world's largest) failed to embrace ideas proposed by the founder of Toyota (I believe Toyoda is the name). He went ahead to do exactly what had found resistance in North America and the rest is history. ... It took these auto companies close to 20 years to even measure to the quality standards of the 'new comer' in their space. ... there is a similar story to be told of IBM (in reference to Microsoft, Apple, etc.) or Western Union (in reference to Bell companies) ...
If I were Safaricom, I would seriously consider acquiring those companies with innovative solutions as a way of staying ahead; with its deep pockets and influence in the market, you can bet the company can lead the way if it desires so. ... smothering and suffocating others can only come to bite later on as innovation would always find its way into the market.
my 2 cents worth.
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