Kayana News- When Neutral is not Enough

Welcome to interactive presentation, created with Publuu. Enjoy the reading!

1 | KAYANA NEWSLETTER | ISSUE 0041

KAYANA NEWELETTER SERIES | ISSUE 004 | AUGUST 2020

200

KeS

INSIDE

PODCASTING 101

TIPS AND INSIGHTS!

WOMEN IN RETAIL SERIES

STORIES THAT INSPIRE

FUTURE ENTREPRENEURS

CREATING A COMMUNITY

OF WHOLENESS

Renee

Ngamau

COVER STORY

WHEN NEUTRAL IS

NOT ENOUGH

2 | KAYANA NEWSLETTER | ISSUE 004

EDITOR’S NOTE

RETAIL BUSINESS

IN KENYA

THE TEAM

Editor

Patricia Okelo

“As Kenya fights the COVID-19

pandemic, the disease is also altering

the retail landscape as more buyers

go online.The switch has, therefore,

seen many entrepreneurs come up

with online businesses to cash in on

the opportunity.

While some of the businesses which

were offline take their activities online,

existing online ones have scaled up

their operations.

From the sale of fresh produce to

clothes and shoes, cooked food, baby

items, mobile phones and alcoholic

drinks, the digital start-ups are

aggressively marketing their products

online where many Kenyans are

currently spending their time.

All one needs to do is make a call

or click a button and place their

orders and pay via mobile money or

on delivery of the product, which is

brought to one’s doorstep.”

During the Covid -9 pandemic Retail

businesses have been forced to

embrace ecommerce. Under these

challenging circumstances, more

organizations, businesses and

governments are shifting to online

platforms to deliver products and

services and continue operations,

while consumers are adopting new

online shopping behavior.

For many women in business online

sales has served as the first route

to market. Many women start their

businesses at home and as they

grow they build a lot for allied service

including delivery and online shops.

Covid-19 has accelerated many

businesses plans to go online,

including building online platforms,

online shops, and a general ability to

complete transactions online. Keeping

adequate stock, understanding your

fast selling goods, running online

promotions and partnering with like

minded brands will be come required

learning for all entrepreneurs.

We have seen the growth of global

Writers

Brenda Ndirangu

Grace Ngii

Ida Mwikali

Design

Dennis Miiru

Photographers

Kimachia Wamwiri

Digital Partners

Boresha Limited

Publisher

Willart Productions

brands

like

Amazon

during

this season

as more

and more

people look to the

platform as a window

to their customers.

Taking Businesses online will

accelerate the scale of growth.

Businesses need to be prepared to

respond to the opportunities AND

the challenges that come with this

accelerated growth.

The agile businesses are the ones

that will survive.

Patricia Okelo

Co - Founder | Kayana

Email event2@conferencinginabox.com to register

2020

Kenya’s unique expo catering for the

home-based business needs

Date

October

30th - 31th 2020

plenary + Expo*

4,000/-

Venue

Trademark Hotel, Limuru Road

The Village Market, Gigiri

*The plenary and expo can either be physical or virtual

Call 0771 457 255 or

Email info@kayana.org

3 | KAYANA NEWSLETTER | ISSUE 004

GLOBAL e-COMMERCE

OVERVIEW

GLOBAL OUTLOOK

AFRICA

KENYA

$5.7 billion

The value of Africa’s

business-to-consumer (B2C) market

in 2017.

Nigeria,

South Africa

and Kenya

account for more than

half of the online shoppers

in Africa in 2017.

Nigeria

is Africa’s larges B2C e-commerce

market in terms of both number of

shoppers and revenue.

$16.5 Billion

total value of e-commerce in Africa

reached in 2017. This is expected to

reach $29 billion by 2022.

$1.093 Billion

Projected revenue in the e-Commerce

market is projected to reach in 2020.

27%

of Kenyan Firms sold their

products online.

Top 10 lis of countries leaing in e-Commerce

1. US

2. China

3. UK

4. Japan

5. Germany

6. Canada

7. France

8. Italy

9. Spain

10. South

Korea

Global ranking of African countries leaing in e-Commerce

1. Mauritius (55)

2. Nigeria (75)

3. South Africa (77)

4 Tunisia (79)

5. Morocco (81)

6. Ghana (85)

7. Kenya (89)

8. Uganda (99)

9. Botswana (100)

10. Cameroon (101)

Kenya’s e-Commerce

is now esimated at

6% of all purchases

made in 2017.

$27 Trillion

The surge in e- commerce

sales as of 2017

1.3 Billion

people engaged

in online purchase

Business to business (B2B)

purchases accounted for

88% of all transactions

Business to consumer (B2B)

saw the mos growth, increasing

by 22% to reach $3.9 trillion in 2017

2020

SOURCES

Unctad.ord

http://www.inves.go.ke/global-e-commerce-sales-surged-29-trillion/

https://www.satisa.com/outlook/243/247/ecommerce/kenya#market-marketDriver

Kenya National Bureau of Statisics

https://www.businessdailyafrica.com/datahub/Kenya-online-shopping-demand

/3815418-4897528-1155igs/index.html

Communications Authority of Kenya

10

Mary starts to manufacture jams and

sauces from her home.

Mary purchases raw materials from the

market.

With the increase in output, Mary and

Esther become busy and eventually move

out to a new place. More workers are

employed and trained.

There is an increase in intake of raw

materials from the market.

The boda boda guy delivers the products

to the market/clients. The steady stream

of income supports his family.

She trains her domestic worker, Esther,

on how to create jams and sauces.

Esther gains a new skill.

A graphic designer makes and prints

labels, a new revenue source as a result

of the cottage business.

5 | KAYANA NEWSLETTER | ISSUE 004

Kayana is a community of female entrepreneurs

of abundance that come together to move their

businesses from ideation to start up. Typically the

businesses will be run from their homes or online,

and the founders are looking at the next step of

growth, but may not have the know-how or courage

to do so.

At Kayana we believe that:

• Women thrive when we share

• Women succeed when they are encouraged/

supported.

• Entrepreneurs need to share with their peers and

learn from each others’ experiences.

• Older business can Mentor/coach younger

businesses

We hope to create a nurturing environment that is

missing in the cut-throat business environment that

exists today. We also believe that as women gain

confidence in business, they will naturally step into

bolder roles of leadership in the communities within

which they operate, and beyond.

We are committed to SDG

5 – Gender Equality, therefore

we work towards ensuring

that opportunities available to

women in businesses will be

freely and easily accessed and

disseminated

Within this community, we hope to break the

traditional barriers: economic class, patronage,

or any other. We use technology as a key tool for

education of larger audiences.

JOIN OUR COMMUNITY!!

The Benefits of your membership will

include:

• Access to our community which

includes; Masterclasses, Online

sessions: newsletters, podcasts and

the small circles of business (Candid

Conversations)

• Access to use of our space which

includes; Boardroom, Conference area

and break away area at a discounted

rate.

• The use of our training facilities,

Includes Projector, Sound, Flipchart

stand and sheets, a Kitchenette and

storage lockers at discounted rates

• Access to the podcast studio and

the informal meeting room also at

discounted rates

• Access to our growing network of

amazing business women of abundance

Our Annual Membership fee is

KES 10,000(+VAT) and Corporate

Membership is KES 25,000(+VAT).

THRIVING

6 | KAYANA NEWSLETTER | ISSUE 004

7 | KAYANA NEWSLETTER | ISSUE 004

Everyone has a unique purpose. There is

a reason why you are here. There is also a

reason why you are who you are. Together

we will unlock who you are and your unique

purpose here on earth.

COVER STORY

WHEN NEUTRAL IS

NOT ENOUGH

RENEE

NGAMAU

Mary* is in a sales projection meeting with four other colleagues and her CEO. The

meeting which used to happen monthly, now happens every fortnight. COVID-19 and

the disruption to markets has necessitated a constant review of figures, strategy

and tactics. It is a new world. Made even more new by the fact that the meeting is

taking place while she works from the comfort of her kitchen, coffee in one hand,

pen in the other, children in the living room. Her CEO appears to be on a sofa,

presumably at his house, casually dressed. The alternate sounds of distant traffic,

children playing, washing machines whirling, and in the case of one colleague, his

Continues to the next page

* Note her real name

8 | KAYANA NEWSLETTER | ISSUE 004

wife’s voice, (he had warned that they may hear her

as she too is on a Zoom call), waft in and out of the

meeting, as microphones are activated and muted in

turn, as the discussion flows.

The numbers are not promising. Even with payment

terms and credit arrangements, clients are

struggling to pay for the firm’s services. Mary and

her colleagues have already taken a 50% paycut on

their basic pay. Their sales related commissions are

nearly non-existent, and in this new normal, where

the food and fuel prices appear not to be sensitive

to the plight of consumers. Even with cutbacks to

bare necessities, it is clear to Mary that she needs

to supplement her income. Mary is not alone. The

COVID crisis looked at first like a passing cloud. Not

any more. And with each day that goes by, more

and more traditional businesses are taking huge

hits, or shutting down, unable to cope or transform

themselves with the times.

There is never a good time to start a business but

some times are considered worse than others.

Conventional wisdom will tell you to start business

when the economy is great and people have

spending money. But these are not conventional

times. In this new normal, one thing is clear. The

wisdom of the past “normal” will only serve us so

much, in engaging a future in which global fashion

brands are struggling to keep shops open, local

malls and office complexes are filled with ghosts of

footfall past. If ever there continued to exist some

hope that one could peg their financial security on

employment, that hope has surely now been dealt a

death blow. The reality is that, as many businesses

shrink, reliance on stable salaries will be foolhardy.

Starting a business however can be very daunting

indeed more so with reduced resources, in an

uncertain reality with ever shifting variables, in

addition to the gender specific and other demands

on women’s time. It is no wonder then that women

though very creative, will often shy away from

business or, where they do start businesses, keep

them smaller and grow slowly in comparison with

their male counterparts.

Copious research has gone into understanding

the way women do business. A few unique things

stand out. Women are cautious by nature. Generally,

they will plan more, and will take less risk than their

male counterparts in starting a business. Women

are more collaborative than competitive, although

they are the latter too. According to 2019 World

Bank Report, Profiting From Parity, Unlocking the

Potential of Women’s Businesses in Africa, women

“show less willingness to compete” and that female

entrepreneurs’ business networks are mostly

comprised of other women. We talk more openly

and seek solutions to our own challenges, learning

through other people’s experiences. In the over two

years of teaching, moderating and coaching women

in business specifically, a number of trends have

become clear. Within the entrepreneurial space,

women led businesses grow steadily, cautiously and

face more legal, financial, capital injection hurdles

than men faced businesses experience in general.

However, women are conscientious borrowers. They

are less likely to default on loans. They embrace

technology and efficiency faster and are more

open minded to new ideas which will allow them to

balance their business and other roles.

While ordinarily, business training is all about the

business, studies have shown that where training

programs addressed the real life challenges

experienced by the business person as well as the

business, women entrepreneurs reported larger

impact on business performance than where

training focused only on the business. referencing

the above World Bank report not only are the training

programs more effective, they have been found

to result in increased profits over the long term,

for those who undertake them. So how should

business courses for women be conducted? It is

vital to understand the psychology of women, the

context within which their business operates and

the competing and often conflicting demands of

THERE IS NEVER A GOOD TIME

TO START A BUSINESS BUT

SOME TIMES ARE CONSIDERED

WORSE THAN OTHERS.

9 | KAYANA NEWSLETTER | ISSUE 004

10 | KAYANA NEWSLETTER | ISSUE 004

women’s time. These are vital in comprehending how

women build businesses and therefore supporting

women to build businesses.

The style of training and delivery of the content is

important too. Women learn through collaboration,

teamwork, mutual support and within a safe space where

they feel free to speak and training programs should

factor this. The fifteen-week SuperCircles For Women

in Business© training by ReneeSense is specifically

tailored for women. Factoring not just the nuts and

bolts of business planning, strategy, execution, review,

growth and expansion but also addressing the realities

of how women learn AND the demands on women’s

time and energy. Through the SuperCircles For Women

In Business©, groups of women commit to supporting

one another within a structured format, as they build

their businesses. For women like Mary seeking to enter

into the business world, her success and growth as an

entrepreneur may well rise or fall on the training she

receives, how easily she is able to assimilate, engage and

grow her business from that kitchen table top to a thriving

business, in the context of her life, but also, and perhaps

equally so, the support around her.

For more on the SuperCircles For Women In Business©

training curriculum and details on how to join, please visit

www.reneesense.com

REGISTRATION

SALES@RENEESENSE.COM / +254 102736398

15 Weeks Virtual

Coaching Sessions

FROM AUGUST 27TH - 3RD DEC, 2020

REGISTRATION DEADLINE 26TH AUGUST 2020

AMOUNT SHS 5,000/-* MPESA PAYBILL 152650 ACCOUNT SUPERCIRCLE

*INCLUDES: COACHING FEE, CANDID HANDBOOK,

NOTEBOOK & DELIVERY

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Made with Publuu - flipbook maker