The founder of the Kama Group of Companies says envy and jealousy are the two main emotions which are stifling the country’s business environment
“I realised that some of them you can address but envy and jealousy are untouchable, you cannot see, it’s innate and that is where companies collapse…”
Dr Michael Agyekum Addo, the founder of the Kama Group of Companies, has said that envy and jealousy are the banes of business development in Ghana.
“It is an important thing that we need to address in this country, because it is affecting our politics, our businesses and the country,” he said.
Speaking with Kwaku Nhyira-Addo on The Asaase Breakfast Show on Wednesday (5 January), Dr Agyekum Addo said, “At the age of 60 to 65, I was still confronted with the question: why do companies collapse in spite of all the training that we give to staff, all the incentives, improvements in working conditions?
“I see doctors going on strike, companies going on demonstrations, all for [better] working conditions. Why?
“So, at 65, I enrolled in University of Ghana Business School for them to tell me why, in spite of these management trainings, companies collapse. And I took a topic … What do we do with our emotions?”
The pharmaceutical pioneer said: “… hatred, anger, joy, sadness – all these are emotions, and they affect our business lives.
“Having gone through all that, I realised that some of them you can address. But envy and jealousy are untouchable. You cannot see [them], it’s innate. And that is where companies collapse from the manpower … [It] is so important. This is the biggest factor in your business:, meanwhile, he is envious, jealous.”
Dr Agyekum Addo added, “You cannot tell him; if you tell him that, ‘I see you are envious of me,’ he’ll tell you: ‘How can I be envious of you?’ We doubt, argue, defend and yet it is real.”