TBI’s Rent-Seekers and the Real Reason for Mariam’s Ouster (Part 4 of 4)

In this final part of this four part series of posts on TBI’s organizational structure- one which we have shown has been plagued by rent-seeking practices which have sapped the energy and competitiveness of the company from the start- we look at the real reasons for Mariam’s ouster in late 2015. Why was the TBI…

TBI’s Destructive Turf Wars (Updated) (Part 3 of 4)

TBI is a company which has now had a lost half-decade or more. Between 2006 and 2010 a large number of new franchise schools opened under the guidance of Retty Setiawan, but in 2010 she was forced out of the company by Luke Preece, an Australian con-man who claims to have a degree in Geology…

Luke Preece and Lilies Agustin: A Post-Mortem

During the sorry years of 2010-2011 when Luke Preece ran amok at TBI and ensured that all the other ex-pat managers at TBI were fired (dooming the company to its present funk of stagnation and rapidly shrunken market share), he was helped by Lilies Augustin, a self-confessed former bankrupt, who he installed as Marketing Manager…