Business strategist with the Midas touch

no decision and taking no action at all.
“It is common sense to take a method and try it. If it fails, admit it frankly and try another. But, above all, try something,” this could be true of experienced management consultant and probably the first black judicial manager in Zimbabwe, Dr Cecil Madondo.

He has managed to revive companies experiencing setbacks to apply good corporate governance within limited time. It takes a person who can make bold decisions and who can defend the outcomes.
Born on July 26, 1961 in Highfield, Harare, little did he know that one day he would be running a consulting company created from his own model.
Dr Madondo is now the managing director of Tudor House Consultants, which was incorporated in October 1993 to render a wide range of professional services and has remained committed to the systems that control and maintain the balance of interest of all its stakeholders including the public.

His strategies have worked because only two companies out of the 20 he handled were placed under liquidation.
Starting off his long academic journey, Dr Madondo attended Chedonje Primary School in Kadoma before moving to Rio Tinto in the mining town of Kadoma for his Ordinary and Advanced Level studies.
It was not difficult for Dr Madondo to access good quality education as his late father was a successful businessman and could afford sending him to school.

However, his father later joined the liberation struggle in the late sixties but he continued with school as his mother was working and managed to fend for the family until the return of his father from the struggle at independence.
Dr Madondo never stopped pursing further education and early this year, he was conferred with a Doctor of Philosophy Degree in Business Administration from the

University of KwaZulu Natal, South Africa.
He specialised in corporate restructuring. He also holds a Master of Business Administration degree from the University of Manchester (United Kingdom), where he specialised in strategic management.

Above all, he is an associate member of the Institute of Chartered Secretaries and Administrators (International) (ICSA).
Dr Madondo is a registered Public Accountant in Zimbabwe (RP-Acc), registered Estate Administrator, Commissioner of Oaths for Zimbabwe and Qualified Project Manager from Regenesys Business School, Johannesburg, South Africa.

He worked in the office of the Master of the High Court of Zimbabwe for six years and Ernst & Young (Chartered Accountants) Zimbabwe for five years before founding THC in October 1993. In 2011, the Minister of Justice and Legal Affairs appointed him Councillor of the Council of Estate Administrators (Zimbabwe).
The defining features of his study was to make a significant contribution to the body of knowledge in his chosen field and he achieved this by coming up with his own model based on Tudor House Consultants. He applied this in qualitative analysis along with other internationally recognised methods such as the CAMELS rating

system, the Risk Assessment System and the Altaman Z-Score Model.

With this bag of qualifications it explains why Dr Madondo is the most sought after judicial manager in the country.
He says his first assignment was in May 1995 on Mushaike Store Limited in Mvuma.
Since then he has managed more than 20 companies across the country including formerly listed David Whitehead Textiles Limited, which he admitted was one of his toughest assignments.

At DWT he had 2 000 workers who were reporting to him and he was interacting with about 50 working committees.
How he has managed to survive over the years in his career, he says he has managed to engage and interact with the key stakeholders.
“My secret has been to give stakeholders an opportunity to participate in strategic decision0making processes,” he said.

He added that what motivates him much is to bring life back to struggling businesses.
During his tenure he said he enjoyed reviving the Road Motor Services owned by the Government through the National Railways of Zimbabwe.
He managed to restructure the company without laying off any employees and he was under instructions to avoid liquidation.

In less than six months 25 vehicles were back on the road, when only two were functional during the crisis period. Within 18 months he had managed to pay all the creditors and in two years the company had been fully constructed.
Tudor House Consultancy employs a 12-member team that is committed to achieving the set objectives.

 

Related Posts

The commute poverty trap: How Harare’s urban expansion is making work more expensive

Tawanda Musarurwa CheckPoint Desk BY 5am, the kombis are already driving through the dusty roads of Caledonia. They fill up quickly – a scramble for people and their parcels at…

‘Our growth trajectory irreversible’ . . . President hails collective effort, discipline

Wallace Ruzvidzo-Herald Reporter THE Second Republic’s policies and initiatives are yielding undeniable positive results, catapulting Zimbabwe from recovery to faster growth, President Mnangagwa has said. Speaking at the burial of…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×