Need for revisions in curriculum of business programs in Sri Lanka

Views - 159 Thursday, 1 August 2019 00:10

We are talking about globalisation, glocalisation and all new concepts in the world. Updating your knowledge in day-to-day business activities is really important to make decisions. The turbulent business environment always demands business practitio

40th anniversary of EDB: A review of 40 years

Views - 122 Thursday, 1 August 2019 00:00

The Sri Lanka Export Development Board (EDB) celebrates its 40th anniversary on 1 August. EDB has been playing a significant role in helping develop Sri Lanka’s economy for the last 40 years with a remarkable contribution towards the socio-economic

Communicating with the pachyderm

Views - 116 Wednesday, 31 July 2019 00:00

Talking to elephants... needs special skill. Not everyone is a mahout, and everyone would not consider it necessary to have these skills, as most people do not encounter these large beasts in their day to day run-ins. However, if one happens to have

SL moving towards failed state; urgent action needed to change course to reach prosperity

Views - 1040 Wednesday, 31 July 2019 00:00

urrently Sri Lanka appears to be moving towards a failed state status like that of Afghanistan, Somalia and South Sudan. This article discusses why this has happened and gives an indication of what has to be done to avoid such a situation and move to

Moon mission and employee engagement

Views - 64 Tuesday, 30 July 2019 00:00

There is a famous story of how a minor worker in the NASA complex answered President Kennedy. During the late 60s when the exciting ‘moon missions’ were in operation, President Kennedy who visited NASA complex took a minute to ask a minor worker

Garbage without, garbage within

Views - 200 Tuesday, 30 July 2019 00:00

A political wag, referring to the controversial import of garbage from the UK, quipped that the entrepreneurial exercise was similar to bringing coal to New Castle, there being no shortage of slush in this country. He was not referring to discarded

A fear of democracy

Views - 96 Tuesday, 30 July 2019 00:00

Sri Lanka inherited the system of parliamentary democracy from the British, one of the positive legacies of their colonial rule. Even though the original Westminster model was given up, first in favour of a republican constitution in 1972 and that ag

UNP nomination crisis: Last conspiracy by counter revolutionary forces to defeat Yahapalana Govt.

Views - 494 Tuesday, 30 July 2019 00:00

It is the historical experience of all revolutionary movements to generate counter-revolutionary action. Revolution and counter revolution go hand in hand. Vested interests threatened by revolution initiate counter revolution. The latter gang up in u

Getting tourists back: Talk about the suicide bomb saga or keep mum?

Views - 365 Tuesday, 30 July 2019 00:00

Every day people die from something other than sickness or old age. Death visits in many ways to collect its victims. Floods, landslides, accidents, wars, suicide bombs. There is a story everyday about death collecting victims. We are neither shocked

Foreign investments in Government securities market: Sri Lanka’s perspective

Views - 506 Tuesday, 30 July 2019 00:00

Government securities are issued by the governments for collecting funds to meet their budgetary requirements. Sri Lanka also largely relies on funds raised through government securities for the same purpose. The government securities issued by the

Sri Lanka’s debt sustainability: Way-out is not by patchwork but by long lasting strategies

Views - 4722 Monday, 29 July 2019 01:55

In a recent panel discussion on Sri Lanka’s debt sustainability – nicknamed A Hole in the Pocket – jointly organised by the Marga Institute and the Open University, two leading economists – Central Banker turned University Don Sirimevan Colom

Chunnakam Power Plant case: Court recognises right to be free from ‘degradation of the environment’

Views - 857 Monday, 29 July 2019 00:17

In April this year, the Sri Lankan Supreme Court declared that ‘the citizens of Sri Lanka’ have a ‘fundamental right to be free from unlawful, arbitrary or unreasonable executive or administrative acts or omissions which cause or permit the cau

Sri Lanka needs an IPL approach to nation brand building

Views - 255 Monday, 29 July 2019 00:00

The world of marketing has intrigued me, not only because I have spent most my life in this profession and managed powerful global brands like Dettol, but because it is the only discipline in business that makes one close to the end customer. It is t

Has your brand found its true purpose?

Views - 331 Monday, 29 July 2019 00:00

Kushil Gunasekera was just another boy in Seenigama, albeit one from a privileged family. His father was a prominent lawyer and they owned property and riches. Like any young boy he had many friends in his village and they would play together all the

Of trombones and backbones: Towards a Sri Lankan shift from ego to eco

Views - 355 Monday, 29 July 2019 00:00

The latest addition to the chaos that we experience is the hazardous garbage containers imported from the UK. We are plagued with multiple environmental challenges. Whilst garbage disposals are still non-systematic, dengue mosquitoes continue to infl

Traceability should be extended to garbage

Views - 179 Monday, 29 July 2019 00:00

We associate the concept of ‘Traceability’ with supply chains. Equally or more important is the traceability of non-biodegradable packing i.e. who is responsible, where does it end up and for how long? The manufacturers of products with non-biod

Singer-Actress Doris Day’s evergreen signature song ‘Que Sera Sera’

Views - 6955 Saturday, 27 July 2019 11:00

When I was just a little kid enrolled at the Santa Maria Montessori school in Wattala, a song we sang without knowing its meaning then was ‘Que Sera Sera’; when I was a boy studying at S. Thomas’ Preparatory School in Kollupitiya, a song we wer

Don’t throw the baby out with the bathwater or should we?

Views - 63 Saturday, 27 July 2019 04:36

How does this apply to Sri Lanka? What is the relevance? Well, if we refer to the state of the country today and how dirty and muddy it is, how soiled the politicians are as the dirty water, and the political structure as the baby, many are advocatin

Nature and our world

Views - 149 Saturday, 27 July 2019 04:28

Nature is on a rampage, bringing destruction in all areas of our planet. So far in the two months of June and July 2019 alone, much has happened on our planet that is the work of nature.

More power to the people; and more people to power!

Views - 257 Friday, 26 July 2019 00:20

IN THE LEAD UP TO THE PRESIDENTIAL POLL… several trends persuade me that, this time, “something’s gotta give”. Change is in the air; and it’s conflicting with custom, ritual and tradition. First, there’s “the usual suspects”: the arr

Fox and the poultry pen

Views - 411 Friday, 26 July 2019 00:10

Despite being a small island, the quantum and the value of property belonging to the State of Sri Lanka is immense. All State lands, the ocean surrounding the island, tanks and reservoirs, streams and rivers, abundance of natural beauty, ecological a

Genuine leadership vs. paradox management strategies

Views - 136 Friday, 26 July 2019 00:00

We are dreaming of having a genuine leader to lead our respective organisations to achieve desired results. When competent leaders lead from the front it is a pleasure to work in such organisations. The subordinates feel much secured within their par

Leaders vs. leadership

Views - 222 Friday, 26 July 2019 00:00

HR Guru Professor Dave Ulrich, Rensis Likert Professor at the Ross School of Business says in this exclusive interview that an individual leader matters, but an organisation’s leadership matters very much more over time. In the interview Prof. Ulri

‘Gospel truth’ of the Cardinal

Views - 551 Friday, 26 July 2019 00:00

Cardinal Malcolm Ranjith delivered a political speech at the reopening of Katuwapitiya St. Sebastian’s Church in Negombo. Religious leaders can make political speeches, but the issue is, that certain sections of the society think that this is gospe

Muslims have to rise up effectively after their present fall

Views - 271 Thursday, 25 July 2019 00:00

The Muslims in Sri Lanka have fallen from their hitherto-established social standing with others, especially the Sinhalese. This fall had been happening for some time, at an incremental pace, after the end of the three-decade-old war with the Tamil T

Salience of ‘Strategy Safari’ – Taking it further

Views - 221 Thursday, 25 July 2019 00:00

When I saw the headlines of Prof. Ajantha Dharmasiri’s article on ‘Strategy Safari’ – the thought-provoking book by Prof. Henry Mintzberg, Bruce Ahlstrand and Joseph Lampel – I settled down to read the interesting article as I was promised

Howard at the PIM

Views - 291 Wednesday, 24 July 2019 00:00

A number of very important people called to thank me for inviting them to the very popular presentation by Dr. Howard Nicholas. It was held on 18 July at the Postgraduate Institute of Management (PIM) auditorium. The title of the presentation was ‘

Concept of Free Zones and their economic importance

Views - 535 Wednesday, 24 July 2019 00:00

With the growth of cross broader international trade, economic liberalisation and relocation of manufacturing facilities to economical location in search of competitive advantages, the concept of Free Zones was born. Free Zones include varieties of F

Why are Sri Lankan passports so bad?

Views - 2316 Wednesday, 24 July 2019 00:00

My children have two different passports, making them a sort of case study in the stupidity and ultimate cruelty of passports. My daughter has a white passport, so no visas required. My son has a brown passport and he has to prove that he’s not try

“Sri Lanka’s future lies in producing exportable manufactured goods”: Dr. Howard Nicholas

Views - 6148 Monday, 22 July 2019 01:30

Drawing lessons from Vietnam’s experiences The Sri Lanka-born economist attached to The Hague based Institute of Social Studies – Dr. Howard Nicholas – addressing a packed audience consisting of the alumni of the Postgraduate Institute of Manag

Today's Columnists

Trendvertising: The new world of communication in a hashtag world

Tuesday, 20 August 2019

Rahul Bose, an Indian actor, caught a lot of attention for a video post that went viral, where he complained about the price of bananas during his stay at a five-star hotel in Mumbai. As he explained in his story – he went to the gym at his hotel w

Company Law intertwined with Income Tax – Understanding the nexus! Part II

Tuesday, 20 August 2019

A comparison and analysing the impact of corresponding provisions of Companies Act No. 7 of 2007 and Inland Revenue Act No. 24 of 2017 reveals invaluable insights corporate management must be aware of in day-to-day management activities as well as st

Will ‘10 February’ be repeated?

Tuesday, 20 August 2019

Whilst Sri Lanka is in election mode, the thought crossing every Sri Lankans mind is, ‘Will the 10 February 2018 elections behaviour be repeated?’ given the head-start that ‘Brand Gota’ has got. Whilst many are speculating who will be the fig

Shanta Devarajan: Economist who cannot get disconnected from his motherland

Monday, 19 August 2019

For me, Shanta Devarajan, formerly the Acting Chief Economist of the World Bank Group succeeding the Nobel Laureate Paul Romer and presently Professor at Georgetown University, USA, was a legend by himself. When I met him in early part of the new mil

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