Opinion and Issues

Global financial crisis: What can we do?

Views - 1171 Wednesday, 8 February 2012 09:11

Not a day passes by without bad news on the economic and financial front. Globally, we seem to respond to these challenges with more and more ‘band-aid and plaster,’ when what we need is ‘surgery and soul searching’. The fact


Focu$

Views - 1162 Monday, 16 January 2012 00:00

As businesses grow bigger and more complex, it is easier to hide inefficiencies and lose sight of value-addition. An ‘acid test’ for any job in such large organisation would be an affirmative answer to the following: How does your job (


Consumer ignorance

Views - 1084 Monday, 9 January 2012 00:00

Take a harder re-look at your business success – how much of this is due to well-informed and comparatively advantaged reasons and how much is due to ‘consumer ignorance’?  For instance, how much of monies in savings accounts c


New Year: So what?

Views - 1217 Monday, 2 January 2012 01:05

WHILE the dawn of a new year is good time for warm fuzzy feelings, given the global challenges we face today, it is also a time to ask some hard questions. How can my lifestyle be more responsible and responsive to the ‘alarming’ depletio


Rethinking capitalism

Views - 1055 Monday, 19 December 2011 00:00

‘Division of Labour and Specialisation’ as articulated by Adam Smith is one of the main reasons for material improvement in the human quality of life.  This also means that as human beings we have to ‘cross-serve’ each ot


Freedom of expression in business organisations

Views - 1215 Monday, 5 December 2011 00:00

Around the world, we expect democratic governments to allow reasonable freedom of expression, rightly so. How much freedom of expression do we allow in business organisations? Perhaps it may be unrealistic to expect a ‘Tahrir Square’ in


‘Governance without Guilt’

Views - 1384 Monday, 21 November 2011 00:21

The claim of ‘Garments without Guilt’ by Sri Lanka’s apparel industry is a good example of a credible customer promise that the industry does truly ‘live’ by. How many business organisations can make the claim and more


Open-ended quality thinking time

Views - 1458 Monday, 14 November 2011 00:00

IN our consulting practice, we work with CEOs and senior management from diverse industries and countries. One common striking feature I see is the lack of quality thinking time. Despite the advances in technology (that are supposed to make us more t


The Corporate Ladder Vs. The Corporate Carousel

Views - 1504 Monday, 7 November 2011 00:27

I recently asked a prospective job applicant to MTI what she hopes to achieve at MTI?  “To climb the management ladder,” was her response. My response was, “We do not have a ladder, only a carousel that helps you to go around t


Generalisation as a specialisation

Views - 1811 Monday, 24 October 2011 00:22

The concept of focus in terms of business domain, while being conceptually strong, is one that has come out of the experience of mature markets with high levels of specialisations. In fast growing, developing markets like Sri Lanka, there are many


The ‘Western’ Spring: Has it arrived?

Views - 1282 Monday, 17 October 2011 00:00

The year 2011 marked the ‘Arab Spring,’ triggered by underlying socio, political and economic reasons. Judging by the ongoing protests on Wall Street and in Athens, could this be the start of the ‘spring’ in the USA and Euro


Once upon an Apple: A Job well done

Views - 1298 Friday, 7 October 2011 01:50

I will always remember Steve Jobs for a few strong lessons he effectively demonstrated to the business world: nIn a recessionary era when lower prices were the order of the day, he showed that the customer will be willing to pay a significant premi


Straction

Views - 1410 Thursday, 6 October 2011 00:59

Not all great strategies make it to the bottom-line, as they should. One of the main reasons is the lack of an implementation mindset and a bias for action. Here is a simple way in which a strategy can be broken down into actionable granules. First


Greece ‘Yaka’ haunts the global economy

Views - 1911 Monday, 26 September 2011 00:25

The economic crisis that started in Greece has now spread across Europe, while the United States too is expected to take the ‘plunge’. Stock markets across the globe have taken a battering and there is now talk of another global fina


The time accountant

Views - 1255 Monday, 19 September 2011 00:16

How people spend their time in a business is a major determinant of the business’ success or failure. Therefore, time accountability should be one of the most important disciplines at all levels.  However, it is ironic that we rigorously m


Work-cation

Views - 1182 Monday, 5 September 2011 00:56

Conventional wisdom tells us to work hard, play hard and never mix the two! Here are a few reasons why you need to consider a Work-cation: Inability to take time off work for long periods of time. Even if you do, in these highly connected days, s


Is capitalism the cause of the uprisings?

Views - 1525 Tuesday, 23 August 2011 12:35

Tunis, Cairo, Tripoli, Athens and now London have all experienced recent uprisings. An underlying common thread that runs across all of these relates to the younger generation, who feel they have been economically deprived, while a smaller group of c


The sustainability buzz

Views - 1514 Wednesday, 3 August 2011 02:28

The profession of management and the apparel industry have one thing in common – There is always something in fashion. Sustainability seems to be the new buzz and it makes CSR look rather old fashioned! Very simply, sustainability means find


Learning from the movie industry

Views - 1475 Monday, 18 July 2011 00:14

When it comes to organisational structures, the movie industry provides one of the most effective solutions to the business challenges we encounter today. It brings together the best-in-class talent for a specific project and manages complex coordina


Wealth without guilt

Views - 1403 Monday, 11 July 2011 00:22

SRI LANKA’S apparel industry has rightfully earned the recognition of ‘Garments without Guilt’. It has built an entirely new industry (in less than 25 years), created sustainable employment and uplifted the lives of hundreds of thou


An economic paradox

Views - 1248 Tuesday, 21 June 2011 00:49

IT would be fair to say that more than 99% of the world’s population would want peace, not war. However, increasingly more regions in the world are involved in various wars, from the drugs in Mexico to the borders of Thailand and Cambodia to th


Recognising the power of Supply Chain Management

Views - 1463 Monday, 13 June 2011 00:00

Take a closer look at the staggering increase in the price of commodities, everything from sugar to petroleum. By all indications this upward trend in commodity prices will continue. The cause is very simple: Supply vs. Demand. At the same time Ret


Apple polishing vs. apple production

Views - 1560 Monday, 6 June 2011 00:00

The fact that we are on the verge of a global food crisis should not come as a surprise. Agriculture production is not keeping pace with the growing global population, in addition to the negative impact of natural disasters. The skyrocketing food (co


Time to bail out?

Views - 1192 Monday, 23 May 2011 00:00

The news of the IMF Chief being arrested this week has provided the global media a ‘field day’.  Why is this news so sensational? Is it because such acts are so rare in the world today or is it the relentless hunger of the global med


Imaginary Money

Views - 1233 Monday, 16 May 2011 02:35

The valuation of any listed stock has 3 components i.e. the true economic value (based on the current business performance), the future potential value (based on future plans / cash flow) and of course what we know as the ‘speculative / imagina


Have we taken ‘hype’ too far?

Views - 1417 Monday, 9 May 2011 00:00

There is no escaping ‘hype’ in almost all facets of life today. Be it cricket, Bollywood, brands or the stock markets, these are all driven by ‘hype’. As consumers, a significant part of what we pay for these services is the c


Waste management or want management?

Views - 1368 Tuesday, 3 May 2011 00:09

As the global population rises, so does the degree of waste – causing major environmental challenges and in some cases catastrophes. A quick glance at the growth in waste numbers (from water to industrial refuse to plastics) show an alarming si


The dark cloud in a bright sky – can you spot it?

Views - 1663 Monday, 25 April 2011 00:38

The greatest danger to an economy, enterprise or even an employee is when the going is good. It is during these ‘high’ times that inefficiencies creep in and get easily swept under the carpet. There are five pitfalls that come with corpor


Brands: Milking cows or puppy dogs?

Views - 1600 Monday, 21 March 2011 00:59

The only reason for the existence of brands and investment in them is the profitability they return. As ‘capital’ gets more and more impatient, there is the added pressure to deliver ‘Now’!  Is the roaring affair that mar


Greed, ego and materialism

Views - 1908 Monday, 7 March 2011 00:37

In my opinion, there are three fundamental reasons for the socioeconomic/political challenges that the world encounters today, i.e. greed, ego and materialism. All of these start with healthy pursuits, such as ambition (that turns into greed), self e


Today's Columnists

No more stones to break Sri Lankan bones

Friday, 19 April 2019

Trial by fire is not a new ordeal to Christian community. It predates Notre Dame and Nazism by millennia. In fact, a decade or so before Nero torched believers to light Roman avenues, Jewish religious leaders put Jesus-followers to the test as the Ch


Wounding the social psyche

Friday, 19 April 2019

In this article, I intend to discuss the serious wounds inflicted on the psyche of Sri Lankan society, which have not received adequate attention, but need immediate cure, for they might develop into a dangerous cancer if not treated without further


What 5G could be to Game of Thrones (and vice versa)

Friday, 19 April 2019

We will be hearing a lot about these two seemingly unrelated topics this month. In a hurriedly but meticulously organised event, Dialog Axiata recently demonstrated 5G applications for the first time in South Asia. 5G will be commercially available


On time – Only for a week! A must-change!

Thursday, 18 April 2019

We are in April and the month where we witness the declaration of a new year as per our traditional practice. It is that period of time when a huge majority of our population, which certainly can be counted in millions, intends to act in unison and q


Columnists More