Management

Strategy conversation in the boardroom: Role of the independent director

Views - 194 Thursday, 12 September 2019 00:00

The role of the independent non-executive director in the strategy conversation in the boardroom featured as the discussion topic at a recent session of the Sri Lanka Institute of Directors (SLID) Independent Directors (INED) Forum held at the Securi


How HR can help leaders communicate better

Views - 11 Monday, 9 September 2019 00:00

By Mark Schenk Senior staff members who use ‘story style’ language when engaging with their employees build credibility, authenticity and engagement. Corporate communication is broken. We have allowed an enormous imbalance to develop in the way w


TMC presentation 20 September at Pegasus Reef Hotel

Views - 10 Monday, 9 September 2019 00:00

President Emeritus, President together with the members of the Board of Management of TMC takes pleasure in inviting professionals in the management grade to witness a presentation on The Management Club followed by refreshments at the Pegasus Reef H


About TMC

Views - 13 Monday, 9 September 2019 00:00

The Management Club (TMC) formed in 2001 under the auspices of the Chartered Management Institute – UK Sri Lanka branch is a forum dedicated to uplift management practices in Sri Lanka on par with the best international standards and strives to ach


Nirmalan Nagendra to present at October TMC Members Speak

Views - 10 Monday, 9 September 2019 00:00

Nirmalan Nagendra is a veteran hotelier with over 33 years of experience in the hospitality industry. He currently serves as consultant with the Hotel Advisory practice of KPMG Sri Lanka, providing consultancy services to leading hospitality establis


TMC Kalutara holds AGM

Views - 12 Monday, 9 September 2019 00:00

The Annual General Meeting of the Management Club – Kalutara was held on 22 August, at the Ramadia Ranmal Holiday Resort, Moratuwa the second host hotel of TMC – Kalutara. TMC – Kalutara was inaugurated at the Hibiscus Beach Hotel, Kalutara, (


Aspiring CIMA students meet CIMA member CEOs

Views - 375 Tuesday, 3 September 2019 00:08

Management Trainee Studio (MT Studio) is a recent addition to the growing number of higher education institutes in Colombo and conducts sessions for professional qualifications including CIMA and CFA. Exceeding expectations, it applies a modern and m


Reactive cost chopping is a myopic response to an economic crisis: MTI

Views - 27 Tuesday, 27 August 2019 00:00

Benefiting from their strategy consulting experience in over 40 countries and a diverse range of industries/businesses, MTI Consulting has cautioned Sri Lankan companies on their kneejerk response of indiscriminately cutting costs. Whilst acknowledgi


Members Speak ‘From Passion to Profit’ presented by Trevor Reckerman

Views - 24 Monday, 26 August 2019 00:05

Many enterprises start with a dream borne out of passion. It then grows into an avalanche that takes the iota of an idea and propels it into an enterprise. Often, even in monolithic organisations, not all questions are answered in advance nor is a fr


TMC to present ‘Leadership in Management’ program: ‘Believe in You’

Views - 20 Monday, 26 August 2019 00:03

TMC with the training specialist Zion Consulting is organising a unique series of programs which commenced in April 2019 – ‘Leadership in Management’. The Leadership in Management program has been put together for working managers and executive


TMC members’ comments on Members Speak ‘From Passion to Profit’

Views - 21 Monday, 26 August 2019 00:01

Nilani Seneviratne What a fantastic evening it was, listening to Trevor Reckerman speaking on ‘From Passion to Profit’ at the TMC Members Speak on 15 August. The audience did not feel the time pass by as Trevor made it such an interesting story o


About TMC

Views - 26 Monday, 26 August 2019 00:00

The Management Club (TMC) formed in 2001 under the auspices of the Chartered Management Institute – UK Sri Lanka branch is a forum dedicated to uplift management practices in Sri Lanka on par with the best international standards and strives to ach


Harnessing the potential of women: Moving from awareness to implementation

Views - 64 Thursday, 22 August 2019 00:09

The Women Directors Forum (WDF) of the Sri Lankan Institute of Directors presented a Power Evening titled ‘Growth Dynamic: Harnessing the Potential of Women’ on 8 August with the keynote address by Unilever Sri Lanka Chairman Carl Cruz followed b


Investors and boards support CEO action on global challenges

Views - 29 Thursday, 22 August 2019 00:08

More than two-thirds (global 67%, Asia-Pacific 63%) of the world’s largest company CEOs say that they are likely to take public stands on politically-charged issues related to global challenges, according to the EY CEO Imperative Study 2019. The su


TMC signs MoU with Pegasus Reef Hotel as Wattala host hotel

Views - 31 Monday, 12 August 2019 00:13

TMC and Pegasus signed an MOU at the TMC Board room, Galadari Hotel on 25 July 2019. President Emeritus Fayaz Saleem, together with immediate past President Nasser Majeed, signed on behalf of TMC, whilst Pegasus GM Harsha Jayasinghe and Head of F


Rohan Amirthiah to speak on ‘Quality Beats Price’ at Members Speak

Views - 35 Monday, 12 August 2019 00:11

Rohan Amirthiah a well-known corporate leader in the automobile-related industry for several years as the Managing Director of Wurth Lanka Ltd., is to speak on the importance of “quality against price”. The topic addresses how value placed on qua


About TMC

Views - 36 Monday, 12 August 2019 00:07

The Management Club (TMC) formed in 2001 under the auspices of the Chartered Management Institute – UK Sri Lanka Branch is a forum dedicated to uplift management practices in Sri Lanka on par with the best international standards, and strives to ac


What is thought leadership, and why does it matter?

Views - 32 Monday, 12 August 2019 00:07

By Skye Schooley A thought leader, or influencer, is someone who, based on their expertise and perspective in an industry, offers unique guidance, inspires innovation and influences others. Establish yourself as a thought leader by stepping back from


8 critical blind-spots in business continuity: Why ignoring them is a risk

Views - 510 Thursday, 8 August 2019 00:20

Irrespective of size or nature of the business, every enterprise is exposed to ever changing threats that could disrupt its business. According to Forbes report 2019, the top five global risks in terms of likelihood are; nExtreme weather conditions


Applications now open for CA Sri Lanka’s 55th Annual Report Awards

Views - 42 Thursday, 8 August 2019 00:19

To honour the best annual report masterpiece produced in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is now accepting applications for its 55th Annual Report Awards Competition from business organisations vying for


CA Sri Lanka-SAFA forum highlights need for accountants to take lead in eradicating corruption

Views - 48 Friday, 2 August 2019 00:00

The increasingly important role professional accountants including Chartered Accountants can play in eradicating corruption and the culture of impunity was highlighted at a forum jointly organized by the Institute of Chartered Accountants of Sri Lank


SLID to discuss ‘The Growth Dynamic: Harnessing the Potential of Women’

Views - 55 Friday, 2 August 2019 00:00

Today we live in a highly volatile, uncertain and dynamically changing corporate landscape. We see numerous challenges around us from political instability to extreme weather patterns to the transformative effect of digitisation and AI. These challen


Global Ethics Board proposes changes to promote role, mindset expectations

Views - 34 Friday, 2 August 2019 00:00

The International Ethics Standards Board for Accountants (IESBA) has proposed changes to the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) to promote the role and mindset expecte


Independent Non Executive Directors’ role in strategy

Views - 49 Friday, 2 August 2019 00:00

How does the board oversee strategy, and what is the role of an Independent Non Executive Director (INED)? Whilst on the topic, it begs the question who is responsible for strategy? Most governance frameworks land the responsibility of strategy on th


Member’s Speak: ‘The Fourth Industrial Revolution and the Future of Business and Work’

Views - 77 Monday, 29 July 2019 00:15

Addressing members and guests at TMC’s Member’s Speak which was held at the Galadari Hotel on 18 July, TMC member Dhushy Thillaivasan spoke on ‘The Fourth Industrial Revolution and The Future of Business and Work’. It was yet another gatheri


TMC members’ comments

Views - 62 Monday, 29 July 2019 00:14

Following are comments from TMC members Duneeshya Bogoda and Dilshan Indiketiya, on the Member’s Speak speech by Dhushy Thillaivasan on The Fourth Industrial Revolution and the Future of Business and Work’. Dhushy Thillaivasan enlightened all th


TMC to present ‘Leadership in Management’ programs: ‘Believe in You’

Views - 38 Monday, 29 July 2019 00:12

TMC with the training specialist Zion Consulting is organising a unique series of ‘Leadership in Management’ programs commencing in August. The Leadership in Management program has been put together for working managers and executives who have li


Importance of communication skills for success

Views - 46 Monday, 29 July 2019 00:11

Breakdowns in communication cause major problems for managers. We can all recall experiences of communication failure. Risking poor communication Most leaders understand the consequences of poor financial management, but not all leaders appreciate


About TMC

Views - 42 Monday, 29 July 2019 00:10

The Management Club (TMC) formed in 2001 under the auspices of the Chartered Management Institute – UK Sri Lanka branch is a forum dedicated to uplift management practices in Sri Lanka on par with the best international standards and strives to ach


CSR Lanka holds forum ‘Beyond Corporate Strategy Towards Sustainable Business’

Views - 202 Monday, 29 July 2019 00:00

CSR Lanka organised a forum on ‘Beyond Corporate Strategy Towards Sustainable Business’ on 18 July at the Lighthouse Auditorium and Lawns.The eminent panel was comprised of widely known professionals in the country namely Ali Sabry, Dr. Sharmala


Today's Columnists

The Parliament stands naked

Friday, 13 September 2019

Though with a nonsensical form, the 19th Amendment can be said to have established a parliamentary system of governance by transferring almost all the powers held by the President to the Cabinet of Ministers headed by the Prime Minister. But, the pre


Upgrading Sri Lanka Government Railways

Friday, 13 September 2019

Sri Lanka Railways seem to be a topic of much interest to public these days. Hats off and congratulations to management and staff of Sri Lanka Government Railways and Government of Sri Lanka for venturing out to embark on a railway improvement projec


Not good news!

Thursday, 12 September 2019

THERE ARE THREE KINDS OF PEOPLE: those who make things happen; those who watch while things happen; and those who wonder what happened! The first of these are perhaps evenly split between the best and worst of them… while most of us fall squarely i


Gotabaya – A breath of fresh air at Viyathmaga anniversary celebration

Thursday, 12 September 2019

The strategic direction for Sri Lanka that presidential candidate Gotabaya Rajapaksa announced at the Viyathmaga anniversary celebration is both a breath of fresh air in a stale, directionless economic and social environment, and also an elevation of


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