Management

About TMC

Views - 7 Monday, 4 November 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


TMC Wattala inauguration today at Pegasus Reef Hotel

Views - 5 Monday, 4 November 2019 00:00

After a very successful preliminary presentation and cocktails on 20 September at the Pegasus Reef Hotel, members who have shown their desire to join TMC Wattala have been invited to the inaugural meeting on 4 November at the host hotel – Pegasus R


DFCC Bank partners TMC and issues credit cards

Views - 7 Monday, 4 November 2019 00:00

DFCC Bank entered into a corporate partnership with The Management Club (TMC) as Official Banking Partner for a period of three years. This strategic partnership will enable DFCC Bank to issue its credit cards to the members of TMC and Chartered Mana


Public relations: Offering businesses a competitive advantage

Views - 7 Monday, 4 November 2019 00:00

Public relations has been defined as the interaction of a business with its customer base, and or with prospective customers. This interaction can take various forms, which may include events such as trade shows, marketing promotions, customer relati


CIMA refreshes Code of Ethics to help finance professionals address ethical challenges of 2020s

Views - 8 Friday, 1 November 2019 00:00

The Chartered Institute of Management Accountants (CIMA), the world’s largest body of management accountants, has updated its Code of Ethics to better help finance professionals deal with ethics and independence challenges in the modern digital bus


CIMA CXO Forum: Thriving in the digital economy whilst remaining relevant

Views - 7 Friday, 1 November 2019 00:00

The annual CXO Forum of the Chartered Institute of Management Accountants (CIMA) in Sri Lanka was held on 10 October at the Hilton Colombo Residences. This year’s theme was ‘Thriving in a Digital Economy’ which focused on how the inevitable tr


Experts discuss tax, Customs appeals procedure

Views - 96 Friday, 1 November 2019 00:00

“Under the new Inland Revenue Act there is no requirement to furnish a bank guarantee upfront to the Tax Appeals Commission, and it is up to the Commission to decide if such security is required, this is a positive feature,” said Suresh Perera


EY Sri Lanka engages with banking sector on SLFRS 9 and credit risk management

Views - 19 Friday, 1 November 2019 00:00

Ernst and Young (EY) Sri Lanka successfully conducted an informative full-day workshop on SLFRS 9 financial instruments and credit risk management, titled ‘Untold Stories of SLFRS 9 and Importance of Credit Risk Management’ at the Mövenpick Hote


SL has failed to inspire entrepreneurs

Views - 316 Friday, 25 October 2019 00:00

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) hosted its 40th National Conference for Chartered Accountants in Colombo last week. The three-day conference, which attracted over 2,000 participants and is labelled one of the count


Apparel industry to benefit from JASTECA

Views - 12 Tuesday, 22 October 2019 01:31

The JASTECA Institute of Management has embarked on a collaboration with JUKI Lanka & JUKI Corporation Japan to organise a ‘Be the Smart Manager’ JUKI production management program to bolster productivity and production management techniques of t


PIM becomes first State sector higher education entity to obtain prestigious ISO 9001:2015

Views - 11 Tuesday, 22 October 2019 01:31

The Postgraduate Institute of Management (PIM), the nation’s management mentor, achieved another first by becoming the first State sector higher education entity to obtain the prestigious ISO 9001:2015 certification. It was a transition and an upgr


WIM celebrates decade of work in Sri Lanka

Views - 14 Tuesday, 22 October 2019 01:28

Women in Management (WIM) celebrated its 10th anniversary under the theme ‘Creating Impact’.


Board of Management AGM

Views - 7 Monday, 21 October 2019 00:00

The AGM of TMC BOM was held on 25 September at room 206 Galadari Hotel commencing at 6 p.m. The members present went through the formalities of attending to AGM business in ratifying the minutes of prior meetings which was proposed by Nasser Majeed


TMC Wattala inauguration planned for 4 November

Views - 7 Monday, 21 October 2019 00:00

On 20 September, TMC’s Board of Management invited over 40 member prospects to the appointed host hotel Pegasus Reef for a presentation and a Q and A session, followed by a cocktail reception which was successfully concluded. Having ascertained the


About TMC

Views - 9 Monday, 21 October 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


Enable The Disabled AGM

Views - 5 Monday, 21 October 2019 00:00

Enable The Disabled (ETD), the CSR arm of The Management Club, held its 11th Annual General Meeting on 25 September at Hotel Galadari. The office bearers of the elected Executive Committee for 2019/20 are: Jezayaar Hassendeen as President, Sonali Ja


Protecting bottom line in trying times in the hotel industry

Views - 7 Monday, 21 October 2019 00:00

The Management Club (TMC) hosted its monthly discussion at Galadari Hotel on 17 October. The session was conducted by Nirmalan Nagendra, a retired veteran hotelier who now works as an external consultant for KPMG Sri Lanka. The workshop attracted gen


Members Speak November presents: ‘Striking a Balance – How to have it All’ by Dayan Fernando

Views - 7 Monday, 21 October 2019 00:00

Dayan D.L. Fernando, Life Member of TMC Colombo will be the next Speaker at the Members Speak which is scheduled to be held on 21 November. He will be speaking on a different, very interesting and timely topic. Dayan is currently the Warden at Lyceum


The ‘Strategic Blueprint’ of your firm: Articulating your competitive strategy

Views - 211 Thursday, 17 October 2019 01:27

Why do many firms fail to achieve their ambitions and growth targets in revenue and profitability? Several reasons can be found and one of the fundamental issues lies with the firm’s leadership not being able to articulate its competitive strategy


Dusty; first Sri Lankan EMC graduate at INSEAD

Views - 742 Tuesday, 15 October 2019 00:00

Dusty Alahakoon is the first Sri Lankan to be selected and graduate from the world-renowned ‘Executive Masters for Coaching & Consulting for Change (EMC)’ at INSEAD Campus. After a two-year study period, Dusty received his master’s degree at a


PIM Alumni Association hosts CEOs Forum 2019

Views - 12 Tuesday, 15 October 2019 00:00

PIM Alumni Association (PIMA) organised the CEOs Forum 2019 for the second consecutive year under the leadership of PIMA President Jayalal Hewawasam and Vice President and CEOs Forum 2019 Project Chair Denzil Indrajith Perera under the theme ‘Sri L


WiLAT SL organises Mentor-Mentee Evening

Views - 180 Tuesday, 15 October 2019 00:00

Women in Logistics and Transport of Sri Lanka (WiLAT SL) organised a Mentor-Mentee Evening for mentees who enrolled for WiLAT’s ‘Ignite’ mentoring program in November 2018. The program was held on 31 August at the National Chambers of Commerce


TMC Wattala at Pegasus

Views - 9 Monday, 7 October 2019 01:38

In spite of the rain and traffic, identified and prospective members from the Wattala, Ragama, Ja-Ela and Kelaniya areas together with some senior members from TMC Colombo, Negombo were treated to an eventful and...


September Members Speak: ‘Quality Beats Price’

Views - 11 Monday, 7 October 2019 01:35

At the recently-held ‘Members Speak’, Rohan Amirthiah – a Member of TMC Colombo spoke to a packed audience of members and guests. He commenced the presentation by questioning the audience: “We all want a good....


About TMC

Views - 3 Monday, 7 October 2019 01:30

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....


Experience Japanese management in Thailand through JASTECA

Views - 15 Friday, 4 October 2019 00:00

JASTECA Institute of Management (JIM) has designed a timely-needed training program for development of next level leaders with the title of ‘Experience Japanese management in Thailand’ under JASTECA Management Development Programme (JMDP). The pr


Systems Thinking: A new lens on complexity

Views - 55 Friday, 4 October 2019 00:00

By Mitchell Tan Men and women who have spent careers trying to understand and shape human collective behaviour have always encountered immense complexity. From scholars to policymakers, social activists to business strategists, innovators to market


Global third-quarter M&A sinks to three-year low amid US-China trade war fears

Views - 11 Friday, 4 October 2019 00:00

LONDON/NEW YORK (Reuters): Global mergers and acquisitions (M&A) plunged 16% year-on-year to $ 729 billion in the third quarter, according to Refinitiv data, the lowest quarterly volume since 2016, as growing economic uncertainty curbed the risk appe


ACCA, the most forward -thinking accountancy body

Views - 18 Monday, 30 September 2019 00:05

Membership of a professional body matters in today’s global economy. In a global business culture that relies on trust to function, professional qualifications and membership of a respected body are essential for success. Most people could never tr


Research shows benefits of multidisciplinary firm structure in producing high quality audits

Views - 20 Monday, 30 September 2019 00:05

A global alliance of accounting organisations has found that firms that offer both audit and non-audit services are best positioned to deliver robust and reliable assurance. The report published last week by Chartered Accountants Australia and New Ze


Today's Columnists

Why NPP for minorities and the nation?

Tuesday, 12 November 2019

The two minority communities, Tamils and Muslims, and their ethnic political parties are once again caught up in a dilemma in choosing one or the other of the two leading presidential candidates, Sajith and Gota. The Tamil parties drew a set of 13 d


Why NPP for minorities and the nation?

Tuesday, 12 November 2019

The two minority communities, Tamils and Muslims, and their ethnic political parties are once again caught up in a dilemma in choosing one or the other of the two leading presidential candidates, Sajith and Gota. The Tamil parties drew a set of 13 d


Corporate treasurers should make more use of derivatives to hedge risks

Monday, 11 November 2019

Humans have never liked the idea of uncertainty. More so, they did not like the idea of economic uncertainty. Hence, the need to hedge this uncertainty gave rise to the evolution of derivatives. Derivatives have been used by mankind for a very long


China’s rising giants

Monday, 11 November 2019

China’s evolution into a global powerhouse with the world’s second largest economy is a familiar story. Less well-known though is the tremendous growth of the nation’s state-sponsored aviation sector, which now has a global reach. Serving the w


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