TMC signs MoU with Pegasus Reef Hotel as Wattala host hotel

Views - 8 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 - 10 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 - 15 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 - 11 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 - 357 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 - 16 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 - 26 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 - 29 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 - 11 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 - 24 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 - 55 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 - 39 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 - 16 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 - 21 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 - 19 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 - 152 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

NiApreneurs hosts Think Tank forum

Views - 47 Monday, 29 July 2019 00:00

NiApreneurs, a social enterprise cofounded by Nilani Seneviratne and Archana Law,recently hosted a Think Tank Forum ‘Leading in a VUCA World – The Way Forward’. Both cofounders understand that we are at an extremely critical point of human exi

WIM Top 50 Awards 2019: Encouraging women to dream big

Views - 527 Monday, 29 July 2019 00:00

Since its launch in 2011, the ‘Professional and Career Women Awards’ organised by Women in Management (WIM) have recognised women trailblazers across diverse fields; particularly those who have positively impacted society, achieved success defyin

Nominations closes on 30 July

Views - 18 Monday, 29 July 2019 00:00

Nominations for Women Top 50 and Professional and Career Women Awards 2019 closes on 30 July 2019. Please visit for more details

CMI elects Murali Prakash as President at 18th AGM

Views - 172 Thursday, 18 July 2019 01:28

The 18th Annual General Meeting (AGM) of the Chartered Management Institute (CMI), Sri Lanka branch was held recently at the Galle Face Hotel Colombo. British High Commissioner to Sri Lanka and British Ambassador to the Maldives James Dauris graced t

CMO ASIA 2019 accolades for TAJ Samudra Colombo and Pankaj Sampat

Views - 42 Thursday, 18 July 2019 01:25

Taj Asia Ltd and Taj Safaris Ltd. Head and Sri Lanka, Maldives and Malaysia Area Director Pankaj Sampat won the prestigious award ‘Best General Manager in the Hospitality Sector’ at the CMO Asia 2019 Awards ceremony which was held at the Crystal

‘Built to be CEO’ by Sabrina Ghouse: an inspiring publication for aspiring women

Views - 151 Thursday, 18 July 2019 01:21

By Darshana Abayasingha For those of you who have not yet decided what you want to be, Sri Lankan-born Sabrina Ghouse lends advanced career advice to women on how to get to the top in her newly released book ‘Built to be CEO, A Woman’s Journey to

About TMC

Views - 35 Monday, 15 July 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

The five most important skills for managers to develop themselves

Views - 30 Monday, 15 July 2019 00:00

By Salley Percy What does it take to be a great manager? A great manager can make all the difference between an employee who performs to the best of his or her ability and one who merely ‘shows up’ in the workplace or perhaps doesn’t even show

Members Speak: ‘Supply Chain Management key to organisation’s success’

Views - 29 Monday, 15 July 2019 00:00

The Members Speak was yet another gathering numbering over 28 participants comprising of members of the TMC, sponsors and guests taking the opportunity of listening to Spryn Logistics Ltd. Managing Director/CEO Nujjith Samarawickrema on a current and

Sri Lankans make the most of CIMA centenary year

Views - 205 Wednesday, 10 July 2019 00:00

Sri Lanka hosts the largest concentration of Chartered Global Management Accountants (CGMAs) outside of the UK and USA, the sought-after accounting designation awarded by the Association of International Certified Professional Accountants, the unifie

Speaker launches ‘CPM Professional Management and Entrepreneurship Program’

Views - 42 Wednesday, 10 July 2019 00:00

The Institute of Certified Professional Managers is celebrating its 10th anniversary and I am happy to be associated as a Founder Patron of this body when I was present at the official launch in 2009. As a professional management body with a membersh

AAT hosts workshop on corporate governance for SMEs

Views - 40 Thursday, 4 July 2019 00:57

Association of Accounting Technicians of Sri Lanka (AAT Sri Lanka) hosted a seminar on corporate governance for SMEs at the auditorium of AAT Sri Lanka. The main objective of the seminar was to educate and identify the important aspects of the small

CMA Excellence in Integrated Reporting Awards 2019

Views - 68 Thursday, 4 July 2019 00:55

The Institute of Certified Management Accountants of Sri Lanka (CMA) invites all the Sri Lankan business institutions including public quoted companies, private and state-owned enterprises, small and medium enterprises to apply for the ‘CMA Excelle

Financial, non-financial reporting frameworks share principles of transparency and accountability

Views - 41 Thursday, 4 July 2019 00:54

The world’s leading financial and non-financial corporate reporting frameworks have the same common foundations, based on the key objectives of transparency and accountability, according to a position paper published by the framework providers on 2

Today's Columnists

Religion is a problem in Sri Lanka; can it be a solution?

Saturday, 17 August 2019

Generally, it is expected that religion should be a solution to a problem. Ironically in Sri Lanka religion is the problem. Therefore, what would be the solution? When religion becomes a problem of a country....

Orthodoxy and change: A perennial Muslim issue

Saturday, 17 August 2019

Whether Muslims live as minorities in non-Muslim countries or as majorities in a total of fifty seven countries, the clash of orthodoxy with modern challenges is a perennial issue that bedevils progress on several fronts in these communities.

Making the MCC Compact work for Sri Lanka

Friday, 16 August 2019

It is a sign of these political times that even an apolitical issue like a foreign aid program becomes a hot topic in Sri Lanka. In April 2019, the Board of Directors of the Millennium Challenge Corporation (MCC) approved a compact program for Sri La

Sri Lanka needs a president hungry for success, not power

Friday, 16 August 2019

The late John F. Kennedy described politics as a “noble adventure, an adventure in which one joins hands with the masses for the service of man”. Not that the Kennedys didn’t play “politricks” in their heyday. But playing “politricks” w

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