Management

About TMC

Views - 5 Monday, 8 April 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


New early evening leadership series

Views - 9 Monday, 8 April 2019 00:00

The Management Club has developed yet another module series (over 12 months) on ‘Leadership in Management’, a distinct weakness identified by many. After a very successful ‘Smart Manager Series’, it became evident that our managers needed to


5 social media marketing trends that will dominate 2019

Views - 20 Monday, 8 April 2019 00:00

The world of social media is constantly changing, bringing new trends, ideas, and unspoken rules each year. In most cases, the changes aren’t sudden or unexpected, but rather gradual and relatively predictable – for example, who was really surpri


Asia firms spend less and save more as China economy slows

Views - 10 Monday, 8 April 2019 00:00

Bengaluru (Reuters): Corporate spending in Asia is likely fall for the first time in three years, a Reuters analysis of Refinitiv data showed, as businesses conserve cash in the face of a stalling Chinese economy, an unresolved trade dispute and Brex


Asian business sentiment lingers near three-year low as trade war drags

Views - 7 Monday, 8 April 2019 00:00

SEOUL (Reuters): Confidence among Asian companies held near three-year lows in the first quarter as a US-China trade dispute dragged on, pulling down a global economy that is already on a downward path, a Thomson Reuters/INSEAD survey found. The Thom


KPMG Global CFO Outlook finds CFOs less optimistic on growth this year

Views - 16 Monday, 8 April 2019 00:00

The survey revealed that in contrast to 2018, CFOs are less optimistic about the prospects for growth in the economy. Only about 17% of respondents were confident about the prospects of the economy, representing a 29% decline from last year. Perceive


How strategic is your strategy?

Views - 205 Friday, 5 April 2019 00:00

The word strategy has become colloquial in usage today; as a word loosely used today, and also commonly used in places where it should not be. Often when we need to perform a task or improve something, we use the term ‘we must have a strategy’. H


BDO UK and Moore Stephens LLP UK become one firm

Views - 11 Tuesday, 2 April 2019 00:00

BDO is an international network of public accounting, tax, consulting and business advisory firms which perform professional services under the name of BDO. BDO has officers in 162 countries and employees over 80,000 people worldwide. The BDO networ


EY says Share based Incentive Plans have good potential to drive corporate performance

Views - 59 Tuesday, 2 April 2019 00:00

The smart use of total rewards in attracting, engaging and retaining an employee cannot be over-emphasised. Total rewards are a concept that is much larger than just monetary aspects of compensation. In a truly holistic definition, total rewards cov


Scalability of Intelligent Automation Technologies directly linked to financial performance

Views - 33 Tuesday, 2 April 2019 00:00

According to KPMG International’s new ‘Easing the pressure points: The State of Intelligent Automation’ global survey, enterprises are not scaling intelligent automation (IA) technologies (artificial intelligence [AI], advanced analytics, and


Stax Inc. brings global expertise to help local companies successfully implement strategies

Views - 33 Tuesday, 26 March 2019 00:00

Stax Inc. believes many contemporary CEOs have understood the importance of crafting, articulating, and championing the strategic direction for their business. According to a recent study published in the Harvard Business Review, a fifth of corporate


About TMC

Views - 6 Monday, 25 March 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


First experience at TMC

Views - 7 Monday, 25 March 2019 00:00

It was my first experience at TMC to meet the members as well as to listen to the ‘Members Speak’ session held on 21 March at Galadari Hotel Colombo. It is my pleasure to convey that I found the event very productive and informative. The topic wa


Dankotuwa Porcelain, yet another partner of TMC

Views - 11 Monday, 25 March 2019 00:00

Dankotuwa Porcelain PLC, renowned for its luxurious and elegant porcelain tableware entered into partnership with The Management Club (TMC) to be its partner sponsor for a period of three years. The Memorandum of Understanding was signed between Dank


Participants’ comments

Views - 11 Monday, 25 March 2019 00:00

What happens when good people leave the organisation? When I was listening to the speech on ‘Employee turnover and its impact on organisation’s historical knowledge’ by Athula Jayasekera during the TMC member forum, I remembered how my first me


March Members Speak: ‘Retaining knowledge lost through employee turnover’ by Athula Jayasekera

Views - 10 Monday, 25 March 2019 00:00

Addressing members and guests at TMC’s Member’s Speak which was held at the Galadari Hotel on 21 March, TMC Colombo Member Athula Jayasekera spoke on ‘Employee turnover and its impact on organisational historical knowledge’ Sharing some thou


TMC to present ‘Leadership in Management’ programs

Views - 18 Monday, 11 March 2019 00:06

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


Evensta signs up as official event services provider of TMC

Views - 19 Monday, 11 March 2019 00:05

Evensta, a professional marketing services outfit, entered into a Memorandum of Understanding with Sri Lanka’s exclusive corporate forum, The Management Club (TMC) to be its partner sponsor for a period for three years. “This occasion will be a l


Drivers of employee retention and turnover

Views - 35 Monday, 11 March 2019 00:02

Devising effective employee retention strategies requires organisations to understand both why employees leave organisations and why they stay.


About TMC

Views - 18 Monday, 11 March 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


Lakarcade TMC’s latest partner

Views - 14 Monday, 11 March 2019 00:00

Lakarcade Ltd. has entered into an agreement to become a Partner of The Management Club – TMC as it is popularly known among its membership and managers representing the cream of practically all professional firms in the country. The Memorandum of


PwC’s Academy workshop on implementing ERM to help organisations manage and prevent future risks

Views - 23 Thursday, 28 February 2019 00:00

In an era where risks have become part and parcel of the business world, PwC’s Academy is assisting Sri Lankan businesses to proactively manage and prevent risks by introducing a two-day practical workshop on Implementing Enterprise Risk Management


Chair’s role is crucial for independence in boardroom

Views - 42 Monday, 25 February 2019 00:15

The chairman is responsible for leadership of the board and is crucial for creating the culture imperative for individual director participation and overall board effectiveness. The chairman’s role in facilitating independence in the boardroom was


Award-winning BoardPAC sponsors Australian Governance Institute’s National Conference 2018

Views - 47 Monday, 25 February 2019 00:14

Globally recognised and among the most awarded Board Management Solution providers BoardPAC, sponsored the Governance Institute of Australia’s National Conference 2018. The event titled ‘Purpose. Performance. Value.’ was held during the last w


Poor countries must stop contracting global consultancy firms – IMF boss

Views - 79 Monday, 25 February 2019 00:13

The Managing Director of the International Monetary Fund (IMF) Christine Lagarde has urged poor countries in the world to desist from using global consultancy firms to write development strategies. She was speaking at an event on funding of sustainab


PwC’s Academy to groom managers, professionals, entrepreneurs to be mindful leaders of 21st century

Views - 54 Monday, 25 February 2019 00:00

Globalisation, digital technology, ‘socially created information’ and a new demographic that is driving mass collaboration and transparency are four dominant forces which are reshaping the 21st century. This, together with increasing volatility,


ACCA and KPMG hold discussion on importance of good governance for SMEs

Views - 72 Monday, 25 February 2019 00:00

Corporate governance today is seen as an essential building block of stable economies that helps to protect the rights and interests of shareholders, provides a framework for effective monitoring of management actions and performance, encourages bett


Dr. Mahesh Jayasinghe recognised as 101 Top Global Coaching Leaders by World Coaching Congress

Views - 38 Monday, 25 February 2019 00:00

Dr. Mahesh Jayasinghe was recognised among the Top Global Coaching Leaders at the World HRD Congress Awards held in Mumbai last week. At this event several world HR leaders and international companies were recognised for their contribution towards m


Inaugural CPFA and APFASL Conference focuses on upholding trust, ensuring sustainable public sector

Views - 25 Monday, 25 February 2019 00:00

Sustainable public sector financial management and the need to think forward while upholding trust and accountability in the public sector came under focus last week at the inaugural CPFA and APFASL Annual Conference organised by the Association of P


About TMC

Views - 17 Monday, 25 February 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


Today's Columnists

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


Unholy trinity is unholy to Sri Lanka from all fronts

Thursday, 18 April 2019

Let us see the background of the unholy trinity or impossible trinity or trilemma. Every country is challenged with international monetary policy which will in return decide the fate of the economic growth. Three strategies available are;


Is it the plane or the pilot?

Thursday, 18 April 2019

The two recent crashes involving Boeing 737 MAX twin-engine jetliners have brought flight safety into sharper focus than ever after many decades. This is in many ways a story of success breeding complacency. Airline safety has improved beyond belief


Is Sri Lanka capable of a course correction?

Thursday, 18 April 2019

The genesis of Sri Lanka’s current political and economic problems can very well be traced back to several structural issues of the country, both politically and culturally. It is no secret that from the outset of the war in Sri Lanka, the country


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