How to use ‘New Global Standards’ in project management, to improve project success

Views - 340 Thursday, 11 January 2018 00:02

By Dr. Madhu Fernando Two decades of the 21st century are almost completed. Some project management practitioners are still relying on the traditional project management standards which have been introduced in mid to late 20th century for projects. P

Tough journey, great destination by Ronnie Peiris

Views - 473 Friday, 29 December 2017 00:00

Recently I watched the movie ‘The hacksaw ridge’ the amazing story of how a young man called Desmond Doss went to the battle field without a gun because it was against his value system to kill. Eventually he ended up saving 75 people from death.

Not a sword; only stones for David’s defence: David’s and Goliath’s dynamics of success

Views - 26 Friday, 29 December 2017 00:00

In the Biblical context, the story of David and Goliath depicts dynamics of winning cultures in a battlefield. Goliath, a Palestinian was a strong man. His strength was measured through braveness

Global best practices in managing conduct risk introduced to Sri Lanka

Views - 70 Wednesday, 20 December 2017 00:00

The Sri Lanka Insurance Institute (SLII), TCF Consulting (UK) and Global Business Counselling (GBC) collaborated to introduce the concept of Treating Customers

Digital transformation will change everything – Is the CFO ready for tomorrow?

Views - 53 Wednesday, 20 December 2017 00:00

Since its inception in 1986, Global technology giant Oracle Corporation has enabled thousands of organisations across APAC to transform their business operations.

Corporate governance important factor in strengthening capital markets: SEC Chief

Views - 81 Friday, 15 December 2017 09:12

The Code of Best Practice on Corporate Governance 2017 was released on Wednesday by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

KPMG hosts first Family Business Forum in the Maldives

Views - 239 Friday, 15 December 2017 09:09

Given the importance of raising awareness and ensuring family businesses carry forward their legacy, the Family Business Division of KPMG in Sri Lanka organised a forum in the Maldives to discuss key challenges faced by family businesses and the ways

Spiritual workplace strategy: A paradigm shift in contemporary work-ethics

Views - 30 Friday, 15 December 2017 09:07

In the backdrop of Triple Bottom line (People-Planet-Profit), organisations are traversing towards a spirituality culture.

Nominations called for the four international standard- setting boards

Views - 27 Monday, 11 December 2017 00:00

A call for nominations for the four international standard-setting boards was issued last week.

Outstanding performances at Asia-Pacific Executives Forum 2017 and AAPM Certification Ceremony

Views - 100 Monday, 11 December 2017 00:00

There were some outstanding performances this year at the Asia-Pacific Executive Forum 2017 & AAPM Certification Ceremony held at Hilton Colombo on 26 November.

Corporates urged to find the fit between CSR and innovation

Views - 21 Monday, 11 December 2017 00:00

As top corporates in the country bring Corporate Social Responsibility to the table in the quest for greater value and competitiveness, experts stress that corporate social innovation is the new CSR.

IFC, partners strengthen corporate governance practices in family-owned businesses

Views - 31 Wednesday, 29 November 2017 00:00

IFC, a member of the World Bank Group, along with the Sri Lanka Institute of Directors (SLID) and the Colombo Stock Exchange (CSE), are collaborating on workshops that promote good corporate governance and family

AIS Principal Harshana Perera honoured at Icons of Learning Summit, Singapore

Views - 33 Wednesday, 29 November 2017 00:00

Recognising a career filled with remarkable achievements in education and invaluable contribution to institutions of learning

Ronnie’s insights on professionals, managers and leaders

Views - 1578 Thursday, 23 November 2017 00:01

Ronnie Peiris is someone with the ability to move around with kings and still not lose touch with the common man. An Executive Director on the Board of John Keells Holdings PLC (JKH) as its Group Finance Director, he is also a Director of several lis

Strategic significance of supply chain management in investment decisions

Views - 218 Wednesday, 22 November 2017 00:00

There were days when business owners and managers had the luxury of making significant one time investments and reaping the benefits for years to come without any major new cash infusion. In today’s rapidly evolving global

Father founder, son rich, grandson poor!

Views - 118 Wednesday, 22 November 2017 00:00

“Father founder of the company, son rich, and grandson poor” is Mexico’s powerful equivalent to Asia’s popular saying about family-owned businesses, “Wealth shall not last three generations!”

The making of an entrepreneur

Views - 65 Monday, 13 November 2017 00:00

Startup fever is sweeping its way across Sri Lanka. Inspired by the Silicon Valley culture, many young graduates and executives are leaving the comfort of their jobs to pursue their own ventures.

Battle of the generations: Family business legacy and passing down the crown

Views - 981 Monday, 13 November 2017 00:00

Family businesses are the bedrock of a country’s economy; according to statistics, 70 to 90% of the GDP is created by family businesses globally

Wake up boys; let’s walk the talk

Views - 972 Wednesday, 8 November 2017 00:00

The writing is on the wall, chaps. We need to do something. There’s a moral imperative, an economic and social necessity, but above all, it makes business sense. The facts stack up.

CIMA holds Convocation Ceremony 2017

Views - 44 Friday, 27 October 2017 00:00

Growing the ranks of the globally-respected, competent pool of management accountants the country is known for, CIMA Sri Lanka felicitated their students and members at the convocation held at the BMICH on 20 September.

IIMA to conduct top management program on ‘Transforming Business Organisations to Achieve Growth’

Views - 50 Thursday, 26 October 2017 00:00

Indian Institute of Management Ahmedabad (IIMA) in collaboration with Institute of Certified Professional Managers (CPM) and Institute of Certified Management Accountants of Sri Lanka (CMA) will be conducting a top management program on the topic ‘

It’s everyone’s responsibility to manage workplace conflict

Views - 261 Tuesday, 10 October 2017 00:01

All personnel at every level of the organisation must accept that conflict is an inescapable part of their working life. Whilst most would view conflict in a negative light, handled well, it can also be a birthing ground for creativity and innovation

Surveys don’t drive insights - A thorough and informed process drives insights

Views - 77 Tuesday, 10 October 2017 00:00

A survey is a great tool that helps companies better understand consumers and develop a wide range of analyses. A common misconception is that surveys drive insights. With numerous free survey services available and a growing set of panel providers,

Implication of Serivanija marketing on customer relationships and brand equity: A lesson for modern

Views - 443 Friday, 29 September 2017 00:00

Today’s world with digital disruptive technologies and mass communication availability has empowered consumers as equals among thousands of powerful companies

Family businesses: Taking over the mantle

Views - 201 Wednesday, 13 September 2017 00:00

On 2 August, global strategy consulting firm STAX and Sri Lanka Institute of Directors unveiled the results from the first-ever survey of Sri Lankan family businesses and convened a stimulating panel discussion

COYLE Sampath Bank Chairman’s Forum to focus on futuristic entrepreneurs

Views - 52 Monday, 11 September 2017 00:00

For the fourth consecutive year, the Chamber of Young Lankan Entrepreneurs (COYLE) will be hosting the much-awaited Chairman’s Forum on 26 September. Following the theme titled ‘I AM’, this year’s exciting line-up of Sri Lankan entrepreneurs

Janashakthi Insurance partners CIMA Business Leaders Summit 2017

Views - 74 Monday, 11 September 2017 00:00

Leading insurance provider Janashakthi Insurance PLC announced its partnership with the Chartered Institute of Management Accountants (CIMA) Sri Lanka on the CIMA Business Leaders Summit for the third consecutive year.

3W Group celebrates 20 years of driving change

Views - 69 Monday, 11 September 2017 00:00

The 3W Group (Third Wave Group), is celebrating 20 years driving innovation and change in the corporate and retail sectors in Sri Lanka and the region.’

ABAF 2017 to feature top speakers from 10 countries

Views - 49 Monday, 11 September 2017 00:00

Next month’s Asian Business Angel Forum (ABAF) 2017 will feature prominent international speakers from Silicon Valley (USA), Australia, UK, Hong Kong, China, Korea, Israel, India, Malaysia, Singapore, Pakistan and Bangladesh. Sri Lanka won the chan

Paradigm shift in financial reporting with new Accounting Standards – Part I

Views - 886 Wednesday, 30 August 2017 00:00

The Institute of Chartered Accountants of Sri Lanka has adopted three new Accounting Standards which will be effective soon.

Today's Columnists

Identifying traitors: I cannot wait until Dr. Padeniya presents his point scheme

Tuesday, 21 August 2018

Cause for excitement I am excited! A way of identifying and measuring a traitor is soon to be unveiled; by no less than the President of the GMOA! Hasn’t he also qualified in some department of neurology? All the more reason to justify my excitemen

The evils of translocating wild elephants

Tuesday, 21 August 2018

The subject of translocating wild elephants has been a much-debated topic recently, after the Department of Wildlife Conservation (DWLC), acting on the orders of the Minster for Wildlife, wanted to move the only two wild elephants habituating the Sin

Climate scientists cheating us to a $ 12 b/year economic loss in 2050

Monday, 20 August 2018

Local news media carried the disturbing pronouncement by World Bank economists to the effect that Sri Lanka will become an extremely hot territory with 30C temperature rise and $ 12 billion per year economic loss by 2050.

Singapore miracle – How SL could benefit from trade with Singapore

Monday, 20 August 2018

According to a media report released by President’s Media Division, a committee of experts has been appointed by the President to examine and report on ‘the practical impact and use of the proposed officer policy guidelines and recommendations on

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