Management

Too many SMEs fail to plan more than a year ahead

Views - 42 Wednesday, 7 November 2018 01:05

Most Small- to Medium-sized Enterprises (SMEs) are aware of the benefits of good governance practice but, faced with limited time and resource, many still fail to put it in practice – which could be costly to long-term success. How vision and strat


Stax outlines three - step approach to effective crisis leadership

Views - 52 Wednesday, 7 November 2018 01:05

By Piyumi Kapugeekiyana Poor leadership is costliest during a crisis. When two security officers forcibly removed a passenger off an overbooked United Airlines flight last April, viral video footage of the incident led to widespread outrage and promp


Renewal of membership and contact details to be updated

Views - 27 Monday, 29 October 2018 00:00

As the end of the year gets closer TMC wishes to draw attention to the membership renewal for 2019. Kind request to ensure all 2019 subscriptions are settled early. A sincere reminder to all valued members to send in updated contact details (name, re


Annual Raffle Draw of The Management Club 2018

Views - 30 Monday, 29 October 2018 00:00

The Raffle Draw will be held at the Annual General Meeting of TMC on 28 November at Hotel Galadari Colombo from 6 p.m. onwards. This will be a fund raiser to support the activities of the CSR initiative of the TMC, Enable the Disabled, and the Manage


How to be an ethical leader: 4 tips for success

Views - 26 Monday, 29 October 2018 00:00

There is an evident difference between a leader and a boss, and the way they make those below them feel. Do they abuse their power to intimidate workers, or do they lead by example? The latter is key to managing a healthy, happy team. “In today’s


Changing international business environment

Views - 169 Monday, 29 October 2018 00:00

The topic of discussion was titled, ‘The changing International Business Environment, the realities of the Sri Lankan business dynamics and why Sri Lankan management thinking needs to change’. The key point stressed at this presentation was that


About TMC

Views - 22 Monday, 29 October 2018 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


TEDxColombo 2018 on 28 Oct.: The story of ‘I, You, We’

Views - 39 Thursday, 18 October 2018 00:00

This year’s TEDxColombo will be hosted at Nelum Pokuna on 28 October from 3 p.m. onwards under the theme ‘I, You, We’. It aims to sparking an actionable understanding of identity and how it can be used as a tool for building empathy, trust and


YPF Emerge 2018: Living with purpose through NLP

Views - 31 Thursday, 18 October 2018 00:00

Are you goal driven? Are you searching for the true meaning of success? Are you a change maker? Here is the chance for you to enlighten your mind. The Young Professional’s Forum (YPF) Sri Lanka of the Chartered Institute of Logistics and Transpor



CA Sri Lanka grants Gold and Silver status to 12 accredited learning partners

Views - 112 Thursday, 18 October 2018 00:00

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) granted Gold and Silver status to 12 of its accredited learning partners, while 60 lecturers who are delivering the institute’s benchmark program in chartered accounting were recogn


Tough times? Be ‘Trim and Fit’, not ‘Chop and Cripple’: MTI

Views - 171 Friday, 28 September 2018 00:00

Sri Lanka, like many emerging and frontier markets, are in the midst of an economic crisis, not forgetting the self-inflected damage caused by poor internal economic management. The deprecating rupee and recent fuel price hikes and its ‘snowballing


SLID, IFC conduct Train the Trainers workshop for IFC Women on Boards and in Business Leadership

Views - 127 Friday, 28 September 2018 00:00

Over the years the Sri Lanka Institute of Directors (SLID) has initiated many discussions to try and understand why, despite the potential benefits, there has been a remarkable lack of progress in the number of women directors on corporate boards in


Firm-level analysis of manufacturing sector investments in Sri Lanka

Views - 36 Friday, 28 September 2018 00:00

By Institute of Policy Studies Although Foreign Direct Investment (FDI) inflows to Sri Lanka have ‘recovered’ in 2017, hitting the much-touted $ 1 billion landmark, the underlying bottlenecks of poor ease of doing business, attracting the wrong


Living on the edge: 5 Reasons why edge services are critical to your resiliency strategy

Views - 38 Thursday, 20 September 2018 00:00

By Kyle York When it comes to computing, living on the edge is currently all the rage. Why? Edge computing is a way to decentralise computing power and move processing closer to the end points where users and devices access the internet and data is g


Artificial Intelligence and the future of consumption

Views - 61 Thursday, 20 September 2018 00:00

By Anjana Pillai The year is 1816. Mary Shelley and Percy Bysshe Shelley are spending the summer with Percy’s best friend, the poet Lord Byron. Lord Byron proposes that they all amuse themselves by each coming up with a ghost story. What Mary drea


The $ 1 trillion question: How can efforts to digitally transform businesses succeed?

Views - 47 Thursday, 20 September 2018 00:00

Tianjin, People’s Republic of China: While enormous resources are being spent on digital transformation programs by the private sector, the results are underwhelming. Today, the World Economic Forum launched a report to help senior executives avoid


The purpose of purpose: Why does it matter to the consumer?

Views - 92 Tuesday, 4 September 2018 00:00

It is now beyond doubt that purpose is critical for branding and how brands perceived as meaningful are benefitting from significantly higher share of wallet globally. The Millennials are also being referred to as “pro-social” or even the “purp


Adding value in tough times: 6 points for businesses to ponder

Views - 269 Tuesday, 4 September 2018 00:00

Even the most cursory look at the headlines over the past few weeks reveal certain trends. The falling rupee, rise in fuel prices and other financial factors have dampened consumer sentiment. The latest business confidence index is reported to be at


PwC’s Academy Masterclass on Strategy Execution in Emerging Markets with Prof. Susan Lynch

Views - 60 Friday, 31 August 2018 00:10

Every company has big and bold growth ambitions in any given economic condition. Senior executives are tasked to craft growth plans to cater to the demands of stake holders, hence they focus on creating the most optimistic corporate plan for their co


SriLankan Airlines launches Employee Assistance Centre to provide guidance for staff

Views - 51 Friday, 31 August 2018 00:10

SriLankan Airlines achieved yet another milestone in Sri Lanka’s corporate sector when it became the first organisation in the country to launch an Employee Assistance Centre (EAC), which offers professional guidance and counselling for employees t


Brands cannot be what their leaders are not

Views - 305 Wednesday, 29 August 2018 11:49

Brands are just as much about people as they are products. In fact, some of the most iconic brands are people who have found and embraced their sense of purpose, and, in turn, made a dramatic impact in their time and place. Think, for example, of the


Astron MD/Chairperson Marise Deckker selected Best Woman Corporate Leader 2018

Views - 128 Tuesday, 28 August 2018 00:00

Women in Management (WIM) in partnership with the International Finance Corporation (IFC) a member of the World Bank Group selected Marise Deckker as the Gold Award recipient for the Best Woman Corporate Leader of the Year at the ‘Top 50 Profession


INSEE upgrades managers with advanced course in strategic management through Glo-Bus simulation

Views - 393 Tuesday, 28 August 2018 00:00

Ensuring that the INSEE team is well equipped to face the dynamic and challenging business environment is an ongoing endeavour for Sri Lanka’s leading manufacturer of cement. INSEE Cement, Sri Lanka recently started an Advance Course in Strategic M


Ashani Jaysinghe-Dabare wins ‘Women Leadership Excellence Award’ at Sri Lanka Best Employer Brands

Views - 49 Tuesday, 28 August 2018 00:00

The World HRD Congress – an organisation connecting senior front-runners in HR and leadership to share best practices recently awarded the ‘Women Leadership Excellence Award’ at Sri Lanka Best Employer Brand Awards 2018. The awards celebrate em


Sajith Wickramaarachchi joins LAUGFS as Director/Chief Human Resources Officer

Views - 170 Tuesday, 28 August 2018 00:00

LAUGFS Holdings, the diversified Sri Lankan conglomerate, recently appointed Sajith Wickramaarachchi as the Director/Chief Human Resources Officer to steer the Group HR function. Sajith joined LAUGFS Holdings from Ceylon Biscuits Limited, where he h


Warriors who fight for a larger purpose

Views - 136 Friday, 17 August 2018 00:10

Are women more naturally inclined to cooperation than men? Sulochana Sigera’s impassioned statement at last week’s Women in Management Awards seemed to suggest so. Addressing the under-representation of women decision-makers, Sigera pointed to th


Fifth intake for Leadership Academy now on

Views - 34 Friday, 17 August 2018 00:10

Deepal Sooriyaarachchi, the consulting partner of Results Based Leadership Organization USA recently concluded the fourth intake for the Leadership Code Based Leadership Academy held over four days at Cinnamon Grand


CIMA Business Leaders’ Summit 2018 on 28-29 August

Views - 262 Friday, 17 August 2018 00:10

The Chartered Institute of Management Accountants (CIMA) Sri Lanka will hold its annual flagship conference, the CIMA Business Leaders’ Summit, on 28 and 29 August, at the Hotel Shangri-La, Colombo.


Doing the correct thing in the right way

Views - 74 Thursday, 9 August 2018 00:00

In a recent interview with Sri Lanka Institute of Directors (SLID) Senior Vice Chairman A.R. Rasiah, he shared his simple version of Corporate Governance which is ‘doing the correct thing in the right way’. To do the right thing is important, but


Today's Columnists

Poignant pondering on a patriarch

Monday, 22 April 2019

Almost five months have gone. It is with a profound sense of sadness that we experienced the demise of our veteran teacher, respected author, legal luminary, an accomplished ambassador, an eminent public servant and an amazing human being, Dr. Wickre


Enemies of democracy – Part I Demand for a strongman to rule the country

Monday, 22 April 2019

I posed the following question to a group of university students recently: ‘Do you desire to have a strongman to rule Sri Lanka today?’ The students, made up of both genders in the age group of 25 to 35, chorused the answer in the affirmative. Wh


The sad demise of Jet Airways

Monday, 22 April 2019

Jet Airways of India, once the premier full-service carrier of the sub-continent, has ceased operations. “Jet Airways and its Board of Directors have been forced to take this extreme measure, as prolonged and sustained efforts with lenders and auth


No more stones to break Sri Lankan bones

Friday, 19 April 2019

Trial by fire is not a new ordeal to Christian community. It predates Notre Dame and Nazism by millennia. In fact, a decade or so before Nero torched believers to light Roman avenues, Jewish religious leaders put Jesus-followers to the test as the Ch


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