Some key interschool games were worked off over the weekend. I took some time off to watch the Wesley vs. Trinity game. It was a two halved game where Wesley dominated the first half and held a one score lead at the half time break. In the first half they were able to move the ball across the width of the pitch and this paid rich dividends by way of three touch downs. Their play in the second half was riddled with errors of judgement and errors of handling.
With two top cricketers of the likes of Kumar Sangakkara and Angelo Mathew not being able to sustain the rigour of the expectations at IPL 2013 and having to be dropped off the captaincy and then making a comeback after a breather, we can just imagine the entrenched competition that exists. As a close follower of the 2013 edition, let me share a few parallels to Sri Lanka business.
The challenge of tackling unexpected derailments
Having accepted that Sri Lanka’s average income per head, also known as per capita Gross Domestic Product or GDP, will reach the US$ 4,000 mark one year before the previously targeted year of 2016, the Central Bank Annual Report for 2012 has now concentrated on how to take that impressive economic growth beyond that level.
“People do not leave organisations, they leave their bosses.” I have heard this many times here and abroad. The harsh truth is that there is something not so right with regards to supervision. Let’s discuss this newly-popularised phenomenon called “abusive supervision”.
What is abusive supervision? As the name suggests, it does harm to the employees. Abusive supervision has been typically described as subordinates’ perceptions of the extent to which their supervisors engage in the sustained display of hostile verbal and nonverbal behaviours,
Many Asian companies have a long way to go for putting in place a succession plan at the top level, which has a bearing on the market valuations of companies, confidence of the business associates and morale of their employees.
Tamil National Alliance (TNA) Parliamentarian Suresh Premachandran asserts it is unnecessary to deploy 150,000 soldiers in the Northern Province. According to Premachandran, of the 200,000 Army personnel in Sri Lanka, 150,000 are stationed in the north. “Let the Government have any amount of Army
The much anticipated Lions squad was announced and as with any such announcement the various pundits have expressed their views. The English skipper does not find a place in the squad and the selection of Sam Warburton as Lions’ skipper raised many an eyebrow. One can see Warren Gatland’s point of view in this scenario as he is bound to go with the tried and tested Welsh skipper who did him proud in the last World Cup. As one pundit remarked ‘Gatland’s 37-man party contains a balance of experienced old hands, talented young thrusters and players with the required ‘X factor’ to provide something a little bit different’.
Survival is essential; growth is expected, planned and achieved. Organisations can’t sleep over the strategies that worked for them in the past assuming that the same strategies will drive them to success in the future. The world is changing. Business is changing. Competitors grab your very own strategies and even the resources within second your product goes out to the market.
- In what feels like a repeat of Geneva 2012, behind-the-scenes manoeuvring by New Delhi may have tipped the scales in Sri Lanka’s favour in London last week, where the Commonwealth’s most powerful grouping decided an eleventh-hour venue shift of the Commonwealth Heads of Government Meet was simply not an option.
The latest report by the WTO is the report identifying the 21st century trade challenges that WTO members would face. The report, which was a result of an announcement at the conclusion of the WTO ministerial conference, was prepared by 12 members from the business sector and civil society. When launching the report, the Director General of the WTO stated that this report covers medium to long term challenges for the multilateral trading system and provides ‘food for thought’ for all stakeholders including WTO members.