Category: Media Column – DailyFT
What should be Sri Lanka’s value proposition to the world?
Large enough local market consumption?Access to a fast growing sub-continent?Large scale, low cost labour force?Highly technically skilled workforce?Strategic maritime and aerospace location?Ease of doing business, policy consistency and credible governance? Pick the focus (from above), then develop domain specific value propositions.
Only a handful of Sri Lankan companies have been in existence for over 100 years. However, for 144 consecutive years (through two world wars and many local show stoppers), the Royal-Thomian has been played. On the verge of the 144th encounter, we reflect on what organisations can learn from the Royal-Thomian.
White Collar Crime
The excessive focus on KPIs tends to mask management productivity, which is rarely measured. Consequently, managers have mastered the art of:
What drives leaders?
The ‘feel good’ of being recognisedSincerely wanting to accomplish something worthwhilePerks and privileges – the legitimate ones‘Hunger’ for power, inflated egosAbility to abuse power – for personal gainsLogical career progression – in the ‘day job’Nepotism i.e. family pressure to take over the ‘business’ Which ‘caps’ fit you?