Sri Lanka needs younger directors – those who are wonderfully weird than dreadfully dull

The bottom line is that boards in Sri Lanka are too ‘old school’ and this is hampering Sri Lanka’s march to a new world economy, an economy which is personified by a shift from a manufacturing and commodity base to one which leverages technology in creating products and services at rates which could never be […]

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Political parties good for democracy; but not cults, fiefdoms and extremists

The heading in the Daily Mirror of 18 March 2024, “Public Trust in Parliament and Political Parties Reaches All Time Low”, begs the question of the appropriateness, and efficacy, of political parties in democratic Sri Lanka. Further, the lack of consensus among political parties in most matters heightens these concerns. The overuse of partisan party

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Professional accountants: Best equipped and placed in fighting bribery and corruption

Professional Accountants often struggle in deciding whether their overriding loyalty is to the employer, client, boss, profession, the public or self. Adding to this, most organisations believe that a professional accountant employed by them must always act in their best interest over and above any other stakeholder. This is flawed thinking because the maintenance of

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Curiosity never killed the cat in a culture of ‘question’ and ‘challenge’

We have all had the experience of a dreary boss who, with his/her stifling, and controlling behaviour, routinely shot down our, and our team’s, progressive ideas in an environment where all that mattered to the boss was to get the job done by the stipulated timeline and in line with the prevailing rules and procedure. 

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Electing the next President; our Hercules to clean the Augean stables

Barring the unthinkable, Sri Lanka will soon elect its ninth Executive President and election gossip is increasingly taking centre stage at business and social gatherings. The period running up to the election is, as we all know, the time which gives rise to self-made political strategists and election pundits with some of them claiming to

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Fear-based leadership; an extreme last resort, not a sustainable panacea

“State chief accountants will be held liable for excessive expenses” was a headline which caught my eye when I opened the Sunday Times of 7 January 2024. ‘Excessive Expenditure’ was defined as any expenditure that is not in the 2024 Budget or Annual Plan. Whilst I agree that the organs of the Sri Lankan Government

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Reluctance to delegate – a block to leadership development

In my short career as a Leadership Coach since retiring from John Keells Holdings PLC (JKH) in December 2017, I have coached, and mentored, 89 “C” suite executives and based on my observations, I would state, unhesitatingly, that the acute reluctance of leaders to delegate is the foremost factor impeding their leadership development. This reluctance

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Over-governance and excessive regulation; like buying a bazooka to kill a cockroach

Using a bazooka to kill a cockroach is how I describe the ‘over-the-top’ requirements mandated by regulators, accounting ombudsmen and statutory auditors etc. on governance, the over-designed practices and models promoted by governance experts in equipping organisations to deliver compliance and the superfluous measures proposed by gurus to the corporate that wish to portray squeaky

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Demanding accountability of national leaders is a citizen’s right

Sri Lanka will not escape its economic and social doldrums until we, the citizens of this country, demand accountability of our national leaders and public officials as a part of our constitutional right. Acts, directives, regulations, laws, policies and procedures are of little, or no, value if they are not applied and enforced. In a

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