Decision Making

The National Budget is IMF influenced, so what? Do we have a choice?

President and Finance Minister Anura Kumara Dissanayake presents the 2026 Budget in Parliament on 7 November Cheers and jeers welcomed Sri Lanka’s National Budget 2026. This is normal when the country’s ends are many, but the means are limited. Budget promulgations based on important and urgent priorities, as seen by drivers of national policy, will […]

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Chronic impunctuality, haphazard time management: Silent assassins of Sri Lanka’s productivity

“When a leader arrives on time for a meeting, an appointment, or even a casual conversation, they communicate, without uttering a single word, that they value the time of those waiting“ Sri Lanka’s national leaders are notorious for not keeping to time. While individual politicians may vary in their adherence to schedules, the overall perception

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Effective decisions, a mix of gut and information – avoid constipation by data

In today’s dynamic business landscape characterised by volatility, uncertainty, complexity and ambiguity, the ability to make swift but considered, decisions is what separates the men from the mice. In an era of global connectivity and instant information, unnecessary delays can be costly.  As consumer preferences evolve rapidly, market trends shift unpredictably, employee aspirations change frequently

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Simple is effective: Eliminate the unnecessary for the necessary to survive

“The core idea of simplification in business is not about reducing effort or commitment. Instead, it is about focusing your energy on the most impactful activities and streamlining processes. In the current world of volatility, uncertainty, complexity and ambiguity a simplified approach can be significantly value adding. It is all about cutting through the clutter

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Rise of neo-conglomerates: Obsessive focus on core competencies

Despite the rapid decline in popularity of the traditional conglomerate as an effective business model, it is ironic that the five largest companies in terms of market capitalisation in the world, in United Stated Dollars trillions, as of 6 January 2025, were Apple (3.7), Nvidia (3.5), Microsoft (3.2), Alphabet (2.4) and Amazon (2.4) and they

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CEO, appointment and succession: Board’s most critical responsibility

In a rapidly changing business and societal landscape where artificial intelligence (AI), digitisation, diversity, equity and inclusion (DEI) and environmental, social and governance (ESG) issues are featuring prominently and where the public’s expectation of boards to engage more on risk oversight, strategy, investments, mergers and acquisitions (M&A), talent and performance management is on the up,

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Misalignment: Unnoticed culprit in organisational ineffectiveness

“Achieving the level of organisational alignment needed to provide a competitive advantage is not an easy task in today’s fast-paced business environment. Businesses today are more complex than ever before. Market conditions and working environments are evolving at an accelerated pace, making it imperative for businesses to react and make decisions quickly. To respond successfully

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Congruence between compensation philosophy and generic strategy is key to staying competitive

“Notwithstanding the greatness of the organisation’s culture or the exciting variety in its benefits package, the probability of an employee performing per expectations at remuneration below market is extremely low. Performance-based compensation which pays for success is a way of avoiding increases in fixed pay which arise from factors which are unrelated to success. A

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Quest for system change paralysed by our Metathesiophobia

“As we prepare to vote in the 9th Executive President of Sri Lanka, let us recognise some hard truths. Sri Lanka has very little to show after 76 years of independence. Selfish, sleazy, sly, corrupt and unaccountable leaders and their Governments have, through their policies, actions, and inactions, over the past several years, led the

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Succession planning: Neglected tool in managing HR risks

The process of ‘succession’ has been in play, and ‘succession planning’ has been in operation, in various forms, shapes and sizes since the days of yore. Commencing from the replacement of a chief of a hunter-gatherer clan of Homo Habilis about 1.5 million years ago, the process of succession, often natural and spontaneous and sometimes

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