Leadership

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

Decision Making, Leadership /

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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Good governance a pre-requisite for economic development: Mr. President, you are on right path

Leadership /

“There is a continuation of policy at least in the short term. There is no immediate disruption. Trying to do too much in too short a time invariably leads to disaster. The NPP Government is the first in recent times to continue with the economic policies of the previous regime. All this, in my eyes,

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Sri Lankan corporates can be braver on psychological safety

Leadership, Other /

Psychological safety is that exhilarating comfort which drives all human beings to give their best efforts to everything they do whether they are at home, work, and school or in society I had my first ‘impactful’ failure in a corporate role and my first acquaintance with psychological safety in mid-1975. I was an employee of

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Aligning a new political order to economic thinking; low on inequality but high on meritocracy

Leadership, Other /

“It is we, the voting citizens of our country, who despite experiencing the vicissitudes of such duplicitous behaviour, brainlessly and in a zombie-like fashion vote for these chameleons who take us for idiots.” Even as “Mondo” Duplantis, the Swedish pole vaulter, was thrilling global viewers with a world record breaking jump of 6.25 metres at the

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Succession planning: Neglected tool in managing HR risks

Decision Making, Leadership /

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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Is excessive board interference killing executive spirit?

Decision Making, Leadership /

“Whilst in law, and on paper, a board is superior in rank to management, it is important that a board must never make the management feel inferior. Directors and executives must cohabit on a platform of collaboration, trust, and respect. The board-management relationship must be positioned as a value creating partnership where the board is

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Leadership development – not a waste of time, energy and money when done right

Leadership /

“Effective leaders are those who enable positive people performance through role modelling, inspiring a shared vision, facilitating an environment of open and frank discussion, licensing the challenge of the status quo, enabling empowerment and decision making, and celebrating success. You do not necessarily have to be a good manager to be a good leader or

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Corporate head office – creator or destroyer of value in a conglomerate

Decision Making, Leadership, Other /

The corporate centre of a conglomerate can be value accretive or value destructive to the conglomerate “The best parent companies are those which create more value than any other rival if they owned the same business. Such businesses are deemed to have parenting advantage. In the same way that business strategy gives rise to competitive

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Limiting Factor Analysis crucial in decision making amidst resource constraints

Decision Making, Finance, Leadership /

Policymakers must determine the level of full capacity national output in understanding the state of the economy and in making informed decisions regarding monetary and fiscal policies The Sunday Times of 28 April 2024 reported that plans are underway to lift the restrictions on the import of motor vehicles because a committee of Treasury Officials has

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