Choosing the right leadership style for each situation can be difficult. For example, you need to get the balance correct between putting too much or too little emphasis on achieving objectives and/or the needs of individuals in a given situation and

British American Tobacco PLC’s unit in Sri Lanka says it’s poised to lose its dominant position in the market to leaf-rolled cigars made by small local rivals.

When the ambitious Belt and Road Initiative – with projects reportedly worth US $ 1 trillion – was first announced by President Xi Jinping in the autumn of 2013, many were sceptical of this Chinese move aimed at building up economic conne

Sri Lanka today carries a huge foreign debt burden. Sri Lanka’s external debt has averaged US $ 42632.32 million from 2012 until 2017, reaching an all-time high of US $ 47302.10 million in the third quarter of 2016. During the first quarter of

The death toll from non-communicable diseases or NCDs (diseases of long duration and generally slow progression) is on the rise and accounts for more than a half of total deaths globally. According to the World Health Organisation (WHO), NCDs kill 38

Bamboo is a well-established cultural feature of many regions throughout the world. Its diversity and versatility are well-documented – some 1250 species and 1500 traditional applications have been identified. Notably, the main users are the ru

Sustainable tourism represents numerous avenues for development in any destination and will be achieved only when its social and environmental benefits are realized, in addition to its economic benefits. This is applicable to any form of tourism, ran

In Asia, dealing with urbanization is an especially acute challenge. Urban infrastructure systems are bursting at the seams, struggling to meet the needs of growing population.

The dust is yet to settle on the collapse of Central Investments & Finance PLC (CIFL) and the Ceylinco group’s Golden Key Credit Card Company (GK). Many of its depositors are still awaiting settlement of their dues. 

Not only do the great teammates allow different leaders to consistently emerge based on their strengths, but also, they realize that leadership can and should be situational, depending on the needs of the team. Sometimes a teammate needs a warm hug.

In the 1950s and 1960s, the world economy was transformed by the emergence of the American consumer. Today, China’s rising ‘i-can’ generation is in the economic  driving seat.

Yesterday, the world marked the International Day for the Universal Access to Information. Fittingly, we in Sri Lanka, celebrate seven months since the Right to Information (RTI) Bill was enacted.  

Sri Lanka has been on the active lookout to improve its bilateral trade with the economic giants and the United States (US) is one of them. The interest is observed to be mutual, given the number of initiatives taken place in the recent past. However

Your aim as a leader in engaging your team members to ‘go the extra mile’ is to work together with a common commitment to achieve optimum outcomes for everyone involved. By doing so, you achieve common objectives that directly benefit you

Failure. Many of us have been there. Some have refused to go beyond it while others have persevered and gone on to conquer great frontiers – be it business, entrepreneurship or anything else. But few have realized the value of failure as a teac

The stock market is a university for any entrepreneur that wishes to build a business empire, which creates a large number of employments for the economy. 

La Almunia de Doña Godina, a small town situated in the fertile plains of Valdejalón in northwestern Spain, was buzzing with unusual activity one late afternoon a few weeks ago, when I was there to visit the headquarters of Cosanse, a l

Google India Country Head Mohit Pande delivering the keynote at the CIMA Business Leaders Summit recently pointed out that Airbnb (Airbnb is an online marketplace and hospitality service, enabling people to lease or rent short-term lodging including

The government launched a new policy document titled ‘V2025: A Country Enriched’ early this month. The launching event seemed to have been designed to attract the youth with choreographic acts in an ultra-modern stage setting. The few you

Lee Iococca, one of the greatest American CEOs of all time, said, “The speed of the boss is the speed of the team.”  He is absolutely right. 

President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe sat down together last week at the BMICH to answer questions from the public. It was a good show for the coalition government. But, ironically today people measure their leaders b

You’re most likely aware that you unconsciously ignore background noise at work, such as the soft drone of air conditioning fans. Your mind appears to tune out such noises so that you can get on with the work in hand. Although this skill is ess

The current female labour force participation in Sri Lanka is around 36 percent. This means that a disproportionate majority of women still remain outside the labour market, with limited or no access to wages, pensions and other benefits tied to gain

Because transactions are made in US dollars in international trade, the value of the rupee is measured against the US dollar. Any country engaged in importing and exporting activities has to buy US dollars for its transactions in the foreign exchange

The ultimate goal of socio-economic development is to improve people’s quality of life dependent on access to the basic needs such as food, safe drinking water, shelter, clothing, education and 

One of my clients – a leader of a medium-sized growing company – was emotionally agitated about the future of his company. I allowed him a little time to vent his anxiety and then I reminded him how great leaders look at the future, how t

The Sri Lanka Police presented its Annual Performance Report 2016 to parliament last week and it painted a dismal picture of the current state of affairs. The Sri Lanka Police reports that in 2016, it apprehended 388,722 kilogrammes of narcotics, a g

A defining question for many countries today is how to deliver the smartest transition possible to a clean energy economy. While no formula exists, one thing is clear: countries will benefit from thinking big from the start.

Sri Lankans are gifted with two psychological traits by birth and they are being emotional and also being jealous. At a time we celebrate 150 years of tea in Sri Lanka, it will be a worthwhile effort to view as to how these two traits have affected t

Sports lovers, particularly cricket fans, must be highly concerned about the unruly crowd behaviour at recent ODIs.