Posts

Bakamuna to launch Pop-up Store incubated by MTI’s idea2fund

Image
Bakamuna’s first ever Pop-up Store will be hosted by the Hilton Colombo from 23 June till 1 July. The lifestyle store is an exciting launch for Bakamuna, a mixed media lifestyle brand powered by MTI’s idea2fund for aspiring entrepreneurs.

Having launched early last year, Bakamuna has been steadily making a name for themselves in the design and lifestyle space. Looking to further their retail reach through a spin-off chain of Bakamuna Pop-up Stores, the young and creative company approached the Hilton Colombo.

Hilton Colombo General Manager Manesh Fernando said: “It is our pleasure to partner with Bakamuna on this initiative and to be able to play our part in supporting and enabling the startup ecosystem in Sri Lanka through our professional service and business facilities. We see a lot of potential in this unique and daring brand and we look forward to support their future ventures.”

Hilton Colombo has continued to support idea2fund since 2016. ‘idea2fund’ is a year round venture compet…

Dialog Awards enabled by MTI’s independent judging for 7th year

Image
016 Dialog completed its seventh consecutive annual employee recognition awards with MTI Consulting as the independent facilitator and playing the lead role in the judging panel.

Since the very first Dialog Awards held in 2011, Dialog has worked alongside MTI Consulting to identify, motivate and recognise Dialog’s employees who have been untiringly working to explore innovative technology solutions for Sri Lankan people and enterprises.



“Once again, Dialog and MTI have together successfully completed Dialog Awards 2017 which recognised the exceptional leaders and teams based on their performance during the past one year,” stated Dialog Axiata PLC Group CEO Supun Weerasinghe. He further stated: “Year on year, MTI Consulting has been retained to evaluate the submissions, whilst reinventing the awarding criteria and serving as an independent judging partner.”

“Dialog Awards, a significant initiative by MTI HRM Solutions which is a subsidiary of MTI Consulting, is one of the most comprehen…

MTI accepts Cryptocurrency for project with New Zealand Blockchain Startup

Image
New Zealand based blockchain startup ‘Redeem’ (www.redeem.global) recently obtained advisory from MTI Consulting to refine their investment pitch. Acknowledging the evolving cryptocurrency market, MTI will also accept part of its consultancy fee in the form of Redeem’s cryptocurrency, making MTI among the pioneers in international consulting to do so.
Redeem (RDM) is a (physically located) gold standard retail banking system and a blockchain that uses pre-existing international metal vendors as agents to convert digital assets into physical assets such as precious metals, fiat currencies and 24 karat jewelries. Their cryptocurrency RDM, is backed by 10 precious metals such as Gold, Silver, Platinum and Palladium to name a few, providing a stable coin to protect investors from currency volatility which is a weakness in most of the existing currencies such as Bitcoin.
Redeem’s CEO Mr. Jarrod Cordier said, “Redeem is here to revolutionize the global commodity trading market through its…

Carbon Consulting wins Green World Award for Eswaran Brothers

Image
The Carbon Consulting Company (with MTI as a Strategic Equity Partner) and its long term client, one of the world’s most awarded sustainable tea companies  - Eswaran Brothers  Exports celebrated another outstanding joint achievement when Eswaran Brothers Exports was awarded GLOBAL GOLD WINNER:in the Food and Drink category  of the Green World Awards. These awards have become one of the world’s most prestigious recognitions for companies, organizations, and governments championing for a greener future.
This new accolade comes to the company as a result of the extensive work carried out by CCC in creating a strategic sustainability road map for the entire Eswaran group of  companies,  and establishing concrete milestones along the journey.  Already certified as the World’s First CarbonNeutral® Tea company, Eswaran Brothers has continued to push the boundaries in the areas of product and organizational Water footprinting, Supply Chain Water and Bio Diversity assessment and creating a c…

People’s Bank to implement MTI-enabled HRM Framework

Image
N. Vasantha Kumar - Chief Executive Officer and General Manager, Hilmy Cader – CEO MTI Consulting with S. A. R. S. Samaraweera – Deputy General Manager of HR and Rajika Sangakkara - MTI’s Project Engagement Lead. People’s Bank is set to execute a Scientific Capacity Planning Study linked to Career and Succession Planning and a Two Way Performance Appraisals Mechanism, which was facilitated by MTI Consulting with the main objective of realigning the HR systems and appraisal process of the bank. Chief Executive Officer and General Manager of People’s Bank, N. Vasantha Kumar stated: “MTI worked closely with People’s Bank in developing the Strategic Plan in 2015, and are very acquainted with the challenges faced by the Bank and its employees, relating in particular to customer service quality and human resources management. The intended study is a result of the outcome of the Bank’s Strategic Plan, which will lead to the implementation of two of the most important Strategic Initiatives i…

Tough times? ‘Trim & Fit’ or ‘Chop & Cripple’?: MTI

Image
The Sri Lankan economy, after a period of post-war growth, is showing signs of cooling down. The depreciating rupee and recent fuel price hikes and its ‘snowballing’ effect on cost of living is bound to impact consumer sentiment and spending, business investments and the demand for credit. The natural tendency of many businesses would be to start cutting costs and freeze development initiatives.
Research and MTI’s international experience, clearly shows that, the way in which companies respond to tough times, is what separates the ‘living’ from the ‘departed’. Most organisations tend to indiscriminately cut costs, freeze all forms of developmental work and adopt a ‘wait & see’ approach. We call them the ‘Chop & Cripple’ companies.

By contrast, the Smarter Companies (we call them ‘Trim & Fit’ companies), while being prudently cautious, uses the crisis period as an opportunity to critically evaluate every aspect of its Strategy, Structure, Staff and Systems, challenging eve…

MTI in Addis Ababa to strengthen ties with Ethiopian Associate

Image
The MTI International Team led by CEO Hilmy Cader and Consultant Darshan Singh are currently in Addis Ababa, as part of an initiative to strengthen ties with BCaD Consulting, MTI’s Associate in the second most populous African country.

Commenting on the significance of the visit, MTI CEO Hilmy Cader said, “Our international go-to-market business model has been to work with boutique independent consultants in these emerging and frontier market. With a population of 105 million people and an economy growing in excess of 9%, Ethiopia is geographically well-positioned to serve the fast growing East African region. Our experience in frontier markets gives us an edge in serving the public and private sectors in Ethiopia.”

MTI Consulting has worked on assignments across emerging and frontier markets in Asian, Middle East and African regions, which include projects carried for multi-national and regional companies and agencies in Algeria, Bangladesh, Cambodia, Egypt, Indonesia, Jordon, Iran,…