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Showing posts from 2014

PharmEvo appoints Country Manager via MTI Exec-Search

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MTI Consulting’s HRM Solutions has successfully completed an executive search assignment for Pakistan’s leading healthcare company PharmEvo Pvt. Ltd., by virtue of an appointment of a Country Manager for Sri Lanka in order to strengthen PharmEvo’s presence and business operations in the country. Incorporated in 1999, PharmEvo is a leading Pakistani healthcare company, involved in the creation, development, manufacture and marketing of pharmaceutical products. With over 1000 employees, PharmEvo aims to quickly become the leading pharmaceutical provider in Sri Lanka. The appointment of a Country Manager with considerable insight and expertise into the Sri Lankan pharmaceutical industry will now enable PharmEvo to strengthen their competitive abilities in the region and pre-emptively address market opportunities. MTI HRM Solutions is a subsidiary of MTI Consulting, with clients from across the globe, ranging diverse industries and sectors. It offers a full suite of HR...

MTI opines on CSR: ‘be good’ before ‘do good’

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By MTI Consulting – based on the keynote by MTI CEO Hilmy Cader at the Best Corporate Citizen Award organized by the Ceylon Chamber of Commerce It’s perhaps best for us reflect again on the importance of CSR, why we engage in it, the issues of its practice and how we can greatly improve on its scope for a better tomorrow. It’s no surprise that corporate greed is widespread. Though the definition of “corporate greed” may be quite contentious it is perhaps synonymous with the persistent linear drive for higher profits with no concern of the consequences, namely resource depletion and other various residual effects. Poverty Vs. ‘Powerty’ That’s why CSR is so important today. Closing the gap between poverty and “powerty” is pivotal in ensuring the bottom of the pyramid has a chance to begin scaling up to the top. With the increasing amount of organizations in Sri Lanka possessing a global reach - the resources, insights, capacity and efficiency they abundantly possess...

MTI poses 5 Strategic Questions for the Presidential Candidates

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As part of their continuous thought leadership initiative, the international strategy consultancy MTI, have identified the 5 most economically pressing strategic questions for the Presidential Candidates. ·          What really is our competitive advantage as a nation?  Which sectors should we focus on – given our capabilities and the global opportunities?  How can we align our entire ‘educational supply chain’ to enable this? (this requires radical structural changes) ·          How to improve national productivity?  This is only possible if we work on the competencies, culture, motivation and mind-set that is needed to engage and improve human performance. ·          How to ensure that national economic development that  permeates down to and ‘touches’ the bottom of the pyramid?  This requires Sri Lankan businesses t...

CIC selects MTI’s 8S® for strategic planning Follows successful re-structuring exercise

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CIC Holdings has selected MTI Consulting’s 8S® Strategic Planning Solution to facilitate the strategic planning exercises of its seven business units. In accordance to a pivotal re-structuring initiative completed during their previous financial year, CIC will focus on their seven key business domains, specifically Healthcare, Agro Chemicals, Industrial Chemicals, Fertilizer, Farms, Rice and Seeds. The management teams of each CIC business unit are currently undergoing a highly involved and extensive process of strategic planning in 8 stages (in compliance with the 8S® model) namely, Scope, Scan, Sights, Strategy, Structure, Staff, Systems and Sustainability / Social Responsibility. CIC Holding’s Managing Director/CEO Samantha Ranatunga commenting on the group’s exceptional performance to date stated, “I am pleased with the impressive financial results CIC has achieved in the first half of the year and strongly believe the ongoing strategic planning initiative...

Analytical Instruments strategizes Sri Lanka growth – retains MTI

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Analytical Instruments has acquired the expertise of MTI Consulting to develop their strategic plan for the next 10 years. The project kicked off on the 11 th of July and is at the initial stages of the strategy development exercise. MTI’s Bahrain-based CEO Hilmy Cader will be taking on the lead on this project given MTI’s  impressive credentials in Strategic Planning, both in Sri Lanka and the region. Analytical Instruments which was established in 1989, has grown exponentially over the years to become   a key supplier of latest technologies and products to diverse markets in the laboratory Industry of Medical, Analytical and Agriculture sectors in Sri Lanka, reliably and efficiently. Currently their portfolio includes quality branded products such as medical diagnostic products and reagents, high technology analytical equipment and instrumentation, animal husbandry products, general laboratory products, consumables and chemicals.  On 1 st January 2014 AIPL c...

“Shortage of CEOs to meet economic growth” MTI Exec-Search

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According to a recent regional study by MTI Executive Search, Sri Lanka’s specialist head hunter for CEO / senior managerial positions, the country is facing a shortage of CEOs to meet the rapid economic growth it is experiencing.  According to Darshan Singh, MTI’s Regional HR Consultant “It is not uncommon for fast emerging economies to encounter this syndrome, as we have seen in the last decade in markets as diverse as Indonesia, Turkey and Mauritius. However, the key is to work on proactive strategies to bridge this gap in a sustainable manner and be prepared for further economic acceleration”  MTI Executive Search has recommended 4 strategies to help Sri Lanka effectively meet its growing need for CEOs and senior managerial positions.  “Our corporate experience in Sri Lanka shows that we have a ‘pool’ young professionals in their mid to late 30s who are capable of stepping into CEO positions, however are being held back by a multitude of largely perce...

Link Natural retains MTI for internationalization

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Link Natural Products, one of Sri Lanka’s iconic R&D based herbal health care brands, has retained the services of MTI Consulting’s international network of Associates to aid in its process of internationalization. “Our fast growing product range includes Generic Ayurvedaic  pharmaceuticals, herbal healthcare and personal care products . With a range of over 200 products in the local market, Link Natural wants to further   expand its overseas markets with its signature brands like Samahan, Sudantha and Earth Essence” said Dr. Devapriya Nugawela, Chairman of Link Natural Products. “MTI’s international experience and network will be used to identify key markets that hold most potential for Link Natural Products, followed by a process of partner mapping and partner identification in the respective markets” said Hilmy Cader, Bahrain-based CEO of MTI Consulting Dr. Devapriya Nugawela, Chairman of Link Natural (2 nd  from right)  at the project launch with ...

MTD Walkers draws on MTI to strategize future direction

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MTD Walkers PLC, with its subsidiary companies, CML-MTD Construction, Northern Power Company, Walkers Piling and Walker Sons and Co. Engineers are engaged in multidisciplinary infrastructure activities locally and overseas. The Company’s high growth operations include large scale civil, mechanical and electrical engineering work, pile construction, power generation, manufacture of machinery for the plantations industry and building services. MTD Walkers PLC is a heritage firm, being the 7 th oldest company in Sri Lanka and has been in operation since 1854. Marking an extraordinary financial performance, the Company closed its 2014 financial year by quadrupling its revenue with a Compounded Annual Growth Rate (CAGR) of 40% since 2010, which is 413% in absolute growth over the last 5 years. MTD Walkers also reached the milestone of Rs.10 Billion revenue for year ending March 31 st 2014 and is projecting to maintain this revenue growth rate. Speaking at the Kick...