MTD Walkers draws on MTI to strategize future direction



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 7th 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 31st 2014 and is projecting to maintain this revenue growth rate.

Speaking at the Kickoff Session, Group Executive Deputy Chairman of MTD Walkers PLC, Mr. Jehan Amaratunga said:
“The economic growth and increase in investments will continue to drive the construction sector as a whole. The sustained investment in large infrastructure projects will continue to drive revenue growth for us and we expect to leverage on our strength as the only infrastructure developer able to perform the entire spectrum of infrastructure development activities to continue beating the industry growth numbers.
We have forged ambitious growth plans, and to realize these plans, we need to operate with a holistic view of projects and align the organization to maximize the profit conversion of this spectacular revenue growth. The creation of shareholder wealth through this programme and other initiatives already underway will reflect on our share price over the next few quarters. He elaborated that MTD Walkers PLC is pleased to work with MTI Consulting and MTI’s Bahrain-based CEO Hilmy Cader who have impressive credentials in Strategic Planning, both in Sri Lanka and the region.”

This strategic planning exercise which is based on MTI’s 8S® Strategizing Model, was presented by Mr. Hilmy Cader to the Senior Management of MTD Walkers PLC during the Kickoff session held at Taj Samudra Hotel, Colombo  last week.  MTI's 8S® Model is a robust framework that has been used in over 25 countries, across diverse industries. This framework starts with identifying the Scope of the business, Scanning the operating environment, setting the Sights for the business and formulating Strategies that extends to Systems, Structure, Social Responsibility and Staff.

MTI Consulting is an international management consultancy, with operations across Asia & the Middle East and networked across the America, Africa and Europe. Since 1997, MTI has delivered over 400 projects in 40 countries, applying MTI’s ‘Analyze > Strategize > Realize’ approach. MTI Consulting has expertise across various business functions and business value chain segments. MTI consulting’s practice consists of core Business Strategy expertise augmented by expertise in Corporate Finance, Human Resource Management, Market Research and Technology.

 

Jehan Amaratunga, Deputy Chairman MTD Walkers (2nd from right)  with Hilmy Cader, MTI’s Bahrain-based CEO (3rd from right)– with the MTD Walker and MTI project team
 



Comments

Post a Comment

Popular posts from this blog

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 crea
Read more

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 Strate
Read more

Analytical Instruments strategizes Sri Lanka growth – retains MTI

Image
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 celebrated 25 years
Read more