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Showing posts from July, 2015
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According to a recent study by MTI Consulting (who are also currently studying the feasibility of it), crowd funding has the potential to propel the next generation Sri Lankan entrepreneurs into the global market, while also helping conventional industries and entrepreneurs to seek new vistas. Crowd funding is the process of attracting small amounts of capital from a large number of individuals to finance a new business venture ranging from product and service launches to movie development and travel sponsorships. However, as fledging industry, caution needs to be exercised – in a domain where regulation is still very fluid. Crowd-sourcing: As opposed to using internal employees or established services, crowdsourcing allows tapping into cloud labour and obtaining services, ideas or content on a more competitive basis. Emerging trends *In 2013, crowdfunding platforms raised billions of dollars – $ 5.1 billion, to be exact – a third of which went to social causes *The Crowdfunding Campaig…

EDB finalizes USAID-funded strategic plan with MTI

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Sri Lanka’s apex Trade Promotions Organization, the Sri Lanka Export Development Board (SLEDB), has just completed a 9 month long strategizing process with MTI, culminating with the final draft of the strategic plan for the EDB. Financial support to develop the EDB strategic plan was made possible through the USAID program, Facilitating Economic Growth in Sri Lanka, which was implemented by the International Executive Service Corps (IESC) through the Volunteers for Economic Growth Alliance (VEGA). The SLEDB is the country’s foremost state organization mandated for the promotion and development of exports. Performing the roles of Policy Advisor, Monitor, Promoter, Facilitator, and Knowledge Provider, the EDB‘s key role is to achieve the national export goals, and to increase the country’s export value of products and services. Mr. Bandula Egodage, Chairman and Chief Executive of the EDB stated, ‘I have no doubt that the development of this Strategic Plan, based on MTI’s internationall…

AMW completes Strategic Competency Assessment with MTI

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Associated Motorways (Private) Limited, Sri Lanka’s leading automobile conglomerate, has successfully concluded a consulting assignment with MTI, aimed at developing high-growth enabling management competencies based on AMW’s 3 to 5 year strategic direction.
Acquired by the Dubai-based Al-Futtaim group in mid-2008, AMW offers its customers the entire spectrum of transport solutions from motorcycles to large commercial trucks. AMW is the sole distributor for brands such as Nissan, Suzuki, Yamaha, Piaggio, Goodyear, BP and Castrol, Case New Holland, Dong Feng and Sonax with strong market shares within their respective segments.
“With the AMW Group experiencing high growth and plans to double the business in the next 4 years, we identified the need to enable our senior management with strategy formulation and implementation competencies. The project with MTI has helped AMW to benchmark the functional best practices across the full suite of business management competencies” said Samantha Ra…

Dialog Awards retains MTI for 4th consecutive year

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Dialog, Sri Lanka’s leading mobile operator, successfully concluded its annual employee recognition program for 2014 with MTI Consultingbeing retained as the independent judging partner. Operating within one of the most competitive industries, the awards program seeks to identify and reward Dialog’s individual and team achievements, vital to the year’s business performance. Having encountered tremendous growth since its inception in 1995, Dialog has grown to become one of the most prominent telecom and technology companies in Sri Lanka, building a SLR 63 billion business in the process. Keeping true to its vision of “The Future, today,” Dialog has also excelled in introducing the latest innovative mobile technologies within the country. With an employee base of 3000+ serving over 8 million customers, Dialog is constantly looking for newer ways to improve its HRM function and ensure its workforce remains motivated. It is in this context that the unique awards program lasting over 2 mon…

RDB selects MTI for Corporate Planning – to strengthen rural economy

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Regional Development Bank (RDB) - the largest development bank in the country, has selected international boutique consultancy – MTI, to research and develop its five year Corporate Plan (2016 – 2020) with the view of further strengthening the rural economy of Sri Lanka. RDB is established with the primary objective of improving living standards of the rural masses and is currently serving over 5 million customers through an island-wide network of 266 branches and 19 district offices administrated via 7 provincial offices. Mr. T. A. Ariyapala, the General Manager / CEO of RDB stated “The Corporate Plan, developed based on MTI’s internationally acclaimed 8S® Model will strategize and direct RDB to reach new heights. The key focus would be on creating a customer centric and performance oriented culture while tapping into new opportunities in the rural economy. The process with MTI will include defining the scope for RDB, an intensive scan of the internal and external environment, setting …

MTI strengthens Sri Lanka board with international appointees

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MTI Consulting Sri Lanka, with a view on related business diversifications,  has strengthened its Board of Directors with 4 new international appointments in the capacity of Non-Executive Directors.
Darshan Singh is the Bahrain-based Senior International Consultant for the Middle East and African region, spearheading MTI’s HRM advisory practice. Darshan counts over 25 years of HRM experience working with the likes of Coca-Cola, Mars Corporation and lately in banking with the Gulf International Bank and BIBF.
Jason Cordier is the Korea-based MTI Representative and Associate for the Far East.   Jason previously served as MTI’s Country Manager for Pakistan and then Bahrain, before moving Korea. Jason brings a blend of consulting and academic experience from China, Far East and New Zealand where he comes from.
Saima Mazhar is MTI’s Country Manager and Director of MTI Bangladesh and has been instrumental in setting up and managing the Bangladesh operations over the last 10 years. Saima has le…