MTI Consulting

There have been calls to ban Sri Lankan maids from going abroad. Emotionally, this is understandable, but logically and realistically consider the following as well: • We have 1.7 million Sri Lankans working abroad, remitting over $ 6.5 B and there about five million people (25% of our population) who depend on this. Also, it is this inflow that is helping to pay for the imports (the cars we drive in Colombo) and to ‘hold’ our currency at least where it is today. • The $ 6.5 B that these expat Sri Lankans remit is about four times what we earn from tea, 50% higher than what we earn from apparel (with relatively low value addition) • Most of the lower-end blue collar domestic helpers go for such jobs out of economic desperation. If not why would someone leave your family behind for two years and go abroad for job that pays you as little as $ 250 a month? We can all talk of morals and principals but I guess we have no clue of what it is to be in such a desperate state? • Yet, th...

The management of People’s Bank recently presented its five-year strategic plan for future growth to over 1,000 head office and branch network professionals, from different levels of the organisation. The plan ‘SP 16/20’ was formulated by MTI Consultants, in close collaboration with the staff of People’s Bank. The plan is based on MTI’s internationally acclaimed 8S Model and outlines key strategic initiatives that will help People’s Bank achieve its 2020 profitability targets and secure its position as the undisputed market leader in the financial services sector. Over the next five years, People’s Bank will continue to remain dedicated to empowering the people of Sri Lanka and as part of its mission the bank will continue to serve and meet the needs of its stakeholders including customers, owners, employees and society at large. At the presentation ceremony, MTI Consultants CEO Hilmy Cader officially handed over the first copy of ‘SP 16/20’ to People’s Bank Chairman Hemasiri Fern...

MTI Consulting initiated the five year Strategic Planning process for the Regional Development Bank (RDB), the largest development bank in Sri Lanka, with an interactive kick-off workshop session recently. This is the first of a series of consulting workshops in which MTI consultants guide and empower the bank’s team to participate in the Strategic Planning process and realize the Strategic Plan. The participants for the workshop represented a cross-section of the Bank, from business units to functional units from all regions. The objective of this full day workshop was to introduce the planning process for the development of the proposed five year Corporate Plan (2016 to 2020) At the commencement of the workshop, RDB Chairman Mr. Prasanna Premaratne addressed the participants and highlighted that RDB has more opportunities to tap into the rural sector development in Sri Lanka. MTI CEO, Mr. Hilmy Cader emphasized that for the strategic planning process using MTI’s 8S® model to be ...

Toyota Lanka, having successfully launched MTI’s Competency Model in Sri Lanka, plans to globally roll-out this model to its international network.  Speaking at the Sri Lanka Implementation Launch of the Toyota Framework based on MTI Competency Model, Mr. Shungo Yoshioka - Managing Director, Toyota Lanka had the following to say, “Today our HR framework has been accepted by many countries in the Toyota Tsusho Group and I’m glad to see when they speak of HR, they speak of Toyota Lanka”. “Toyota Lanka has always been a pioneer in HR practices and thought leadership within the Toyota international network. This is yet another example of Toyota’s pioneering HR initiatives, which was developed and fine-tuned over the last 18 months, with the active involvement of the entire senior management, covering all functions” said   Mr. Manohara Atukorala - COO/EO, Toyota Lanka. MTI took a hands-on approach in this project from the business environmental scan to listening to the ...

The People’s Bank, after a 6 month strategizing process in consultation with Bahrain-based MTI Consulting, have submitted the final draft of the 2020 strategic plan, for board approval. It was presented to the People’s Bank Chairman Mr. Hemasiri Fernando and the bank’s Board of Directors by MTI’s elite panel of financial services specialists comprising Saliya Rajakaruna, Manilka Fernando and Kumar Jayathilake, along with MTI’s Bahrain-based CEO Hilmy Cader. People’s Bank GM /CEO Mr. Vasantha Kumar and DGM Strategic Planning Ms. Chandani Werapitiya were at the presentation.

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 S...

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 Bangl...

MTI’s India Country Representative and member of the MTI Sri Lankan Board, Mr. Subash Bidare is to visit Sri Lanka on the 23 rd  of June, 2015 for a week long roadshow with top corporates to explore the market entry solutions to India.  The purpose behind his visit is to help Sri Lankan corporates take that leap across the Indian Ocean. And he intends to do so by demonstrating that the leap required is less daunting when broken down into basic steps. First understanding the potential of the Indian market for the Sri Lankan corporates / their products & services is important. Followed by envisaging and developing a clinical market entry strategy and implementing these strategies is the essence of making a successful entry to India. “India is a large market not just of consumers, but also a market of vendors, suppliers, support services and talent. Therefore there is no shortage of opportunities. However India can be seen as difficult with its myriad laws and regulation...

CIMA, the world's largest professional body of management accountants, in consultation with MTI Consulting has completed a multi-stakeholder study to fine-tune their Pakistan market strategy "CIMA opened its Pakistan office in 2009 with the intent of enhancing the professional and qualified management accountants, in a country that requires globally recognized professional bodies to support local talent. The entry of CIMA in to the professional education industry of Pakistan was with the strategic intent of gaining a greater share of its relatively large degree-driven market. This establishment also enabled CIMA to offer greater support to the existing members and students and create opportunities for the talented youth in the country" said Mr. Bradley Emerson Bradley Emerson, CIMA's Regional Director for Middle East, South Asia & North Africa “MTI has provided CIMA Pakistan with plenty of food for thought and strategic initiatives for each and every...

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...