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RDB launches Strategic planning process with MTI

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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 ...

Look beyond the export headlines - MTI

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MTI Consulting, based on their experience and thought leadership work in international trade strategizing,  have highlighted important export policy and governance issues that Sri Lanka should address. What is the bottom-line on exports? Sri Lanka’s measurement of exports is entirely based on revenue (essentially top-line) and does not measure the degree of value addition that would help determine export profitability to the country, as this is what Sri Lanka will eventually benefit from.  For instance, in the case of tea bags, the bagging machine, energy, paper, printing machines, printing inks and additional freight are mostly imported. With apparel too, there is a high import-input component.  Therefore, the focus needs to be on the net value-addition and not just the top-line.  Having a consistent national formula for sector-wise value-addition would help Sri Lanka to make more effective policy decisions. The export sectors must be told how much ‘value-addit...

Forget Marketing, focus on Value Creation - MTI CEO

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Delivering the key note speech at the CIM Future Marketer’s Conference , MTI Consulting CEO, Hilmy Cader inaugurated the session with two hard-hitting questions of whether there are sufficient marketers as CEOs and is marketing the most respected function. After the ‘target audience’ agreed that neither one of the questions can be answered satisfactorily, he continued to discourse the importance of ‘value creation’ by the marketers, since the profession is misunderstood and the scope is not appreciated.  His presentation was themed “Forget Marketing – Focus on Cross-Functional Value Creation, Drawing from his consulting experience, he emphasized on how marketing in many scenarios had failed to produce or effectively convey the business value creation made by marketing and that marketing was largely high on ‘silo impact.’ This established the game plan for the session which was to drive the thinking, in order to achieve career progression and respect for the future marketers. He ...

MTI CEO to deliver keynote at the CIM Future Marketer’s Conference 2015

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MTI Consulting’s CEO Hilmy Cader will be delivering the keynote at the 4th CIM Future Marketer’s Conference organized by the CIM SL region students committee, which is scheduled to be held on 26 th  September at the Kingsbury Hotel. This year’s conference is themed on “The new age marketer” and cover presentations of topics such as the power of consumer insights and engagement, adding value to an organization and the 2020 digital marketing mix followed by a panel discussion comprising of CIM study center specialists. “The role of Marketing and therefore Marketers in the new-age domains (like tech, telecom, travel, e-commerce, financial services, entertainment) is markedly different to the role marketers played in conventional FMCG domains.  Marketers are now challenged to find their role in these emerging domains” said Hilmy Cader. Hilmy Cader - MTI CEO

Toyota Lanka to globally roll-out MTI’s Competency Model

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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 ...

MTI proposes ‘Ground Zero’ process to restructure Cabinet

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MTI Consulting, over the last 18 years, have worked on organisational re-structuring projects across diverse public and private organisations in over 40 countries. In this feature, MTI applies their research, learnings and expertise to propose a ‘Ground Zero’ approach to re-structure the Sri Lankan Cabinet. Why apply a ‘Ground Zero’ model to the Sri Lankan Cabinet? The effectiveness of a Government is significantly determined by the way it is structured, starting with the scoping and segmentation of the ministries – because all other government institutions are structured based on this ‘super structure’. Governments tend to carry on with historical structures, with incremental portfolios added as and when the need arises e.g. technology, disaster management, national integration etc. or combining un-related portfolios (see inset 1) There has also been a tendency to create a plethora of micro focused responsibilities e.g. wild life, botanical gardens, private transpor...

People’s Bank finalizes 2020 strategic plan with MTI

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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.