Disclaimer : Author(s) have no interest or affiliation with any of the brands mentioned here other than academic curiosity. Last April (2018), brand valuation company, Brand Finance in partnership with the business magazine LMD unveiled the highly anticipated brand report. Among the report, there are "Most Valuable Brands" and "Most Loved Brands" rankings.Page 9 of the LMB Brands Annual 2018 ...
UK - Russell Group university courses are providing less than six hours a week face-to-face teaching – despite raking in fees of £9,250 per yearLeading university courses are providing less than six hours a week face-to-face teaching – despite charging fees of £9,250 per year.Elite institutions in the so-called Russell Group are raking in the equivalent of £300 a week ...
Hemas Holdings PLCHemas Group is a 63 year of corporate giant founded in 1948 by Sheikh Hasannally Esufally as Hemas (Drugs) Ltd. From this humble beginnings, Hemas has grown into a 37 billion rupee corporate empire with interests in pharmaceutical manufacturing and retail, hospitals, leisure, travel, transport and logistics and has a large FMCG operation. According to the CEOs report, ...
The 2018 brought new retail experiences to Sri Lankan consumer. Not only did a number of new players entered the organised retail space in Sri Lanka last year, two established players upped the ante by re-branding and revamping their stores. Most of these endeavors are going to be making the full impact this year. Here are some of the ...
The New Look - Cargills Food City Re-branded StoresArticle Written by Ruchi Gunewardene and Aliakber Alihussain of Brand Finance Lanka and published on Daily FT. Link to Original Article : here EDITED FOR CLARITY Sri Lanka's brick and mortar retail business is at a point of take-off as Fitch rating expects Sri Lanka’s grocery retail to grow in the middle ...
Each year roughly 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Almost none of them stop to unload cargo. The eight-year-old Hambantota port with almost no container traffic has become a prime example of what can go wrong for countries involved in President Xi Jinping’s ...
Ken Balendra is a giant in Sri Lanka's corporate world. He is one of the greatest among the corporate greats in this country. Even though he retired gracefully from the corporate arena after an illustrious career spanning decades, he is still actively serving his country. As a truly international Sri Lankan who has been invited to join the corporate boards ...
In our previous article we tried to identify some industries Sri Lankan millennials could be sending (or have already sent) to the grave. As always in the world of business, as certain industries fade away, new ones take their place or starts booming. We have tried to identify some industries millennial could be boosting due their life choices, attitudes and ...
Amazon.com's machine-learning specialists uncovered a big problem: their new recruiting engine did not like women.The team had been building computer programs since 2014 to review job applicants' resumes with the aim of mechanizing the search for top talent, five people familiar with the effort told Reuters.The company's experimental hiring tool used artificial intelligence to give job candidates scores ranging from ...
If you follow the western business press, you would have surely noticed that the so called "millennial generation" is gutting lots and lots of businesses hard-working folks have built with years of sweat. They have peculiar purchasing habits, lifestyles and preferences and with these they are supposedly decimating whole industries. It was not long ago when the CEO of the ...
Image Copyright : ft.lkIT industry leader, founder and CEO of 99X Technologies and former SLASSCOM Chairman Mano Sekaram, addressing the ‘Intellectually Inspired Sri Lanka 2030’forum recently, called on professionals and entrepreneurs to take the lead.“To me just one thing makes a difference… Ideas are cheap, execution is everything. Thomas Edison said Genius is 1% inspiration and 99% perspiration.” He said ...
The age old wisdom says that more holidays means workers are less productive and work does not get done. Sri Lanka is, according to some, the land of holidays. Corporate leaders in Sri Lanka often lament that the sheer number of holidays makes productivity gains really difficult. They regularly compare Sri Lanka with less public holiday countries like the United ...
This article is an edited version of "Why Successful Companies Usually Fail" from INSEAD knowledge portal. The original article can be accessed here.The annals of business history are replete with the names of once great companies that dominated an industry, only to lose pre-eminence and become shadows of their former selves or even disappear. Understanding why powerful companies fail ...
The jury is still out on the merits and demerits of the FTA Sri Lanka signed with Singapore. However, as it happens in most cases, the "out precious island under attack by foreigners" mentality can be seen by many comments, complaints and attacks made against the said FTA. The writer is not an expert in international trading or economics, an ...
As consumers increasingly turn to e-commerce for all their shopping needs, speedy fulfillment isn't just a "nice to have", it's the expectation of every online shopping experience. As a result, businesses have begun racing to develop new technologies and experimental supply chain models to increase parcel volume, expedite deliveries, and delight customers all while trying to cut costs. One of ...
Huawei P20 Pro - An Amazing Phone with a 40M, 3 Camera Setup with incredible low light performance (Not available in Trump land)Earlier this year, fueled in part by the U.S. government’s concerns over security and potential espionage, AT&T, Verizon, and Best Buy all backed out of deals to carry Huawei phones in their retail stores. This forced Huawei to ...
In January 2018, there were news reports that work has begun on the Digital Economy Strategy with the help of McKinsey. According to the reports at the time, the strategy document was to be made public in April 2018. However, it is mid September already and there is no sign of the strategy document. We at Colombo Business Blog ...
The Five Strategy Rules of Gates, Grove and JobsLook forward, reason backMake big bets, without betting the companyBuild platforms & ecosystems, not just productsExploit leverage & powerShape the company around your ‘personal anchor’1. Look Forward, Reason BackStrategy must be forward looking. Look towards the end game. and then reason back to the actions which produce the desired outcome.Bill Gates - ...
AI will transform Sales & Marketing - Not a question of IF? any more, but HOW?From sarcastic and brilliant Siri to Tesla’s self-driving cars to Google AI that can learn video games in mere hours, Artificial Intelligence is revolutionizing industries one by one. Just as the telephone a century ago changed business, and the personal computer and the internet have ...
![SHIPPING : Hambanthota Port - China's $1 Billion while elephant?? [from Bloomberg]](https://kottu.org/img/?q=85&src=https://1.bp.blogspot.com/-Uw4CX6TtpbA/Wt2d1sARf7I/AAAAAAAAOaI/7aRryNsVT0A0IBmMy0WJbjN7MOJvKwjxQCLcBGAs/s640/2.png)
