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Updates from the CMI Sri Lanka Board

Chartered Management Institute

Being servant leaders as Chartered Managers In an opinion piece in the Daily FT , Ajantha Dharmasiri CMgr FCMI, president of CMI Sri Lanka , reflects on a successful year and assures that CMI Sri Lanka will continue to facilitate the processes of up-skilling, multi-skilling, and re-skilling managers. Read it here.

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HP Headed to Hotel California?

Women on Business

The HP Board of Directors has to be focused on prevention and good business practices to build a long term strategy. Having a reactive board is not good enough for a company as recognizable as HP. that focuses on customers and innovation. HP Has Decreasing Product Quality.

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Performance Measurement

Strategy Driven

Value: The Four Cornerstones of Corporate Finance by Tim Koller. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Discusses the four foundational principles of corporate finance.

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6 Tips for Financial Security After You Retire

Strategy Driven

Consult Professionals Navigating the complexities of retirement finances is challenging to do alone. A reputable advisor will assess your current finances, future goals, risk tolerance, and potential medical needs to create a customized retirement roadmap. Pay Off Debt Entering retirement with no debt is the ideal scenario.

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Six Fundamentals Every Entrepreneur Needs to Succeed

Harvard Business Review

Your projections for the business should not be wildly optimistic so you can manage your expectations and those of any partners. Plan for a realistic amount of sales and interest so you can conservatively manage your finances. Getaroom stands out because it presents a new model for hotel room booking.

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The Best Way to Defuse Your Stress

Harvard Business Review

What will happen if the company doesn’t get its financing? Many of us try to manage or ignore our stress. There’s a better solution: Don’t try to manage your stress. But do so on your terms. I held it together long enough to drop them off at our apartment. Physically releasing the stress on your terms helps.

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How to Use Temptation to Strengthen Your Willpower

Harvard Business Review

I was running a leadership offsite at The Allison Inn and Spa in Oregon — one of my favorite hotels — and the food, as always, was exquisite. There's a term in psychology for this disappointment: The Hedonic Treadmill. I look forward to dinner well before I arrive at the hotel. Need to micro-manage less?

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