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EDEX Chairman Mr Kamal Abeysinghe & Director IT & Web, Mr Sampath Jayasundara, CEO hSenid Biz were on YES FM this morning. Listen to the full interview here to find out how you could get the best out of EDEX Expo 2014 this weekend.
The three-day workshop on strategic leadership by the world’s number one custom executive education provider, Duke CE, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) concluded successfully recently with representatives from top corporates taking part in the intensive program.
Representatives from leading private and public organisations including Commercial Bank, SLT, DIMO and the Central Bank took part in the program on ‘Strategic Leadership: Leading Effective Execution in Uncertain Times,’ which was conducted by two leading foreign experts on strategy, Dr. Liz Mellon and Prof. Nikhil Raval.
During the program, Dr. Mellon and Prof. Raval edified participants on how to transform strategy into action, inspire teams to effectively execute strategy, build an organisation-wide structure for implementing strategy, overcome the strategic challenges that arise in current turbulent business climates, close the gap between strategy and execution, transform a firm from a ‘can’t do’ attitude to a ‘can do’ culture and recognise and avoid the inertia that impedes strategy execution.The high profile participants list included top corporate leaders, senior professionals and project managers.
The first ever smart card for a Sri Lankan workforce is fitted with no less than NFC touch technology; yet another new leap in electronic payments in Sri Lanka. The state sector outlay for the initiative is a surprisingly minimal $ 7600.
“I am pleased that our hard work of past several months to finalise this smart card has shown good results, with the lowest costs. We thank our partners Channel 17 and Mobitel. It is time we compensate our workforce well and we are starting with the workforce that makes Sri Lanka a global brand; Sri Lanka apparel employees,” said Minister of Industry and Commerce Rishad Bathiudeen on 29 October in Colombo.
Minister Bathiudeen was addressing the special meeting held at his Ministry on 29 October with his top officials including Secretary, Ministry of Industry and Commerce Anura Siriwardena, apparel sector reps and other stakeholders to acknowledge and inspect the “Pranama Smart Card”; the Privilege card for Sri Lanka’s 350,000 strong apparel workforce of all ranks, jointly by the Ministry of Industry and Commerce, Channel 17, and Mobitel.
The card initially will enlist 16 private merchants-such as Singer, Unilever, Cargills, Mobitel, DSI, Abans, Sampath Bank, NoLimit, Hutch, Delmege, TVS, MRF Tyres, Rainco, Anton and ICL, among others, to give special rates on their products and services to 350000 strong apparel workforce here.
Upon producing the card at any of these merchant’s retail stores/sales points, the apparel employee becomes entitled to additional discounts and bargains (ranging from 2% to 15%) on top of the already declared/advertised discounts or rates by the merchant for the general consumer market.
For example, at Sampath Bank, card holding apparel employees would be given 1% extra interest on their savings in addition to the prevailing rates made available to regular customers, 10% additional discounts by Ceylinco Insurance in addition to rates of regular consumers, and 7.5% additional discount for shoes at DSI.
The card will use the advanced closed-system of Near Field Communication (NFC) technology by Mobitel, in that the transaction takes place as soon as the card touches the surface of the Point of Sale (POS) Terminal of the vendor/supermarket. The closed-system NFC platform for this card is provided by Mobitel.
“We have secured agreements with the first 16 merchants for the next three years and we will expand this number later on. The card can support the most frequent consumer need in terms of day-to-day shopping and FMCG needs of the apparel employees.
“The benefits of the card are not limited to the card holding apparel employee only. It can be used by all members of the family. The pilot project involving 10,000 apparel employees of all ranks is now scheduled to start in mid-November in five selected apparel firms in Kandy and Kurunegala Districts.
“After testing is over, we expect to equip the entire 350,000 apparel workforce of the country with the final version of Pranama Privilege Card by November 2014. We thank the Ministry of Industry and Commerce and the Minister as well as Mobitel for their partnership in this,” said the developer of the project Jumar Preena who is also the CEO of Channel 17, a fully integrated marcom agency in Colombo.
The apparel sector immediately lauded praise on Minister Bathiudeen. “We thank you for the on-going leadership and encouragement to finish this project and at this level of technology,” Secretary-General of JAAF Tuli Cooray said, addressing Minister Bathiudeen.
“As a result, today we are able to introduce the first workforce discount card in the country,” Cooray stressed.