cnci achiever awards - 2015

/02: CNCI Achiever Awards 2015

- Flash Back

PAGE 03: Achiever Awards 2015

PAGE 04: Economic Performance

PAGE 05 : Importance of the Research &

Development

PAGE 06: Member’s Success Story

PAGE 07 : Why is Strategic Management

Needed?

PAGE 08 : EDUCATIONAL PRO-

GRAMMES/ SEMINAR / EXHIBITIONS

O F F I C E B E A R E R S O F C N C I

I N S I D E T H I S I S S U E :

Mr. Gamini Gunasekera - Chairman

Mr. Preethi Jayawardena - Immediate Past Chairman

Mr. Tissa Seneviratne - Deputy Chairman

Mr. Raja Hewabowala - Senior Vice Chairman

Mr. Ruwan Edirisinghe - Vice Chairman

Mr. Canisius Fernando - Vice Chairman

Mr. Sarath Perera - Vice Chairman

Mr.R.H. Moses - Hony. Treasurer

Mr. Abeyratne Muthugala - Secretary General

The Ceylon National Chamber of Industries Apt. No.20, First Floor, Galle Face Court –2 , Colombo 03, Sri Lanka

Phone: 00 9411 2452181 / 2339200/2331444 Fax: 00 9411 2331443

Email : [email protected] /[email protected] Web: www.cnci.biz / lk

CNCI Achiever Awards - 2015

I S S U E 2 3 S E P T E M B E R 2 0 1 5

CNCI Achiever Awards 2015 - Special District Awards

Award winners from Jaffna with Hon. Eran Wickramaratne, Deputy Minister of State

Enterprise Development with Mr. Gamini Gunasekara, Chairman CNCI (2nd from right)

&

Mr. Tissa Seneviratne, Deputy Chairman CNCI (2nd from left)

The CNCI Achiever Awards – 2015 for Industrial Excellence, one of the most colorful events

in the Chamber Calendar of Sri Lanka, was ceremonially held on 3rd September 2015 at the

Hotel Galadari with a gathering of approximately 500 participants representing all categories of

companies in the manufacturing and service sectors. The event was organized by the Ceylon

National Chamber of Industries (CNCI) for the 14th consecutive year in 2015. The Chief Guest

at the Awards Night was Hon. Eran Wickramaratne - Deputy Minister of State Enterprise De-

velopment and the Guests of Honour were His Excellency Tarik Ahsan - Bangaladesh High

Commissioner and Mr. Emanuel Salinas, Programme Leader - Growth & Competitiveness of

the world Bank

The award winners from Jaffna District attracted the attention of the audience for their success

being achieved after receiving peace for all and for their desired participation in contributing to

the national economy. The winners, representing the companies of Sairam Contractors,

ARK Printing Solution and Jana Civil Engineering Construction were awarded at the

Ceremony under the category of “Special District Awards”

C N C I N E W S B U L L E T I N SEPTEMBER 2015

CNCI ACHIEVER AWARDS - 2015 Flash Back


CNCI - TOP TEN AWARDS

The 14th year Awards presentation included the

popular CNCI Top Ten Awards for the companies

in the Extra large category and other national and

provincial awards/ for Micro, Small, Medium,

Large & Extra large Manufacturing and Service

Sector Enterprises.

One of the unique features witnessed was that

Malliban Biscuit Manufactories (Pvt) Ltd, the

popular & the leading Biscuit manufacturers and

Bopitiya Auto Enterprises winning the Crystal

Awards after wining consecutively Gold Award

three times in past three years. Maliban Biscuit

Manufactories contested under the Manufacturing

Sector Extra Large Category while Bopitiya Auto

Enterprises Contested under the Manufacturing

Sector Medium Category.

The Achiever Awards 2015 was well supported by

the Industrial Community. The leader in communi-

cation sector - Sri Lanka Telecom PLC was the

Main Sponsor for the 8th consecutive year while

Ceylinco General Insurance PLC Ltd was the Co-

Sponsor. National Savings Bank & Commercial

Bank of Ceylon PLC were the Award Sponsor and

Event Sponsors were Hatton National Bank &

Bank of Ceylon.

The Print media giant ANCL was the official press

media sponsor for the 14th time & the peoples

channel - ITN was the Electronic media sponsor

for the 7th consecutive year.

The Achiever Awards 2015 became one of the

most colorful events in Sri Lanka with the appre-

ciation of all contestants & participants and was

among the popular topics in the public news pa-

pers.

Maliban Biscuit Manufactures - Crystal Award Winner - Extra Large

Category - Manufacturing Sector

Bopitiya Auto Enterprises - Crystal Award Winner - Medium Category -

Manufacturing Sector

Economic Performance

E C O N O M I C I N D I C A T O R S - L A T E S T A V A I L A B L E

E X C H A N G E R A T E S - 2 0 1 5 . 0 9 . 3 0

Category June 2015

US $ Mn

June 2014

US $ Mn

Growth (%)

US $ Mn

Exports 944.1 985.7 (4.2)

Industrial Products - - -

Imports 1833.3 1439.4 13.5

Deficit in Trade A/C 689.2 (453.7) 51.9

Workers’ Remittances 629.6 585.1 7.6

Earnings from Tourism 183. 164.2(b) 11.9


Daily Exchange Rates

Currency Buying Rate (Rs.) Selling Rate (Rs.)

Dollar (USA) 138.81 143.41

Pound (UK) 209.53 217.99

Euro (EU) 155.16 162.11

Franc (Switzerland) 141.90 148.55

Dollar (Canada) 102.67 107.45

Dollar (Australia) 96.28 101.34

Dollar (Singapore) 96.85 101.08

Yen (Japan) 1.1524 1.2035

A company's research and development department plays an integral role in the life cycle of a product.

While the department usually is separate from sales, production and other divisions, the functions of these

areas are related and often require collaboration. A thorough understanding of the functions of the research

and development department allows you to maximize those duties at your small business, even if you don't

have a big department.

N E W P R O D U C T R E S E A R C H

Before a new product is developed, a research and development department conducts a thorough study to support the

project. The research phase includes determining product specifications, production costs and a production time line.

The research also is likely to include an evaluation of the need for the product before the design begins to ensure it is a

functional product that customers want to use.

N E W P R O D U C T D E V E L O P M E N T

The research paves the way for the development phase. This is the time when the new product is actually developed

based on the requirements and ideas created during the research phase. The developed product must meet the product

guidelines and any regulatory specifications.

E X I S T I N G P R O D U C T U P D A T E S

Existing products of the company also fall under the scope of research and development. The department regularly

evaluates the products offered by the company to ensure they are still functional. Potential changes or upgrades are

considered. In some cases, the research and development department is asked to resolve a problem with an existing

product that malfunctions or to find a new solution if the manufacturing process must change.

Q U A L I T Y C H E C K S

In many companies, the research and development team handles the quality checks on products created by the com-

pany. The department has an intimate knowledge of the requirements and specifications of a particular project. This

allows team members to ensure the products meet those standards so the company puts out quality products. If the

company also has a quality assurance team, it may collaborate with research and development on quality checks.

I N N O V A T I O N

The research and development team aids the company in staying competitive with others in the industry. The depart-

ment is able to research and analyze the products other businesses are creating, as well as the new trends within the

industry. This research aids the department in developing and updating the products created by the company. The team

helps direct the future of the company based on the information it provides and products it creates.

Source: http://smallbusiness.chron.com/


Importance of the Research & Development

Janashakthi Insurance showcased its

commitment towards recognising and re-

warding best of Sri Lanka's top exporters

at the recently concluded 23rd Annual

NCE Export Awards 2015 conducted by

the National Chamber of Exporters, Sri

Lanka's only private sector Chamber

which exclusively serves Sri Lankan Ex-

porters. NCE Export Awards is a key high-

light of the Sri Lankan annual business

calendar, attended by leading companies

of the export community.

“Janashakthi General Insurance is ex-

tremely pleased to pledge commitment to

continue its partnership with the National

Chamber of Exporters and to be part of

the country's most prestigious Exporters

Awards Ceremony as a sponsor,” said

Jude Fernando, Chief Executive Officer -

Janashakthi General Insurance Limited.

“Increased momentum in international trade and enhanced efforts across the globe to curb protectionism

by embracing trade liberalisation and free trade, should benefit Sri Lankan exporters in the longer run.

Nevertheless, international markets will be volatile and we at Janashakthi Insurance are mindful to the mul-

titude of risk factors and challenges our exporters will have to face when they expand and move into global

markets more aggressively. We recognise that our exporters will essentially require total peace of mind to

think strategically to develop their products and services into global brands. While our exporters take calcu-

lated risks to become global brand icons, we at Janashakthi Insurance as one of the leading general insur-

ers in Sri Lanka will strive to provide that essential total peace of mind our exporters would require” added

Jude Fernando.

Janashakthi Insurance is one of the leading and strongest general insurers in Sri Lanka and has an excep-

tional and unique claim settlement track record over its 22 year old history. With a sound knowledge and

understanding of local and international maritime laws and customs, Janashakthi has the strength and ex-

pertise to cover a customer’s insurance needs in the most cost-effective way.

M E M B E R ’ S S U C C E S S S T O R I E S

Janashakthi Honours Top Sri Lankan Exporters at NCE Annual Exporters Awards


Mr Basheer Ali, General Manager of Midas Safety Sri Lanka and Mr S N Hari, Deputy

General Manager of Midas Safety (Prime Polymers Division) receiving the certificate for

the Most Outstanding Exporter – Runner Up award from Mr Jude Fernando , CEO of

Janashakthi General Insurance Limited (Sponsor) in the presence of Mr P G Kumaras-

inghe Sirisena, Chairman - Sri Lanka Telecom and Mobitel (Main Sponsor), Guest of

Honour - His Excellency David Daly, Ambassador and Head of Delegation - Delegation

of the European Union to Sri Lanka and Maldives, Mr Sarada De Silva, President – NCE


JOIN US !!!

Be a member of the pioneering Industrial Chamber

in Sri Lanka

Join our corporate membership which exceeds 300

manufacturing and service organizations.

Advertise with US !!!

If you would like to advertise on your organiza-tion achievement in our members page, please

email to:

[email protected] / [email protected]

or contact Nilanthi or (Mr) Anushka on

Why Is Strategic Management Needed?

Most business owners want to make wise decisions, but they sometimes are at a loss of where to begin.

This is where strategic management comes into play. An important concept for business owners and man-

agers to grasp, strategic management entails evaluating business goals, objectives and plans in light of

your company focus on effectiveness and efficiency.

C O R P O R A T E G O V E R N A N C E

An effective organization is often one that has initiated programs and services within its structure that en-

sure open communication, good management and effective leadership. Without these hallmarks of corpo-

rate governance, it is difficult to manage strategically because the basic framework of goal-setting and deci-

sion-making are missing. Setting up a control and reporting mechanism is also important to strategic man-

agement as part of a wider corporate governance push. This allows the organization to make changes

when they are needed to constantly monitor its own progress.

C O R E C O M P E T E N C I E S

Strategic management can help your business to identify and capitalize on its core competencies -- things

within your business that you do best. As Edward Russell-Walling notes in his book "50 Management Ideas

You Really Need to Know," a core competency has three key factors: it is not easy for competitors to dupli-

cate, your business can use it in a number of different products or services and it provides a benefit to your

customers. For some companies, a core competency is the brand name: People buy the products simply

because they carry the organization's name, which is associated with quality and prestige. For others, the

core competency might be the cost of production. Whatever your core competencies are, Russell-Walling is

quick to note that most companies only have a few. If you think your business has strengths in multiple ar-

eas, it's important to get at the root of what causes these successes.

S E T T I N G G O A L S

Strategic management is vitally important even on the small scale within a business. However, strategic

management is difficult to accomplish without a clearly defined set of goals for the business' operation.

Knowing what your core competencies are is good from the standpoint of understanding your strengths in

the marketplace, but this also helps you to identify areas for improvement and set goals and objectives

based on those weaknesses. If you know, for instance, that your business is lagging behind in utilizing the

power of the Internet to sell its products, one of your goals can be to introduce an online trading platform

within the next six months. Importantly, the goals your business sets should be measurable, specific and

have a time frame attached to them. Setting goals in this way helps you to strategically position your busi-

ness for future success.

Source : http://smallbusiness.chron.com/

E D U C A T I O N A L P R O G R A M S / S E M I N A R S / E X H I B I T I O N S

International Exhibitions

IFTF—International Floriculture & Horticulture Trade Fair. 4 - 6 November 2015, Nether-

lands

Global Cleaner Production & Sustainable Consumption Conference. 1 - 4 November 2015,

Barcelona, Spain

ISES Solar World Congress 2015. 8 - 12 November, Daegu, Korea

Auto’ 15 - Indian Automobile Trade Fair. 24-27 December 2015, Pune

Local Exhibitions

“Infotel 2015” , 20,22 November 2015 at Ban-

daranayake Memorial International Conference

Hall (BMICH), Colombo

“Bio Diversity and Tourism” on 05,06 No-

vember 2015 at The Bandaranaike Memorial

International Conference Hall (BMICH), Co-

lombo

“South Asia Power Congress 2015” on 1,3

December 2015 at The Bandaranaike Memorial

International Conference Hall (BMICH), Co-

lombo


cnci achiever awards - 2015

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