Business
SLIC partners with KPMG Sri Lanka, a global network of member firms, to conduct a company-wide ‘Competency Mapping’ exercise
The nation’s largest and strongest insurer, Sri Lanka Insurance recently teamed up with KPMG – one of the most respected business consulting firms in Sri Lanka to hand over the final report on the company-wide ‘Competency Matrix’ covering all job positions of the company. The Final Report was exchanged between the Chairman of SLIC, Ronald C. Perera, PC and Partner, Advisory – Head of Management Consulting of KPMG, Sri Lanka, Ms. Kamaya Perera recently at the SLIC Head Office.
‘Competency Mapping’ is a proven best practice that aims at identifying specific knowledge, skills, abilities, and behaviors required by individuals to operate effectively in a specific trade, profession, or a job position. Competency Mapping enables organizations to craft competency-based job roles that model successful employee performance, ensuring higher productivity and better resource optimization while facilitating structured recruitment and career development programs.
Being a progressive player in the realm of insurance in this region, SLIC consistently strives to embrace best practices in management that can create stakeholder value, propel productivity, and help achieve organizational goals, leading to successful business outcomes, in keeping with the envisaged strategic objectives of the company.
“As a respected corporate entity with a long history of progressive approaches to business management, we consistently look to align with international standards and develop resilience and efficiency to achieve our goals and create sustainable values for all stakeholders. Adopting the Competency Mapping approach will be integral to our growth, especially in these challenging times,” said Chandana L Aluthgama, CEO of Sri Lanka Insurance.
By undertaking a comprehensive competency mapping exercise, the company aims at assisting both the management and employees to identify the core competencies and attributes required by the job holder with a view to bridging these ‘knowledge gaps’ through subsequent training and development initiatives.
The proposed ‘Competency Mapping’ exercise would lead to a well-defined competency matrix that sets clear benchmarks for the skills, attributes and knowledge-related aspects required by the employees of SLIC covering each job position and department that could promote the value-centric, performance-driven culture of the company while helping to streamline business operations, improve productivity and shape the people management strategy of the company.
As part of SLIC’s efforts to plan and scale its manpower requirements in a more prudent and systematic manner, arrangements are already underway to carry out a Work Study assignment (assignment) covering all Departments at the Head Office and two selected model branches in collaboration with KPMG in early 2023.
KPMG has been shortlisted for the proposed assignment through a comprehensive procurement procedure in keeping with the established government procurement guidelines where emphasis was paid to their expertise in the field of management consulting, particularly KPMG’s proven track-record in delivering holistic, integrated and solutions-based consulting outcomes that could help SLIC to realize strategic endeavours.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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