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Showing posts from March, 2024

03. Women Leaders in Sri Lankan Companies: Breaking Barriers and Shattering Glass Ceilings

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  1         Introduction The "glass ceiling" is becoming gradually broken down by female leaders, and Sri Lanka is not an exception to this worldwide trend (Canagarajah, et al., 2009) . In Sri Lanka's corporate sector, a number of aspiring and successful female leaders have established themselves, in spite of cultural and socioeconomic obstacles  (International Finance Corporation, 2019) . This report examines the status of women leaders in Sri Lankan companies and the strides they are making, underpinned by references. 2         Women's Presence in the Corporate Sector One of Sri Lanka's renowned and successful business women is Kasthuri Wilson Chellaraja. She currently serves as the Group CEO of Ceyline Group, one of Sri Lanka's top conglomerates with a diverse range of interests spanning the maritime and education services, pharmaceutical, and travel industries. She was the CEO of Hemas Holdings PLC ...

02. Empowering the Workforce: Unveiling Human Capital Trends and Practices in Sri Lanka's Top Companies

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1         Introduction In this age of technological disruption, characterized by the continued evolution of the world, competition has never been as tough as it is yet. Recently, successful corporations realised that the most valuable asset to business was not their physical infrastructure or financial capital, It is their human capital . Sri Lanka, currently a major player in the South Asian economy, is experiencing a successful evolution in its companies’ human capital vision.   Source (Taylor & Cappelli, 2024) 1.1        Understanding Human Capital Human Capital is an economic perspective of the knowledge, skills, and experience of the labor force. A company’s continued development is looking heavily reliant on the ability to manage and maximize its human capital  (Lassibille & Gómez, 2014) . It is intriguing that the corporate sector of Sri Lanka presents a shift towards enhancing human capi...

01. Advancing Gender Equality: A Review of Sri Lankan Companies' Efforts

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  1.           Introduction The ultimate objective of gender equality is to attain equal rights and privileges for men and women in terms of work opportunities, compensation, and treatment (Gunawardena, 2015) . Companies in Sri Lanka are increasingly incorporating gender equality into their business culture and regular operations   (International Finance Corporation, 2022) . This report offers suggestions and the strategies that are being used along with the companies that are leading the standard of excellence. 2.           Current Situation A recent report by the International Labour Organization, (2016)   draws attention to the pressing issue of Sri Lanka's high labour force participation rate (75%) for men and significantly lower rate (35%), which applies to women. Companies and organizations in Sri Lanka   are working hard to change this, despite the glaring pe...