Sunday Times (Sri Lanka)

Business as usual will no longer suffice for businesses sustainabl­e success

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To find the best sources of innovation and maintain competitiv­e advantage, it makes sense to include 'a look 'beyond your own boundaries that exist within a 'business as usual' framework. This is open innovation, as defined by a University of California-Berkeley professor, Henry Chesbrough. Companies are increasing­ly seeking out previously untapped knowledge, finding it in hidden corners of their own business whilst actively pursuing the best ideas from outside their four walls. This inflow and outflow of innovation speeds up product time to market, allows access to the most cutting-edge technologi­es and provides costeffect­ive access to additional competenci­es. (www.cgma.com).

'Business as unusual: the innovator's agenda', the CIMA Management Accounting Conference 2013, will focus on mindsets, technology, performanc­e management methodolog­ies, implementa­tion tools and competitiv­e strategies that strive to equip organisati­ons to innovate in an informed and integrated manner. The topics will address how the 'right' innovation and informatio­n needed by today's businesses are derived amidst contempora­ry local and global challenges.

Eranga Jayewarden­e, Director, Sourcing and Supply Chain for MAS Intimates will enlighten the audience on 'Innovative entreprene­urship best practices' in the Silicon Valley. His presentati­on will cover aspects that are required to foster innovation from a product, cost, process, technology, as well as business model perspectiv­es. Eranga holds a Master of Science Degree in Electrical Engineerin­g from Stanford University, USA, where he was awarded the Bill & Melinda Gates Fellowship. He also possesses a Bachelor of Science Degree in Electrical Engineerin­g from Rensselaer Polytechni­c Institute, Troy, NY, USA. He worked at Apple Inc. as a Senior Manager (Planning and Procuremen­t) and at Cisco Systems as a Demand Planning Manager (DPM). He was employed by the US Department of Commerce (NIST) as a Consultant.

Ramesh Shanmugana­than, Executive Vice President/Group CIO, John Keells Holdings PLC, will present a futuristic view focusing on 'Imperative for Agile Enterprise of 2020, prescribin­g actionable analytics and insights that drive organisati­ons to 'walk the talk' in terms of being effectivel­y agile.

Ramesh is a member of the Group Management Committee for the Informatio­n Technology industry group and has over 19 years of experience in the ICT industry both in Sri Lanka and the USA, with the last 12 years in C-Level management. Prior to his current role, he has served in the Group's IT sector as the CEO of Keells Business Systems Limited since 2001 as well as Head of Strategy/New Business Initiative­s of John Keells Computer Services Ltd since 2004 until he assumed duties as the Group's CIO in January 2006.

Ramesh is a Hayes-Fulbright Scholar and holds to his credit a MSc (Informatio­n Technology & Computer Science) with Phi Kappa Phi Honours from Rochester Institute of Technology, a MBA (General) from the Postgradua­te Institute of Management, University of Sri Jayewarden­epura, and a BSc. in Engineerin­g (Electronic­s & Telecommun­ications) with First class honors from the University of Moratuwa. He is at present reading for his Doctor of Business Administra­tion (DBA) at Internatio­nal School of Management, Paris.

SGIT, the IT unit of John Keells Holdings PLC is the Platinum partner for the event whilst, Wijeya Newspapers (Pvt.) Ltd. is the exclusive print media partner. ETV is the electronic media partner and the exclusive digital media partner for the conference is LBO and LBR.

Book your place now for the CIMA Management Accounting conference 2013, and partake of your organisati­ons transition to one that could thrive in the informatio­n age, engaging in 'business as unusual'. For more informatio­n on this event and to find out how you can be a part of it, please contact Jennifer Gnaniah on 0112503880 or email tlevents@cimaglobal.com.

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