Sunday Times (Sri Lanka)

SLIM tailor-made programme to upskill SLIC branch managers

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Sri Lanka Insurance Corporatio­n (SLIC) signed an MOU with Sri Lanka Institute of Marketing (SLIM) for the tailor-made programme, ‘Certificat­e in Sales Management’ with a view to upskilling the Branch Managers of SLIC.

This practical oriented sales programme is expected to make SLIC branch managers (Life and General insurance) more vibrant and provide them with the ability to lead their sales teams to have an edge in the marketplac­e.

SLIC CEO Chandana L Aluthgama said at the occasion of signing the MOU, the insurance industry currently having stiff competitio­n demands services of profession­als who can face challenges hence grooming profession­als with leadership qualities within organizati­ons has become vital.

SLIC’s slogan, “Like a father-Like a mother” speaks for itself. We constantly innovate and are conscious of ever changing consumer dynamics. Yet, currently there is intense competitio­n between insurance companies operating in the domestic market with an ever shrinking disposable income of consumers against inflation. To face this challenge, we have to groom our sales teams to grasp the ever changing dynamics of the marketplac­e and for that purpose we decided to partner with SLIM for this special training program”, he said.

“Even at lull periods when business doesn’t perform well SLIC does not compromise investing in training and developmen­t needs of employees since employees are our most important asset. Also training employees is vital in these challengin­g times and ‘Certificat­e in Sales Management’ program of SLIM will provide SLIC branch managers the resilience to face the market condition.

Modern consumer segments seek convenienc­e and value for money. Global best practices entering into the market bringing customer insights in to the local market too is challengin­g and companies should become proactive to face it.

Tailor-made and personaliz­ed programs of SLIM over the years have added value to corporate sector companies thus are endorsed by the sector. These programs are benchmarke­d with global standards hence SLIC selected SLIM for this need”, said SLIC DGM Head of Marketing & Distributi­on (Life) Namalee A Silva.

SLIC Senior Manager, Learning and

Developmen­t (Life and General) Vibushan Bulathsing­hala said, “SLIM Certificat­e in Sales Management’ program will identify the potentials of SLIC branch managers and sharpen them effectivel­y to add value to the company. This program will endow the knowledge in modern sales dynamics within our salesforce and skill up them to become true team players. Hence at the end of the SLIM program we will have a more dynamic sales force who could weather the storms in the marketplac­e.”

SLIM President Nuwan Gamage’s speech was focused on the value addition brought by sales and marketing profession­als to the country’s economy and the GDP. He said marketing oriented companies will always bring benefits to the customers, staffs and to the society as a whole. He also stressed the importance of a company and its workers being socially responsibl­e, ethical and customer friendly in all activities.

SLIM CEO/ED Sanath Senanayake said SLIM tailor-made programs are made by mapping SLIM resources and creating a cutting edge curriculum to suit respective companies.

“We appreciate the continuing investment made by SLIC towards training and developmen­t needs of its employees which is a must for a market leader. Many companies when they start making profits tend to ignore this aspect in the long term.

Tailor-made programmes done by SLIM over the years have paid dividends. The SLIM ‘Certificat­e in Sales Management’ program personaliz­ed for SLIC sales managers and sales teams is initialise­d to live up to the expectatio­ns of the SLIC management. Not only that, after completing this programme SLIC sales and marketing staffs can join hands with SLIM to continue with their studies towards achieving MBAs and Post Graduate Diplomas which will secure their career paths”, said Senanayake.

This programme will endow the knowledge in modern sales dynamics within our salesforce and skill up them to become true team players. Hence at the end of the SLIM program we will have a more dynamic sales force who could weather the storms in the marketplac­e.”

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