Case Studies in Economic Survival : Experiences from Sri Lanka / Sumudu Senani Perera.

Format:

Book

Author/Creator:

Senani Perera, Sumudu, author.

Series:

Economic issues, problems and perspectives series.

Economic Issues, Problems and Perspectives Series

Language:

English

Subjects (All):

Sri Lanka--Economic conditions.

Sri Lanka.

Physical Description:

1 online resource (158 pages)

Edition:

First edition.

Place of Publication:

New York : Nova Science Publishers, [2023]

Summary:

"This 'Case Studies in Economic Survival: Experiences from Sri Lanka' is the product of the Business Forum, one of the main events featuring under the 19th International Conference on Business Management (ICBM) - 2022 organized by the Faculty of Management Studies and Commerce (FMSC) of the University of Sri Jayewardenepura in Sri Lanka. The purpose of publishing Case Studies in this nature is to help people learn the body of knowledge we call management and then apply it to their business organizations. The book is arranged in a logical sequence of case studies that continually builds on and connects with the chosen theoretical perspectives. This book also creates a platform to a meaningful partnership between the academia and the industry to support the growth of the next generation of businesses and their leaders. It has been kept to a reasonable length with seven stories of different organizations that have been connected into a cohesive body of knowledge. These stories typically provide wide-ranging evidence about the business situations in question, the problems encountered in the pandemic, how they were approached, and to what results. The ICBM 2022 in the University of Sri Jayewardenepura in Sri Lanka makes history by launching this case study book exposing resilient organizations in Sri Lanka that surmounted challenges posed by the COVID-19 pandemic. Consistent with the pertinent theme of the ICBM 2022 conference, "Equitable Recovery Amidst Economic Crisis: Post-Pandemic Challenges and the Way Forward", we initiated writing of the 'Case Studies in Economic Survival: Experiences from Sri Lanka' as a collaborative endeavor by the academia and the industry. These meticulously and scholastically developed case studies fill the gap hitherto left by the dearth of case studies carried out in the Sri Lankan context. Professionals in different fields may use case studies as part of their research into various issues of interest for their organizations"-- Provided by publisher.

Contents:

Intro

Contents

Preface

Chapter 1

Weathering the Storm: The Success Story of Dilmah Amidst the Pandemic and Economic Crises

Abstract

Introduction

Enter Dilmah

Dilmah's Offerings

Dilmah's Values and Philosophy

Family Culture | People First

Quality | Devotion to Excellence

Innovation | Relentless Improvement

Sustainability | Putting the Planet First

Cloudy Skies: COVID-19 and Its Causatum

Corona and the Tea Industry: The Tea Industry Takes a Blow

Managing Human Resources through the Down Stream Value Chain

Supply Chain Disruptions: The Global Supply Chain Got Axed

Production: The Backbone Got Fractured

Silver Linings: Global Favours

A Short-Term Boost in Tea: Sri Lanka Tea Demand in the Coronavirus Era and Anti-Viral Claims

Fuel to the Fire: Crippling Economic Crisis

The Climax

Social Contractions

Political Turmoil: Faulty Policies

Down the Drain: Devaluation of Sri Lanka Rupee

Economic Contraction: Inflation Spiral

Fortifying the Ship: Dilmah's Strategies

Managing the Available Resources

Coping with the Technology

Innovation Is the Key

Uniting the Value Chain

Linking Across Industries

"Dilmah Tea Converts for Life"

Pioneering the Frontier on Agri-Research

Conclusion

Bibliography

Chapter 2

Sailing through the Storms to the Port of Prosperity: The Case of Sri Lanka Ports Authority

Evolution of SLPA

Significant Geographical Location

Competitors

Employees

Decision Making Facilitated by the Structure of the Organization

Technology

Women's Engagement and Empowerment

Handling of COVID Situation and the Role of Leadership

Economic Crisis and the Performance of SLPA

Hell Breaks Loose on May 9

Future…the Chinese Connection…and Indian Dilemma: Impact of China.

Indian Influence and Adani's Rise

Appendix A

Chapter 3

A Story of Surviving and Thriving Amidst Crises: What Enabled ICC to Stay Resilient?

ICC's Product and Service Portfolio

Overall Aspiration of ICC

The Arduous Wave of COVID-19

COVID-19 and the Construction Industry: The Industry's Struggle

ICC: Not a Boiling Frog

Simmering Down: The Tactics Used to Ease the Pressure of COVID-19 Pandemic Impacts

New Communication Channels

Precautionary Health Measures

Synergetic Contribution

Altered Work Layouts

Alternative Work Options

The Economic, Social and Political Crisis: Another Slippery Slope!

ICC did not Know the Ropes

Limiting Government Expenditure

The Fixed Cost Incurred to Deliver the High Worth of Projects

Prices Fluctuations and Scarcity of Construction Materials

Outsourced Workers Leaving ICC

ICC's Plan of Action in Facing Challenges and Seizing Opportunities

Cost Restructuring

Seizing Opportunities in Construction Industry

Growth Strategies to Stay Resilient

Corporate Social Responsibility (CSR) Initiatives

People Aspect

Environmental Aspect

Appendix 1: Details on ICC Product and Services

References

Chapter 4

Maneuvering in Unknown Waters: A Leader with True Grit

Journey until the Pandemic

Confronting COVID-19

Surfing through the Unanticipated

Gutsy Leader to the Force

Chapter 5

Sampath Bank PLC: Practicing for Success through Steadfast Resilience

Sampath Bank PLC: Presenting your Future

The Pandemic and its Challenges

An Integrated Approach to Tackling the Challenges

New Product Technologies in Banking

National Contribution via CSR.

Culture and Values that Supported Successful Navigation through the Pandemic

Strategies to Support and Protect the Bank's Customers

Leaving No One behind via Agency Banking

Instigating Touchless ATM

Steering through the Economic Crisis

Chapter 6

A Resilient Growth Trajectory: hSenid Business Solutions

A Global Player

Product Portfolio

COVID-19 and Its Impact on the Human Capital Management Industry

A Fragmented Market Structure During the COVID-19 Era (2020-2022)

Artificial Intelligence to Steer Competition

Strategic Acquisitions by Leading HCM Providers

Capitalizing on Opportunities

Moving Forward Amidst COVID-19

Contribution to the Economic Recovery

The Island of Ingenuity (IOI)

Industry-University Collaborations

Listing in CSE in 2021

Chapter 7

University Education Amidst the COVID-19 Pandemic: A Case Study of the Management Faculty and Commerce, University of Sri Jayewardenepura, Sri Lanka

Background of the University and the Faculty

The Impact of the COVID-19 Pandemic on the Functioning of the FMSC

New TLA Practices in Response to the Challenges of COVID-19

Impact of the Solutions Implemented

Long-term Impact of Online TLA Activities

Acknowledgment

Index

About the Editors

Blank Page.

Notes:

Description based on print version record.

Other Format:

Print version: Perera, Sumudu Senani Case Studies in Economic Survival: Experiences from Sri Lanka

ISBN:

9798891131392