CIMA Technical symposium

'Are you ready to reshape your business?' :

'Reshape your business' is the theme of this year's CIMA Technical Symposium on December 3, at the Cinnamon Lakeside Hotel; and will focus on business critical areas of enterprise governance, risk management, shareholder value creation, sustainability, strategic execution, and performance measurement.

An eminent line of local and foreign academic leaders who have fairly explored the breadth and depth of their specialized subjects, and business leaders who have successfully ventured and experimented the practicality of revolutionary and progressive management accounting principles to generate greater value to stakeholders will deliberate at this thought provoking forum.

The recent financial crisis which led to a global economic meltdown, the increased pace of corporate collapses due to fraud and mal-practice, the present chaos and flux in the business community question the commitment to governance and sustainable business practices in the corporate world. Most often short-term gains tend to override long-term stability. However, there is a magnitude of responsibility and accountability vested on an entity in its pursuit of wealth maximization. Focusing on long-term strategic direction of the organization, understanding its risk appetite, key value drivers and decision making points, and conforming to governance and regulations play a key role in determining the long-term success of an organization. And it is important to strike the right balance between conformance and performance.

So how do you draw a line between short-term gains vs. long term-stability? Can the deteriorating confidence on boards, governance models, business transparency, and corporate reporting ever be restored?

In this backdrop, the Thought Leadership Specialist at CIMA Head Office in London Gillian Lees will deliver the key note on 'Enterprise Governance - restoring boardroom leadership'.

The Symposium will further feature five technical papers titled, 'Data, Information and Intelligence - Using Business Intelligence to enhance profitability in uncertainty' delivered by Butterfield Fulcrum Fund Services (India) Private Ltd Chief Risk Officer Ravi Raman; 'Creating shareholder value' delivered by Hemas Holdings Chief Financial Officer, Malinga Arsakularatne; 'Strategic corporate sustainability and enterprise governance' delivered by Sri Lanka Institute of Nanotechnology (Pvt) Ltd. Chief Executive Officer Ravi Fernando ; 'Strategic Execution' delivered by Mahindra and Mahindra Ltd.

India Vice President (Vehicle Sales) Bharatendu Kapoor; and 'Are your performance measurements driving the right behaviour?' delivered by John Keells Holdings PLC, Executive Director Main Board and John Keells Group, Group Finance Director Ronnie Peiris.