The Indian CEO Forum (ICF) recently organised a half-day forum with leading Sri Lankan conglomerates on the exchange of ideas on best practices. It was held for ICF members as a precursor to a wider exchange of ideas.
Those involved included senior HR executives from Lanka IOC, Piramal Glass, JV Gokal, Nawaloka Metroplis and Lanka Special Steel, who made detailed presentations on turnaround and overall financial success stories driven by HR
The sessions were extremely interactive and were attended by CEOs of most of the Indian companies operating in Sri Lanka. ICF President Sanjay Tiwari and Vice President Kiran Redkar indicated that this sharing of best practices will soon be extended to Sri Lankan small and medium enterprises (SMEs) as well.
The session included presentations by the HR heads of the companies based on their experiences and success stories on selected topics such as: Recruitment strategy, training and development, employee engagement, industrial relations, contract employment and statutory regulations followed by an interactive Q&A session.
ICF, formed in July 2013, is a registered body with the membership constituted of Indian investors in Sri Lanka, Indian heads of MNCs and Sri Lankan companies.
The objectives of the ICF are to promote and contribute to the economic growth in Sri Lanka through Indian investment, safeguard and strengthen existing economic co-operation, foster new economic ties between India and Sri Lanka and provide an open forum for the business leaders of Indian origin employed with Indian multinationals and Sri Lankan business and commercial organisations in Sri Lanka.
The ICF endeavours to showcase investment opportunities in Sri Lanka to potential new investors from India as well.