- Focuses on inculcating a learning culture within the organization
Leading multi-discipline conglomerate Ambeon Group recently launched an Executive Development Program (EDP) aided by the Postgraduate Institute of Management (PIM), the nation’s management mentor. A program especially tailormade for the Ambeon Group, this programme was designed by PIM to provide a rich learning experience, helping to develop the managerial and strategic level competencies needed for sustenance, growth, development and sustainability of the organization for the future.
Comprising 25 senior and middle managers, the inaugural batch of this EDP has already directly and actively contributed at several levels of the Group, positively impacting many functions and initiatives. Further, while participants have benefited from their own individual performances the programme enables sharing of ideas, experiences and helps foster innovation and best practices across the group.
Prof. Ajantha S. Dharmasiri, Director of PIM, who delivered the welcome address at the inauguration of EDP, signaled that the ability to change is key in today’s business world, and how dynamic leaders need to be comfortable with embracing change, stating that they need to thrive in change by becoming a victor in change rather than its victim.
“The objective of our partnership with PIM is to enhance and improve competencies within our senior management while embracing a learning culture within the Group as a whole,” signaled Mr. Murali Prakash, Group Managing Director/ CEO of Ambeon Capital PLC and Ambeon Holdings PLC. “In today’s world, change is experienced at a rapid pace than ever before. It is also our biggest challenge. Through programmes of this nature, Ambeon is ready today for tomorrow’s business challenges”.
Mr. Prakash also noted, “The Ambeon Group has transformed to be a medium sized conglomerate through targeted acquisition, restructure, legal and GRC. Today, we are a properly restructured legal entity, building capacity and capability to take on the challenges of tomorrow, while ensuring its diverse and technocentric customers continue to be satisfied. We have also spent a lot of time and effort up-skilling our workforce to take on future-oriented strategic projects, which relies on project-based learning that can be implemented within the Group. These include cross posting initiatives to build redundancies and empathy within our pool of talent.”
Commenting on the Group’s strong learning and innovation culture, Mr. Prakash added, “At Ambeon, one of our key aims is to build clear career paths with professional development through continuous learning for career and self-advancement. Ambeon also thrives on continuously developing and maintaining a ‘Train-the-Trainer’ mindset among each staff member who after attending our trainings are then encouraged to, in turn, pass on their knowledge and lessons learnt to colleagues and subordinates.”
Ambeon Holdings PLC, a subsidiary of Ambeon Capital PLC is a medium sized conglomerate known for its market dominance in the areas of financial services, manufacturing, real estate, technology and strategic investments. It is powered and guided by Galle Face Hotel Group, Hirdaramani Group and Navitas Investments and steered by top corporate personality and renown Industry veteran Murali Prakash as its Group Managing Director/Chief Executive Officer.
With over 3300 employees, the Ambeon Group encompasses Taprobane Capital Plus (Pvt) Ltd (a leading financial services provider with a wealth of experience in capital markets in Sri Lanka) and South Asia Textiles Limited, (leading manufacturer of exceptional quality weft knitted fabric that also specializes in Knitting, Dyeing, Finishing, Printing, Brushing, Sueding and Preshrunk fabric for leading global brands such as Victoria Secret, Next, Marks & Spencer, Tesco, Calvin Klein, Decathlon and Adidas), Dankotuwa Porcelain PLC and Royal Fernwood Porcelain Ltd (manufacturers of porcelain tableware and gift items for global giants such as Oneida, Macy’s, Country Road, Lenox, John Lewis, Crate & Barrel, Megros, Jashanmal, Ralph Lauren, the Walt Disney Company and Dilmah), Millennium Information Technologies (Pvt) Ltd (Sri Lanka’s leading information systems solutions providers delivering IT solutions to leading conglomerates in sectors as diverse as banking and finance, telecommunications and apparel), Ceylon Leather Products Limited (manufacturer of leather footwear and accessories) and Colombo City Holdings PLC (real estate).