priyan fernando - ca sri lanka...supply chain & operations develop products branding and...

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Priyan Fernando Chairman, Brandix Lanka Limited

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Page 1: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Priyan Fernando Chairman,

Brandix Lanka Limited

Page 2: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Everything is Technology...

Tech-based solutions are replacing traditional business models

Page 3: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Darkness before the Dawn

Adapt QUICKLY

RETHINK to REVIVE

Incumbents have the Customers, Talent and Financial Resources

Page 4: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Pre-requisites for Success

1. SPEED

- the differentiator

2. INVESTMENT

- the enabler

Page 5: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Basics of Good Business

Good Governance

Efficiency Focus on Growth

Page 6: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Basics of Good Business - Good Governance

Good Governance

Efficiency Focus on Growth

Page 7: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Good Governance

Good Governance provides the smooth road for speed and repetition

Good Governance

Efficiency Focus on Growth

Page 8: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Good Governance - End to end processes that deliver outcomes

Companies are managed by function but are run by process

Strategy Finance Technology Human

Resources Marketing Operations

Legal, Risk & Compliance

Processes Outcomes

Supply Chain & Operations Develop Products

Branding and Marketing Position Us

Client Management Enhance Customer Relationships

Service Delivery Resolve Customer Issues

Planning and Funding Manage Processes

Optimizing Assets & Technology Enhance Capability

Managing Talent Win in the Market Place

Business Support Enable the Front Lines

Servicing External Stakeholders Give Them Confidence

Sales and Distribution Deliver Products & Services

Page 9: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Good Governance - The Basics of Process Discipline

Process Optimization / Standardization to get better,

faster & cheaper

Constant Repetition

Plan

Do

Measure Feedback

Improve

Good Governance

Efficiency Focus on Growth

Page 10: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Good Governance - Risk Management

Risk Mitigation -

An airtight strategy to review Risk on a regular basis

• Strategic Risk • Reputational Risk • Operational & Third Party Risk • Compliance & Control Risk • Credit and Finance Risk • Data Privacy Risk • Other Risks

Good Governance

Efficiency Focus on Growth

Page 11: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Basics of Good Business - Efficiency

Efficiency - creating a culture of frugality and unending war on waste

Good Governance

Efficiency Focus on Growth

Page 12: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Efficiency - Waste Framework

Looking at spending through a different lens

Good Governance

Efficiency Focus on Growth

Page 13: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Basics of Good Business - Focus on Growth

Good Governance

Efficiency Focus on Growth

Page 14: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Basics of Good Business - Focus on Growth

Good Governance

Efficiency Customers Data Talent

Page 15: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

The degree to which a customer’s experience exceeds that customer’s expectations

Satisfaction

A buyer’s deeply held commitment to stick with a product, service, brand or organisation consistently in the future

Loyalty Actively supporting a product or service through positive word of mouth

Advocacy

Progressing from Satisfaction to Loyalty

Focus on Growth - Customers

Net Promoter Score (NPS)

Page 16: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

Focus on Growth - Exploiting the Big Data Revolution

Page 17: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

At the end of the day you don’t bet on strategy, you bet on PEOPLE

Focus on Growth - Talent

• The war for Talent is drawing on a global pool

• Changing demographics and work styles require adaptation

• People do not leave companies; they leave bosses

• Are we attuned to and relevant to our employees’ aspirations?

Page 18: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

To bring it all together

Page 19: Priyan Fernando - CA Sri Lanka...Supply Chain & Operations Develop Products Branding and Marketing Position Us Client Management Enhance Customer Relationships Service Delivery Resolve

RETHINK to REVIVE…