Page 115 - BIMT_Magazine_Final(Interective)

analysis of improvement initiative
success rates, and assessment of the
correlation between KPI performance
and broader organizational outcomes.

Regular evaluation helps identify
areas where KPI systems can be
refined or enhanced to better serve
their intended purposes of driving
performance improvement and
organizational success.

FUTURE CONSIDERATIONS AND objectives, driving continuous
EMERGING TRENDS improvement, and creating

As manufacturing organizations sustainable competitive
continue to evolve with technological advantages. The key lies in
advances such as Industry 4.0, recognizing that employee
artificial intelligence, and advanced
analytics, KPI systems must also performance and company
adapt to leverage new capabilities results are not competing
while maintaining their focus on objectives but complementary
balancing employee performance elements of a comprehensive
with company results. Predictive performance management
analytics, real-time monitoring, and
automated decision-support systems approach. Mr. Anura Warnakulasooriya (President), Dr. Lakmal Fernando (Deputy President), Mr. Chamika Godamanna
offer new opportunities to enhance (Honorary Treasurer), and Ms. Nilupul Chandrasena (Secretary General / CEO) represented the National Chamber
KPI effectiveness while reducing Organizations that of Commerce of Sri Lanka (NCCSL) in signing the Memorandum of Understanding (MoU) with BIMT Campus.
administrative burden. successfully balance these
considerations will find that
CONCLUSION KPIs become catalysts for

The implementation of effective positive change, driving both
KPI systems in large-scale operational excellence and The National Chamber of Commerce of Sri Lanka (NCCSL) was established
manufacturing organizations employee engagement in in 1948 and serves as a key organization promoting trade, industry, and
requires careful balance ways that support long-term commerce in the country. It provides a platform for local businesses, supports
between driving company organizational success. its members by addressing their issues, and represents a wide spectrum of
results and supporting The investment in developing industries. The Chamber plays a central role in business development, policy
employee performance and and maintaining effective advocacy, and fostering economic growth across Sri Lanka.
development. Success depends KPI systems pays dividends
on thoughtful metric selection, through improved performance,
collaborative implementation enhanced competitiveness, and 750 + 1500 +
approaches, and ongoing stronger organizational culture
commitment to continuous that supports sustained growth Corporate Members Connected SME Members
improvement and adaptation. and success in the dynamic
manufacturing environment.
When properly designed
and implemented, KPIs About Strategic Collaboration
serve as powerful tools
for aligning individual The NCCSL and BIMT Campus signed an MoU to empower corporate leaders, enhance leadership
efforts with organizational capabilities, and drive sustainable economic growth in Sri Lanka. BIMT Campus highlighted the
potential to nurture impactful leaders and strengthen industry links, which will provide students
with practical experience and broader business engagement. This collaboration will not only

strong industry connections that support future leaders.
107 From Campus to Corporate Leadership l Aug/Sep 2025 l www.bimt.lk