Leads in ranking for strong integration of corporate vision with national-level goals
The Hayleys Group was ranked amongst the top three most respected business entities in Sri Lanka and placed first for Nation-Mindedness in Lanka Monthly Digest’s (LMD) ‘Most Respected Entities In Sri Lanka’ survey, the Group’s best standing since 2008.
The blue-chip diversified conglomerate displayed a marked improvement from last year in almost every category measured in the survey commissioned and conceptualised by LMD.
Hayleys Chairman and Chief Executive Mohan Pandithage attributed the rankings, which reflect opinions and perceptions of the corporate sphere, to the manner in which the Group integrates its strategy with goals and policies set out at a national level. “It is truly pleasing to be placed within the country’s top three. Topping the podium for nation mindedness and ranking third overall amongst Sri Lankan entities is a reflection of our strong position in industries with tremendous future growth potential based on long-term economic and socio-political trends.”
One of the most diversified entity in Sri Lanka, Hayleys has succeeded in keeping its vision and strategy constant across the portfolio in order to yield positive performance and benefits to shareholders, the company said. The Group accounts for 2.51 per cent of the country’s export income and reflects most of the nation’s manufacturing, agriculture and service industries amongst its portfolio.
Hayleys has made a solid start to 2012-13, with several of its frontier Group Companies making waves at a national level in the first five months of the year.
Most recently the Group commenced wind power generation at Nirmalapura, adding 10MW to its renewable energy portfolio in a drive to cater sustainably to the country’s energy demands.
Earlier this year, Hayleys won a record 14 awards at the National AgBiz 2012 for agricultural excellence and dominated the Regional Plantation Company sector at the first National Plantation Awards by winning a total of 12 awards. The Transportation sector launched automotive logistics for the Hambantota port, in response to the demands and growth in this segment. Hayleys Business Solutions became the country’s first CarbonNeutral® BPO Company – reported to enhance Sri Lanka’s sustainable BPO hub status.
Hand protection specialist Dipped Products Group launched a new high-value range of specialised rubber gloves offering high voltage protection to global markets, while Purifications sector business, Haycarb Group became one of the first companies in Sri Lanka to successfully register and trade-in carbon credits. Haycarb Group’s purification systems arm was also instrumental in providing waste water treatment infrastructure for the Passikudah National Holiday Resort.
Commissioned and conceptualised by LMD, and conducted by Nielsen, the survey was designed to rank the Most Respected entities in Sri Lanka, based on opinions expressed by respondents – and to find out why they are perceived as being the ‘most respected.’