Poging GOUD - Vrij
WIPO’s GII for my breakfast: This year’s serving is on 16 Sept.
Daily FT
|September 12, 2025
FEEDBACK is the Breakfast of Champions is a popular phrase attributed to the author Ken Blanchard. His suc- cinct writings using One Minute themes have a global fol- lowing. The Deming cycle PDCA (Plan- Do-Check-Action) has embedded the feedback loop into the top manage- ment governance cycle and is a gold standard in manage- ment practices. Our PDCA is more akin to Politics-Diatribe- Constituency- Attrition in prac- tice. However, in our nation’s plan- ning, feedback is not exactly visible. Our breakfast of short eats or loads of carbs with some sambol and curry has led to more NCD prevalence than progress.
I am writing this early to get more attention to a report card coming our way next week.
The Global Innovation Index for the year 2025 will be launched on 16 September from Geneva by the WIPO (World Intellectual Property Organization). As per the newsfeed coming from WIPO, this year’s report card will be a comparison of 140 economies. The objective of GII is positioning and ranking national economies over their innovation prowess. The underlying understanding in moving to an exercise of this nature is understanding the value of innovation in transforming an economy makes it an imperative to understand and study how economies execute policies and practices innovation based and led. The exercise addresses inputs and outputs and critiques on efficiency. The methodology is via evaluating a data metric of about 80 indicators under 7 pillars and then calculating a composite value which yields a ranking.
The report card for Sri Lanka last year is presented while we wait for this year’s news. Have we or do we take these published measures seriously and decisions taken after studying the series of reports cards available since 2007? The positioning of Sri Lanka over the years, when observed, demonstrate a saw tooth pattern of little or no order and a global position of no significance! This pattern is an indication of feedback absent eco system performance. Compare how India has performed if you want to see a different nation at work.
Obama’s White House considered innovation as the key ingredient that was sought from everyone when trying to rally round the economy in 2008. The message from the White House was direct to all individuals. In India, the first citizen downwards gives GII their highest attention, and the curve for India in the GII is indicative of the feedback effect.
Dit verhaal komt uit de September 12, 2025-editie van Daily FT.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Daily FT
Daily FT
Govt. missing the wood for trees
CABINET Spokesman Minister Dr. Nalinda Jayatissa announced this week that the Government plans to lease 24 bungalows and official residences formerly used by Government Ministers to private investors and international organisations.
2 mins
January 08, 2026
Daily FT
Sri Lankan-born Ray Jayawardhana appointed Caltech's 10th President
DR. Ray Jayawardhana, an accomplished academic leader and renowned astrophysicist who currently serves as provost of Johns Hopkins University, has been named Caltech's next President, the tenth in the Institute's 105-year history.
3 mins
January 08, 2026
Daily FT
Jetwing Saman Villas wins "Best International Hotel for Weddings" at Travel+Leisure India's Best Awards 2025
JETWING Saman Villas, part of Jetwing Luxury Reserves, has been awarded “Best International Hotel for Weddings” at the 14th edition of Travel+Leisure India and South Asia's Best Awards, held last month in New Delhi.
1 mins
January 08, 2026
Daily FT
27TH PRESIDENTIAL EXPORT AWARDS PRESENTED TO SRI LANKAN EXPORTERS IN RECOGNITION OF THEIR EXCEPTIONAL CONTRIBUTIONS TO THE EXPORT SECTOR
The Sri Lanka Export Development Board (EDB) successfully concluded the 27th Presidential Export Awards (PEA) Ceremony on Thursday, December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of Hon.
2 mins
January 08, 2026
Daily FT
Message from the Chairman of the Sri Lanka Export Development Board
As we concluded 2025, it is with immense pride that we reflect on the historic achievements of Sri Lanka's export community celebrated at the 27th Presidential Export Awards Ceremony held on December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH).
1 mins
January 08, 2026
Daily FT
Govt. flags drop in Korean job placement
■Outlines diplomatic push for relief to over 10,000 candidates
3 mins
January 08, 2026
Daily FT
LB Finance recognised at ICSDB 2025 for excellence in sustainability and digital innovation
LB Finance PLC earned distinguished recognition at the 4th International Conference on Sustainable and Digital Business 2025 (ICSDB 2025), organised by the SLIIT Business School on 11 and 12 December 2025 at Waters Edge.
1 min
January 08, 2026
Daily FT
Stock market suffers worst humiliation in 130-year history
Trades and orders up to first 24 minutes cancelled after questionable maiden transactions of newly listed Wealth Trust Securities shares
4 mins
January 08, 2026
Daily FT
Weekly T-Bill auction averages rise for 3rd straight week; Rs. 100 b auction fully subscribed
Secondary Bond market yields drop further; market remains active
2 mins
January 08, 2026
Daily FT
British Sri Lankan Muslim Organisations donate £ 25,000 to rebuilding and disaster recovery efforts
BRITISH Sri Lankan Muslim organisations came together to express their solidarity and commitment to help their motherland and handed over a collective donation of £25,000 (Rs 10.5 Million) towards Sri Lankan Government’s National Rebuilding and Disaster Recovery Initiative, efforts following the severe impact of Cyclone DITWA, Flooding and Landslide.
2 mins
January 08, 2026
Listen
Translate
Change font size
