Business Opportunity:
The education level and employee productivity rate in Pakistan is low and not up to par with corporations� demand. The major factors behind this are less to no practical market exposure of students and the studies that our students are subjected to cover too vast a spectrum. This eventually results in production of low skilled employees. Our students end up being jack of all trades and master of none, the result of which is that we as a nation can never create anew and must always follow. The basic problem with the market of Pakistan is not the lack of natural, technological or any other resources but it�s the human resource. Productivity of Pakistan has been comparatively low because human resource is not of prime quality, or those who are of quality move out of Pakistan�s market for better opportunities (Brain Drain).
Usually the business bachelor program offered in Pakistan is a four year program with a lot of emphasis on theoretical studies, When a student graduates from a business school he/she is not exposed to the market and does not know much about the market in practical. Where text books provide a good idea of what goes around in the business world and covers almost every aspect of a business organization, practical work is also important, as it is proven that people learn better through practical work rather than simply following text books.
The Essay on Student Resources Worksheet
University of Phoenix Material Student Resources Worksheet Student resources include a variety of helpful sites and tools that can be of assistance when completing assignments, connecting to other students, and searching for careers. Complete this table regarding student resources provided by the university. In the first column, identify where the resource can be found. In the second column, ...
This lack of practical training creates a major gap between the human resource of Pakistan and other developed nations. Managers lack the creativity and innovation which needs them to be successful. They are not mentally geared to look towards the future and put their creative knowledge to use.
The lower level workforce is also suffering in Pakistan. Workers are not equipped with knowledge of how to deal with customers and work in an organizational environment. They are also not capable of keeping up with the increasing technology and the skills required mastering them. They are lacking in skills which are relevant to succeed in an organizational structure.
There is an opportunity in the market for an institute that introduces a new learning program which emphasizes on practical studies and research work as much as theoretical base learning. The concept of practical studies has been followed in western countries for a while now but it is yet to be introduced in Pakistan. In the addition to this, an intense training program is needed to improve the vocational skills in employees which would result in the betterment of human resource in Pakistan.
Social Vision of IHRD:
�To develop and improve the human resource within Pakistan, to train, guide and evolve the future of Pakistan towards creativity, innovation and productivity, to help contribute to a movement where every individual has the equal opportunity to expand his/her horizons, to develop and provide new methods and system of education which will empower Pakistan with the most skilled and qualified professionals for the future.�
Service Description:
IHRD (Institute Of Human Resource Development) is a pioneer in the field of practical studies along with the conventional way of studies which includes text books, reports and assignments. The primary tasks of IHRD include:
The Essay on Current Political Situation of Pakistan: Overview
The article initially provides a brief overview about current political situation of Pakistan. Pakistan is a developing country and it is politically unstable but we live in the world where everything is possible. Democratic governments have always failed to complete their tenure which eventually results in a long lasting dictatorship reign. In Pakistani politics, there is a clear domination by ...
1) Institute of Business and Management Sciences
Offering a four year Academic Bachelors Program which includes One year of mandatory practical work by a student in an organization which is then added into his credit hours,
2) Labor force improvement centre
Providing intensive vocational training to employees allowing them to keep up the upgrades and excel in their field of work
IHRD�s academic program is modern and concept in structure. Giving maximum emphasis to faculty, we have engaged international experts in their respective fields to impart quality education to students.
IHRD�s top priority is to develop students into professionals by preparing them mentally for the stiff tasks of organizations by putting them in the work field during the course of studies. Each student will be required not only to fulfill the task assigned to him by the management of the organization where he is placed, but also be creative in his pattern of thinking. Students will be required to submit quarterly reports highlighting what they learned about the organization, group dynamics, analyzing the work culture, organizational culture, and communication flow. IHRD also pioneers in vocational training of lower level employees in Pakistan where majority of institutes are focusing on top level or middle level manager trainings. With our master trainers we at IHRD cater to the market�s immense demand to train lower level managers.
Future Plans:
� Electronic and Robotic Research Centre
� Computer Research Centre
� Department of Film making and acting
� Department of Political Sciences
� Department of Law
� Department of Philosophy
Apart from providing educational service to the community IHRD has other plans for the future:
� Advertising Agency
� Event Management Organization
� Law firm
Competitive Advantage:
Institutes all over Pakistan are following a pattern of theoretical studies, giving minimal priorities to practical work and applications of practical work. IHRD will introduce a new module for the four year Bachelors program where special focus would be given on practical work. Along with theoretical studies, students will have the opportunity to work with organizations as full time employees for one year. This one year would be included in their credit hours, cumulating towards their degree. In this one year the student will learn the following skills needed in an organizational infrastructure
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� Group dynamics
� Work culture
� Organization culture
� Communication flow
� Analytical thinking
� Creative thinking
� Innovation
The student would submit monthly papers to the university and quarterly reports also. These reports would consist of what they have learned, what are people doing in the organization, their observations, where the organization is lacking, what deficiencies can be met and so on so forth. This would build up towards the grades of the student for that academic year. The university on the other hand would give the students feedback to the organization, hence increasing the value and relationship between both.
The second major program for the university would be training lower level staff. This training program would be done in collaboration with the organizations that require their employees to be trained more effectively. The university would be cutting the costs and wastage of time that organizations are involved in training their employees. Employees would be sent to the university to receive a training module for which the organization would be charged a fee. Hence ridding the organization of going through the long process of hiring international staff and bringing them here to train their employees. The university would be involved in training the employees in
� Vocational skills
� Technical sills
� Interpersonal skills
The IHRD Team:
The IHRD team includes five members. All five members are pursuing their bachelor�s degree in business administration from Institute of Business Management (IoBM), Karachi. Muhammad Ameed Zafar is pursuing his BBA in Marketing and Media communications, Tabraiz Marri is pursuing his BBA in Media communications, Aurangzaib Marri is pursuing his BBA in Human Resource Management, Noman Chagani is pursuing his BBA in Finance and Sardar Abdul Rehman is pursuing his BBA in Accounts and Finance. Tabraiz Marri has been an active member of the university�s welfare society and Muhammad Ameed Zafar has been a founding member of dramatics society of the university. Sardar Abdul Rehman is the member of the newly founded Entrepreneur Society. They all have worked on a number of projects where they have held various responsibilities ranging from marketing to resource management.
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Business Model