HR Vision in Pakistan - Syed Imtiaz Hussain
Global changes and technological advancements have affected the process leads to innovation, new forms of work organization, changes in the nature of work and new occupational categories. With these changes, human resources development takes the
position of significance. In Pakistan we are still striving hard to generate a vision for HR, which is very important for our national progress to face the global challenges.According to the World Bank, there are three main components of economic growth, they are as follows:
Human Capital 64%
Physical Capital 16%
Natural Capital 20%
We must consider the designing and implementation of effective HR polices as an essential investment on HR community and not as expenditure. This investment is far more important than building roads, bridges or power-houses. We must first build our people. It is imperative that they (policy makers) direct their attention and energies towards HR development and improvements in order to achieve sustained economic growth and social development in the 21st century. Human resources are of great importance for a poor country like Pakistan.
The increasing globalization and the forces driving it are posing serious challenges to
organizations throughout the world, particularly to the third world countries. One of the very important aspects of human resources development is the support of business houses at national and international levels. Only those organizations, which understand the new environment and growing complex competition and have the ability to provide appropriate responses to the challenges will survive and grow. The following is the level of per-capital investment in human capital development in various developing countries of the world:Country Investment in HRD
Country Investment (US$)
Pakistan 10
India 31
Indonesia 54
Malaysia 150
South Korea 160
The most valuable and the most perishable resource in any organization are in fact, the human resources. Unfortunately, there are not many organizations in Pakistan that use this resource optimally. Most of them abuse, misallocate and misdirect this resource to an incredible degree. All organizations, whether national, multinational or international, have to deal with this resource, which is limited in the environments they operate.
Organizations strive to use these limited or scarce resources efficiently and effectively in order to achieve their goals and objectives. The most important elements for today's organizational success are work-force skills, product quality and customer service. All three elements are heavily dependent upon human resources as
<!--[if !supportLists]-->· <!--[endif]-->Education
<!--[if !supportLists]-->· <!--[endif]-->Training
<!--[if !supportLists]-->· <!--[endif]-->Motivation
In present day’s dynamic business world, change is the only factor, which will remain constant - changes in technology, consumer demand, demographic composition of workforce and global competition will have impact on the role of human resource professionals. With time, organizations are becoming increasingly aware of HR contribution to the progress and growth of their businesses.
In this millennium, slowly but surely all countries are becoming safer and more attractive for investments. More and more socialist and centrally planned closed economies are opening up for trade and investment opportunities. Countries are opting for free-market economies, private ownership is being encouraged, the importance of the consumers is being realized and generally they are also becoming more democratic. At the same time, new institutions are emerging to reduce non-commercial risk of multinational ventures.
Pakistan's HR community has evolutionary thinking approach. What is needed is a revolutionary approach in convincing management that they can deliver strategic results with a positive attitude and multi-dimensional approach. An approach that shifts emphasis from HR traditional focus as expert administrators, to develop a multi-skilled and a multi-functional department that adds value to the organization on the whole.
HR professionals must be armed with a broader and deeper set of competencies, not just in HR skills but in general business and interpersonal skills and in technology.
Times have now changed, but has our thinking changed? It is hoped that a sizable budget share will go to the development of HR community in Pakistan and a significant change will be visible in the near future and the country will be launched on the road to progress and prosperity.
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