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Sartaj Aziz: Public Service Embodied
No full textHe was passionate about agriculture development, mitigation of rural-urban income inequality, absorption of new entrants to job market Very few Pakistanis have made a name for their significant contributions on national and international fronts and are admired for their personal attributes. Sartaj Aziz was one of them – an active student leader during the freedom movement, a civil servant par excellence, an international mover and shaker, a politician of integrity and stature, and an academic of high calibre
Challenges constraining diabetes management & insulin access in Pakistan and role of Novo Nordisk
No full textPakistan, type 2 diabetes affects approximately 32 million adults, making it a rising health concern. Due to a sharp rise in the disease\u27s incidence, Pakistan is now one of the most affected nations. It is now difficult to manage type 2 diabetes because of a number of socioeconomic and healthcare infrastructural issues. Patients face major obstacles due to the high costs of diabetes management and low level of diabetic awareness. Advanced diabetic drugs and insulin are costly. Individuals with diabetes have a substantial financial burden due to their high out-of-pocket medical expenses and the fact that over 24% of the population lives in poverty. In Pakistan, structural and economic problems impede the availability of insulin, impacting approximately 19.4 million individuals with diabetes. A low-income household\u27s monthly insulin expenses could make up as much as 30% of their whole income. Only over 50% of public health facilities have a regular supply of insulin, which exacerbates supply chain issues. Diabetic care is made even more difficult to access by inadequate healthcare facilities and a shortage of trained staff, particularly in rural locations. Resolving these issues requires focused approaches. It is critical to implement educational programs that help people become more aware of their diabetes and develop management strategies. Diabetes management can be enhanced by interactive training sessions and culturally adapted teaching materials. Increasing the number of qualified healthcare workers and fortifying the healthcare infrastructure can both be very important. With its sizable worldwide market share and sophisticated production capabilities, Novo Nordisk can play a crucial role in helping Pakistan address its insulin accessibility problems. Novo Nordisk can contribute to lowering the price of insulin and ensuring its best storage and transportation by utilizing their economies of scale and cold chain logistics. The study\u27s conclusion emphasizes the critical need for all-encompassing approaches to enhance diabetes care and low-cost insulin accessibility in Pakistan. To solve these issues and lessen the toll that diabetes has on individuals and the healthcare system, cooperation between pharmaceutical companies, medical experts, and the government is crucial. Keywords: Diabetes in Pakistan, Diabetic Awareness, Insulin, Medicine Adherence, Diabetes Awareness Progra
HR Policies and Practices to Determine the High Employee Turnover at The Bank of Punjab
No full textThis report examines the high employee turnover rate at the Bank of Punjab and its impact on the bank\u27s operational efficiency, financial performance, and its impact on the current employees. Employee turnover is a crucial issue, remarkably in the banking sector, whereby the loss of skilled employees can affect service continuity and increase recruitment and training costs. The purpose of this study is to evaluate the current HR policies and practices at the Bank of Punjab, identify the key factors contributing to employee turnover, and provide recommendations to enhance employee retention. The study employed a descriptive research design, using survey questionnaires to collect quantitative data from current and former employees of the bank. The survey focused on factors such as job satisfaction, career development opportunities, mentoring programs, rewards systems, and supervisor relationships. The data was analyzed through correlation analysis to identify a relationship between these factors and employee turnover intentions. Key findings from the survey indicate that the most important factors influencing employee turnover at the Bank of Punjab are uncompetitive compensation packages, limited career development opportunities, job and skills mismatch, poor working conditions, and lack of recognition for work done. These findings suggest that while the bank has established career development programs and mentoring initiatives, there is room for improvement in these areas to enhance employee satisfaction and loyalty. Additionally, the rewards system, including salary and bonuses, needs to be reviewed and adjusted to be perceived as fair and competitive within the market even though the general banking landscape in Pakistan is notorious for lower compensation and more focus on other benefits. The study concludes with several recommendations to reduce employee turnover at the Bank of Punjab. Some of which are enhancing career development programs by offering regular career planning sessions, improving the quality and accessibility of mentoring programs, optimizing the rewards system to ensure fairness and competitiveness, and fostering positive supervisor relationships through effective leadership training. By implementing these strategies, the Bank of Punjab can reduce turnover rates, retain skilled employees, and maintain its competitive edge in the banking industry
Slashing bloated bureaucracy a real challenge for Shehbaz
No full textISLAMABAD: Prime Minister Shehbaz Sharif is faced with the challenge of outdoing bureaucracy, which has thwarted successive governments’ efforts to slash the bloated size of federal government. Doubts have already been created by the prime minister’s decision of ignoring the recommendation of two austerity committees, which he himself had formed earlier, and assigning a third one under the chairmanship of finance minister to right-size the federal government. Informed sources said the federal cabinet during the PTI government had approved a major restructuring plan for the federal government and had decided to retain 325 federal government entities out of the total 441. However, despite the cabinet’s approval, the plan remained unimplemented because of bureaucracy’s reluctance
Establishing discounted retail stores network in Pakistan
No full textIn last few decades, retail sector has experienced significant growth and innovation globally. Pakistan’s retail sector has also experienced the similar growth and improvement. In Pakistan, mostly retail giants, supermarkets and convenience stores have targeted the middle to high income earners. A country where 40% of its population lives below the poverty line, is in dire need of a retail network that solely focuses on the lower income population. Utility Store Corporation has played a vital role in fulfilling this gap. However, operational inefficiencies, mismanagement and corruption have put additional financial burden on Government and this has made the sustainability of Utility Store Corporation questionable. Recently, the Government has announced the closure Utility Store. Its decline has surfaced a potential opportunity for retail giants in Pakistan to leverage this gap to increase revenue and market share. The project had 4 objectives, firstly, it aimed to understand the consumer behavior of low-income consumer. Secondly, it aimed to study the retail mix of Utility Store Corporation and what conclusion can be made that could help in understanding the low-income consumer segment. Thirdly, it aimed to assess key reasons behind the downfall of Utility Store Corporation. Lastly, it focused on developing a sustainable retail model and procurement strategies that would assist in overcoming the drawbacks of Utility Store Corporation. Finding depicted that pricing and discounts are the key drivers that pushes low-income consumer to purchase from retail stores. Secondly, location is another key variable that influences the purchase decision. Thirdly, product availability had an insignificant relationship with Purchase Intention. Lastly, customer experience had a negative relationship with Purchase Intention. Investigating the downfall of Utility Store Corporation revealed that mismanagement, corruption, operational inefficiencies and non-productive stores are the key reason behind Utility Store Corporation failure. Findings from observational studies revealed that some key factors including store atmosphere, discounts and promotions, layout, lighting, ambiance, and customer service. Finally, the recommended strategy stressed on the following key tactics to make a suitable discounted retail network, compact Store Size, location, limited SKU, frequent replenishment, bulk purchasing etc
Mock Interviews
No full texthttps://ir.iba.edu.pk/career-development-center-gallery/1034/thumbnail.jp
Environmental, Social and Governance (ESG) Reporting and Performance: a case study of Pakistan’s two top listed automotive companies
No full textESG reporting is an emerging theme, which takes a more comprehensive approach towards the company’s value creation model. It implies that businesses should consider about the society and environment while making profits. In the context of Pakistan’s automotive industry only two companies Atlas Honda Ltd and Indus Motor Company Ltd, are reporting on ESG dimensions. This report provides an analysis of the status of reporting using GRI disclosures framework. Status of disclosures is analyzed through comparison of both firms and the gap analysis using other international frameworks of environmental reporting. Data collection is done through published information and interviews from both companies’ representatives. Analysis is done through comparison of both companies and gap identification with international reporting. While both companies reporting initiatives are commendable, there are areas of further improvement in terms of reporting of Scope 2 & 3 emissions, improving gender diversity, ensuring sound practices for whistle blowing to improve the corporate governance and linking CEO remuneration to achievement on ESG targets
Baqar stresses urgent need to invest in nation’s intellectual capital
No full textA memorandum of understanding (MoU) was signed between the Institute of Business Administration (IBA) and the Jaffer Family Foundation-United Global Initiative for the construction of a state-of-the-art purpose-built academic building for the School of Mathematics and Computer Science at IBA Main Campus
Crafting Charisma or Calculating Control? Unveiling Impression Management Prowess Across Machiavellian Domains
No full textPurpose: The study aims to explain the relationship between dimensions of Machiavellian personality on the choice of impression management techniques. This research endeavor is taken to understand how the people with tendencies of Machiavellian strive to portray themselves in the organizational setup.
Methodology: Grounded in positivist orientation, this study takes up quantitative method of data collection, in which valid and reliable survey instruments on variables are used. The data is collected from grade 17 and above officers of public sector organizations. Common method bias is reduced with intermittent data collection. Data is analyzed with partial least square and bootstrapping with 5000 sub samples.
Findings: Hypotheses are developed to check which dimension reflects which style of impression management. The study shall reveal particular dimensions of Machiavellian personality from the way of impression management.
Originality: Impression management is hypothesized to be impacted from dimensions of Machiavellian dimensions.
Research Implications: The models of Machiavellian personality and impression management are investigated together to pave way for further research.
Practical Implications: In public sector organizations, particularly in the culture like Pakistan, it is believed to be platforms of strong politics in offices where it is important to understand impression management styles and personality styles to make understanding of the persons and their intents. This study provides scientific highlight on this understanding.
Social Implications: Exploring the correlation between Machiavellian characteristics and impression control in governmental settings such as Pakistan has the potential to enhance ethical standards and openness within organizations. Through the identification of manipulative tendencies and advocacy for moral principles, individuals in authoritative positions can cultivate equitable work environments and administrative protocols