THE CHANGING PARADIGMS OF HUMAN RESOURCE IN THE ECONOMIC DEVELOPMENT OF PAKISTAN
Download| Volume 4 Issue 1 2008 | |
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| Author(s): |
Zareen Abbassi
Muhammad Bux Burdey
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| Abstract | This era is considered the age of human resources. Globalization is creating significant face up to the business in the world and the thought of HRM is to build up the attentive involvement of laypeople in dealings. In the less built-up countries, stepping up of HR is an effort by rising ethics and maturity. HRM has undergone bizarre changes. Currently, the consistent change in the upbringing of HRM is mandatory in organizations. This glide encompasses labor force assortment, hi-tech growth, and globalization that bring revolution in the temper of workers. HRM is doing very momentous work to choose, recruit and train the right people at the right time at the right place for the right type of work. HRM does not only help to facilitate the business but also gain a gung ho to get lead over its rivals. Jamboree or keeping first-rate masses is noteworthy for the conquest of all dealings. The HR of a business consists of all inhabitants who act upon its actions. The understanding, edification, teaching, handiness, and expertise of a firm's employee act the cost of corporeal resources like tools, technology, and the material lodge. HRD is the route to boost acquaintance and handiness in society. The rising figure and sophistication of paradigms craft superior intellectual demands. Pakistan's socio-cultural compactness is not a gloomy barrier but unproductive administration. Unluckily, in Pakistan; there are not too many organizations that employ HR appropriately. HR is misallocated and misdirected generally in Pakistani business. The significant aspect of executives mostly depends on workforce skill, product and quality, and customer service. Pakistan is a labor surplus economy. Pakistan brazens out through towering populace rate, short literacy rank, and deprived proficiency in know-how. It has resulted in decisive unevenness in the HRD. In Pakistan, suitable achievement of HR is mandatory. Pakistan is demanding to introduce an HR scheme to attain state-run objectives and to face intercontinental challenges. The government's socio-economic policy needs to generate employment; move up takings of natives along with trimming down poverty. The purpose of this paper is to analyze the importance of human resources available in Pakistan. This study analyzes the past policies, finds out the causes of poor implementation of policies, and finally gives suggestions for the better implementation of techniques for the development of human resources to prosper the country by considering human resources as an asset. There is the need to attain a solid pace of economic expansion in an extraordinary environment supported by strong growth in services and robust growth in the industry. The ultimate objectives of the government's economic policy are to create jobs, raise the incomes of the people and reduce poverty. I am happy to state that this year has seen major successes on all these fronts. Pakistan still faces many challenges in fully realizing its potential for sustained economic growth, better living standards, and greater resilience to shocks. |
| Keywords | Globalization, Changing Paradigms, Human Resource, Economic Development |
| Year | 2008 |
| Volume | 4 |
| Issue | 1 |
| Type | Research paper, manuscript, article |
| Recognized by | Higher Education Commission of Pakistan, HEC | Category | "Y" | Journal Name | IBT Journal of Business Studies | Publisher Name | ILMA University | Jel Classification | - | DOI | https://doi.org/10.46745/ILMA.jbs.2008.41.01 | ISSN no (E, Electronic) | 2409-6520 | ISSN no (P, Print) | 2416-8393 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Manuscript Processing | Blind Peer Reviewed | Format | Paper Link | http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/4.1/1.%20The%20Changing%20Paradigms%20of%20Human%20Resource%20in%20the%20Economic%20Development%20of%20Pakistan.pdf |