Importance of human resource stressed

Sunday, September 23, 2012 - Lahore—The future of every enterprise depends upon the quality of human resource it has as technology and economic shifts need innovative, creative and knowledge-based workers, said speakers at the Pakistan-India Management Summit.

The two-day conference jointly organised by Aman ki Asha – the peace initiative of the Jang Group and the Times of India – and Nutshell Forum was aimed at establishing relations between management practitioners and professional institutions in both countries. Over 600 delegates had gathered in Lahore in order to share their management experiences and challenges with a view to learning from each other and evolving best practices.

Talking about the essentiality of quality leadership, management gurus advised the entrepreneurs to start nurturing the future workforce, in sync with contemporary trends. Federation Asia Sourcing Network president Mark Geary said that future economic activities would be based on creativity and would be led by young generations based in Asia where countries like India and Pakistan enjoy a demographic advantage.

He said the demand for products and services would multiply in the next two decades as the population of middle-income persons would double to five billion people. By 2020, he predicted, around 45 percent of the global workforce would be from the new generation that would operate on new values of transparency, authenticity and trust.