If there is a critical shortage of food in some Asian nations, critical shortage of oil around the world, critical financial crisis everywhere, it is also possibl
e that these countries are in critical shortage of experienced human resources to skillfully managed the system. This shortage has been felt in the Gulf region, and even around the world, especially in financial and banking sector.This was the argument being aired by some HR experts during a three -day conference.
Zafar Aziz Osmani, group executive for HR and organisation development at Habib Bank Ltd, Pakistan's biggest private bank, stated this in a conference yesterday where other HR experts argued for more investments in human capital.
He was speaking at the 2nd Annual HR Strategies in Banking and Finance, which was or
ganised by Fleming Gulf, a global business intelligence company. The three-day conference, which ends today, hosted at least 60 industry experts in human resources from across the Gulf region.
"The way forward to developing a competitive edge is to have an effective resource management system, a technology optimisation programme and an 'out of the box' solutions to human-resource issues," Osmani said.
He added that HR executives must come up with mechanisms on how to deal effectively with such challenges as increased competition in the financial sector, rapid changes in policies and procedures and the shortage of quality human resources.
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e that these countries are in critical shortage of experienced human resources to skillfully managed the system. This shortage has been felt in the Gulf region, and even around the world, especially in financial and banking sector.This was the argument being aired by some HR experts during a three -day conference.Zafar Aziz Osmani, group executive for HR and organisation development at Habib Bank Ltd, Pakistan's biggest private bank, stated this in a conference yesterday where other HR experts argued for more investments in human capital.
He was speaking at the 2nd Annual HR Strategies in Banking and Finance, which was or
ganised by Fleming Gulf, a global business intelligence company. The three-day conference, which ends today, hosted at least 60 industry experts in human resources from across the Gulf region."The way forward to developing a competitive edge is to have an effective resource management system, a technology optimisation programme and an 'out of the box' solutions to human-resource issues," Osmani said.
He added that HR executives must come up with mechanisms on how to deal effectively with such challenges as increased competition in the financial sector, rapid changes in policies and procedures and the shortage of quality human resources.
more...
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