. .

1_popup_home.gif (1391 bytes) cover.gif (6176 bytes)

Cover Story

"Trying to achieve new heights in excellence" Wali Durrani

  1. The leading business schools of Pakistan
  2. Punjab Group of Colleges
  3. "Efforts to establish our own identity" Dr. Qadeer Ahmed
  4. "Supplementing textbooks with local research vital " Dr. Javed A. Ansari
  5. "Trying to achieve new heights in excellence" Wali Durrani
  6. "To remain at the top is not easy" Fazle Hassan
  7. "Need to control mushroom growth of business schools" Luhrani
  8. "Always room for improvement" Dr Anwar Ali Shah
  9. "Aiming to be the best in Pakistan" Dr. Javaid Leghari
  10. "Need for an atmosphere based on mutual collaboration" Adnan-ul-Arabi
  11. "The oldest and the largest private university" Dr. Abdul Basit

The endeavour is to provide education and knowledge to all segments of the society

Oct 25 - 31, 1999

"Productivity is directly linked with education and expertise. While education helps the person in doing things in a systematic and improvised manner, expertise develop by doing the things in an efficient way. The grand vision of Shaheed Hakim Mohammed Said followed at Hamdard University is, Education at Hamdard should touch all spheres of development — intellectual, spiritual, emotional, technological, social and cultural. The education at Hamdard Institute of Management Sciences (HIMS) aims at producing business administration graduates who are as good as the graduates from any foreign university", said Wali Khan Durrani, Chief Executive Officer, city campus and Chairman Center of Excellence for Training and Development.

"Today every one seems to be talking about merit and condemns discrimination on the basis of language, race or religion but Islam provided this belief nearly 1500 years ago. Therefore, it is necessary to understand the word 'Taqwa'. The basis of Taqwa is knowledge and following the divine principles. One gets the systematic knowledge through education and then apply this in a day to day life". these were the words of Durrani while stressing the need for education.

The second theme provided by Islam is accountability. In the real life, to be more specific in business, it is the annual accounts which shows how prudently the business has been run during the year. At the annual general meeting not only the shareholders critically evaluate the performance of the corporation but more importantly review the actual performance against proposed plans. Management also explains the reasons for deviation. This is done to improve the performance in the coming years.

Another concept in Islam is authority vs. responsibility. The people who enjoy higher authority have greater responsibility. I would like to compare a CEO of a company with an ordinary worker within the same company. The worker has to do a small job as per his job description but the CEO is responsible for the entire operation of the company. To ensure that the system works effectively there is a hierarchy and a system for reward and punishment. There is a constant process of review for promotion, annual increment and even for issuing show-cause notices. Therefore, the lynch pin in 'reward for the performance.'

According to Durrani, "The degradation in our society and the distortion in our systems are due to discrimination which has become the name of the game. It has resulted from people enjoying discretionary powers which enables them to make unilateral decisions. This is a by-product of weak system, where personalities are considered more important than the institutions. If the institutions are strong and there are clearly laid down policies no individual can enjoy discretionary powers and there would be no discrimination."

"Having said all this I would like to say that the history of professional managers is not long enough in Pakistan. Still we have pure 'Seth' culture where decisions are made at the top and then managers are required to implement the decisions. Still in some corporations, though in small number, the process of participative management is followed. The people at the lower end make suggestions which are evaluated and final decision is made at the board meetings. With the induction of qualified and professional managers and paid CEOs in corporations, the demand for business graduates is on a constant increase. Therefore the number of business schools is constantly increasing" was an observation by Durrani.

Hamdard University was prompt in realizing the needs of business and responded by introducing new curricula and specialized courses for students and also for in-service executives. The aim was not only to produce MBAs but to educate people who can become leaders in the corporate culture. As the corporate culture proliferate, the need for corporate governance evolves which could be met only through education.

Durrani said, "Please allow me to say that the graduates from Hamdard University are as good as any graduate from a recognized foreign university. This we have planned to achieve through stringent admission test procedure, high quality of faculty and strict evaluation of students before awarding them the degree. The learning is complimented by internship to expose students to business environment and practices in the country."