Today Pakistan stands in the Global Competitiveness Index ranking at as low as 126 out of 136 nations. The report shows that there is a high degree of positive correlation between overall competitiveness and Management expertise. Thus, knowledge alone isn’t enough if it is not translated into professional skills. For Pakistan to make significant progress, it is imperative to develop internationally competitive Human Resource at all costs. However, this is only possible if there is a strong linkage between Academia and Industry which would eventually boost the economy of this nation. Furthermore, cutting-edge research is needed which if implemented by policy-makers can revolutionize the whole system. Therefore, a positive involvement by the government can enhance the prospects. The China-Pakistan Economic Corridor (CPEC) is one such project on which the future of this country depends and a team with enough professional acumen for this important venture is needed as well.
In the light of above-mentioned facts, I am extremely pleased to know that the Office of Career Services (OCS), a designated body of UMT has come up with the plan of initiating a think-tank called, “Innovation Capital Development Forum (ICDF)” which will prepare graduates as both entrepreneurs and executives.
It is said that “small minds discuss people; average minds discuss events; great minds discuss ideas.” I am excited about this development as I strongly believe in the talent and potential that exists in the individuals of our society. I wish the entire team of OCS best of luck in contributing towards making Pakistan more prosperous – as envisaged by its founder, Jinnah.
Dr. Hassan Sohaib Murad (Late)
Chairman, ILM Trust and BOG, UMT