Competitive Markets, WFH, Saiths, HR & Talent. The way things are evolving & the way the pandemic is settling in we are in for the ride of a life time with regards to our markets being more closed loop than competitive. We will have further job losses led by saiths optimizing 4
Personalities vs talent and Dumb ass HR heads optimizing at the cost of the work force.If you follow me u know that I'm no fan of second, third generation led businesses run by millionaires in training who consider them selves entrepreneurs & equally not a fan of traditional HR
Heads who either due to loyalty, fear, control, coercion and lack of the saiths understanding around human capital have provided a dis service to this nations human capital.Most HR heads have a serious occupational complex. They will never be paid as much as the CXOs/professional
Management teams, because historically they are also a product of the system. What do I mean? Do a linkedin search for HR heads at local companies. Most of the folks aren't classically trained via an educational background in human capital development. So I dug around.
Most HR practitioners are those who typically didn't want to or couldn't do much else in their careers. I hate to generalize but do your self the courtesy of said LinkedIn search. The anatomy of said HR leaders says that they at best were average students at avg universities
The smart ones went on to do typically hard things such as engineering or medicine & the undecided went on to do liberal arts. But the ones whose calling in life wasn't particularly well defined, fumbled & pursued a bachelor's degree akin to a mix chat. This mix chat syndrome
Got us subpar grads who didn't passionately cry at night reading HR theories and wanting to be the best they can be, they were the average folks who did average things to then get into average roles. The only not so average thing about them was the desire to no longer be average.
Let me explain. When you have a hard life, given you end up in a position of leverage or dominance u develop insecurities & complexes that can be best summed up as the TSA syndrome. What that is, the person who is an outsourced contractor at western airports manning the Xray.
The power dynamics are such that, the person who makes minimum wage is the gate keeper to your entry at the airport, your flight & your destination. These saith led HR mavens are the same. They wield outsized power and act as gatekeepers in a market where ppl don't have choices
There in lies the fault in our stars. Self professed brown nosing politically savvy cockroachesqeue individuals who understand politics, power dynamics and the saiths ego and their need for outsized loyalty, slowly work their way as the gatekeeper to the saiths world. How u ask?
Saiths aren't angels. Most of them are hiding organizational issues to labour issues to under paying and breaking known regulatory items. It's a marriage of convinience. The price of admission to the saiths club is to be an extension of their implementation tool kit. Those who
Learn to never question the saith. Do very well. Those who are ruthless as the saith and or worse do the best. But what it doesn't do is bring out the best in people be it HR leaders or the talent that gets hired into otherwise decent looking organizations because of the lack of
A decent organizational culture that nurtures personal and professional growth. If at the helm of any organization there is an owner operator who made it big by squashing the hopes dreams & aspirations of the general public by the support of an HR leader who acted as an enabler
Then there is little to no positive culture. Rather a toxic environment that people get caged into as the general public has little to no options. A closed economy problem that my friend @Huk06 so passionately hates. Now imagine if the market was competitive & not saith led?
The first thing would be that would not get genetically led management teams. Much like politics the awam becomes the subject off the offspring how ever far the apple may have fallen from the tree. Also we'd not get munshis masquerading as HR leaders. We don't have an HR problem
What we have is a munshi problem. It's true. Most saith based businesses replaced their traditional munshi who was a trusted person but not some one who had real power besides the saiths ear. HR heads perform similarly to a munshi but the world has moved on. We are left with the
Munshi mindset in a digitally led world, with saiths that have a diminishing return on their human capital investment because they have made none. Making our workforces drones for doing tasks vs being trained to think, execute or grow professionally. This is only getting worse
As the aging work force in current roles has no new skills,they will be replaced with millennials who will not stand for unfair treatment handed out the generation prior,the saiths children view the world from rose colored glasses & wonder why their companies aren't like Disney?
Add work from home an increasingly young urban work force & the ability to do virtual or offshore work, the power dynamics will soon change but sadly for a very small majority who have digitally monetisable skills. The rest will have to put up with saiths and talent developers
Big and small that really have no interest in skills development. Some one pointed out to me a construct that clearly defines the mindset of HR leaders & how people view self worth with the wrong lense. The person is a behavioral psychologist. They said to me look at the car
And it's parking location for HR Leaders in saith led companies big or small in Pakistan. I cursorily ran a metal image in my head of the HR folks I know.They then asked me to tell them what cars they drove & I was stumped with an outsized data point that most of these folks have
Big ol cars. Meaning 15-20 yr old Suvs or jeeps or what he called the 'pajero' complex.They can't be the saith so can't buy a new ones but will typically get used ones with clean tyres and park near by.They said to me this projection of self worth & importance is a tell tale sign
Of an unhealthy and potential power dynamics at companies. They said to me, that is not always true but some thing to keep in mind. How HR leaders project self worth by showing 'they have arrived' vs for example displaying a book case in their office full of the current
Literature around HR or organizational best practices. This conversation was a revelation. Again can't cast all into one mold but it is food for thought. So startups I'm looking at you to bring competition to our markets & give talent the opportunity it deserves so that the young
Folks have opportunities at scale to be judged for their courage to take decisions and be given the chance to experiment vs being marooned into drones that loose out their intellectual curiosity under the guise of yet an other sahab who is a proxy for a saith.
There are 2 many proxies & we need radical change.Radical change comes when we move to a professionally driven environment,that happens when we are no longer in a closed economy where we are only competing at best, internally. Talent development or the lack of it is a real issue
We need better leaders, coaches, mentors, business owners and most of all empathetic classically trained HR leaders in the art and science of organizational development vs being classically trained as munshis who serves as a yes man to saiths.The saiths will go & we will be left
Left with an ineffective aging workforce devoid of real skills and in demand expertise.Just because we have a manpower surplus doesn't mean we have an efficiency surplus. By adding more people vs more talent to solve for things we are only delaying the inevitable demise of things
Act now. Learn new skills even if it's on your own. New Market economics dictate that u don't rely on ineffective leaders for change. @rebootdude @jehan_ara @LabsKatalyst @babushka99 @fmsheik @YusufJan @Ash_Kalim @raza_matin @SaadGH @TalhaIzhar @amaarikhlas @FaizaYousuf @ZMoosaPK

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More from @faizansiddiqi

5 May
The best way to manage political un reset is to make sure that political parties conduct annual elections and family at large can't be at the helm for more than a year. Interesting yet is the fact that the self proclaimed educated party members continue to rally and support
Dynastic politics. Nothing has been more responsible for the regression of the nation more than this singular unfortunate two party system for decades & now the suffering will continue for the awaam at the hands of the kids of the same leeches who have economically done us in
More fascinating is the support and endorsement 60+ yr old party members continue to give pea brained harbingers of the next generation. No better self serving insurance scheme than in Pakistan where the people pay the premium of the destruction these charlatans bring.
Read 21 tweets
4 May
Roshan Digital Accounts to be converted to Digital Bank Accounts.. Makes you think, local banks barely have their services digitally enabled for the clients whose deposit baSes results in their profits, but it's clearly more imp to have digital accounts for NRPS. (Let it sink in)
Similarly give them cars at cheaper bank rates and not only that, enable them to stop using hundi to send funds back. pakobserver.net/roshan-digital… . The Hon SAPM said it not me. So the problem is in-bound hundi:) Boggles the mind how far and wide this circus has gone.
What about those in corridors of power & patrons of influence who have been using hundi to wire money out of the country?Basically if they decide to bring that cash back, it gets legal protection, cheaper interest rates, faster car delivery and a special place in the SAPMs heart.
Read 13 tweets
4 May
Small business funding + business training on running a micro enterprise for young entrepreneurs esp women needs to be thought through as a tool for empowerment, economic growth and finial inclusion. How so? We need to power other people's ability to fail and make failure safe.
So if you are a no-body with some money in the tank, this is how you help break this circle of life by funding young fe(male) entrepreneurs in this country at a low low entry price sans daddy dollars. The concept is simple, you need to enable others to build either your idea,
a shared idea or their idea, but with the catch that they deploy the MVP or business in under 60 days. It could be as simple as funding some ones inventory or as complex as a Monetization idea for m-commerce.
Read 15 tweets
4 Apr
There is a real opportunity lurking in a host of govt entities. My current fav is the Utility Stores Corp of Pakistan. Some stats below around their makeup.
Interestingly enough their biz model is to use your and my tax rupees and subsidize products. Clearly can't expect govt to figure out a sustainable biz model. But I digress. What caught my attention was this news story. google.com/amp/s/www.dawn…
So this story came out in March and by July the utility stores corp will be digitized. I mean I'm all for it but who are the miracle workers who will usher us down this path. We'll your friendly PTCL yup u read that right. A company they can't get its own house in order.
Read 10 tweets
3 Apr
Offline distribution eats digital distribution for lunch in PK. The real oppty is infra and investments in bridging the offline to online gap. We arent ready for digital first only products for the mass market, what wins in the end has to be hybrid..
Because u can't service offline ppl in an online channel only. We continue to build products like lending, digital banking etc these aren't for the masses we are modeling at best the urban or semi urban poor from our ivory towers.Thinking what service they want or need. Bad idea.
Delivery not just ecom related but last and middle mile is key. Supply chains are broken but they don't need to be. If u are some one sitting on cash instead of real estate invest in logistics even if it's two guys and a truck. Idea is to deploy it in the right market.
Read 12 tweets
10 Feb
Our univ & startup curriculum are broken. Most treat education like buying vegetables so long as u generally do ok no one will worry about the specifics. Visiting faculty is akin to educational malpractice(see this nugget floating around that got fwded) some one with 3yrs of exp
Teaching others their craft. The odds of that skill existing and then transferring is as low as u getting diabetes from watching some one else eat a cake. Worse is when these visiting clowns teach u entrepreneurship or courses on startups. Given u saw their own intake is corp exp
Here's what they don't teach u in school & after meeting 100s of founders if not more n working with them, I wish they did teach. If you are willing to invest 4 mins of ur time vs 4yrs to give this a quick read u may walk away better informed. No guarantees but it's worth a shot
Read 18 tweets

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