Tag: (IoBM)

Karachi, January 25, 2022 (PPI-OT):This case study explored the impact of the Individual Life Assurance System (ILAS) on the net benefits of EFU Life Assurance Ltd., a leading insurance company in Pakistan.

Abstract

This case study explored the impact of the Individual Life Assurance System (ILAS) on the net benefits of EFU Life, a leading insurance company in Pakistan. EFU Life implemented ILAS in order to overcome the challenge of technical limitationns and unavailability of modules. The study conducted a survey of people across all departments in EFU Life to assess the performance of ILAS on the company net benefits. The research framework was formulated based on the Delone Model in the context of Pakistan [13]. This study added the Service Quality to the existing System Quality and Information Quality that are used to gauge the Organizational Impact in the original Delone Model [13].

Moreover, our model also incorporates Top Management Support as anantecedent of Quality, User Satisfaction, and Net Benefit. The ultimate aim is to find a way to enhance Net Benefits. The research argues that improved Quality as a result of Top Management Support reduces /eliminates wastage of resources and helps the org anization in achieving profits, hence, the increase in the Net Benefits. It is found that Top Management support enhances user benefit and therefore recommends top managers to be fully involved and support a suitable environment and culture for the positive change in the organization’s image that is extremely important for user satisfaction.

It is suggested that there is a need for top managers to arrange resources required by the users and encourage a user – focused organizational environment to promote user satisfaction. Involvement and support of top managers can also make the overall organization succeed, and its evidence can be seen in current research in the form of top management support’s positive effect on the net benefit of organizations.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, January 16, 2022 (PPI-OT):Tariq Khan, the author of ‘Leadership in Changing Times’, was in conversation with Javaid Ahmed, at the Institute of Business Management (IoBM), Karachi on Saturday. Present on this occasion were Talib Karim, President IoBM; Khalid Jawed Khan, Attorney General for Pakistan, along with corporate executives of Pakistan. IoBM’s Rector, Deans, HoDs, faculty, management, and students were also present.

The fireside chat explored various dimensions of the book especially the topics such as leadership, innovation, adapting to change to name a few. Tariq Khan said that rigid leaders are forgotten soon while adaptive leaders are remembered for changing the environment with time. When talking about cognitive flexibility with adaptive leadership, he said that healthcare is a prime concern in changing times and in the current post-pandemic era. When discussing women in leadership positions, he said that Pakistan will reach new heights of success when women’s empowerment is encouraged in all fields.

During his speech, Khalid Jawed Khan appreciated Tariq Khan’s endeavours to write an in-depth book on leadership. He said that leaders lead by example and extract the best out of their people. Talib Karim, during his concluding remarks, acknowledged Tariq Khan’s initiative to discuss leadership and its various traits. When discussing leadership, Talib Karim appreciated the Pakistan government’s stance on fighting Covid-19 and the effectiveness of implementing rules in such uncertain times.

Tariq Khan is the Founder and CEO, Global Diversity Marketing; Adjunct Professor, Marketing and Leadership, New York University, and Chairman, Board of Trustees, Stratford University, Virginia, U.S.A. The moderator of the session, Javaid Ahmed is Head of Strategy and Accreditation, IoBM; Consultant and Trainer, Strategic Planning and Market Creation. The event was moderated by Dr. Asima Faisal, HoD, Health and Hospital Management Department, IoBM.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, January 12, 2022 (PPI-OT):The Orientation for the newly admitted students in the Spring Semester 2022 was held on Saturday, January 8, 2022, at the SSK Center of Excellence. The Master of Ceremony (MC) was Dr. Asima Faisal, Head of Health and Hospital Management, IoBM. The program began with the recitation of the Holy Quran by Mohsin Ali (BS-SESL) with the translation by the MC. The Orientation Programs at IoBM are organized under the inspiring guidance of Ms. Sabina Mohsin, Executive Director – Human Resource, Administration, and Admissions.

During his speech, Mr. Talib Karim, President IoBM said that we need to inculcate values among students to develop future leaders and the biggest strength of this country is the youth. He said the country offers natural resources. The youth needs to explore them and make good use of them for the future He said our ancestors sacrificed greatly to earn a separate homeland; we must give respect to this country. We must not take the country and its resources for granted. He advised students to treat their parents and teachers with respect. President IoBM said that at IoBM we seek to create job creators. The Incubation Center plays a vital role in fine-tuning the students’ viable business ideas into a reality.

Earlier, Acting Rector Dr. Tariq Rahim Soomro, during his Welcome Address shared with students that at IoBM “We” is used in place of “I”. He added that the practical learning acquired at IoBM will help students become attuned to the concepts and processes to understand the fields of their study. He advised students to give worth to their words and be honest in personal and professional activities. He was confident that the new students will bring fresh ideas to IoBM.

Dr. Asima Faisal shared insights about the student societies and how they inculcate in students values such as teamwork, confidence, and commitment. She also mentioned the students exchange program, its viability in the long-term for the students, and its importance in learning about the various global cultural dimensions. She duly mentioned that students must respect their parents and also give due value and recognition to their grandparents for the love and compassion they spread with their presence.

While sharing the alumni experience, IoBM’s graduate, Abdul Moiz, MTO Retail Banking Bank Al-Falah said that he achieved the first milestone when he was accepted to study at IoBM. He emphasized the power of teamwork and how it will facilitate students to become successful. He shared about the student exchange program and how it inculcated in him knowledge about foreign cultures. He was confident that by joining student societies the students will play a major part in addressing the socio-economic challenges facing the country. He said that IoBMs Incubation Center, the Shahjehan S. Karim Incubation Center – named after IoBM’s Founding President, is geared to provide mentorship and opportunities for investment. He said that working hard is the key to success but working hard in the wrong direction will lead you to nowhere.

For more information, contact:
Institute of Business Management (IoBM)
Korangi Creek, Karachi, Pakistan
UAN: +92-21-111-002-004
Tel: +92-21-35090961-67
Fax: +92-21-35090968
Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk
Website: https://www.iobm.edu.pk/

Karachi, January 03, 2022 (PPI-OT): Today’s world is significantly changing from time to time due to the advancement of technologies. The market has reflected the kind of community we are living in. We are now entering the robotic world that has impacted the human workforce. This means most humans will work remotely while robots perform their tasks.

The skills gap for demanding technical skills in companies is growing and has led to the emergence of technologist specialties. The Covid-19 pandemic has further increased the skills gap and accelerated digitalisation in all sectors. This article discusses the top 10 technical skills that people need to learn to remain relevant in technical job markets in 2022.

For more information, contact:

Institute of Business Management (IoBM)

Korangi Creek, Karachi, Pakistan

UAN: +92-21-111-002-004

Tel: +92-21-35090961-67

Fax: +92-21-35090968

Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk

Website: https://www.iobm.edu.pk/

Karachi, January 03, 2022 (PPI-OT): The Institute of Business Management (IoBM) and Solutions-Inc signed a memorandum of understanding (MoU) on Thursday, December 30, 2021. Through this collaboration, IoBM becomes an academic strategic partner for the upcoming 8th Pakistan CIO Summit and 6th IT Showcase. Moreover, it will help bridge the academia-industry gap. The signatories of the MoU were Dr. Imran Batada, CTO and Director CIT, IoBM, and Mr. Kamran Saeed, CEO Solutions-Inc. Present on this occasion were IoBM’s President, Mr. Talib Karim; Dr. Tariq Rahim Soomro; Rector; Dr. Shujaat Mubarik, Associate Dean CBM; and Dr. Seema Ansari, Associate Dean CES.

 

For more information, contact:

Institute of Business Management (IoBM)

Korangi Creek, Karachi, Pakistan

UAN: +92-21-111-002-004

Tel: +92-21-35090961-67

Fax: +92-21-35090968

Email: omer.iftikhar@iobm.edu.pk, mec@iobm.edu.pk

Website: https://www.iobm.edu.pk/