BLOGS

Role of Mathematics in Economics

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Traditionally, application of mathematics had been restricted to the physical sciences, and the theories in the social sciences had been neglected, but in these days we notice that mathematical economics is flying high. We also observe that the articles on mathematical economics[…]

Managing Change Balancing Business and People Side of Change

Faiez Hassan Seyal | Presented at “National Conference on Business Administration and Economics 96”organized by Institute of Business Administration, University of Karachi held at Karachi, Pakistan from July 20 – , 1996 Introduction Change comes these days whether we want it or not, sweeping through our lives and organizations like a fast train on a straight[…]

Towards A Total Quality Culture

Faiez Hassan Seyal | March 1998 Introduction Having been involved in implementing Total Quality (TQ) in Pakistan, I am often asked about the progress being made by organizations in implementing TQ as a strategic issue. Based on our research of 70 medium-sized companies, an examination was made of key issues as they impact TQ. The first[…]

Leading the Change from the Inside Out

Faiez Hassan Seyal | Published in “Ace Watch”, Volume 1: Issue 1, (January, 2000) Since the past one decade or so, a lot is being said about the “change”. Almost every individual and every organization is dissatisfied with the status quo and is desirous of “change”. Interestingly, everyone is talking about change, seeking for a[…]

Lead the Change from the Inside Out: Principles and Practice of Motivation

Faiez Hassan Seyal | Presented at “International Convention on Quality Improvement (ICQI-2000)” organized by PIQC and EPB held at Lahore, Pakistan from November 14-15, 2000 Introduction A large company had been continuously losing its market share since 1994. With the ever-increasing cost of operations coupled with poor customer service and vendors/dealers relations, added with lost employee’s[…]

ISO 9000 – Abacus Experience in Pakistan

Faiez Hassan Seyal | Presented at “1st International Convention on Quality Control (ICQC-95)” organized by PIQC and EPB held at Karachi, Pakistan from October 7-9, 1995 ISO 9000[1] and TQM are probably the most talked about topics in Pakistani corporate world today. Very few businessmen, though actually realize what it really means to their businesses. The[…]

Total Quality Leadership (TQL) Model

Faiez Hassan Seyal | August 1996 Background After the World War II, Japan was in a state of crisis. It was struggling to rebuild its economy and put people to work. This involved more than just getting the factories running again. Even if they could get the production flowing, who would buy the goods that were[…]

Total Quality – A Strategic Issue for the 1990’s

Faiez Hassan Seyal | Presented at “2nd International Convention on Quality Control (ICQC-96)” organized by PIQC and EPB held at Karachi, Pakistan from October 1-3, 1996 Introduction Having been involved in implementing Total Quality (TQ) in Pakistan, I am often asked about the progress being made by organizations in implementing TQ as a strategic issue. Unfortunately,[…]

Total Quality Leadership (TQL): What and How Successful Leaders Do It?

Faiez Hassan Seyal | Presented at “3rd International Convention on Quality Control (ICQC-97)” organized by PIQC and EPB held at Karachi, Pakistan from October 7-9, 1997 Introduction In the past few years, an increased number of Pakistani companies have been struggling to implement total quality (TQ) initiatives. But we find that most of these TQ initiatives[…]

Human Resource Development and the Future Challenges

Faiez Hassan Seyal | Article Published in “Pakistan Management Review” Fourth Quarter, 1990 Statement of the Problem Only a decade ago, the term management was scarcely cognizable except in its initial connotation of arranging items methodically. Now the Management Community is pulsating with a new vigor, widely known, alive, searched and researched. Times are changing with[…]

Islam and Human Systems Development

Faiez Hassan Seyal | 1992 Management theories date back thousands of years, but a more organized and scientific approach to management has emerged only in the last one and a half century. Over the course of this period, hundreds of new management theories were given by various authors but basically three main schools of thought[…]

Reward and Career Management: What’s Important and What’s Not?

Faiez Hassan Seyal | March 1996 Background It was the howling of a lonely dog which brought Salman back from the sleep which had engulfed him a few minutes ago. He sat bolt upright and realized that his computer was on and even his cigarette was still burning and piling up a column of ash.[…]

Social Accountability 8000 (SA8000): Blessing in Disguised

 Faiez Hassan Seyal | June 2002 Introduction: Like ISO[1] 9000 and ISO 14000, now the fever for SA-8000 certification is catching up corporate sector in Pakistan. The major brands[2] in the west and in the North America are exerting tremendous pressures on their southeastern suppliers to get their manufacturing facilities SA-8000 certification. Failing to comply[…]

United Nation’s Universal Declaration of Human Rights and Islam[1]

Faiez Hassan Seyal | September 2003 Introduction On December 10, 1948 the General Assembly of the United Nations adopted and proclaimed the Universal Declaration of Human Rights the full text of which appears in the following pages. Following this historic act, the Assembly called upon all member countries to publicize the text of the Declaration[…]

Success Story of Wal-Mart Inc. – A Guideline for Pakistani Businessmen

Faiez Hassan Seyal | Authored in 1991 Introduction[1] This brief article is an extract from my research paper written during my master’s degree in the United States. During my initial research to find a success story, I read in a magazine about the world’s 50 richest people. On that great list, there was a name[…]

Towards a Green Pakistan: A Behavioral Approach

Faiez Hassan Seyal | Presented at “4th International Energy and Environment Conservation Symposium 1996 organized by South Asian Cooperation in Energy and Environment held at Islamabad, Pakistan from December 15-17, 1996 Introduction Environmental degradation, ozone depletion, pollution, deforestation, green-house effect, global warming and acid rain – these are some of the words and phrases used by[…]

Social Security – Problems and Solutions

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Social Security-officially called old Age, Survivors and Disability Insurance (OASDI), is the biggest social welfare and Insurance program of the United States. It was begun in 1935. In the beginning, this program was like a private insurance system. In which individual would[…]

Foreign Debt and it’s impact on Developing Economies

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989  Introduction In this age of rapid growth and development in every walk of life, it is very difficult, rather impossible for a country to finance all of its development expenditures with its own resources. Therefore, to cover up the gap between its expenditures[…]

Effect of Retailing Industry & Wal-Mart Inc. on American Economy (1973-1982)

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Macroeconomic variables keep on changing and these events constantly make news. Price, interest rates, output and employment rise and fall. The economy can face either the inflation or the recession or the combination of both known as stagflation. Eleven times in this[…]

Urban Transportation Problems in Pakistan

Faiez Hassan Seyal | Authored during M.A. (Public Economics) degree between 1987-1989 Introduction Urban transportation has become a major concern of Pakistani’s life and public policy. There is no doubt that Pakistanis are becoming urban people, more and more people are migrating towards urban areas. The roads of Pakistan have become over populated and congested.[…]