Tuesday, November 30, 2010

Curved mobile phones

"Mobile phones have come in all manner of different shapes and sizes over the years. Standard candy bars, clamshells, sliders, swivel designs - even odd origami-like multi-twisty phones. One thing all these different phone types have in common, though, is flatness. The fascia of the phone is always completely flat, largely because the screen itself has to be flat...."

Wednesday, November 24, 2010

10 Careers With High Rates of Depression

Some jobs are more depression-prone than others. Here are 10 fields (out of 21 major job categories) in which full-time workers are most likely to report an episode of major depression in a given year. “There are certain aspects of any job that can contribute to or exacerbate depression,” says Deborah Legge, PhD, a licensed mental health counselor in Buffalo. "Folks with the high-stress jobs have a greater chance of managing it if they take care of themselves and get the help they need.”

Monday, November 22, 2010

Evaluate Business Performance Through Knowledge and Training Skills

When any business has invested in some training, how we would know if it has been a success? This article explains the way to evaluate any business performance involved in training.

Tuesday, November 16, 2010

Implementation Of Reformed GST In Pakistan

Pakistan is in dire need of increasing its tax revenues by implementing a broad-based modern form of sales tax on goods and services. The Sales Tax Act, 1990, was originally designed on the basis of accepted value added taxation doctrines but due to political compromises and revenue exigencies, it increasingly became distorted and narrow-based because of ever-expanding exemptions, special regimes, multiplicity of rates and several other deviations from international best concepts and practices. Resultantly, not only the tax base of sales tax and income tax has been eroded but also lack of documentation of the national economy has proved a big hindrance in the development of effective tax policy options.

Sunday, November 14, 2010

Economic and Business Updates - From 1st November to 7th November, 2010

The State Bank launches a Rs10 billion concessional financing scheme for SMEs and agricultural sector through banks to improve access to financing in flood-affected areas. And much to the dismay of the consumers and general public, OGRA increases prices of petroleum products by Rs4.27 to Rs7.11 per litre or up to nine per cent with effect from November 1. Read the full report at: Financial Risk Manager: Economic and Business Updates - From 1st November to 7th November, 2010

Tuesday, November 2, 2010

The Mismanagement of Pakistan Railway

Whenever Mr Bilour takes over the Railways, rather I should say “every time” Mr Bilour takes over the Pakistan Railway, it suddenly goes bankrupt, as if it wasn’t functioning at all previously. A few days ago, the honourable minister lamented, “We even do not fund to purchase bulbs for the trains.” This was followed by a news item that most of the engines were standing idle for want of spares, quoting the railway minister. It is amazing that while all trains run jam packed, the railway still run in losses. I would like to ask the minister what actions has he initiated for putting the railway back on track - ordering engines from a failed firm from China or something else? It hurts to see once very efficient organization become useless, inefficient, unyielding and dying.

I was once part of a study group on human resource development and management and we went to the Railway Headquarters in Lahore to get educated as to how they, the biggest non-army human resource intensive organization in Pakistan, were handling their HR effectively. And I and the remaining group were appalled to know that Pakistan Railway did not have a dedicated HR department. Now that is something very awesome and strange as such strategic organizations do not run on personal whims or past experiences. Like the airlines all over the world which have a pilot-crew-ground maintenance staff in a given ratio to each aircraft, the same ratio should also apply to the railway as well. Each train should have a ratio of drivers-guards-maintenance staff. Do we know this ratio or does the minister?

Recently, Pakistan Railway decided to cancel/suspend over 200 hundred trains for want of spares and shortage of funds. But what about the staff and manpower allocated for the suspended trains? Have those people been laid off or still getting salaries for doing nothing? A prudent minister should have ordered laying off the surplus/idle staff rather than lamenting the engines standing idle for want of spares. Even the services of these people were not utilized or offered to the Army and other agencies that were battling the recent flash floods and evacuating people. At least this idle work force should have been put to work rather than sitting idle.

The only time I remember that Pakistan Railway ever undertook a worthwhile modernization; it was during the “dictator” Ayub Khan’s time when the Lahore-Khanewal section was electrified to run electric trains. No government after the “dictator” could extend it to Karachi to save time and have faster trains service.

Even at this time, while most of the railways of the world are fuel, manpower and equipment efficient, our railways lacks any modern look. It works on the same vintage signal system, it is intensively manpower heavy which is a drag on the resources of the organization. Perhaps even the Railway itself would not know how many employees has it on its rolls or whether they are actually required or not.

Our railway does not computerized its ticketing system and no facility exists in this modern world within this giant organization to extend the facility of online ticketing to its passengers. Nor does it provide concessional packages for family travel or have a formula to apply on the fare during peak rush hours. Its platforms are the filthiest, infested with substandard cafes selling unhygienic foodstuff to passengers travelling in the trains. The trains are equally dirty despite the battalions of labourers and train staff to clean these and keep these so even during the travelling duration. One can still find cold drink sellers shabbily dressed carrying pales “balti” with ice and cold drinks and selling these onboard. It seems as if these trains are run by illiterates or by those who do not seem to have seen railways functioning around the world and how passengers enjoy a clean and hassle free journey abroad. We do not ask for bullet-trains in Pakistan, but at least these should be worth travelling.

I think time has come that affairs of failing and unproductive strategic assets like the Pakistan Railway, Pakistan Steel and PIA be handled professionally and instead of swarming these with unskilled workforce from political parties, a proper operation research be carried out to ascertain the actual requirement of the staff/workers/labourers and even management to operate these organizations effectively rather than pouring in money and still not yielding the desired effects, and make these parasites on national exchequer and tax payers money.

Monday, November 1, 2010

The CareerBoost

We cannot ignore the fact that work and workplace can be very frustrating at times and in a situation like this, the quality of the work suffers badly. Let’s face it; doing a job, handling issues, dealing with a stubborn boss, etc. can be very stressful but you have to do it in any case. A perfect working place where there are no issues exists only in your dreams. If you are stressed out at work and if you do not have a healthy mind, you cannot concentrate on your work at any cost. Even if you hate your workplace, you are supposed to respect it. You need to understand the fact that you won’t be able to succeed in a situation like this where you are under stress all the time. Read full article at: Career Articles & Advices - The CareerBoost

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