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Problems and Challenges in Human Resource Management

Pakistan Journal of Commerce and Social Sciences 2008 37 Problems and Challenges in Human Resource Management : A Case of Large Organization in Pakistan Ali Irshad MBA, Management Associate (Trading Credit Risk Management ), OCBC Bank, Singapore E-mail: SHAMAS-UR-REHMAN TOOR (Corresponding Author) PhD Candidate and Research Scholar Department of Building, Faculty of Design and Environment, National University of Singapore, Singapore E-mail: Abstract This paper critically analyzes the work culture for a mainstream financial organization operating within Pakistan, while drawing a specific example to elucidate certain dilemmas that impede the potential growth for the financial sector and its constituent workforce, besides hampering the performance of the organizations.

uncertainty. Necessary lay-offs have exacerbated the situation by reducing the organizational loyalty to new lows. Several scholars describe this situation as “war-for-talent” (Hargie, 2004; Michaels et al., 2001). A study of McKinsey & Company consultants exposed the “war for talent” as a strategic business challenge and a

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