A case study on “Export Processing Zones Authority”By : Agha Sohail Asif , Manager (Finance) Karachi- Pakistan
Organizational set up
Organization is headed by Chairman,Policy frame work is given by the
BOD, which has nine (9) members . Chairman of the organization is also head of the Board.
Board members comprises of three nominees from Government and five from private corporate sectors (Multinationals & Corporate entities),
There are four operational free zones with one regional office,
Basic Information of EPZA a) It is a tax free industrial estate
working under the Ministry of Industries & Production , Government of Pakistan,
b) It is a self finance organization,c) It has strong income base, high
financial reserves,d) Knowledgeable work force,e) Automation of Revenue Collection
System(covering all income streams),
f) There are five operational departments comprising of Finance, Facilities, Engineering, Administration & security, Investment Promotion.
g) There are mixed employment pattern i.e., permanent & out sourced (146 permanent & 269 outsourced),
Background of Problems
Centralization of Powers, Absences of career planning , Delayed / seniority based Promotion, No performance based incentives
system, No policy of job enrichment,
Issues arising out of Problems
Low level of motivation in employees,
Non- professional attitude towards the work,
Deteriorating efficiency,
Strength
Self financed organization Job Security, Experienced staff due to unique
organization, Incentives to employees and their
families,
Weakness
Inefficiency in work performance, Delayed/ seniority based promotion, Job security ( No fear of losing job)
Opportunity
Export will grow, Flow of foreign direct investment, High Contribution to Govt. exchequer
( receipts of taxes)
Threats
Geo political situation, Regional competition for attracting
foreign investment ( among other EPZ’s )
Solution
HR DIVISION NEEDS TO DEVISE CAREER PLANNING FOR THE EMPLOYEES,
DEVOLUTION OF DECISION MAKING, JOB ENRICHMENT PLAN, TRAINING AND ENHANCEMENT OF
EDUCATIONAL OPPORTUNITIES,
THANK YOU
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