A knowledge based executive management is the key to success for a business, said Chief Executive Officer (CEO) Small and Medium Enterprise Development Authority (Smeda) Shahab Khawaja.
He was speaking at the concluding ceremony of a 5-day workshop on "Executive Management for SMEs" here on Friday. Ms. Miura Yoshiko, representative of the Pacific Resource Exchange Center and Yoshida Masaki, Chief Executive Officer of the Venture Support Network Co Limited from Japan also spoke on the occasion. Syed Hussain Haider spoke on behalf of the participants of the workshop on this occasion.
Shahab Khawaja said that human resource development was not just an outcome of the education rather it is a science based on the strategies that are pursued to finance and develop managers, scientists and engineers etc.
He stated that total population of Pakistan was around 150 million, out of which about 88 million belonged to the labour force.
'SME sector is the major source of employment for the labour force in the country, therefore, the improvement in executive management of the SME sector means the development of the human resource ultimately', he added.
Ms Miura Yoshiko of the Pacific Resource Exchange Center, Japan, in her address said that Pakistan had a huge potential in the SME sector.
She was impressed of the desire of SMEs to learn modern management techniques. She observed that the 5-day workshop had open up a long-term relation of Japan with Smeda as well as SMEs in Pakistan.
She hoped that this relation would lead to other joint activities of the same sort, for development of the industry as well as business in Pakistan.
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