He will be unless he backs out.
Great Job guys, well done
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Well Done Siasat.pk. Congratulations To Whole Team of Siasat.pk. Great Work. Waiting For the Complete Interview.
He will be unless he backs out.
He will be unless he backs out.
Haha so Asad Umer won't take him to courts ?
And what happened to the corruption cases against the QWP ministers ? Does Asad Umer has any proofs against their corruption ?
Haha so Asad Umer won't take him to courts ?
And what happened to the corruption cases against the QWP ministers ? Does Asad Umer has any proofs against their corruption ?
You just contradicted yourself a couple of times in there.
If at all it was a board request for him to resign, and he 'tendered his resignation as if noone told him', then how did this board information get to Haroon Rasheed? And why does Haroon Rasheed want to flaunt it only after he has been shunned by PTI?
Secondly, your company CEO resigned. And you followed that statement with 'unconfirmed rumors'. So lets not get into assumptions here in our attempt to justify something that is pretty lame. Asad Umar has termed it a blatant lie. If there was any truth to it, you would think that some director from engro would come out and support that assumption, whereas that is not the case.
Haroon Rasheed may have his good points, but his habit of always being right, and always having the best sources is akin to him being another Najam Sethi. As a responsible analyst, it is his job to verify anything that his source tells him. Without verification, he is just as big an *** as his source.
Fact of the matter is we are prestigious that make us bias. If we hold ourselves to merits then we are able to draw lines and progress.
Haroon Rashid may had information about Asad Umar's incumbency failures but as independent you may observe some weird decision at Engro.
For instance, I mention one thing, otherwise many can be quoted here:
Engro Food uses Tetra Pak for packaging it's products which are perceived to be "recycled" but we know "rate" of recycle in Pakistan.
Tetra Pak is mainly made up of wood and Engro was 18th largest customer using Tetra Pak in 2011 and that year it consumed one billion paks.
While Pakistan heads in Asia in deforestation and per capita is only 0.05 ha against world average of 1.0 ha.
Engro spent Rs.186 million in CSR projects among which 16% were in building "model" village destructed by floods which obviously could be prevented through having more forests.
In contemporary management studies we call it as "reactive" planning rather than much preferred proactive and we also study golden principle as: doing the right things instead of doing the things right!
As CEO you are meant to draw corporate strategy which is redefined by Michael Porter at Harvard Business School as: what good for society is good for business, not the otherwise classic view as: what good for business is good for society mentioned by Milton Friedman.
There could be argument as Asad Umar was not alone in making decisions but he definitely had a voice and key player in such matters.
where is the full interview........
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