Article
Evolution dynamics of digital HR system at Pak Elektron Ltd (PEL)
Gentlemen, we have an appreciated business history of more than half a century, and the business world around us is changing day by day. To survive in this cut-throat competition, we must discard our traditional approach and update ourselves in line with the best contemporary management practices to gain sustainable competitive advantage. It is imperative to ascertain a digital HR system for managing our human capital and hence optimize the performance of our executives and managers to meet the intensifying demands of today’s technology era. This would be a disruptive change with respect to our legacy system, but we have to decide whether we are ready to change or face the consequences of complacency with our traditional operating system. On 30 June 2010, Mr M. Saigol (Director Operations) Pak Elektron Ltd (PEL) held a meeting with the top officials of PEL to discuss the HR consultant’s evaluation report about the
company. He was convinced that the twenty-first century’s business environment moved towards the survival of the fittest. He was making a comparison of the traditional administrative management style and formal manual HR system being followed in the
company versus a centrally monitored and controlled intelligent digital HR system while benchmarking with the contemporary international practices of emerging markets.
However, he was concerned about how to manage and deploy this disruptive change companywide. “Would it be worthwhile? Is it the right time or can we defer the decision to some later point in time? How to bring about or settle this huge organizational transformation?”