Foreign managers
This is in response to a letter published in 1st August issue of The Daily Star entitled “Foreign Managers” by Syed Imtiaz Ali. Mr. Ali stated that most large MNC's operating in the country have foreign managers at the top level of management. He also was surprised that local business schools aren't producing good managers who are at par with their foreign peers. It's true that we have foreign staff at the helm of most of the big multinational corporations and consultants operating in the country. Before I begin I would like to state that I have completed my business degree in one of the reputed private universities and internship in one of the large telecom companies.
Analysing and studying various business journals, articles and the profiles of top CEO's, CFO's, financial analysts and managers, during my course work I would like to shed some light here. First of all, our education system is not capable of producing graduates and managers to run, operate and manage large corporations as we see in the US, Europe and the developed world. What will you expect from students who come from different educational backgrounds who can have their MBA's completed in our universities without having any work experience, English proficiency, and leadership qualities? In reputed business schools around the world these are very important admission criteria for students to get enrolled in their MBA programs and other professional courses. I have seen students from social science, English and other non- business background in their bachelors not to mention poor English language proficiency doing MBA's, ACCA and other professional courses. What can you expect from these students in the long run? I know we have relaxed rules due to our social, cultural and financial reasons. It's sad yet true.
Our managers and graduates simple don't have that kind of expertise, experience, knowledge and integrity to be at the helm of these global corporations. Our managers and graduates don't have that kind of knowledge and business communication techniques to deal with these corporations and the outside world.
Let's face it, we will not have the opportunity to see a locally educated, trained and experienced CEO to lead a Fortune 500 company in near future. I would like the readers to comment.
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