Much has been said about the rise of the startup ecosystem in Pakistan. From enthusiastic cheerleading to words of caution and cynicism, there is actually very little which has not been said about the tech-driven revolution that has everyone’s attention.
One of the things that has perhaps not been said enough, however, is the very obvious disruption that the startup ecosystem has caused in Pakistan’s highly skilled labour force. In this week’s cover story, we have profiled five men and five women who are working in different startups across the country. Some of these are senior executives, but our attention is largely towards the recent graduates with a few years of experience.
Read more: In Pakistan, the startup ecosystem fosters an elite group of professionals
This is a group of young men and women who have thoroughly impressed us with their knowledge, their insight, and their dedication. Perhaps, even more heartening is the fact that a lot of these professionals are young women who are confident, competent, and in many cases leading the battle for their startups.
Our findings show that this generation of junior executives value freedom over structure, appreciate a sense of ownership over job security, and care more about the culture of a workplace than its prestige. There is a clear aversion to hierarchies, which all in all is a good thing. Hierarchies are at times necessary, but they eventually lead to the bureaucratisation of organisations.
The startup ecosystem has given birth to a group of young graduates that have access to decision makers, are given the agency to be creative and are trusted with responsibilities that in other places would be considered well beyond their pay-grade. In response, they have returned the faith of the startups that have invested in them and have proven to be efficient and dedicated workers.
Highly skilled labour is one of the pillars of any economy. It is composed of individuals with advanced education that have not just the skills to perform complicated tasks, but the ability to adapt to technological changes and learn new skills on the fly. Thanks to the startups, the next generation of highly skilled workers will be much more innovative than the ones before them.
Profit has never shied away from coverage of the startup space. Whether the story presents startups in a flattering light or an unflattering one, the one thing this publication has always felt is that stories about startups are important and worth writing. The story of the individuals that make up this ecosystem is also important and worth writing. After all, these are the people that will be the decision makers of the future and will determine the lasting legacy of the startup ecosystem in Pakistan.
Airlift To Shutdown Operations In Pakistan Amidst Global Recession. It will be ensured that all employees are sufficiently protected and catered for. In addition to that, the company has also announced a severance package for its employees, providing them with two months’ pay and setting up a platform for job placement.
According to the research, the trend of start-ups is emerging with a great progress in Pakistan. Pakistan has world’s fifth largest population rate. This population is based mostly on youth.
However, it’s a fact based that its not easy to maintain a startup in third world countries like Pakistan but our economy has emerging talent. The need is to occupy this talent by first providing them right track and on time information of how they can make their future through entrepreneurship startups.
National incubation centre is one of the finest incubation centre which is shaping young minds through sending their mentors to public universities. It has also introduced many incubation centres in second tire cities and further expanding their new plans under Pakistan’ one of the best government affiliated incubating and accelerating organisation PITB. PITB is now further introducing new plans after the success of its major plan 9 and plan x. Now the new plan is national expansion plan. The national expansion plan has successfully completed its two cohorts. Now started planing for the third cohort. There main focus is to promote entrepreneurial ecosystem by providing more and more jobs. More jobs less un employment makes strong economy.
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