(Image source courtesy- https://www.google.com/search?q=profit&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjNmpuOvsfhAhUQlIsKHSlmDEYQ_AUIDigB&biw=1422&bih=652#imgrc=DgUdcZ0TJmCpBM:)
April 11, 2019
Business and family groups are defined by their philosophy and values under which they operate.
We have 4 core philosophies under which our family operate, one of which I’ll take up here –
We are in the business for profit BUT AT THE SAME TIME, we have a responsibility towards our employees & society. It is our moral obligation to assist our employees where necessary.
Somehow, here, “profit” is a dirty word. Why?
If we don’t make a profit, how can we plough our resources back into employee welfare & engagement and social uplift & charity!?
If we don’t make a profit, how can we support our own team members’ genuine issues and society’s charitable endeavors!?
We have a “womb to tomb” philosophy – that doesn’t mean we force “you to work till you drop”. What it means is that for our Associate & Supervisory cadre, generally, we let them work till THEY want to retire.
Pakistan doesn’t have any safety net for retired people. What do old people do? Where can they turn? No government since inception has ever provided or supported them. It is upto us to look after them – whether by extended employment or pension or medical or education.
But how can we do this if there is no PROFIT!