Bank Alfalah, the first organization in Pakistan to implement the program within its senior management
In a pioneering initiative, the Institute of Business Administration (IBA) Karachi, Bank Alfalah, and Stanford Life Design Lab have collaborated to introduce the Design Thinking Program in Pakistan. Officially launched at Bank Alfalah’s flagship Islamic branch, this program aims to equip professionals with the innovative problem-solving tools of Design Thinking. The methodology focuses on understanding user needs and fostering creative solutions, which can significantly improve organizational performance in terms of revenue, customer satisfaction, and employee engagement.
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Dr. S Akbar Zaidi, Executive Director of IBA Karachi, expressed excitement over the collaboration, emphasizing its potential to develop future leaders and innovators in Pakistan. Bank Alfalah, the first organization in Pakistan to implement the program within its senior management, is partnering with IBA Karachi and Stanford Life Design Lab to drive innovation and enhance customer experiences. The bank’s leadership, including President and CEO Atif Bajwa, views this partnership as key to staying ahead of the curve in the banking industry.
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The partnership marks a significant milestone in Pakistan’s journey toward a knowledge-based economy. By promoting a culture of innovation across various sectors, the collaboration is expected to contribute to the country’s economic growth and development.
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