Analysis On Brain Drain Of MCC. Resources Development Company (pvt.) Limited

The current era of economic globalization and integration has urged companies toacknowledge the importance and value of talents, who are the source power of corporatedevelopment amid ever more fierce competition. Therefore, modern enterprises payespecial attention on questions such as how to retain talents, bring out their potentialsand keep talents’ personal improvement in line with companies’ prospect. Meanwhile,only through pool of talents and effective human resources management can enterprisestake a foothold in the competitive market. Highly developed information network andeffective integration of resources, however, have greatly facilitated talent flow andmade brain drain increasingly troublesome for employers, especially for enterprises inmineral development sector.This dissertation intends to delve into the brain drain issue urgently confronted bymineral enterprises through theoretical discussion based on Human ResourcesPrinciples and case study that taking into account the operation experience of MCCResources Development Company (Pvt.) Limited (MRDL) in Pakistan during the pastdecade and the company’s current internal and external environment. MRDL’scommunication and cooperation with Pakistani governments and local tribes were alsoelaborated on, in order to offer reference and suggest solutions on talents-keeping forother mineral development enterprises.The dissertation is made up of six chapters. Chapter One introduces researchbackground, signification and major train of thought. Chapter Two mainly discusses therelevant documents and theories of brain drain, laying a theoretical foundation. ChapterThree presents information and background of MRDL’s human resources managementand explains the talents make-up in MRDL. Based on the above information, ChapterFour then digs deep into the brain drain problem of MRDL. In Chapter Five, solutionsare tentatively offered after deep analysis. Chapter Six encloses this dissertation by abrief summary and suggestion of five principles against brain drain for mineraldevelopment enterprises:1. Strengthen cross-culture management2. Create harmoniousatmosphere3. Keep a constant and steady working team4. Establish a collaborativedevelopment pattern5.Set up effective training and development mechanism.