The Lakson Group – Short Profile

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One of my pioneer research works in my good old study days was of Lakson Group of Companies. The first time I heard the name “Lakson”, all I could think about was the annoyance of a health hazard cigarette dancing at the very front of my eyes. Obviously back the, all that my tiny winy mind could come up with was of the very name that I heard over and over again (thanks to the media those days) was of Lakson Tobacco company (the ultimate cigarette makers =D). But soon my perspectives broadened, and I got to know a lot about the company itself, the major cause being my research work.

The Lakson Group was founded in the year 1954. Their Product Portfolio – centering around consumer goods and services – consists of detergents & soaps, toothpaste, food products, fast food restaurants, insurance, internet services, software, paper & board, printing, powdered beverages and tea, packaging, publications, surgical instruments, and textiles (fascinating eh?). The corporation is run by the Lakhani brothers among whom Iqbal Ali Lakhani is the Chairman of the Lakson group.

The company itself has a lot to offer. While going through the long list of what the company operates currently took me to a whole new world. I mean, the company itself has engrossed into each and every aspect of the word “business” one can imagine.
Their mission is to build a successful business model that encompasses the needs of their customers, shareholders, and employees, providing a dynamic, responsive organization that ensures a rapid response to opportunity and competition and invest in a balanced portfolio of short, medium, and long-term business opportunities of measured risk. Now this is what I call plan of action (though it’s hard to tell whether they do take all this into action or not). According to a source, “The Lakson Group of Companies generates sales revenues in excess of Rupees 37 billion (US$ 625 million) annually. Group assets exceed Rupees 17 billion (US$ 280 million).”

The best thing about this highly motivated company is their corporate responsibility, which is commendable. The Hasanali Karabhai foundation is a set example for this sole purpose. The Foundation was established to undertake various financial aid programs and charitable contributions. The Foundation owns and operates a multi-storied office building in the center of Karachi and the entire leasing income from this property is being utilized for philanthropic purposes.

I could have provided you all with all the in depth details about this company but then it would be (according to people) tagged as advertising/marketing a company which is so not true. The main idea behind this post is to acknowledge work and to provide substantial information about one of the leading companies of Pakistan, who are playing a major role in the development of our economy.

I was born in raised in Karachi and hold a Bachelors degree in Business Administration. Currently I am a teacher by profession and love it as it has given me a continuous learning drill so far. I am a keen observer and scrutinize everything from every possible angle. My interests reflects my personality, majorly related to Art. I have been really fond of Advertisement and the different kinds of marketing strategies that the companies use to put forward their products. Hope that you have a nice time reading my posts and let me know if they were informative enough or not. Feel free to criticize as well...=D Have a nice day!!!

  • http://zainad.blogspot.com Zaira Rahman

    One of my friends went here for his interview and had an overall great interview session. And the lady interviewing him told him that now females are the biggest potential market for cigarettes and they gotta tap on to them too…And this interview was done I guess 3-4 years ago. I wonder by how much of their targets have been achieved.

  • Aaqib Qasim

    I recently interned at the Lakson group for about 3months and yes this group means business, now they have another company in their group called Sybrid which is a business process outsourcing firm which is a huge industry in itself, and India has been generating billions of dollars in revenues through this industry. So way to go Lakson group. Another thing I would like to mention is, Lakson group does not own Lakson tobacco any more as majority of the shareholding i.e. around 90% is now owned by Philip Morris International.

  • http://www.saroshwaiz.com Sarosh Waiz

    Great post Sarah… I think we all need this kind of information at one place. This group really means business and although we don’t hear about them so “in-your-face” as we do about other foreign companies like “P&G” and “Unilever” .. but I think the Lakson Group has been doing great with so much diversification in their portfolio of businesses, which indeed is an achievement in itself!

    And thanks for adding the Philip Morris info Aaqib.. I was about to add that! 🙂

  • Neha

    @Zaira Rehmen
    I can please get a copy of that interview?
    I am working on an assignment and information about Lakhani brothers

  • Neha

    @Zaira Rehman
    Can I please get a copy of that interview?
    I am working on an assignment and therefore I need information about Lakhani Brothers

  • Muhammad Sumair

    hi every 1,
    can some 1 give me employee profile of lakson group of companies, because i want to present a presentation about lakson group of companies in my university….
    thx