The Jewelry Cluster in JordanCurrent Facts and Future ProspectsTamer Al-Nasser(elnasser@gmail.com)Talal Abu-Ghazaleh Colle...
<ul><li>This presentation is based on a</li></ul>     paper created at MoC course at: <br />     Talal Abu-Ghazaled Colleg...
Agenda<br />Country Overview<br />Overall Economic Performance<br />Cluster Analysis<br />Cluster Diamond<br />Cluster Map...
Country Overview<br /> Population: 6,053,193 (July 2007 est.)<br />Land Area:  89,342 sq km<br />Labor Force: 56% of the p...
Economic Performance<br />Source: Central Bank of Jordan<br />
Economic Performance<br />Source: Central Bank of Jordan<br />
Economic Performance<br />Source: Central Bank of Jordan<br />
Economic Performance<br /><ul><li> Jordan ranked 49 out of 131 economies on the Global Competitiveness Index (GCI), and ra...
Economic Performance<br />Ease of Doing Business – A global Rank by the WB<br />Source: World Bank, Ease of Doing Business...
Cluster Map<br />
Cluster Map<br />
Cluster Map<br />
Cluster Map<br />
Cluster Map<br />
Cluster Analysis<br />Integral part of the culture (not luxury)<br />Financial Security<br />High disposable incomes and h...
SWOT Analysis<br />Strengths:<br />A growing rate of exports, reaching 18.2% during the years 1998-2005<br />Consensus to ...
SWOT Analysis<br />Weaknesses:<br />Low number of highly skilled labor force<br />Training programs are incapable of provi...
SWOT Analysis<br />Weaknesses:<br />High fees by the Jordan Institute for Standards and Measurements (JISM)<br />The Minis...
Opportunities:<br />Governmental approach towards supporting growing industries and entrepreneurship (The Ministry of Indu...
SWOT Analysis<br />Threats:<br />High competition from international jewelry production; especially from Italy<br />Increa...
Cluster Diamond<br />
Eco-Jewelry Design Samples<br />Source: Nadia Dajani web site<br />
Current Challenges<br />Transparency<br />Fluctuating demand on Gold<br />Skilled labor challenges<br />The current role o...
Current Challenges<br />Child Labor<br />Jordan Institute for Standards and Measurement (JISM) <br />Environmental issues<...
Recommendations<br />Bigger role for the Jewelers Syndicate<br />More international exposure<br />Target new markets<br />...
Recommendations<br />Training<br />Implement code of ethics<br />Local products (religious related)<br />Specialized secur...
Thank You!<br />Questions?<br />Contact: elnasser@gmail.com<br />
Upcoming SlideShare
Loading in …5
×

Jewellery Cluster in Jordan

741 views

Published on

Presentation at The Competitiveness Institute conference in Cape Town, South Africa.

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
741
On SlideShare
0
From Embeds
0
Number of Embeds
6
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Jewellery Cluster in Jordan

  1. 1. The Jewelry Cluster in JordanCurrent Facts and Future ProspectsTamer Al-Nasser(elnasser@gmail.com)Talal Abu-Ghazaleh College of Business (TAGCB)The German Jordanian University<br />
  2. 2. <ul><li>This presentation is based on a</li></ul> paper created at MoC course at: <br /> Talal Abu-Ghazaled College of Business<br />On behalf of:<br /> * Anne Babieh<br /> * Huzama Fakher<br /> * Tamer El-Nasser<br />
  3. 3. Agenda<br />Country Overview<br />Overall Economic Performance<br />Cluster Analysis<br />Cluster Diamond<br />Cluster Map<br />SWOT Analysis<br />Current Challenges<br />Recommendations<br />
  4. 4. Country Overview<br /> Population: 6,053,193 (July 2007 est.)<br />Land Area: 89,342 sq km<br />Labor Force: 56% of the population<br />Total GDP: $15,832<br />Unemployment: 13.1%<br />Median Age: 20.3<br />Sources: www.worldatlas.com,<br /> Central Bank of Jordan, <br /> Ministry of Foreign Affairs<br />
  5. 5. Economic Performance<br />Source: Central Bank of Jordan<br />
  6. 6. Economic Performance<br />Source: Central Bank of Jordan<br />
  7. 7. Economic Performance<br />Source: Central Bank of Jordan<br />
  8. 8. Economic Performance<br /><ul><li> Jordan ranked 49 out of 131 economies on the Global Competitiveness Index (GCI), and ranked 48 on the Business Competitiveness Index (BCI) in the Global Competitiveness Report 2007-2008.</li></ul>Jordan’s Performance on the twelve pillars of the Global Competitiveness Index, 2007-2008<br />Source: Global Competitiveness Report 2008<br />
  9. 9. Economic Performance<br />Ease of Doing Business – A global Rank by the WB<br />Source: World Bank, Ease of Doing Business Report<br />
  10. 10. Cluster Map<br />
  11. 11. Cluster Map<br />
  12. 12. Cluster Map<br />
  13. 13. Cluster Map<br />
  14. 14. Cluster Map<br />
  15. 15. Cluster Analysis<br />Integral part of the culture (not luxury)<br />Financial Security<br />High disposable incomes and high population growth rates<br />Very low transparency<br />Family owned business.<br />
  16. 16. SWOT Analysis<br />Strengths:<br />A growing rate of exports, reaching 18.2% during the years 1998-2005<br />Consensus to enhance the cluster and increase exports by increasing quality and targeting new markets<br />Culture creates an almost steady local demand <br />High caliber workers; although in small numbers<br />Good understanding of the Local and regional tastes<br />The country’s political stability.<br />
  17. 17. SWOT Analysis<br />Weaknesses:<br />Low number of highly skilled labor force<br />Training programs are incapable of providing the market the needed number and level of workers<br />Difficulty to attract skilled foreign labor<br />Although the Jordanian Jewelers Syndicate was established in 1973, its role is still modest.<br />
  18. 18. SWOT Analysis<br />Weaknesses:<br />High fees by the Jordan Institute for Standards and Measurements (JISM)<br />The Ministry of Interior Affairs demands a bank guarantee of JD5000 ($7052) on each workshop.<br />
  19. 19. Opportunities:<br />Governmental approach towards supporting growing industries and entrepreneurship (The Ministry of Industry and Trade, JEDCO, etc..)<br />Proximity to GCC markets and ease-of-entry to other regional and international markets create an enormous opportunity for exporting<br />Growth in the tourism industry - “Eco-jewelry”.<br />SWOT Analysis<br />
  20. 20. SWOT Analysis<br />Threats:<br />High competition from international jewelry production; especially from Italy<br />Increases in Gold prices on a global level, affected by the record increase of crude-oil prices, the weak US dollar, and fears of recession.<br />
  21. 21. Cluster Diamond<br />
  22. 22. Eco-Jewelry Design Samples<br />Source: Nadia Dajani web site<br />
  23. 23. Current Challenges<br />Transparency<br />Fluctuating demand on Gold<br />Skilled labor challenges<br />The current role of the Jordanian Jewelers Syndicate is still moderate<br />
  24. 24. Current Challenges<br />Child Labor<br />Jordan Institute for Standards and Measurement (JISM) <br />Environmental issues<br />Copyright and IP<br />
  25. 25. Recommendations<br />Bigger role for the Jewelers Syndicate<br />More international exposure<br />Target new markets<br />Strategic partners and an IPO<br />New niches (state gifts, men items, baby jewelry)<br />
  26. 26. Recommendations<br />Training<br />Implement code of ethics<br />Local products (religious related)<br />Specialized security companies<br />
  27. 27. Thank You!<br />Questions?<br />Contact: elnasser@gmail.com<br />

×