The Psoj 2009 And Beyond
Upcoming SlideShare
Loading in...5

The Psoj 2009 And Beyond






Total Views
Views on SlideShare
Embed Views



2 Embeds 90 88 2


Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
Post Comment
Edit your comment

The Psoj 2009 And Beyond The Psoj 2009 And Beyond Presentation Transcript

  • The Mission  The Mission of the Private Sector Organisation of Jamaica is to promote prosperity through sustainable economic growth and development by providing private sector leadership in influencing, lobbying, and engaging key decision makers and by advocating policies in the best interest of Jamaica.  This will be achieved through a united Private Sector and by being well-informed on the macro economy through thought leadership and research on topical issues 2 2/2/2009
  • Our Vision for Jamaica  In 2027, Jamaica is a lawful, ordered, just and values-driven society exhibiting positive Jamaican Culture and Heritage while achieving the right balance between the built and natural environment.  Good governance enabling a business- friendly environment have resulted in a first world economy with modern services and infrastructure 2/2/2009 3
  • Our Vision for the Organisation We will be the dominant voice and the distinctive leader of the private sector; a competitive and dynamic, knowledge-driven Organisation 2/2/2009 4
  • Our (Not so) New Tag Line FREE ENTERPRISE. WATCH JAMAICA GROW! 2/2/2009 5
  • We will be the dominant voice and the distinctive leader of the private sector; a competitive VISION and dynamic knowledge-driven Organisation PSOJ COMMITTEE FOCUS AREAS Crime & Justice Economic Trade Education Corporate Petroleum IMPACT Violence Reform Policy Policy and Governance Marketing Training Influence policy Improve advocacy on behalf of members and implementation CORPORATE SCORECARD C4: Enhance Serve our C1: Improve cooperation among C2: Grow and members and responsivenes local business diversify the clients s to the needs member membership of members organisations Optimise our F1: Grow sustainable financial revenues and profits resources IP 2: Build relationships with members IP 4: Optimise IP 5: Produce IT systems for Effectively IP1: Develop accurate and manage our enhanced superior service timely reports IP 3: Improve operations information capability for new marketing of sharing members our services Cultivate our LG1: Develop a LG3: Attract and LG 2: Increase functional human results-oriented, retain staff managerial and technical resources team approach to competency work 2/2/2009 6
  • PSOJ Officers  President – Mr. Christopher Zacca  Vice Presidents  Hon. William McConnell, OJ, CD  Mr. Richard Chen  Mr. Mark McKenzie  Honorary Secretary – Mr. Earl Jarrett, CD  Honorary Treasurer – Mr. Joseph Taffe  Chief Executive Officer – Mrs. Sandra Glasgow
  • PSOJ Executive Committee  7 Officers, plus  7 Associations:  Institute of Chartered Accountants of Jamaica (Prunella Vassell)  Jamaica Bankers Association (Patrick Hylton)  Jamaica Exporters Association (Michael Lumsden)  Jamaica Employers’ Federation (Wayne Chen)  Jamaica Hotel and Tourist Association (Wayne Cummings)  Shipping Association of Jamaica (Roger Hinds)  Small Business Association of Jamaica (Edward Chin Mook)
  • The Election Process Members Elect The Council (at the Annual General Meeting – May 27, 2009) 50 member body (All Association members; companies and individuals) President and Executive Committee Elected at first the meeting of the Council after the AGM 2/2/2009 9
  • Our Members  Corporate  166 members Individuals  Association 19%  21 members Associations  Individual 9% Companies  45 members 72%
  • Company member profile  Micro businesses (gross Large Medium revenue: up to J$10M) Small  Small Businesses (gross Micro 18% revenue: J$11 – $30M) 36%  Medium sized Businesses (gross 35% revenue: J$31 – $99M) 12%  Large Businesses (gross revenue: J$100M and over) 2/2/2009 11
  • Services and Benefits  National and Regional representation  Audience with local and international government officials  Networking Events – Luncheons, breakfasts, etc  Recognition and Awards – Hall of Fame; Job Creation, etc.  Effective advocacy at all levels  Access to information critical to business growth and development, e.g. Economic Bulletin
  • Services and Benefits cont’d  Practical training seminars e.g. Corporate Governance, Family business  Access to economic and trade policy research capabilities  Serving on important and government and non-government committees  Access to working with committees to discuss issues of national importance
  • Annual Economic Forum 2/2/2009 14
  • Job Creation Awards
  • Chairman’s Club Forum January 2009
  • Hall of Fame Awards 2/2/2009 17
  • Member Induction 2/2/2009 18
  • Communication and Information Publications  Annual Report  Newsletter (quarterly)  E-Bulletin (monthly)  Economic Bulletin (monthly)  Website 
  • Communication and Information Events  Workshops  Seminars  Members’ Luncheons  Annual Hall of Fame Banquet  Fora
  • Chairman’s Club  A select group of senior executives  Liaises closely with the PSOJ Executive  Contributes to decisions regarding issues of national importance  Provides guidelines in developing PSOJ policy positions  Creates networking opportunities within senior executive group at special events
  • Council of Presidents 2/2/2009 22
  • Achievements Since its inception in 1976, the PSOJ has been instrumental in:  Official adoption of a free market system as the most appropriate framework for the country’s long term economic development  The process of liberalisation, deregulation and privatisation which began in the 1980s  The lifting of exchange controls  Tax reforms in the late 80s and early 90s;
  • Achievements(cont’d)  The drive to connect inflation with money supply  Electoral reform  Amendments to the New Companies and Revenue Administrative Acts  Reversal of the street light cess  Successful Crime Stop programme  Development of the National Crime Plan in partnership with the Government, Opposition and civil society  “Jamaica Tomorrow” – a public/private partnership to drive economic transformation  Partnership for Progress/Partnership for Transformation
  • Special Projects National Crime Prevention Fund Ad Council Jamaica Solving Crime Pays!! Supporting positive social change through creative and effective Help us with your contributions public service messages to the J$20M reward fund 2/2/2009 25
  • 2/2/2009 26
  • 2/2/2009 27
  • Visit our Web Site  Keep abreast of how we are “Working For You”  News releases  CEO’s monthly report  Periodic polls  Events  Publications  Projects  Sponsorship opportunities 2/2/2009 28
  • 2/2/2009 29
  • 2/2/2009 30
  • 2/2/2009 31
  • 2/2/2009 32
  • 2/2/2009 33
  • 2/2/2009 34
  • 2/2/2009 35
  • 2/2/2009 36
  • Current Priorities  Participation on Monitoring Board and Expert Teams to drive the implementation of recommendations from National Planning Summit, in particular:  Comprehensive Tax Reform  Justice Reform  Reducing Bureaucracy  Reducing the Debt/Balancing the Budget  Job Creation  Land Titling Reform  Education and Training reform  Partnership for Transformation – working towards the vision of a prosperous and stable Jamaica, a dialogue involving the Government, Opposition, Unions and the private sector
  • Exciting Projects & Programmes in 2009  Chairman’s Club Forum – six for the year; sponsored by LIME and NCB  IDB/PSOJ “Developing Modern Family Business” Project – emphasising corporate governance and family protocols (seeking corporate sponsors)  Commercial Alternative Dispute Resolution Centre 2/2/2009 38
  • Exciting Projects & Programmes in 2009  Annual Economic Forum - May 14 (Headline Sponsor JMMB)  Corporate Governance Round Tables, Director Training; development of Tool Kit and Handbook  Corporate Social Responsibility programmes (mentorship, reading in primary schools; school governance) 2/2/2009 39
  • Get Involved; Join a Committee!  Economic Policy  Trade Policy  Justice Reform  Standing Committee on National Security  Education  Corporate Governance 2/2/2009 40
  • Thank you! We look forward to seeing you at our next event and to serving you better in 2009 and beyond. Contact us: Sandra A. C. Glasgow, CEO: (876) 927-6931 Margaret Warner, Membership Development Officer: 927-6238 ext. 2225 2/2/2009 41