2. 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

3. 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

4. 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

5. Our (Not so) New Tag Line
FREE ENTERPRISE.
WATCH JAMAICA
GROW!
2/2/2009 5

6. 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

7. 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

8. 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)

9. 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

10. Our Members
 Corporate
 166 members
Individuals
 Association
19%
 21 members
Associations
 Individual 9%
Companies
 45 members
72%

11. 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

12. 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

13. 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

14. Annual Economic Forum
2/2/2009 14

15. Job Creation Awards

16. Chairman’s Club Forum
January
2009

17. Hall of Fame Awards
2/2/2009 17

18. Member Induction
2/2/2009 18

19. Communication and Information
Publications

Annual Report

Newsletter (quarterly)

E-Bulletin (monthly)

Economic Bulletin (monthly)

Website


20. Communication and Information
Events
 Workshops
 Seminars
 Members’ Luncheons
 Annual Hall of Fame Banquet
 Fora

21. 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

22. Council of Presidents
2/2/2009 22

23. 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;

24. 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

25. 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

26. 2/2/2009 26

27. 2/2/2009 27

28. Visit our Web Site
http://www.psoj.org
 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

29. 2/2/2009 29

30. 2/2/2009 30

31. 2/2/2009 31

32. 2/2/2009 32

33. 2/2/2009 33

34. 2/2/2009 34

35. 2/2/2009 35

36. 2/2/2009 36

37. 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

38. 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

39. 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

40. Get Involved; Join a Committee!
 Economic Policy
 Trade Policy
 Justice Reform
 Standing Committee on National Security
 Education
 Corporate Governance
2/2/2009 40

41. 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: sandrag@psoj.org
(876) 927-6931
Margaret Warner, Membership Development Officer:
margaretw@psoj.org
927-6238 ext. 2225
2/2/2009 41