The Psoj 2009 And Beyond September 2009


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The Psoj 2009 And Beyond September 2009

  1. 1. The PSOJ2009 and Beyond<br />Revised September 2009<br />
  2. 2. Strategic Posture 2009 - 2012<br />On June 27, 2009 the Council of the PSOJ, elected on May 26, 2009, met in a one-day “Advance”, facilitated by Growth Facilitators, to:<br />Validate the PSOJ Vision<br />Validate the PSOJ Mission<br />Agree on 4 to 5 key areas of focus<br />Identify measures of success for each area of focus <br />Outline Key initiatives for the period 2009 - 2012<br />Assign Responsibility at the Council and Secretariat level<br />Revised September 2009<br />
  3. 3. Strategic Posture 2009 - 2012<br />The following slides outline the PSOJ’s revised Vision and Mission as well as its strategic posture going forward.<br />The presentation also gives an overview of the PSOJ, its programmes and priorities.<br />Revised September 2009<br />
  4. 4. The Mission<br />The Mission of the Private Sector Organisation of Jamaica is to effectively advocate for the implementation of public policy that enables strong, sustainable private sector led economic growth & development<br />Revised September 2009<br />
  5. 5. Our Vision for Jamaica<br />The PSOJ has adopted the 2030 National Vision Statement as its Vision for Jamaica :<br />Jamaica, the place of choice to live, work, raise families and do business<br />Revised September 2009<br />
  6. 6. Our Vision for the Organisation<br />We are the unifying voice of the private sector working in partnership with the public sector and civil society to achieve the 2030 Vision for Jamaica<br /> <br /> <br />Revised September 2009<br />
  7. 7. Strategic Areas of Focus 2009 - 2012<br />To promote cooperation between private sector organisations<br />To formulate and promote a macro economic policy framework which will achieve high rates of sustained economic growth <br />To formulate and promote policies for the achievement of a lawful and just society <br />To promote and influence greater transparency, efficiency, and accountability in the operations of the public sector<br />To promote the practice of good corporate governance in the private sector<br />Revised September 2009<br />
  8. 8. Our (Not so) New Tag Line<br />FREE ENTERPRISE.<br />WATCH JAMAICA GROW!<br />Revised September 2009<br />
  9. 9. STRATEGY MAP<br />VISION<br />We are the unifying voice of the private sector working in partnership with the public sector and civil society to achieve the 2030 Vision for Jamaica.<br />I 4:Promote and influence greater transparency, efficiency, and accountability in the operations of the public sector<br />IMPACT<br />I 1: Promote cooperation between private sector organisations<br />I 2:Formulate and promote a macroeconomic policy framework which will achieve high rates of sustained economic growth<br />I 3: Formulate and promote policies for the achievement of a lawful and just society<br />I 5: Promote the practice of good corporate governance in the Private Sector<br />Influence policy and implementation<br />Serve our members and clients<br />C1: Improve responsiveness to the needs of members<br />C2: Grow and diversify the membership<br />Optimise our financial resources<br />F2: Improve financial management<br />F1: Grow sustainable revenues and profits<br />Effectively manage our operations<br />IP 3: Produce accurate and timely reports<br />IP 1: Improve marketing of our services<br />IP 2: Optimise IT systems for enhanced information sharing<br />LG1: Develop a results-oriented, team approach to work<br />Cultivate our human resources<br />LG3: Attract and retain staff<br />LG 2: Increase functional managerial and technical competency<br />Revised September 2009<br />
  10. 10. PSOJ Officers(elected June 18, 2009)<br />Revised September 2009<br />Jacqueline Sharp, VP<br />Paul B. Scott, VP<br />Earl Jarrett CD <br />Hon. Secy<br />Joe Taffe, <br />Hon. Treasurer<br />Joseph M. Matalon<br />President<br />Sandra Glasgow, CEO<br />Nicholas Scott, VP<br />
  11. 11. PSOJExecutive Committee(elected June 18, 2009)<br />7 Officers, plus<br />7 Associations:<br />Jamaica Bankers Association (Patrick Hylton)<br />Jamaica Employers’ Federation (Wayne Chen)<br />Jamaica Exporters Association (Michael Lumsden)<br />Jamaica Hotel and Tourist Association (Wayne Cummings)<br />Jamaica Securities Dealers Association (Anya Schnoor)<br />Shipping Association of Jamaica (Roger Hinds)<br />Small Business Association of Jamaica (Dalma James)<br />Revised September 2009<br />
  12. 12. Members of The Council (elected May 26, 2009)<br />Companies<br />Appliance Traders Limited<br />Digicel<br />Gleaner Company Limited<br />ICD Group Limited<br />Jamaica National Building Society Limited<br />J. Wray & Nephew Group Limited<br />LIME<br />National Commercial Bank Jamaica Limited<br />Pan Jamaican Investment Trust Limited<br />Red Stripe<br />Jamaica Observer<br />Jamaica Public Service Company Limited<br />Musson Jamaica Limited<br />Jamaica Producers Group Limited<br />First Caribbean Int&apos;l bank Limited<br />Big City Brewing Company Limited<br />Citigroup<br />GraceKennedy Limited<br />Sagicor Life of Jamaica Limited<br />Pan Caribbean Financial Services Limited<br />Revised September 2009<br />
  13. 13. Members of The Council(elected May 26, 2009)<br />Associations<br />In Bond Merchants Association of Jamaica<br />Insurance Association of Jamaica<br />Jamaica Bankers Association<br />Jamaica Employers Federation<br />Jamaica Exporters Association<br />Jamaica Hotel and Tourist Association<br />Jamaica Securities Dealers Association<br />Jamaica Used Car Dealers Association<br />Realtors Association of Jamaica<br />Shipping Association of Jamaica<br />Small Businesses Association of Jamaica<br />Spirits Pool Association Limited<br />Importers and Distributors Association<br />Incorporated Masterbuilders Association<br />Institute of Chartered Accountants of Jamaica<br />Jamaica Customer Service Association<br />Jamaica Developers Association<br />Jamaica Livestock Association<br />Sugar Manufacturing Corporation of Jamaica<br />The Printing Association of Jamaica<br />Women&apos;s Business Owners Jamaica Limited<br />Revised September 2009<br />
  14. 14. Members of The Council(elected May 26, 2009)<br />Individuals<br />Mr. Elon Beckford<br />Mr. Christopher Bovell<br />Mr. Charles Ross<br />Mr. Oswald Lee<br />Mr. Roy Banarsee<br />Revised September 2009<br />
  15. 15. The Election Process<br />Revised September 2009<br />
  16. 16. Profile of Our Members<br />Corporate <br />155 members<br />Association<br />22 members<br />Individual<br />39 members<br />Revised September 2009<br />
  17. 17. Company member profile<br />Micro businesses (gross revenue: up to J$10M)<br />Small Businesses (gross revenue: J$11 – $30M)<br />Medium sized Businesses (gross revenue: J$31 – $99M)<br />Large Businesses (gross revenue: J$100M and over) <br />Revised September 2009<br />
  18. 18. Services and Benefits<br />National and Regional representation<br />Audience with local and international government officials<br />Networking Events – Luncheons, breakfasts, etc<br />Recognition and Awards – Hall of Fame; Job Creation, etc.<br />Effective advocacy at all levels<br />Access to information critical to business growth and development, e.g. Economic Bulletin<br />Revised September 2009<br />
  19. 19. Services and Benefits cont’d<br />Practical training seminars e.g. Corporate Governance, Family business<br />Access to economic and trade policy research capabilities <br />Serving on important and government and non-government committees<br />Access to working with committees to discuss issues of national importance <br />Revised September 2009<br />
  20. 20. Annual Economic Forum 2009<br />Revised September 2009<br />
  21. 21. Chairman’s Club Forum<br />Sponsored by LIME and NCB<br />Revised September 2009<br />The Rt. Hon. Owen Arthur, MP <br />Former Prime Minister of Barbados, January 2009<br />The Hon. Orrette Bruce Golding, MP Prime Minister of Jamaica, August 2009<br />
  22. 22. Hall of Fame AwardsRecipient: Charles Johnston, 2008<br />Revised September 2009<br />
  23. 23. Member Induction<br />Revised September 2009<br />
  24. 24. Communication and Information<br /><ul><li>Publications
  25. 25. Annual Report
  26. 26. Newsletter (quarterly)
  27. 27. E-Bulletin (monthly)
  28. 28. Economic Bulletin (monthly)
  29. 29. Website –</li></ul>Revised September 2009<br />
  30. 30. Communication and Information<br />Events<br /><ul><li>Workshops
  31. 31. Seminars
  32. 32. Members’ Luncheons
  33. 33. Annual Hall of Fame Banquet
  34. 34. Fora</li></ul>Revised September 2009<br />
  35. 35. Chairman’s Club<br />A select group of senior executives<br />Liaises closely with the PSOJ Executive<br />Contributes to decisions regarding issues of national importance <br />Provides guidelines in developing PSOJ policy positions<br />Creates networking opportunities within senior executive group at special events<br />Revised September 2009<br />
  36. 36. Council of Presidents<br />Revised September 2009<br />
  37. 37. Achievements<br />Since its inception in 1976, the PSOJ has been instrumental in:<br />Official adoption of a free market system as the most appropriate framework for the country’s long term economic development<br />The process of liberalisation, deregulation and privatisation which began in the 1980s<br />The lifting of exchange controls<br />Tax reforms in the late 80s and early 90s;<br />Revised September 2009<br />
  38. 38. Achievements(cont’d)<br />The drive to connect inflation with money supply<br />Electoral reform<br />Amendments to the New Companies and Revenue Administrative Acts<br />Reversal of the street light cess<br />Successful Crime Stop programme<br />Development of the National Crime Plan in partnership with the Government, Opposition and civil society<br />“Jamaica Tomorrow” – a public/private partnership to drive economic transformation<br />Partnership for Progress/Partnership for Transformation<br />Revised September 2009<br />
  39. 39. Special Projects<br />Revised September 2009<br />
  40. 40. Revised September 2009<br />
  41. 41. Revised September 2009<br />
  42. 42. Visit our Web Site<br /><br />Keep abreast of how we are “Working For You”<br />News releases<br />CEO’s monthly report<br />Periodic polls<br />Events<br />Publications<br />Projects<br />Sponsorship opportunities<br />Revised September 2009<br />
  43. 43. Revised September 2009<br />
  44. 44. Revised September 2009<br />
  45. 45. Revised September 2009<br />
  46. 46. Revised September 2009<br />
  47. 47. Revised September 2009<br />
  48. 48. Revised September 2009<br />
  49. 49. Revised September 2009<br />
  50. 50. Revised September 2009<br />
  51. 51. Current Priorities<br />Participation on Monitoring Board and Expert Teams to drive the implementation of recommendations from National Planning Summit, in particular:<br />Comprehensive Tax Reform<br />Justice Reform<br />Reducing Bureaucracy<br />Reducing the Debt/Balancing the Budget<br />Job Creation<br />Land Titling Reform<br />Education and Training reform<br />Partnership for Transformation – working towards the vision of a prosperous and stable Jamaica, a dialogue involving the Government, Opposition, Unions and the private sector<br />Revised September 2009<br />
  52. 52. Exciting Projects & Programmes in 2009<br />Chairman’s Club Forum – six for the year; sponsored by LIME and NCB<br />IDB/PSOJ “Developing Modern Family Business” Project – emphasising corporate governance and family protocols (seeking corporate sponsors)<br />Commercial Alternative Dispute Resolution Centre (to be established; seeking funding from IDB)<br />Revised September 2009<br />
  53. 53. Exciting Projects & Programmes in 2009<br />Annual Economic Forum<br />Corporate Governance Round Tables, Director Training; development of Tool Kit and Handbook<br />Corporate Social Responsibility programmes (mentorship, reading in primary schools; school governance)<br />Revised September 2009<br />
  54. 54. Get Involved; Join a Committee!<br />Economic Policy<br />Trade Policy<br />Justice Reform<br />Standing Committee on National Security<br />Education<br />Corporate Governance<br />Revised September 2009<br />
  55. 55. Thank you!<br />We look forward to seeing you at our next event and to serving you better in 2009 and beyond.<br />Contact us:<br />Sandra A. C. Glasgow, CEO:<br />(876) 927-6931<br />Margaret Warner, Membership Development Officer:<br />927-6238 ext. 2225<br />Revised September 2009<br />