the psoj 2009 and beyond september 2009 2
DESCRIPTION
PSOJ and BeyondTRANSCRIPT
The PSOJ2009 and Beyond
Revised September 2009
Strategic Posture 2009 - 2012On June 27, 2009 the Council of the PSOJ,
elected on May 26, 2009, met in a one-day “Advance”, facilitated by Growth Facilitators, to:Validate the PSOJ VisionValidate the PSOJ MissionAgree on 4 to 5 key areas of focusIdentify measures of success for each area of
focus Outline Key initiatives for the period 2009 -
2012Assign Responsibility at the Council and
Secretariat level
Revised September 2009
Strategic Posture 2009 - 2012The following slides outline the PSOJ’s
revised Vision and Mission as well as its strategic posture going forward.
The presentation also gives an overview of the PSOJ, its programmes and priorities.
Revised September 2009
The MissionThe 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
Revised September 2009
Our Vision for JamaicaThe PSOJ has adopted the 2030 National Vision Statement as its Vision for Jamaica :
Jamaica, the place of choice to live, work, raise families and
do business
Revised September 2009
Our Vision for the Organisation
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
Revised September 2009
Our (Not so) New Tag Line
FREE ENTERPRISE.
WATCH JAMAICA GROW!
Revised September 2009
Revised September 2009
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.
Serve our members and
clients
Optimise our financial
resources
Effectively manage our operations
Cultivate our human
resources
Influence policy and
implementation
C1: Improve responsiveness to the
needs of members
C2: Grow and diversify the membership
LG1: Develop a results-oriented, team approach to
work
LG 2: Increase functional managerial and technical
competency
LG3: Attract and retain staff
F1: Grow sustainable revenues and profits
F2: Improve financial management
IP 1: Improve marketing of our services
IP 2: Optimise IT systems for
enhanced information sharing
IP 3: Produce accurate and timely
reports
I 1: Promote cooperation
between private sector organisations
I 2:Formulate and promote a
macroeconomic policy framework which will achieve
high rates of sustained economic
growth
I 3: Formulate and promote
policies for the achievement of
a lawful and just society
I 4:Promote and influence greater
transparency, efficiency, and
accountability in the operations of the public sector
I 5: Promote the practice of
good corporate
governance in the Private
Sector
VISION
IMPACT
STRATEGY MAP
PSOJ Officers(elected June 18, 2009)
Revised September 2009
Jacqueline Sharp, VP
Paul B. Scott, VP
Nicholas Scott, VP
Earl Jarrett CD
Hon. Secy
Joe Taffe, Hon. Treasurer
Sandra Glasgow, CEO
Joseph M. MatalonPresident
PSOJ Executive Committee (elected June 18, 2009)
7 Officers, plus7 Associations:
Jamaica Bankers Association (Patrick Hylton)
Jamaica Employers’ Federation (Wayne Chen)
Jamaica Exporters Association (Michael Lumsden)
Jamaica Hotel and Tourist Association (Wayne Cummings)
Jamaica Securities Dealers Association (Anya Schnoor)
Shipping Association of Jamaica (Roger Hinds)
Small Business Association of Jamaica (Dalma James)
Revised September 2009
Members of The Council (elected May 26, 2009)
Companies Appliance Traders Limited Digicel Gleaner Company Limited ICD Group Limited Jamaica National Building
Society Limited J. Wray & Nephew Group
Limited LIME National Commercial Bank
Jamaica Limited Pan Jamaican Investment
Trust Limited Red Stripe
Jamaica Observer Jamaica Public Service Company
Limited Musson Jamaica Limited Jamaica Producers Group Limited First Caribbean Int'l bank Limited Big City Brewing Company Limited Citigroup GraceKennedy Limited Sagicor Life of Jamaica Limited Pan Caribbean Financial Services
Limited
Revised September 2009
Members of The Council (elected May 26, 2009)
Associations In Bond Merchants Association
of Jamaica Insurance Association of
Jamaica Jamaica Bankers Association Jamaica Employers Federation Jamaica Exporters Association Jamaica Hotel and Tourist
Association Jamaica Securities Dealers
Association Jamaica Used Car Dealers
Association Realtors Association of
Jamaica Shipping Association of
Jamaica Small Businesses Association
of Jamaica
Spirits Pool Association Limited Importers and Distributors
Association Incorporated Masterbuilders
Association Institute of Chartered Accountants of
Jamaica Jamaica Customer Service
Association Jamaica Developers Association Jamaica Livestock Association Sugar Manufacturing Corporation of
Jamaica The Printing Association of Jamaica Women's Business Owners Jamaica
Limited
Revised September 2009
Individuals
Mr. Elon BeckfordMr. Christopher BovellMr. Charles RossMr. Oswald LeeMr. Roy Banarsee
Members of The Council (elected May 26, 2009)
The Election Process
Revised September 2009
Profile of Our MembersCorporate
155 membersAssociation
22 membersIndividual
39 members Companies72%
Associ-ations9%
Individ-uals18%
Revised September 2009
Company member profileMicro businesses
(gross revenue: up to J$10M)
Small Businesses (gross revenue: J$11 – $30M)
Medium sized Businesses (gross revenue: J$31 – $99M)
Large Businesses (gross revenue: J$100M and over)
40%
13%24%
23%
Large
Medium
Small
Micro
Revised September 2009
Services and BenefitsNational and Regional representationAudience with local and international
government officialsNetworking Events – Luncheons, breakfasts,
etcRecognition and Awards – Hall of Fame; Job
Creation, etc.Effective advocacy at all levelsAccess to information critical to business
growth and development, e.g. Economic Bulletin
Revised September 2009
Services and Benefits cont’dPractical 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
Revised September 2009
Annual Economic Forum 2009
Revised September 2009
Chairman’s Club Forum
Sponsored by LIME and NCB
Revised September 2009
The Rt. Hon. Owen Arthur, MP Former Prime Minister of Barbados, January 2009
The Hon. Orrette Bruce Golding, MP Prime Minister of Jamaica,
August 2009
Hall of Fame AwardsRecipient: Charles Johnston, 2008
Revised September 2009
Member Induction
Revised September 2009
Communication and Information
Publications Annual Report Newsletter (quarterly) E-Bulletin (monthly) Economic Bulletin (monthly)
Website – http://www.psoj.org
Revised September 2009
Communication and Information
Events Workshops Seminars Members’ Luncheons Annual Hall of Fame Banquet Fora
Revised September 2009
Chairman’s ClubA select group of senior executivesLiaises closely with the PSOJ ExecutiveContributes to decisions regarding
issues of national importance Provides guidelines in developing PSOJ
policy positionsCreates networking opportunities
within senior executive group at special events
Revised September 2009
Council of Presidents
Revised September 2009
AchievementsSince 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 controlsTax reforms in the late 80s and early 90s;
Revised September 2009
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 TransformationRevised September 2009
Special Projects
National Crime Prevention FundSolving Crime
Pays!!Help us with your
contributions to the J$20M reward fund
Revised September 2009
Revised September 2009
Revised September 2009
Visit our Web Site
http://www.psoj.orgKeep abreast of how we are “Working For You”News releasesCEO’s monthly reportPeriodic pollsEventsPublicationsProjectsSponsorship opportunities
Revised September 2009
Revised September 2009
Revised September 2009
Revised September 2009
Revised September 2009
Revised September 2009
Revised September 2009
Revised September 2009
Revised September 2009
Current PrioritiesParticipation on Monitoring Board and Expert
Teams to drive the implementation of recommendations from National Planning Summit, in particular:Comprehensive Tax ReformJustice ReformReducing BureaucracyReducing the Debt/Balancing the BudgetJob CreationLand Titling ReformEducation 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
Revised September 2009
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 (to be established; seeking
funding from IDB)Revised September 2009
Exciting Projects & Programmes in 2009
Annual Economic ForumCorporate Governance Round
Tables, Director Training; development of Tool Kit and Handbook
Corporate Social Responsibility programmes (mentorship, reading in primary schools; school governance)
Revised September 2009
Get Involved; Join a Committee!Economic PolicyTrade PolicyJustice ReformStanding Committee on National
SecurityEducationCorporate Governance
Revised September 2009
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: [email protected]
(876) 927-6931
Margaret Warner, Membership Development Officer: [email protected] ext. 2225
Revised September 2009