The Psoj 2009 And Beyond September 2009

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


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.


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


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


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


Strategic Areas of Focus 2009 - 2012

1. To promote cooperation between private sector organisations

2. To formulate and promote a macro economic policy framework which will achieve high rates of sustained economic growth

3. To formulate and promote policies for the achievement of a lawful and just society

4. To promote and influence greater transparency, efficiency, and accountability in the operations of the public sector

5. To promote the practice of good corporate governance in the private sector


Our (Not so) New Tag Line

FREE ENTERPRISE.

WATCH JAMAICA GROW!



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)


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)


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



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


Individuals

Mr. Elon BeckfordMr. Christopher BovellMr. Charles RossMr. Oswald LeeMr. Roy Banarsee


The Election Process


Profile of Our MembersCorporate

155 membersAssociation

22 membersIndividual

39 members Companies72%

Associ-ations9%

Individ-uals18%


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


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


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


Annual Economic Forum 2009


Chairman’s Club Forum

Sponsored by LIME and NCB


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


Member Induction


Communication and Information

Publications Annual Report Newsletter (quarterly) E-Bulletin (monthly) Economic Bulletin (monthly)

Website – http://www.psoj.org


Communication and Information

Events Workshops Seminars Members’ Luncheons Annual Hall of Fame Banquet Fora


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


Council of Presidents


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;


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




Visit our Web Site

http://www.psoj.orgKeep abreast of how we are “Working For You”News releasesCEO’s monthly reportPeriodic pollsEventsPublicationsProjectsSponsorship opportunities


http://www.psoj.org/









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


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)


Get Involved; Join a Committee!Economic PolicyTrade PolicyJustice ReformStanding Committee on National

SecurityEducationCorporate Governance


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


Economy & Finance

The Psoj 2009 And Beyond September 2009