The PSOJ2009 and Beyond

The MissionThe 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

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Our Vision for JamaicaIn 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

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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

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Our (Not so) New Tag Line

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FREE ENTERPRISE.

WATCH JAMAICA GROW!

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We will be the dominant voice and the distinctive leader of the private sector; a competitive and dynamic knowledge-driven Organisation

PSOJ COMMITTEE FOCUS AREAS

Crime & Violence

Economic Policy

Justice Reform

Corporate Governance

Education and

Training

Trade Policy

Petroleum Marketing

Serve our members and

clients

Optimise our financial

resources

Effectively manage our operations

Cultivate our human

resources

Influence policy and

implementationCORPORATE SCORECARD

C1: Improve responsiveness to the needs of members

C2: Grow and diversify the membership

C3: Develop strategic alliances

C4: Enhance cooperation among

local business member

organisations

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

IP1: Develop superior service

capability for new members

IP 2: Build relationships with members

IP 3: Improve marketing of our services

IP 4: Optimise IT systems for

enhanced information

sharing

IP 5: Produce accurate and timely reports

Improve advocacy on behalf of members

VISION

IMPACT

PSOJ OfficersPresident – Mr. Christopher ZaccaVice Presidents

Hon. William McConnell, OJ, CD Mr. Richard ChenMr. Mark McKenzie

Honorary Secretary – Mr. Earl Jarrett, CDHonorary Treasurer – Mr. Joseph TaffeChief Executive Officer – Mrs. Sandra

Glasgow

PSOJ Executive Committee

7 Officers, plus7 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

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Our MembersCorporate

166 membersAssociation

21 membersIndividual

45 members Companies72%

Associ-ations9%

Individ-uals19%

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)

36%

12%35%

18%

Large

Medium

Small

Micro

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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

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Job Creation Awards

Chairman’s Club Forum

January2009

Hall of Fame Awards

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Member Induction

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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 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

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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 Transformation

Special Projects

National Crime Prevention FundSolving Crime

Pays!!Help us with your

contributions to the J$20M reward fund

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Visit our Web Site

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

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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

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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)

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

SecurityEducationCorporate Governance

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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.org927-6238 ext. 2225

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