The head of this country’s private sector association today sought to make a case for sending home people who are not contributing to the country’s economic recovery.
Alex McDonald, while stopping just short of calling for the head of any such offenders within the Freundel Stuart Government, suggested that management of businesses should not escape any such action either.
He cautioned participants at a Week Of Excellence seminar at the Grande Salle of the Central Bank of Barbados that things would never be the same again and that the “old” methods of achieving growth and development may not work.
However, he questioned whether either the private sector or public sector had the courage to get rid of those at the bottom, middle or the top, who were not helping to push forward the island’s recovery or growth.
“Most importantly, people are the critical and most important aspects of any successful recovery. So we ask ourselves. Do we have the right people? Are they doing the right thing? Do you have the courage to remove unproductive processes and approaches and improve them?”
“Do we have the courage?” He added: “Even in these Days of contraint, to keep training and developing? And finally, are we brave enough to let go of those things, including people, who are not advancing our agenda of growth and recovery?”
McDonald pleaded with those taking part in the four-day seminar on Embracing And Supporting Initiatives For Recovery: Challenges And Solutions In Charting The Way Forward, to adjust their minds to “a few” of the new realities which the current economic uncertainty has thrown up.
“First of these things, is that things will never be the same again. We will never get back to how things were. Life would have moved on,” he said.
“Second, the traditional approaches, traditional structures and traditional thinking, may not provide answers in this volatile, uncertain, chaotic, complex and ambiguous world that is emerging.”
”What is required,” the business leader said, “is flexible and innovative and creative thinking.”
He also highlighted a need for “thoughtful action” and “actionable plans”, which he said were more valuable than gold.
“A wait-and-see mode would only lead to slow death,” he warned.
McDonald is of the view that Barbadians are a great people, and can, and must approach their challenges strong in the conviction that they are capable of surviving these obstacles, and drive beyond them.
Meanwhile, Parliamentary Secretary in the Ministry of Finance and Economic Affairs, Senator Jepter Ince, who also addressed the seminar, argued that economies which were growing and expanding, had one thing in common – they are continually moving into new products and improving the ways of producing the products that are sold locally or exported.
Ince suggested that Barbados adapt to disciplines and productive possibilities of the new global economy that present opportunities for improving living standards and expanding employment.
He promised that his Government would continue dialogue with the various private sector agencies, non-governmental organizations, professional associations and other sections of civil society, for support and initiatives which would create an environment for higher productivity and economic growth.
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