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Feedback on the NCPC Young Entrepreneurs’ Mixer

By Competitiveness, Productivity, Tips, Youth

NCPC Logo- high resolutionThe National Competitiveness & Productivity Council continues its efforts in creating a mind-set change that promotes a more productive and competitive Saint Lucia. As such, as part of Productivity Awareness Week 2015 a Young Entrepreneurs’ Mixer was organised to present young and prospective entrepreneurs with an opportunity to network. The focus of this activity was for these young persons to make connections and obtain useful information to guide and advance their business efforts.
This event took place on Friday, October 16, 2015 where there were various short speeches on financial management tips, marketing for small businesses and developing business plans. The featured speech was entitled: “How to grow your money- the non-conventional approach”. In attendance were over fifty young and aspiring entrepreneurs. There was also a mingling session, where entrepreneurs got an opportunity to meet with mentors and other possible business partners.
One of the entrepreneurs in attendance was Mr. Johanan Dujon, who provided his feedback on the activity:
The NCPC Business Mixer gave me the chance to rub shoulders with the “big boys” of the private sector in Saint Lucia, as well as to listen to gems of wisdom by bankers and marketing advisors. Events such as these provide a unique opportunity for young entrepreneurs like myself, to network and build lasting relationships. Unlike other mixers I’ve attended, this one allowed entrepreneurs to pick the brains of successful businessmen at length in a casual and open environment. This type of mentorship and dialogue with the local business magnates is one of the key factors in developing entrepreneurship.
Another key factor in driving entrepreneurship is access to finance from a government policy standpoint. Commercial banks do not cater for venture capital (start-up capital) understandably due to the high risk. The micro finance institutions charge more exorbitant rates of interest than the banks themselves, which can be discouraging to aspiring entrepreneurs and put micro/small business owners in a real conundrum.
In spite of these pressing issues,  listening to Mr. Rayneau Gajadhar address us on how to “grow money the unconventional way”, has provided valuable insight to what it takes to succeed in business. One of the many things I took from this lecture is that if you can survive here, you can survive anywhere.
I believe the turnout of this event shows that young entrepreneurs have a serious interest in business and understand their pivotal role of being the drivers of employment and investment in the future.
However, to grow money the unconventional way, we must first have access to the money in the first place. The question therefore should be; what can be done to aid micro/small enterprises with access to finance at an affordable rate?
The NCPC is indeed pleased that the event was quite beneficial to the attendees. The mentors who were present have reported that they have made connections with the entrepreneurs and plan to work with them in the future. We look forward to hosting other activities for young entrepreneurs in the future. More importantly, to host activities that meets the needs of young entrepreneurs.

Declining Caribbean Productivity; cause, effect and solution

By Competitiveness, Productivity, Trade

It Is Wise To Consider The Ways In Which We Can Solve The Problem Of Productivity Decline In St. LuciaFor years, productivity was a term reserved for the esoteric conversations of academics, of little interest to anyone else, but no longer. Within recent years productivity has been at the forefront of the discussions of policy-makers, politicians and even the lay-man. The latest (2008) financial crisis and the period of hardship which ensued have exposed the vulnerabilities of Caribbean economies of which low growth and high debt top the list. This has prompted policy-makers to take a closer look at productivity and evaluate its relevance to the region. It is the belief that the Caribbean’s comatose growth is a symptom of the region’s low productivity. Barbados’ Prime Minister the Hon. Freundel Stuart previously admitted that Caribbean economies have been lagging behind in initiatives intended to boost productivity levels and drive the region’s trade competitiveness and economic development.
There is an urgent need for the Caribbean to undergo a period of introspection with the intention to identify the root of our low productivity and putting forward ideas and policies to remedy this deficiency. This article is one such attempt at self-examination, but is by no means a complete diagnosis of the regions deficiency. Rather, the article is a mere snapshot into the Caribbean’s low productivity which will hopefully inspire further discussion. The article will look briefly at the cause, effect and solutions to low productivity within the Caribbean; not necessarily in that order.
A good starting point for this review is perhaps to define productivity. The simplest definitions is that productivity is the rate within which inputs can be converted into output. The higher the conversion rate of inputs to output the more productive an individual, organisation or economy.
As was established above, low growth is one of the side-effects of low productivity. In order to appreciate the seriousness of low growth we shall consider the following. In the 1960s income per capita in Latin America and the Caribbean was almost one quarter that of the United States; compared to present day  income per capita which is a mere one-sixth of the United States of America’s income per capita. This can be juxtaposed against East Asian countries which in the 1960s had income levels well below those of Latin America and the Caribbean; now, these very same countries are fast approaching the income levels of developed countries. Had productivity in the region grown at-least at the same rate as the United States of America, the income per capita of the region relative to the United States would have remained roughly at one-quarter after 50 years. Instead, our income per capita has worsened considerably in relation to the United States of America and many other economies and regions globally.
Within the Caribbean we have paid dearly for our lack lustre economic growth which has resulted from low productivity. One side effect which comes to the fore is rising public debt. Since, our growth within the region has been constrained, occasionally we are forced to borrow to survive; not only to cover capital projects but at times we borrow to meet recurrent expenditure.
One response taken by most Caribbean nations at one time or another to combat low growth was the provision of tax incentives to attract foreign direct investment, with the intention of increasing activity within the respective country and thereby propelling growth. These measures although well-intentioned can be harmful in the long run. For example from the 1970s and 1980s Jamaica’s industrial policy was based on two pillars: granting tax incentives to attract foreign direct investment and export promotion. This has resulted in a complex system of tax incentives which has distorted the country’s structure of taxation. Jamaica’s tax system consists of over 200,000 different incentives all in the name of attracting foregn direct investment; unfortunately, these incentives on average result in the government forgoing approximately 20% of its annual revenue. This lost revenue again leads to state borrowing, but also robs citizens of revenues which could have otherwise gone into infrastructural development, healthcare, education and any other number of causes.
The effects of low productivity are felt not only by the state and policy-makes, but also by the common man. Low productivity countries will normally have a lower standard of living and a more diminished quality of life in comparison to similar countries which enjoy higher levels of productivity. This is evident from the differences which would arise in income per capita from the above example; if using this as a proxy for standard of living. Eventually the population will realise the inability of the state to provide the quality or extent of services that more productive countries are delivering, which then results in a diminished sense of wellbeing and quite possibly migration in search of more lucrative opportunities. Once again this scenario is representative of the Caribbean, where in previous decades entirely families uprooted in droves en-route to the developed world in search of a better life.
Of-course there are a number of other side effects from low productivity, apart from the few mentioned above, but brevity must take precedence. The root causes of low productivity are just as sobering as the effects. If the question of “What causes low productivity within the Caribbean” is posed to the average Caribbean citizen he or she may not hesitate to finger the government or the laziness of Caribbean people. However, the causes of the deficiency are far broader and extend well beyond the bad habits which we have adopted as a society.
Poor allocative efficiency can be credited as the overarching causes of low productivity within the region. What this means is that the allocation of resources within the region has been or is being done in such a way that the maximum benefit from resources is not being obtained, resulting in Caribbean individuals, firms and governments paying a premium for lost output as a result of input resources not being assigned to where they would provide the highest value and return.
One infamous example of allocative inefficiencies across the region is through government social policies; either through government spending or regulation. ‘Blanket policies’ which are not properly implemented or monitored can have unintended consequences to the detriment of the economy. For example short term government employment programmes in Trinidad & Tobago have paid wages above the market rate for unskilled workers. This has resulted in an influx of applications for those programmes, resulting in a large number of unfilled vacancies for unskilled positions such as cashiers, cleaners and store assistants. This may seem innocent, but the impact is that salaries for these positions must then be raised to compete with government short term employment programmes and attract suitable labour, thereby unnecessarily increasing the cost of operations and making output less competitive regionally and or internationally. Social policies if left unchecked (as has been done in the region) result in a far greater cost, than just the funds allocated for these programmes. This is just one example of a well-intentioned social programme having adverse side-effects.
Interventions in the labour market by trade unions and other stakeholders can also hamper productivity, by preventing the efficient allocation of resources. Sometimes, these interventions may seem like a necessity, but this may be far from actuality. One prominent example is the upwards negotiations of wages solely on the basis of the increasing costs of living. Employees who are deserving of wage increases certainly should not be denied of such, by no means is this being suggested; however, rising costs of living may not be the most suitable benchmark to determine whether increases are necessary. Increased profitability of private companies and noteworthy performances are more appropriate criteria for determining wage increases. When wages and salaries increase solely in response to the cost of living, this increases a company’s cost of operations, without any increase in revenue or returns, therefore making operations less profitable, competitive and more expensive. The ultimate result will be a reduction in the demand for the goods and services of this company, possibly, with the eventual shutdown of the company, a fate which could have otherwise been avoided. Perhaps, this is why the Caribbean is one of the most expensive tourist destinations globally, and not because of the loss of economies of scale due to our smallness.
Our ‘smallness’ in terms of landmass, population size and the size and proximity to major trade partners results in diseconomies of scale, which also plays a part in reducing efficiency and lowering productivity. Diseconomies of scale contribute to some extent to the elevated costs which we face in the Caribbean. Free trade has often been touted as a boon to productivity by the developed world, because it exposes producers to greater competition, forcing them to cut costs and increase efficiency while providing greater access to more and better inputs. However, high trade and travel costs, particularly those associated with transportation, have prevented the Caribbean from reaping the benefits from international trade. Economic resources must be diverted to an inefficient transportation system to facilitate trade; thus hampering the overall level of productivity in the economy. Most Latin American and Caribbean countries have higher freight rates when exporting to the United States of America than countries in the Far East and in Europe. This is alarming, particularly when considering the proximity of the Caribbean to the United States of America compared to countries in the east.
Additionally, ports and airports within the Caribbean are grossly inefficient. Inadequate physical infrastructure, archaic processes and inflated costs of operations are usually to blame for these inefficiencies. The 2014 ‘Ease of Doing Business Report’ revealed that the average costs of exporting and importing a container for Latin America and the Caribbean stood at US $1,299.10 and $1,691.10 respectively; this is in comparison to East Asia and the Pacific which held the lowest costs for exports and imports in the amounts of US $864 and US $895 respectively.
The role of technology is perhaps the most significant variable in the productivity equation. Technology determines how efficiently inputs are converted into outputs. It should be noted that technology does not refer only to information and communication technology but is far broader incorporating most sectors. The role of technology in relation to productivity is just as significant for the Caribbean as it is for other regions. Unfortunately, the Caribbean trails the rest of the world in innovation and technological developments. Whilst the Caribbean may be up to par (although this too is arguable) with the technologies which are used most of these technologies have been adopted from other regions and may not be optimally suited for the Caribbean therefore we have not maximised the benefits from technology. For example most techniques and technologies relating to agriculture have been adopted from abroad and used within the region. The region has done very little to introduce indigenous technologies which are responsive specifically to the needs of the region. One indicator of this deficiency is the fact that the highest ranked Caribbean country with the number of researchers per 1 million people ranks at 65 (Trinidad & Tobago) with 589 researchers for every 1 million people, in comparison to the leader Iceland with over 13 thousands researchers per million people. The lack of technology which meets the specific needs of the region means that what is adopted is often times not ideal for the region but rather is a compromised version of what otherwise could exist.
Now that the cause and effect of low productivity have been explored some time can be spent considering the options for overcoming the phenomena. Lifting productivity takes time, requires thoughtful choices, patience and perseverance; and is underpinned by concerted analysis of the data, research and other evidence. Increasing the productivity for the Caribbean will depend on the coordinated efforts of individuals, firms and institutions in both the private and public sectors. A one-time solution cannot be put forward to remedy the deficiency but rather a holistic push is needed to reverse the fate of regional economies. Innovation and the introduction of indigenous technology are two must-haves for improving productivity. Deliberate efforts should be made by regional governments to push the creation of new technologies and fostering of an atmosphere where innovation can thrive. Investments are needed in research and development, which will allow for technologies tailor made to respond to the unique challenges faced by the Caribbean. Also, knowledge-intensive business services, such as telecommunications, software, and engineering, can strengthen the innovative capacity of the whole economy, improving a country’s long-run growth potential.
Countries must pay closer attention to traditional services, such as transport, logistics, and wholesale trade, and the creation of links between and among the different production blocks of the economy. Increases in productivity from the creation of linkages will improve productivity in creating final goods; which will have the added effect of increasing competitiveness.
Implementing policies which correct allocative inefficiencies within the region may be challenging, perhaps this may be the most challenging task. This is because policies may go against measures that give immediate relief to society as well as immediate political benefits, such as tax exemptions for sometimes non-performing sectors. Caribbean governments must first recognize the error in pursuing short term gains at the expense of long term objectives.
There is no one policy, or direction which will correct the allocative inefficiencies which exist. Policy-makers will then need to evaluate policies from a national and regional perspective; and address those policies which may distort market forces and not inadvertently adversely tip the natural balance of the market. A balance must be struck between short run outcomes of providing relief to those who have been disadvantaged and long term objectives necessary for development and productivity improvement. A number of considerations must be made by policy-makers; each unique to the particular Caribbean country its national circumstances, resource allocations, institutional history and cultural preferences.
Ultimately, it is difficult to drill down to a one size fits all approach for lifting the productivity within the Caribbean. The above suggestions are merely a start, and after further consultation many more causes, effects and solutions to chronic low productivity within the Caribbean will be identified. There are certainly many more which have not been mentioned within this article but this does not make them any less important. Throughout the introspection, one would expect the recurring theme to be that tough decisions need to be taken to reverse the misfortunes which have plagued the Caribbean for the past few decades. It is my hope, as I am sure it is the hope of every reader of this article that we will soon get it right and begin to reverse the fortunes of the Caribbean.

An Organised Space – An Organised Mind

By Productivity, Self Improvement, Tips

Some Experts Say That Your Workspace Can Make Or Break You Productivity WiseDo you ever wish you could peek inside the offices of productivity and organization experts to see how they set up their own workspaces for maximum efficiency?
Imagine the wealth of knowledge that such insight could give you. On realising the value of such information, the National Competitiveness and Productivity Council have researched the workspaces of some of the most well-known productivity experts in the world. This is what we found.
PETER WALSH
Organizing Guru Peter Walsh, author of ‘It’s All Too Much: An Easy Plan for Living a Richer Life with Less Stuff’, says he imagines his desk like a car. Everything you need most immediately—the steering wheel, radio, ignition, indicators, door handle—is at arm’s length. Things that are needed but not used regularly are two-arms’ lengths away, such as in the glove compartment, and the things used infrequently are in the trunk.
Your desk should be exactly the same,” he says. “When you’re sitting at your desk, the only things you should be able to touch are the things you use all the time.”
Walsh’s desk holds his computer and keyboard, a charging station for his phone, and vertical files that hold active projects. “That’s all I have on my desktop,” he says. “Your desk is a workstation, not a storage facility.”
DAVID ALLEN
Productivity king David Allen, author of ‘Getting Things Done: The Art of Stress-Free Productivity’, needs just a small desk in his Amsterdam office. He says a desk should hold four things: supplies, reference materials, decorations, and equipment. Anything else should go somewhere else.
A tour of his desk includes a box of facial tissue; a container that holds a letter opener, fountain pen, three felt pens, a ballpoint pen and scissors; and a standing file rack he personally designed that holds about 20 labelled file folders with current projects and client work. He also has a MacBook Pro on a vertical stand that connects to a large screen, a blue-tooth keyboard, and a mouse pad.
Allen also keeps two paper notepads in different sizes, and a pen at the ready. The in-basket is one of the most important tools on Allen’s desk, and it keeps his workspace clean. “It’s the funnel for miscellaneous things you haven’t decided about yet, such as mail or meeting notes,” he says. “Throw them in there. It’s the one place that gives you freedom and discipline to capture unprocessed stuff so it’s not thrown all over the desk”.
JULIE MORGENSTERN
Julie Morgenstern, author of ‘Organizing from the Inside Out’, keeps her desk neat by being selective about what’s on it. Hers includes a computer monitor, keyboard, telephone, and a small clock with an important function: “It’s easy for me to get absorbed in what I’m doing, and it keeps me conscious of the time,” she says. “It’s an old-fashioned clock with a second hand and very clear numbers. I don’t like looking at my iPhone for the time; it’s a device that sucks your energy.”
The most important tool on her desk, however, is her Balanced Life Planner, a product she designed herself, she says.
“It’s always out, and if an idea comes to me about something else I want to do, I immediately put it in my planner,” she says. “Then I can stay focused on what I’m doing. It helps me capture to-dos and guides me through my day, telling me what I’m doing when.”
Morgenstern also keeps a glass of water on a felt coaster and a quote-of-the-day affirmation calendar by Louise Hay. “It’s not an essential,” she says. “It’s something new I’m trying.”
Nicknamed “the queen of putting people’s lives in order” by USA Today, Morgenstern says she prefers her desk to be a clear surface except for what she’s working on at that moment. “I might have a client file or media interview folder, but if I’m not working on it, I don’t keep it out,” she says. “Once you start leaving things out, it becomes distracting. I store everything else within a spin of my chair.”
KIP TINDELL
As CEO and founder of The Container Store, Kip Tindell has access to multiple organizing tools to keep his desk tidy, but he’s very selective about what he uses. “I like to keep my work surface as open and clutter-free as possible since I prefer to be out, interacting with others instead of cooped up in my office,” he says.
Tindell uses stackable desktop organizers from his company’s Like-It Collection to hold office essentials. His desktop also holds a selection of books written by colleagues and friends. And decorating the surface is a collection of seven colored blocks that represent his company’s seven Foundation Principles, which guide everyone on how to treat employees, customers, vendors, shareholders, and the community with respect and dignity.
Since his desk is streamlined, Tindell says it typically doesn’t get too unruly: “As you can imagine, we like to keep things well organized at The Container Store,” he says.
There are many systems that you can use to organise your desk. You may even choose to incorporate different organizational styles to create one of your own. Either way your objective should be to implement an approach which will allow you to carry out your daily tasks productively.

Essential Productivity Tools That You Can Use Everyday

By Productivity, Self Improvement, Tips

Certain Apps Will Allow You To Set Your Productivity In MotionJuggling your home and office routines can prove difficult and with the festive season literally around the corner it is officially time to crack down, be productive and get things done. Getting into a rhythm can be difficult, so here are some tech tools to make it as painless as possible. They can help streamline productivity and organize life — in and out of the office
Task management
Nose is an app that allows you to create categories to prioritize tasks, and share projects with people on your team. You will be able to see as team members’ check off tasks in real time, allowing you to stay on top of big projects. It also syncs with Evernote, Dropbox and Google Calendar, making it easy to keep all your important information updated and in one place. Although Nose is a subscription-based service, streamlined productivity is well worth the investment. Available on Mac, Windows and Linux and with mobile apps for Android and iOS, Nose seamlessly transitions from desktop to on-the-go. There’s even an app for the Apple Watch.
Nose can be a bit tricky for folks new to digital organization, so if that seems a little too complicated for your liking, Wunderlist makes a great entry-level productivity tool. Available on Mac and Windows with mobile apps for Android and iOS, Wunderlist is compatible with all major devices (including the Apple Watch).
Wunderlist allows you to organize projects by folder, set reminders and share task lists with others. Individuals can try out the free version, while Wunderlist Pro and Wunderlist for Business offer advanced capabilities for business users.
 
Password management
LastPass is a great basic password manager, and offers a free version, a subscription version and an enterprise option for businesses. Compatible with desktops, smartphones and tablets, LastPass stores passwords and website information in a centralized “vault,” where users can see and edit their information. LastPass also allows users to store multiple logins for the same site and input payment information to streamline online shopping.
SecureSafe is another password management tool, but it also goes above and beyond with file storage and transfer capabilities. Users can back up and organize important files in one secure location, with the ability to access them from anywhere. It’s compatible with both desktop and mobile devices, and offers options for businesses as well as individual users.
Money management
Mint is a free personal finance app that allows users to integrate multiple accounts (think banking, loans and retirement accounts), budget and keep tabs on upcoming bills. Users can track and categorize spending, set monthly goals and see visual displays of their progress. The app also offers recommendations and money management tips. While it’s compatible with iOS and Android devices, the mobile applications are read-only, so users must set up their accounts from a desktop.
Better Haves is a money management app that allows users to create virtual envelopes for customized categories, like groceries, utilities and entertainment. When spending occurs, users can deduct the amount from the specific category, making it easier to track expenses and stay on budget. Envelopes can be shared with other users, making this app particularly useful for couples. The app is compatible with both iOS and Android devices, and does not offer a desktop version.
Family organization
The About One Family Organizer provides parents with a centralized place to keep track of the family calendar, health and insurance paperwork, school records, vehicle information, receipts and more. It’ll also send users reminders when it’s time to fill prescriptions, make appointments or for upcoming events. There are several different pricing options available, including a basic free version. AboutOne is available for both Android and iOS devices.
Cozi is another app that allows parents to manage family schedules, shopping lists, chores, meals and more. It can send appointment reminders through the mobile app or email, and it delivers weekly agendas straight to your inbox. Cozi is available for both Android and iOS devices, and can be updated from desktops.
These apps can help make home and office life a lot more organised and productive. Keep in mind however that the use of a succession of technologically based apps can actually have a reverse effect on your productivity levels. Do not become a victim of productivity app overload. Use only the ones that truly help to streamline your work life and that aid in keeping you on track in relation to your everyday circumstances.

The Impact of Competing Businesses to Productivity & Competitiveness

By Competitiveness, Productivity, Trade

Competing Businesses Demand An Increase In Productivity and CompetitivenessWhen you think about restaurants, stores and retailers near you, why do some seem to thrive whereas others are empty and ready to close down? The answer lies in competitiveness.  A competitive business refers to a business entity which uses all of its resources to outperform its competitors.  These businesses do so in a sustainable way rather than just over the short-term. In the Saint Lucian context, there are some markets where firms must compete in order to succeed. Those who battle to succeed are generally those who are competitive.
Competition in the business environment not only has a positive impact on consumers but on the local economy as a whole.  Domestic rivalry supports productivity and international competitiveness of the business sector and promotes dynamic markets and economic growth.  That is, when local businesses are competing with each other, they strive to keep down their operating costs which makes it is easier to pass on competitive prices to consumers. Lower prices means that the disadvantaged segment of the population are now able to enjoy lower prices. Therefore, these businesses can now reach more customers and can thus increase their market share. This in itself means that those firms are achieving increased productivity while competing.
In addition, competitors in the same market are always trying to increase their share of the market. In doing so, they may export goods and services to foreign markets. This has the advantage of helping them get more sophisticated clients overseas. Of course increased market share overseas can translate to increased profits. These local businesses are then able to expand and employ more workers. If this happens collectively, this will translate to increased employment, competitiveness and thus economic growth for the country.
Michael Porter, the competitiveness guru has stated that industries that are competitive internationally are those in which domestic rivalry is the strongest. He suggests that domestic rivalry contributes to the success of a country in a particular industry.  For example, Korea’s electronics sector is globally recognised and highly competitive. The sector’s high performance resulted from rivalry between domestic companies like Samsung and LG. Therefore, when firms aggressively compete with each other locally this means they are more prepared and better able to compete and sustain competitive advantage in the international market.
Business leaders must understand that the never-ending search for competitiveness is, therefore, a search for competitive advantages. All firms in the same line of business are chasing the same thing, so you can see that the concept of competitiveness is a moving target.  The complacent business that has enjoyed advantages in the past soon finds that it is overtaken by hungrier, fast-moving competitors.
Competitive businesses usually have one or more competitive advantages. Competitive advantage refers to the factors that allow a business to outperform its competitors. In order for a company to use those advantages to work effectively, they need to be sustainable.  A business which has achieved a competitive advantage means that:

  1. The company has been able to add more value to its customers than its rivals and has been able to attain a greater market share than other firms.
  2. The company has an advantage over its competitors by offering a superior value, quality or service.

In conclusion, it is important that our local businesses know how to compete. They have to implement strategies to enable them to be more competitive. These entities have to strive for excellence in order to face fierce competition and more importantly for survival. This effort to outperform their competitors supports productivity and competitiveness which contributes to overall economic growth.

NCPC Empowers Young Entrepreneurs towards Increased Productivity

By Competitiveness, Productivity, Self Improvement, Tips, Youth

Information Processing, E-Commerce, Social Media Marketing and Customer Service Will All Be Touched On At The EventThe National Productivity and Competitiveness Council (NCPC) reinforces its commitment towards promoting increased productivity and competitiveness by embarking on actions and activities which educate and encourage a mind-set change amongst the Saint Lucian citizenry.
Continuing on in this vein, the Council is seeking to empower and encourage future success amongst young entrepreneurs to equip them with the tools which will promote increase in innovations and by extension making their businesses more competitive.
To this end, the NCPC will be hosting as part of Productivity Awareness Week 2015 “The Competitiveness Enrichment Seminar” which will be held on October 15, 2015 from 9 a.m. until 3:00 p.m. at the ICT Centre on Bourbon Street, Castries.
The seminar will feature informative and engaging sessions touching on, amongst others, subjects such as Information Processing, E-Commerce, Social Media Marketing and Customer Service.
Event organiser Marina Suraj of the NCPC states:
‘If you are between the ages of 18-35 years and are an entrepreneur with a micro-business, this opportunity is for you!
The NCPC encourages persons who are interested in attending this one day session to contact their offices between Monday and Friday, from 8:00 a.m. to 4:30 p.m. before September 25, 2015 to indicate your interest. All interested persons are asked to register for this event at the earliest as a limited number of spaces are available.
A short profiling questionnaire has been designed and placed on the NCPC Facebook page for persons who wish to attend.  You are welcome as well to visit our offices located on the Second Floor of the Financial Centre Building, Bridge Street, Castries to obtain and complete the eligibility form.  The form seeks to ascertain the eligibility based on the age requirement which qualifies you the entrepreneur as “youth” and other pre-set features which identify your business as a “micro-enterprise.
For those who maybe working within the day but would still like to attend one of the events, we will be hosting a young entrepreneur’s mixer on the evening of 16th October, at The Blue Coral Mall from 6pm to 9pm. This will be a great networking event where numerous linkages can be made to help anyone along the way in relation to growing their business. Again, numbers are limited so we encourage those interested to get in touch with us at the earliest convenience.”

Mental Health and Its Impact On Productivity

By Productivity, Self Improvement

mental healthEveryone has the right to employment in conditions of security, equity, freedom and human dignity. For persons with mental health problems, achieving this right is a challenge.
According to the World Health Organization (2001), mental health is defined as ‘a state of well-being in which the individual realizes his or her own abilities, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to his or her community’. However, in today’s workforce many people seem to be plagued by this disease and it is often overlooked as they are usually hidden by individuals in the workplace. For people suffering from mental illness, social exclusion is often the hardest barrier to overcome and is usually associated with feelings of shame, fear and rejection. Therefore, the stigma that is attached to having a psychiatric disorder dissuades most from admitting to its existence. There is also a reluctance to seek treatment out of fear that it could result in job loss.
As a result, mental health disorders often go unrecognised and untreated. This is not only detrimental to an individual’s health and career but it also influences productivity in the workplace. Mental illnesses have a huge effect on interpersonal relationships at work. People who suffer from mental illness may withdraw from others, act in unexpected ways or take a lot of time off. This can therefore strain relationships with supervisors and co-workers.
Employee performance, rates of illness, absenteeism, accidents and staff turnover are all affected by employees’ mental health status.
Treatment, if applied could ultimately alleviate symptoms for the employee and improve job performance. However, accomplishing these aims, especially in St. Lucia, will require a shift in attitudes as they relate to the nature of mental health disorder. Common mental health problems that can be found in the workplace include depression, bipolar disorder, attention deficit hyperactivity disorder (ADHD) and anxiety. The symptoms of which are all highly documented, but they tend to manifest differently at work. Although, effective mental health services are multidimensional, the workplace is an appropriate environment in which to educate individuals and raise their awareness on mental health. It is highly suggested that companies acknowledge and invest in the mental health of their employees. Not only for the sake of their employed workforce but also for the company. When organisations focus on the practical things that can be done to alleviate mental illness in the workplace the numbers of hours worked and productivity improves. Therefore, in the long term, costs spent on mental health care may represent an investment that will pay off- not only in healthier employees, but also for the company’s financial health.

How to be a Productive Intern this Summer…

By Competitiveness, Productivity, Self Improvement, Tips, Youth
St. Lucia Hotel and Tourism Association Apprenticeship Scheme Intern Melissa Mondesir

St. Lucia Hotel and Tourism Association Apprenticeship Scheme Intern Melissa Mondesir

Internships provide real world experience to those looking to explore or gain the relevant knowledge and skills required to enter into a particular career field. Internships are relatively short term in nature with the primary focus on getting some on the job training and taking what’s learned in the classroom and applying it to the real world.
Internships are an excellent way to begin building those all-important connections that are invaluable in developing and maintaining a strong professional network for the future.
Each year, thousands of students gain experience by doing summer internships. In order to be successful at your internship this summer here are seven tips that could help you make your stint productive.
Start your day early
Set your morning alarm earlier than usual and swing by the office ahead of time. If you’re feeling overwhelmed, this extra time in the morning can be very useful. This allows you the chance to complete a few tasks, check your inbox, and feel less rushed throughout the day.
Write  down  everything
Whether you consider yourself to be an absorbent sponge it never hurts to carry a notebook. When you have to remember important information, you won’t need to waste time racking your brain, but can open up your handy notes instead. Invest in a quality notebook or two and always keep them handy throughout the day for easy access.
Utilize to-do lists     
Keeping a planner or to-do list can be help you keep track of your daily and weekly assignments as an intern. Remember, time management is crucial to becoming more productive. You will be thankful that you have everything scheduled neatly once your tasks and weekly meetings start to pile up.
 Take regular breaks
Taking regular breaks may sound counterproductive however this will increase your performance at work. Studies have shown that breaks can help increase attention span as well as prevent fatigue and eyestrain from sitting at your desk all day. Everyone needs time to unwind and stretch- take a water break, make small talk with staff or take a few minutes to meditate.
Eat snacks
Don’t go hungry during your internship; snack on some healthy treats for extra energy and brain power. Skip the  sugary sweets that can make you feel sluggish and grab something quick for the office for example almonds (a handful is rich in vitamin E, calcium, and potassium), fresh or dried fruits (naturally sweet and also strengthen your immune system), or carrots with hummus (which has protein, calcium, iron, and can improve your eyesight).
Ask for help
Try to avoid being the intern who refreshes their outlook inbox every five seconds waiting for something to do. Ask your supervisor or any other colleague in your department if there are additional tasks that needs to be done. Always ask for guidance if you are unsure of how to complete tasks and bear in mind that you are there to learn and grow. Showing initiative and interest will definitely increase opportunities for growth.
 Meet everyone you can 
You’re an intern in an office filled with industry professionals make use of this opportunity to network. Start by saying “hello” to people in the hallways, and always make sure to introduce yourself. The connections you make at your internship can not only keep you busy at work today, but also land you your dream job five years down the line. Remember to stay connected with everyone you meet (and add them on LinkedIn)!

Volunteering To Enable Others To Shine

By Competitiveness, Productivity
Some of The Successful Candidates

Some of The Successful Candidates

A productive citizen is one not afraid of volunteering their services for the greater good of the nation.  They go all out for others and their country selflessly and sincerely. When the National Competitiveness and Productivity Council hear about individuals giving of their time and effort freely to back a productive cause, we feel obligated to highlight their efforts.  Shelly-Ann Noon is one person we felt had to be recognised due to her efforts in helping to bring about the attainment of 42 educational scholarships for 42 young St. Lucians in London England.  Here she captures her experience in her own words.
‘As I continue to receive updates and photographs from the 42 students who are actively pursuing their dreams in the UK, I marvel at the difference that three months have made in their lives.
I remember with all clarity March 31st, when we sent out our first press release. We were thrilled at sharing this amazing opportunity but also anxious about the time line within which we would have to work. BPP University in the UK had extended 50 Full Tuition Scholarships to St. Lucian nationals in the disciplines of Business and Law.  These scholarships were for their May 2015 intake. We had 6 weeks.
After 48 hours we had received over 50 emails; before the end of the week we had crossed the hundred mark.  Students were requesting additional information, some seeking support and guidance through the application process. We were truly grateful when the university offered to send a representative down to St. Lucia to expedite the sign-up process. Mr Jose Castro, the director of Admissions, flew down a week later and spent three days at the SALCC interviewing and signing up students.
We now had less than a month for those who qualified to resign from their jobs, move out of their rented apartments, and tie up all loose ends, even before they had been issued their Tier 4 student visas which came with rich criteria. This proved to be our greatest challenge yet.
A plethora of emails danced between RISE, BCCC, BPP and the St. Lucian Government. Pre-existing bonds had to be deferred, financial institutions had to be endorsed by the Ministry in order to be accepted by UKVI, employers extended reduced mandatory notice to their employees, banks worked tirelessly with the limited resources of the students and the students themselves continued to support and encourage each other. It was no easy feat.
Faith, endurance, perseverance and eventually gratitude, become the pillars of their character as their learned to brush off one rejection after another and continue pushing onward. There was an abundance of paperwork, footwork and prayer.
Now, every day I receive messages from one or two of those remarkable young people, with updates on the progress that they continue to make in their new lives; and every so often there is an image attached of their faces bright with promise. I especially love noting the incredible backdrops- amazing views of London, a true sign that they have accessed a whole new world.
It would be remiss of me to not mention and extend heart felt gratitude to those who held the torches along the dark and challenging trails: Juliette Wagner James of BBP University who created and extended this opportunity, Jose Castro and his assistant Rebecca Charlton who worked 7 day weeks and 14 hour days so that the students would meet deadlines, the Ministry of Education and Government of St. Lucia who opened closed doors, the financial institutions (especially FICS) who worked with the students and found light, however little, and made it enough to convert opportunity into reality. Hibiscus Travel and Virgin Atlantic Airlines for extending group rates for travel, Bay Gardens Hotel and the staff of SALCC who offered spaces for us to meet as often as was necessary, the staff of FEDEX and their Customs officers on duty when those returning travel documents were needed in short time. The members of the British Caribbean Chamber of Commerce who remained throughout a phone call away, always willing to assist. The members of RISE (St. Lucia) Inc. who never missed a meeting, a call or group chat detail, and the staff of the British High Commission with special thanks to Mrs. Debbie Worrel here in St.Lucia and Dr. Ernest Hilaire in the UK, who made the impossible possible and today continue to offer a support system to the students. Finally, those individuals who went into their personal wallets when all resources had been exhausted before all needs could be met – Mr. Mandish Singh, Mr. Matthew Beaubrun, Mr. Boo Hinkson, Mr. George Alcindor, Mr. Leevie Herelle and Dr. Jacqui Bird.
Coming through to the other end of this initiative, it is evident to me that our young St. Lucians really do have a thrust for knowledge. It was heart breaking to see those who, through no fault of their own and certainly no lack of effort, were unable to avail themselves of what was sure to be a legacy altering opportunity.
It is my prayer that those 42 students who triumphed will continue to embrace the light, make rainbows of the UK rains and illuminate the path for those hopefully only temporarily left behind’.
to avail themselves of what was sure to be a legacy altering opportunity.
It is my prayer that those 42 students who triumphed will continue to embrace the light, make rainbows of the UK rains and illuminate the path for those hopefully only temporarily left behind’.

What is your idea of a productive summer vacation?

By Productivity, Self Improvement, Tips

Productive Summer Vacations Are The Most MemorableHave you ever asked yourself ‘what makes a good summer vacation’? Some feel that a favourable vacation consists of simply laying back and doing as little as possible.  They see a vacation as a period of time when schedules are banished and deadlines are ignored. There are others however who live life under the premise that every second of every day must be spent in a structured and orderly way. They believe that no period of time should be unregulated and thus wasted. How an individual spends their time off is a personal decision, and no one way should ever be viewed as wrong but for those who would prefer to follow a productively active plan, there are some actions that can be taken to help you do so.
Wake Up Early
Nothing eats away at your summer break like staying beneath the covers for most of the morning.  Decide the previous day when you will get out of bed, then make sure to follow through. During the first few weeks of your vacation, chances are that you will relish the opportunity to sleep in. It’s okay to do this and to give yourself a break but try not to make it a practice throughout the duration of your holiday as you may well end up spending the entire time in bed.
Maintain Good Health and Hygiene
Just because you are not obligated to leave your home every day during your vacation, it does not mean that you have to let yourself go. Take care of your health and hygiene.  You may also consider taking some summer fitness classes to get into shape or to help improve on the great shape that you already have.  If you are not too interested in joining a formal fitness club or group you should still try to get outside and have fun every day.
Study
Research a topic of interest, make some time to find out about something new. Your studying does not have to be limited to a book or the internet however. Go out to a museum, a gallery or a library to find out more about the chosen subject.  If you are a student, remember that studying remains essential throughout the school year. Look over last year’s notes or do some research into what next year’s courses have in store. When school resumes, you`ll be grateful that your academic knowledge and skills have not deteriorated.
Join a Volunteer Group
There are always groups around the community in need of some help. Give up some of your time to help out. You will feel a great sense of accomplishment.
Go To Camp
Camps do not only pertain to children. Adult camps may be in operation under a different name or format.  Ask around, you may be surprised at how many adult community activities are in operation that offer the chance of learning something new.  You could learn to write, draw, bind books, make photo albums, knit and so much more. Try something new and different, something that you know nothing whatsoever about and you will gain a new skill and possibly find a lifelong hobby to love.
As stated, everyone has their own idea of what makes a good summer vacation and no one way is better than another but if you are not travelling abroad or planning anything elaborate for your summer break you can still make it memorable by making it productively active.