Raphael John-Lall
The (TTCSI) Dianne Joseph would like to see an improvement in the conditions that local businesses operate in.
In an interview with the Business Guardian, she spoke about the current business environment, her plans for the TTCSI among other issues that are affecting the world of business.
Joseph assumed office on May 3 and has been an active member of the TTCSI since its inception in 2006.
She will serve as the TTCSI’s president for three years.
“The foreign exchange challenges, crime and criminality, gun violence and what law enforcement has described as gang-related offences are among the significant obstacles for doing business in T&T. This has been so for some time and appears to be on a continuous upward trajectory. While our governors have been seeking to get a hold on these challenges, those involved seem to have their ‘business plans and strategies’ aimed at keeping them ahead. Many countries have issued guidelines to their citizens on the need for extra caution when visiting this country and this cannot be considered a good signal for the ease of doing business in T&T,” she said.
She said the talk of cybercrime, extortion, kidnapping, robbery, theft and the constant bloodshed are all negative issues that can be associated with the negative aspects of life that T&T now faces.
“Our governors and many stakeholders cannot be faulted for not seeking various avenues to counter these unwanted forces. But, one of the bigger problems for our governors is getting a good hold on those who are charged with the responsibility to protect our people, borders, country and other aspects of this country’s operational systems to the point that everyone so charged can be trusted to uphold the law in its truest form. The need to eliminate the bad eggs cannot be over-emphasised. It is no secret, there are many before the courts in similar numbers to that of the ordinary man. A revisit of the recruitment processes to fill the offices of those with responsibility to protect and serve and a revisit of the performance evaluation systems may require a review and or strengthening and thus considered a good starting point.”
She also said while there appears to be an improvement in the area of programmes for the youth in T&T, the need for educating young people on the importance of education to their future growth and development appears to require additional work.
“Many of our young people would have dropped out of school during the COVID-19 pandemic and others continue to not see the need for school. Our social services and those with responsibility for education must get together to further strengthen this area and to implement strategies which may serve to guide our young people along a path of stability and progress.”
Having been in the field of education for several years, Joseph said she fully understands that society will win some students and may lose some, and the country may lose some adults and may win others.
“Nevertheless, the goal is to keep trying to win them all so that we may minimise the challenges of today and make our twin-island state a better place.”
Strategic planning
Joseph spoke specifically about some of her plans for the TTCSI.
“My aim is to further strengthen the governance structures, strategic planning and development of a robust policy framework that will position the TTCSI as the leader in the Caribbean region with the aim of taking it to international levels in the future. From the member perspective – heavier focus on continuous developmental programmes to support SMEs in their thrust to develop and grow. Budgeting, simple business plans, setting up governance systems and policies and an understanding of business management will also be in the forefront in the coming years. The smaller organisations must be able to advance their business further up the success ladder while the already established ones will be motivated to further strengthen what they do so that they can adequately compete in the market in which they operate.”
She also said all TTCSI’s projects currently in effect will be supported and it is her wish that there will be trade missions, Gateway to Trade Cohort 2 and linking members to business opportunities globally.
“Real time advocacy on behalf of all members will be heightened and TTCSI will remain a voice on matters of national interest as well. The importance of these initiatives cannot be over-emphasised given the fact that the TTCSI represents 700,000 members, which is a significant footprint in the country.”
As the national umbrella organisation for the services sector, Joseph considers it important to promote networking and partnerships with organisations that have a similar modus operandi and ethos.
In the current environment, she said this will bring value-add in terms of lobbying and advocacy and exchange of critical data.
“The Caribbean economies have for some time recognised the value of working together and the need to improve integration. For example, intra-regional trade and policy coordination can support the region’s small-sized economies and build greater resilience. It can also enhance bargaining power on the global scale. Coming together will serve as a motivational factor to achieve peace, stability and wealth that are needed in most jurisdictions and TTCSI will aim to be among the leaders in this regard.”