Crossing the Chasm
The Road to Economic Recovery Conference
On August 14th 2020, the PSOJ had a first in the world national conference on how to deal with the Economic Fallout of Covid-19. Thought leaders in the public and private sector came together to share ideas on how we will Cross the Chasm: The Road to Economic Recovery. It was a jam-packed all-day agenda filled with intense creative thinking about the way forward.
Section Recaps
Keeping our Businesses Going
Hosted by Ms. Lauri-Ann Ainsworth - CEO, Branson Center
Critical Impacted Sectors
Mr. Richard Pandohie - President, JMEA - Starts at 0:43
What are we seeing in Manufacturing? Which sectors are doing well? Which sectors are struggling?
When are we likely to see a return to pre COVID-19 Levels of economic activity?
What are your biggest concerns about the sector going forward?
What is needed now to provide the right kind of support for Manufacturing?
Mrs. Nicola Madden-Greig - Past President of JHTA, VP of CHTA - Starts at 14:50
How was the tourism industry performing in the last few years?
What have we seen since the Pandemic?
What are the basic economics of the industry in terms of fixed costs and occupancy rates required to break even?
Where are we now in the sector?
What is the impact of opening the borders?
What are the main concerns for the tourism industry at this time?
What is needed now to provide the right kind of support for Tourism?
Where might there be new opportunities for growth?
Mr. Mark Tracey - Project Executive, PSOJ AFFP - Starts at 45:02
What is the current contribution of the MSME sector to the Jamaican economy in terms of 1) number of firms; 2) GDP and 3) Employment ?
What is the likely fallout in each of these areas? Which sectors are particularly vulnerable?
What is the right kind of support that is needed now from Government and larger private sector players to ensure that the MSMEs survive?
Critical Need to Pivot
Mr. Nevada Powe - Chief Project Architect, PSOJ AFFP - Starts at 45:33
What are the various types of pivots for a business?
How does an entire industry pivot?
How do we pivot and diversify an entire economy?
What are the key Public and Private sector alignments required to successfully pivot?
Public Private Partnerships
Mr. Lloyd Distant - President, Jamaica Chamber of Commerce (JCC) - Starts at 1:14:00
What is the National Consensus on Crime?
Who are the signatories to the document?
What were the key success factors in bringing the various stakeholders to the table?
How do we ensure that we deliver on the promise?
What learnings can we apply to the COVID-19 Economic Recovery Effort?