Editorial – Young Corporate Jamaica Emerges

It is time for the young blood to assume leadership roles, not forgetting the core values and principles that have been laid out by the hard work and vision of the generation before. Technology will constantly evolve but experience is indispensible, and there is a lot to be learnt as the companies move forward. As Steve Jobs said “Innovation distinguishes between a leader and a follower”. Let’s innovate and lead.

Published

14 years ago

October 23, 2011

BusinesSuiteOnline

Change is the only constant it’s said, and 2011 has turned out to be the year living up to this analogy, the old guard is making way for the new.

This phenomenon is across the board, from who is leading Jamaica, with Mr. Andrew Holness taking over as the country’s youngest prime minister, to the top CEOs of corporate Jamaica in the 21st century.

Ten of the top 20 CEOs belong to the Baby Boomers or the Gen X, groomed to lead traditional companies transitioning into the new century. Of these top honchos four succeeded their parents; these include Christopher Levy, Jeffrey Hall, Stephen Facey and Keith Duncan.

The others were handpicked and carefully groomed for the top spot.

As corporate Jamaica is leading this change of guard, it should be pondered that apart from Anya Schnoor, Businessuite top CEO for 2008 no female made to the top 20 list, which makes us to ponder if the Jamaican corporate psyche is yet to warm up to make way for women to lead. Food for thought…

As the world economies are looking for a tangible way out of crises and yet another possibility of financial meltdown across US and the EU looming on our heads, it is time that Jamaican companies take a step towards innovating and work towards powering the proverbial BRAND JAMAICA.

In the coming months we will examine the movement of these companies and also looking into if Jamaica is prepared to have women in leadership roles – the age of the glass ceiling is passé and as companies exhibit far-reaching reforms, this phenomenon is going to catch up sooner. BM

John Mahfood “I Listed on the JSE to Raise Capital for My Business”

Published

8 years ago

November 24, 2016

Managing Editor

JSE Online Trading Platform

Published

8 years ago

November 24, 2016

Managing Editor

Grace Stockholders To Vote On 3-for-1 Stock Split Today

Published

9 years ago

July 11, 2016

BusinesSuiteOnline

Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

UK Loses S&P Triple A Rating

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.