NEARSHORING STRATEGY
FOR TRINIDAD AND TOBAGO 2022

AMCHAM T&T's Digital Transformation Committee produced a policy paper that outlined a Nearshoring Strategy for Trinidad and Tobago that has the potential to result in increased investments.

On Friday, May 13, 2022, a delegation from AMCHAM T&T led by President, Toni Sirju-Ramnarine along with AMCHAM T&T CEO, Nirad Tewarie met with Honorable Minister Paula Gopee-Scoon, Permanent Secretary Frances Seignoret and a delegation from the Ministry of Trade and Industry to present the policy paper, "Nearshoring Framework & Rationale for the Government of Trinidad and Tobago".

At the high-level meeting, the discussion centered around the recommendations contained in the paper where AMCHAM T&T reiterated its commitment to working with the Government to design and execute a Nearshoring Strategy to accelerate efforts to diversify the economy, find new and sustainable ways to increase GDP, and mitigate the negative impact of the pandemic on citizens and businesses.

Other members of the AMCHAM T&T team in attendance at the meeting were Deputy Chair of the Digital Transformation Committee, Anna Henderson (CEO, Amaranth Business Solutions), Digital Transformation Committee Member, Vitra Gopee (COO, Digital Era Group) and Tech Community and Projects Officer, Rey-Anne Paynter-Mendez.

Click the link to read the policy paper: Nearshoring Framework & Rationale for the Government of Trinidad and Tobago.

CRISIS COMMUNICATIONS 
WHAT YOU NEED TO KNOW
A PRE-CONFERENCE WEBINAR

Crises are a fact of life. All Organisations are Vulnerable to Crises. The question is not IF, but WHEN a Crisis occurs, what should an organisation do?

This session explored the issues around crisis communications and effective communication strategies. What should organisations do BEFORE, DURING, and AFTER a crisis to ensure that the company’s reputation, brand, and community relations remain intact?

View Garth Vincent's Presentation on "Key Components Of An Effective Crisis Management Plan And Its Relationship With Business Continuity".

View George Robinson's Presentation on "Crisis Communications".

ECONOMIC OUTLOOK survey 2022

AMCHAM T&T / EY ECONOMIC OUTLOOK SURVEY

"CREATING CONFIDENCE, GENERATING GROWTH"

In November 2021, AMCHAM T&T collaborated with EY to conduct a pulse survey amongst the C-Suites, and Executive Directors/Management across 11 industries. We received 91 responses.

• The purpose of the survey was to gather perspectives on how companies have been surviving or thriving in what is going into the third year of the pandemic, and how they are creating confidence and generating growth as they prepare for the future.
• The questions were focused on how companies are driving their strategy - two years into the pandemic. This encompasses the impact of COVID-19 on:

1) companies and the industries they operate in; 

2) corporate strategy as companies evolve and adapt to the ‘new normal’; 

3) talent strategy as there is a gradual return to physical work; and 

4) generating confidence to grow the economy

The results of the Survey were announced by Melanie Tom - Senior Manager | Strategy and Transactions, Ernst & Young at AMCHAM T&T's Economic Outlook Forum on Wednesday, January 26, 2022.

Click here to view and download the FINDINGS from the survey.

CONTRACTOR AND VETTING RESOURCES 

The AMCHAM T&T Security Committee has developed the following resource documents to assist companies and organisations in the vetting process of their prospective contractors and vendors.

Click here to view and download a Vendor and Contractor Vetting Questionnaire

Click here for the Supporting Guidelines and Assessment tool.

NOTE: It is recommended that these resources be used as a guide and be adapted to suit the purposes of the organisation.

Let's talk Business Continuity Planning.

How many of us saw our businesses grind to a halt at the onset of the pandemic?

SURVIVAL in today's highly disruptive business setting means that leaders must have
a BCP-ready for any disaster or crisis situation.

AMCHAM T&T hosted this interactive 3-Day BCP workshop as a peer-learning experience to
share knowledge and good practice amongst private sector partners.

In the end, companies were better prepared and fully ready to
maintain business operations during any disruptive period. 

Click on the links below to download the speakers' presentations: 

Tisha Lewis Richardson Presentation.pptx

Protect Your Data.pptx

James Trim - Business Continuity Management.pptx

Brandon Gray Presentation.pptx

ARISE MSME Workshop Materials Session II.pptx

ARISE MSME Workshop Materials Session I.pptx

AMCHAM_ARISE_BCP - Operations FINAL with PODS.pdf

AMCHAM_ARISE_BCP - Logistics FINAL with PODS.pdf

Col.Dave Williams ARISE Crisis Communication final.pptx

Building Recovery- Amcham.pdf

TishaLewis-RichardsonGHL-BCP.pptx

Wendy Dickson Amcham Workshop - Embedding BCP.pptx

On Thursday 28th January 2021, AMCHAM T&T successfully hosted its first virtual Economic Outlook Forum. 

This year's panel of experts included Stuart Franco, CEO at The TSL Group, Therese Turner-Jones, Caribbean Country Department Manager at the IADB, and Zack Nadur, Partner (Strategy & Transactions) at Ernst & Young Services Limited. 

In the months prior to our forum, AMCHAM T&T and EY collaborated to conduct a survey to gather perspectives on how companies are driving their strategy in a pandemic-altered business world. This resulted in EY's analysis titled "Can your strategy pivot faster than the speed of change - A Paradigm Shift in driving strategy". This presentation was delivered by Mr. Nadur at the forum, and can be accessed here: 

Click here to download EY Presentation for Economic Outlook 2021. 

AMCHAM T&T hosted TWO FREE Webinars at TIC 2020

At the 2020 Trade and Investment Convention (TIC) AMCHAM T&T hosted the following two free Webinars:

1) Advancing Industry Through Tech

2) Your Digital Store & Inventory Management

  

Both webinars were part of AMCHAM T&T’s Digital Transformation Series, which was made possible by our Title Sponsor, Republic Bank and our Platinum Sponsors – Digicel Business Solution and PWC Trinidad and Tobago.

Click the links below to view both Webinars:

Advancing Industry Through Tech - Click here

Your Digital Store & Inventory Management - Click here

2020 Pre-HSSE Conference Webinar

On July 24th, 2020 AMCHAM T&T launched our first in a series of Pre-Conference Webinars aimed at providing participants key insights into our upcoming 24th Annual HSSE Conference and Exhibition.

For our first Webinar, we invited Kym Bancroft, Health and Safety Manager, People & Safety at Queensland Urban Utilities to share knowledge and insight on the topic: “Human & Organizational Performance (HOP) in Practice”.

Taking a contemporary approach, Kym incorporated psychological principles and human-centred methodologies with safety innovation and evidence-based research to drive transformation across the workplace, creating high reliability, operational excellence, and a positive workplace culture.

Click here to view the Presentation at the Pre-HSSE Conference Webinar on the topic: "Human & Organizational Performance (HOP) at Urban Utilities”.

Multiple Hazard and Systemic Risks: Addressing Climate Related Disasters in Times of COVID-19

On May 25th 2020, Patricia Ghany, AMCHAM T&T President and Melissa Pierre, Senior Trade and Policy Specialist at AMCHAM T&T attended the UNDRR-Las Américas y El Caribe Webinar Series on Multiple Hazard and Systemic Risks: Addressing Climate Related Disasters in Times of COVID-19.

Click to view the presentation Ms Ghany delivered on the topic: "Private Sector Roles, Responsibilities and Opportunities in the Context of Systemic Risk" the more than 450 attendees at the virtual conference.

On Wednesday 10th June, AMCHAM T&T hosted its first ever virtual Annual General Meeting and Business Forum. 

In light of the COVID-19 Pandemic, and all the changes and innovation that are coming out of it, our theme this year was "Business in the New Normal". 

To provide greater insight into this topic, we put together an exciting and dynamic panel of experts for our audience: 

• Julie Chung, Principal Deputy Assistant Secretary, Bureau of Western Hemisphere Affairs, United States Department of State. Click here to view her speech. 
• Basil Khalil, Vice President of Operations, FedEx. Click here to view his contribution. 
• Nadir Hirji, Parter & Digitial Services Leader, PWC Canada. Click here to view his presentation.