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Manufacturing: The Whole Truth Needed
By James Moss Solomon
Sunday, April 26, 2009
For many years the manufacturing sector has been in a critical condition and has tried unsuccessfully to improve their performance in both local and export markets.
James Moss Solomon
Based on the dynamic leadership of the Jamaica Manufacturers Association (JMA) over the years, we must ask ourselves why this is so. The basic challenge seems to be that an industry, originally predicated on import substitution within protected markets, needs to make a radical change within a global marketplace. Change is often uncomfortable and needs to be carefully managed.
We need to be brutally frank in our analysis, especially within the current global depression. As we can see from overseas, many businesses may be forced to close, but in our case there are some very real opportunities to be explored as manufacturing comes under pressure. The status quo of the sector will not remain unscathed by current events.
Manufacturing: The Whole Truth Needed
By James Moss Solomon
Sunday, April 26, 2009
For many years the manufacturing sector has been in a critical condition and has tried unsuccessfully to improve their performance in both local and export markets.
James Moss Solomon
Based on the dynamic leadership of the Jamaica Manufacturers Association (JMA) over the years, we must ask ourselves why this is so. The basic challenge seems to be that an industry, originally predicated on import substitution within protected markets, needs to make a radical change within a global marketplace. Change is often uncomfortable and needs to be carefully managed.
We need to be brutally frank in our analysis, especially within the current global depression. As we can see from overseas, many businesses may be forced to close, but in our case there are some very real opportunities to be explored as manufacturing comes under pressure. The status quo of the sector will not remain unscathed by current events.
Manufacturing: The Whole Truth Needed
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