Transform – Page 58 – Go Lean…Caribbean

Tag: Transform

The Pope as a ‘Turnaround CEO’ – The Francis effect

Posted on April 21, 2014 in Planning, Strategy

Go Lean Commentary

Every Caribbean country elevates and respects the Christian celebration of Easter. On this occasion, we consider a review of the Roman Catholic leader, Pope Francis, and his management style in relation to a ‘Turnaround CEO’. (Technically, the Pope is a CEO, and a King; see VIDEO in the Appendix).

The subject of religion is very important to the SFE Foundation, publishers of the book Go Lean … Caribbean. While the foundation is apolitical and religiously neutral, it does draw insight from the underlying guide that Pope Francis embraces, the Holy Bible. In fact, Go Lean features an advocacy applying the insight from the Bible on economic and governing matters:

10 Lessons from the Bible – Page 144.

As for this ‘Turnaround CEO’, Jorge Bergoglio of RC Global (RC = Roman Catholic), assumes this position at a time of crisis (of faith) for his organization, the Church. There are lessons and application here for the object of devotion for the SFE Foundation, turn-around for the Caribbean, since this region is also in crisis! (Also, a crisis of faith, in which people are quick to flee their beloved homelands for distant shores).

***About to take over a crisis-ridden company with a demoralised workforce? Turn to this Roman case study***
Business schools regularly teach their students about great “turnaround CEOs” who breathe new life into dying organisations: figures such as IBM’s Lou Gerstner, Fiat’s Sergio Marchionne and Apple’s Steve Jobs. Now Harvard Business School needs to add another case study: Jorge Bergoglio, the man who has rebranded RC Global in barely a year.

When Pope Francis celebrated his first Easter as CEO, just after being appointed, the world’s oldest multinational was in crisis. Pentecostal competitors were stealing market share in the emerging world, including in Latin America, where Francis ran the Argentine office. In its traditional markets, scandals were scaring off customers and demoralising the salesforce. Recruitment was difficult, despite the offer of lifetime employment in a tough economy. The firm’s finances were also a mess. Leaked documents revealed the Vatican bank as a vortex of corruption and incompetence. The board was divided and weak. Francis’s predecessor, Benedict XVI, was the first Pope to resign for 600 years, amid dark rumours that the founder and chairman, a rarely seen elderly bearded figure whose portrait adorns the Sistine boardroom, had intervened.

Operating Prophet
In just a year, the business has recovered a lot of its self-confidence. The CEO is popular: 85% of American Catholics—a tough audience—approve of him. Footfall in RC Global’s retail outlets is rising again. The salesforce now talks about a “Francis effect”. How has a [70 year old] Argentinian succeeded in galvanising one of the world’s stodgiest outfits? Essentially by grasping three management principles.

The first is a classic lesson in core competences. Francis has refocused his organisation on one mission: helping the poor. One of his first decisions was to forsake the papal apartments in favour of a boarding house which he shares with 50 other priests and sundry visitors. He took the name of a saint who is famous for looking after the poor and animals. He washed and kissed the feet of 12 inmates of a juvenile-detention centre. He got rid of the fur-trimmed velvet capes that Popes have worn since the Renaissance, swapped Benedict’s red shoes for plain black ones and ignored his fully loaded Mercedes in favour of a battered Ford.

This new focus has allowed the company to spend fewer resources on ancillary businesses, such as engaging in doctrinal disputes or staging elaborate ceremonies. The “poor-first strategy” is also aimed squarely at emerging markets, where the potential for growth is greatest but competition fiercest.

Along with the new strategic focus, the Pope is employing two management tools to good effect. One is a brand repositioning. He clearly continues to support traditional teaching on abortion and gay marriage, but in a less censorious way than his predecessors (“Who am I to judge?” he asked of homosexuals). The other is a restructuring. He has appointed a group of eight cardinals (“the C8”) to review the church’s organisation and brought in McKinsey and KPMG (“God’s consultants”) to look at the church’s administrative machinery and overhaul the Vatican bank.

Will it work? Established critics, notably the corporate raider Lou Siffer, maintain it is all incense-smoke and mirrors. Others insist that more sweeping change, including a bigger role for women, is needed. The chairman’s attitude is unknown. Some analysts interpret the absence of plagues of boils and frogs as approbation; others point out that He moves in mysterious ways, his wonders to perform.

The Economist Magazine – Retrieved Apr 19th 2014 from: http://www.economist.com/news/leaders/21600980-about-take-over-crisis-ridden-company-demoralised-workforce-turn-roman-case

The foregoing article identified the Pope’s 3 management principles:

Re-focusing on Core Competence
Brand Re-positioning
Restructuring

The book Go Lean … Caribbean serves as a roadmap for change in the Caribbean, with the introduction and implementation of the Caribbean Union Trade Federation (CU). It identifies the same 3 management principles (and then more), for contending with the crises that befalls the Caribbean member-states. Specifically the above 3 principles are identified, qualified and proposed with these detailed pages from the book:

Strategy – What are we best at doing? (Page 58)
Ways to Better Manage Image (Page 133)
Ways to Impact Turn-arounds (Page 33); Re-boot Freeport (Page 112); Re-boot Cuba (Page 236); Re-boot Haiti (Page 238); Re-boot Jamaica (Page 239)

What are the management training and influences of Pope Francis? Is he influenced by his successful accomplishment of other crisis?

In an earlier article on the accomplishments of Pope Francis, the same Economist magazine (March 8, 2014 edition) associated Pope Francis management style with Peronist philosophies:

The political landscape of Francis’s homeland, however, offers a more accurate, and nuanced, understanding of his views. For most of his life Argentina has plotted a kind of third way between Marxism and liberalism—albeit one with disastrous political and economic results. “[Francis] only knows one style of politics,” says a diplomat accredited to the Holy See. “And that is Peronism.”

The creed bequeathed by Argentina’s former dictator, General Juan Perón, with its “three flags” of social justice, economic independence and political sovereignty, has been endlessly reinterpreted since. Conservatives and revolutionaries alike have been proud to call themselves Peronist. But at its heart it is corporatist, assigning to the state the job of resolving conflicts between interest groups, including workers and employers. In that respect it resembles fascism and Nazism—and also Catholic social doctrine.

The Pope’s Peronist side shows in his use of a classic populist technique: going over the heads of the elite to the people with headline-grabbing gestures and comments. And it is visible in his view of political economy, which also has much in common with post-Marxist protest movements such as Occupy Wall Street, the Spanish indignados and Italy’s Five Star Movement.

“While the earnings of a minority are growing exponentially, so too is the gap separating the majority from the prosperity enjoyed by the happy few,” he has written. “This imbalance is the result of ideologies which defend the absolute autonomy of the marketplace and financial speculation. Consequently, they reject the right of states, charged with vigilance for the common good, to exercise any form of control.”

(http://www.economist.com/news/international/21598677-how-modest-canny-man-approaching-complex-task-leading-roman-catholic)

Conversely, consider the management influences of the architects of the Go Lean roadmap. Are they influenced by successful management of other crises?

The answer is a resounding Yes! At the outset of the book (Page 8), the publishers are identified and qualified with these statements:

The peak day of the recent global financial crisis was September 15, 2008. On this day, Wall Street giant Lehman Brothers filed for bankruptcy protection, and eventual dissolution, after succumbing to the weight of over-leverage in mortgage-backed securities. There is an old observation/expression that states that “there are 3 kinds of people in the world, those who make things happen, those who watch things happen and those who wonder ‘what happened?’“ Principals of SFE Foundation were there in 2008 … engaged with Lehman Brothers (and subsequently BearStearns and JPMorganChase); on the inside looking out, not the outside looking in. Understanding the anatomy of the modern macro economy, allows the dissection of the processes and the creation of viable solutions.

The Pope wants errant members of his flock, the Catholic Church, to return to worship in the pews and at the altars of local parishes. The same as he assumes an oversight position to turn-around “the fortunes” of RC Global – the Catholic Church, so too the CU, following the Go Lean roadmap, has to assume oversight of much of the Caribbean economic, security and governing functionality.

In summary, this plan’s execution will make the Caribbean, a better place to live, work and play.

Change has come to the Caribbean. There is a new vehicle for turning-around the region’s economic, security and governmental drivers. The people and institutions are urged to “lean-in” for this change. The benefits: emergence of an $800 Billion regional economy, 2.2 million new jobs and the lure for millions of Diaspora members to set their sights on a return to their homelands. 🙂

Download the book Go Lean … Caribbean – now!

———

Appendix – VIDEO: Vatican City Explained – https://youtu.be/OPHRIjI3hXs

Share this post:

Image, Power, Sales, Transform

‘Only at the precipice, do they change’

Posted on April 21, 2014 in Economics, Ethos, Social

Go Lean Commentary

“Life imitating Art”; “Art imitating life”.

This is more than a cliché; it is also factual for describing how people finally get the will to change.

The movie The Day the Earth Stood Still (2008) – demonstrates “Art imitating Life” – is a remake of the classic 1951 sci-fi film of the same name; see Trailer VIDEO in the Appendix below. These films are about an alien visitor and his giant robot counterpart who visit Earth.

The character Professor Jacob Barnhardt, in the 2008 version, was played by John Cleese, the English actor of some repute, known for his start with the Mighty Python players.

The counter character in this dialogue, Klaatu, was played by American mega-star Keanu Reeves.

The storyline proceeds that the character Klaatu is a spokesman that preceded the robot sent to destroy human life on earth. And thus this quotation from the Movie Dialogue:

Professor Barnhardt: There must be alternatives. You must have some technology that could solve our problem.

Klaatu: Your problem is not technology. The problem is you. You lack the will to change.

Professor Barnhardt: Then help us change.

Klaatu: I cannot change your nature. You treat the world as you treat each other.

Professor Barnhardt: But every civilization reaches a crisis point eventually.

Klaatu: Most of them don’t make it.

Professor Barnhardt: Yours did. How?

Klaatu: Our sun was dying. We had to evolve in order to survive.

Professor Barnhardt: So it was only when your world was threatened with destruction that you became what you are now.

Klaatu: Yes.

Professor Barnhardt: Well that’s where we are. You say we’re on the brink of destruction and you’re right. But it’s only on the brink that people find the will to change. Only at the precipice do we evolve. This is our moment. Don’t take it from us. We are close to an answer.

(Source: Internet Movie Database – Movie: The Day the Earth Stood Still (2008). Retrieved 04/21/2014 – http://www.imdb.com/character/ch0012790/quotes)

This foregoing dialogue from the movie The Day the Earth Stood Still (2008) is symbolic of the crisis facing the Caribbean. The problem in the Caribbean is not technology, but rather the will to change. This is a consistent theme in the book Go Lean … Caribbean, it asserts that the changes necessary to preserve Caribbean heritage, culture and economies must first be preceded by an evolution in the community ethos. This pronouncement is as follows from Page 20:

The people of the Caribbean must change their feelings about elements of their society – elements that are in place and elements missing. This is referred to as “Community Ethos”, defined as:

“the fundamental character or spirit of a culture; the underlying sentiment that informs the beliefs, customs, or practices of a group or society; dominant assumptions of a people or period.

This book serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU), a technocratic agency seen as the Caribbean’s best hope to avert the current path of disaster, human flight and brain drain, and grant the Caribbean a meaningful future for its youth.

This movie dialogue synchronizes with the exact details of the book. On Page 21, Go Lean presents a series of community ethos that must be adapted to forge change in the Caribbean. In addition, there are specific advocacies to:

Impact the Future (Page 26)
Impact Turn-Around (Page 33)
Impact the Greater Good (Page 37)
Grow the Economy (Page 151)
Preserve Caribbean Heritage (Page 218)

As a roadmap, this book provides the turn-by-turn guidance to optimize the Caribbean economy, security apparatus and governing engines.

With the assessment that many Caribbean states have lost more than 50% of their population to foreign shores (Pages 18 & 303), the region is now at that “precipice”.

“It is only at the precipice, do they change!”

Now is the time to lean-in to this roadmap for change, the book Go Lean … Caribbean, and the Caribbean Union Trade Federation. Our society/civilization is at the crisis point.

Download the book Go Lean … Caribbean – now!

————-

Appendix VIDEO – The Day The Earth Stood Still 2008 Official Trailer – https://youtu.be/rcSJ-6354-A

Published on Aug 5, 2012 – A remake of the 1951 classic sci-fi film about an alien visitor and his giant robot counterpart who visit Earth.
Keanu Reeves & Jennifer Connelly http://www.keanureeves.us/movie/the-d…

Share this post:

2008, Disaster, Power, Transform

[Top]

Ailing Puerto Rico open to radical economic fixes

Posted on April 18, 2014 in Economics, Government, Locations, Tactical

Go Lean Commentary

The Caribbean is in crisis!

Puerto Rico is in crisis! According to this quote, they have lots of issues, all stemming primarily from economic dysfunctions:

Puerto Rico, in dire straits following eight years of recession, has remained receptive as it debates hundreds of ideas: ‘‘We are studying all alternatives and all possibilities.

The publishers of the book Go Lean … Caribbean humbly submit this publication as a complete roadmap to re-boot the island’s economy, security and governing engines. This roadmap differs from all the other 369 suggestions submitted to the territorial government’s committee highlighted in the foregoing news article, in that it presents a regional option, rather than just a territorial solution. The book asserts that the problems of Puerto Rico (by extension, the entire Caribbean) are too big for any one member-state to solve alone. Rather, the focus of the roadmap is the region-wide professionally-managed, deputized technocracy of the Caribbean Union Trade Federation (CU).

Puerto Rico needs the strategies, tactics, implementations and advocacies of the CU.

The CU needs Puerto Rico!

The CU requires the full participation of all 30 member-states in the region, including all 4 language group (Dutch, English, French and Spanish). With this approach, the CU benefits from the economies-of-scale of 42 million people.

The CU expects NO MONEY from Puerto Rico. This is good as the island is running a $820 million deficit. To cure a deficit a government needs more revenues and/or fewer expenses. The Go Lean roadmap features both. The roadmap is a complete re-boot: new revenue streams and a separation-of-powers, thereby delegating governing overhead to the CU.

Go Lean … Caribbean introduces the CU to take oversight of’ much of the Caribbean economic, security and governing functionality. In summary, this plan’s execution makes Puerto Rico, and the Caribbean, a better place to live, work and play.

This Go Lean roadmap first assesses the Puerto Rican human flight/brain drain crisis, where more than half of the island’s populations have fled to American shores. This plight makes the task of building a functioning society difficult, as often the brightest and best talents are the ones that leave; plus entitlement programs simply need populace retention.

By DANICA COTO – Associated Press

SAN JUAN, Puerto Rico (AP) — Slash the number of public holidays by two-thirds. Eliminate dozens of government agencies. Legalize marijuana and prostitution.

From the intriguing to the impossible, there is no shortage of ideas for fixing Puerto Rico’s ailing economy as the government tries to dig out from a whopping $70 billion in public debt and bring back economic growth.

The ideas have come from legislators, entrepreneurs and even members of the public, who have submitted ideas via a government-sponsored website. Of the 369 ideas sent in by the public, 156 have been accepted by a government committee for consideration, including the suggestions to legalize marijuana and prostitution, and to limit how long people can live in subsidized housing.

But all the ideas require further government approval, either with a legislative vote, or an administrative nod from the governor, agency or department. More dramatic ideas, such as legalization of marijuana or prostitution, would require public hearings, legislative approval and the governor’s signature.

And prospects for approval of the various suggestions are decidedly mixed.

The governor, for example, is expected to sign a bill approved by lawmakers to release certain elderly prisoners, but not a suggestion floated by a member of the public to charge inmates for their room and board.

Puerto Rico, in dire straits following eight years of recession, has remained receptive as it debates hundreds of ideas: ‘‘We are studying all alternatives and all possibilities,’’ said Sen. Maria Teresa Gonzalez, a member of the governor’s party who has come under fire for submitting a bill that would reduce the number of holidays for public employees to six.

The island currently celebrates 20 holidays a year, double those observed in the U.S. Many people have bristled at the proposal to scrap some of the additional extra days off, some of which commemorate various historic Puerto Rican leaders. But Gonzalez said the excessive number of holidays costs the government about $500 million a year in lost productivity and interruptions in service, among other things.

‘‘Change always brings about inconveniences,’’ she said. ‘‘I’m convinced that before we talk about something as dramatic and disastrous as layoffs, we have to consider other ideas.’’

Many suggestions have come as Gov. Alejandro Garcia Padilla prepares to submit the first balanced budget in decades, having promised U.S. investors and credit agencies that he will eliminate an $820 million deficit. The governor has not detailed his cutbacks, prompting fears of layoffs, tax increases and cuts to public service.

Opposition legislator Rep. Ricardo Llerandi Cruz has proposed eliminating 41 government agencies, saying it would save $160 million alone in administrative costs. He said the government has many agencies performing the same functions, noting that there’s a Department of Natural Resources, which protects, develops and manages the island’s environmental resources, and an Administration of Natural Resources, a division within the department with responsibilities that include overseeing projects such as cleanup efforts.

‘‘Puerto Rico is facing the worst fiscal crisis in all of its history,’’ Cruz said. ‘‘We need to refocus or revisit governmental priorities to face these problems.’’

A bill in the legislature also would cap the salaries of mayors, but legislators have been debating the issue for a year as mayors continue to give themselves raises. The full-time mayor of the western town of Maricao, for example, oversees the island’s second-least populated municipality with some 6,200 people and currently earns $78,000 a year, nearly double of what he earned the previous year. If the bill is approved, the mayor would earn a base salary of roughly $54,000 a year.

Manuel Lugo, an attorney who lives in the coastal town of Aguadilla, is among those who submitted the highest number of ideas on the government’s website. But despite having nine of 17 ideas approved, he doesn’t believe the government will take action on any of them.

‘‘It is very difficult to change the inertia of this island,’’ said Lugo, 43, who recently closed his office because of economic problems and is contemplating a move to Texas. ‘‘There has been no economic plan for decades. What they do here is repair and patch holes. That’s not how you run a country.’’

Yanira Hernandez, a governor spokeswoman, said Garcia will detail how he plans to balance the budget in a special televised address in late April. The budget must be approved before June 30.

While many are concerned about what cuts will be made to balance the budget, economist Gustavo Velez said extreme measures won’t be necessary if the government increases revenues and consolidates state agencies. Puerto Rico could generate $300 million more a year if it increases its capture rate on tax revenues from 56 to 75 percent, he said. The government also could suspend salary increases, Velez added.

‘‘Puerto Rico cannot keep operating on recurring deficits,’’ he said, noting it is unconstitutional. ‘‘We have to return to balanced budgets as the norm. Politicians have to embrace that reality.’’

The government also has considered tapping into the island’s underground economy, estimated by some experts at $20 billion a year, representing roughly 40 percent of overall consumption.

Puerto Ricans are increasingly seeking new ways to generate money, with some opening food trucks or hunting caimans to sell the meat as shish kebabs or fried snacks.

But an estimated 450,000 people have moved to the U.S. mainland in search of new jobs and a more affordable cost of living in the past decade.

Brunilda Cintron, 56, left the island in 2001 and now lives in Kissimmee, Florida. But her daughter and mother still live in Puerto Rico, and she worries about their future.

‘‘The government has to make some drastic decisions that will adversely affect people,’’ Cintron said, adding that she thinks her family will soon join her in the U.S. mainland. ‘‘I don’t think they’re going to have a choice.’’

Boston Globe – AP Newswire – Retrieved 04-11 2014 http://www.boston.com/news/world/caribbean/2014/04/10/ailing-puerto-rico-open-radical-economic-fixes/siVW5wfiml78bERu5MuJlM/story.html

The CU will fix Puerto Rico! Look here at the solutions; (sorted by Economic/Security/Governance). The book Go Lean … Caribbean details these specific curative measures (advocacies, strategies, tactics, and implementations):

Economic:

Community Ethos – Money Multiplier	Page 22
Help Entrepreneurship	Page 28
Impact Turn-Around Strategies/Tactics	Page 33
Tactics to Forge an $800 Billion Economy	Page 67
New Ways to Pay for Change	Page 101
Start-up Benefits from an EEZ	Page 104
Develop/Expand a Pipeline Industry	Page 107
Improve Energy Usage	Page 113
Better Manage Debt	Page 114
Foster International Aid	Page 115
Improve Trade	Page 128
Improve Interstate Commerce	Page 129
New Ways to Grow the Economy	Page 151
Create Jobs	Page 152
Control Inflation	Page 153
Improve Credit Ratings	Page 155
Mitigate Black Markets	Page 165
Enhance Tourism	Page 190
Impact Wall Street	Page 200

Security:

Separation of Powers – Homeland Security	Page 75
Security Initiatives [stemming from the Start-up]	Page 103
Impact Justice	Page 177
Mitigate & Reduce Crime	Page 178
Improve Intelligence [Gathering & Analysis]	Page 182
Impact the Prison-Industrial Complex	Page 211

Governance:

Community Ethos – Deferred Gratification	Page 21
Improve Negotiations	Page 32
Impact the Greater Good	Page 37
Tactics to Foster a Technocracy	Page 64
Implement Self-Governing Entities	Page 105
Improve Mail Service	Page 108
Strong Reasons to Repatriate	Page 118
Promote Independence	Page 120
Improve Healthcare	Page 156
Impact Entitlements	Page 158
Improve Education	Page 159
New [Governmental] Revenue Sources	Page 172
Impact Public Works	Page 175
Better Manage Natural Resources	Page 183
Improve for Natural Disasters	Page 184
Improve Emergency Management	Page 196
Impact Urban Living	Page 234
Impact US Territories	Page 244

The roadmap alerts the Caribbean stakeholders of the obstacles that this plan will encounter, and then provides guidance, turn-by-turn directions, so as to reach the destination … promptly.

Change has come to the Caribbean. The people, institutions and governance of Puerto Rico are all urged to “lean-in.”

In fact, now is the time for the whole Caribbean region to lean-in for this change, described in the book Go Lean … Caribbean. The benefits of this roadmap are too alluring to ignore: emergence of an $800 Billion regional economy, 2.2 million new jobs and an end to the dysfunction. This will result in Puerto Ricans repatriating from the US, not fleeing there.

Download the free e-Book of Go Lean … Caribbean – now!

Share this post:

2008, Debt, Diaspora, Image, PR, Transform

[Top]

Cuban cancer medication registered in 28 countries

Posted on April 17, 2014 in Economics, Ethos, Government, Implementation, Strategy, Tactical

Go Lean Commentary

While the below news article is about great cancer and diabetes drugs developed in the Caribbean, this commentary has an underlying theme about “American Exceptionalism”.

American exceptionalism is the theory that the United States is qualitatively different from other nation states.^[a] In this view, US exceptionalism stems from its emergence from a revolution, becoming what political scientist Seymour Martin Lipset called “the first new nation” and developing a uniquely American ideology, “Americanism”, based on liberty, egalitarianism, individualism, republicanism, populism and laissez-faire. This ideology itself is often referred to as “American exceptionalism.”^[b]

Although the term does not necessarily imply superiority, many neoconservative and other American conservative writers have promoted its use in that sense. To them, the US is like the Biblical “City upon a Hill”^[c][d]

This subject matter aligns with the publication Go Lean … Caribbean, which serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU). The Go Lean roadmap maintains that other peoples (nations) have dreams as well; the American Dream is not the only aspiration to hope for. This foregoing article presses the point about innovation in cancer and diabetes drugs – that emerged from Cuba.

Posted: March 29, 2014

HAVANA, Cuba – Nimotuzumab, a Cuban monoclonal antibody humanized to treat cancer, is registered in 28 countries, mainly in South America, Africa and Asia, in addition to Cuba.

Specialists at the Center of Molecular Immunology, an institution of the BioCubaFarma Business Group, said that the product has shown its effectiveness in various cases of malignant tumours.

Indicated for tumours in the head and neck in advanced stages, brain tumours and of the esophagus, Nimotuzumab is also used in other oncological ailments of the colon, rectum and liver, and in lung cancer among other locations.

The monoclonal antibody and its results will be the focus, on March 25-27, of the eighth global scientific meeting on Nimotuzumab – Nimomeeting 2014.

With Havana’s Convention Center as its venue, the forum will bring together over 200 experts from some 20 nations, as well as about 20 international biopharmaceutical companies interested in sharing experiences about the medication, the therapeutics of which are used in the medical specialties of oncology, oncopediatrics, radiotherapy, pediatrics and neurosurgery, among others.

Meanwhile, Cuba is trying to take its diabetic foot ulcer drug known as Heberprot-P into the European market.

Heberprot-P is a product based on human growth factor currently being administered in some 20 countries, mostly in Latin America.

According to the marketing director of the Havana-based Genetic Engineer and Biotechnology Center, Ernesto Lopez, the pre-clinical stage of the product, known in Europe as Epipropt, was carried out with good toxicological and safety results.

In Spain, with an estimate 40,000 patients needing the Cuban drug, tests were carried out with no negative toxic results. The product has been developed since 2012 for research studies in other European nations.

According to studies, amputation of lower limbs was reduced fourfold, with the surgical procedure in Europe currently costing over 50,000 Euros, and treatment of the condition some 20,000 Euros.

It is the amputation of lower limbs as a direct consequence of diabetic foot ulcer that the Cuban medication avoids with a period of treatment of only six to seven months.

Along with the therapeutic action on serious ulcers, the treatment has demonstrated a preventive nature in countries like Cuba, Venezuela, and Ecuador.

Source: Caribbean News Now Online Newspaper – Retrieved 04-13-2014 http://www.caribbeannewsnow.com/topstory-Cuban-cancer-medication-registered-in-28-countries-20429.html

While the Go Lean book strategizes a roadmap for economic empowerment, it clearly relates that healthcare, disease management, cancer treatments and medicines are germane to the Caribbean quest for health, wealth and happiness. At the outset of the Go Lean book, in the Declaration of Interdependence (Page 10 & 11 respectively), these points are pronounced:

Preamble: While our rights to exercise good governance and promote a more perfect society are the natural assumptions among the powers of the earth, no one other than ourselves can be held accountable for our failure to succeed if we do not try to promote the opportunities that a democratic society fosters.

ix. Whereas the realities of healthcare and an aging population cannot be ignored and cannot be afforded without some advanced mitigation, the Federation must arrange for health plans to consolidate premiums of both healthy and sickly people across the wider base of the entire Caribbean population. The mitigation should extend further to disease management, wellness, obesity and smoking cessation programs. The Federation must proactively anticipate the demand and supply of organ transplantation as developing countries are often exploited by richer neighbors for illicit organ trade.

Cuba is not on friendly terms with the United States. A trade embargo was implemented in 1962 as a temporary measure to dissuade the island’s socialist leanings. Now, after 52 years, the embargo continues. Generations of Cubans and generations of Americans have come and gone without witnessing a normalized relationship between Cuba and its largest neighbor, the US. Millions too have died of the scourge of cancer, estimated by one source as afflicting 1-out-of-3 Americans ^[e]

(Personal note: the primary author of the book Go Lean … Caribbean was inspired to write this roadmap, after his sister died after a 32-year battle with cancer – See Dedication Page 2).

The scourge of cancer and the realities of diabetes were not the motivation for composing the book Go Lean … Caribbean. But rather, the bigger goal of elevating Caribbean society. The Caribbean Union Trade Federation has the prime directive of optimizing the economic, security and governing engines of the region. The foregoing article depicts the benefits that can emerge as a result of innovation in science, technology, engineering and medicine (STEM). Cuba will be able to trade these advance medicines globally to the markets needing their therapeutic benefits. This is a win-win!

Under the Go Lean roadmap, more such developments will emerge … from all corners of the Caribbean. There are also obvious tangential benefits to the people of the Caribbean regarding public health administration and wellness.

The following list details the strategies, tactics, implementations and advocacies to optimize the region’s health deliveries:

Community Ethos – Cooperatives	Page 25
Community Ethos – Non-Government Organizations	Page 25
10 Ways to Impact Research and Development	Page 30
10 Ways to Impact the Greater Good	Page 37
Separation of Powers – Patent, Standards, & Copyrights Office	Page 78
Separation of Powers – Health Department	Page 86
Separation of Powers – Drug Administration	Page 87
10 Ways to Implement Self-Government Entities	Page 105
10 Trade Mission Objectives	Page 116
10 Ways to Benefit from Globalization	Page 119
10 Ways to Improve Healthcare	Page 156
10 Ways to Impact Cancer	Page 157
10 Ways to Impact Entitlements	Page 158
10 Ways to Better Manage the Social Contract	Page 170
10 Ways Foster Cooperatives	Page 176
10 Ways to Improve Organ Transplants	Page 214
10 Ways to Improve Elder-Care	Page 225
10 Ways to Impact Persons with Disabilities	Page 228
10 Ways to Re-boot Cuba	Page 236

The foregoing article establishes that many patients around the world will benefit from medical innovations fostered in the Caribbean, in Cuba. The Go Lean roadmap posits that there are a lot of benefits the Caribbean can/will make to facilitate a better life for populations throughout the world. Executing these plans, following the roadmap, will be better for the Caribbean population too.

The United States of America should take heed.

Download the book Go Lean … Caribbean – now!

———

Appendix – References

a. Winfried Fluck; Donald E. Pease; John Carlos Rowe (2011). Re-Framing the Transnational Turn in American Studies. UPNE. p. 207. Retrived 4/16/2014 from: http://books.google.com/books?id=ccz81DWudCAC&pg=PA207

b. American Exceptionalism: A Double-Edged Sword. Seymour Martin Lipset. New York, N.Y.: W.W. Norton & Co., Inc. 1996. Page 18. ISBN 0-393-03725-8.

c. Harold Koh, “America’s Jekyll-and-Hyde Exceptionalism”, in Michael Ignatieff, ed., American Exceptionalism and Human Rights, p. 112

d. A “City upon a Hill” is a phrase from the Bible parable of Salt and Light in Jesus’s Sermon on the Mount. In Matthew 5:14, he tells his listeners, “You are the light of the world. A city that is set on a hill cannot be hidden.” It has become popular with American politicians.

e. Website http://www.preventcancer.com/losing/ – Retrieved Nov. 2013 / Wikipedia.org general subject treatment for the War on Cancer – Retrieved Nov. 2013.

Share this post:

Cancer, Cuba, Health, Transform

[Top]

Facebook plans to provide mobile payment services

Posted on April 14, 2014 in Economics, Ethos, Government, Industries, Social

Go Lean Commentary

The jockeying for position has begun!

The foregoing article highlights the planning, development and deployment activities around the issue of mobile payments. This is germane for the Caribbean, as the World Bank reports that this region is #1 for homeland remittances from expatriated citizens.

This is a matter of supply and demand. The Caribbean Diaspora demands to send money; tools like Western Union, MoneyGram and these new solutions, identified here, supply the services.

But change is coming!

Reuters: Soham Chatterjee & Abhirup Roy (Bangalore)

Facebook Inc. is preparing to join the mobile-payments race with remittances and electronic-money services on the social network, the Financial Times reported on Sunday, citing several people involved in the process.

The company is close to obtaining approval from the Central Bank of Ireland to start a service that would allow users to store money on Facebook and use it to pay and exchange with others, the people told the FT. See: http://link.reuters.com/dag58v

The Irish Central Bank declined to comment.

Facebook was not immediately available for comment.

The company has also had partnership talks with at least three London start-ups — TransferWise, Moni Technologies and Azimo — that offer online and mobile international money transfer services, three people involved in the discussions told FT.

Telecom groups, retailers and banks are all trying to secure a [slice of the pie] of global mobile payments, which is predicted to grow rapidly in the next few years.

Vodafone brought its mobile money transfer service M-Pesa to Romania last month, following its success in Africa, and is likely to expand the service in eastern and central Europe.

Facebook’s rival Google Inc.’s head of payments recently reiterated commitment to the struggling Google Wallet and mobile payments service. The company had allowed users to send money last year as an email attachment.

Related Articles:

Google Wallet now lets you send money as an attachment in Gmail: http://link.reuters.com/wyf58v

Google exec reiterates commitment to mobile payments: http://link.reuters.com/xyf58v

Apple Chief Executive Tim Cook said in January the company’s interest in mobile payments was a reason for creating the Touch ID fingerprint sensor in its iPhone 5S smartphone – http://link.reuters.com/sag58v

Global mobile transactions are expected to grow at an average 35 percent per year between 2012 and 2017, according to a report by research firm Gartner. The June 2013 report forecast a $721 billion market with more than 450 million users by 2017 – http://link.reuters.com/nyf58v.

Yahoo Online News Source (Retrieved 04/14/2014) –http://news.yahoo.com/facebook-plans-mobile-payment-services-ft-133451646–sector.html

The book, Go Lean…Caribbean, serving as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU), identified that new methods are needed to facilitate remittances. A lot of money is remitted back to the Caribbean (over $9 Billion dollars in 2010; sometimes 10% of GDP), and too many foreign entities are profiting on the backs of hard-working Caribbean people. The book lists a series of new alternatives that will be pursued in the Go Lean roadmap, some of which are identified in the foregoing news article.

This article also raises other issues, such as globalization, ICT, Social Media and Mobile Application development. All of these are covered in exhaustive details in the Go Lean book.

The premise is that the CU is chartered so that the Caribbean can have a hand in its own self-determination. There should be home-grown (Caribbean-based) solutions for Caribbean problems.

This point is pronounced early in the book, in the opening Declaration of Interdependence – (Page 14):

xxvii. Whereas the region has endured a spectator status during the Industrial Revolution, we cannot stand on the sidelines of this new economy, the Information Revolution. Rather, the Federation must embrace all the tenets of Internet Communications Technology (ICT) to serve as an equalizing element in competition with the rest of the world. The Federation must bridge the digital divide and promote the community ethos that research/development is valuable and must be promoted and incentivized for adoption.

In line with the foregoing article, the Go Lean book advocates some infrastructural enhancements so that the region can play a role in the development/deployment of this important industry. The book references are as follows:

• Research & Development (Page 30)

• Caribbean Central Bank (Page 73)

• Impact Social Media (Page 111)

• Benefit from Globalization (Page 119)

• Fostering e-Commerce (Page 198)

• Banking Reforms (Page 199)

• Impacting the Diaspora (Page 217)

• Alternative Remittance Modes (Page 270)

Who will win the “space race” between all the big Information Technology providers (Facebook, Google, Apple or Vodafone as depicted in the foregoing articles)? It is not known yet! But for the Caribbean, we must not be spectators only. Not this time!

With the CU / Go Lean roadmap in place, we can declare: Change has come to the Caribbean.

Download the book – Go Lean…Caribbean Now!!!

Share this post:

Diaspora, ICT, Model, STEM, Transform

[Top]

Book Review: ‘The Sports Gene’

Posted on April 10, 2014 in Industries, Social

Go Lean Commentary

Success is found at the intersection between talent and practice. Or so it seems…

These words are appropriate in reviewing the new book by David Epstein, The Sports Gene. He asserts that certain ethnicities have advantages for excelling in certain sports, but they must still put in the work to excel. These words are equally appropriate for assessing Caribbean life, prospects and cultures.

The forgoing news article in the Washington Times is a Review of the above-cited book; it takes a physiological, cultural and sociological look at the subject of sports and the athletes more inclined to excel at it. In fact the back cover photo features Jamaican Sprinter Usain Bolt, and the book prominently features an anecdote about Bahamian High Jumper Donald Thomas. So this author recognizes that Caribbean people are identified with excellence in sports; maybe even defined as geniuses^[a].

The world recognizes that the Caribbean has gifted athletes, but unfortunately these participants must leave their beloved homeland to maximize their talents and earn a living from them. (Even to matriculate as student-athletes)

Book Review: By Robert VerBruggen – Special to the Washington Times, August 26, 2013

Subject: ‘The Sports Gene’ by David Epstein
Why are some people more athletic than others? Why is it that many sports are dominated by players of specific ethnicities?

These are questions that occur to many of us, sports fans and non-fans alike. Unfortunately, academia and the media have stubbornly refused to deal with them in an honest manner, keeping to simple, feel-good answers.

David Epstein’s “The Sports Gene” is a welcome exception. While the book’s title is unfortunate — no single gene could explain something so complex as athleticism — Mr. Epstein provides a careful and nuanced discussion of how nature, nurture and sports interact.

Mr. Epstein proves that genes exert a powerful influence on athleticism, and that ethnic physical differences can affect performance in many sports. Yet he does not shortchange the effects of practice and culture. This is a significant accomplishment.

There’s been much discussion in the popular press about the “10,000-hour rule” — the argument, formulated by journalist Malcolm Gladwell, that one masters a task not by having the right genes, but simply by practicing it for a total of 10,000 hours. This theory does not survive a close inspection by Mr. Epstein.

For starters, the drive needed to practice something for 10,000 hours might itself be genetic. For example, it’s possible to breed dogs and mice that have an insatiable desire to run, and twin studies suggest that genes contribute to the amount of physical activity that people get.

More to the point, the “rule” is based on flawed statistical reasoning. Yes, on average, a person who achieves elite status in a field does so after practicing for about 10,000 hours — but an average is not a rule for individuals to follow. Some people achieve elite status in as little as 3,000 hours, while others take more than twice the average. Every one of these studies has found an immense amount of variation.

Mr. Epstein illustrates this concept by comparing two high jumpers. Stefan Holm of Sweden has had a lifelong love of the sport, and through training, he very gradually improved his performance. Donald Thomas of the Bahamas, meanwhile, managed to clear a seven-foot bar on his first day. At the 2007 World Championships, just a year-and-a-half after his first high jump, Mr. Thomas beat Mr. Holm.

Mr. Epstein details many of the physical differences that give some athletes an advantage. Mr. Thomas benefited from unusually spring-like Achilles tendons. Basketball players are tall and have wide wingspans. Baseball players, who must look at a ball leaving a pitcher’s hand at 90 mph and instantly know whether and how to swing, have amazing vision. And so on.

None of this means that training doesn’t matter. For example, in addition to having great vision, baseball players must build an elaborate mental database of how different pitches look. They’re useless without this database. In one anecdote, Mr. Epstein tells of a professional softball pitcher who easily struck out some of Major League Baseball’s finest hitters. All the time they’d spent watching overhand fastballs had not prepared them for an underhand pitch.

What this does mean is that genetic qualities matter in sports. Which raises a question: Are some of these qualities more common in some ethnic groups than in others?

Much of academia swears that the phenomenon we refer to as “race” is merely a “social construct” with no biological significance whatsoever, but actual genetic research reveals otherwise: As humans spread out across the globe and encountered widely varying environment, each population evolved a little differently.

One difference that emerged is body structure. For example, the Kalenjin — a Kenyan ethnic group that is dramatically over represented in long-distance running accomplishments — tend to have thin lower legs, which is an advantage because weight there dramatically reduces running efficiency.

Further, in general, Africans of a given height have longer limbs than Europeans, and also have a higher center of mass. There are differences in average height among ethnic groups as well.

As with Mr. Epstein’s arguments regarding individual athletic achievement, his arguments about racial differences don’t imply that environment and culture are irrelevant. As Mr. Epstein notes, sometimes an ethnic group can dominate simply because they care about the sport more than their competitors — see the (now fading) pre-eminence of Japanese sumo wrestlers, or the stellar German record in dressage. The Kalenjin, in addition to their physical advantages, are raised in an environment where constant running is the norm.

That is what makes “The Sports Gene” such a worthy read: While the book’s purpose is to push back against the widespread denial that genes matter, Mr. Epstein avoids taking too strident a stance in the opposite direction. Human reality, he explains, isn’t the result of nature or nurture. It’s the result of both.

Washington Times Online –Book Review – Retrieved 04-09-2014 –http://www.washingtontimes.com/news/2013/aug/26/book-review-the-sports-gene/#ixzz2yRDgikdC

This subject matter aligns with the publication Go Lean … Caribbean, which serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU). The Go Lean roadmap only has one interest in this subject of sports, fostering the economic opportunities that can be forged from it^[b].

This Go Lean roadmap first assesses that the Caribbean is in crisis; among the issues: athletes with any ability must seek refuge and opportunities in foreign lands. So this roadmap provides solutions to optimize the region’s economic, security and governing engines. The roadmap provides the facilitation to grow a professional, collegiate and amateur sports eco-system. Many times, the missing ingredients for organized sports are the facilities: stadia, arenas and playing fields. A study of this void, is bigger than just sports, it is “life and death”. But the roadmap posits that sports, even though it is just “extra-curricular”, does bring benefits. In fact, Go Lean quotes the Bible scripture at 1 Timothy 4:8 “For bodily exercise is profitable for a little …”^[c]

The source book by David Epstein asserts that the rule that anyone can excel at any sport endeavor with 10,000 hours of practice and nurturing is a fallacy. Consider sports like Sumo wrestling and jockeying a horse; there’s no doubt that nature or physiology plays a role for success in these activities, despite the amount of practice. (There’s no way, a jockey will beat a Sumo Wrestler or vice-versa). But most importantly, the source book empathetically establishes that genes alone will never yield the sought-after result, there is the need for skilled training, coaching with best-practices and an internal drive. In so many ways, this parallels the current effort to reboot the Caribbean economic engines: nature (birth-right) is critical, but training, experience, coaching and the technocratic application of best-practices are also needed to forge change. The most important ingredient though is the internal drive; first and foremost, this is identified in the roadmap as “community ethos”.

The Go Lean roadmap recognizes many different kinds of athletics, team sports and individual events. The unique “genius” qualifier is highlighted at the outset of the Go Lean book, in the Declaration of Interdependence (Page 13 – 14), as follows:

xxi. Whereas the preparation of our labor force can foster opportunities and dictate economic progress for current and future generations, the Federation must ensure that educational and job training opportunities are fully optimized for all residents of all member-states, with no partiality towards any gender or ethnic group. The Federation must recognize and facilitate excellence in many different fields of endeavor, including sciences, languages, arts, music and sports. This responsibility should be executed without incurring the risks of further human flight, as has been the past history.

xxxi. Whereas sports have been a source of great pride for the Caribbean region, the economic returns from these ventures have not been evenly distributed as in other societies. The Federation must therefore facilitate the eco-systems and vertical industries of sports as a business, recreation, national pastime and even sports tourism – modeling the Olympics.

Similar to the publication by David Epstein, Go Lean … Caribbean highlights lessons that are learned from flawed ideologies, as in the case that education (abroad) elevates a society. (The Caribbean experience is that of a brain drain). While Epstein’s book prescribed strategies, tactics and implementation to optimize sport performance, Go Lean performs the same exercise for Caribbean economic empowerment.

Now is the time for the Caribbean region to lean-in for the changes described in the book Go Lean … Caribbean. Success is to be found at the intersection between opportunity and preparation.

The benefits of this roadmap are too alluring to ignore: emergence of an $800 Billion economy, 2.2. million new jobs, new industries, services and opportunities for the sports-playing youth of the Caribbean and even an invitation to the Diaspora (and their legacies) to repatriate from North American and European countries so as to preserve Caribbean culture in the Caribbean^[d].

Download the book Go Lean … Caribbean – now!

—————–

Appendix – ‘Go Lean’ Book References

a. 10 Ways to Foster Genius – Page 27
b. Separations of Powers – Sports & Culture – Page 81
c. 10 Ways to Improve Sports – Page 229
d. 10 Ways to Preserve Caribbean Heritage – Page 218

Share this post:

Book Review, Model, Play, Sports, Transform

[Top]

Temasek firm backs Southeast Asia cab booking app

Posted on April 9, 2014 in Ethos, Government, Industries

Go Lean Commentary

Singapore has a public-private initiative to foster innovation, entrepreneurship and jobs. They use public monies to invest in private businesses that can generate future returns. This constitutes a progressive stewardship of a country’s economy; and a fine model for Caribbean empowerment objectives.

The book Go Lean…Caribbean makes similar claims as the news article below, that innovation and economic growth can result from a progressive community ethos. The book defines this “community ethos” as the fundamental character or spirit of a culture; the underlying sentiment that informs the beliefs, customs, or practices of society; dominant assumptions of a people or period.

By Andrew Toh

SINGAPORE (Reuters) – A unit of Singapore state investor Temasek Holdings is putting its substantial clout behind an app that eases the pain of booking taxis in Singapore and Malaysia, aiming to expand the service in other busy Southeast Asian cities.

Vertex Venture Holdings, a $1.2 billion venture capital firm that focuses on emerging companies and funds in Asia and the United States, said on Tuesday it was leading a group of mostly Malaysian investors putting an unspecified “eight-figure sum” into smartphone app company GrabTaxi.

The app, developed by two Harvard Business School graduates, was launched in Malaysia in 2012 as MyTeksi, and then expanded to Singapore a year later. It also operates in Thailand, Vietnam and the Philippines.

“We invest in potential champions which have developed new technology platforms or business models,” Vertex Venture CEO Chua Kee Lock told reporters. “We clearly see GrabTaxi as one such champion in the making.”

Booking a taxi is often an arduous task in Singapore, a city state with a population of around 5.4 million and just 28,000 cabs. Many people rely on taxis and public transport, as Singapore is one of the most expensive places in the world to own a private car, but finding a cab during peak hours, and the frequent tropical downpours, is often frustrating.

In other Southeast Asian cities like Manila and Kuala Lumpur, heavy traffic makes finding taxis equally difficult.

GrabTaxi competes in the region with an app from Hong-Kong based company Taxi Hero and Rocket Internet’s Easy Taxi app.

In Singapore, it is up against market leader Comfortdelgro Corp, which has its own booking app. GrabTaxi, however, offers commuters a choice from all the taxis that are closest to their location, regardless of which company operates them.

GrabTaxi founder and Chief Executive Anthony Tan said the app was the second most popular in Singapore after Comfortdelgro, and that it had been downloaded on to more than one million mobile devices in Southeast Asia.

He said the company was keen to expand outside Malaysia, because that is where he believed the biggest growth was happening.

“These markets have much bigger population sizes. They’re chewing up smart phones like no tomorrow,” he said. “I think jumping on this type of wave makes all the difference.”

The Vertex Venture-led investment will go into product innovation and building larger local teams to develop and market the app, Tan said. The app would rely on built-in traffic algorithms and feedback from users, he added.

Reuters News Source (Retrieved 04/08/2014) –http://news.yahoo.com/taxi-temasek-firm-backs-southeast-asia-cab-booking-102723508–sector.html

The foregoing news article, about Temasek & GrabTaxi, provides a number of other “fine models” for the Caribbean ethos:

Regional Taxi Administration – The Go Lean roadmap defines that taxis are the frontline of Caribbean hospitality; there is the need to compel the stakeholders to adapt innovative products & services like the mobile apps in this news article (Page 25).
Mobile Applications – The Go Lean roadmap defines the mastery of time-&-space as strategic for succeeding in mobile apps development and deployment for the region (Page 35).

The book, Go Lean…Caribbean, serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU) over a 5 year period. The book stresses that the current community spirit/ethos must change. What can motivate people to change their values and priorities? Compelling external and internal drivers! The roadmap commences with the statement that the Caribbean is in crisis, and that “a crisis is a terrible thing to waste”. The region is devastated from external factors: global economic recession, globalization and rapid technology changes. The book then posits that to adapt, there must be a new internal optimization of the region’s strengths. This is defined in Verse XXVII (Page 14) of the Declaration of Interdependence:

Whereas the region has endured a spectator status during the Industrial Revolution, we cannot stand on the sidelines of this new economy, the Information Revolution. Rather, the Federation must embrace all the tenets of Internet Communications Technology (ICT) to serve as an equalizing element in competition with the rest of the world. The Federation must bridge the digital divide and promote the community ethos that research/development is valuable and must be promoted and incentivized for adoption.

In line with the foregoing article, the Go Lean book details some applicable community ethos, and provides a roadmap to better foster these qualities and their resulting benefits:

• Deferred Gratification (Page 21)

• Governing Principles – Return of Investments (Page 24)

• Help for Entrepreneurship (Page 28)

• Promotion of Intellectual Property (Page 29)

• Impacting Research & Developments (Page 30)

• Bridging the Digital Divide (Page 31)

The roadmap posits that the CU must incubate a Mobile Apps industry, forge entrepreneurial incentives and facilitate the infrastructure upgrades so that innovations can thrive. As related in the foregoing article, these efforts can help a region, in this case the Caribbean, to be a better place to live, work and play. 🙂

Download the free e-Book of Go Lean … Caribbean – now!

Share this post:

ICT, Model, Sales, STEM, Trade, Transform

[Top]

PetroCaribe press ahead with plan to eradicate hunger & poverty

Posted on April 8, 2014 in Economics, Ethos, Industries, Social

Go Lean Commentary

“He who has the gold makes the rules”; this is considered the golden rule. Today, oil is considered Black Gold. This succinctly describes the status of PetroCaribe and its regional campaign.

The foregoing news article speaks of PetroCaribe and ALBA, two economic integration initiatives by Hugo Chavez (1954-2013), the late President of Venezuela. He proved to be impactful, yet polarizing. His advocacy of socialism often brought him at odds with other western democracies, especially the US. But still, Chavez and Venezuela as a whole wield great power in Latin America and the Caribbean due to their abundance of resources and oil reserves.

The publisher of the book Go Lean…Caribbean, SFE Foundation, is a Community Development Foundation, constituted with members of the Caribbean Diaspora. The book’s first chapter defines the character and objective:

The SFE Foundation is not a person; it’s an apolitical, religiously-neutral, economic-focused movement, initiated at the grass-root level to bring change back to the Caribbean homeland – no one Caribbean State is favored over another. The SFE Foundation is not affiliated with the CariCom or any of its agencies or institutions. This movement is not an attempt to re-boot the CariCom, but rather a plan to re-boot the Caribbean

The same as is said about CariCom, in the above text, can be applied to PetroCaribe and ALBA.

CARACAS, Venezuela — The action plan for the eradication of hunger and poverty in the economic zone of PetroCaribe is showing significant progress. In order to define the specific intervention initiatives for each country, representatives from 17 Caribbean and Central American nations met in Caracas, Venezuela on 3 and 4 April 2014.

The meeting was opened by the vice-president for social areas of Venezuela, Hector Rodriguez, who emphasized on the importance of PetroCaribe for the region, noting that “this is a proposal that seeks equality based on diversity”.

Referring to the results of the action plan for the eradication of hunger and poverty, he stated, “We have the strategic goal of making the Caribbean a hunger free region.”

On this occasion, countries presented their concrete initiatives to eradicate hunger and poverty locally. The Executive Secretariat of PetroCaribe, with technical assistance from Food and Agriculture Organization (FAO) of the United Nations, will evaluate the proposals based on the guidelines set out in the action plan, which were approved by all the countries in the region. Selected projects will receive implementation funding from PetroCaribe.

At the meeting, the president of PDV Caribe and ALBA executive secretary, Bernardo Alvarez, emphasized the efficient implementation of the action plan: “We must congratulate ourselves on the important progress we have made in implementing the action plan for the eradication of hunger and poverty.”

Alvarez highlighted the leadership of FAO director general, José Graziano da Silva, in the creation of this regional initiative to end hunger: “This would not be possible without the inspiration of the director general of FAO, who was the creator of the Zero Hunger program in Brazil during the government of President Lula.”

The FAO regional representative for Latin America and the Caribbean, Raúl Benítez, noted, “The action plan to eradicate hunger and poverty is an example for everyone. This initiative is a concrete response to the 47 million people who still suffer hunger in Latin America and the Caribbean.”

Benitez acknowledged the commitment of the countries of the region, and Venezuela in particular, in the fight against hunger: “Venezuela is not only an example of a country that managed to defeat undernourishment in its territory, but it is an example of solidarity with an entire region.”

Meanwhile, executive secretary of PetroCaribe, Asdrubal Chavez, expressed optimism about the results of the action plan. “We could even reach our goals sooner than planned,” Chavez said.

The action plan is part of the priorities of the Community of Latin American and Caribbean States (CELAC), and the Hunger-Free Latin America and the Caribbean Initiative, a commitment of 33 countries of the region to eradicate malnutrition by 2025. Its aim is to strengthen food and nutrition security of member states of the PetroCaribe and ALBA economic zone through national and regional hunger eradication projects.

The book Go Lean…Caribbean, serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU). This will serve as an integrated entity among Caribbean member-states; many of which are also members of PetroCaribe and ALBA; see Appendices below. So the advantageous characteristics of the SFE Foundation and the Caribbean Union as apolitical entities are manifested in this Go Lean effort.

According to the foregoing article, hunger and poverty are still major concerns in the Caribbean. The underlying motivation of the Go Lean book is brotherly love. Therefore who so ever, brings a solution to feed our hungry, poor brothers and sisters should be welcomed and embraced, despite their political affiliation. The roadmap is not “pro” or “con” American, but rather pro solutions; in fact the CU is described as a technocracy with a focus on delivery and merit, rather than ideologue or politics.

The Go Lean roadmap does align with many of the objectives of PetroCaribe as detailed in the foregoing article. The CU’s goal is to integrate the Caribbean member-states for permanent economic empowerment. As a result, many social benefits will flow. For example, the roadmap defines 10 [successful] Battles in the War Against Poverty (Page 222) and 10 Ways to Help the Middle Class (Page 223).

A basic economic principle is that education lifts people out of poverty. So the roadmap prioritizes education along with food, clothing, shelter, healthcare and energy as basic needs. The CU is to foster the eco-system to better deliver these basic needs of life for Caribbean people. In all, to make the Caribbean a better place to live work and play.

Download the book – Go Lean … Caribbean now!!!

———–

Appendix – PetroCaribe
PetroCaribe is an oil alliance with Venezuela which allows the purchase of oil on conditions of preferential payment. The alliance was launched on 29 June 2005 in Puerto La Cruz, Venezuela. In 2013 PetroCaribe agreed to links with the Bolivarian Alliance for the Americas (ALBA), and to go beyond oil and promote economic cooperation. It is now considered an “economic zone”.

The PetroCaribe agreement was initiated with the aim of having solidarity with other countries in accordance with ALBA. The payment system allows for purchase of oil on market value for 5%-50% up front with a grace period of one to two years; the remainder can be paid through a 17-25 year financing agreement with 1% interest if oil prices are above US$40 per barrel. The agreement builds on payment terms from the San Jose Agreement and the Caracas Energy Accord. Energy and Petroleum Minister and President of PDVSA Rafael Ramírez said of the deal that it seeks to cut out the middleman in such transactions: “We’re not talking about discounts…We’re talking about financial facilities, direct deliveries of products, [and] infrastructure.”

There are a total of 17 members, plus Venezuela; 12 of the members are from the 15 member CariCom (excluding, Barbados, Montserrat and Trinidad and Tobago). At the first summit, 14 countries joined the alliance. These were: Antigua and Barbuda, the Bahamas, Belize, Cuba, Dominica, Dominican Republic, Grenada, Guyana, Jamaica, St Lucia, St Kitts and Nevis, Saint Vincent and the Grenadines, Suriname and Venezuela. At the third summit, Haití and Nicaragua joined the union. Guatemala joined in July 2008 but left the organization in November 2013 stating that Venezuela had not provided them with the ultra-low financing rates that they had been promised.

Haiti finally joined the alliance in April 2006. Honduras became the 17th member of the alliance in December 2007, under President Manuel Zelaya. Belize set up the Belize Petroleum Energy Company to coordinate for the project.

Appendix – ALBA
The Bolivarian Alliance for the Americas (Spanish – ALBA: Alianza Bolivariana para los Pueblos de Nuestra América) is an intergovernmental organization based on the idea of the social, political and economic integration of the countries of Latin America and the Caribbean. The name “Bolivarian” refers to the ideology of Simón Bolívar, the 19th-century South American independence leader born in Caracas who wanted the continent to unite as a single “Great Nation.”

ALBA is associated with socialist and social democratic governments wishing to consolidate regional economic integration based on a vision of social welfare, bartering and mutual economic aid. ALBA nations may conduct trade using a virtual regional currency known as the SUCRE. Venezuela and Ecuador made the first bilateral trade deal using the Sucre, instead of the US dollar, on July 6, 2010.

ALBA members include Antigua & Barbuda, Bolivia, Cuba, Dominica, Ecuador, Nicaragua, Saint Vincent & the Grenadines, Venezuela, Saint Lucia, and Suriname.

Appendix – SUCRE
A regional currency to be used in commercial exchanges between members of the regional ALBA trade bloc, which was created as an alternative to the [proposed-but-never-ratified] Free Trade Agreement of the Americas (FTAA). The SUCRE is intended to replace the US dollar as a medium of exchange in order to decrease US control of Latin American economies and to increase stability of regional markets.

The acronym is in Spanish, as: Sistema Único de Compensación Regional. In English, this means: Unified System for Regional Compensation

International trade between member states in SUCRE exceeded $850 million in 2013.

Eventually, the plan is for the SUCRE to become a hard currency.

Appendix – Referenced Sources:

• “PetroCaribe Meets in Venezuela, Links with ALBA”. Retrieved 6 April 2013 from: http://venezuelanalysis.com/news/9087.

• “ALBA Summit Ratifies Regional Currency, Prepares for Trinidad”. Michael Fox, Venezuela Analysis. Retrieved 17 April 2009 from: http://venezuelanalysis.com/news/4373

• Wikipedia treatment for subject PetroCaribe. Retrieved April 7, 2014 from: http://en.wikipedia.org/wiki/Petrocaribe

• Wikipedia treatment for subject ALBA. Retrieved April 7, 2014 from: http://en.wikipedia.org/wiki/ALBA

• Wikipedia treatment for subject SUCRE. Retrieved April 7, 2014 from: http://en.wikipedia.org/wiki/SUCRE

Share this post:

CariCom, Foreign Policy, Poverty, Power, Trade, Transform, Venezuela

[Top]

Barbados Central Bank records $3.7m loss in 2013

Posted on April 4, 2014 in Economics, Planning, Strategy

Go Lean Commentary

How does a Central Bank lose money? This seems plausibly impossible.

Without detailing the anatomy of the banking system, here are a few facts that make this foregoing news article so inconceivable. A Central Bank compels a reserve requirement from all commercial banks within its jurisdiction. So for every $100 in deposits, a commercial bank would have to leave a secured amount, say $12 on hand at the Central Bank. The commercial bank can thusly only loan the residual $88 in this example. Control (raising/lowering) that reserve requirement percentage rate is how Central Banks control the money supply, interest rates and inflation – the economy.

So with no effort, a Central Bank gets a slice of every deposit in its jurisdiction, a country. This role/responsibility is so important that many view the Chairman of the US Central Bank, the Federal Reserve, as the most powerful man in the country; even more so than the President.

So despite all this power, how can a Central Bank possibly lose money?

A Central Bank also has the ability to create “money from thin air”, by buying and selling treasury bonds on the securities markets. This too is a method for Central Banks to control the money supply. An accounting entry on the ledger creates the liquidity to buy bonds (increase money supply) or sell bonds (contract the money supply).

With this system in place, a Central Bank prints and issues the hard currency for a country. For them to lose money gives the impression that their currency has no/little value.

Imagine, the Governors/Directors of the Central Bank of Barbados are to be considered the stewards of Barbados’s economy…and they posted a loss for fiscal 2013! (The Bible analogy of “the blind leading the blind” comes to mind!)

BRIDGETOWN, Barbados, Thursday April 3, 2014, CMC – The Central Bank of Barbados (CBB) says it recorded a loss of BDS$3.7 million (One BDS dollar = US$0.50 cents) last year as it focused on restoring macroeconomic stability to the domestic economy.

The CBB in its 2013 annual report submitted to the govern-ment on Monday said that while its operating costs were largely unchanged, “the continuing weak investment climate for the low-risk securities that the Bank is permitted to hold continued to depress income.

“The Bank is reviewing options to contain expenditure over the medium term,” it added.

In its report, the CBB said that it focused on restoring macro-economic stability to the domestic economy as a weak performance of the key export sectors together with significantly lower foreign capital inflows constrained economic growth prospects.

“These developments placed pressure on foreign reserves, triggering a major policy adjustment to contain the erosion of the reserves, sustain the exchange rate anchor, reduce the fiscal deficit and slow the growth of Government debt.”

The CBB said the primary tool of policy was fiscal consolidation, reflected in increased taxation and expenditure-reducing measures.

“At the same time, the Bank continued to encourage the revitalisation of economic activity through growth in the tourism, agro-processing, international business and financial services, and alternative energy industries. “

It said that given the challenges facing the economy, the CBB stepped up its engagement with its stakeholders through a number of initiatives including presentations by internationally renowned speakers.

The CBB said in 2013 it introduced a new interest rate policy framework, designed to rationalise the process for adjustment of domestic interest rates.

“The policy permits virtual liberalisation of the minimum deposit rate, apart from ordinary savings accounts of individuals and non-profit organisations. This allows financial institutions to now set other deposit rates, while continuing to set lending rates.

“The policy also provides for intervention of the Bank in the Treasury Bill market, with the Treasury Bill rate now being used as a basis for determining rates for long term securities, along a notional yield curve which the Central Bank publishes.“

The Central Bank of Barbados said that the financial system remained stable during 2013 with banks profitable and well- capitalised.

It said the Financial Services Commission, which oversees the regulation of non- bank financial institutions, signed a memorandum of understanding with the Central Bank aimed at strengthening the monitoring of the financial system.

The CBB said for the first time in its 40-year history it has completely overhauled the design of the Barbados’ bank notes.

“In the past, only minor modifications had been made to the original series. The new series issued on June 4, 2013 replaced old and worn-out notes and there are enhanced security features that will make the new notes difficult to counterfeit and easier for the public to authenticate.”

The foregoing news article aligns with the prime directive of the book Go Lean … Caribbean to re-boot the economic engines of the Caribbean. The book narrates, thru anecdotes and statistical abstracts, the pain and suffering of previous mis-management of Caribbean currencies. The book then asserts that any regional effort to optimize the economy must be partnered with technocratic management of monetary affairs. As such, the book serves as a roadmap for the introduction and implementation of both the Caribbean Union Trade Federation (CU) and the independent, Caribbean Central Bank (CCB).

Before addressing the technical issues, the CU assumes a sentinel position to cautiously protect and promote image and branding of Caribbean people, culture and systems of commerce. The foregoing headline is a “call to arms” for this mission.

Monetary and currency issues are intertwined with any discussion of elevating the Caribbean’s economy. This issue is explored in full details in the book, commencing with the roadmap focus of the Declaration of Interdependence, pronouncing the need for astute management of the money supply with these statements (Page 13 & 14) respectively:

xxi. Whereas the legacy of international democracies had been imperiled due to a global financial crisis, the structure of the Federation must allow for financial stability and assurance of the Federation’s institutions. To mandate the economic vibrancy of the region, monetary & fiscal controls and policies must be incorporated … [to] address threats against the financial integrity of the Federation and member-states.

xxix. Whereas all Caribbean democracies depend of the free flow of capital for municipal, public and private financing, the institutions of capital markets can be better organized around a regional monetary union. The Federation must institute the controls to insure transparency, accounting integrity and analysis independence of the securities markets, thereby shifting the primary source of capital away from foreign lenders to domestic investors, comprising institutions and individuals.

The roadmap is to confederate all the 30 member-states of the Caribbean, despite their language and legacy, into an integrated “single market”, with a unified currency, Caribbean Dollar (C$). This follows the model of the European Union and the European Central Bank with the world’s strongest currency, the Euro.

The book maintains that the security of the Caribbean is inextricably linked to the economy of the Caribbean; as such there is the need for federal oversight, monitoring and mitigations of threats, risks and casualties for the integrated market and the related systems of commerce.

These above comments address the “coulda-woulda-shoulda” aspects of the foregoing news article. The Go Lean roadmap also brings a sense of reality to the focus of economic empowerment in the Caribbean. This means that “it is what it is”. So why did the Central Bank of Barbados post a $3.7 Million loss for 2013?

This requires a sober assessment; the managers for the bank are duly qualified. Dr. DeLisle Worrell was appointed as Governor of the Central Bank on November 1, 2009. He is an acclaimed Economist, author and professor; he is a subject-matter-expert (SME) for small island economics, having authored a book entitled SMALL ISLAND ECONOMIES; he is a technocrat!

The foregoing article alludes that the loss was due to the volatility of foreign exchange (Fx) management. It is these kinds of issues that the Go Lean roadmap targets for mitigation and better management. The book posits that the problems of Caribbean currencies are too big for any one member-state to resolve, that the best solution is to confederate the 30 member-states, and their Central Banks, into a “single market” Central Bank for the unified C$ currency – a cooperative of banks. Since the Barbados dollar alone cannot garner the volumes for respect and participation in the international Fx markets, this SMALL ISLAND ECONOMY must “fend for its life” as best it can, buying and selling US dollars in the open market to control the amount/value of the Barbadian dollar. This process is “hit-and-miss”. For 2013, it was a “miss”!

The strategies, tactics, implementations for the Caribbean Union Trade Federation & Caribbean Central Bank management of the economy are detailed in the Go Lean roadmap. Here are sample selections from the book:

Separation-of-Powers: Central Bank – Currency Printing/Engraving	Page 73
Separation-of-Powers: Depository Insurance & Regulatory Authority	Page 73
Separation-of-Powers: Securities Exchange Regulatory Agency	Page 74
Separation-of-Powers: Emergency Management	Page 76
10 Ways to Better Manage Debt	Page 114
10 Ways to Promote Independence	Page 120
10 Ways to Model the EU	Page 129
10 Lessons Learned from 2008	Page 135
10 Ways to Control Inflation	Page 153
10 Ways to Better Manage Foreign Exchange	Page 154
10 Ways to Mitigate Black Markets	Page 165
10 Ways to Foster Cooperatives	Page 176
10 Reforms for Banking Regulations	Page 199
10 Ways to Impact Wall Street	Page 200

Download the Book- Go Lean…Caribbean Now!!!

Share this post:

Banks, Image, Power, Transform

[Top]

Cuba Approves New “Law on Foreign Investment”

Posted on April 2, 2014 in Economics, Government

Go Lean Commentary

Cuba sera libre!

This has been the “war chant” for many lovers of Cuban heritage, culture and homeland. It’s a reminder that Cuba currently lacks many of the same freedoms so many of its neighbors enjoy. It is a mission of the book Go Lean … Caribbean, to bring change to the Caribbean in general and Cuba in particular, with the implementation of the Caribbean Union Trade Federation (CU). See the relevance in the following news article here:

Title: Cuba Approves New “Law on Foreign Investment”
By: Caribbean Journal Online Magazine

Cuba’s National Assembly has approved a new “Law on Foreign Investment,” the government said Saturday.
In a statement, the government said it would be an “essential instrument in the interest of Cuba to consolidate its economic model and build a prosperous and sustainable socialism.”

The law included a mix of mostly tax incentives, and it could be the latest move in what has been a gradual shift toward liberalizing the country’s economy, although it has come at a decidedly slow pace.

That nominal push kicked off last year, when Raul Castro, announcing plans to retire from politics in 2018, said Cuba needed to update its economic model to achieve a “sustainable and prosperous socialist society, a society less egalitarian, but more fair.”

The vote came at a special meeting convened by Cuba’s state council to discuss regulation; the meeting focused on “the need to attract foreign capital to the sectors of interest to the country,” according to a statement.

Marino Murillo Jorge, vice president of Cuba’s Council of Ministers, said that well-done foreign investment “does not mean giving away the country.”

He said the new model would focus on ensuring not just economic growth but development, with a target growth rate of between five and seven percent.

Retrieved 04/01/2014 from: http://www.caribjournal.com/2014/03/30/cubas-national-assembly-approves-new-law-on-foreign-investment/

The Go Lean roadmap recognizes that Cuba is very significant in the geographic and cultural anatomy of the Caribbean. As of 2010, Cuba possessed 26% of the region’s population (11.2 million out of 42.2 million) and 29% of the gross GDP, with their assumed $111 Billion output. But this is a far cry from where Cuba was 60 years ago, with one study placing Cuba as the #3 economy in Latin America and the Caribbean^[a]. Though the “mighty has fallen”, this book posits that the “sleeping giant”, that is the Cuban economy, will awaken. The Go Loan roadmap is the preparation of Cuba’s re-emergence to the world’s economic consciousness. The realities and possibilities of Cuba’s past and future are identified early in the book, embedded in the Declaration of Interdependence, pronouncing a need for reconciliation efforts (Page 11):

xiii. Whereas the legacy of dissensions in many member-states (for example: Haiti and Cuba) will require a concerted effort to integrate the exile community’s repatriation, the Federation must arrange for Reconciliation Commissions to satiate a demand for justice.

The foregoing article confirms that change is on the way! The Cuban Communist regime recognizes that they need foreign investment, a “rightward” shift towards socialism; less egalitarianism and more free market accomplishments. The CU will expedite this process even more for/with Cuba. Where they declare “open arms” for foreign investments, we declare a regional embrace of Caribbean participation (Page 13):

xxiv. Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

To the population of Cubans living on the island, we embrace you; “Help” is on the way! We entreat you to lean-in to this plan for confederation with your Caribbean neighbors.

To the Cuban Diaspora living abroad, we embrace you. There is a role for your inclusion in the future of Cuba. We entreat you to also lean-in to this roadmap for change and economic optimization for your beloved Cuba.

To the Cuban legacies, those descendants of Cuba’s past, we encourage you to tune-in and observe how the passions of your heritage will succeed in this new world.

Cuba sera libre!

Download the Book- Go Lean…Caribbean Now!!!

———–

Appendix – Reference:

a. United Nations Development Program, Human Development Report, Various issues, 1990, 1992, New York: Oxford University Press, 1991, 1993.

Share this post:

Civil Rights, Cuba, Foreign Policy, Image, Jobs, Trade, Transform

[Top]