ICT – Go Lean…Caribbean

Tag: ICT

Zero Sum: ICT as a tool, the “Great Equalizer”

Posted on February 22, 2021 in Economics, Ethos, Government, Industries, Tactical

Go Lean Commentary

Not all countries are at the same level of modernity; in some places, people ride bullet trains while in other countries, people still use horses, camels and mules. This salient point was related in the 2013 book Go Lean … Caribbean on Page 69:

The idea of convergence in economics (also sometimes known as the catch-up effect) is the hypothesis that poorer economies’ per capita incomes will tend to grow at faster rates than richer economies. As a result, all economies should eventually converge in terms of per capita income. Developing countries have the potential to grow at a faster rate than developed countries because diminishing returns (in particular, to capital) are not as strong as in capital-rich countries. Furthermore, poorer countries can replicate the production methods, technologies, and institutions of developed ones.

There are many examples of countries which have converged with developed countries which validate the catch-up theory. In the 1960s and 1970s the East Asian Tigers rapidly converged with developed economies. These include Singapore, Hong Kong, South Korea and Taiwan – all of which are today considered developed countries or cities. In the postwar period (1945–1960) examples include West Germany, France and Japan, which were able to quickly regain their pre-war status.

The “catch-up” principle also applies to Internet Communications Technology (ICT). It is clearly evident that for one country to update their technology footprint, no other country have to lose theirs. Nope! ICT is naturally Non-Zero Sum.

There is another related concept: leapfrog. If you were operating at 1970’s technology, and then decide to upgrade, you do not move to 1980’s, then 1990’s, then 2000’s, then 2010’s. Nope, you jump straight to 2020’s technology. Leap-frog, not Catch-up.

In fact, migrating straight to the cutting-edge could be advantageous in other ways: there is no historic or intermediate baggage; there is nothing to unlearn.

The subject of technology adoption refers to strategy, tactics and implementation. The related issues were thoroughly defined in the Go Lean book, which serves as a roadmap for the introduction of the Caribbean Union Trade Federation (CU). That roadmap asserted that in a short 5-year period, all Caribbean member-states could update their technology investment and infrastructure. See this excerpt from Page 74 here:

From the outset, (Year 1 of the 5-year roadmap), the CU will build data centers and server farms across the regions, erect contact centers and harness the efficiencies of the internet for delivery of government products and services. Rather than looking backwards, there is the opportunity to apply “leap-frog” strategies and jump right to where data center trends are moving, like utilizing alternative energy sources such as Hydrogen Fuel Cells to ensure power in the case of downtime or natural disaster emergencies.

Here is the appeal of the Go Lean/CU roadmap, we get to leverage the whole region and deploy a technological solution not possible for any one member-state alone. This is the Way Forward for competing with the rest of the world in this new globalized footprint. Since the “world is now flat”, we must be better equipped to compete with other stakeholders; we cannot beat “them”, so we have to join together to compete with them.

This is Non-Zero-Sum Thinking …

… this is the needed Community Ethos – the underlying sentiment that informs the beliefs, customs, or practices of society – that we must adopt before we can consider any strategy, tactic or implementation for deploying ICT in the Caribbean region as a great equalizer.

This is the continuation of the February 2021 Teaching Series for the movement behind the Go Lean book. For this month, we are looking at the subject of Zero Sum Thinking and trying to model good examples from the world of ICT so as to elevate Caribbean society. This third entry, 3-of-6, asserts that we can look, listen, learn from other institutions (enterprises, governments and institutions) and see that the problem for the Caribbean is bigger than just the Caribbean. Consider the full catalog of this series, has it is being presented:

Zero Sum: Lesson 101 – No more “Gold Standard”
Zero Sum: Realities of Globalism – “Non-Zero Sum” for the whole world
Zero Sum: ICT as a tool, the “Great Equalizer”
Zero Sum: Regional Tourism should not be a competition – Encore
Zero Sum: Book Review – Racism is a factor; “Us vs Them”
Zero Sum: How to fix “Inequality” – Raise the tide, all boats are elevated

We started this series on Zero Sum by looking at the economic principle drawn from the “Gold Standard”. Now, that we realize that the quantity of gold is inconsequential, we can now strategize to use ICT to level the “playing field” with the rest of the world, small or large countries, rich or poor. This is the mitigation plan for Globalization, as related in the Go Lean book:

The CU will level the playing field of global trade by fully deploying Internet & Communications Technology (ICT). The embrace of e-Delivery, e-Commerce and e-Payments systems allow firms and institutions in the Caribbean region an able-bodied chance of competing head-to-head with anyone in North America, Europe and Asia. – Page 119

We have addressed this issue before, many times over in assessing the needs of ICT in the Caribbean elevation plan. Our conscientizing efforts started in the 2013 book, and then continued in many related blog-commentaries. Consider this advocacy (headlines, summaries and excerpts) from the book’s Page 197, entitled:

10 Ways to Foster Technology

1	*Lean-in for the Single Market* treaty for the Caribbean Union Trade Federation (CU)** This treaty allows for the unification of the region into one market of 42 million people, across 30 member-states and an economic impact for a GDP of over $800 Billion (circa 2010). The CU will lead the industry efforts to create economies-of-scale to deploy technological investments, (such as Libraries and other Community Technology Centers), and generate justifiable benefits. The CU governance also provides the intellectual property protections such as patents and copyrights, and ensures their enforcement both locally and abroad. The technology initiatives are designed to include everyone in the region: the technically-savvy and the technically-ignorant. In addition to the CU providing community education services like the CTC’s, the CU incentivizes Not-For-Profit agencies, NGOs and Foundations to help the community efforts.
2	e-Learning Facilities and Industries Though the CU is a Trade Federation with an economic empowering charter, it is accepted that education is vital to growing the economy through technology endeavors. As such, the CU will foster public libraries, and partner with private and public schools to encourage and incentivize academic courses, training and continuing education via e-Learning channels. This effort will not only focus on the young or educated, but also on ubiquitous acceptance from the public.
3	STEM Charter Schools and STEM Teacher Recognitions
4	e-Government Services The CU Trade Federation will provide government services. Where ever possible, these services will be delivered with the embrace of Internet and Communications Technologies (ICT). Therefore, Caribbean citizens can request and interact with CU government services via web & phone portals (contact centers), and when personal visits are mandated, service level agreements (SLA) will be implemented to set expectations for quality and timely response.
5	Public Access Wi-Fi
6	Incubators, Venture Capitalists Funds and IPO’s
7	Tax Credits for Technological Investments
8	Technology Expositions
9	Centers of Excellence Quality assurance arts and sciences are important cultural influence within an economy, (think Swiss watches). Quality measurements like ISO-9000, CMM, and Six Sigma would be encouraged and incentivized thru the CU Trade Federation. The best-of-the-best in these endeavors should be recognized, elevated and rewarded.
10	Whistleblower Protections

Wile the Go Lean book has provided 370-pages of turn-by-turn instructions on “how” to adopt new Community Ethos, plus the strategies, tactics, implementations and advocacies to accomplish this goal, this commentary has highlighted many real world manifestations of technology efforts leveling the industrial and commercial playing field. Consider these 3 scenarios:

e-Commerce – Changing how we transact business.

Uber: A Better ‘Mousetrap’ – March 13, 2019
We are learning that car-ride-sharing solutions – like Uber or Lyft – are actually working successfully. They are faster, better and cheaper than other transportation options, like taxi’s …

… it might be argued that local governments can simply ban ride-sharing companies like Uber, Lyft, etc..

Alas, the “genie is out-of-the-bottle”; ICT or Internet Communications Technologies (and smart-phones) make messaging and electronic commerce seamless and effortless. This is likened to holding back the tides. Resistance is futile! …

The [Go Lean] book asserts that no one Caribbean member-state can tackle any of these challenges alone; there is an urgent need – a Clear and Present Danger – to convene, collaborate, consolidate and confederate the response to these modern challenges – we need the economies-of-scale.

e-Learning – Still learning despite no travelling

Keep the Change: Making e-Learning Work – April 24, 2020
In the Caribbean, this was always our BHAG – Big Hairy Audacious Goal – that we would terminate the strategy of sending our children off to college to only then watch them “never come back”. …

Thanks to the Coronavirus – COVID-19 crisis, the world is coming to the e-Learning party. It is April 2020 and the world is locked-down, sheltering-in-place. The majority of people in society have avoided gathering and all but essential contact for people – other than their immediate household – in order to “flatten the curve”. Schools are not essential: not primary, not secondary and not tertiary schools.

Education is essential; school (building, library, administration, etc.) is not.

We can only say that now … that e-Learning options [ i.e. Zoom] – are real and viable. …

The Go Lean book had originally asserted that e-Learning may be the answer for all the ills in the Caribbean education landscape. The book further states (Page 127) that “electronic commerce industries – Internet Communications Technology (ICT) – can be a great equalizer in economic battles of global trade ^[179]”. This is how and why we Keep the Change!

e-Government – Bigger deliveries despite smaller footprint

e-Government 3.0 – June 20, 2018
What if we had the chance to “start all over again”, with the knowledge, wisdom and experience that we have now? Could we do “it” faster, stronger, better? Can we do more with less?

Absolutely! Yes, we can!

We will therefore be [are] in a position to “start all over again” and create an administrative regime that can make the Caribbean homeland faster, stronger, better as places to live, work and play. This regime can be dubbed: e-Government 3.0.

e-Government 1.0 refers to just the facilitation of government services via some electronic mode, the first attempt to embrace an online presence and processing; 2.0 refers to the quest for greater citizen participation in the governing/policy-making process, “putting government in the hands of citizens”.^[54] This 3.0 brand however, refers to the penultimate e-Delivery, processing and optimization of ICT (Internet & Communications Technologies) among all the different roles and responsibilities. Imagine digital interactions …

between a citizen and their government (C2G)

between governments and other government agencies (G2G)

between government and citizens (G2C)

between government and employees (G2E), and …

between government and businesses/commercial entities (G2B).

If this sounds fantastical, just know that there are successful role model countries doing this e-Government 3.0 right now. For example, the Baltic Republic country of Estonia is widely recognized as e-Estonia, as a reference to its tech-savvy government and society.^[98] [See the related VIDEO here].

VIDEO – Estonia Built the Society of the Future from Scratch – https://youtu.be/cHkIfiTGmzo

Beme News
Published on Jan 10, 2018 – A tech revolution is going down in Estonia…of all places. The tiny Baltic nation has built a futuristic, digital-first society. Lou explains how it works, why it works, and if it will work elsewhere.

Sources & Further Reading:
E-Estonia’ official website – https://e-estonia.com/
Estonia the Digital Republic – https://www.newyorker.com/magazine/20…
Is This Tiny European Nation a Preview of Our Tech Future? – http://fortune.com/2017/04/27/estonia…
How long it takes to file taxes in Estonia – http://www.politifact.com/truth-o-met…
How long it takes to file taxes in the U.S. – https://www.washingtonpost.com/blogs/…
Why Americans didn’t vote in 2016 – http://www.pewresearch.org/fact-tank/…

Category: News & Politics

License: Standard YouTube License

In addition to these above 3 examples of “leveling the playing field” with technology, we have published many other previous blog-commentaries on the related subjects of technology adoption and assimilation. Consider this sample list here:

https://goleancaribbean.com/blog/?p=18524	One Step Closer to an e-World: e-Money Solutions
https://goleancaribbean.com/blog/?p=16364	5 Year Technology Review: All the Caribbean now fully ready for ICT
https://goleancaribbean.com/blog/?p=15923	Industrial Reboot – Payment Cards 101
https://goleancaribbean.com/blog/?p=15875	Amazon: ‘What I want to be when I grow up’
https://goleancaribbean.com/blog/?p=14224	How are the Youth are Consuming Media Today? Hint, all ICT!
https://goleancaribbean.com/blog/?p=13999	First Steps – Deputize the CU for “Lean Operations” and SLA’s.
https://goleancaribbean.com/blog/?p=12532	Where the Jobs Are – Artificial Intelligence: Subtraction, not Addition
https://goleancaribbean.com/blog/?p=11314	Creating Addiction to Smartphones – One way to Forge Change
https://goleancaribbean.com/blog/?p=11184	Model: Wow, JPMorganChase spent $10 billion on ‘Fintech’ in 1 year
https://goleancaribbean.com/blog/?p=9839	Alibaba Cloud teaches how to reach the world with new Data Centers

Don’t get it twisted, Zero Sum thinking is still a reality in a lot of facets of modern life, but it does not have to be when it comes to ICT. The online (streaming) media industry is all based on the premise of Write Once Read Many (WORM), so it does NOT matter if 50 people consume a production or 500 million. The effort goes into the production, not the distribution. This means that Small Market productions can finally rival Big Market productions. Boom! That’s a “level playing field” with equal opportunity for all competitors – small or large. See the related assertion in the Appendix VIDEO below.

The expression the “world is flat” does not only refer to globalization, but also to the emergence of communication technologies, in that across the planet can now interact with us as if they are next door. ICT flattens the round world.

“Get ready, here it comes’.

Oops, too late! If we are only now planning to address this actuality then we are already behind – playing catch-up. Let’s finally catch-up with a leap-frog approach.

Let’s get busy …

… let’s do the work to make our Caribbean homeland a better place to live, work and play. We hereby urge all Caribbean stakeholders – high tech, low tech or no tech – to lean-in to this Go Lean roadmap to elevate Caribbean society. 🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

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

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 14):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

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.

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.

xxx. Whereas the effects of globalization can be felt in every aspect of Caribbean life, from the acquisition of food and clothing, to the ubiquity of ICT, the region cannot only consume, it is imperative that our lands also produce and add to the international community, even if doing so requires some sacrifice and subsidy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

——————–

Appendix VIDEO – SMW ’18: JD Fox Talks Making Small-Market Sports Streaming Look Big League – https://youtu.be/wq5x_0e3wDM

Posted Dec 12, 2018 – Streaming Media’s Tim Siglin interviews JD Fox, Director of Partnerships and Product Management at PrestoSports, at Sports Streaming Summit and Streaming Media West 2018.

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ICT, Model, Transform

Black Image – Beyond Slavery: 1884 Berlin Conference

Posted on July 29, 2020 in Ethos, Government, Planning, Social

Go Lean Commentary

There is no doubt, the Slave Trade and the institution of Slavery – installed by the dominant European cultures – were degrading to Black Image.

But Slavery was not the beginning nor the end of this degradation, or devalued appreciation of Black Image to the European world.

As related in this commentary series, the degradation started in 1491 when Pope Innocent VIII authorized Slavery and the Slave Trade. Most European powers ended their slavery institutions by mid-1800’s (i.e. UK: 1838; France: 1848; Netherlands: 1848; US: 1865). Yet in 1884, the Europeans were at it again; not with a new round of slavery but rather a new round of degradation:

The Scramble for Africa.

So rather than oppressing, suppressing and repressing African-descended people in the New World, the malicious actions went to the source, the motherland for Africans: Africa. See the Appendix VIDEO below and this excerpt from a previous Go Lean commentary about Black Nationalist Marcus Garvey:

There was a constant, efficient and emphatic “grab” for the assets and capital of Africa – human capital included. Garvey’s assessment was 100 years after the formal Slave Trade ended in 1807. Yes, the European nations had divided up all of the African continent for their own empire-building and economic manifestations; see the encyclopedic reference here:

The Scramble for Africa was the occupation, division, and colonization of African territory by European powers during the period of New Imperialism, between 1881 and 1914. It is also called the Partition of Africa and by some the Conquest of Africa. In 1870, only 10 percent of Africa was under formal European control; by 1914 it had increased to almost 90 percent of the continent, with only Ethiopia (Abyssinia) and Liberia still being independent. [Liberia was an American “Moral Protectorate”]. With the Italian occupation of Ethiopia in 1936, only Liberia remained independent. There were multiple motivations including the quest for national prestige, tensions between pairs of European powers, religious missionary zeal and internal African native politics.

The Berlin Conference of 1884, which regulated European colonisation and trade in Africa, is usually referred to as the ultimate point of the scramble for Africa.^[1] Consequent to the political and economic rivalries among the European empires in the last quarter of the 19th century, the partitioning, or splitting up of Africa was how the Europeans avoided warring amongst themselves over Africa.^[2] The later years of the 19th century saw the transition from “informal imperialism” by military influence and economic dominance, to direct rule, bringing out colonial imperialism.^[3]
Source: Wikipedia – retrieved February 5, 2019 from: https://en.wikipedia.org/wiki/Scramble_for_Africa

This is the continuation of this Teaching Series for July 2020 on Black Image; this is entry 5-of-6 from the movement behind the 2013 book, Go Lean…Caribbean. Every month, this movement presents a series on issues germane to Caribbean life, history and prospects. This entry asserts that the normal and default setting for the European community ethos (attitude, disposition and/or driving spirit) towards African people is one of exploitation, unless the exploiters are met with a stronger opposing force.

(Remember: The Republic of Haiti, gaining independence in 1804, only after the well-trained Black Haitian Revolutionary forces executed 4,000 European citizens for constantly trying to enslave them). 🙁

It is no wonder Black Image as seen by the Euro-centric world is only that of “Less Than”.

We should never be surprised by this actuality. We should simply expect it. This theme is embedded throughout the month’s series. The full catalog on Black Image for this month is presented as follows:

Black Image: Corporate Reboots
Black Image: Pluralism is the Goal
Black Image: Colorism – The Stain of Whiteness – Encore
Black Image: Slavery in History – Lessons from the Bible
Black Image: Beyond Slavery: 1884 Berlin Conference
Black Image: The N-Word 101

The Go Lean book, serving as a roadmap for the introduction of the Caribbean Union Trade Federation (CU), asserts that Caribbean stakeholders must Grow Up and handle their affairs themselves, rather than looking towards some “Overseas Masters” to manage our affairs for us. This must be the resolve, not just for governance, but for economics and security provisions as well.

Consider communications and media networks and how Caribbean people had been judged by foreign or Euro-centric standards:.

If the media networks in the region are owned by foreign entities, then foreign standards are still “the rule”.

No more!

Change has come to the world and to the Caribbean region. The advent of Internet Communications Technologies (ICT) now has voluminous options for media to be delivered without the large footprint … or investment. Now anyone can easily publish VIDEO’s and Music files to the internet and sell them to the public – models abounds: i.e. pay-per-play, or subscription.

There is the opportunity for Caribbean stakeholders to convene, consolidate and confederate the region for their own optimized broadcast and streaming networks. This was the lesson learned from the Berlin Conference of 1884; that if we do not have a “seat at the table”, then we are only “on the menu”. For the “1884 Table”, the menu was the land, people, resources and capital of the African continent – they divvied up the assets with no fights or battles. For the “Caribbean Table”, the menu is the eyeballs and consciousness of Caribbean people or Black Image.

Imagine the deployment of a new Caribbean Network! Not like ABC, NBC or CBS (in the US), but rather like the WWE Network or World Wrestling Entertainment. In a previous blog-commentary this definition was presented:

This is better! (Every mobile/smart-phone owner walks around with an advanced digital video camera in their pocket). We are now able to have a network without the “network”. Many models abound on the world-wide-web. Previously, this commentary identified one such network (ESPN-W); now the focus is on another, the WWE Network, associated with the World Wrestling Entertainment, Inc. This network is delivered via the internet-streaming only (and On-Demand with limited Cable TV systems).

We have so many examples-business models; think: WWE, ESPN-W, YouTube and Netflix …

Let’s do our own Image Building Network; and let’s do that now.

This focus, building a regional Caribbean Network, has been a mission for this Go Lean movement from the beginning of this movement. This theme has been elaborated in many previous blog-commentaries; consider this sample here:

https://goleancaribbean.com/blog/?p=19546	Big Hairy Audacious Goal – Caribbean Media: Learning from Netflix et al
https://goleancaribbean.com/blog/?p=17822	Caribbean Youtuber providing a Role Model with Expanded Audiences
https://goleancaribbean.com/blog/?p=17250	Way Forward – Caribbean ‘Single Market’ for Media
https://goleancaribbean.com/blog/?p=14224	How the Youth are Consuming Media Today – Digitally
https://goleancaribbean.com/blog/?p=4381	Net Neutrality: It matters here … in the Caribbean
https://goleancaribbean.com/blog/?p=2171	Sports Role Model – Turn On the SEC Network

A positive image is not automatic …

… for people of African heritage from their European counterparts. We must be deliberate and technocratic in our efforts for Caribbean Image management.

Yes, we can …

Black Image has endured a lot … over the years, before, during and after the bad old days of slavery. But we now know what to do; we know how and when we must act. Most importantly, we must do it ourselves. We must have a seat at the table.

As reported in every entry of this series during July 2020, we must message the truth, if not to the whole world, then at least here in the Caribbean. This is how we can make our regional homeland a better place to live, work and play. 🙂

Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

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

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 14):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xii. Whereas the legacy in recent times in individual states may be that of ineffectual governance with no redress to higher authority, the accedence of this Federation will ensure accountability and escalation of the human and civil rights of the people for good governance, justice assurances, due process and the rule of law. As such, any threats of a “failed state” status for any member state must enact emergency measures on behalf of the Federation to protect the human, civil and property rights of the citizens, residents, allies, trading partners, and visitors of the affected member state and the Federation as a whole.

xiv. 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.

xxiii. Whereas many countries in our region are dependent Overseas Territory of imperial powers, the systems of governance can be instituted on a regional and local basis, rather than requiring oversight or accountability from distant masters far removed from their subjects of administration. The Federation must facilitate success in autonomous rule by sharing tools, systems and teamwork within the geographical region.

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.

xxx. Whereas the effects of globalization can be felt in every aspect of Caribbean life, from the acquisition of food and clothing, to the ubiquity of ICT, the region cannot only consume, it is imperative that our lands also produce and add to the international community, even if doing so requires some sacrifice and subsidy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

—————————–

Appendix VIDEO – The Berlin Conference (1884 – 1885) – https://youtu.be/vO3-SNpCbSo

Logic Owl
The history of the Berlin Conference and the colonial scramble for Africa during the late 1800’s and early 1900’s, as countries like Great Britain, France, Belgium, Germany, Italy and more fight for African colonies. At the expense of the African people across the continent.

Links:
https://www.aljazeera.com/indepth/opi…
https://www.britannica.com/event/Berl…
https://www.pbslearningmedia.org/reso…

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History, ICT, Image, Model, New Media

[Top]

Internet Birthday – Still Growing Up after 50 Years

Posted on October 30, 2019 in Ethos, Industries, Strategy

Go Lean Commentary

Today – October 29, 2019 – is the 50th birthday of the Internet.

No joke …

This is a Big Deal – or should be – for the world and for us in the Caribbean. The Internet has brought Good, Bad and Ugly to the world:

Think of the ease of communications with people around the world. Have you paid for long distance telephone calls lately?
When was the last time you touched an encyclopedia book or volume? … a dictionary?
Think of retail industries that have disappeared: record stores, book stores, travel agencies.

In this commentary, we have been consistent in our advocacy of Internet & Communications Technologies (ICT); see this previous post:

Technology has also pounced on the modern world, the Caribbean included; what started as a counter-culture revolution – nerds, geeks and techies – has become mainstream and normal. People today are walking around with a computer in their pockets (smart-phones) that far exceeds Big Mainframe systems (Big Iron) from 30 years ago; think 1 terabyte of memory-storage; 3.5 Giga-Hertz processor chips; global communication networks with interconnected devices around the world.

This change is not all bad! The whole world – the people, media and information – is now accessible at our finger tips!

It is our assertion that the entire Caribbean region – all 30 member-states, Cuba included – must adopt, compete and thrive in our ICT endeavors. This is one strategy for leveling the playing field in our competition with the rest of the world. But to adopt, compete and thrive, we cannot only consume; we must produce (research and develop) as well.

Why? Because the internet can also lead consumers astray; there are lanes on the information superhighway that goes into some dark-dangerous corners of society. See how this was pronounced by this college professor, who so happens to be one of the Participating Founders of the Internet 50 years ago … today:

Opinion: 50 years ago, I helped invent the internet. How did it go so wrong?
By: Leonard Kleinrock
When I was a young scientist working on the fledgling creation that came to be known as the internet, the ethos that defined the culture we were building was characterized by words such as ethical, open, trusted, free, shared. None of us knew where our research would lead, but these words and principles were our beacon.

We did not anticipate that the dark side of the internet would emerge with such ferocity. Or that we would feel an urgent need to fix it.

How did we get from there to here?

While studying for my doctorate at MIT in the early 1960s, I recognized the need to create a mathematical theory of networks that would allow disparate computers to communicate. Later that decade, the Advanced Research Projects Agency — a research funding arm of the Department of Defense created in response to Sputnik — determined they needed a network based on my theory so that their computer research centers could share work remotely.

My UCLA computer lab was selected to be the first node of this network. Fifty years ago — on Oct. 29, 1969 — a simple “Lo” became the first internet message, from UCLA to Stanford Research Institute. We had typed the first two letters of “login” when the network crashed.

This quiet little moment of transmission over that two-computer communication network is regarded as the founding moment of the internet.

During its first 25 years, the internet grew dramatically and organically with the user community seeming to follow the same positive principles the scientists did. We scientists sought neither patents nor private ownership of this networking technology. We were nerds in our element, busily answering the challenge to create new technology that would benefit the world.

Around 1994, the internet began to change quickly as dot-coms came online, the network channels escalated to gigabit speeds and the World Wide Web became a common household presence. That same year, Amazon was founded and Netscape, the first commercial web browser, was released.

And on April 12, 1994, a “small” moment with enormous meaning occurred: The transmission of the first widely circulated spam email message, a brazen advertisement. The collective response of our science community was “How dare they?” Our miraculous creation, a “research” network capable of boundless computing magnificence had been hijacked to sell … detergent?

By 1995, the internet had 50 million users worldwide. The commercial world had recognized something we had not foreseen: The internet could be used as a powerful shopping machine, a gossip chamber, an entertainment channel and a social club. The internet had suddenly become a money-making machine.

With the profit motive taking over the internet, the very nature of innovation changed. Averting risk dominated the direction of technical progress. We no longer pursued “moonshots.” Instead advancement came via baby steps — “design me a 5% faster Bluetooth connection” as opposed to “build me an internet.” An online community that had once been convivial transformed into one of competition, antagonism and extremism.

And then as the millennium ended, our revolution took a more disturbing turn that we continue to grapple with today.

By suddenly providing the power for anyone to immediately reach millions of people inexpensively and anonymously, we had inadvertently also created the perfect formula for the “dark” side to spread like a virus all over the world. Today more than 50% of email is spam, but far more troubling issues have emerged — including denial of service attacks that can immobilize critical financial institutions and malicious botnets that can cripple essential infrastructure sectors.

Other dangerous players, such as nation-states, started coming onto the scene around 2010, when Stuxnet malware appeared. Organized crime recognized the internet could be used for international money laundering, and extremists found the internet to be a convenient megaphone for their radical views. Artificial intelligence, machine learning, facial recognition, biometrics and other advanced technologies could be used by governments to weaken democratic institutions.

The balkanization of the internet is now conceivable as firewalls spring up around national networks.

We could try to push the internet back toward its ethical roots. However, it would be a complex challenge requiring a joint effort by interested parties — which means pretty much everyone.

We should pressure government officials and entities to more zealously monitor and adjudicate such internet abuses as cyber-attacks, data breaches and piracy. Governments also should provide a forum to bring interested parties together to problem-solve.

Citizen-users need to hold websites more accountable. When was the last time a website asked what privacy policy you would like applied to you? My guess is never. You should be able to clearly articulate your preferred privacy policy and reject websites that don’t meet your standards. This means websites should provide a privacy policy customized to you, something they should be able to do since they already customize the ads you see. Websites should also be required to take responsibility for any violations and abuses of privacy that result from their services.

Scientists need to create more advanced methods of encryption to protect individual privacy by preventing perpetrators from using stolen databases. We are working on technologies that would hide the origin and destination of data moving around the network, thereby diminishing the value of captured network traffic. Blockchain, the technology that underpins bitcoin and other digital currencies, also offers the promise of irrefutable, indisputable data ledgers.

If we work together to make these changes happen, it might be possible to return to the internet I knew.

Leonard Kleinrock is distinguished professor of computer science at the UCLA Samueli School of Engineering.

Source: Posted October 29, 2019; retrieved October 29, 2019 from: https://www.latimes.com/opinion/story/2019-10-29/internet-50th-anniversary-ucla-kleinrock

————–

VIDEO – The internet is turning 50 this year, here’s how it all started – https://youtu.be/U58HO1FyQ04

CGTN America
Posted April 2, 2019 – The technology behind the very platform you’re reading these words on turns 50 years old on Oct. 29th. On this date in 1969, researchers sent the first message ever online.

CGTN’s Phil Lavelle reports on how it all started in room at UCLA back in 1969.

Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews

Subscribe to CGTN America on YouTube
Follow CGTN America:
Twitter: @cgtnamerica
Facebook: @cgtnamerica

Category: News & Politics

The founding of the internet is not unfamiliar to this movement behind the book Go Lean…Caribbean; one of the book authors benefited from the tutelage of another one of the Participating Founders of the computer science that led to today’s internet; see the obituary excerpts of Dr. Thomas Mason in the Appendix below.

The Way Forward for the Caribbean now relies heavily on Internet & Communications Technologies. We cannot get from “here to there” without a robust participation in the art and science of ICT.

This theme – doubling-down on ICT – aligns with many previous Go Lean commentaries; see a sample list here:

https://goleancaribbean.com/blog/?p=18524	One Step Closer: e-Money Solutions in One Country After Another
https://goleancaribbean.com/blog/?p=17040	Uber: An ICT product that is a ‘Better Mousetrap’
https://goleancaribbean.com/blog/?p=16364	5 Years Later – Technology: Caribbean countries fully on board
https://goleancaribbean.com/blog/?p=15875	Internet Giant “Amazon”: ‘What I want to be when I grow up’
https://goleancaribbean.com/blog/?p=15858	New Media Model – Network Mandates for a New Caribbean
https://goleancaribbean.com/blog/?p=15075	New Governing Model: e-Government 3.0
https://goleancaribbean.com/blog/?p=13466	Future Focused – Personal Development and the Internet
https://goleancaribbean.com/blog/?p=11358	Retail Apocalypse – Preparing for the e-Commerce Inevitable
https://goleancaribbean.com/blog/?p=11184	JPMorganChase spent $10 billion on ‘FinTech’ for 1 year
https://goleancaribbean.com/blog/?p=6341	Tourism Stewardship – What’s Next? Internet Sales & Administration
https://goleancaribbean.com/blog/?p=5435	New Governing Model – China Internet Policing Lessons
https://goleancaribbean.com/blog/?p=2126	Where the Jobs Are – ICT Reshaping Global Job Market

The Internet is not fully grown – it continues to mature, despite fully-developed eco-systems.

What will be the end-result for Cable Television? Electioneering? E-Learning?

We have more questions than we have answers.

There is still opportunity for Caribbean stakeholders to mold the landscape for Internet Commerce in our region; i.e. imagine what the end result will be for 3D-Printing?

We urge all stakeholders to tune-in to the next 50 years by leaning-in to this Go Lean roadmap. We are preparing the region to not just consume, but also to foster and forge internet solutions for our homeland. This is how we will make our homeland a better place to live, work and play. 🙂

Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

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

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

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.

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.

xxx. Whereas the effects of globalization can be felt in every aspect of Caribbean life, from the acquisition of food and clothing, to the ubiquity of ICT, the region cannot only consume, it is imperative that our lands also produce and add to the international community, even if doing so requires some sacrifice and subsidy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

—————

Appendix: Obituary of Dr. Thomas Mason

July 24, 2017 – It is with a heavy heart that we report the passing of a great educator and STEM influencer, Dr. Thomas W. Mason. He was the founder and legendary professor of Mathematics, Data Processing and Computer Science at Florida Agriculture & Mechanical University (FAMU).

…

Considering the proud legacy of Historical Black Colleges and University (HBCU), Dr. Mason was agnostic to all of that; he was first and foremost a computer scientist, who happened to be Black, He matriculated for his PhD at the University of Illinois (completing in 1973); there he worked on the ILLIAC project, directly on the ILLIAC IV effort:

ILLIAC (Illinois Automatic Computer) was a series of supercomputers built at a variety of locations, some at the University of Illinois at Urbana-Champaign (UIUC). In all, five computers were built in this series between 1951 and 1974. Some more modern projects also use the name.

The architecture for the first two UIUC computers was taken from a technical report from a committee at the Institute for Advanced Study (IAS) at Princeton, First Draft of a Report on the EDVAC [1945], edited by John von Neumann (but with ideas from Eckert & Mauchley and many others.) The designs in this report were not tested at Princeton until a later machine, JOHNNIAC, was completed in 1953. However, the technical report was a major influence on computing in the 1950s, and was used as a blueprint for many other computers, including two at the University of Illinois, which were both completed before Princeton finished Johnniac. The University of Illinois was the only institution to build two instances of the IAS machine. In fairness, several of the other universities, including Princeton, invented new technology (new types of memory or I/O devices) during the construction of their computers, which delayed those projects. For ILLIAC I, II, and IV, students associated with IAS at Princeton (Abraham H. Taub, Donald B. Gillies, Daniel Slotnick) played a key role in the computer design(s).^[1]

———
The ILLIAC IV was one of the first attempts to build a massively parallel computer. One of a series of research machines (the ILLIACsfrom the University of Illinois), the ILLIAC IV design featured fairly high parallelism with up to 256 processors, used to allow the machine to work on large data sets in what would later be known as vector processing. After several delays and redesigns, the computer was delivered to NASA’s Ames Research Center at Moffett Airfield in Mountain View, California in 1971. After thorough testing and four years of NASA use, ILLIAC IV was connected to the ARPANet for distributed use in November 1975, becoming the first network-available supercomputer, beating Cray’s Cray-1 by nearly 12 months. – Source: Wikipedia

Notice the reference here to ARPA and ARPANet – ARPA, the Advanced Research Projects Agency, renamed the Defense Advanced Research Projects Agency (DARPA) in 1972 – this was the forerunner to today’s Internet. He was proud of this participation and accomplishments of this endeavor – he often embedded this history in his lectures. He sought to influence the next generation of students to look, listen, learn, lend-a-hand and lead in the development of these cutting-edge technologies. (By extension, his impact extended to the Caribbean as well).

For those who listened and learned, we are forever grateful for Dr. Mason contributions and tutelage.

The publishers of the book Go Lean…Caribbean recognize the life contributions of Dr. Mason as a STEM educator, visionary and influencer. … Any hope of creating more jobs requires more STEM … students, participants, entrepreneurs and educators. The Go Lean roadmap seeks to put Caribbean people in a place of better command-and-control of the STEM field for their region. We need contributions from people with the profile like Dr. Mason; he provided a role model for inspiration … for this writer, a former protégé.

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College, e-Commerce, ICT, Model, Transform

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One Step Closer: e-Money Solutions

Posted on October 29, 2019 in Economics, Government, Implementation, Industries

Go Lean Commentary

Old: A penny saved … is a penny earned!
New: A penny saved … is a penny!

Don’t get it twisted! While the discipline of savings is a positive ethos, the end result of saving a penny is still just a penny. The goal must be to match the good ethos with some real financial resources:

A $Million saved, is a $Million earned
A $Billion saved, is a $Billion earned
A $Trillion saved, is a $Trillion earned

The assessment of the 2013 book Go Lean…Caribbean is that we need to foster the positive community ethos to save and invest – we need to be more Future Focused. At the same time, we also need to avail ourselves of the leverage of a regional Single Market economy for the 30 Caribbean member-states, rather than just one (1) little country by itself.

This commentary is advocating that the ethos that needs to be fostered is the adoption of Electronic Money schemes.

As related in a previous blog-commentary about Payment Cards…

…”there is now the opportunity to transform the industrial landscape of Caribbean communities; we can install controls so as to better manage our economy and industrial landscape. Among the many strategies and tactics discussed by this Go Lean movement, there is this one irresistible prospect of introducing electronic money (e-Money) or Payment Cards through out the region. So, instead of cash, industrial stakeholders will do most transactions … electronically.

This changes everything!

With an e-Money/Payment Cards deployment, there would be so many benefits; consider these possibilities:

Functional – Payroll and Government Benefits can be easily loaded; credit programs can also be added.

Universality – whether its e-Money or Payment Cards, all financial transactions can be executed.

Portability – e-Money can be used in Cyberspace and in the real world transactions (merchant POS, ATMs).

Security – Smartchips and PIN options can ensure against unauthorized use.

Resilience – card-to-card transactions can be conducted even with no online connection – think Block-chain.

Risk-aversion – The informal economy and Black Markets are mitigated, thereby fostering tax revenues.

Far-reaching – Benefits outside of the payment transaction; the scheme increases the money supply (M1), which increases available bank capital for community investments.

The Bahamas is now embarking on this journey …

… this is a great First Step. See the full story here:

Title: Island Pay Licensed to Provide Electronic Money Solution in The Bahamas
NASSAU (GLOBE NEWSWIRE) – Island Pay, an electronic money mobile payment service provider has been granted a license by the Central Bank of The Bahamas. The Payment Service Provider license was issued after Island Pay met the qualifications of the Regulations and Guidelines of the Central Bank’s mandatory requirements set out in the “Payment Instruments (Oversight) Regulations, 2017” that came into force on July 21^th, 2017.

Island Pay has been granted the first license under these new Regulations.

Frank Svatousek, Island Pay CEO said, “the Central Bank regulates domestic payment service providers including retail banks, credit unions and money transmission businesses, but saw the need to establish a new class of provider, the payments institution. In a recent paper titled Digital Currency – Extending the Payments System Modernisation Initiative the Central Bank recognized that the shrinking footprint of the retail banks coupled with the increased shift in payments towards electronic modes necessitated regulatory review and the creation of the Payment Service Provider.”

“Among the benefits of this new class of service provider,” Mr. Svatousek said, “is that our Bahamian customers will have cost effective and easy to use bill payment, person to person transfers, mobile top-up and merchant solutions. As a tokenized service, it is as secure as existing mobile payment services and all of our customers’ data is securely held in The Bahamas. The smartphone application, available for Android and iOS, allows users to manage the service with security and control from any island in The Bahamas.”

About Island Pay
Island Pay was founded in 2016. The company recognizes the strong business case for mobile electronic money providers seeking to re-do the way consumers interact with payments, authentication and identity, especially in underserved areas of the globe. Before Island Pay, management co-founded Carta Worldwide and Mint Technology. More information can be found on the Island Pay website.

For further Information contact:

Frank Svatousek, CEO
Island Pay
media@islandpay.com

Source: Ltd posted October 9, 2018; retrieved October 28, 2019 from: https://www.globenewswire.com/news-release/2018/10/09/1618817/0/en/Island-Pay-Licensed-to-Provide-Electronic-Money-Solution-in-The-Bahamas.html

————–

VIDEO – Introducing the Island Pay Digital Wallet – https://youtu.be/NHP7tzTEW4M

Island Pay
Posted May 27, 2019 – Island Pay is the first Payment Service Provider licensed by the Central Bank of the Bahamas. The Island Pay Digital Wallet will allow users to load and withdraw cash at Island Pay locations, transfer money between friends, pay bills and purchase mobile minutes for friends at home and abroad. Island Pay Customers will be able pay in-store and online at participating merchants.

Category: People & Blogs

This First Step – regulatory framework – is just One Step closer to the vision of a regional e-Money currency for the full Caribbean. Yes, we can …

Conceive, Believe, Achieve
We have conceived this e-Money plan, and now we see the regulatory framework being put in place. This was the intent of the Go Lean book, to serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU) and the aligning Caribbean Central Bank (CCB), the issuer of Caribbean Dollar (C$). This Go Lean/CU/CCB roadmap depicts e-Money and Payment Cards as a hallmark of technocratic efficiency, with the agility to manage this deployment. This will affect all aspects of Caribbean society – economics, security and governance.

This reality of e-Money fits in with the quest of the Go Lean roadmap, to optimize all these societal engines. Notice how that aforementioned previous Go Lean blog-commentary identified vital areas in society that would be affected:

e-Government – The CU is prescribed as the regional administrator for ICT for the Single Market of 30 states and 42-million people. While the Caribbean Central Bank (CCB) will manage the region’s M1, they will embrace the e-Government mandate, calling for card-based, electronic payment options for all federal transactions and encouraging this mode for state/municipal/private facilitations as well. This means that the Caribbean dollar (C$) will be mostly cashless, an accounting currency much like the first years of the Euro. The CCB will settle all C$ electronic transactions (MasterCard-Visa style or ACH style) and charge interchange/clearance fees. – This scheme is fully defined on Page 198.
Cruise line passengers using smart-chips – The cruise industry needs the Caribbean more than the Caribbean needs the industry. But the cruise lines have embedded rules/regulations designed to maximize their revenues at the expense of the port-side establishments. The CU solution is to deploy a scheme for smartcards (or smart-phone applications) that function on the ships and at the port cities. This scheme will also employ NFC technology – see Appendix VIDEO below; (Near Field Communications; defined fully at Page 193 – so as to glean the additional security benefits of shielding private financial data of the guest and passengers. [This scheme will incentivize more spending among cruise line passengers.]
Electronic Commerce
This holds the promise of “leveling the playing field” so that small merchants can compete against larger merchants. To facilitate e-Commerce, purchased merchandise must get to their destinations as efficiently as possible. The CU’s implementation of the Caribbean Postal Union allows for better logistics for package delivery. – Defined fully on Page 201.
Internet Marketplace / Social Media – The CU‘s web portal, www.myCaribbean.gov, will grant free access, email, IM, and profile pages for CU stakeholders, even normalizing communications thru social media sites. This will facilitate internet commerce activities in the region, as the CU will have hot data on profiles, habits and previous activities, thereby creating opportunities for measured marketing. – Defined fully on Page 198.
Government Benefits / Electronic Benefits Transfer (EBT) – This sub-system allows State welfare departments to issue benefits via magnetically encoded payment cards, used in the United States and the United Kingdom. Common benefits provided (in the United States) via EBT are typically of two general categories: food and cash benefits. – Defined fully on Page 353.
Unemployment Benefits – The CU‘s mandate for e-Delivery and e-Payment will make the unemployment benefits process more effective and more efficient. Claimants will be able to apply online or on the phone, and payments will be disbursed to debit/payment cards, as opposed to paper checks. (Payments will be in Caribbean dollars, even in Puerto Rico and the US Virgin Islands)- Defined fully on Page 89.
Remittance Solutions for Diaspora – By pursuing the e-Government / e-Payment strategy, the Caribbean Diaspora will be able to remit transfers back home by just loading values onto C$ payment cards [for free]. This simplified system will minimize transfer fees and furnish [Foreign Currency] (Fx) controls. – Defined fully on Page 154.

Having these many instances of electronic money solutions means that there must be a technocratic settlement / clearing entity. Enter the Central Bank of the Bahamas for the Bahamian offering. But for a regional deployment, Go Lean roadmap, we would need a regional Central Bank, enter the CCB.

Within its 370-pages, the Go Lean book provides details of the community ethos to adopt, plus the strategies, tactics, implementations and advocacies that are necessary to execute in order to deliver e-Money solutions to the Caribbean region. The book re-affirms the mantra that Internet & Communication Technologies (ICT) can be used as a great equalizer so that small nation-states can compete against large nation-states.

Update
Now a 2nd player – Kanoo – has entered the Bahamas Market – see samples (photos) of their Mobile App here:

————–

The points of effective, technocratic e-Money stewardship were further elaborated upon in many previous blog/commentaries. Consider this sample:

https://goleancaribbean.com/blog/?p=17515	Changing the Culture & Currency of Commerce
https://goleancaribbean.com/blog/?p=16836	Crypto-currency: Here comes ‘Trouble’
https://goleancaribbean.com/blog/?p=15923	Industrial Reboot – Payment Cards 101
https://goleancaribbean.com/blog/?p=14248	Leading with Money Matters – Almighty Dollar
https://goleancaribbean.com/blog/?p=10513	Transforming Money Countrywide – The Model of India
https://goleancaribbean.com/blog/?p=7034	The Future of Money
https://goleancaribbean.com/blog/?p=6635	New Security Chip in Credit Cards Unveiled
https://goleancaribbean.com/blog/?p=5668	Move over Mastercard/Visa, Time for Local Settlement
https://goleancaribbean.com/blog/?p=5210	Cruise Ship Commerce – Getting Ready for Change
https://goleancaribbean.com/blog/?p=4425	Cash, Credit or iPhone …
https://goleancaribbean.com/blog/?p=3889	RBC EZPay – Ready for Change
https://goleancaribbean.com/blog/?p=2074	MetroCard – Model for the Caribbean Dollar
https://goleancaribbean.com/blog/?p=1350	PayPal expands payment services to 10 markets
https://goleancaribbean.com/blog/?p=906	Bitcoin virtual currency needs regulatory framework to change image
https://goleancaribbean.com/blog/?p=528	Facebook plans to provide Fintech – Mobile payment services

One Step closer, is good progress, and is better than going in the wrong direction. An e-Money transformation will transform the economic landscape for the Caribbean region. This is good; our region needs a reboot!

In general, rebooting the region’s economics is not a new subject for this Go Lean movement; both the book and previous blog-commentaries have stressed rebooting. While every societal engine needs to be rebooted – including security and governance – all changes will stem from our economic initiatives. This was related in the opening of the Go Lean book as follows (Page 3):

The CU Trade Federation is a technocracy, empowered to reboot the economic engines of the member-states, by fostering new industries (new “purse”) across the entire region and deploying solutions to better exploit the opportunities of the global trade market.

Deploying e-Money solutions will be heavy-lifting; but it is worth all the hard work. Let’s lean-in to the Go Lean roadmap to reboot our economic-fiscal-monetary engines. Let’s build on this First Step; one country down, 29 more to go. (See the Appendix below, entitled “Island Pay Launches its first Caribbean Mobile Payment Solution in The Bahamas using Samsung technology”). This is how we can make our Caribbean homeland a better place to live, work and play. 🙂

Optimize the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establish a security apparatus to ensure public safety and protect the resultant economic engines ; where there is economic successes, “bad actors” always emerge, so there must be a solution for predictive and reactive mitigations and interdictions.
Improve Caribbean governance to support these above engines. This include a separation-of-powers between the member-states and CU federal agencies, including the independent administration of the Caribbean Central Bank.

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

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

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.

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.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

—————–

Appendix – Island Pay Launches its first Caribbean Mobile Payment Solution in The Bahamas using Samsung technology

NASSAU (GLOBE NEWSWIRE) — Island Pay, an electronic money mobile payment provider, will roll out the Contactless Companion Platform (CCP) – a digital cash service allowing consumers to load money onto cards, fobs and a range of wearable items. The new service will allow Bahamians and visitors alike to make contactless payments between themselves or with Island Pay merchants across the whole of the island archipelago. CCP is running on secure chip technology from Samsung Semiconductor, the software application platform is provided by Smartlink, a Swiss fintech specializing in mobile and alternative payment solutions.

Frank Svatousek, Island Pay CEO said, “By adding Smartlink to the Island Pay platform we bring immediate, critical benefits to our Bahamian customers including easy bill payment, mobile top-up and merchant solutions. The launch of the Island Pay cashless payment system, licensed by the Central Bank of The Bahamas, comes at a time when bricks and mortar banks are reducing their footprint allowing us to serve the under-banked as well as the un-banked.”

The Smartlink CCP solution brings contactless digital cash to everyone in all levels of society,” says Eric La Marca, CEO and founder of Smartlink. “With CCP in place, you can make contactless payments via any enabled device of your choice, whether it’s a dedicated smart card, wristband, key fob, or even your smart watch or ring. As long as it’s able to accommodate the secure chip technology from Samsung, there’s hardly any shape or size limit.”

Among the benefits of Island Pay Mr. Svatousek explained that, “It’s a tokenized service, making it as secure as existing mobile payments services. It gives parents the ability to safely transfer money to their children and ensure they can only spend it on what the parents want and with its Web-based or smartphone app interface, available for iOS and Android, it allows users to manage the service and deactivate the chip in the card, fob or wearable item if it is lost. We are thrilled to be working with Samsung and Smartlink as it brings together a powerful combination of security, control and utility for our consumers throughout The Bahamas.”

About Island Pay
Island Pay was founded in 2016. The company recognizes the strong business case for mobile electronic money providers seeking to re-do the way consumers interact with payments, authentication and identity, especially in underserved areas of the globe. Before Island Pay, management co-founded Carta Worldwide and Mint Technology. More information can be found on the Island Pay website.

About Smartlink SA
Smartlink SA, a fintech company based in Switzerland, is a pioneer in the payment industry. Smartlink offers an award-winning platform to banks and card issuers seeking a first-class mobile wallet application. Its innovation team has recently developed the disruptive Contactless Companion Platform which will be deployed worldwide, to facilitate cashless societies using Digital Cash. For more information, please visit www.smartlink.ch

For further Information contact:

Frank Svatousek, CEO
Island Pay
media@islandpay.com

Sébastien Piolat
Smartlink SA
sebastien.piolat@smartlink.ch

Source: Island Pay Ltd posted September 11, 2018; retrieved October 28, 2019 from: https://www.globenewswire.com/news-release/2018/09/11/1568977/0/en/Island-Pay-Launches-its-first-Caribbean-Mobile-Payment-Solution-in-The-Bahamas-using-Samsung-technology.html

—————–

Appendix VIDEO – Island Pay discusses Samsung NFC technology – https://youtu.be/aBcBtcHE7Hs

Category: People & Blogs

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Banks, e-Commerce, ICT, Transform. Bahamas

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‘Tipsy Bartender’ – Revisited: Still growing – Encore

Posted on June 30, 2019 in Economics, Implementation, Industries, Social

It’s been 3 years; we thought we’d check back in.

When we last visited the ‘Tipsy Bartender’ YouTube Star Skyy John, he had just surpassed the 1 Million Subscriber mark. As of June 27, 2019, his subscriber totals register at …

3,716,528

Wow! New Media charges forward!

… while in the meanwhile, Old Media retrenches:

Title: Traditional TV Still Sinking in Stream of Digital Video
Sub-Title: Nielsen Total Audience report shows 68% of homes have connected devices
By: Jon Lafayette
Traditional TV watching continues to wane, especially among younger consumers, as more homes get connected devices and streaming services. …

See full Article here: https://www.broadcastingcable.com/news/traditional-tv-still-sinking-in-stream-of-digital-video – posted March 19, 2019; retrieved June 27, 2019

Since it is 3 years to the day, now is a good time to Encore that original blog-commentary on – ‘Tipsy Bartender’ from June 30, 2016. See it here-now:

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Go Lean Commentary – YouTube Millionaire: ‘Tipsy Bartender’

“Out with the old; in with the new” …

… media that is.

The transformation to new media has taken hold. More and more people are consuming electronic media; so much so that it is becoming the mainstay for communications and entertainment.

This reference to electronic media conveys visual images; that means television, yes …

… but today, there is also the ubiquity of the internet, with its many video streaming services. The “new” in new media refers more to this medium than it does TV.

This is the change that has come to the world … and the Caribbean.

The book Go Lean … Caribbean advocates for the Caribbean region to better prepare to exploit the agents of change affecting the world. The book specifically identified technology and globalization among those agents (Page 57). It then declares that the region needs to move to the corner of preparation and opportunity.

Here – this commentary – is an example of the full manifestation of this “corner”. Identifying how – and why – networks can emerge without the need for investment into network infrastructure. The old adage is “where there’s a will, there’s a way”; but now there is only the need for the “will”, as the “way” is already in place, ubiquitous and fully accepted.

The Go Lean book relates how we are now able to have a network without the “network”. Many models abound on the world-wide-web. Previously, this commentary identified the World Wrestling Entertainment (WWE) and ESPN-W; now the focus is the platform of YouTube, and the millionaires that have emerged. The YouTube network is delivered via the internet-streaming only.

This platform allows for nimble individuals and enterprises, the “fast and the furious”, to exploit the tenets of Internet Communications Technologies (ICT). So this platform – or even a homegrown duplicate as in the www.myCaribbean.gov portal defined in the Go Lean book – demonstrates how we in the Caribbean can elevate our eco-systems of ICT, entertainment, television, and economics.

This commentary presents the profile of one member of the Caribbean Diaspora – Bahamas – who serves as a role model for his exploitation of YouTube videos: Skyy John.

DATE OF BIRTH: January 2, 1978

BIRTHPLACE: Nassau, Bahamas

AGE: 38 years old

ABOUT
Host and creator of the YouTube channel Tipsy Bartender, the number one bartending show in the world. On the show, he makes crazy, colorful drinks.

BEFORE FAME
Before moving to America, he was a bank teller by day, a Dominos pizza delivery guy by night, and a fisherman on weekends. He is also a former member of the Bahamian military (Defence Force).

TRIVIA
He has acted in co-starring roles on television series, including The New Adventures of Old Christine, Cold Case, The Shield, The Young & Restless. He has also appeared in movies: Dorm Daze 2 (2006), Street Eyes (2015) and Whitey Goes to Compton (2011).
Source: Retrieved June 29, 2016 from http://www.famousbirthdays.com/people/skyy-john.html

See a full interview from Tubefilter in the following article. Tubefilter is a curator of online videos from industry news, web series reviews, events, and an Awards Show. They published a web series on YouTube Millionaires. See the full article here:

Title: YouTube Millionaires: TipsyBartender Is “Here To Have Fun And Make Cocktails”
By: Sam Gutelle

Welcome to YouTube Millionaires, where we profile channels that have recently crossed the one million subscriber mark. There are channels crossing this threshold every week, and each has a story to tell about YouTube success. Read previous installments of YouTube Millionaires here.

Skyy John has successfully brought the party to YouTube. The 37-year-old Bahamian has found online success thanks to TipsyBartender, a channel on which he teaches viewers how to craft a variety of mixed drinks. John’s videos tend to have several elements in common: They feature colorful beverages, feature attractive women as John’s assistants, and convey a fun-loving atmosphere. This formula has proven to be a hit with the online audience. TipsyBartender, which is partnered with the Tastemade network, now has more than 1.4 million subscribers. Here’s what John had to say about that:

Tubefilter: How does it feel to have one million subscribers? What do you have to say to your fans?

Skyy John: It feels amazing, humbling and empowering when you think of that many people supporting what you do.

I would like to tell each one of them that I love you, and you’re all very special to me. To celebrate hitting one million subscribers, I set up a meet and greet at a local bar. I bought everyone drinks and shots all night because it’s the least I could do to show my appreciation.

TF: How did you get started on YouTube?

SJ: In the early days of YouTube I had an idea for a talk show – I shot a really low budget pilot of it and posted it online. The response was good, so I kept making videos where I’d go around and interview people. As a means of diversifying my content, since I was a bartender, I’d show people how to make one or two cocktails. A friend of mine, Monroe, said “Hey, why don’t you start a bartending channel?” I said, “That’s a good idea,” and TipsyBartender was born.

TF: What made you decide to include women in all your videos?

SJ: When you come to the TipsyBartender channel and you watch an episode, yes I always have an attractive female cohost, and to the new viewer who thinks they’re there for looks, it’s much deeper than that. Behind the scenes, the show has been primarily powered by women, in terms of working out the format, designing the style of thumbnails, choosing the drinks that we make – it’s all been women. Without that very important female touch, the TipsyBartender show that you see today would not exist. I’d like to give a special thanks to Marjane and Emma, the two that really helped me create what you see today. TipsyBartender will always be home to women from all over the world who don’t get a chance in any other medium.

TF: When you create your videos, how do you balance entertaining your audience with conveying your recipes?

SJ: We maintain a very delicate balance between entertainment and education. We keep our recipes simple, which allows us to focus on the entertainment more. Our goal is to learn and have fun while doing it. We are, after all, a party channel.

TF: What in your mind is the most important component of a good cocktail?

SJ: The most important component of a good cocktail is you – the person that I’m serving. You have to like what I’m giving you. The easiest way to accomplish that is to build a cocktail using some ingredients that you already enjoy. You like Kool Aid? I’ll build around that. If you like ice cream, I’ll build around ice cream. You like Gatorade? I’ll build around that. Whatever you like, I’ll use – and that mentality is what makes me a pariah in the world of mixology because most mixologists feel that they know better than you what you should be drinking. They’ll give you a cocktail with aged whiskey, organic basil, handcrafted bitters, ice from the Alps, and tell you that “Hey, this is the most perfect best greatest drink ever!” What if that person you’re serving it to doesn’t like any of that s**t? Only you know what you like. You’re drinking the drink, I’m just working with you – i’m not a mixologist. I’m here to have fun and make cocktails. Drinking is supposed to be enjoyable, not feel like a damn chemistry exam.

TF: There don’t seem to be a ton of drinks channels on YouTube. Why do you think it’s not a more common category?

SJ: Because it’s very difficult to do. Drink-making is not that exciting because it’s very difficult to present it in an interesting format. Luckily, we’ve been able to get it right and to keep people interested, and every day we strive to continue doing what we’re doing and make our audience grow.

TF: What is your favorite cocktail you’ve made on your channel?

SJ: There are too many to list. Some of the favorite drinks I made were the rainbow shots, because that was difficult to learn how to do. Definitely some of the jungle juices because they’re pretty crazy, and believe it or not it requires a lot of math and planning to make the appropriate amounts in large quantities. Some of the jello shots we’ve made for sure. My favorites would probably have to be ice cream drinks or drinks based around rum, especially coconut rum.

TF: When you’re out bartending, do you ever get recognized as “that guy from the Internet”?

SJ: All the time – but I don’t bartend in a bar anymore. I actually got fired because of TipsyBartender. I was spending so much time on the show, so much time editing that I needed to get my shifts covered. Working in L.A. you got people covering shifts all the time, so it wasn’t really a problem at first. I was called into work for a meeting and they said I hadn’t been there in a few months – I said “I’ll get back to work, don’t worry I got you,” – but I didn’t realize that they were monitoring me. They discovered that in four months following our meeting, I only worked once. So I got the call saying “Go mix drinks man, we’ll handle the bar.”

TF: What’s next for your channel? Any fun plans?

SJ: TipsyBartender morphed into a truly global brand where we have tons of fans all over the world, primarily because we focused on Facebook, where videos are very easily shared. We’re now approaching 7 million fans that are highly engaged in what we do. Our Facebook engagement is higher than that of all the biggest liquor brands around the world combined! Our next step for us is to take our cocktails and products around the world. We’re also in the developing stages of creating a Kickstarter to fund our first bar in L.A.
Source: Tube Filter Online Magazine – Posted February 5, 2015; retrieved June 28, 2016 from: http://www.tubefilter.com/2015/02/05/tipsy-bartender-skyy-john-drinks-youtube-millionaires/

—————–

Alternative Interview: http://affairstoday.co.uk/interview-tipsy-bartender/

—————–

VIDEO – How to make Rainbow Shots! – Tipsy Bartender – http://youtu.be/MoVZoCmkdjY

Published on Nov 17, 2011 – Subscribe to Tipsy Bartender: http://bit.ly/1krKA4R
The prettiest shots ever…RAINBOW SHOTS! These are the best looking rainbow shots ever!
OUR VLOG CHANNEL: http://www.youtube.com/TipsyVlogs

Is YouTube a successful business model for Skyy John? Yes indeed. See here as to the estimate of how much money he was making in 2011, long before he crossed the million-subscriber threshold; (1.4 million as of February 2015):

“How much money does Tipsy Bartender make?”
Skyy John is the Bahamian guy who runs the YouTube channel called Tipsy Bartender. He has an estimated net worth of $500,000. …

See the full article here: https://naibuzz.com/much-money-tipsy-bartender-makes-youtube/

The actuality of YouTube and the role model of Skyy John is a lesson for the Caribbean; there is heavy-lifting required to transform society. The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU), a technocratic federal government to administer and optimize the economic/security/governing engines of the region’s 30 member-states. In addition, there is the vision for the Caribbean Postal Union (CPU), the focus of which is to coordinate regional mail plus the www.myCaribbean.gov portal to offer email and social media functionality for all Caribbean stakeholders: 42 million residents, 10 million in the Diaspora and even the 80 million tourists-visitors.

The Go Lean roadmap accepts the precept that one person can make a difference in society. What’s more, that one person does not have to be a genius – in the way society measures genius – they only need to be committed and disciplined. That is the example of Skyy John, committed and disciplined in the occupation of bartending, not exactly a STEM field (Science, Technology, Engineering and Mathematics), but impactful nonetheless.

Bartending is more art than science.

This Go Lean economic empowerment roadmap strategizes to create a Single Media Market to leverage the population of the entire region, an audience of 42 million people across 30 member-states and 4 languages consuming cutting-edge ICT offerings. YouTube provides a great role model for the CU‘s executions; making the regional implementation of social media and internet streaming, www.myCaribbean.gov, economically viable. This means jobs and entrepreneurial opportunities.

At the outset, the roadmap recognizes the need for ICT development and job creation with these statements in the opening Declaration of Interdependence (Page 13 & 14):

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.

xxvi. Whereas the Caribbean region must have new jobs to empower the engines of the economy and create the income sources for prosperity, and encourage the next generation to forge their dreams right at home, the Federation must therefore foster the development of new industries… . In addition, the Federation must invigorate the enterprises related to existing industries like tourism, fisheries and lotteries – impacting the region with more jobs.

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.

xxviii. Whereas intellectual property can easily traverse national borders, the rights and privileges of intellectual property must be respected at home and abroad. The Federation must install protections to ensure that no abuse of these rights go with impunity, and to ensure that foreign authorities enforce the rights of the intellectual property registered in our region.

In the Go Lean book and previous blogs, the Go Lean movement asserted that the market organizations and community investments to garner economic benefits of ICT are within reach, with the proper technocracy. The eco-system for streaming videos is inclusive of the roadmap’s quest to make the Caribbean region a better place to live, work and play.

Now is the time for all of the Caribbean to lean-in to the following community ethos, strategies, tactics, implementations and advocacies detailed in the book Go Lean…Caribbean to deliver the solutions to elevate the Caribbean region through ICT:

Community Ethos – Deferred Gratification	Page 21
Community Ethos – Economic Principles – All Choices Involve Costs	Page 21
Community Ethos – Economic Principles – People Respond to Incentives	Page 21
Community Ethos – Economic Principles – Economic Systems Influence Choices	Page 21
Community Ethos – Economic Principles – Voluntary Trade Creates Wealth	Page 21
Community Ethos – Economic Principles – The Consequence of Choice Lie in Future	Page 21
Community Ethos – Job Multiplier	Page 22
Community Ethos – Lean Operations	Page 24
Community Ethos – Return on Investments – ROI	Page 24
Community Ethos – Cooperatives	Page 25
Community Ethos – Ways to Impact the Future	Page 26
Community Ethos – Ways to Foster Genius	Page 27
Community Ethos – Ways to Help Entrepreneurship	Page 28
Community Ethos – Promote Intellectual Property	Page 29
Community Ethos – Ways to Bridge the Digital Divide	Page 31
Community Ethos – Ways to Impact the Greater Good	Page 37
Strategy – Agents of Change – Technology	Page 57
Strategy – Agents of Change – Globalization	Page 57
Tactical – Fostering a Technocracy	Page 64
Tactical – How to Grow the Economy to $800 Billion – Trade and Globalization	Page 70
Tactical – Separation of Powers – Postal Services	Page 78
Tactical – Separation of Powers – Interstate Commerce Administration	Page 79
Implementation – Year 1 / Assemble Phase – Establish CPU	Page 96
Implementation – Ways to Pay for Change – Group Purchase Organizations (GPO)	Page 101
Implementation – Ways to Optimize Mail Service & the myCaribbean.gov Marketplace	Page 108
Implementation – Ways to Deliver	Page 109
Implementation – Ways to Impact Social Media	Page 111
Implementation – Ways to Benefit from Globalization	Page 119
Planning – 10 Big Ideas for the Caribbean – # 8 Cyber-Caribbean	Page 127
Advocacy – Ways to Grow the Economy	Page 151
Advocacy – Ways to Create Jobs	Page 152
Advocacy – Ways to Foster Technology	Page 197
Advocacy – Ways to Foster e-Commerce	Page 198
Advocacy – Ways to Impact Main Street	Page 201
Advocacy – Ways to Impact Hollywood	Page 203
Advocacy – Ways to Preserve Caribbean Heritage	Page 218

The Go Lean book asserts that the region can be a better place to live, work and play; that the economy can be grown methodically by embracing progressive strategies in ICT and video streaming. This point was further detailed in these previous blogs:

UberEverything in Africa – Model for ICT and Logistics

Zuckerberg’s Philanthropy Project Makes Investment for ICT Education

Transformations: Caribbean Postal Union – Delivering the Future

The Future of Money

How to address high consumer prices

Truth in Commerce – Learning from Yelp

Net Neutrality: It matters here … in the Caribbean

Role Model Jack Ma brings Alibaba Social Media Portal to America

Where the Jobs Are – Computers Reshaping Global Job Market

Amazon’s new FIRE Smartphone

Grenada PM Urges CARICOM on ICT

This Go Lean roadmap is committed to availing the economic opportunities of ICT but the roadmap is bigger than just videos; its a concerted effort to elevate all of Caribbean society. The CU is the vehicle for this goal, this is detailed by the following 3 prime directives:

Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establishment of a security apparatus to protect the resultant economic engines.
Improve Caribbean governance to support these engines.

This Go Lean roadmap looks for the opportunities to foster interest that may exists in specific endeavors, and then explore the business opportunities around servicing that demand. This is the example that the ‘Tipsy Bartender’ (Skyy John) provides for his Caribbean neighbors – though he now lives in Los Angeles, California. Oh, how much better to foster these passions right here at home in the Caribbean region.

This quest is conceivable, believable and achievable, but it is not easy; it is heavy-lifting. This is the quest of Go Lean/CU roadmap, to do the heavy-lifting to make the Caribbean a better place to live, work and play. 🙂

Download the book Go Lean … Caribbean – now!

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ICT, Jobs, Model, New Media

[Top]

Uber: A Better ‘Mousetrap’

Posted on March 13, 2019 in Economics, Industries, Strategy

Go Lean Commentary

There is a popular business idiom:

Build a better mousetrap and the world will beat a path to your door.

This has been proven true time and again. Think:

Digital photography better than chemical photo-finishing.
Wireless touch-tone phones better than wired handset dial phones.

Now, we are learning that car-ride-sharing solutions – like Uber or Lyft – are actually working successfully. They are faster, better and cheaper than other transportation options, like taxi’s and rental cars.

Rental cars?

This was the test/comparison in the VIDEO below. For the sake of this exercise, a news correspondent and his producer, started at the same origin to go to the same destination; one by Uber and the other via a rental car. For every category of comparison, the Uber option out-performed the rental car: faster, better, cheaper. See the VIDEO here:

VIDEO – Ride-sharing vs. car rental: Which is best for your vacation? – https://www.today.com/video/ride-sharing-vs-car-rental-which-is-best-for-your-vacation-1456378435570

Posted March 12, 2019 – March is the month when many head out on vacation to escape to warmer climates. But here’s a question of dollars and cents: Does it make more sense to rent a car on your getaway or get around via a ride-sharing app? NBC’s Kerry Sanders investigates.

This is not some exercise in futility. For the Caribbean, we must pay more than the usual attention to this experience. The city in focus for this exercise is the tourist mecca of Orlando, Florida, home to Super Theme Parks: Disney World and Universal Studios. This exercise therefore relates to any tourist destination. This means us in the Caribbean, where tourism is our primary industry. The oft-reliable jobs of taxi drivers may soon be less reliable.

But, it might be argued that local governments can simply ban ride-sharing companies like Uber, Lyft, etc..

Alas, the “genie is out-of-the-bottle”; ICT or Internet Communications Technologies (and smartphones) make messaging and electronic commerce seamless and effortless. This is likened to holding back the tides. Resistance is futile!

The Change Agent cometh!

The book Go Lean … Caribbean identified the following 4 primary Change Agents that are devastating the Caribbean region:

The book asserts that no one Caribbean member-state can tackle any of these challenges alone; there is an urgent need – a Clear and Present Danger – to convene, collaborate, consolidate and confederate the response to these modern challenges – we need the economies-of-scale. This theme aligns with many previous Go Lean blog-commentaries; see a sample list here:

https://goleancaribbean.com/blog/?p=14191	Scheduling in the ‘Gig Economy’
https://goleancaribbean.com/blog/?p=8262	UberEverything in Africa
https://goleancaribbean.com/blog/?p=1364	Uber Demonstrations Snarl Traffic from London to Berlin
https://goleancaribbean.com/blog/?p=2571	More Business Travelers Flocking to Shared Economy and AirBnB
https://goleancaribbean.com/blog/?p=2126	Where the Jobs Are – Computers Reshaping Global Job Market
https://goleancaribbean.com/blog/?p=486	Temasek firm backs Southeast Asia cab booking app

Uber is NOT in many Caribbean member-states … yet.

“A rose by any other name would be just as sweet”.

What prevents any other company, innovator and/or entrepreneur from doing ride-sharing in the mode of Uber? Nothing! It is imminent, whether regulated or not.

Just watch!!!

Wait, instead of watching change derail our economic engines, the movement behind the Go Lean book asserts that “we” need to make change happen to enhance our economic engines. Lives and livelihoods are at stake.

Be the change we want to see in the world.

Taxi cabs and rental cars will be affected in the Shared/Gig Economy.

Don’t wait until it rains to obtain an umbrella.

The Caribbean region has been devastated from “the rain”, external factors: global economic recession, globalization and rapid technology changes. Have no fear, the Go Lean roadmap posits that this “crisis would be a terrible thing to waste“.

We can get ahead of these changes; we can innovate our economy and create new job and entrepreneurial opportunities. Being proactive and reactive to real changes in the real world will help to make our homeland a better place to live, work and play. We urged every Caribbean stakeholder to lean-in to this Go Lean roadmap. 🙂

Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

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

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

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.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

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e-Commerce, ICT, Model, Tourism

[Top]

5 Years Later – Technology: Caribbean countries fully on board

Posted on December 20, 2018 in Ethos, Industries, Strategy

Go Lean Commentary

You will be assimilated! Strength is irrelevant. Resistance is futile. …
We will add your biological and technological distinctiveness to our own.– Movie Quote: Star Trek – The Next Generation (TV Series).

Change happens … ready or not here it comes. Agents of Change will overrun you and transform you into its mold.

In a previous Go Lean commentary from May 12, 2018, this commentary confessed this actuality:

Today, it is clear that mainstream society has been assimilated by the counter-culture revolution with previously debated New Morals. Some people even claim that this New Morality is the same Old Immorality. For instance, consider recreational drugs, marijuana in particular; counter-culturists have always “pushed” for the freedom of marijuana use; … Despite all the efforts to outlaw it, authority figures are now starting to just accept, tolerate and legitimize its usage.

Technology has also pounced on the modern world, the Caribbean included; what started as a counter-culture revolution – nerds, geeks and techies – has become mainstream and normal. People today are walking around with a computer in their pockets (smart-phones) that far exceeds Big Mainframe systems (Big Iron) from 30 years ago; think 1 terabyte of memory-storage; 3.5 GigaHertz processor chips; global communication networks with interconnected devices around the world.

This change is not all bad! The whole world – the people, media and information – is now accessible at our finger tips!

There are only a few small groupings of people even attempting to “live off the grid”. Everyone else has fully embraced the grid and is living their life in kind – waiting for the next technological advances – they have been assimilated.

There used to be a Caribbean exception, Cuba! Due to the 1959 Revolution, Cuba had previously rejected Western technology advances; choosing to freeze their technological consumption at 1959.

But based of the summary of this news article, that actuality is no more:

Title: Communist-run Cuba starts rolling out internet on mobile phones
By: Sarah Marsh

HAVANA (Reuters) – Communist-run Cuba has started providing internet on the mobile phones of select users as it aims to roll out the service nationwide by year-end, in a further step toward opening one of the Western Hemisphere’s least connected countries.

Journalists at state-run news outlets were among the first this year to get mobile internet, provided by Cuba’s telecoms monopoly, as part of a wider campaign for greater internet access that new President Miguel Diaz-Canel has said should boost the economy and help Cubans defend their revolution.

Analysts said broader web access will also ultimately weaken the government’s control of what information reaches people in the one-party island state that has a monopoly on the media. Cuba frowns on public dissent and blocks access to dissident websites.

“It’s been a radical change,” said Yuris Norido, 39, who reports for several state-run news websites and the television. “I can now update on the news from wherever I am, including where the news is taking place.”

Certain customers, including companies and embassies, have also been able to buy mobile data plans since December, according to the website of Cuban telecoms monopoly ETECSA, which has not broadly publicized the move.

ETECSA has said it will expand mobile internet to all its 5 million mobile phone customers, nearly half of Cuba’s population, by the end of this year. ETECSA did not reply to a request for more details for this story.

Whether because of a lack of cash, a long-running U.S. trade embargo or concerns about the flow of information, Cuba has lagged behind in web access. Until 2013, internet was largely only available to the public at tourist hotels in Cuba.

But the government has since then made increasing connectivity a priority, introducing cybercafes and outdoor Wi-Fi hotspots and slowly starting to hook up homes to the web.

Long before he took office from Raul Castro in April, 58-year-old Diaz-Canel championed the cause.

“We need to be able to put the content of the revolution online,” he told parliament last July as vice president, adding that Cubans could thus “counter the avalanche of pseudo-cultural, banal and vulgar content.”

Cuba could use subsidies to encourage the use of government-sponsored applications, analysts said. Last month, ETECSA launched a free Cuba-only messaging application, Todus, while Cuba’s own intranet with a handful of government-approved sites and email is much cheaper to access than the wider internet.

In a 2015 document about its internet strategy that leaked, the Cuban government said it aimed to connect at least half of homes by 2020 and 60 percent of phones.

But many Cubans are skeptical. ETECSA President Mayra Arevich told state-run media in December it had connected just 11,000 homes last year.

“I’ve been many times to the ETECSA shop to ask if they can give us home access,” said Yuneisy Galindo, 28, at a Wi-Fi hotspot on one of Havana’s thoroughfares. “But they tell us they still aren’t ready and will call us.”

Most mobile phone owners have smartphones, although Cuba is only now installing 3G technology, even as most of Latin America has moved onto 4G, with 5G in its final testing phase.

“This rollout will expand slowly at first and then more quickly, if the government is increasingly confident that it can control any political fallout,” said Cuba expert Ted Henken at Baruch College in the United States.

The price could prove the biggest restriction for many, though. Hotspots currently charge $1 an hour, compared with an average state monthly wage of $30.

It was not clear what most Cubans will pay for mobile internet, but ETECSA is charging companies and embassies $45 a month for four gigabytes.

—

Additional reporting by Nelson Acosta, Editing by Rosalba O’Brien

Source: Reuters News Service – Posted July 16, 2018; retrieved December 20, 2018 from: https://www.reuters.com/article/us-cuba-internet/communist-run-cuba-starts-rolling-out-internet-on-mobile-phones-idUSKBN1K62U7

The conclusion from this commentary is that the Caribbean member-states are now all ready to embrace this Technology Agent of Change confronting our world. The 2013 book Go Lean…Caribbean – available to download for free – prepared the region for this eventuality. The book serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. The book identified these 4 Agents of Change – Globalization, Climate Change, Technology and the Aging Diaspora – and declared that we were failing to compete because of our inability to adopt and thrive in this changed environment.

Adopt, compete and thrive …

While it has been 5 years since the publication of the Go Lean book, the pronouncements are more important now than before. It was asserted that the entire Caribbean region – all 30 member-states, Cuba included – must unite in order to adopt, compete and thrive in this new technological world. In the book’s opening, and early motivation, there was this Declaration of Interdependence that, among other things, proclaimed (Page 14) the following:

xxx. Whereas the effects of globalization can be felt in every aspect of Caribbean life, from the acquisition of food and clothing, to the ubiquity of ICT, the region cannot only consume, it is imperative that our lands also produce and add to the international community, even if doing so requires some sacrifice and subsidy.

The Go Lean book declares that our lives and livelihoods are at stake. Our societal engines – jobs, education, healthcare, governance, etc. – all depend on how well we adopt, compete and thrive with today’s technology. So the Go Lean/CU roadmap presents these 3 prime directives:

Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Community ethos; what is community ethos? The book defines it as “the fundamental character or spirit of a culture; the underlying sentiment that informs the beliefs, customs, or practices of a group or society”.

The Go Lean book presents new community ethos that must be adopted in order to compete and thrive with the world with regards to technology:

Lean Operations
Return on Investments
A quest to respect and Promote Intellectual Property
A quest to Impact Research & Development
A quest to Bridge the Digital Divide

In addition to the ethos, one notable advocacy that is presented, on Page 197, is entitled: 10 Ways to Foster Technology. Notice the summaries, plans, excerpts and headlines from the book here:

1	Lean-in for the Treaty for a Caribbean Single Market This treaty allows for the unification of the region into one market of 42 million people, across 30 member-states and an economic impact for a GDP of over $800 Billion (circa 2010). The CU will lead the industry efforts to create economies-of-scale to deploy technological investments, (such as Libraries and other Community Technology Centers), and generate justifiable benefits. The CU governance also provides the intellectual property protections such as patents and copyrights, and ensures their enforcement both locally and abroad. The technology initiatives are designed to include everyone in the region: the technically-savvy and the technically-ignorant. In addition to the CU providing community education services like the CTC’s, the CU incentivizes Not-For-Profit agencies, NGOs and Foundations to help the community efforts.
2	e-Learning Facilities and Industries
3	STEM Charter Schools and STEM Teacher Recognitions
4	e-Government Services The CU Trade Federation will provide government services. Where ever possible, these services will be delivered with the embrace of Internet and Communications Technologies (ICT). Therefore, Caribbean citizens can request and interact with CU government services via web & phone portals (contact centers), and when personal visits are mandated, service level agreements (SLA) will be implemented to set expectations for quality and timely response.
5	Public Access Wi-Fi Regional ISP’s will be regulated at the federal level, and encourage to provided free Wi-Fi to the public. Successful business models can be facilitated thru ads-supported browsers and videos.
6	Incubators, Venture Capitalists Funds and IPO’s
7	Tax Credits for Technological Investments
8	Technology Expositions
9	Centers of Excellence
10	Whistleblower Protections

The Go Lean book was written 5 years ago as a 5 Year Plan to reform and transform the Caribbean region. Had the plan been adopted by the regional stakeholders then, the Agents of Change would have been better addressed all the while. But instead, this plan, or roadmap, to introduce and implement the Caribbean Union Trade Federation is still reeling; still not even started.

The embrace of technology must not be optional. This technology factor is analogous to a vessel/ship that can take “us” to a better destination.

Adopting, thriving and competing with technology advances is the answer for reforming and transforming the Caribbean. In these 5 short years since the publication of the Go Lean book, technology has escalated the region further and now all the member-states are fully “on board” this vessel for change, empowerment and improvement.

While the other Agents of Change are equally import, this Technology cause is perhaps the one Agent of Change that we have made the most progress with. This disposition is presented in the other commentaries in this series, cataloged here:

5 Years Later: New Post Office Eco-system – Globalization issues ‘loud and clear’ now.
5 Years Later: Climate Change – Coming so fast, so furious.
5 Years Later: Technology – Caribbean fully on board.
5 Years Later: Aging Diaspora – Finding Home … anywhere.

At least now we have a more receptive environment for the embrace of the Go Lean roadmap in Cuba, than we did 5 years ago. Back then, Fidel Castro, though retired as President, still ruled as the Chairman of the Communist Party; his brother Raul ruled as President. Today, Fidel is dead; and Raul is retired – though now the Chairman of the Party. Cuba is now ready for change. The foregoing news article has conveyed that Cuba is ready for mobile Internet and Communications Technologies.

This is the start that we need. This allow us the opportunity to adopt, compete and thrive. Let’s lean-in to the Go Lean/CU roadmap now. We have more to do; more to accomplish; more people to impact; more jobs to create; and more lives to improve.

At 5 years in, though its a late start, it is still not too late to succeed in making our homeland a better place to live, work and play. 🙂

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

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

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Retail Apocalypse and Sears – Another One Bites the Dust – ENCORE

Posted on October 16, 2018 in Economics, Industries, Strategy

Another one bites the dust …

Sears has filed for Bankruptcy protection. This may be more than just reorganization; this might be complete dissolution.

See the VIDEO and excerpt of the news article here:

VIDEO – Sears files for Chapter 11 bankruptcy protection – https://www.usatoday.com/videos/news/nation/2018/10/15/sears-files-chapter-11-bankruptcy-protection/38160609/

—————–

Title: Sears files for Chapter 11 bankruptcy protection, to close 142 more stores
By: Charisse Jones and Nathan Bomey, USA TODAY

October 15, 2018 – Sears Holdings, whose presence permeated American life for generations, filed for Chapter 11 bankruptcy protection early Monday in a last-ditch attempt to avoid entombment in the graveyard of once-great retailers that failed to adapt to the digital age.

For Sears — which was the largest retailer in the nation before the rise of Walmart and, later, Amazon — bankruptcy marks the culmination of years of decline defined by store closures, sales declines, cost cuts and borrowing.

The company, which also owns discount retailer Kmart, has fallen into disrepair amid a perilous retail landscape in which customers increasingly shop online or seek out more-appealing alternatives.

For Kmart, known for its one-time “blue-light specials,” catchy jingles, and collections created by celebrities, the case marks a second brush with death. Kmart merged with Sears in 2005 after surviving bankruptcy once before.

Sears Holdings will close another 142 stores by about the end of the year, on top of a recently announced round of 46 store closures, as part of the bankruptcy. The company has 687 stores and about 68,000 employees.

See the remaining news story here (retrieved from this source on October 16, 2018):https://www.usatoday.com/story/money/2018/10/15/sears-bankruptcy/1595399002/?csp=chromepush

This was predicted. This is the dreaded, feared Retail Apocalypse. Truth be told, this is relevant for the Caribbean as well. This assertion was made in a prior commentary on April 18, 2017. See an Encore of that submission here-now:

=====================

Go Lean Commentary – Retail Apocalypse – Preparing for the Inevitable

Remember the dream … of 7 Fat Cows and 7 Skinny Cows?

The articulation of the dream was that the 7 Fat Cows represented 7 prosperous years while the 7 Skinny Cows represented 7 years of famine with poverty and distress. – The Bible; Genesis Chapter 41.

In that Bible drama of Joseph in ancient Egypt, those circumstances were more than just in a dream; it was a prophecy of prosperity and famine. It came true!

Joseph was able to use the foresight to prepare that kingdom for adversity, after first exploiting the opportunities.

Here it comes again.

There is feast and famine “in the cards” as related to the retail eco-system. On one end of the spectrum , there will be prosperity for electronic commerce stakeholders, but on the other end, for brick-and-mortar establishments, there will be a Retail Apocalypse.

Will be? Actually, the threat has already manifested!

This is the assertion in this news article by the financial-economic magazine Business Insider:

Title: The retail apocalypse has officially descended on America
By: Hayley Peterson

Thousands of mall-based stores are shutting down in what’s fast becoming one of the biggest waves of retail closures in decades.

More than 3,500 stores are expected to close in the next couple of months.

Department stores like JCPenney, Macy’s, Sears, and Kmart are among the companies shutting down stores, along with middle-of-the-mall chains like Crocs, BCBG, Abercrombie & Fitch, and Guess.

Some retailers are exiting the brick-and-mortar business altogether and trying to shift to an all-online model.

For example, Bebe is closing all its stores — about 170 — to focus on increasing its online sales, according to a Bloomberg report.

Some are going out of business altogether, like The Limited which recently shut down all 250 of its stores.

Others, such as Sears and JCPenney, are aggressively paring down their store counts to unload unprofitable locations and try to stanch losses.

Sears is shutting down about 10% of its Sears and Kmart locations, or 150 stores, and JCPenney is shutting down about 14% of its locations, or 138 stores.

According to many analysts, the retail apocalypse has been a long time coming in the US, where stores per capita far outnumber that of any other country.

The US has 23.5 square feet of retail space per person, compared with 16.4 square feet in Canada and 11.1 square feet in Australia, the next two countries with the most retail space per capita, according to a Morningstar Credit Ratings report from October.

Visits to shopping malls have been declining for years with the rise of e-commerce and titanic shifts in how shoppers spend their money. Visits declined by 50% between 2010 and 2013, according to the real-estate research firm Cushman & Wakefield.

And people are now devoting bigger shares of their wallets to restaurants, travel, and technology than ever before, while spending less on apparel and accessories.

As stores close, many shopping malls will be forced to shut down as well.

When an anchor store like Sears or Macy’s closes, it often triggers a downward spiral in performance for shopping malls.

Not only do the malls lose the income and shopper traffic from that store’s business, but the closure often triggers “co-tenancy clauses” that allow the other mall tenants to terminate their leases or renegotiate the terms, typically with a period of lower rents, until another retailer moves into the anchor space.

To reduce losses, malls must quickly find a replacement tenant for the massive retail space that the anchor store occupied, which is difficult — especially in malls that are already financially strapped — when major department stores are reducing their retail footprints.

That can have grave consequences for shopping malls, especially in markets where it’s harder to transform vacant mall space into non-retail space like apartments, according to analysts.

The nation’s worst-performing malls — those classified in the industry as C- and D-rated — will be hit the hardest by the store closures.

The real-estate research firm Green Street Advisors estimates that about 30% of all malls fall under those classifications. That means that nearly a third of shopping malls are at risk of dying off as a result of store closures.
Source: Business Insider e-Zine. Posted 03/21/2017; retrieved 04/17/2017 from: http://www.businessinsider.com/the-retail-apocalypse-has-officially-descended-on-america-2017-3

Related:

1. Monday Market Mayhem – The Retail Apocalypse – Look out Wall Street

2. Dollar General is defying the retail apocalypse and opening 1,000 stores

See the related AUDIO Podcast below here:

———–

AUDIO Podcast – Wal-Mart battles Amazon with discounts for online ordering and store pickup – https://www.marketplace.org/2017/04/14/business/its-battle-amazon-walmart-offers-discounts-ordering-online-and-picking-store

Published April 14, 2017 – Big Box giant Wal-Mart battling e-Commerce giant Amazon for New Economy fulfillment.

As noted in the foregoing, the Retail Apocalypse is affecting the news in the United States. It’s only the news today, tomorrow will be jobs, the next day the finance apparatus holding the debt (mortgages and security instruments on Wall Street) for the many shopping malls and then soon, the rest of the economy will be impacted.

This is so familiar. Remember the housing-real estate bubble in 2003 to 2010. This previous blog-commentary identified the following 5 steps of a bubble:

1.   Displacement

2.   Boom

3.   Euphoria

4.   Profit Taking

5.   Panic

Here we go again! Sounds like a crisis is imminent.

The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU) and Caribbean Central Bank (CCB); it declares that a crisis is a terrible thing to waste – quoting famed American Economist Paul Romer. Though the impending crisis is slated for the US, the actuality of economic contagions mean that the Caribbean member-states will be affected as well.

Where do the tourists come from that drive the Caribbean region’s primary economic driver?

The question is rhetorical; the answer is obvious!

The Go Lean book seeks to prepare the Caribbean region for the change dynamics impacting the world. The “Agents of Change” at play in the foregoing news source are as follows:

Technology
Globalization

The underlying issue with the Retail Apocalypse is not the demand for retail products, it is the supply. Consumers are still demanding and consuming fashion and commodities, just not at shopping malls; e-Commerce is “all the rage”.

Consider the experience of this commentator:

I went to buy 3 pairs of slacks.

I was only able to find one – with the brand, make, size and color – at a Big Box retail store. So then I went home and matched the brand, model, size with the e-Commerce merchant Amazon.com and acquired the same pants in 2 divergent colors that the Big Box retailer did not have in inventory. 3 days later, the whole shopping expedition was over; I acquired 3 pairs of slacks, primarily from the online merchant and delivered by the shipping company United Parcel Service (UPS).

The quest of the Go Lean/CU roadmap is to elevate the Caribbean’s societal engines – not the US – starting first with economics (jobs, commercial developments and entrepreneurial opportunities). In fact, the following 3 statements are identified as the prime directives of the CU:

Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establishment of a security apparatus to protect the resultant economic engines.
Improve Caribbean governance – as e-Commerce alters sales & border taxes – to support these engines.

The changes taking place in the US with the Retail Apocalypse will eventually traverse the Caribbean member-states as well. This is the parallel with the opening Bible Drama. A crisis is coming and we have the opportunity to exploit the prosperous years and prepare for the famine. The Caribbean region – all 30 member-states – needs to better exploit e-Commerce. There are so missing ingredients, fully detailed in the Go Lean book; see this sample advocacy on Page 198:

10 Ways to Foster e-Commerce

1	Leverage the full population – 42 million people in all 30 member-states to deploy the CU and the CCB.
2	Regional Currency (Caribbean Dollar or C$)
3	Card Culture The CU will seek to foster the eco-system for e-payments beyond government activity. To assimilate this change, a card culture, on Main Street, will entail utilizing debit/credit cards, benefits pay cards, and even smart cards on cruise ships. The CU will collectively bargain with the cruise lines to deploy C$ electronic “purses” to facilitate port-side and onboard retail commerce. All of these changes will garner a better monetary multiplier on the CU economy, by expanding M1.
4	CU Social Media The CU web portal www.myCaribbean.gov will grant free access, email, IM, and profile pages for CU stakeholders, even normalizing communications thru social media sites. This will facilitate internet commerce activities in the region, as the CU will have hot data on profiles, habits and previous activities, thereby creating opportunities for measured marketing.
5	A Market for the Downloads of Intellectual Properties
6	Remittance Methods (Card & Email)
7	Mobile Apps – *Hi-Density Wi-Fi*
8	Regional Postal Services – CPU The CU will assume the responsibility for mail services in the region; (all member-state postal employees will become federal civil servants). The embrace of the Caribbean Postal Union allows for parcel mail to be optimally shipped and delivered throughout the region, with Customs considerations in place. The CPU will therefore ensure the fulfillment side of e-commerce, even allowing for computer applications for printing electronic stamps/barcodes for value savings.
9	Turnpike Logistics
10	Customs and Import Optimizations

The missing ingredients for this new marketplace – electronic commerce – are not just banking-related, the full eco-system must be enabled: electronic (technology), commerce (trade) and fulfillment (logistics). The implementation of these provisions will constitute a New Day for the region. Overall, the Go Lean book stresses the community ethos, strategies, tactics, implementations and advocacies to reboot, reform and transform the economic engines of Caribbean society, so as to benefit from changes coming due to the Retail Apocalypse, this New Day.

Though not directly mentioned in the Go Lean book, this Retail Apocalypse is planned for in the roadmap. A comprehensive view of the technocratic stewardship for the region’s economic engines, including the banking eco-system, is presented early in the book with these opening pronouncements in the Declaration of Interdependence (Page 13 and 14):

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.

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.

The points of effective, technocratic banking and retail stewardship were further elaborated upon in previous blog/commentaries. Consider this sample:

https://goleancaribbean.com/blog/?p=11184	Big Bank investing $Billion on ‘Fintech’ for e-Commerce positioning
https://goleancaribbean.com/blog/?p=8823	Lessons from China – WeChat: Model for Caribbean Social Media
https://goleancaribbean.com/blog/?p=8704	Lesson from MetroCard
https://goleancaribbean.com/blog/?p=7991	Transformations: Caribbean Postal Union – Delivering the Future
https://goleancaribbean.com/blog/?p=7034	The Future of Money
https://goleancaribbean.com/blog/?p=6635	New Security Chip in Credit Cards Unveiled
https://goleancaribbean.com/blog/?p=5668	Move over Mastercard/Visa – Time for Local Banking Cards
https://goleancaribbean.com/blog/?p=4425	Cash, Credit or iPhone …
https://goleancaribbean.com/blog/?p=3889	Royal Bank of Canada’s EZPay – Ready for Change
https://goleancaribbean.com/blog/?p=3881	The Need for Regional Cooperation for Cyber-Security & e-Security
https://goleancaribbean.com/blog/?p=3858	Model of Central Banking Technocracy: ECB 1 trillion Euro stimulus
https://goleancaribbean.com/blog/?p=2488	Model of an E-Commerce Fulfillment Company: Alibaba
https://goleancaribbean.com/blog/?p=1416	Model of an E-Commerce Fulfillment Company: Amazon
https://goleancaribbean.com/blog/?p=1350	PayPal’s model to pay for e-Commerce
https://goleancaribbean.com/blog/?p=906	Bitcoin model to pay for e-Commerce
https://goleancaribbean.com/blog/?p=528	Facebook to pay for e-Commerce

Warning to all retail stakeholders – buyers, sellers and governments: Change is coming!

This is a familiar stance – preparing for the inevitable – for the Go Lean movement; there have been previous warnings of disruptive changes; see this sample here:

https://goleancaribbean.com/blog/?p=7847	To the Personal Computer industry: Cloud Computing, Smartphones and Tablets are making actual laptop and desktop computers inconsequential.
https://goleancaribbean.com/blog/?p=6151	To the regional government’s Revenue Officials: 3-D Printing is coming and will change fabrication to local rather than import. This will disrupt border taxes revenue expectations.
https://goleancaribbean.com/blog/?p=6016	To the Infrastructure Planners: Climate Change is making Caribbean summers hot-hot-hot and northern winters milder; there must be cooperative refrigeration to provide relief, otherwise people will leave for northern destinations.
https://goleancaribbean.com/blog/?p=5784	To Jamaica’s Public Safety Officials: Human Rights protections must be extended to people who identify as LGBT. Whether you agree or not, the international community will force you to respect their rights for life, liberty and the pursuit of happiness.
https://goleancaribbean.com/blog/?p=5210	To the Cruise Line industry: The Caribbean region’s collective bargaining will extract greater benefits and protections for port city commerce.
https://goleancaribbean.com/blog/?p=5155	To the Caribbean Power Grip: Home-based batteries will allow for successful deployments of solar/wind power generation and require less power from the grid.
https://goleancaribbean.com/blog/?p=4767	To the regional government’s Revenue Officials: Under the WTO regime, customs duties must eventually be eliminated; same too with conditional property taxes. VAT or Sales Taxes are OK.

As for the Retail Apocalypse, now is the time for all stakeholders of Caribbean banking, retail and governments to lean-in for the empowerments for e-Commerce described here-in and in the book Go Lean … Caribbean. This is where the marketplace is going, not just tomorrow, but already here today. We can do this; we can elevate our communities and our retail eco-systems. We can be a better place to live, work and play. 🙂

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

Sign the petition to lean-in for the roadmap for the Caribbean Union Trade Federation.

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Amazon, CPU, Disaster, e-Commerce, ICT

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Industrial Reboot – Payment Cards 101

Posted on October 11, 2018 in Economics, Government, Implementation, Strategy

Go Lean Commentary

The purpose of any business is to earn a profit.

Profit is good!

We may be more familiar with a parallel version of this expression, as related in a previous blog-commentary:

… greed is good! In this case “greed” is not being defined as excess, but rather the natural desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one’s self. The dreaded excess of “greed”, on the other hand, is a “vice” that must be cautiously monitored and curtailed, i.e. Crony-Capitalism.

When there is an opportunity for profit, people, companies and industries step-in and step-up for the chances to earn. This is the basis for capitalism and other market-based economies. So the profit motive is attached to any industrial landscape. Whenever economic engines become strained and stressed – devoid of profit – the industrial landscape should be revisited and rebooted.

This is the assessment of the Caribbean – our economic engines are in crisis – and this is the intent of the movement behind the book Go Lean…Caribbean – a crisis is a terrible thing to waste . This is why the book opens with a relevant pronouncement in the Declaration of Interdependence (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.

There is now the opportunity to transform the industrial landscape of Caribbean communities; we can install controls so as to better manage our economy and industrial landscape. Among the many strategies and tactics discussed by this Go Lean movement, there is this one irresistible prospect of introducing electronic money (e-Money) or Payment Cards through out the region.

So, instead of cash, industrial stakeholders will do most transactions … electronically. This changes everything!

With an e-Money/Payment Cards deployment, there would be so many benefits; consider these possibilities:

Functional – Payroll and Government Benefits can be easily loaded; credit programs can also be added.
Universality – whether its e-Money or Payment Cards, all financial transactions can be executed
Portability – e-Money can be used in Cyberspace and in the real world transactions (merchant POS, ATMs)
Security – Smartchips and PIN options can ensure against unauthorized use.
Resilience – card-to-card transactions can be conducted even with no online connection – think Block-chain.
Risk-aversion – The informal economy and Black Markets are mitigated, thereby fostering tax revenues.
Far-reaching – Benefits outside of the payment transaction; the scheme increases the money supply (M1), which increases available bank capital for community investments.

This is Payment Cards 101. See the exploratory VIDEO in the Appendix below.

The actuality of a country’s universal acceptance of e-Money/Payment Cards is not just academic, it is already in play … in model countries – think India. They, this emerging economy of 1.2 billion people, have rolled out numerous e-Money products for their “rupee” currency. They have learned-lessons – good, bad and ugly – for us to apply in our implementation. This summary was detailed in a previous Go Lean commentary; consider this excerpt:

Excerpt: What the U.S. can learn from India’s move toward a cashless society

Silicon Valley fancies itself the global leader in innovation. Its leaders hype technologies such as bitcoin and blockchain, which some claim are the greatest inventions since the Internet. They are so complex that only a few mathematicians can understand them, and they require massive computing resources to operate — yet billions of dollars are invested in them.

India may have leapfrogged the U.S. technology industry with simple and practical innovations and massive grunt work. It has built a digital infrastructure that will soon process billions more transactions than bitcoin ever has. With this, India will skip two generations of financial technologies and build something as monumental as China’s Great Wall and America’s interstate highways.
…
In 2009, the government launched a massive project, called Aadhar, to solve this problem by providing a digital identity to everyone based on an individual’s fingerprints and retina scans. As of 2016, the program had issued 12-digit identification numbers to 1.1 billion people. This was the largest and most successful I.T. project in the world and created the foundation for a digital economy.
…
And then India launched its Unified Payment Interface (UPI), a way for banks to transfer money directly to one another based on a single identifier, such as the Aadhar number.
…
With a system such as UPI, the billing processor is eliminated, and transaction costs are close to zero. …

Nobel Prize-winning economist Joseph Stiglitz said at the World Economic Forum meeting in Davos, Switzerland, that the United States should follow Modi’s lead in phasing out currency and moving toward a digital economy, because it would have “benefits that outweigh the cost.” …

Where as India’s e-Money deployment is for their rupee currency, the Caribbean’s plan is to introduce a regional integrated currency branded the Caribbean Dollar (C$). This was the stated intent of the book Go Lean … Caribbean, to serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU) and the aligning Caribbean Central Bank (CCB), the issuer of C$. This Go Lean/CU/CCB roadmap depicts e-Money and Payment Cards as a hallmark of technocratic efficiency, with the agility to manage this deployment. This will affect all aspects of Caribbean society – economics, security and governance. As a currency product, surely it affects the economic engines, but with the ubiquity of a government Payment Card system – the government is the largest employer – the universality of this reboot will have immediate impacted.

This reality fits in with the quest of the Go Lean roadmap, to optimize all societal engines, as stated with these 3 prime directives:

Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establishment of a security apparatus to ensure public safety and protect the resultant economic engines ; where there is economic successes, “bad actors” always emerge, so there must be a solution for predictive and reactive mitigations and interdictions.
Improvement of Caribbean governance to support these above engines. This include a separation-of-powers between the member-states and CU federal agencies, including the independent administration of the Caribbean Central Bank.

The Go Lean/CU/CCB roadmap anticipated e-Money and Payment Card schemes. The book detailed strategies as follows:

e-Government – The CU is prescribed as the regional administrator for ICT for the Single Market of 30 states and 42-million people. While the Caribbean Central Bank (CCB) will manage the region’s M1, they will embrace the e-Government mandate, calling for card-based, electronic payment options for all federal transactions and encouraging this mode for state/municipal/private facilitations as well. This means that the Caribbean dollar (C$) will be mostly cashless, an accounting currency much like the first years of the Euro. The CCB will settle all C$ electronic transactions (MasterCard-Visa style or ACH style) and charge interchange/clearance fees. – This scheme is fully defined on Page 198.
Cruise line passengers using smart-chips – the cruise industry needs the Caribbean more than the Caribbean needs the industry. But the cruise lines have embedded rules/regulations designed to maximize their revenues at the expense of the port-side establishments. The CU solution is to deploy a scheme for smartcards (or smart-phone applications) that function on the ships and at the port cities. This scheme will also employ NFC technology – (Near Field Communications; defined fully at Page 193 – so as to glean the additional security benefits of shielding private financial data of the guest and passengers. [This scheme will incentivize more spending among cruise line passengers.] – Defined fully on Page 193.
Electronic Commerce – This holds the promise of “leveling the playing field” so that small merchants can compete against larger merchants. To facilitate e-Commerce, purchased merchandise must get to their destinations as efficiently as possible. The CU’s implementation of the Caribbean Postal Union allows for better logistics for package delivery. – Defined fully on Page 201.
Internet Marketplace / Social Media – The CU‘s web portal, www.myCaribbean.gov, will grant free access, email, IM, and profile pages for CU stakeholders, even normalizing communications thru social media sites. This will facilitate internet commerce activities in the region, as the CU will have hot data on profiles, habits and previous activities, thereby creating opportunities for measured marketing. – Defined fully on Page 198.
Government Benefits / Electronic Benefits Transfer (EBT) – allows State welfare departments to issue benefits via magnetically encoded payment card, used in the United States and the United Kingdom. Common benefits provided (in the United States) via EBT are typically of two general categories: food and cash benefits. – Defined fully on Page 353.
Unemployment Benefits – The CU‘s mandate for e-Delivery and e-Payment will make the unemployment benefits process more effective and more efficient. Claimants will be able to apply online or on the phone, and payments will be disbursed to debit/payment cards, as opposed to paper checks. (Payments will be in Caribbean dollars, even in Puerto Rico and the US Virgin Islands). – Defined fully on Page 89.
Remittance Solutions for Diaspora – By pursuing the e-Government / e-Payment strategy, the Caribbean Diaspora will be able to remit transfers back home by just loading values onto C$ payment cards [for free]. This simplified system will minimize transfer fees and furnish [Foreign Currency] (Fx) controls. – Defined fully on Page 154.

There are countless examples of electronic money schemes facilitating more commerce (i.e. e-Commerce). The key is having an settlement / clearing entity. Under the Go Lean roadmap, that role is assumed by the CCB.

This changes everything … for everyone. Yes, we can!

The Go Lean book provides details of the community ethos to adopt, plus the strategies, tactics, implementations and advocacies that are necessary to executed in order to deliver the e-Money / Payment Card solutions to the Caribbean region. Within its 370-pages, the Go Lean book re-affirms the mantra that Internet & Communication Technologies (ICT) can be used as a great equalizer so that small nation-states can compete against large nation-states.

The points of effective, technocratic e-Money stewardship were further elaborated upon in previous blog/commentaries. Consider this sample:

https://goleancaribbean.com/blog/?p=14248	Leading with Money Matters – Almighty Dollar
https://goleancaribbean.com/blog/?p=10513	Transforming Money Countrywide – The Model of India
https://goleancaribbean.com/blog/?p=7034	The Future of Money
https://goleancaribbean.com/blog/?p=6635	New Security Chip in Credit Cards Unveiled
https://goleancaribbean.com/blog/?p=5668	Move over Mastercard/Visa, Time for Local Settlement
https://goleancaribbean.com/blog/?p=5210	Cruise Ship Commerce – Getting Ready for Change
https://goleancaribbean.com/blog/?p=4425	Cash, Credit or iPhone …
https://goleancaribbean.com/blog/?p=3889	RBC EZPay – Ready for Change
https://goleancaribbean.com/blog/?p=2074	MetroCard – Model for the Caribbean Dollar
https://goleancaribbean.com/blog/?p=1350	PayPal expands payment services to 10 markets
https://goleancaribbean.com/blog/?p=906	Bitcoin virtual currency needs regulatory framework to change image
https://goleancaribbean.com/blog/?p=528	Facebook plans to provide Fintech – Mobile payment services
https://goleancaribbean.com/blog/?p=833	One single currency, divergent economies – Europe’s Model

An e-Money transformation will mean rebooting the industrial landscape of the Caribbean. In general, rebooting the region’s industrial landscape is not a new subject for this Go Lean movement; this commentary has previously identified a number of industrial initiatives to launch a reboot in the region. See the list of previous submissions on Industrial Reboots here:

Industrial Reboots – Ferries 101 – Published June 27, 2017
Industrial Reboots – Prisons 101 – Published October 4, 2017
Industrial Reboots – Pipeline 101 – Published October 5, 2017
Industrial Reboots – Frozen Foods 101 – Published October 6, 2017
Industrial Reboots – Call Centers 101 – Published July 2, 2018
Industrial Reboots – Prefab Housing 101 – Published July 14, 2018
Industrial Reboots – Trauma 101 – Published July 18, 2018
Industrial Reboots – Auto-making 101 – Published July 19, 2018
Industrial Reboots – Shipbuilding 101 – Published July 20, 2018
Industrial Reboots – Fisheries 101 – Published July 23, 2018
Industrial Reboots – Lottery 101 – Published July 24, 2018
Industrial Reboots – Culture 101 – Published July 25, 2018
Industrial Reboots – Tourism 2.0 – Published July 27, 2018
Industrial Reboots – Cruise Tourism 2.0 – Published July 27, 2018
Industrial Reboots – Reinsurance Sidecars 101 – Published October 2, 2018
Industrial Reboots – Navy Piers 101 – Published October 9, 2018
Industrial Reboots – Payment Cards 101 – Published Today – October 11, 2018

In summary, our Caribbean region needs a better industrial landscape to improve our economics, security and governance. While transforming to an e-Money / Payment Card economy may be heavy-lifting, it is worth all the hard work. This plan is conceivable, believable and achievable – India is doing it!

Let’s lean-in to the Go Lean roadmap to reboot our industrial landscape. Time to get going. There is only one destination for all of this effort: a better Caribbean homeland to live, work and play. 🙂

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

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

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Appendix VIDEO – How Credit Card Processing Works – Transaction Cycle & 2 Pricing Models – https://youtu.be/avRkRuQsZ6M

BancardSales
Published on Apr 4, 2014 –
How Credit Card Processing Works : http://www.bancardsales.com

This video explains how credit card payments are passed from the cardholder to the merchant bank account. Included in the video is the transaction cycle, and a detailed explanation of the two main pricing models. If you’ve ever wondered:
How Does Credit Card Processing Work?
How To Process Credit Cards?
How Credit Card Processing Works?
How To Accept Credit Card Payments At Your Business or Understanding the transaction flow?

Then you’ll want to watch this video. It’s part of a credit card processing basics video series so be sure to check back for more updates and additional videos in the series.
Additionally, you can check out http://www.bancardsales.com for more tips and tutorials on how merchant account processing works.

Category: Education

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Amazon: ‘What I want to be when I grow up’

Posted on October 1, 2018 in Economics, Implementation, Industries

Go Lean Commentary

For the planned entity, Caribbean Postal Union, the question should be asked:

What do you want to be when you grow up?

The answer should be:

Amazon

It turns out that Amazon was only founded in 1999, so this is less than 20 years. It is that quickly that an enterprise can have a transformative effect on society. We need transformations in the Caribbean and we are hoping to follow the Amazon business model as the solution for our regional postal-logistical needs.

How successful is Amazon as a model for success?

Well, now Amazon market capitalization has exceeded $1 Trillion. See the VIDEO and news story here:

VIDEO – Amazon 2nd company to top $1 trillion valuation – https://www.usatoday.com/videos/tech/nation-now/2018/09/05/amazon-2nd-company-top-1-trillion-valuation/37720169/

Sep 4, 2018 – Amazon has become the 2nd publicly traded company to be worth $1 trillion, after Apple. Amazon has cemented customer loyalty through its devices and fast, free shipping as well as music and video streaming perks. AP

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Title – Amazon’s stock value tops $1 trillion, joins Apple in trillionaire club

Amazon’s meteoric stock surge briefly pushed its market value above $1 trillion, a milestone that makes the online retail giant only the second publicly traded company in the U.S. to pass that mark – following Apple.

Amazon topped $1 trillion for the first time Tuesday when its shares climbed past $2,050.27 in late-morning trading and hit an intraday record high of $2,050.50. Shares pulled back to $2,039.51 for a gain of 1.3 percent for the day.

The accomplishment comes after Amazon’s per-share price crossed $2,000 for the first time last week.

Under CEO Jeff Bezos, who is now the richest person in the world with a net worth of an estimated $166 billion, Amazon has emerged as the most powerful force in the e-commerce business, capturing roughly 50 percent of the online retail market, according to eMarketer.

But it’s not just Amazon’s disruptive force in retail that has attracted investors on Wall Street. The company has diversified its sales and profit streams, from a public cloud-computing business to paid subscription services like Amazon Prime, and advertising revenue on its website.

Some Wall Street pros see the stock climbing even higher.

Citing Amazon’s improving business mix, rapid growth and profit potential, Morgan Stanley analyst Brian Nowak last week upped his price target for Amazon shares to $2,500, which is the highest on Wall Street, according to Bloomberg. If that fresh target is reached, it would boost the company’s market capitalization to more than $1.2 trillion.

In the race for most valuable U.S. company, Amazon now trails Apple by roughly $100 billion.

….

See the rest of the news article in the Appendix below.

This one company is worth US$1 Trillion. The whole Caribbean’s Gross Domestic Product (GDP) is [far] less; it is our plan to elevate the economic engines in the region to get the economy’s output up to $800 Billion.

Amazon is a model for e-Commerce, logistics, media and innovation. This is the role model we want for our Caribbean Postal Union and the aligning online portal, www.myCaribbean.gov. It is good to have a roadmap to follow to duplicate the successful journey of Amazon.

The book Go Lean…Caribbean serves as such a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU) and the Caribbean Postal Union (CPU). These entities are designed to address the “Agents of Change“ in modern society, but for a Caribbean scope only. The “Agents of Change” at play in the foregoing news sources, according to the book (Page 57), are defined as follows:

Technology
Globalization

Asking the question: “What I want to be when I grow up?” is emblematic of future planning. This exercise is important for the region if we truly want to have a future. Though our people may survive, such an eventuality is not guaranteed for our culture. Ghost Towns do happen!

Our Caribbean region cannot continue with the status quo in terms of business operations and societal outworking. We must now reboot our industrial landscape to foster new opportunities (jobs, entrepreneurism and industrial development). This is the charter of the Caribbean Postal Union effort. In fact, the following 3 statements are identified as the prime directives of this CU charter:

Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
Establishment of a security apparatus to protect the resultant economic engines.
Improve Caribbean governance to support these engines.

In a previous Go Lean blog-commentary, it was related that …

… what Amazon did and does, is the epitome of what the CU/CPU needs to do to reboot Caribbean society. The company disrupted the status quo in so many industries – think: book retailers & movie rentals – and transformed markets to exploit opportunities and derive profits. This is the “Sum of All Caribbean Dreams“.

This reference to Caribbean Dreams is presented early in the Go Lean book with these opening pronouncements in the Declaration of Interdependence (Page 13 and 14):

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.

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.

Monitoring and analyzing the business model of Amazon has been a frequent occupation for these Go Lean blog-commentaries; consider these previous submissions, as follows:

https://goleancaribbean.com/blog/?p=14316	Forging Change: Soft Power – Clean-up or ‘Adios Amazon’ Amazon is proving that people and communities will be motivated to change in order to have the prospect of acquiring money or to prevent losing money. This “soft power” is now emerging as the preferred way to forge change on society. The summary statement is: “Clean-up your societal defects or else … face the loss of an economic bonanza”.
https://goleancaribbean.com/blog/?p=14191	Scheduling in the ‘Gig Economy’ Amazon is proving that there is always “honorable” work available in the service industry. Any reference to the Post Office of 1987 can now be replaced with the *Gig Economy*. Amazon is very prominent in the Gig Economy in the US.
https://goleancaribbean.com/blog/?p=13627	Amazon: Then and Now It has only been 18 years ago (1999 – 2017) since Amazon launched in Seattle, Washington USA. Now today, they are huge … and transforming how America shops … and consume media; even their digital assistant – Alexa – is transformative.
https://goleancaribbean.com/blog/?p=13091	Amazon Opens Search for HQ2 Amazon is accepting bids for a 2nd headquarters in North America. The city that lands HQ2 will have a lot to celebrate, as this enterprise can create many high-paying direct jobs – 50,000 – and have an indirect stimulus on the rest of the economy. This is a feature of Amazon that “we” want to model in the Caribbean.
https://goleancaribbean.com/blog/?p=12291	Big Tech’s Amazon – The Retailers’ Enemy Big Tech companies like Amazon have the treasuries, talent and temperament (culture, values and commitment) to change the world, for good and for bad. The Amazon threat had been “all things internet”, but now they are attempting to dominate the physical retail space as well, with their acquisition of Whole Foods grocery stores.
https://goleancaribbean.com/blog/?p=11358	Retail Apocalypse – Preparing for the Inevitable There is feast and famine “in the cards” for the retail eco-system. On one end of the spectrum , there will be prosperity for electronic commerce stakeholders, but on the other end, for brick-and-mortar establishments, there will be a Retail Apocalypse. This is not just a future problem as the threat has already manifested!
https://goleancaribbean.com/blog/?p=9839	Alibaba and Amazon’s Cloud allows for global reach This model, with cutting-edge data centers, is the new colonialism.
https://goleancaribbean.com/blog/?p=7297	Death of the ‘Department Store’: Exaggerated or Eventual Modern technology and electronic commerce has transformed many aspects of society; much has been added and much taken away. Just consider: cameras, watches, pagers, maps, calculators, calendars, payphones, books, music and more. The related industries have also been affected: travel agencies, music retailers, book retailers, newspapers, travel agencies and Big Box retailers. Amazon is to blame for many of the transformations.
https://goleancaribbean.com/blog/?p=7023	Thanksgiving & American Commerce – Past, Present and Amazon To better understand American commerce, one must understand Cyber Monday and its dominant player Amazon. This company demonstrates how to be lean and technocratic as it employs cutting-edge automation and robotics. They are a great model for a new Caribbean.
https://goleancaribbean.com/blog/?p=1416	Model of an E-Commerce Fulfillment Company: Amazon Amazon is the model for the Caribbean Postal Union (CPU): our means for delivering the mail. Considering the US, one might think that the American model would be the US Postal Service (USPS). No, the Go Lean book relates how the USPS is a failing enterprise, while Amazon flourishes with growth, capital and profits.

One Trillion Dollars …

… this sounds great! This is what is meant by the old encouragement: Reach for the stars!

Can we pursue such a quest in the new Caribbean?

Yes, we can!

Consolidating and integrating the existing postal agencies in the Caribbean, should be “low hanging fruit”. Currently, these entities are just inefficient, ineffective cost centers, but here is the opportunity to transform them to this new vision: the CPU functioning as a job-creating profit center.

We cannot ignore this win-win possibility.

We hereby urge all Caribbean stakeholders to lean-in to the empowerments in the Go Lean/CU/CPU roadmap. Whether we pursue this roadmap to make a trillion dollars or just to optimize the mail, the end-result will be a positive benefit. This quest can make our homeland a better place to live, work and play. 🙂

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

Sign the petition to lean-in for the roadmap for the Caribbean Union Trade Federation.

—————-

Appendix – Amazon’s stock value tops $1 trillion, joins Apple in trillionaire club – Cont’d

By: Adam Shell, USA TODAY

…
Amazon’s stock, which is up nearly 75 percent this year, has been one of Wall Street’s top performers in the bull market that began in March 2009, gaining more than 3,000 percent, according to S&P Dow Jones Indices.

Amazon is also pushing into new businesses, such as groceries, a move highlighted by its purchase last year of upscale grocer Whole Foods Market for $13.7 billion. It also entered the health care space in June, with the purchase of online pharmacy PillPack.

The only other U.S. stocks within striking distance of a $1 trillion market value are Microsoft and Google-parent Alphabet, both of which are valued at roughly $850 billion.

Tuna Amobi, an analyst at Wall Street firm CFRA, sees Amazon’s stock price rising as high as $2,200 a share. Amazon’s suite of businesses, he says, act as “building blocks” that give it a diversified stream of revenue and will help it deliver “consistent” earnings results in the quarters ahead. “A lot of investments are starting to pay off,” he says.

Still, like any stock, Amazon is not risk free. Despite reporting a profit of $2.5 billion on $52.9 billion in sales in the quarter ended in June, and forecasting year-over-year sales growth of 23 percent to 31 percent in the current quarter, Amazon is not a cheap stock.

It currently trades at nearly 100 times its expected earnings over the next 12 months, which is about five times the broad market’s price-to-earnings ratio of 21, according to Bloomberg.

Another potential risk that could derail Amazon is a potential regulatory crackdown from Washington, D.C., which could look to counter its clout in online retailing, Amobi says.

Amazon is one of the popular and strong-performing “FAANG” stocks – Facebook, Apple, Netflix and Google parent Alphabet are the others – that have come under increased scrutiny from President Donald Trump and lawmakers because of their growing dominance. Executives from Facebook and Twitter will testify Wednesday before the Senate Intelligence Committee regarding interference of foreign nations on social-media platforms.

Amazon also faces increasing competition in online retailing from big players like Walmart and Target that are fighting to regain lost market share. It is also facing challenges from Microsoft and Google in the competitive cloud-computing business.

Source: USA Today – Posted September 4, 2018; retrieved October 1, 2018 from: https://www.usatoday.com/story/money/2018/09/04/amazon-tops-1-trillion-market-value/1191141002/?csp=chromepush

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