Tuesday, March 19, 2024

PM praises Entrepreneurship Foundation

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PRIME?MINISTER?FREUNDEL STUART has conceded that there is a case for developing innovative management systems in the public service to reduce the frustration associated with doing business or sourcing information.
Stuart said that systems created by management would address the concerns of businesspeople and the general public, whose activities had been impeded by a disconnect between public service methods and private sector objectives.
In a recent address during the Barbados Entrepreneurship Foundation’s gala dinner at Hilton Barbados, the Prime Minister lamented that members of the private sector had expressed dissatisfaction with the service they had received while doing business with Government.
Given this situation, Stuart suggested that “public service methods and private sector objectives be more consciously harmonised”.
He added: “We need . . . managerial and administrative entrepreneurs who can create innovative systems and reduce the frustration that business entrepreneurs and ordinary people encounter in Barbados when seeking basic information and routine services.”
In this connection, Stuart alluded to the role that Barbados Entrepreneurship Foundation Inc. could play in meeting this objective.
“Your philosophy is not inconsistent with that of the Government. . . . You bring to the table a commitment to releasing the creativity [and] the pulling power of the Barbados brand and connectivity to a global network.”
He praised the foundation for formulating five pillars of support in wealth creation: Government policy, access to finance, education and skills, business facilitation, mentorship and networking. (GE/PR)

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