Dialogue : The Entrepreneurial Ecosystem ― Caribbean Diasporic Markets

Image

Coming soon!

The Dialogue Banner

Please follow and like us:

Blinkers Off MSME Day for BCAME Entrepreneurs

Day 2020 Flag MSME 2

Reading time: +/- 8 min

Magate Wildhorse Consulting and The Community of Practice for Caribbean Immigrant Entrepreneurs join the global community in celebrating MSME Day 2020.

On April 6, 2017  the UN General Assembly, designated  June 27 as  Micro-, Small and Medium-sized Enterprises Day (UN Resolution A/RES/71/279).   The declaration and observation are intended to :

  • recognize the role of MSMEs in driving the achievement of the Sustainable Development Goals (Agenda 2030);
  • create public awareness regarding the contribution of SMEs to the global economy;
  • rally support for small businesses; and
  • to encourage research, capacity building and other needed support for small businesses.

It is known that small businesses, both formal and informal make up over 90% of all firms and account, on average, for 70% of total employment and 50% of GDP globally (International Council for Small Business (ICSB).

However, there is an urgent need to improve the development of small businesses and their contribution to capital formation, innovation, decent work, sustainability, and other Sustainable Development Goals (SDGs). Women lead only one third (1/3) of businesses in the formal economy—therein lies implications for attaining SDG 5: Gender Equality.

The figures related to employment and contribution to GDP do not always hold true across all economies and countries.  For low middle income to low income countries the contribution to GDP by SMEs (MSMEs) range from 29% – 23%.  The contribution can be even less in some countries, groups of countries and among socio-economic groups within developed countries. SMEs were first responders and innovators rising to the challenge to find solutions to problems associated with the COVID 19 pandemic. But this was not true for all groups. Let us look at entrepreneurs who contribute to job creation through self-employment or within the informal economy for instance. The Black, Caribbean, Asian and Other Minority Ethnic Groups (BCAME) were  over-represented in that category, many of whom faced closure or had to pause their operations.

E_2018_SDG_Poster_without_UN_emblem_Letter US

The suffering brought on by lack of social protection and the implication for SDG #: 1 No Poverty was stalk.  More than 50% of BCAME entities reported they might not be able to survive the pandemic. To make matters worse a substantial number of such businesses did not qualify to receive stimulus packages. Significant portions of entrepreneurs and individuals who are economically active members of BAME or BCAME in home and host countries are without social protection.

But with effective planning, risk intelligence, and systems thinking many impacted entrepreneurs might find a second chance in penned up demand triggered by COVID 19.

Goal # 8 : Decent Work and Economic Growth, what and how will the BCAME SME community do in order to increase their contribution to capital formation and investment?  The preceding are two key actions and indicators of what we must do in order to  increase income per capita within the community and beyond.  How and in what areas will we focus our efforts to increase production and intellectual property assets?

Recently in our Outride: COVID 19 Business Threat Seminars issues related to increasing the portfolio of owners of Geographical Indicators (GIs) and the equitable transfer of related wealth to communities was discussed by Massimo Vittori, Managing Director of oriGIn.

More recently Simon Anholt, founder and publisher of The Good Country Index spoke about the need to better leverage brand Jamaica by developing more high value products.  He proposed the example and opportunity of producing a Jamaican made running shoe. The challenge is for Jamaicans at home as well as in the diaspora. Diasporans should see themselves as key  collaborators, partners, investors and even the triggers  for driving related high value product development and sales.  While products with GI indicators must be produced in the home country in order to retain their economic value, diasporans looking to boost their business or personal economic recovery might be wise to invest in businesses in their home countries in addition to their going concerns in host countries. The Jamaica Junior Stock Exchange presents an easy opportunity to act for change as shared by Mrs. Marlene Street Forrest, Managing Director of Jamaica Stock Exchange in yet another episode of Outride COVID 19.

In 2016 the Global Sex Slavery Index reported that approximately 17,000 people were living in modern day slavery or are victims of human trafficking in Canada.  Trinidad and Tobago  is said to have the highest demand for trafficked individuals in the Caribbean. In May 2020, seventy-nine (79) individuals including 25 minors destined for criminal gangs in Trinidad were rescued by the Venezuelan Navy (Trinidad Guardian). How will Caribbean diaspora entrepreneurs, Canadian and US SMEs address these issues?

As it relates to SDGs: 13 Climate Action, 6 Clean Water and Sanitation, 11 Sustainable Cities and Communities, 12 Responsible Consumption and Production,  9 Industry,  Innovation and Infrastructure what actions will we take?  Responding to SDG 9 requires positioning and capacity to participate rather than to fund unless through investment.

The Goals just mentioned should be included in both our PESTLE and SWOT analysis as well as our value chain assessments. We need to look at how we can reduce or eliminate negative impacts and drive the increase in positive impact for delivering the goals as well as business viability.  As we look at profit and purpose we must also consider the existential threat to the Caribbean posed by Climate Change.  What role will you play in growing or supplying the market for climate finance solutions in the Caribbean?

The 2100s is not that far away; so, what will we do to support Affordable and Clean Energy, Goal #7?   Goal 7 and Goal 2, Zero Hunger are major priorities for the Caribbean. Undernutrition is a big challenge, health and well-being and high mortality rates highlighted the resilience gap in the BCAME Community.

So, what will we do about Goal # 3 Health and Well-being?

Drug abuse and drug related deaths— are there opportunities for you to make a difference in your host and home country?

What will your business or non-profit do to advance progress related Goal # 4: Quality Education?  Specifically, what will we do to facilitate the growth of high value in-demand professionals and tradesmen with  21st  Century employability skills in our communities?

With a global ocean-based economy of USD 3-6 trillion per year, what can you do to grow your business while protecting the ocean environment? Perhaps SDG 14 is the missing piece in your economic recovery, environmental scan and value creation puzzle.

As it relates to Goal # 10: Reduced inequalities, are there gaps in the capacity of the public sector to serve BCAME that your business or non-profit could fill?  Are there issues you must champion through advocacy?

Crime is a problem for more Caribbean countries than meet the eyes, Jamaica, Trinidad and Tobago, the Dominican Republic and Honduras may feature prominently in the reports, but serious issues exists in other countries who are experiencing significant growth in criminal activities. How can you profit for good and drive the results for Goal 16?  We cannot do it alone.  With whom will we partner for delivering the goals and Goal 17?  What will you do for ensuring “no one is left behind”? When all is said and done we must plan, monitor, evaluate, learn, adjust, and improve. Evaluation is said to have the highest multiplier effect in delivering the Goals.

While we join organizational leads, the International Trade Centre, UNIDO, the ILO and the World Bank in celebrating MSME Day 2020 we want to encourage BCAME to celebrate with no blinkers on.  Know your numbers and context, plan, and act to be truly part of SME communities that are transforming our societies for improving “people, planet and prosperity”.  Review the seventeen (17) Goals and 169 indicators and identify where you can make a difference for your business and in delivering the Goals.

Neither “power” nor “potential of small” can be “unlocked” without knowing our context.

Join 1 web siteWe commit to helping organizations with market systems development, climate and environment, entrepreneur capacity building as well as planning and evaluation for delivering the Goals.

We salute all entrepreneurs!  We celebrate and salute entrepreneurs in the BCAME community!

Thank you Argentina for giving us MSME Day!

Happy MSME Day.

Be with us at 10 AM EST on June 27, 2020 when host a conversation around resilience skills and behaviours for entrepreneurs on Facebook.

Benefit from our Outride COVID 19: Business Threat Seminar Series register at the following link : https://forms.gle/PtpZAT8czWYExWpZ7

Meegan Scott (for)                                                                                                              Magate Wildhorse and The Community of Practice for Caribbean Immigrant    Entrepreneurs.

MSME DAY HATCH TAGrecovery DAY HATCH TAGProsperity

Eval4action

Please follow and like us:

Programme and Speakers — Can Your National Brand Attract the Big Spend?

 Series 10 Programme and Speakers .v.2

Some items from the programme above will be brought forward to June 18, 2020.

The Joy Spot Motivational Talk scheduled for June 18, 2020 will be delivered next Thursday @ 2:10 PM

Cultural Sayings & Resilience Building Behaviours will also be shared on June 18, 2020.

 

The Good Country Equation Anholt.v.6

Please follow and like us:

For Immediate Release: Simon Anholt to Address National Image at free Online Seminar for Caribbean & Diaspora SMEs

simon anholt

TORONTO, Canada – Simon Anholt of  The Good Country Index will be the guest speaker at the “Outride: COVID 19 Business Threat Seminar”  which will be held today, June 18, 2020 at 2:00 pm.

Mr. Anholt  will address the topic “Doing Good, Doing Well: The Secret of National Image”.

The how and key ingredients for building national brands that attract wealth and drives sustainable development is the focus of the session.  Business leaders, community service organizations, representatives of government departments, stakeholders in the tourism and hospitality sector with an interest in national brands, brand reputation, and how to strengthen and leverage them for boosting post COVID 19 economic recovery are invited to attend.

Members of the Caribbean diaspora with plans to leverage their national brands for profit and purpose will benefit from the knowledge and insights to be shared.

“Simon Anholt is one of the most influential and respected advisors to the leaders of countries seeking to enhance their competitiveness in the global marketplace.”, says the Economist. He is the founder and publisher of The Good Country Index.  Mr. Anholt has advised governments of 56 nations to help them to improve their economic, political and cultural engagements with the international community, and by raising their profiles, to enhance their trade, tourism, diplomatic and cultural relations, talent and investment attraction.

 Place Branding and Public Diplomacy, Competitive Identity: the New Brand Management for Nations, Cities and Regions(Palgrave Macmillan 2007); and Places: Image, Identity and Reputation (Palgrave Macmillan 2010) are among the books he has authored.

Other speakers at the seminar will be Theo Chambers of CaribAcademy, Andrew Sharpe of  Authentic Caribbean Foundation, Dr. Karren Dunkley, Representative  of  Jamaica Diaspora Northeast, USA, and Meegan Scott of Magate Wildhorse Consulting.

The event is the 10th in the series hosted by Magate Wildhorse Consulting and The Community of Practice for Caribbean Immigrant Entrepreneurs. Today’s event partner  is the Jamaica Diaspora Northeast USA.  The month of  June is being celebrated as Caribbean-American Heritage Month, while the week of June 14-20 is also being celebrated as Jamaica Diaspora Week 2020.

There is no charge for participating in the event.

For details and registration link, email: magate.wildhorse@gmail.com

Or visit the event links at:

https://magatewildhorse.ca/outride-covid-19-can-your-national-brand-attract-the-big-spend/

https://www.facebook.com/events/256720838919704

https://www.instagram.com/p/CBkkRVMh5qj/?utm_source=ig_web_copy_link

https://twitter.com/MagateWildhorse/status/1273548957088722947?s=20

Please follow and like us:

Outride COVID 19 — Can Your National Brand Attract the Big Spend?

Header for Series 10 National Image

Outride: COVID 19 Business Threat Seminar

“Embracing risk for driving vision and growth”

The series is grounded in risk intelligence (RI). RI is that process of embracing risks and putting it to work for ensuring your business can survive or thrive during a crisis and beyond. It is also about value creation and protection. About delivering your vision and mission in the face of crisis as well as during the “normal”.

You are invited to join us for series ten (10) in the Outride: COVID 19 Business Threat Seminar.

Edition title: Outride COVID 19 — Can Your National Brand Attract the Big Spend?

We are now in the action planning and execution phase of this Caribbean diaspora entrepreneurs’ business continuity initiative which also caters to and welcomes Caribbeans at home, other members of the BAME community as well as mainstream entrepreneurs, development, and community service organizations worldwide.

When: June 18, 2020  |  Time: 2:00 PM EST  | Toronto & New York

Where: Online  | Registration detail below

Cost: Free

Featured Sessions include:

Doing Good, Doing Well: The Secret of National Image

National identity and reputation will impact the results of COVID 19 recovery strategy for many countries.   Let us not kid ourselves into thinking this is a matter for national governments only. Neither should we be fooled into thinking national identity and reputation should be the concern of key stakeholders in the tourism and hospitality sector only.

Join us tomorrow to learn about the secret of national image, gain knowledge and insights for boosting your purpose or profit pivot or both.  Get ready to help improve the image of the national brand or brands you love.

This session will be delivered by our featured guest speaker, Simon Anholt.                    He will address the subject of national brands and what makes a good brand.

simon anholt

Simon Anholt is the world’s leading expert on national image and the inventor of the term ‘nation brand’. He is an independent policy advisor who for the past twenty years has worked with the Heads of State and Heads of Government of 56 nations to help them to improve their economic, political and cultural engagements with the international community, and by raising their profiles, to enhance their trade, tourism, diplomatic and cultural relations, talent and investment attraction.

In 2014, Anholt created the Good Country Index, a study measuring the impact of each of 163 countries on the rest of humanity and the planet. He devised the concept of nation brand in 1996, now a multi-billion-dollar global industry, and is the founder and publisher of the annual Anholt-Ipsos Nation Brands Index and City Brands Index, two major surveys which use a panel of 20,000 people in 20 countries to monitor global perceptions of 50 countries and 50 cities and have accumulated more than a billion data points on “how the world sees the world”.

Anholt is the author of the best-selling books among them are Place Branding and Public Diplomacy, Competitive Identity: the New Brand Management for Nations, Cities and Regions, (Palgrave Macmillan 2007); and Places: Image, Identity and Reputation (Palgrave Macmillan 2010).

His sixth non-fiction book, The Good Country Equation, will be published by Berrett-Koehler in August 2020.

Professor Anholt has a Master’s Degree from the University of Oxford and studied international relations and security studies at the Royal College of Defence Studies. He was a Parliamentarian of the European Cultural Parliament and in 2009 was awarded the Nobels Colloquia Prize for Economics by a committee of 10 Nobel economists in Trieste, and the Prix d’Excellence du Forum Multiculturel pour un Développement Durable (Award for Excellence in Sustainable Development), at the 7th Multicultural Forum at the Palais de la Découverte, Paris, in 2010. He was Vice-Chair of the UK Foreign Office’s Public Diplomacy Board (2003-2010) and was appointed Honorary Professor in Political Science by the University of East Anglia in 2013.

Theo Chambers

Tough Marketing for Tough Times, presented by Theo Chambers

The Joy Spot Motivation Talk with Theo Chambers

Mr. Chambers will present both the Joy Spot Motivational Talk and Tough Marketing for Tough Times.

Theo Chambers, Motivational Speaker and Business Coach Consultant, at CaribAcademy and Co-founder of Positive Tourism News (Jamaica). He is also the author of Theo’s Theory on Marketing and Management Strategies.

 

The Marathoner

Semi-Structure Discussion Cultural Sayings & Resilience Building Behaviours, Facilitated by Meegan Scott

Come with 3-5 sayings or proverbs from your home and host countries that drives the resilience mindset.

Meegan Scott, is the Principal at Magate Wildhorse Consulting. For almost two decades Meegan has helped organizational leaders across industries and geographical borders to get better results from their strategy development, planning, and execution processes.  She is the founder and owner of Magate Wildhorse Ltd., and Magate Wildhorse Inc. Her most recent in Caribbean engagements includes Climate Finance Strategy Planning, The First Ever Outsource to the Caribbean Conference (2017), business incubation, and  corporate strategy planner to the National Environment and Planning Agency of Jamaica. Meegan is the publisher of the syndicated column, The Marathoner; as well as the chief editor and publisher of The Noësis: MWildhorse Strategy and Performance Magazine.

Andrew Sharpe 3

A Moment with Lou by Andrew Sharpe                                                                Founder and CEO of Authentic Caribbean Foundation Inc. (ACF), Massachusetts. Andrew is a  Festival, Tourism, and Non-profit Professional. He is a philanthropist, and is passionate about theatre and performing Caribbean drama and theatricals.

Dr. Karren Dunkley

Your Surprise Event Speaker, join us for your surprise.

Dr. Dunkley will present:                                                                                          The Jamaica Diaspora Week Salute                                                                          Vote of Thanks to Mr. Simon Anholt                                                                               Event Moderator

Dr. Karren Dunkley is an Educator, Transformational Leader, and Social Advocate. She is the Representative of the Jamaican Diaspora, Northeast USA. Dr. Dunkley is a Proven Performer, who has earned the respect and recommendation of others who have seen her work first hand. Currently, Dr. Dunkley is one of the most successful educators in the United States, and one of the most internationally recognized Jamaican-born educators. As a former high school principal and deputy superintendent, Dr. Dunkley is known for her transformational leadership and her inspiring relationships with the young people whom she has mentored in Jamaica, New York, and Pennsylvania.

She holds a doctorate in Urban Education with a concentration in Organization and Leadership from Teachers College, Columbia University; Masters degrees in Political Science and Education Leadership from St. John’s University, and Columbia University, respectively, and a Bachelor’s degree in Political Science with a minor in Education from St. John’s University. She is the principal/CEO of KND Consulting, LLC, and the co-proprietor of Spiritz of Montego Bay.

She is the recipient of the Tuskegee University Education Advocacy Award, Omega Psi Phi Education Achievement Award, Philadelphia OIC’s Impact Award, and the Team Jamaica Bickle Community Educator Award.

Event Rapporteur — Dania Sammott

Dania Headshot

Dania Sammott, is an experienced Retail Merchandizer and Travel Counsellor. Her experience include serving in the hypermarket sub-sector as well as in retail, pharmacy, food and household departments.  She is the Director, Public Relations for the Manchester High Alumni, Toronto, Chapter.

Event features: Joy Spot activity, Mouth and Mind discussion, COVID 19 business community experiences (open mic―diaspora, in Caribbean, other representatives of BAME or mainstream peers), Elevator pitches & network, review of prior topics in context of the assignment and action planning for helping individual businesses (entrepreneurs) get the best from the assignment. It is also aimed at helping those joining the series late to better understand the assignment, plan and execute their pivots.

Programme and Speakers (Click the link to view)

Registration Options

New to the series?

To receive your access link to the seminar please register at the link below.

https://forms.gle/PtpZAT8czWYExWpZ7

Returning attendees

Email us at magate.wildhorse (at)gmail.com  or click here.                                                Copy and paste the following in the subject line and body of your Email                          “Register me for “Outride COVID 19 — Can Your National Brand Attract the Big Spend?”  please include your name.

All attendee must click the join meeting link provided before the start of the meeting to receive your unique log in credentials.

We partner

Procurement officers and buyers in search of COVID 19 and other supplies are welcome to participate.

Caribbean and Canadian hotel and tourism stakeholders are welcome to attend.

Outride: COVID 19 Business Threat Seminar is a global disapora entrepreneurs affair!                                                                                                                            Leaders of mainstream businesses with an interest in doing business with diaspora entrepreneurs are welcome to register for the match making and networking sessions.

Please note that this event is not just for small and micro-businesses, big businesses and big nonprofits can benefit also.

Brought to you by Magate Wildhorse Consulting, and The Community of Practise for Caribbean Immigrant Entrepreneurs (Home of BIDEM Conference & Trade Show)

Advance or maintain the progress.

You can’t spell BAME without the C.  The contribution of the Caribbean has been too significant.  The impact on the Caribbean community is significant and different BCAME (Black, Caribbean, Asian and Minority Ethnic Groups) #BCAME    #BAME

Footer sustainable develop seminar

Please follow and like us:

Call for Papers & Review Board Members

Noesis Cover Winter 2020

Call for Reviewers & Editors — Magazine/Journal 2020

The Noësis: MWildhorse Strategy and Performance Magazine (two issues per year) is committed to publishing non-technical as well as technical information in the fields of Business and International Development. With a focus on strategy, marketing, trade, performance management and measurement, intellectual property and the creative industries—the publication aims to provide a complete and reliable source of information, how-to and in field applications on the aforementioned topics.  It will facilitate the growth of grey literature in strategy, marketing and performance management unique to Caribbean-Canadian and Caribbean organizations. By Caribbean we refer to the Caribbean and its diaspora markets.  We are devoted to publishing high quality articles and stories that are easily accessible and sold at an inclusive price.

Deadline: June 15,  2020

Email at: magatewildhorse@gmail.com

More at: https://magatewildhorse.ca/call-for-reviewers-editors-magazinejournal-2/

Call for Papers – Summer Edition

Deadline: July 15,  2020

Deadline for final submissions: July 25, 2020

Special opportunity for publishing the best 2000-3000 words from your Masters thesis or PhD dissertation available.

Double-blind Peer Review

Please click the link above to ensure your submissions are compliant with the double-blind peer review process applicable to all submissions.

To submit your proposal, article, or query, please contact Meegan Scott by

Email at: magatewildhorse@gmail.com

Entrepreneurs and consultants here is your chance to put your expertise on parade and boost your COVID 19 recovery results.

We look forward to articles, case studies, cartoon and art related to COVID 19 and Evaluation and or for driving the Sustainable Development Goals.

As partners in delivering the Decade of Evaluation for Action we will dedicate a space in the forthcoming edition for related issues.

Visibility and simplicity―do you know an entrepreneur, a consultant, or business that could do without one or the other?

We didn’t think so.  So, we strive to give organizations and entrepreneurs the best of both.

In today’s world where the language of business expands almost daily and growth-related concepts can be tough to understand, The Noësis aims to bring understanding and simplicity —disambiguation.

Its content will facilitate understanding of tough business and development concepts― while accelerating the learning of industry language and how-to.

And by so doing help organizations and entrepreneurs get more out of their investment in consulting solutions. Practitioners and consultants can expect content that will help them to improve their craft.

Find out more at: 

Chief Editor and Publisher, Meegan Scott

Recent addition:

We are pleased to welcome Dr. Mythili Kolluru as academic editor to our review board.  Dr. Mythili Kolluru is an Assistant Professor in the Professional Studies and Undergraduate department of the College of Banking and Financial Studies, Oman.

Banner 3 tWit

Please follow and like us:

Programme and Speakers: COVID 19 Opportunities — SDGs, Evaluation, Performance & Your Pivot

Programme Series 9 COVID 19 Opportunities — SDGs, Evaluation, Performance & Your Pivot

 

 

 

 

Proof in pudding Infevaluations

 

Please follow and like us:

Outride Speaker Bio: Dania Sammott

Dania Sammott, is an experienced Retail Merchandizer and Travel Counsellor. Her experience include serving in the hypermarket sub-sector as well as in retail, pharmacy, food and household departments.  She is the Director, Public Relations for the Manchester High Alumni, Toronto, Chapter.

Please follow and like us: