The Truth – Lee Chin Continues As To Why JA Is Where It Is At

You can just hear the table talk, ‘him lucky, dun mek fi him monie aready’.  Sit with a group of people regardless of their social, economic or educational background, and one thing they all have in common.  The persistent ability to discuss hours upon ends, challenges, whose fault it is, the different angles why it cannot be done, whose role it should be, and less than 30 minutes on when the job at hand will be done and who will take responsibility for at least implementing and seeing it through.  At the end of the 30 minutes you might even hear a few declaring, we should pray and God help us.  I endorse prayer and oh yes we seek the Lord’s help.  I do believe somewhere along the line, it is expected by God for us to actually ‘DO’.  If not I say, shut up and allow the foreigners to buy us out as they seem to be the ones willing to take the risk or at least try to ‘DO’ in our Country.

When next we seek to complain, ask yourself some serious questions and be truthful a) do you actually work when you go to your employer’s place of business or do you simply collect a pay check and do the minimal? b) are you the person whose attitudes are one where you do your best each and every day without comparing yourself to your supervisor or manager? c) do you know more about management’s personal business than you do about the company you work for? d) if you were the owner of the company you worked, would you continue to pay employees whose attitudes and behaviour are similar to what you presently display?

The attitudes, beliefs you hold as a paid employee often times contributes to your own lack in confidence.  You hide behind the comforts you derive from your job, yet with your complaints do not have the confidence self belief in executing a plan for yourself that could be better for you.  For my own part, I do not believe you should invest or waste time on those whose habits have been the same for decades.  It has nothing to do with being unpatriotic.  Whilst you spend your time trying to convince people to change, the World is moving and you will either move along with it or be left behind.  If Jamaicans do not want to invest in Jamaica, others will, just do what needs to be done.


We have it backwards with 99 per cent strategy and one per cent execution — Lee-Chin

(Jamaica Observer) Sunday, January 31, 2016

LEE-CHIN… Holy macros — something wrong!

Chairman of the National Commercial Bank of Jamaica (NCB) Michael Lee-Chin, in the first of a series of intimate dialogues with private sector leaders hosted by the Jamaica Exporters Association, has chided Jamaicans for associating success with 99 per cent strategy and only one per cent execution.

“Success is one per cent strategy and 99 per cent execution. We in Jamaica, we strategise a lot, but I think we have it backwards with 99 per cent strategy and one per cent execution and unless we ‘fess up we are not going to change,” Lee-Chin told the audience of the event held under the theme ‘Global Thought Leader’ Speaker Series at the Terra Nova Hotel in Kingston last Friday.

The ‘by invitation only’ series — which will see chairpersons, CEOs and senior managers speaking on various topics throughout the year — is aimed at exploring potentially transformational issues and ideas about ‘Brand Jamaica’, while prompting change in the thinking of business individuals, ultimately improving the country’s export performance.

Lee-Chin opened his presentation by highlighting execution strategies that could lead to the success of individuals, while adding that his zeal for encountering problems and taking them personally enough to build solutions for them, has resulted in the success of the National Commercial Bank and its subsidiaries NCB Capital Markets Limited, NCB Insurance, Advantage General Insurance, NCB Cayman Limited among others.

“We have to have patience, prepare to perspire and you have to be passionate in terms of execution. Another thing I’ve learnt is if you want to be successful, you have to find huge dysfunctionalities and figure out solutions for them,” he said, adding that the local coffee industry is one such sector currently experiencing dysfunctionality.

The chairman noted that over the past 15 years, Jamaica has been wallowing in stagnation while individuals continue to complain about politicians, high interest rates, crime and currency devaluation — with little extraction of ideas from these crippling problems. “We complain about high cost of energy, we complain about telecommunication costs, we complain that there are no opportunities here, yet still in the middle of this mess of an environment a lot of wealth was created including Columbus, Digicel and the toll roads,” he added. “Huge wealth is being created for someone other than Jamaicans. Holy macros — something wrong!”

“In this dysfunctional environment all of that wealth was created and we didn’t participate?” he reasoned. “Is it that we lack confidence in our own country but some other people can look from the outside in and have confidence in our country?”

According to Lee-Chin, the difference in the wealth of local investor and international investors lies in the level of confidence individuals have in the country. “In the last 15 years other people had confidence in our country and we didn’t. That’s why we didn’t participate in any of those wealth creation strategies.”

“Are we going to make the next 15 years go by and then have talk about the same thing 15 years from now? I want us to make a promise to ourselves today that whenever we hear veranda talk about the complaints about politicians, stagnation, high interests — have an allergic reaction, and say to ourselves that’s a catalyst for all of us to jump into action and create that solution because someone out there is looking at and saying what a fantastic country this is,” he said.

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