This country’s Minister of Commerce and Business Development has told a gathering of professionals from a number of leading Caribbean and international companies meeting here, that if they want to compete globally it is important that they form international partnerships and networks.

Senator Lynette Eastmond gave this advice today at the Caribbean Business Session of the Fifth Annual International Executive Search Federation (IESF) seminar now under way at Hilton Barbados. It is designed to unearth creative ways for the participating firms to develop the talent they need, using the federation’s global reach.

Minister Eastmond told her audience that “it has been proven time and time again that great ideas and projects never succeed unless you have the right people behind them”.

Turning her attention to the local companies represented at the seminar, she emphasised that, in many areas of business, research was crucial to their success. …”I believe that the university (UWI) must be seen as the research arm for the country. Having many small firms and companies, it would be virtually impossible (for each of them) to have an effective research department. It is therefore necessary to ensure that there are agencies than can provide this sort of research facility for the number of companies that exist in Barbados”, she urged.

Formed some five years ago, IESF is said to be the largest search federation in the world, with offices in 96 cities and 46 countries.



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