His­tory of the PSOJ Hall of Fame

Jamaica Gleaner - - HALL OF FAME -

IN 1992, The Pri­vate Sec­tor Or­gan­i­sa­tion of Ja­maica (PSOJ) staged the very first Pri­vate Sec­tor Hall of Fame Awards, and I am very happy to be here, in this our 40th year, to wel­come you all to our 24th stag­ing. This event is the high­light of the PSOJ’s cal­en­dar each year, which gives us the per­fect op­por­tu­nity to recog­nise those among us in the busi­ness com­mu­nity, who, by their ex­am­ple, demon­strate that in­dus­try and en­trepreneur­ship are the key to eco­nomic and so­cial de­vel­op­ment in this the coun­try we love so dearly.

I am pleased this evening to share with you, es­pe­cially for those per­sons who are with us for the first time, the ra­tio­nale for this award.

The Pri­vate Sec­tor Hall of Fame started in 1992 dur­ing the pres­i­dency of the 2006 Hall of Fame in­ductee and my good friend and men­tor, the Hon­ourable Dennis Lalor, OJ. Since its in­cep­tion, this award has recog­nised a num­ber of Ja­maican busi­ness lead­ers who have made sig­nif­i­cant con­tri­bu­tions to the de­vel­op­ment of the pri­vate sec­tor and the coun­try. Nom­i­nees for the Hall of Fame should have served in Ja­maica’s pri­vate sec­tor for at least 25 years.

The Se­lec­tion Com­mit­tee com­prises mem­bers of the PSOJ’s of­fi­cer corps, and the two most re­cent Hall of Fame awardees. If the com­mit­tee de­cides, in any par­tic­u­lar year, that there is no suit­able can­di­date, no award will be made. No posthu­mous awards are granted, ex­cept­ing if the nom­i­nee dies dur­ing the year in which he/she is be­ing con­sid­ered for the award. Of course, this was amended back in 1992 to ac­com­mo­date the in­duc­tion of the late Hon­ourable Carl­ton Alexan­der.

SOUND CHAR­AC­TER

The awardees should also have an in-depth knowl­edge of and com­mit­ment to his or her field and be of sound char­ac­ter and un­ques­tion­able in­tegrity. High eth­i­cal stan­dards should be the trade­mark of his or her busi­ness deals and prac­tices. In ad­di­tion, the nom­i­nees’ com­pany or com­pa­nies must be suc­cess­ful, with above-av­er­age growth.

Only one awardee is se­lected each year. How­ever, at the in­au­gu­ral Hall of Fame din­ner in 1992, there were two awardees. The found­ing pres­i­dent of the PSOJ, the late hon­ourable Carl­ton Alexan­der, OJ, CD, was posthu­mously in­ducted into the Hall of Fame, as was the late Hon­ourable Paul Ged­des, OJ. Their pho­to­graphs and ci­ta­tions, as well as those of the other 23 in­ductees, are proudly dis­played on the walls of our ac­tual Hall of Fame at the PSOJ’s of­fices on Hope Road.

The ci­ta­tions pro­vide an im­pres­sive in­sight into the level and depth of lead­er­ship, ded­i­ca­tion and en­trepreneurial spirit which have been the hall­mark of the Ja­maican pri­vate sec­tor over the years.

The Pri­vate Sec­tor Hall of Fame pays trib­ute to three im­por­tant traits – suc­cess­ful en­trepreneur­ship, lead­er­ship and char­ac­ter. The awardees cover the gamut of the busi­ness sec­tor, rang­ing from man­u­fac­tur­ing, in­sur­ance, tourism, agri­cul­ture, phar­ma­ceu­ti­cals, the fi­nan­cial ser­vices sec­tor, ship­ping and en­ter­tain­ment. We are pleased that some of our Hall of Fame in­ductees are here with us, and on your be­half, let me again thank them for the con­tri­bu­tion they have made, and con­tinue to make, to the growth and de­vel­op­ment of the PSOJ, the pri­vate sec­tor, and to our beloved is­land, Ja­maica. Please join me in ap­plaud­ing our past in­ductees who are here with us: Mrs Lorna My­ers Hon Dennis Lalor Dr The Hon Danny Wil­liams Dr the Hon Glen Chris­tian Hon Karl Hen­drick­son Dr the Hon Marshall Hall Charles John­ston Mr Earl Jar­rett Mr Douglas Orane Hon Las­celles Chin

ISEVEN NOM­I­NA­TIONS

This year, the Hall of Fame Se­lec­tion Com­mit­tee re­ceived seven nom­i­na­tions, the most we’ve ever re­ceived in re­cent years, and can at­test to the dif­fi­cult task that the com­mit­tee un­der­took in re­view­ing the nom­i­na­tions and de­cid­ing on the win­ner, en­sur­ing that the even­tual awardee met or ex­ceeded the cri­te­ria for in­duc­tion in the Hall of Fame. Any­one of those nom­i­nated could eas­ily have been se­lected to be here tonight, which is tes­ta­ment of the dif­fi­culty in choos­ing the honouree. More im­por­tantly though, it speaks to the cal­i­bre of busi­ness per­sons in Ja­maica, and specif­i­cally mem­bers of the PSOJ.

On be­half of the Se­lec­tion Com­mit­tee, I thank all our mem­bers who took the time to sub­mit their nom­i­na­tions, as with­out you there would be no event tonight. To those who were nom­i­nated and were not cho­sen for this hon­our tonight, I want to as­sure you that the Se­lec­tion Com­mit­tee recog­nises your great con­tri­bu­tions to the pri­vate sec­tor, and I would urge our mem­bers to keep those nom­i­na­tions com­ing for next year.

Tonight we cel­e­brate the in­duc­tion of ‘Butch’ Hen­drick­son, a very gen­er­ous man who is known for his many char­i­ta­ble ef­forts and his pas­sion for sup­port­ing small busi­nesses. Un­der his lead­er­ship, Con­ti­nen­tal Bak­ing Com­pany has be­come

Antony ‘Tony’ Hart, CD, JP 2013 Dr Glen­ford ‘Glen’ Chris­tian, OJ, OD, JP 2014 the lead­ing pro­ducer of in­no­va­tive baked goods in Ja­maica, which can be found all across the Caribbean and North­ern Amer­ica. Where small busi­ness de­vel­op­ment is con­cerned, some 34 com­pa­nies to date have ben­e­fited from his Bold Ones Ini­tia­tive, with over $200 mil­lion be­ing spent.

He is well de­serv­ing of this award, as some­one who has not only ex­celled in busi­ness but also be­lieves in giv­ing back to the com­mu­nity as an in­te­gral part of na­tion build­ing.

I must thank the spon­sors

who made tonight pos­si­ble: Na­tional, Co­conut Bay Beach Re­sort & Spa, Cari-Med, GasPro, JPS, Citi, PROVEN Wealth, J. Wray & Nephew, Earl Jar­rett, CD, JP 2015

Se­prod, GraceKennedy, The Gleaner Com­pany (Me­dia) Lim­ited and Busi­ness Ac­cess TV.

Ladies and gentle­men, I present to you, the 2016 Pri­vate Sec­tor Hall of Fame in­ductee – Butch Hen­drick­son. DENNIS CHUNG PSOJ CEO

CHUNG

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