Bridgetown, Barbados, April 23, 2013 Caribbean Export Development Agency (Caribbean Export) in collaboration with Caribbean Institute of Certified Management Consultants (CICMC) and Universidad Iberoamericana (UNIBE) will host a training workshop for Caribbean Forum (CARIFORUM) management consultants during the period April 23 -25, 2013 in Santo Domingo, Dominican Republic. The training workshop delivered by the CICMC will see participation of over twenty (20) management consultants from across CARIFORUM, including Dominican Republic, Haiti, Bahamas, Jamaica, St. Vincent and the Grenadines and Trinidad and Tobago.
This training initiative forms part of Caribbean Export’s implementation of the 10th European Development Fund (EDF) funded Regional Private Sector Development Programme (RPSDP) relating to the development of the CARIFORUM management consulting industry. Caribbean Export has been implementing this €32.1m programme (€28.1m of which is financed by the European Union) since 2011 with the overall objective of contributing to the gradual integration of CARIFORUM countries into the global economy and by so doing, enhancing regional economic growth and contributing to the goal of poverty alleviation. More specifically, the 10th EDF RPSDP is in part geared toward enhancing competitiveness and promoting innovation among the CARIFORUM private sector in several priority industries and sectors which include the management consulting industry.
In this regard, the training workshop will enable regional management consultants to advance toward the attainment of the Certified Management Consultant (CMC) qualification, an internationally recognized competence-based certification which prescribes standards for the practice of management consulting. This is important in the current environment where CARIFORUM management consulting firms face persistent challenges to their competitiveness in the regional market as well as their export capacity.
This training initiative forms one part of Caribbean Export’s work in the professional services sector for 2013. Proposed for June later this year in Trinidad and Tobago, the Agency will be hosting its 5th Annual Management Consulting Business Symposium, which will focus on the development of strategic industry alliances and the exploration of opportunities for CARIFORUM management consulting firms to engage the European Union market. The Symposium will also include a training component which will build on the present initiative in the Dominican Republic.