10
President's foreword
performance. PLIPDECO is not immune from the requirements to transform and adjust, and from as early as 2007, the process started and has accelerated in the years following the recession. A major focus has been on the people and process element. With respect to people, training programmes have been a lot more targeted to address performance deficiencies that were identified. Additionally, structured performance targets have been continuously monitored, realigned and adjusted to keep pace with the changing departmental, business and strategic objectives. In like manner, a number of processes have also been revised to not just address the need for improved productivity and efficiency but also specific customer needs and issues of safety and security. Some of these changes now include a Traffic Management Plan for the Port,
collaborative process with lines in vessel planning process, and a stakeholder feedback system.
FOCUS ON THE FUTURE The years ahead will indeed be challenging ones as the Corporation has to not only make the necessary fine-tuning to remain viable and profitable but will need to make the moves necessary to position itself for changes in the economic landscape. These changes include: • Changing trade routes • Expansion of the Panama Canal and requisite opportunities and threats • Growth opportunities for the Industrial Estate in the gas and non-gas industrial activities The Board and Management stands ready
to rise to the occasion and will at the same time continue to ensure that the Corporation functions in the best interest of its stakeholders and shareholders alike. I will like to take the opportunity to thank the Board, Management, Employees of the Corporation, the Unions, Customers, Stakeholders and Shareholders for their support and confidence over the past year and wish to assure that the pursuit of the Company’s vision will at all times be at the forefront of the business objectives. Ashley Taylor President