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BBO speakers gear up for event

Speakers of the 21st Annual Bahamas Business Outlook (BBO) are geared up to share their thoughts on the need for Bahamians to develop innovative national strategies in various areas of business.

“There is a proverb that states, ‘where there is no vision, the people perish’.  In the 20th century, there was a vision to create tourism and financial services based economy for The Bahamas; a vision to achieve a balance of members in the House of Parliament more reflective of the constituents; and a vision for The Bahamas to become an independent nation.  Now, to avoid demise in the 21st century, new visions must be developed and put into action,” said Gowon Bowe, partner, PricewaterhouseCoopers.

Bowe will present the Vision speech at the upcoming conference.

“The last substantial vision for our country was set in motion circa 40 years ago.  We as a nation have been living off of the economic and social vision of the 20th century with no observable new vision(s) or evolutionary enhancement of the aforementioned visions.  When looking at initiating any seismic shifts in philosophy for a nation, the benefit of ceteris paribus is not a practical reality.  Every aspect of a nation, including but not limited to education, health, wealth and the dark clouds of immigration and crime, are intertwined.  Our new visions must not be myopic, as every action leads to a reaction,” Bowe added.

Bowe calls for the public to view the government as “facilitator” of this vision rather than as “provider”.

Donovan Moxey, president and CEO of IBS International, will discuss the need for technological advancement in meeting the mobile needs of Bahamian business in the 21st century.

“We are at a crossroads when it comes to the selection and implementation of infrastructure technology solutions that will allow us to improve operational efficiencies, fully meet the expectations of our customers, and compete on a global scale within the various industry sectors that will define us and our economy in the 21st century and beyond. In order to meet these challenges and opportunities, it is important that we in the private sector and in government embrace new technologies, in particular, next generation wireless infrastructure technologies that will allow our workforce to become more efficient and competitive, with the ability to securely conduct meaningful business activities while being untethered to the traditional office network that has limited capabilities,” said Moxey.

The rise of smartphones, tablets, notebook computers, and other portable wireless devices, said Moxey, are used as a way of maintaining productivity, improving efficiency, and maintaining competition both in the local and global market place.

Bahamian musician and entertainer, Fred Ferguson, will speak about the state of the local entertainment industry.

“With that as a backdrop, I will speak specifically to the state of the industry when I became a ‘full time’ musician, the changes that happened through the years, and my hopes and wishes for the future,” said Ferguson.

“Entertainment can be considered one of the components that is the bedrock of any developing society. And we Bahamians need to revisit the importance of entertainment to our survival, see what has been done correctly and incorrectly over the years, and examine the effect it had on the present decline of this industry,” Ferguson added.

The 21st Annual Bahamas Business Outlook, “Vision Beyond Sight: How Ready is The Bahamas to do 21st Century Business?” will be held on January 12, 2012, at the Wyndham Nassau Resort.

For BBO registration information, log on to or contact Eileen Fielder at (242) 322-1000/322-7505; fax: (242) 325-2482; email: or

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