Latitude Latitude 2013 | Page 21

Certificate of Secondary Exam( BGCSE), the average scores of students are D + and D-( Massey, 1). Education is of great importance for the development of future Bahamian population; if people are not educated they will have less chances to become the future leaders of the nation. The solution relies on given the tools for people to develop critical skills for the upbringing of the national business sector of the country. The result of the educational crisis is a poorly educated workforce, which diminishes the chances of remaining in a global competitive stance with those developing countries that have a thriving educational system.
3. The government
There are many barriers to making business in the Bahamas and one of them is the government and political instability. Politicians need to address economic problems and plan for the future instead of making the opposite party seem weak. Being a good leader is a not bringing others down, rather it is providing them with the tools to become stronger and give them guidance towards success. In addition, corruption is present in the government, but not to a big extent as we saw earlier. On another point, there have been inconsistencies in policymaking. Inefficient and ineffective policymaking is a barrier for foreign and local investment.
WHAT IS THE BAHAMAS CURRENTLY DOING TO IMPROVE?
Training solutions( TS) is an institution that provides computer related / instructor led training in the Bahamas. They have courses in technology, design, languages, career certification and most importantly, business. TS is addressing issues of management and leadership roles in businesses.
In management it is important to promote good customer service and business etiquette. Because the majority of The Bahamas’ GDP income comes from tourism, TS delivers Business Etiquette and
Professionalism Certification in order to manage multi-cultural challenges and overall etiquette. Also, Customer Service Certifications are given to improve communication skills, time management strategies, and stress management strategies among others.
In regards to improvement of leadership abilities, there is also a Leadership Certification Course. This course addresses introduction to effective leadership, choosing the appropriate leadership style in regards to a situation, developing a vision and a mission, effective decision-making, and team motivating leaders.
TS also has a Certification in Business Management, which goes from introduction of business, technology, marketing, operations, financial management, HR, and risk management to organizing and prioritizing when managing. Furthermore, there is a focus on Project Management Certifications for the further development of professional skills in a project’ s initial, planning and closing stages.
CONCLUSION
In conclusion, even with setbacks such as the lack of protectionism, bureaucracy in the investment sector, and a sluggish improvement of a dynamic private sector, The Bahamas is the 35th most free nation in the 2013 Index and the 3rd in the Regional Ranking as seen in Figure 1.7. There has been a decrease in corruption, an increase in economic freedom, an improvement in the pillars of economic freedom, and a small reduction in tariffs, which are placing Bahamas in a very good standpoint in global trade competition. In addition to this, the regulatory system has improved making it attractive for entrepreneurial activity. Furthermore, its lack of skilled workers has stressed an importance on education for the upbringing of future country leaders who will shift towards innovation, change, simplicity, and equality.
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