New owner for Valpark Shopping Centre

He was delivering the feature address yesterday on the topic of Leading an Organisation in Challenging Times, at the annual business luncheon of the Trinidad and Tobago Chamber of Industry and Commerce held at the Trinidad Hilton and Conference Centre, St. Ann’s. He said that the low energy revenues which this country is experiencing is a cyclical one and the low petroleum prices and impact on the economy has set the stage for many businesses to re-examine themselves.

Siman said that even the most difficult times can provide opportunities which can sustain or grow a business. He said in such challenging times as these a company can take a closer look at the operational efficiencies of its business and see whether there are opportunities to streamline its operations. He said another question that needs to be asked is whether investment in technology can produce better results and the situation may provide the opportunity to acquire more space for expansion of the business or more qualified staff to strengthen its talent pool. He said Unicomer is very focused on achieving efficiencies in its operations and has conducted very intense studies and reviews of its cost centres and found ways of reducing its operating expenses without negatively impacting on the delivery of its services to its customers.

He said that the effectiveness of team members in today’s environment was also important and companies needed to assess whether their employees are equipped to deal with the demands of a very discerning customer in a competitive marketplace.