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Challenges Facing Manufacturing in Puerto Rico. What Puerto Rico must do to remain competitive. Agenda. Education Government Operating Limitations Business Community Protection?. Education. We need to keep kids in school longer. Make it interesting, go back to trades teaching.

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challenges facing manufacturing in puerto rico

Challenges Facing Manufacturing in Puerto Rico

What Puerto Rico must do to remain competitive

agenda
Agenda
  • Education
  • Government
  • Operating Limitations
  • Business Community
  • Protection?
education
Education
  • We need to keep kids in school longer. Make it interesting, go back to trades teaching.
  • We have excellent universities however we need more trade school exposure (application of how to work in industry)
  • How to live in a highly populated area. Common etiquette. (I relate this to being service oriented).
slide4

Literacylevels

% of populationolderthan 10 years

1940

1970

2003E

slide7

High level of School Dropouts

USA

Germany

Japan

Canada

France

UK

PuertoRico

Italy

Source: Organization for Economic Cooperation and Development (OECD), Education at a Glance 2001; A T Kearney Analysis

government
Government
  • Needs to handle employment without robbing Peter to Paul (recent employment incentive) Can actually hurt current businesses.
  • Should invest in internships
  • Permit processes (?)
  • Governments inability to understand business.
  • Crime (whom would want to live here?)
governmental employment
Governmental employment

2000

% empleo total

Puerto Rico

Turkey

Canada

Check Republic

Ireland

USA

USA

Italy

New Zealand

Germany

Spain

Netherlands

Korea

Source: OECD Labor Database; PR Labor Department, Establishment Survey; A T Kearney Analysis

operational limitations
Operational Limitations
  • Electrical (nothing new here)
  • Labor Laws (Ability to arbitrate, not pay)
  • Benefits (Xmas Bonus)
  • Municipal Taxes on Inventories
new business creation per million in population
New business creation per million in population

Source: National Science Foundation; U.S. Small Business Administration; OECD;IADB; A T Kearney Analysis

2,330

2,455

532

346

303

225

PuertoRico

Ireland

Chile

Mexico

USA.

Singapore

additional
Additional
  • Business Community is real separated, each have their own focus (How Many Org)
  • DRCAFTA
slide16

Data from: Alianza Para Dessarollo De Puerto Rico

  • ConAgra Mills
  • OECD Org for Economic Development