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Santo Domingo Chamber of Commerce. Positioning presentation. ESTABLISHING A BUSINESS PLATFORM FOR THE DOMINICAN REPUBLIC AND THE REGION. Background. HISTORY 165 years serving the business and Civil Society Communities. STARTING POINT
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Santo Domingo Chamber of Commerce Positioning presentation • ESTABLISHING A BUSINESS PLATFORM FOR THE DOMINICAN REPUBLIC AND THE REGION
Background • HISTORY • 165 years serving the business and Civil Society Communities • STARTING POINT • In 2002 the Dominican Congress passed a law appointing the Chambers of Commerce as the Mercantile Registrars
Background 50 K • HISTORY • 165 years serving the business and Civil Society Communities • RESULTS OF THE MERCANTILE REGISTRY • In the last 9 years the Santo Domingo Chamber of Commerce has received applications of more than 50,000 new companies
INICIATIVE 600 k • HISTORY • 165 years serving the business and Civil Society Communities • INITIATIVE • Non Official estimates state that more or less 600K companies that operate in the Dominican Republic are informal and therefore do not have a Mercantile Registration
Santo Domingo Chamber of Commerce Positioning • Initiatives to implement the strategic plan
Background • HISTORY • 165 years serving the business and Civil Society Communities • INITIATIVE • In 2009 the SDCC started a Strategic Planning Process that included the repositioning of the Organization
Objective/Road Map • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions • ROAD MAP: • Development of a strong IT platform in order to serve with valued products and services the business comunity
Objective/Road Map • ROAD MAP: • Strengthening of the Mercantile Registrar and development of an IT platform that will help the commercial and business interaction in the Dominican Republic and the Caribbean Region. • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions
Objective/Road Map • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions • ROAD MAP: • INITIATIVE: To guarantee the registration of new companies in the Dominican Republic in a shorter period of time
Objective/Road Map • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions • ROAD MAP: • INITIATIVE: Creacion of a One StopShop for the creation of new companies in Santo Domingo and to replicate the system in 7 different Chambers of Commerce in the Dominican Republic
Positioning • An IT hub for all the Chambers in the DR
Positioning 600,000 • An IT hub for all the Chambers in the DR
Objective/Road Map 29% • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions
Implementation of the Objectives Road Map Santo Domingo Chamber of Commerce
Positioning • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions • ROAD MAP: • Investigation to identify our • Strengths • Opportunities • Challenges • Threats • Needs
Objective/Road Map • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions • ROAD MAP: • Redefinition • Repositioning • Restructuring
Objective/Road Map • ROAD MAP: • Develop and reinforce within the SDCC a culture of services • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions
Objective/Road Map • ROAD MAP: • Use of the IT platform and the products and services portfolio to promote commercial interaction. • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions
Objective/Road Map • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions • ROAD MAP: • New Vision • New Mission
Positioning SERVICE • OBJECTIVE • Trasnform the SDCC in the backbone for the business community to conect, interact and effectively close their transacions • ROAD MAP: • New identity
Santo Domingo Chamber of Commerce Positioning • Services Platform
Positioning • Web based IT Platform • PRODUCTS AND SERVICES: • Representation • Consulting services • Products and Services • One Stop Show • Mercantile Registry • Digifirma (Digital Products) • B2B/B2C • Business Applications • CRC • Teleconferencing • Conference roms / telecomunications
Santo Domingo Chamber of Commerce Positioning • Commercial Interaction
Positioning WEB DEMO Santo Domingo Chamber of Commerce
Positioning • Portal • Offers of innovative products and services that will contribute to the development of the Small and Medium entrepreneurs and businesses in the Dominican Republic and the region
Positioning • Mercantile Registrar • Initial registration of a company and updating of all of its information via the IT Platform
Positioning • Products and services • One Stop Shop • Mercantile Registrar • Electronic Signatures • Conciliation/Arbitration • Management Software • Executive Rooms • Teleconferencing • Business Forums • Seminars • Trade Missions
Positioning • Digital Solutions • Safe transactions on line
Positioning • Business Network • Network to promote the commercial interaction that will allow formal businesses to interact among themselves in the Dominican Republic and the Region. Base population for B2B and B2C
Positioning • Profile • Each member of the network will have its own web page.
Positioning • SANTO DOMINGO CHAMBER OF COMMERCE • Offering world class products and services, innovating and contributing to the development and success of the Business Community, the companies and the Society in the Dominican Republic and the Region
Santo Domingo Chamber of Commerce REGIONAL BUSINESS OPORTUNITIES
ROLE OF THE CARICOM-DR BUSINESS FORUM NOW SUGESTIONS FOR THE FUTURE Identify the business needs and make them an opportunity Become a Business network Guarantee the closing of the business deals for companies through the SDCC B2B and B2C Proposals to governments with documented success stories Motivate the speedy decision making with our success stories Promote and guide groups in conflict towards business joint ventures • Analyze the trade and investment opportunities • Exchange business information • Organize business encounters • Proposal to Governments for the areas to be negotiated • Promote speedy decision making process • Assist private sector groups to solve conflicts
ROLE OF THE CARICOM-DR BUSINESS FORUM NOW SUGESTIONS FOR THE FUTURE 7. Promote the growth of SME’s Through electronic clusters for purchasing, selling and trading 8. Transform the IT network platform in the new CARICOM-DR market to compete in the world 9. Identify the industries that drive the economies of the CARICOM-DR represented in the Forum in order to form new Committees and working groups to boost those industries and help in the transformation of those that do not have that opportunities 7. Increase trade in goods and services 8. Promotion of investments including Joint Ventures 9. Business development initiatives for Agriculture, Mining, Industry, Construction, Tourism, Transportation, Telecommunications Banking, Insurance, Capital Markets, Professional Services, Science and Technology
HOW CAN WE DO IT? Investigating the needs of the private sector, its opportunities and capabilities to compete Making an inventory of the existing projects and how they can perform in a more coordinated way Establishing a new “Made in the Caribbean” strategy based in the opportunities that offers the EPA Use of technology to allow businesses to interact as a buying and selling power Transformation of the Forum in the CARIFORO – EU BECOMING IN THE CARIBBEAN BUSINESS NETWORK THROUGH THE SDCC WEB.
SOME FINAL CONSIDERATIONS Sectorial meetings to address difficulties Trade Missions to DR and CARICOM countries Joint Projects – to build competitiveness and relations between the business communities of the region Recognition of the CARICOM-DR Business Forum by CARICOM bodies Restructuring of the working groups in order to respond to the business needs Structuring of a calendar of meetings (virtual or in person) with reports from the working groups
WE ARE READY TO BECOME YOUR PARTNER THANK YOU