Home' Trinidad and Tobago Guardian : October 9th 2014 Contents OCTOBER 2014 • WEEK TWO www.guardian.co.tt BUSINESS GUARDIAN
NEWS | BG7
The Government Assistance for
Tuition Expenses (GATE) pro-
gramme should be restruc-
tured to accommodate the
needs of industries in T&T,
said Prof Dyer Narinesingh,
president, University of T&T (UTT).
He said T&T s economy is evolving and the
institution needs to adapt.
"Now that GATE has been in existence for
years now, we have to do projections in the
(country s) future manpower planning. If you
are highly saturated in some areas, and you
don t (have need for those skills), put the
emphasis on those areas of growth," he said
in a September 19 interview with Business
Guardian at the university s post-budget con-
Narinesingh said GATE is essential, given
the stage of T&T s development. He said if
the change is implemented, it must be done
on a phased basis ensuring that the public is
aware of the changes.
"You have to do really good long-term plan-
ning to ensure people know that in the next
five years, these are the areas the country
would concentrate on. You give special funding,
or even more than what they give at the
moment to encourage that growth and devel-
opment," he said.
Substantiating his point, Narinesingh said
the future economic powers of the globe are
not those countries that have natural resources
but those that take knowledge and convert it
Referring to the aviation industry, he said
the UTT is expected to start a campus in Cam-
den, Couva, the first phase of which will cost
"We are setting up a new campus to train
people, first of all, in ground maintenance of
aircraft. At present, people have to go overseas.
If we are going to develop T&T as a centre
for land, sea and air transportation, you need
to develop your aviation industry. It is one of
the fastest growing industries in the world. If
you don t have a good aviation industry, it
Narinesingh said the aviation industry can
be used as a means of diversifying the economy.
Asked how many people are expected to be
involved in aviation training at the UTT, he
said: "Caribbean Airlines is a member of the
consortium, the Civil Aviation Authority,
National Helicopter Services Ltd and the UTT.
"We have been having meetings over the
last two weeks. The actual construction of
the campus at Camden starts around the end
of this year. We have already been training
people who are involved in the industry. We
had two graduations already for people from
National Helicopter Services so they can write
their accredited exams from the Civil Aviation
In early September, the UTT, the T&T Inter-
national Financial Centre and the New York
Institute of Finance signed a memorandum
of understanding to boost the finance sector
by providing training for professionals.
Asked why the New York model to train
staff was being implemented, Narinesingh
said: "We are linking not only with New York,
but with the London Stock Exchange. This is
just the first initiative.
"We are linking with the major financial
institutions since they already have a reputation
and their training programmes are already
accredited. We are working with the TTIFC
to provide the background training for all the
important operations that take place overnight
in a bank. If you have the appropriate human
resources here, it would encourage these banks
to come and you d see the spin-off effects on
Narinesingh said tertiary education has
evolved and does not resemble anything which
the adult population are accustomed to.
"The traditional modes of training, skills
training and education are no longer very rel-
evant today. UTT is cognisant of this and
therefore the way UTT is structured and the
kinds of programmes that they offer to youths
are being mindful of this.
"Therefore, the future is our business, in
terms of training. If we use examples to illus-
trate that: T&T has identified certain areas of
growth in an attempt to bring out a diversi-
fication in the economy away from oil and
gas. We have to build the appropriate human
resource that is required to do that, otherwise
it is going to be a failure."
Commenting on the performance of UTT,
he said it is in the right strategic direction
when it comes to training and skills.
"Running a university is not a simple thing
in terms of the cost. We are limited in terms
of the funding that we can get. As a young
university, we face a number of challenges.
Before you can attract quality staff to a uni-
versity, what people look for is the research
and development that are taking place, the
quality of your staff. We have a problem in
attracting the high-quality staff simply because
we are young and now growing, but we are
developing strategies to overcome this."
Narinesingh said the university has a lot of
accomplishments, including the fashion indus-
try where some of its students have participated
in fashion shows in London, Paris and New
On a regional scale, the university has been
asked by CXC to assist in preparing an appro-
priate curriculum for teaching animation to
Make GATE relevant to economy
A popular belief held until recently was that most people
quit their job because of money. Not so. According to recent
surveys the number one reason given by most individuals is
that they quit their job because they did not like how they
were treated by their boss.
If we agree with the recent surveys, then we can conclude
that employee turnover is truly a function of low quality lead-
ership. As leaders, we need to become aware of the the key
questions that our employees are asking about us and do all
in our power to ensure that the answers are always "yes".
Do you care for me?
Stop and take stock of your human resources. Is your staff
eager to get up and go to work every day? Are they actively
contributing to the success of the company?
The good leader, who cares about his team, takes the time
to understand the challenges and responsibilities being faced
by each individual team member, gives them the right tools
and resources to complete their jobs and as well, asks for their
suggestions. Healthy relationships are formed as the leader
provides feedback, acts on good suggestions and provides
advice on how to improve. He is seen as more than a boss,
he becomes a mentor.
Can you help me?
Help employees "see" their place and grow in the company s
The vast majority of learning and development that takes
place on the job is through new challenges. As a leader, do
you create a culture that fosters opportunities for the team
to develop the knowledge, skills and techniques required to
become more successful in the future in both their job and
careers? Is the environment one in which employees feel con-
nected and that their work truly matters? Employees need to
know that they are contributing to the overall success of the
company. Good leaders take time to share the direction the
company is heading with their employees and assist them
with their individual development plan so that they can take
advantage of any career opportunities.
Can I trust you?
Create employee/employer relationships based on trust
There is nothing more stressful than working for a company
where there is little or no trust between employee and employer.
Trust is "glue" on which all relationships are formed it can
make the difference between a productive engaged employee
and one who is disengaged. Leaders are responsible for cul-
tivating trust in the workplace. Yes, as a leader every thing
you do and say matters to those who report to you. Tobe
trusted you must first give trust, it starts with you. Build clear
expectations and strong accountability processes with your
team. Show up knowing what information you can and cannot
share, to whom and when. Always be a person of integrity
both in and out of the work place. Make sure that your words
align with your actions.
As leaders the buck stops with us. We must first ask ourselves
the difficult questions and then be truthful in our responses.
Start by looking at the man in the mirror
Good leaders ask great questions.
You have a unique opportunity to listen to John Maxwell
on tomorrow in a simulcast. The event will be held at the
Lecture Theatre E, of the Teaching and Learning Centre
at the University of the West Indies in St Augustine,
modern facilities with the required technology for high
quality streaming. Visit the official L2 site for more infor-
mation at http://l2.johnmaxwell.com , visit our facebook
page at /www.facebook.com/PowerTeamTT, email the
Power Team TT at email@example.com or call 225-
8579 to learn how you can be part of this event.
John C Maxwell: People quit people, not companies
List of finanical institutions
that employ UTT alumni:
• JP Morgan
• Morgan Stanley
• BNP Paribas
• Merrill Lynch
• Mitsui Bank
• Central Bank of Nigeria
• World Bank
• Deutsche Bank
• Bank of China
• China CITC Bank
PROF DYER NARINESINGH
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