Financial Practitioners Receive Training in Business Innovation

Representatives from financial institutions throughout the Eastern Caribbean Currency Union received tools and skills that will assist them with promoting business innovation to foster long term business competitiveness during a workshop which the Eastern Caribbean Central Bank (ECCB) hosted on 4 February.

The workshop stemmed from Financial Information Month 2013 which was marked in October under the theme: Reshaping Our Future, Starting Now. In keeping with that theme, the main objective of the workshop was to improve the participants’ technical and practical understanding of business issues, particularly business innovation that would benefit their existing and potential clients as well as their respective institutions and the ECCU as a whole.

The workshop, which was the fourth to be conducted with the financial sector, is also one of the modules of the ECCB Small Business Management Workshop Part II, scheduled to be launched in St Kitts and Nevis in March and subsequently rolled out in the other ECCU member countries later this year.

Ms Sybil Welsh, Adviser, Corporate Relations Department, ECCB will facilitate the workshop which will cover the following topics:

  1. The Economic Imperative for Innovation
  2. The Nuts and Bolts of Business Innovation
  3. Business Innovation Models
  4. Business Innovation Challenge

The workshop was held at the ECCB Headquarters, St Kitts and Nevis and transmitted via videoconference to the other seven ECCB member countries and to the UWI Centre on Nevis.

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