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Across the corporate and household sector, the impact of a great storm cloud of indebtedness is now being felt. The figures are quite startling. Last year, the consultancy Amarach Research produced a report entitled: 'The Debt of the Nation : How we Fell in and out of Love with Debt." This study estimated that in Ireland, the ratio of household debt to disposable income had risen from just 48% in 1995 to 176% last year, making us one of the indebted countries in the world, even when public debt is excluded from the equation. Since the downturn, the number of insolvencies has soared, along with the number of 'problem' debts across the banking system. More than 1,400 companies were declared insolvent in 2009 alone, almost five hundred of these being construction firms. The scale of the crisis i

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Vistage Ireland chair Etain Doyle will be hosting a member guest day at the Fitzwilliam Dublin Hotel on the 23 June. The international speaker Gary Markle will present his session 'Catalytic Coaching - A performance management system that works.' In this highly interactive workshop tailored specifically to meet the needs of Vistage participants, Gary makes his case for the abolishment of conventional methods of performance evaluation and teaches participants how to replace them with a more effective and efficient system that he calls “Catalytic Coaching”. The workshop will give participants a complete overview of an employee development system designed to accomplish five key business objectives: • Change behaviour • Motivate employees

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