Worldwide Offices
The Finance Act has received a broad welcome from business. Those who are set to benefit, in particular: - foreign executives assigned to work in the country. - firms involved in leasing and fund management - owners of intellectual property assets. - providers of Islamic finance products. - pensions providors - people selling land under compulsory purchase orders However, there are - as one might expect - no shortages of 'stings in the budgetary tail.' Tax exiles with an Irish domicile will have to pay a 'domicile levy' where their worldwide income exceeds €1m and there income tax liability here is less than €200,000 Of greater practical, as opposed to symbolic, significance is the decision to abolish th
Read More Post a comment
The Government is banking on an innovation revolution to play a major part in extracting the country from the economic and financial black hole into which it has toppled so unceremoniously. In the last few weeks, two leading State groups, FAS and the Innovation Taskforce, have produced major reports suggesting that further shifts up the technological tree can produce major dividends in the area of job creation. According to the latest FAS Manpower Forecasting Study, the number of employed scientists, engineers, business and IT professionals grew strongly in recent years, with employment in each of these categories at least doubling between 1996 and 2008. This trend is expected to resume as a reco
Read More Post a comment
MediaSnackers the social media experts took the opportunity to present to Vistage 33 at the Fitzwilliam Hotel in Dublin. They ran a successful session on social media explaining the benefits of it to the corporate world. See below to see how the day went
These days, trust, credit and cash flow are all in short supply in the corporate world. Smaller enterprises have been affected in particular by the breakdown in financial connections Firms can do themselves a big favour with their suppliers and financiers where they can prove to everyone's satsifaction that their accounts present a full and fair picture of the state of the Company. Writing recently in Finance Dublin, Brendan Sheridan of Deloittes observes that "disclosures should be more detailed than in times of economic growth." He notes that the UK Financial Reporting Review Panel recently reviewed 326 financial statements. It found that "the current stan
Read More Post a comment
Many of the elite of international business and politics gather, each year, at the Swiss resort of Davos to feel each others' pulse. The World Economic Forum may attract "the great and the good", but as an event it is less staged than the great organised photocalls of statesmen and women gathered at a G8 or G20 event. This year, an energetic debate took place between some of the West's top bankers and a posse of regulators and economists led by the Chairman of Britain's Financial Services Authority, Lord Adair Turner and the French President Nicolas Sarkozy. It is no surprise that banking was at the top of the agenda. While talk of another Great Depression has disappeared, few anticipate a strong recovery in the countries most hit by the financial crisis.
Read More Post a comment
![doyle[1]](http://www.vistageireland.com/wp-content/uploads/2010/01/doyle1.jpg "doyle[1]")
As a Vistage Group Chair operating in Dublin, I am very conscious of the challenges and opportunities facing CEOs today.
The dictionary of disaster words has been exhausted to describe the current economic and financial position of the country in which businesses have to operate.
And yet, every CEO has to get up and lead his or her business every day, and find ways of dealing directly and through his/her staff with a myriad of issues, all of which are more complex and time-consuming today:-
- retaining existing customers and maintaining the relevance of service offerings and products......
- finding new customers and products,
Ask anyone running a business and they will certainly agree. During the current downturn, people in charge of organisations, commercial and non commercial, public and private, are being forced to make painful decisions affecting often long serving employees and their families. It is not easy to ask people to challenge and perhaps abandon established ways of working, traditional structures, or settled arrangements. In a very uncertain world, it is not easy to determine which of the massive market changes are transient and which are the ones to build on for the future. Many chief executives feel a need to test their ideas in such an environment. However, given inevitable time constraints and the need to maintain the confidence of and support those around one, the process of engineering such a dis
Read More Post a comment
