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In Business

IT budgets stagnant in 2012, according to survey

IT investments are expected to be strongest among enterprises in Latin America, whose CIOs expected a 12.7% budget increase for 2012. CIOs in Europe (0.7% decrease) and North America (0.6% decrease) reported the weakest IT investment numbers.

Jan 31, 2012

Six ways social media technologies can accelerate large-scale change

Facebook, Twitter, YouTube, instant messaging, video conferencing, web meetings: These and many other collaboration and social media platforms are now an everyday part of people’s lives around the world. They are also finding their way into enterprise communications and management strategies. But are these social media applications and technologies ready for an even greater challenge—helping companies and government agencies successfully navigate major business change programs?

Jan 31, 2012

Creating a Just-in-Time Workforce

To keep up with today’s fast-paced, constantly changing business environment, organizations need to ensure they have the skills when and where they need them. New solutions can help ensure organizations don’t skip a beat by enabling them to immediately locate skills based on demand.

Dec 13, 2011

Auditor’s Statutory Obligation to Report Indictable Offences

The ODCE recently published its Annual Report for 2010. The Report contained details of the number of indictable offences reported to their office. 194 reports from Auditors and Accountancy Bodies of suspected breaches of the Companies Acts were received by the ODCE. This represented a drop of 18% on 2009 figures of 237. The main offence reported was unlawful directors’ transactions which represent 70% of the reports and failure to keep proper books of account represented 17% of the reports.

Nov 29, 2011

Foreign Direct Investment – Ireland increases its competitive edge

The Eurozone has not received much positive economic publicity in the international press recently. Despite this perception of crisis, Ireland’s ever increasing competitiveness, allied to its status as an international centre of excellence, is driving its recovery and ensuring that the country remains the location of choice for multinational investment.

Nov 28, 2011

59% of small companies’ experience of tendering is ‘poor’ or ‘very poor’

The Director of the Small Firms Association, Patricia Callan, has called on the government to immediately overhaul its public procurement procedures, which currently prevent many small Irish companies from winning valuable public contracts.

Nov 15, 2011

Solving the skills crisis

In 2001, a US medical device maker expanded its product line to include a new heart defibrillator it had acquired from another company—despite the fact that it didn’t have the manufacturing and engineering skills needed to meet the strict regulatory requirements associated with marketing the new product.

Nov 1, 2011

Understanding the current commercial position

In times of boom there is a tendency to give out credit in a free and easy manner to fuel the growth in sales. The seeds of most companies’ current financial problems were sown in the good times when controls and good practice were suspended in favour of continued uncontrolled growth.

Oct 18, 2011

If only you knew what they were going to look for next….

Oct 4, 2011

Creating a High-Performance Learning Environment in Your Organisation

How do the best performers get to the top? You know those types of employees: they seem to “get it” faster than their peers, regardless of what “it” is. They adapt readily to new demands and pick up skills quickly. Many theories have been advanced over the years about how such performers achieve their top status, but is there scientifically credible evidence to explain their unique learning behaviours and mindsets?

Oct 4, 2011

Successful Defence of Discriminatory Dismissal Claim

H. J. Heinz Frozen & Chilled Foods Ltd successfully defend claim of discriminatory dismissal after employee was dismissed following 3 years of sick absence - H. J. Heinz had taken a text book approach to dismissal on the capability ground

Sep 20, 2011

Finance Directors and Senior Accountants back Financial Statement Cuts

Sep 20, 2011

Companies Improve Level of Risk Oversight in 2011

Companies are engaging in a higher level of risk oversight, resulting in more board members and board-level committees in charge of overseeing risk, according to a study published by Deloitte.

Sep 20, 2011

Performance Management – lessons learned?

With ever increasing demands on budgets and seemingly never ending time pressures, management must focus their efforts on projects that will result in increased efficiency and drive superior performance. To assist with this, many companies have introduced performance management practices with varying levels of success over the years, leading some organisations to question investment in such systems.

Sep 20, 2011

Ten To-Do’s for Audit Committees in 2011

‘Risk’ is the number one audit committee priority. Audit committees should ensure they have an appropriate understanding of the significant risks facing the organisation and how they, and any resulting vulnerabilities are disclosed to shareholders. Particular attention should be paid to ‘scanning the horizon’ for the unexpected and consideration of the lessons from the financial crisis and recent corporate failings.

Sep 6, 2011

8 Steps for Simplifying Your Finance Function

The finance function sits at the hub of a complex network of systems and processes, from financial reporting to performance management. Perhaps it’s time to de-clutter, says Richard Young

Aug 23, 2011

Harnessing the Power of Social Media

Facebook, Twitter, YouTube: To some executives, these and other user-generated-content sites resemble little more than social networking soufflés—fluffy, youth-focused concoctions with more empty calories than real content. Known collectively as social media, you may not associate it with sweeping business change.

Aug 23, 2011

Meeting the Challenges of Cloud Computing

Is cloud computing the saviour of business? Is it a threat to data security? Does it signal the demise of the corporate IT function entirely? These are some of the questions executives are asking about the use of remote servers in the cloud, which enables organizations to access on-demand computing capacity, software and business functionality.

Aug 9, 2011

Five Principles For Performance Measurement Excellence (Lessons From Running)

Just as the principle of leverage can apply to many different situations and contexts, from bicycles to business process re-engineering, the lessons I’m learning from my running coach, Rina, and other world-class athletes also seem to apply to my work as a Performance Measurement Practitioner. The pursuit of excellence in anything, it seems, is based on a core set of principles.

Aug 9, 2011

Making Payments by Mobile to be "Mainstream" within Four Years

Making payments or conducting banking transactions via a mobile phone or similar device will become widely accepted by consumers within four years, according to the latest global survey of business executives by KPMG.

Jul 26, 2011

12 ways the cloud changes everything

Despite fears over reliability and security, enterprises are slowly but steadily moving their applications to the cloud, and the migration is going to change those companies in profound ways.

Jul 11, 2011

Do successful performance management systems drive superior performance?

Jun 28, 2011

XBRL - the impact on your finance function

It's time for larger and smaller businesses to consider the short term challenges and longer term benefits that extensible business reporting language could bring.

Jun 28, 2011

The Promise of Cloud Computing

Cloud computing—a utility model for computing capacity, software and business functionality—is now a pervasive presence in popular business literature and is being increasingly used by organizations worldwide to implement IT solutions.

Jun 13, 2011

Setting Sensible Targets For Your KPIs

Target-setting is rife with worries like being achievable versus stretch, motivating people to pursue them, figuring out how to measure them, the consequences of missing them, how hard it will be to reach them.

Jun 13, 2011
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Three Leadership Characteristics for Personal and Cultural Change

Change is one of the few things that is completely predictable in today’s world: there will be more of it year by year, and the pace of change will be faster. Some changes will come about naturally. Others will require clear focus and intensive effort.

Jun 13, 2011

A Team to Grow

For most of the world’s companies, growth appears to have regained its place at the top of strategic agendas, displacing the cost-control mentality that has dominated boardrooms and executive suites for the past three years. That’s the good news. But by having eliminated tens of millions of jobs during the Great Recession, are these companies now unprepared for economic recovery? Do they, in fact, have the talent they need to grow?

May 31, 2011

5 Goals For The Performance Measure Practitioner

It's time to take performance measurement and management seriously. We've wasted too many years playing around at the edges of measuring performance in our organisations.

May 3, 2011

Launch of €5 million programme for companies working on all-island collaborative innovation projects

Collaboration is key to commercialising new ideas, according to Minister Sean Sherlock speaking today, [Thursday], at the launch of InterTradeIreland’s Innova Programme which offers up to €5 million to help companies benefit from all-island collaborative approaches to R&D.

May 3, 2011

What To Do When They Say "Our Work Is Too Unpredictable To Measure"

Mike and Greg are clients of mine. They are geological engineers who work on what you would essentially call "discovery". Their job is to find profitable new sites for their company.

Apr 5, 2011

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