US AND IRISH BUSINESS LEADERS CONVENE IN DUBLIN IN SHOW OF SUPPORT FOR CONTINUED TRANSATLANTIC TRADE AND FDI AT THE LAUNCH OF THE BOSTON COLLEGE IRELAND BUSINESS COUNCIL.
Dublin, Thursday 19 October, 2017 – Some of Ireland’s most respected and influential business leaders gathered at the Merrion Hotel last Night, Wednesday 18 October, 2017 to launch the Boston College Ireland Business Council.
The Boston College Ireland Business Council is designed to enhance transatlantic business between the US and Ireland through creating connections that allow for entrepreneurial ventures to grow and prosper.
Borne from the success of the 2016 Aer Lingus American College Football Classic and founded by the Global Leadership Institute, Boston College, and Ireland, Gateway to Europe, and Chaired by Neil Naughton of GlenDimplex, the purpose of the Boston College Ireland Business Council is to bring influential business leaders from both communities together once a year in Dublin and in Boston to create one deeply connected transatlantic trade and foreign direct investment artery.
Guests on the night included Boston College alumnus Denis O’Brien and Fergal Naughton, CEO GlenDimplex Group, and speakers included Paul Coulson, Chairman Ardagh Group plc and Neil Naughton, Chair GlenDimplex.
Commenting on the launch of the Council, co-founder Dr. Bob Mauro, Director Global Leadership Institute, Boston College says: “Boston College was established in 1863 to educate Boston’s Irish immigrant community and to help form leaders capable of addressing the world’s most urgent problems. The Boston College Ireland Business Council (BCIBC) proudly builds on that tradition by connecting business leaders in Ireland and Boston, facilitating discussions, and creating economic prosperity through transatlantic trade. Working with our partners in the Ireland, Gateway to Europe and Aer Lingus Classic, we can create real benefits for people in Ireland and Boston”.
Ireland Gateway To Europe (IGTE) is a not-for-profit annual trade mission made up of 30+ professional advisory firms who travel the US to showcase Ireland as Europe’s premier investment location through a series of investor events and engagements.
The IGTE vision is to provide companies seeking to expand into Europe with a secure resource network for business expansion, and access to an experienced, professional network of service providers to help investments succeed quicker.
Speaking at the event Robert Mac Giolla Phádraig of Ireland Gateway to Europe, leadership team said: “Ireland remains one of the best places in the world to do business and without doubt, one of our strongest international relationships has been, and still is, with the US, something that has recently come under threat due to political uncertainty on both sides of the Atlantic. By establishing the Boston College Ireland Business Council, the tight commercial and social bonds we share with the US can be strengthened and built upon bilaterally business to business in spite of any potential external political threats.
“Indeed, we have just returned from the US where we met with business leaders in San Francisco and in Silicon Valley. The vision of our mission was to encourage and educate US companies who are looking to expand into Europe to choose Ireland as their location of choice. We aim to supply the necessary information, build trust and provide contacts in Ireland for these companies to execute their plans.”
Hosting the launch of the Boston College Ireland Business Council was Neil Naughton, Chair GlenDimplex. He said: “On September 2, 2016, Georgia Tech narrowly defeated Boston College in Aviva Stadium in the Aer Lingus American College Football Classic. In addition to the game itself the steering committee and partners were responsible for arranging other sporting, cultural, academic, business and social events. The weekend was deemed a success for Ireland on many fronts; in addition to welcoming the 25,000 visitors and their additional €56m spend many relationships, both business and social, were formed.
“As part of the legacy of the 2016 Aer Lingus College Football Classic and, following on from the Boston College CEO Club lunch in the Mansion House the day before the game, we are establishing the Boston College Ireland Business Council (BCIBC). The purpose of this council is to cultivate, nurture and encourage business relationships between Ireland and our Bostonian brothers. Our overall objective is for attendees to engage with the discussion and to network but specifically to take insights from panellist’s thought leadership to help build better transatlantic business relationships.”
Attendees included both Irish CEOs of international companies as well as European Heads of US organisations. Paschal Donoghue, Minister for Finance, Public Expenditure and Reform was also present as was a delegation of Boston based business leaders and the leadership team from Boston College.
On the evening, there was be a panel discussion on Global Leadership. The following global heavyweight Business Leaders contributed on the night:
- Willie Walsh, CEO IAG (6th largest airline group in the world)
- Paul Coulson, Chairman Ardagh Group plc (3rd largest material packaging company in the world)
- Siobhán Talbot, CEO Glanbia (#1 performance nutrition brand portfolio in the world)
- Neil Naughton, Chair GlenDimplex (largest heater manufacturer in the world)
The Boston College Ireland Business Council advisory board:
- Neil Naughton, Chair Glen Dimplex (Chairman)
- Dr. Bob Mauro, Director Global Leadership institute, Boston College, USA
- Jim Kelliher, CFO Actifio, USA
- Robert Mac Giolla Phadraig, CCO Sigmar Recruitment, Leader; Ireland, Gateway to Europe
Posted by Jamie Harnett, Associate Director Marketing & People Engagement on 7 December 2017
The Remote-Work Rebound: Hybrid workforce grows by two-thirds, remote workforce down by 54%
The Remote-Work Rebound: Hybrid workforce grows by two-thirds, remote workforce down by 54%
The Talent Leaders Pulse Report was commissioned by Sigmar Recruitment as part of Talent Summit 2023."The power dynamic between employer and employee is rebalancing after two years of hyper competition, with early signs of a shift back to office. The fallout of remote working has seen employees pitted against employers as we look to sustain flexible working practices and settle on desired places of work. We are witnessing the remote work rebound, with twice as many workers now working a hybrid model over full-time remote. The hybrid workers now make up 51% of the current workforce, while the remote workforce has reduced by 54% within the last 12 months. This reflects employers’ sentiment that 87% of employees do their best work in a hybrid model.”, says Talent Summit founder and Sigmar CCO, Robert Mac Giolla Phádraig.Talent Summit 2023 Employment Survey Highlights at a glance:Hybrid WorkHybrid workforce grows by two-thirds, remote workforce down by 54% as employees spend more days in office.2023: 51% working hybrid (30% in 2022), 25% full-time remote (44% in 2022) and 24% in-office (26% in 2022). Of the Hybrid workforce more time is spent in-office over the last 12 months: 81% work 2 days or more in 2023 compared to 74% in 2022.Tuesday (68%), Wednesday (78%) and Thursday (67%) are the most popular days to be in-office with Monday (18% ) and Friday (8%) being the least.Employers believe employees do their best work, working a hybrid model (87%), followed by in-office (11%) with full-time remote (7%) considered the least productive model.Headcount2023 set to see the largest reduction in headcount in the last 5 years with 18% of employers expecting a reduction this year. 62% expect an increase and 20% expect their headcount to remain the same.HR PrioritiesThe Top 5 priorities for HR for 2023 show competing priorities creating a confusing labour market: (1) retention (2) labour costs (3) recruitment (4) sustaining a dispersed culture (5) performance management.Pay63% of employees expected to receive a pay rise of 6% in 2023 (the lowest % pay rise in 6 years)READ THE FULL REPORTThe current labour market is a confusing one and 2023 looks set to be challenging with many contradictions at play which in turn is creating a tug-of-war of work on four main fronts:Workforce: Employers are looking to balance workforce reduction, employee retention and continuous recruitment needs at all once; Work practices: The need to offer individual flexibility to all employees is often at odds with the collective need for greater productivity;Workplace: Work is shifting back to the office with the hybrid workforce spending more days in office and as employers believe employees are least productive full-time remote;Labour Costs: The rise in the cost of living is driving employee salary expectations yet at the same time employers are tightening budgets with economic uncertainty on the horizon.Commenting on workplace, Mac Giolla Phádraig adds: “The workplace has been the topic of conversation since the pandemic and employers have polarised preferences. The intense competition for talent the last two years has seen employers who favoured in-office, soften their view as employees demanded greater flexibility in a hyper-competitive labour market. As that demand recedes, those employers find their voice once more, albeit veiled in language around performance and challenges around sustainable work practices. The flexibility offered to employees now seems to be rebounding to more days in office.” READ THE FULL REPORTABOUT THIS SURVEYThe Talent Summit Pulse Survey 2023 was commissioned by Sigmar Recruitment as part of Talent Summit 2023. This is the sixth year the study has been conducted, measuring the pulse of Talent Leaders on a range of Talent Topics. 244 talent leaders from across Ireland took part in the study, comprising of senior executives responsible for talent decision making within their respective organisations, ranging from CHROs, CEOs HR Directors to Heads of HR functions such as L&D, Recruitment, Organisational Development and Performance Management.Europe’s largest HR, work and employment conference, Talent Summit 2023 will take place in Dublin’s Convention Centre on Thursday, 9 March, 2023, welcoming 1500 guests.www.talentsummit.ie
Talent Summit 2023
Talent Summit 2023
Founded at the height of the financial crisis, Talent Summit is now one of the biggest events of its kind in Europe. Sigmar CCO and Talent Summit Founder Robert Mac Giolla Phádraig talks about this year’s event, HR trends, and why the tech slump is an opportunity for indigenous firms. (Featured in The Currency)---The Currency is media partner of Talent Summit. It will be producing a series of podcasts with executive and thought leaders in human resources participating in the event. The Currency’s podcast stage is sponsored by Employee Financial Wellness a financial education and advice company supporting Talent Summit. For the full line up, tickets and more visit www.talentsummit.ie----Robert Mac Giolla Phádraig remembers founding Talent Summit back in 2011, when unemployment surged to more than 10 per cent and the country was on the brink of economic collapse.Mac Giolla Phádraig, who had co-led the management buyout of recruitment firm Sigmar just two years earlier, decided to launch National Employment Week as part of a not-for-profit effort. The aim was to connect employers who were still hiring with the tens of thousands of people who were losing their jobs amid Ireland’s economic implosion.“The idea was to set up a job activation initiative,” Mac Giolla Phádraig said. “Unemployment was peaking, and we just wanted to do something to help.”Twelve years later the event has transformed into Talent Summit, making March 9 this year an important date in the Human Resources calendar. Between 1,500 and 2,000 HR professionals attend the summit, making it one of the biggest events of its type in Europe. There are 35 speakers from around the world scheduled, ranging from Evelyn Doyle, the head of people and culture at Patagonia, to Eddie Wilson, the chief executive of Ryanair. A smaller basecamp event takes place the day before for 100 chief people officers from Ireland and overseas.During Covid-19 the event became virtual before returning to being in-person last year. HR had changed a lot during the pandemic.“People really wanted content,” Mac Giolla Phádraig said. “They were trying to figure out what was next for people strategies.”The other thing they wanted to do was convene and network. “They hadn’t been together for two years,” he said. “The conference is about the experience as much as the content. That’s why this year we’ve gone for a whole new look and feel that is flexible and open-plan for delegates.”The VHI will be operating a wellness experience, whileThe Currency, with the support ofEmployee Financial Wellness, is operating a podcast corner. Comedian Joanne McNally is closing the event at an evening reception.Mac Giolla Phádraig, the chief commercial officer with Sigmar, says that putting together the programme for this year’s Talent Summit gave him a unique insight into the challenges and needs of HR leaders.“I think it’s a very confusing labour market right now,” Mac Giolla Phádraig said. “The challenges have been largely talent-led the last two or three years. We’ve seen unprecedented levels of churn in the market with the fallout of remote working all of which is talent driven – it was all about the shortage of talent and how to retain it.“But this is now changing as the economy gets tougher. We’re seeing a lot of contradictions which is the theme of this year’s conference which is the tug of war of work.”He added: “Employers and employees can have opposite priorities. Before there was the swing of power from employer to employee but now it is moving back to the employer quite a bit.“At the same time, flexibility is going in the direction of employees and not necessarily for employers.”New opportunities and leadershipAccording to Mac Giolla Phádraig, the future of work could be thought about in a simple way: “You have a workplace, a workforce, and then work practice. Work practice is what enables and facilitates both workplace and workforce to collaborate and deliver the product or service.“The burning challenge right now is to make sense of how you can maybe be reducing your workforce, but still have pressure to recruit, while retention remains your number one priority, all under increasing cost pressures. That’s a very confusing message to manage, and a confusing strategy to execute.”Mac Giolla Phádraig said this was a big theme of the conference, not just for tech companies but also for other sectors that may be considering job cuts. The chief people officers of two of Ireland’s best tech unicorns, L. David Kingsley from Intercom, and Stephanie White, from Fenergo are both speaking at the event on how they see the HR market for tech.“We want to drill into, with them, where lies the opportunity in the current market?” Mac Giolla Phádraig said.He added that another theme of the conference was leadership development with Lise Render Nielsen from Lego and Leah Hollander from NASA among the speakers.“When you think about the talent supply chain,” he said. “You buy talent by recruiting it, you borrow it by taking on temporary or flexible people or bot it by automating processes.“Or you can build it. Building your own talent pipeline has been less focussed on in recent years and probably underinvested in, so we’re looking at what you can to increase that.”Mac Giolla Phádraig recalled the story of how President John F Kennedy visited NASA for the first time in 1962: “As he toured the facility the President met a janitor, and asked him: ‘What is it you do here?’ and he replied: ‘I’m helping put a man on the moon.’ That is being purpose driven. With the HR director of NASA we will be taking a deep dive into the driving force behind that level of purpose-driven followship and how it drives discretionary effort, the holy grail of performance.”Many technology companies, he said, had relied on a “seven-star kind of office experience” as a symbol of their culture, but now it is all about mission. “When tech companies lost that competitive advantage of the office experience they doubled down on a deep sense of purpose, their nobility in solving major problems and trying to create a kind of family feel by supporting their people’s wellbeing and so on,” Mac Giolla Phádraig said.“But we’ve had a bit of a wake up call and maybe people feel (because of redundancies) that employers aren’t family, performing well trumps wellbeing and many of their causes are a little less noble perhaps.”“When decisions are made based on the profit and loss account a business can lose its soul somewhat. I think a lot is being played out right now and it will be interesting to see where we end up over the next 12 months.“The golden handcuffs of share options were one of the main challenges in headhunting tech talent for companies who are in growth mode. But as valuations plummeted last year, we saw them change to bronze handcuffs.”People power“Talent Summit has become of the largest HR conference series in Europe.”Employees, he said, were more prepared to move, and this offered more opportunities to Irish-owned companies and startups to hire good people. “It isn’t all bad news, as indigenous tech and earlier-stage companies can now get access to international talent based in Ireland,” he said.Inflation was putting pressure on employers to increase pay, but again there was tension as the jobs market was not as buoyant as it was. “It’s another tug of war,” Mac Giolla Phádraig said. “Some employers are saying ‘We can help and support you with your financial well-being, but our job isn’t to match inflation.’ It is up to the talent market to decide who wins or loses in these battles.”Traditionally, the route to becoming chief executive officer is often via becoming chief financial officer or chief operating officer first. Talent Summit however is talking to two of Ireland’s most respected CEOs – Eddie Wilson of Ryanair and Noel Keely of Musgrave – who both came from a HR background. “The answer to the financial crisis was very much the CFO,” Mac Giolla Phádraig said. “The Chief People Officer was the answer to the people crisis and really came to the fore during the pandemic, and they’re still there.”“We’re starting to see how the perception of that function and its impact has changed,” Mac Giolla Phádraig said. “There is a new trend of the CPO moving into the CEO role, so that’s why we have two former heads of HR who have made that journey talking about this.“A lot of the problems to be solved in business are to do with people. HR has a really big impact on organisations especially when they are undergoing transformation. That’s why chief people officers are becoming of ever greater importance as leaders in companies.”Wanting something moreIn September 2022, the founder of Patagonia, Yvon Chouinard gave up his ownership of the company to a trust dedicated to fighting climate change. Head of People and Culture Evelyn Doyle is going to talk about the impact this has had on Patagonia.“She is going to talk about what it means to be a ‘for planet’ business – what challenges it has brought, and how they create a unique sense of purpose and belonging in their company. Not every company is going to go as far as Patagonia but I think it has ideas that a lot of HR leaders can adopt, and help them to think about impact in a greater way.”The Talent Summit also has a panel discussion on ESG (environmental, social and corporate governance) with speakers Laura Matthews from Bank of America and Joe Creegan from Zurich. “We want to understand what ESG means to different people in the room?” Mac Giolla Phádraig said. “In any talent decision – hiring, retaining, leading – it is about winning hearts and minds.“We want to explore the conversation not just between the employee and the employer but also the customer and society. There is a lot of talk about this, and some of it is window dressing.”He added: “We want to talk about how to create real, material, impactful strategies. HR leaders really showed up for their teams during the pandemic, but now the call to action is what impact can they have on society and making the planet a better place.”Talent Summit aims to combine access to the best HR executives, as well as thought leadership.Dave Ulrich, an author of over 30 books and one of the most influential people in the world in HR, is delivering a keynote speech on “Unleashing human capability for stakeholder value.”“Dave is the godfather of modern HR,” Mac Giolla Phádraig said. “The current HR model is the one he developed and what he is going to talk about is remodelling it post the pandemic. He will be sharing his latest thinking on what we need to do to be more competitive and how HR can have greater impact on all stakeholders.”Ireland, Mac Giolla Phádraig said, had shown it could attract the best companies and talent but it couldn’t afford to be complacent. “We have been a great home for multijurisdictional companies for over 30 years,” he said.“We do have challenges like housing and the cost of living, but we also have an innate sense of storytelling that can build and lead teams. Talent Summit has become of the largest HR conference series in Europe, and we want to make HR better and give Ireland a voice as a great place to work and build a business from.”The Currency is media partner of Talent Summit. It will be producing a series of podcasts with executive and thought leaders in human resources participating in the event. The Currency’s podcast stage is sponsored by Employee Financial Wellness a financial education and advice company supporting Talent Summit. For the full line up, tickets and more visit www.talentsummit.ie
Adie McGennis Wins Lifetime Achievement Award
Adie McGennis Wins Lifetime Achievement Award
We are delighted to announce that our founder and CEO, Adie McGennis has been recognised for his remarkable career, personal and professional standing, and in particular his achievements over his twenty-year tenure as Sigmar’s CEO. On Friday at the Employment & Recruitment Federation Awards, hosted at The Shelbourne Hotel, Adie was presented with the James Kilbane Lifetime Achievement Award. Our Sales & Marketing team were also the winners of the “Best in Practice – Sales & Marketing Recruitment” award on the night. Beginning his career in recruitment in the 90s with Interstaff Recruitment after a brief stint in London, within a few short years, Adie became Managing Director of Marlborough Recruitment. It went on to become the largest recruitment agency in Ireland and the first Irish professional services company to be listed on the stock exchange. In 2002, he left to help set up Sigmar Recruitment and since then, Adie has built Sigmar into a thriving, global company that has won over 60 awards. Adie is the ultimate servant leader; humble and sincere, measuring himself by the leaders he creates and not by his own achievements. His ethos has undoubtedly shaped Sigmar’s culture and purpose. Commenting on Adie’s achievement, Frank Farrelly, COO of Sigmar Recruitment said:“I am absolutely delighted that Adie has been recognised by the Employment & Recruitment Federation. Adie is one of the most recognizable and well-liked recruitment professionals in Ireland. In a career spanning over 30 years, he has made numerous lifelong friends and he has been one of the most collaborative and helpful people to many in the industry be they colleagues, competitors or members of the ERF. He truly embodies the spirit of this award and I am delighted to see him being awarded by his peers. Through Adie’s leadership, values, and entrepreneurial spirit, Sigmar has continued to grow and evolve as a business and will continue to do so! Thank you Adie, for all that you have done! Huge congratulations on behalf of all team Sigmar!” Find out more about Sigmar’s story here. Find out more about the Employment & Recruitment Federation Awards here.
Employers Inclusivity Toolkit
Employers Inclusivity Toolkit
This Inclusivity Employment Toolkit drawn up by the Open Doors Initiative is aimed at assisting companies working with our three groups – people with disabilities, refugees and asylum seekers and youth from disadvantaged backgrounds. Jeanne McDonagh, CEO of The Open Doors Initiative said: “We are delighted to work with Employers for Change, one of our key supported programmes, along with Atlantic Technological University, to produce this Inclusive Recruitment booklet and training. Many of our companies have asked for guidance in this space and it is a much needed resource to ensure an inclusive workplace. We wish to thank the participants who gave us their expert knowledge and experience in putting this together and look forward to engaging with companies in this important training.” In creating this toolkit, which is supported by AIB, research was carried out in partnership with Atlantic Technological University (ATU) to understand the specific barriers for people from marginalised communities when seeking employment and the best strategies for becoming truly inclusive in the hiring process.DOWNLOAD PDFSigmar is a member of The Open Doors Initiative to help provide opportunities to some of the marginalised members of our society: refugee, asylum seekers and non-native English speakers; young people under 25 with educational barriers; and people with a disability.This information is taken from the OpenDoors website.