There can be no denying that the Irish economy has benefited hugely from foreign direct investment, particularly from the US. The statistics speak for themselves; today there are 700 US companies with Irish operations directly employing 165,000 people. But, the historical economical and political US-Irish relationship works both ways. With Murphys, Kennedys and O’Neills making their presence known in boardrooms the length and breadth of the 50 States, Ireland is well represented in the highest echelons on US soil. Likewise, the statistics on that side of the Atlantic speak for themselves; there are also 700 Irish companies with operations in the US who employ 100,000 US citizens.
Recent changes to the political environment in the form of US protectionism has undoubtedly threatened our status as the location of choice for US companies, making up 12.1% of US FDI investment into Europe despite accounting for just 1% of the entire European economy. At a time of green shoots growth in the aftermath of one of the worst recessions the State has known, this hard won reputation in now in jeopardy.
Speaking at the Boston College Ireland Business Council symposium, John Harthorne, CEO MassChallenge described protectionism as grabbing the largest slice of the pie. The responsibility of leadership should be to increase the size, not of the slice, but of the pie itself.
So, what can business leaders do? Well, of course we can leave it to the Government and State agencies to do their job, or else we can get out there ourselves and deliver the message that Ireland is still a great place to do business.
That is exactly what Ireland Gateway to Europe did on Wednesday April 11, 2018, when a delegation of more than 40 Irish business leaders arrived in Washington to deliver the message that Ireland’s trade partnership with the US is stronger than ever, is truly bilateral and that Ireland remains the location of choice for FDI in Europe.
Ireland Gateway to Europe met with their US counterparts and political representatives on Capitol Hill with the purpose of strengthening existing business relationships and create new ones.
This initiative is a not-for-profit annual trade mission made up of professional advisory firms who travel the US annually to provide a secure resource network for business expansion to help US investment succeed in setting up operations in Ireland.
Founded in 2012 as a response to the economic challenges at that time of global recession, Ireland Gateway to Europe is now in its seventh year of US, UK and global trade missions. Ireland has traditionally enjoyed a particularly strong business, cultural and political relationship with the US. However, in light of the recent announcements of trade tariffs, data privacy, immigration and other protectionist policies, our concern is that there may be a perception that Irish-US trade linkages may have subsequently diminished. The fact of the matter is that the transatlantic economy grew stronger, not weaker over the past year, as did Irish -US trade with US exports to Ireland up 9% and imports to Ireland up 6%.
While the Washington mission was the focal point of the 2018 trade mission, the second leg of the trip saw the group travel to Boston to engage directly with the US business community at the stateside launch of the transatlantic Boston College Ireland Business Council (BCIBC).
Having launched this side of the Atlantic in Dublin last October, the US BCIBC launch took the form of a Global Leadership Symposium where US CEOs met with their Irish counterparts. The event looked at Global Leadership, where a panel of global CEOs discussed how they, as a transatlantic leadership community, can create opportunities against the backdrop of economic challenges.
The purpose of the BCIBC is to establish new, and strengthen existing, transatlantic business ties between the two countries, and it is designed to enhance transatlantic business between the US and Ireland through creating connections that allow for entrepreneurial ventures to grow and prosper.
The Global Leadership Symposium is one of a series of planned BCIBC CEO Exchange events that will take place twice annually over the coming years, both in Ireland and in the US. The nest event is scheduled for Dublin this coming October.
Founded by the Global Leadership Institute, Boston College, and Ireland, Gateway to Europe, and Chaired by Neil Naughton of GlenDimplex, the main aim of the BCIBC 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 artery.
By establishing the BCICB, the tight commercial and social bonds we share with the US can be strengthened and build upon bilaterally, business to business, in spite of any potential external or internal protectionist political policies. It’s widely known that cultural ties between Massachusetts and Ireland are deep but possibly lesser known are the strength of economic ties with 11,000 people employed by Irish companies there and Ireland being the 6th largest exporter from MA.
With threats from the uncertainty of the Brexit situation ringing in our ears from the East and murmurings of protectionism coming from the West, Ireland is again in a unique position to act as the economic transatlantic hub.
What will the future hold? As it stands nobody knows for certain, but the community of transatlantic business leaders has a collective, critical role to play to ensure the future foundation of business relations is maintained for generations to come.
Those business relationships benefit both Ireland and the US. Let’s both grow our slices of the pie by growing the pie itself.
Article featured on The Business Post
Posted by Robert Mac Giolla Phádraig on 10 May 2018
Paris2Nice 2022 is done. Our team arrived in Nice after cycling a gruelling 750km over 6 days, through wind, rain, lightning and (thankfully) lots of sun. Taking in beautiful French scenery, iconic places, a huge mountain (Mont Ventoux) to finally see the Med. A tough, challenging experiance with a few hairy moments, but mainly a joy shared with 64 amazing people all fundraising for very worthy causes. Sigmar Recruitment/Groupe ADEQUAT team have completed this challenge to raise money for Saplings Special School in Kilkenny, who desperately need funds to help make their facilities fit for supporting the children in their care who have autism and other special needs. Thank you to all those who have already donated (so many of you...amazing!). If you've meant to, but haven't yet, you can still do so: https://lnkd.in/epcB8gpV Finally, a massive congratulatiosn to all the cyclists and teammates for the huge support throughout the week. An incredible achievement and one you should all be very proud of!
What Is LinkedIn?
What Is LinkedIn?
It’s difficult to comprehend what our lives in 2022 would be like without the various platforms and interconnectable mediums we use every day. The Nokia 3210 has been replaced by the iPhone. TV Cable has made way to streaming platforms, and much of our music is consumed via Spotify, iTunes and YouTube. However, the most poignant example of the increasingly connected age we live in is that of Social Media. In the race to dominate the social platform, businesses are constantly updating their sites and apps with new ways to digest content, integrating features such as videos, shops, posts, blogs and stories. Though the intention of drawing in a diverse clientele is understandable, it results in a saturation of the market, thus making it difficult to ascertain the USP of a certain platform. Snapchat’s quick photo/story update features can now be found on Instagram, WhatsApp and Messenger command our 4G instant messaging services, and Facebook, well, Facebook does everything. However, there is one of few platforms that’s focus has managed to remain consistent since its creation, and that platform is LinkedIn. LinkedIn is the world's largest online professional network. You can use LinkedIn to find the right job or internship, connect and strengthen professional relationships, and learn the skills you need to succeed in your career. In essence, LinkedIn is the main social media hub for employers and businesses. For some, checking LinkedIn every day is like checking the newspaper, except unlike other social media platforms LinkedIn is optimised, professional, well presented, practical, focused and ultimately good. Now I have not been monetarily compensated by LinkedIn to write anything on their behalf, however I do believe that the importance of LinkedIn cannot be stressed enough, especially if you are looking to progress into the upper echelons of the corporate world. To those who have yet to utilise this platform, or simply want an overview of what it is and how it works, read on. Who Should Use LinkedIn? Given that the main focus of the site is to connect businesses, establish relationships and help companies advertise jobs, your average LinkedIn user will fall into the category of ‘business professional.’ It is a platform for people looking to advance their careers, including people from various professional backgrounds, small business owners, students, and job seekers. LinkedIn members can use the platform to tap into a network of professionals, companies, and groups within and beyond their industry. Though LinkedIn’s homepage features a feed where users can post updates and developments in their personal lives as well as photos and videos, the content still centres around the professional working life, so you may have to look elsewhere to get your cute animal fix. Why You Should Join LinkedIn LinkedIn is the key that will open the door to the interconnected landscape of business. Your profile will display your various accolades, previous work experiences, qualifications and personal bio, along with any personal hobbies and interests you wish to share. Now you might be thinking this sounds a lot like the criteria one would find on a CV, and that is not an unfair comparison to make. Many job seekers use LinkedIn as their primary tool of self-marketing to send to companies who have advertised jobs, and employers can use it to search for candidates and present them with opportunities to work. Thus, a fleshed-out, optimised and slick LinkedIn profile can prove to be an invaluable tool as you progress through your professional life. Where Do I Start Like many social media platforms, the best way to learn more about the features of the site is to simply jump in with a freshly created profile and click your way around the site's menus. However, we have a few suggestions to get you started: 1. Create a Profile Though this may seem obvious, LinkedIn does allow you to explore most of what the site has to offer without the need of completing a profile. However, having a cprofile will allow the algorithm to tailor your experience on the site to your own personal preferences. Jobs advertised will become more closely linked to your current profession, and industry-related content will appear more frequently on your feed. Naturally of course, if you already have a reason in mind for signing up to LinkedIn, then one assumes your profile is ready to go. Do take time when creating your profile. As previously mentioned, LinkedIn can function as an online CV, so consider this when uploading a profile photo and writing your bio. Include all relevant experiences and skills you have within your profession to add further employability to your page. 2. Build your Connections The network you create will play a crucial part in unlocking the power of LinkedIn as it will help you understand what is happening in your industry and professional circle. You can begin by adding your family, friends, past or current classmates, and co-workers to your network. You can also follow people, companies, or topics by navigating directly to the "Follow fresh perspectives" page, which displays recommended sources to follow. 3. Browse the Catalogue of Jobs The job search is one of the standout features of LinkedIn. You can use the job search to research companies in preparation for an interview, reach out to hiring communities or simply see what current roles are being advertised for. LinkedIn is one of the top platforms when it comes to advertising vacancies, so there’s a high chance a specific role or a role in a less well-known or advertised industry will appear in your searches. You can also save job searches and/or notify your connections and recruiters that you’re open to job opportunities. 4. Engage in Conversation Though LinkedIn as a platform caters more to the professional world than traditional social media, you can still connect and talk to people as you would on any other platform. Feel free to engage in updates and posts from the companies or individuals you follow. This can even work as a catalyst to establish further connections with new like-minded individuals. 5. Post Content And finally, post stuff! Don’t be afraid of uploading content onto your page. Keep your connections updated with any recent developments in your professional career, reach out to industry experts for advice, stimulate debate and even alert people to vacancies in your place of work. In Conclusion LinkedIn is an invaluable tool used by many as a catalyst to progress further in their working life. The benefits of LinkedIn should never be understated, and once you’ve begun to explore the site and engage with content, you’ll wonder how you ever navigated the job market without it.
Guides for Employers As the crisis in Ukraine worsens, many employers may wish to offer support and employment to those coming from Ukraine. We have some guides to assist you should you wish to support and employ someone from Ukraine that has arrived in Ireland. Finding Work for Ukrainians Settled in Ireland - An Employer’s Guide (PDF) Master Contract of Employment (Ukranian) (PDF) Ukraine Cultural Competency Guide (PDF) Tech Link Ukraine TechlinkUkraine.org is a Not for Profit organization signposting those with tech skills that have been displaced by the war in Ukraine to employment opportunities. Our mission is to connect individuals to opportunities and enable them to happen. Download PDF
Ireland Gateway To Europe 2022
Ireland Gateway To Europe 2022
Sigmar Recruitment were proud to lead Ireland Gateway To Europe, the largest ever private sector trade mission with over 70 Irish business leaders to Chicago and Boston, joined by former Taoiseach Bertie Ahern, from April 5-9th 2022. View Week in Review PDF The Sigmar and Groupe Adéquat Team at Ireland Gateway To Europe 2022 CHICAGO The delegation visited Northwestern University for a tour of the Athletics department before lunch with Coach Fitzgerald and his team, in advance of the Aer Lingus College Football Classic taking place in Dublin this August. The group then attended a special session where Dean of Kellogg School of Management, Francesca Cornelli, interviewed former Taoiseach Bertie Ahern about his role in the peace process. BOSTON The group headed to Boston the next day firstly attedning the Boston College Ireland Business Council (BCIBC) Dinner. We were delighted to welcome, one of Ireland's most respected global entrepreneurs, Rosaleen Blair, CBE to the board of the BCIBC where she was joined in conversation with CEO of Globalization Partners Bob Cahill and CEO of DraftKings Inc. Jason Robins on Today's Leadership for Tomorrow's Work at the BC Club. The event was moderated by Sigmar CCO, Robert MacGiolla Phádriag. The next morning, Drift kindly hosted the Transatlantic Tech Leader Breakfast where we were joined by one of Irelands most exciting tech leaders, founder of Woebot Health, Alison Darcy and CEO & Founder Compt, Amy Spurling along with Boston City's tech leaders, moderated by Sigmar CCO, Robert MacGiolla Phádriag. Sigmar CEO Adie McGennis (above), Sigmar Director Mike McDonagh (below) At lunchtime, Silicon Valley Bank, kindly hosted the joint BCIBC & Boston College CEO Club Lunch with two pioneers of the future of work, Eric Mosley, CEO of Irish unicorn Workhuman in conversation with Rosaleen Blair, CBE, before the group attended private event hosted by Edward M. Kennedy Institute for the United States Senate. A huge thank you to our delegates, members of Ireland Gateway To Europe, hosts, partners Newstalk, Business Post and sponsors on both sides of the Atlantic. Listen to all of Newstalk's coverage of our trip