In the wake of Budget 2019, directors of Irish businesses have signalled a warning to the Government, believing that we are likely to experience another economic crisis in the next five years, according to the most recent IoD Director Sentiment Monitor.
Addressing an audience of 600 business leaders at the Institute of Directors (IoD) Autumn Lunch in Dublin today, Tony Smurfit, Chief Executive Officer, Smurfit Kappa Group, spoke of the importance of the people you surround yourself with, both in terms of advisors and the substantial role of the company’s directors and Board and the part they played in recent events.
A report published today by the Institute of Directors (IoD) in Ireland and conducted by Amárach Research, reveals that whilst 59% of boards have increased their focus on culture in the last 5 years, many are failing to treat it with sufficient rigour to sustain the business into the future.
Effects of Brexit, labour shortages, political/economic uncertainty remain chief risks.
As the Dáil enjoys the start of the summer recess, directors of Irish business have raised a warning flag to the government believing that the economy is overheating according to the Director Sentiment Monitor, a quarterly survey of director sentiment by the Institute of Directors in Ireland (IoD).
Imelda Reynolds, Chairperson of Beauchamps, and John Reynolds, Chairman of Cairn Homes plc, have been appointed to the board of the Institute of Directors in Ireland.