IoD Members' Update
December 2020
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We are in the final weeks of what has been an extraordinary year. The country has moved to altered restrictions for December and, while the public health measures beyond that are uncertain and may require further action in January, there is a sense of optimism with the promise of several vaccines tantalisingly close.
In the meantime, and being cognisant of maintaining all the requisite precautions, the festive period will provide a welcome respite to take time with loved ones and enjoy some time off.
It is worth bearing in mind, however, that when we face decisions regarding presents and gifts, this year - more than any - is an opportunity to support local and national enterprises which have had such a challenging, even arduous, year. Initiatives such as Adopt a Shop have already proven successful while Retail Excellence has announced its Champion Green initiative.
Charities, too, no doubt, are bearing the brunt of a fall in fundraising income this year and would be hugely appreciative of donations to support their services, some of which are experiencing a surge in demand. Indeed, today, December 1st, the Charities Institute has launched its Giving Tuesday initiative.
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Lunch Bites @ the IoD:
Crisis Management: Lessons from the Past – Experience Matters
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In this webinar, John will discuss how all crises are different but how there are commonalities in how we deal with them. He will look at how the Global Financial Crisis in 2008 taught us a lot, but how COVID introduces a new dynamic to crisis management. John will explore the lessons that we can apply to the current health crisis which, in conjunction with new disruptive thinking, will allow us to emerge stronger.
Date: Wednesday, 2nd December 2020
Presenter: John Moran, Founder and CEO, RHH International
Time: 12:00 - 12:45
Webinar: This event will take place online as a webinar.
Cost: Free of charge. IoD members only
Reset Your Website Password
Please note, before you can book this webinar you will need to reset your login details on the new website. If you have already done this, please disregard this note. To reset your password, please follow the steps in the following news story (see below).
The Lunch Bites @ the IoD series is kindly sponsored by IQ-EQ.
Please note, there will be a live Q&A facility for this webinar.
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Get the Most Out of Your Membership
With the New IoD Ireland Website
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Once you log into the exclusive members’ area of the new IoD Ireland website you can access your own individual member dashboard, as well as being able to access a wealth of exclusive member-only content, you can also access a range of exclusive discounts and offers.
Please note you will need to reset your password before you can log in to the members' area on the new website. If you have already reset your password on the new website, please disregard the below. If you have not yet created your new login details, please follow the below steps:
Step one: browse to this IoD Ireland website page and on the left hand side of the screen in the 'Returning Members' section please press the 'Password Reset' button. Please then enter your email address to reset your password.
Step two: you will receive a ‘Password Set Request’ email. Please click on the link in this email to create your password and login to access the exclusive members’ area of the IoD Ireland website.
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Job Titles Aren’t Everything When It Comes To Wrong-doing
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McCann FitzGerald Factsheet
December 2020
Where a company is found to have committed a crime, personal criminal liability can follow. In this factsheet, we consider the test devised in the Supreme Court to identify a “manager” for the purpose of prosecuting waste offences in a judgment with implications for offences in other areas of law.
Our sincere thanks to McCann FitzGerald for their ongoing assistance in producing the IoD Factsheets.
Please note: To read this members’ only content, you must be logged into the members' area of our website. For more Director Factsheets, please visit our website.
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Webcast:
Managing Data Protection after Brexit
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This webinar was recorded on Thursday, 26th November, and has been made available to IoD Ireland members courtesy of Sytorus. This webinar reviewed the implications of the UK departure from the European Union, which is effective from 1 st January 2021, and was presented by Hugh Jones, Sytorus Co-founder and Chief Privacy Officer.
While this milestone will have implications across a wide range of industry sectors, this webinar focused on the data management implications, as well as considerations for EU-based organisations continuing to work and interact with UK-based service providers.
Mindful that negotiations between the two jurisdictions are continuing, this webinar took account of the most up-to-date view of the ongoing negotiations between the UK and the EU, with particular interest in discussions regarding the UK’s ‘adequacy’ status in terms of data security. It also included recommendations for EU-based organisations to ensure that their contractual arrangements in place with UK-based service providers are appropriate and compliant.
Please note: To view this members’ only content, you must be logged into the members' area of our website. For more webcasts please visit our website.
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An Update on the Programme for Government and the Irish Economy
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In this IoD webinar recorded on Thursday, 12th November 2020, Michael McGrath TD, Minister for Public Expenditure and Reform, gave
In his presentation, Minister McGrath gave an overview on how recent events have shaped the political and economic landscape in Ireland.
This webinar is part of our IoD Morning and Evening Briefings Series, and is kindly sponsored by Mazars.
Please note: To view this members’ only content, you must be logged into the members' area of our website. For more webcasts, please visit our website.
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Denise Harman is Vice President, Global Customer Group, CWT. She has been involved in the travel industry since she joined Aer Lingus in 1989. Denise moved to American Express in 2004 and joined her current company CWT as Country Director in 2014. CWT is a business-to-business-for-employees’ (B2B4E) travel management platform. Companies and governments rely on CWT to keep their people connected – and across six continents, it provides their employees with innovative technology and an efficient, safe and secure travel experience.
What is the most important lesson, from your personal or business life, that has guided you the most in being a business leader?
The most important lesson I have learnt is that when dealing with a challenge, how crucial it is to ensure you view it from every angle. By putting yourself in the other person’s shoes, so to speak, it makes it easier to see where the issues may lie and to agree a way forward together, one that creates the best possible outcome, while leaving no one behind. Communication is key. My experience has shown me that, when we get unstuck, it’s usually as a result of miscommunication or a lack of understanding of what we’re trying to achieve. Being open and transparent, so everyone knows what is expected and how their role will help deliver the result, is absolutely critical.
What do you hope to gain from your membership with the IoD?
As a new member of the IoD, I am looking forward to completing the Chartered Director Programme during 2021 and the opportunity to forge new connections with fellow members.
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Deliver Results for Your Board
IoD Ireland Board Evaluation Service
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Avail of the IoD Ireland Board Evaluation Service to learn how effectively your board is executing its roles and responsibilities.
Through the lens of best practice governance standards and your organisation’s business context, IoD Ireland's experienced Board Assessors examine how effectively your board and board committees are operating.
The service is efficient , robust , and completely confidential . It has an average completion term of just six weeks. Furthermore, the entire process can be undertaken virtually.
Our team of Board Assessors include Chartered Directors and/or governance specialists - Dr Margaret Cullen, Carol Bolger CDir, Marie Collins CDir and Clare Duignan. Our Assessors have worked across sectors as diverse as telecoms, financial services, hospitality, property, healthcare, communications, construction, energy, and education.
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The IoD Blog:
Cyber Security Roles and Responsibilities for the Board of Directors
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In this blog entitled, 'Cyber Security Roles and Responsibilities for the Board of Directors', Roisin Cahill, Head of Managed Service, IT Force, writes that, 'cyber crime can incur huge monetary losses on the part of a company, not forgetting the reputational impairment induced on its business. As a result, businesses acknowledge that cyber security is not a responsibility restricted to IT departments only. Today, a company’s board of directors has a role in promoting overall organisational cyber health.'
Roisin then outlines some of the key cyber security roles and responsibilities attributable to the board of directors.
Please note: To read this members' only content, you must be logged into the members' area of our website.
Previous blogs are also available on our website. If you are interested in contributing to our blog or for further information, please contact Paul O'Mahony at [email protected] or call 01 411 0010.
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Welcome to Some of Our New Members |
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Patrick Kierans, Founder, dyjaho
Michal Siwiec, Internal Audit Manager, Non-Executive Director, Chair of the Audit Committee
Pedro Gato, Partner, Parangon Partners
Caoimhe Giblin, Commercial Director, ElectroRoute and Non-Executive Director, Greencoat UK Wind plc.
Noelle Condon, Chief Financial Officer, National Asset Management Agency
Frances Torsney, Aspiring Non-Executive Director
Jason Finnerty, Western Europe Technology Outsourcing Lead and Ireland Technology Head (Commercial Investment Banking), J.P Morgan
Michelle O’Sullivan, Owner of MOS Consulting, Coaching, Mentoring & HR Consulting.
Denise Harman, Vice President, Global Customer Group, CWT
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Director Sentiment Monitor Q3 2020 |
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Our Q3 2020 Director Sentiment Monitor survey shows that for business leaders their main concerns with staff working remotely include, the isolation of staff (31%) and the potential of teams working in silos or a lack of cohesion of teams (31%).
The new research also found that 64% of business leaders believe the majority of their staff will be back in the company workplace by the end of September 2021. Furthermore, a small majority of business leaders (39%) believes remote working has been a positive and productive experience for their organisation, while 24% say it has not and 35% are undecided.
The Monitor also includes other findings in relation to cyber security; Brexit; the USA election; business confidence and financial performance; and much more.
Thank you to all of you who participated in this survey.
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The IoD Blog:
The Importance of Marketing at Every Stage of a Business Journey
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He says that, 'Marketing isn’t like other business functions. It’s not bound by rules set down by some governing body; it can’t be inputted into Excel spread sheets; it doesn’t even have to be a function at all.'
Please note: To read this members' only content, you must be logged into the members' area of our website. For more blogs, please visit our website.
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On the Bright Side…
Positive News in Business
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While there may be many negative business stories in the news recently, there are also plenty of positive ones. Here are just 10 stories we have selected:
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IoD Chartered Director Programme: Cancellation List in Operation for January 2021 Start
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The IoD’s Chartered Director Programme offers a unique qualification for directors and strategic business leaders in Ireland. Combining learning and professional experience, the Chartered Director Programme will equip you with the all-round skills, knowledge and understanding essential to effectively and successfully lead your organisation. Join over 1,200 senior business leaders who have already undertaken this prestigious programme.
The Chartered Director Programme has two commencement points in each calendar year, January and September. All four January 2021 start programmes are now fully booked. However, a cancellation list is in operation so those interested in being added to the cancellation list can do so by beginning the application process here: Expression of Interest.
Please note, submission of this Expression of Interest Form does not constitute an offer of a place on the Chartered Director Programme and is an indication of your interest only in joining the programme, nor does it place any obligation on the applicant to accept a place on the programme.
The next opportunity to commence the Chartered Director Programme will be September 2021, with Cohorts 70 and 71.
*Subject to Government health guidelines and other public health requirements, this programme will be delivered in a classroom setting. However, online/virtual delivery will be considered where appropriate or necessary.
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The Advantage Line - Lessons From Disruption
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Jamie Heaslip is a former professional rugby player, who played for Ireland, Leinster, and the Irish and British Lions. Jamie is now an Investor, Entrepreneur, and Performance & Wellness Coach.
In this webinar, Jamie discussed the following key elements:
- Lessons we can learn from COVID-19 to help us maintain a transient advantage going forward.
- How not to let a "good crisis go to waste".
- Handling change and disruption going forward.
- How to implement a successful team culture in your organisation.
The IoD Morning and Evening Briefings Series is kindly sponsored by Mazars.
Please note: To view this members’ only content, you must be logged into the members' area of our website. For more webcasts, please visit our website.
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Policy and Announcements Hub |
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Cyber Resilience: A Priority for Board Members
The Irish Computer Society has produced a report entitled, 'Cyber Resilience: A Priority for Board Members'. The report highlights key issues arising from a survey of board members of Irish organisations, highlighting serious vulnerabilities, including the surprising lack of training of board members.
Central Register of Beneficial Ownership: System Upgrade Notice
Due to the Companies Registration Office's scheduled system upgrade, the RBO Portal will be unavailable from Fri 11th-Tues 15th December 2020 inclusive. The five month RBO filing deadline for entities incorporated in the period 11th-15th July 2020 will move on to 16th December 2020. CRO update information.
Preparing for Brexit
Enterprise Ireland has a dedicated web portal covering all the key essentials regarding Brexit, including webinars, toolkit, readiness checker, insights, supports and online customs training.
Brexit Supports for Small Business
As hubs of expert advice, information and practical supports, dedicated Local Enterprise Office teams can help you manage your Brexit response through a range of supports including customs training, one-to-one mentoring, financial supports, and more.
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IoD and Members in the News |
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RTE 2FM: News bulletins - Staff Isolation Highlighted in IoD Survey (audio clip no longer online)
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IoD Member Benefits
Exclusive Access to the IoD Ireland Tax Panel
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IoD Ireland members can avail of a free tax consultation from the IoD expert Tax Panel.
What is the IoD Ireland Member Benefit?
The Institute of Directors’ Tax Panel comprises a group of professionals offering advice on corporate and personal tax matters. IoD members can avail of an initial consultation, free of charge, either by telephone, or in person, with any member of the Tax Panel seeking advice on corporate and personal tax matters.
Benefit Availability
This offer is available to members only.
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A Wealth of Exclusive, Original Content Available Now on the IoD Website
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The IoD Ireland website hosts a wide range of timely expertise, resource documents and newly commissioned content.
By logging on to the new website, you will also have access to the latest range of exclusive member-only content, as well as the member resources and guidance section and company secretariat section. These two website sections include a wide range of content including: our blog series with thought leaders and experts; Director Factsheets analysing key issues directors should be aware of; the latest available event presentations and webcasts from our webinar series; videos; Director FAQs; as well as other key governance publications and resources. It will also grant you access to our expert Tax and Legal panels.
Please note: To view this members’ only content, you must be logged into the members' area of our website.
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COVID-19: Information and Resources |
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Ireland is Moving to Level 3 in December
Ahead of the festive period, Ireland is moving to Level 3 in three stages from 1st, 4th and 18th December. You can read more detailed information about the measures from the Department of the Taoiseach.
Government Supports for COVID-19 Impacted Businesses
There is a wide range of supports available to help businesses impacted by the COVID-19 crisis. Visit the Department of Business, Enterprise and Innovation website for more information.
COVID-19 Data Hub
The information presented in the Data Hub is based on official figures provided by the Health Protection Surveillance Centre (HPSC) and the Health Service Executive (HSE). Datasets, charts and maps are updated on an on-going basis and in line with newly published data.
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Follow our company page on LinkedIn for the latest updates. |
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Follow our latest updates at @IoDIreland and #IoDevents.
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