Industry & Business

Irish CEOs see disruption as opportunity for their business

 Breaking News
  • SEAI and OPW Partner on Energy Saving Pilot Programme The Sustainable Energy Authority of Ireland (SEAI) is working in partnership with the Office of Public Works (OPW) to help make government buildings more energy and cost efficient with the added benefit of making them warmer and healthier places to work. The Central Government Building Upgrade Fund, funded by SEAI and administered by the OPW, [...]...
  • British Institute of Facilities Management Ireland Region Awards Launched The search is on for top facilities management talent across Ireland as the British Institute of Facilities Management (BIFM) Ireland region launches this year’s BIFM Ireland Region Awards. The prestigious awards will be celebrated at the industry body’s 21st annual FM Summit which returns to the newly refurbished National Stadium at Windsor Park in Belfast [...]...
  • Keelings Raises Over €15,000 For Dyslexia Association of Ireland Keelings, Ireland’s leading producer and supplier of fresh fruit, has raised €15,556.50 for Dyslexia Association Ireland. Founded in 1972, the Dyslexia Association of Ireland works with people affected by dyslexia, by providing information, offering appropriate support services, engaging in advocacy, and raising awareness of dyslexia. Dyslexia is a learning difficulty, which affects the capacity for fluent and [...]...
  • New Directors Steer MaREI’s Vision For Ireland as Energy Leader MaREI, Ireland’s national centre for marine and renewable energy research and development, has appointed UCC professors Brian Ó Gallachóir and Jerry Murphy as its new co-directors, after the Citizens’ Assembly recently turned its attention to tackling climate change. The Assembly’s efforts align with MaREI’s vision to make Ireland a global leader in marine and renewable energy [...]...
  • ABP Food Group in £22 Million Renewable Energy Project A £22 million investment by ABP Food Group’s renewable division in a green energy plant in the UK will produce enough sustainable energy to power the equivalent of 12,000 homes.  ABP’s renewables division, Olleco, has just opened the new 15 MW Anaerobic Digestion facility in Aylesbury, Buckinghamshire. The ABP Food Group facility is located adjacent to [...]...

Irish CEOs see disruption as opportunity for their business

Irish CEOs see disruption as opportunity for their business
June 14
09:00 2017

A new survey by KPMG has found that the majority of Irish CEOs (90%) see disruption as an opportunity, not a threat, to their business. While just four in 10 Irish CEOs are confident about growth in the global economy, 84% say they are confident about growth in the domestic economy and 93% are confident of growth in their industry, according to KPMG’s CEO Outlook for 2017.

The study found that 60% of Irish CEOs believe geopolitical uncertainties are having a greater impact on their business than previously seen. Separately, CEOs in the Republic of Ireland are significantly more optimistic about economic growth (84%) than those in Northern Ireland (40%). More positively, the number of Irish CEOs who expect to increase headcount over the next three years has also increased from 32 to 43%.

Shaun Murphy, Managing Partner of KPMG said: “What is clear from this year’s survey is that many Irish CEOs are optimistic about the future of their own business, despite doubts about the global economy. From the uncertainty of Brexit, the threat of protectionism and the challenges of new technology, Irish CEOs are accustomed to risk and are using it to create new opportunities.”

Other findings

97% of Irish CEOs want their own business to be the ‘disruptor’ in their sector.

73% of Irish CEOs are increasing penetration in established markets, making this the top priority for growth with Germany (77%) as the most targeted market.

60% of Irish CEOs believe that levels of trust in business will stay the same or decline in the next three years.

About Author

editor

editor

Related Articles






New Subscriber





Subscribe Here



Advertisements
































National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4