Irish hospitality industry

The struggles facing the Irish hospitality industry today

The Irish hospitality industry, long a cornerstone of the country’s economy and culture, faces significant and varied challenges today. Known for its bustling pubs, cosy B&Bs, and unforgettable nights out, the industry is now grappling with a series of economic, social, and logistical pressures. Rising costs, labour shortages, and shifting consumer behaviours are causing strains […]

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low-cost fintech

Demand for transparent, low-cost fintech solutions on the rise in Ireland

A new report reveals that high banking fees for basic services, like account maintenance and ATM withdrawals, are a significant source of frustration for three-quarters of Irish adults and there is a demand for low-cost fintech solutions. Additionally, one in four feel that banking and international fee structures lack transparency. The findings, from the second […]

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Multigenerational workplaces

Essentials insights leaders need in multigenerational workplaces

Today we have multigenerational workplaces. From the Silent Generation to Generation Z—leaders face the challenge of nurturing an inclusive environment that enables collaboration and maximises everyone’s potential. Rather than leaning on generational stereotypes, effective leaders focus on connecting diverse perspectives and leveraging each generation’s unique strengths. According to a study by the Centre for Creative […]

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leaders

Leaders simply can’t always be right in business

Being an effective leader involves recognising it’s impossible to be right all the time. Constructive conflict should be embraced in business. In fact, sometimes “no” is ultimately more useful than ‘yes”. The best managers and leaders in the business world, seek and accept critical feedback from trusted colleagues to maintain a balanced perspective. Recognising that […]

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long-term and short-term strategies

How to balance long-term and short-term strategies

You can’t grow long-term if you can’t eat in the short term. Any successful business has to balance two different time horizons; long-term and short-term strategies. In the short term, a business needs to cover its costs, pay salaries and function on a day-to-day basis. However, if it focuses too much on the present, there […]

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neuromarketing

Neuromarketing: What is it and how can it be harnessed by your firm?

Neuromarketing is a field of marketing that combines neuroscience and psychology to understand consumers’ subconscious reactions to marketing stimuli. Neuromarketing uses knowledge about the way our brains are structured and how they interpret the world around us and make decisions in order to develop more effective marketing practices. By studying brain activity, eye movements, and […]

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digital lead generation

How to build a digital lead generation strategy for your firm

Building a digital lead generation strategy involves several key steps to attract, engage, and convert potential customers into leads. Define your target audience Understanding who your ideal customers are will help tailor your marketing efforts. Conduct market research to identify the demographics, preferences, and pain points of your potential customers. This information is crucial in […]

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fear of failure

How do managers and business leaders get over their fear of failure?

Most people have a fear of failure, and this can impede decision-making and stifle innovation. However, addressing this fear is crucial for effective leadership and fostering a healthy organisational culture. Effective managers embrace a growth mindset. This involves viewing failures as opportunities for learning rather than as definitive setbacks. Encouraging this perspective among team members […]

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strategy

How to align your team on executing your firm’s strategy

Aligning your team with your firm’s strategy is essential for achieving organisational goals and ensuring cohesive execution. The process begins with clear communication. The management team needs to be able to articulate the strategy in a way that is understandable and relevant to each team member. This involves breaking down complex strategic goals into specific, […]

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sustainable leadership

Situational leadership and how it can improve your management skills

The approach that you take to managing your business often needs to change and adapt to changing circumstances. Situational leadership is a flexible and adaptive approach to managing teams, emphasising that there is no single best way to lead a team of people. The situational leadership model argues that effective leadership depends on the specific […]

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