Latest Economics Commentary from Simon Barry and His Team at Ulster Bank

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Highlights from this week's commentary on the economy and financial markets from Ulster Bank Economics team Simon Barry and Ricardo Amaro.

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Why Absenteeism Is Driving Flexible Working Uptake

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Do you know that stress levels, chronic health disorders, and high absenteeism rates cost companies nearly $450-$550 billion annually? IFEPB reports that stress, less focus on-the-job, physical health concerns and absenteeism are the top barriers negatively impacting the workplace. But there's another change afoot. Here's why absenteeism is driving flexible working uptake:

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How Prepared Are Firms to Deal With a Post-Brexit Scenario?

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The latest research by InterTrade Ireland has been released with some interesting findings about how prepared firms are to deal with a post-Brexit scenario:

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9 Things That Can Prevent Your Career Success

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Reputation is everything, and with today's always-on social media-driven world, your reputation can be damaged by what your profile does or doesn't say. But social media aside, here are 9 other things that can prevent you from having career success:

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Latest InterTradeIreland Business Monitor Shows that Business Uncertainty isn’t Confined to Brexit

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The latest InterTradeIreland Business Monitor shows that business uncertainty isn’t confined to Brexit. Brexit is still the biggest concern on the minds of most SMEs (44%) but it’s worth noting that other issues are rising in significance, for example, rising costs are a concern for over a third of SMEs (36%) while cash flow is an issue for 32% of firms. 

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Tips on Preparing Your Fleet Vehicles For Winter

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Maintaining your fleet’s performance, both in terms of your business as well as the general performance of the vehicles themselves, is an important factor in helping your business continue running throughout the very coldest months. Here are a few ways you can prepare your fleet vehicles for winter.

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4 Reasons Why Employee Recognition Is Important For Managers Too

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It can be a lonely place at the top. The buck stops here, there can be few people to truly rely on and it’s often a cut-throat, dog-eat-dog environment too around the highest boardroom in an organisation. There are good reasons to make sure managers are recognised just the same as employees. Here are 4 reasons why employee recognition is important for managers too:

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Business Event Focus: Momentum 2019 Kicks Off With a Bang

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The next Dublin Chamber Momentum event for businesses takes place Tuesday 29th January at Dogpatch Labs, supported by Ulster Bank. We asked the Chamber to tell us a bit about the upcoming event:

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Chain Reaction: Paul O’Regan Shares Top Tips for Exporters

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Paul O’Regan is chief operations officer and harbour master at Port of Cork. We caught up with Paul to ask him a few questions about his views on exporting, Brexit and for his tips for those looking to export. Read on to find out his top tips for exporters in the latest piece in our Chain Reaction series:

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How Business Owners Can Help Employees With Addiction Problems

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With an increasing number of people struggling with substance abuse and addiction today, the chances of the problem finding its way to the workplace are high. And it isn’t just the employee that grapples with the issue, the company and consequently the economy suffers too. That is because employees with addiction problems are typically less productive, more likely to view their jobs negatively, use more sick days, make more mistakes, file employee compensations claims and have problems with supervisors. Here's how business owners can help employees with addiction problems:

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A Simple But Powerful Framework For Formulating Market Entry Strategies

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Choosing the best way to enter a market is no simple task. Should the market entry objective be rapid acquisition of significant market share or stay below the radar to secretly build market share? There is no single strategy to fit all companies, products and markets. However the following framework can be used to guide decisions about the right market entry strategy for your venture. This is a simple but powerful framework for formulating market entry strategies:

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5 Reasons Why Businesses Don’t Recognise Employee Efforts (and 5 Reasons Why They Should)

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Despite the years of study in the field of employee engagement highlighting the benefits a sustained recognition program can have on a business and its workforce, it’s still common to find a company that so far is yet to act on the research. In fact, research by ACCOR found just one in four business leaders actually have an engagement strategy in place for which recognition can play a major part. Here are 5 reasons why businesses don’t recognise employee efforts (and 5 reasons why they should):

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5 Ways For Making Training and Development for Employees Even Better

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Workplace training doesn't have to be boring or just a paper exercise. New techniques and methods can be applied to engage your employees while bringing other benefits to the workplace. Here are 5 ways for making training and development for employees even better:

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How Can I Protect My Business From Cyber Attack?

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Cybersecurity is a common concern for businesses across the globe. Attacks on company systems can cause severe disruptions to everyday processes, delay delivery of services, put sensitive data (both employees’ and clients’) at risk, and ultimately damage the target enterprise’s reputation. In some instances they have even forced businesses to close due to the costs of such an attack. Have you been wondering "how can I protect my business from cyber attack"? Read on for some tips.

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5 Ways to Reduce Your Business Fleet Running Costs

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When you run a business that is reliant on a fleet of vehicles, that fleet can often be one of the most expensive costs your company faces. From petrol to services and MOTs, ensuring your fleet is up to scratch and performing safely is a hugely important consideration if your business is to run smoothly. Here are 5 ways to reduce your business fleet running costs:

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How to Protect Your Company From a Data Breach

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2017 was really “the year of the data breach”, seeing a higher than ever level of data breaches in companies across the world. All businesses can be affected, and because the cost of a potential breach can be very high, extra attention needs to be paid to potential data breaches and cyber security. Here's how to protect your company from a data breach:

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Why Employees Should Play an Active Part in Organisation Redesigns

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A global e-mail goes around to the whole company, announcing that the senior management have drawn a new organisation chart and front-end staff are being cut. It doesn’t have to be this way, yet it’s a typical scenario across organisations. I’ve personally been on the end of such moves numerous times in my career as an organisation design consultant and I have never seen a positive version of it that doesn’t damage moral and the psychological contract of the survivors. Here is why employees should play an active part in organisation redesigns:

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Are You An Effective Team Leader?

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It's right to expect the best from your staff, but do you know how to achieve this? Are you an effective team leader? Try these ten top tips to become more effective as a leader:

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Marketing to Generation Z: How to Sell to The Consumers of Tomorrow

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Marketers talk a lot about millennials. And, yet, the oldest members of the next generation – Generation Z – are starting to make their first online purchases. In fact, Generation Z is expected to collectively spend $200 billion in 2018, and by 2020 account for 40% of consumers. Here's a quick guide to marketing to Generation Z: how to sell to the consumers of tomorrow:

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Irish Exporters Supply Chain Seminar Series Continues in Cork

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The third large Seminar in a series of 8 Supply Chain Seminars and Roundtables for Irish exporters is taking place on September 28th in Cork. We asked the organisers, the Irish Exporters Association, to tell us a bit more about this business event.

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