Bizz Around the World
For our monthly look at some of the week's international stories that might have escaped your attention, Emma is joined in studio by Siobhán O'Connell of Business Plus Magazine & BizPlus.ie.
Fidget Spinner - Liam Geraghty
Nevermind Trump, Brexit & the FG leadership contest, there is only one thing on everyone's mind & that's Fidget Spinner! Liam Geraghty has been taking a look at the latest toy craze sweeping the county & the world!
The Business of Festivals - Evelyn O'Rourke
The Irish festival calendar has been thriving, with events big & small happening every weekend across the country & hardy perennials like the Galway Arts Festival & Waterfor Spraoi on the horizon. Evelyn O'Rourke has been finding out more about the setting up of festivals & joins Emma in studio.
Bike Tech - Collette Kinsella
Since the introduction of bike to work scheme & the point to point rental models like Dublin Bikes, the popularity of cycling has increased, which of course brings an opportunity for any clever inventor or entreprenaur with an idea or gadget to improve the lot of cyclists on our roads. Colette Kinsella has been meeting enthuasiastic inventors with an eye on making two wheels a safer & more comfortable option for commuters.
US - Airlines Laptop Ban
The reason for banning laptops in cabins is very much about security but even so, airlines are strongly opposed to the move, since laptops are so important to their big spending business passengers. The International Air Transport Association has already come out to say that extending the ban to Europe would cost business-class passengers one billion dollars in lost productivity. Emma is joined in studio by Killian Woods of TheJournal.ie's business website, Fora who has been looking into just how important those Business Class customers are to the airline industry.
Profile - Peter Garvey
Emma's first guest is MD of the leading exponent of what is actually a relatively new concept here in Ireland, equity investment. Peter heads up the Irish wing of the The Carlyle Group, a 40 year-old global equity investment fund with Headquarters in Washington & a staggering 170 billion dollars in capital.
Conversational Commerce - Liam Geraghty
Last week saw the inaugural ConverCon get under way in the Science Gallery Dublin, where speakers from companies like Facebook & Google came together to discuss 'conversational commerce'. Liam Geraghty went along to find out how conversational commerce is changing the way businesses talk to their customers.
Its not everyday you realise that you're one of the world leaders in a sector that most people didn't even know existed, but it turns out that Ireland's 'Shadow Banking' sector is thriving, as it is worth 2 trillion euro & is the 4th largest in the world. Richard is joined by Joe Brennan of the Irish Times, to give us a broad definition of what it is.
Protein Bars - Fulfil
Fulfil was conceived by Niall McGrath & Tom Gannon when the two were working together in senior roles at one of Ireland's leading food & drink distribution companies. After a couple of years of developing the protein bar they went to market with high expectations but they didn't reckon they would be spending every minute since battling to keep up with an ever increasing & global market. Tom & Niall join Richard this morning.
Wannacry Hack Attack
Yesterday's ambitious & catastrophic-international cyber attack caused chaos in 99 countries across the globe, with vulnerabilities exposed & systems crashing, including the National Health Service in the UK, resulting in heart surgeries being cancelled. Using technology originally developed by the spooks at the US National Security Agency, the WannaCry ransomware attack hijacked computer systems. Pat Moran of PwC, who leads their cyber security, Threat Intelligence & IT Forensics team, joins Richard in studio.
Carolan Lennon - Open Eir
Carolan Lennon is the MD of Open Eir, which is the division of Eircom, now rebranded as Eir, that is responsible for installing & controlling the company's networks & broadband infrastructure. Carolan is currently tasked with bringing it to 300 thousand homes in her current project & she joins Richard in studio this morning.
The old BBC science & technology series, Tomorrow's World will be making a glorious comeback with a new strand of documentaries from the luminaries of science including Stephen Hawking. Clearly BBC recognised the value of Tomorrow's World brand as it was axed in 2003. Aoife Barry of The Journal.ie has been looking at brand revival & is in studio with Richard this morning.
Gluten Free - Liam Geraghty
This Monday marks Coeliac Awareness Week 2017. According to Bord Bia research, the gluten free market in Ireland is estimated to be worth 66 million euro, experiencing an increase of more than a third since last year. Liam Geraghty has been looking into the gluten free industry.
The Irish habit of not saying it as it is, dancing around the issue, not causing a fuss & rarely complaining might make life easier on the surface but when it comes to doing business, is this reluctance to openly engage in conflict causing us problems? In studio are Dr. Colm Foster, Dir of Executive Education at the IMI & Louise Campbell, MD of Robert Walters Recruitment.
Tax & Brexit
There are mixed news on the Irish economy this week with unemployment rate hitting 9 years low & yet somehow the government's income tax & corporation tax take has failed to hit its targets for the first four months of the year. Joining Richard in studio is Brendan Keenan, journalist with the Irish Independent.
Profile - Robin Gill
Richard's first guest is a Dubliner who has carved out a successful niche for himself, leading the march for sustainability in the cut-throat London restaurant scene. Robin Gill start his cheffing career in Irish kitchens but quickly moved to London where he focused on gaining experience in Michilin starred establishments. Robin was recently one of the judges of TV3's Celebrity Masterchef & will be taking part in the Ballymaloe Litfest event in two weekend's time.
Hell and Back
Hell and Back - the infamous obstacle course in Wicklow - pulls in over 3,000 people at each event and the company behind it now has turnover of about €1 million.
We sent Liam Geraghty to run, jump and report on the course ahead of it's next outing in June.
Paul Smithwick relaunched a brand that used to belong to a rival family, the Sullivans, and earlier this week Sullivan’s 'Maltings Red Ale' was awarded the title of Champion Keg Ale at the International Brewing Awards earlier this week. We spoke to The company’s CEO Alan Quane and Chief Financial Officer, Dan Smithwick.
From ziplines whizzing high up in the trees to bike trails ,
As official figur it seems that nowadays with Irish forests offering visitor experiences – maybe money does grow on trees. Evelyn O’Rourke went a took a look at this growth area for us.
Colin Harmon of 3FE has learned a lot about his trade ever since he first participated in the World Barista Championships in 2009, so much so that he figures there’s a book in it... He has just published the aptly-titled 'What I Know About Running Coffee Shops'.
Simon Coveney - Minister for Housing, Planning, Community and Development
The government announced the latest proposal to tackle the housing crisis in Ireland, offering over 800 sites that are currently owned by city and county councils and state bodies such as the IDA and the HSE to property developers and housing agencies. Simon Coveney - Minister for Housing, Planning, Community and Development spoke with us.
Around The World
Siobhán O'Connell of Business Plus Magazine and Bizplus.ie joined Richard for our monthly look at some of the week's international stories that might have escaped your attention. Top of the list is a high-tech juicing machine that lost out when pitted against a pair of human hands.
Is There Cash In Your Handbag?
Our own reporter Liam Geraghty has been trying to discover if handbags are worth the investment.
Burning Man - Where Money Has No Value...
The legendary Californian festival is famous for many things including it's ethos of money having no value. But for all it's right-on principals Burning Man has been making the headlines over the lavish lengths that weathly CEOs have gone to in making their experience more comfortable - Richard spoke to one of the founders, Harley Du Bois.
How Does Ireland Value Science?
There will be a 'March for Science' in Dublin this afternoon, but just how much do we value the sciences here in Ireland? Debating Ireland's approach to scientific research funding and focus are Ruth Freeman and Professor Luke Drury
Lorna Ross And Her 30 Year Career In Design
Lorna grew up in Blackrock and spent 27 years in the US pursuing a fascinating career in fashion design, computers and wearable technology. She is now back to her Dublin roots and heading up Accenture's new Global Innovation Hub, The Fjord Studio.
Composing for a Living
On Thursday Dublin saw a big musical anniversary marking the 275 years since the 17th Century German composer, George Frideric Handel wowed audiences with the first performance of his choral masterpiece, The Messiah on Fishamble Street. Our reporter Liam Geraghty has been looking at the business of composing.
Richards next guest is Ted Dwyer, the owner of Ted Dwyer Family Business, a consultancy the helps family firms to lay the groundwork for successful successions. An area he knows something about himself, having passed on the company he built - the Cork & Galway based finannical consultants City Life to his son Eamon. Ted joins us from Radio Tralee this morning.
Craft Makers of Ireland - Evelyn O'Rourke
From the book of Kells to the acclaimed glass-work produced by Waterford Crystal to modern day success stories like designer Orla Kiely, there is a rich tradition of renowned craft makers in Ireland. Evelyn O'Rourke has been talking to other Irish craft makers & gives us this snapshot of the craft industry in Ireland today.
Well the meter for measuring corporate cock-ups has been tipping off the scale of late, with Pepsi pulling its faux protest ad campaign amid accusations of being crassly inappropriate & perhaps to the relief of Pepsi, United Airlines then took up the PR disaster baton as video footage of a distressed passenger dragged off an overbooked United Airlines flight. Richard is joined in studio by Mary Lambkin, Prof of Marketing at the UCD Smurfit School of Business & Orlaith Carmody, Communications Consultant.
Profile - Michael McCambridge
Michael McCambridge joined the business that bears his family name under tragic circumstances in 1994 when he was in his 20's. He has managed McCambridge Bread through a period of sustained growth right up until 2007 with the arrival of the recession & other situations brought it into a state of crisis. After those turbulent years the company is once again thriving & takes its place among the best of ireland's Iconic food brands.
Citadel Datathon - Justin Pinchback
The best & brightest of Ireland's young mathematicians will gather to take part in a gladiatorial contest of stats, numbers & complex formulae. There is a prize fund of 25 thousand euro & an opportunity to work with Citadel & Citadel Securities, the latter having recently set up an office here in Dublin. Justin Pinchback, Head of Talent Strategy at Citadel joins Richard in studio the morning.
Recent data has shown while skinny jeans may be becoming less popular, shoppers love for leggings is set to grow as they remain the most popular item in the expanding 'active wear' market. Ireland is predictably on trend with uber-cool Canadian sportswear brand LuluLemon opening it first Irish outlet. While major sports brands like Nike & Under Armour may still top the list, smaller fitness active-wear brands have been staking a claim through independent retailers. Our own fitness fanatic Liam Geraghty has been taking a look.
Social Media for Businesses
The world of social media is now one of the foundation stones of how companies communicate with clients & customers. Samantha Kelly is one woman who knows a thing or two about growing social media following & communicating properly with those followers. Samantha is also organising the Social Media Summit, now in its second year, in Dublin next week & she joins Richard in studio this morning.
New Census figures
Filling out our census forms is something we do every five years which provides a snapshot of exactly where the country is at in a particular moment in time. Just as we can look back at 1901 & 1911 results online to get some insight into Ireland of the past, this is the data our descendents will use to judge us. The 2016 survey was published on Thursday by the Central Statistics Office. Joining Richard in studio are Frances Ruane, honory fellow at Trinity College & research affiliate of the ESRI and Nat O'Connor, Lecturer in Public Policy & Public Management at the University of Ulster.
Jane Ní Dhulchaointigh - Sugrú
In 2004, Kilkenny woman Jane Ní Dhulchaointigh set about the final year project of her masters in product design at the Royal College of Art in London, little did she know it was the start of a journey that would lead her to setting up a successful business, funding that same business & selling 10 million units of her multi-coloured mouldable glue called Sugrú. Rooted firmly in the DIY market for now, the company has plans later this year to launch a new version of the product aimed squarely at the craft & family market. Richard is joined by Jane, Inventor, founder & CEO from a studio in London this morning.
Humour in the Office
Having a laugh & joke is all part of keeping up office morale, we all like to have a chuckle with our colleagues & these days most of us know where the line is when it comes to making a joke, not too personal, not too sexual & keep it light! But what if you are the office prankster & keep getting it wrong or a manager who needs to deal about jokes gone awry? Fiona Flynn, Director of Foresight Corporate Development joins Richard in studio.
Upskilling in Businesses - Evelyn O'Rourke
In this country, there are 230,000 active businesses, engaging 1.3 million of us working in them, setting up a business can be exciting until you are a year or two down the line & aren’t quite sure where to & how to grow. Reporter Evelyn O’Rourke has been taking a look at this issue.
Pizza Economy - Liam Geraghty
Pizza is probably more the national dish than the humble bacon & cabbage. In 2009 Naples was safeguarded in the EU as a Traditional Speciality Guaranteed dish. And here in Ireland it is part of our fast growing food economy. Liam Geraghty has been meeting some of those hoping that pizza will be their bread & butter.
This year Google will make more than 72 billion dollars in ad revenues & Facebook will rake in more than 33 billion dollars, 46% of the total world-wide advertising spend. However, advertising groups & brands are pulling their ad spends from Google & other sites because of concerns regarding around the nature of the content they are being associated with. Joining Richard is Paul Moran, MD of Mediaworks & John Fanning, former chairman of McConnells Advertising Agency & lecturer in branding & marketing communications at the Smurfit School of Business.
Moni Mannings – Profile
Richard’s first guest is Moni Mannings, who has reached the highest echelons in her career as a lawyer in the City of London. Now a non-executive director at Investec & chief operation officer of cloud computing firm Aistemos, this week she was invited to speak at Investec’s Women in Leadership dinner in Dublin to tell her personal story, the challenges she has faced & surmounted in a male & white privileged world.
Some careers are bankable, such as law & medicine, there the ways that will ensure you can pay the bills. But what other jobs that you would do for love & passion? In studio with Richard are Mia Cooper, First Violinist & Leader of the RCO and David Brophy is one of the country's best known conductors
Mother's Day - Liam Geraghty
It is Mother's Day tomorrow which of course you don't need reminding but what about if your mother is your actual boss, not just the woman entitled to boss you about whatever your age. Liam Geraghty went to Cork to speak to mother and daughter duos working in business together.
In a world where employment is increasingly precarious with short-term & zero hours contracts meaning that people are seeking work often feel powerless & voiceless, while employers are only concerned with the bottom line, you might think that there is a greater need than ever before for good labour relations . Former DG of the Labour Relations Commission, Kieran Mulvey, has spent a lifetime negotiating the careful balance in the relationship between workers & employees.
By the end of the week British PM Theresa May will have triggered article 50 & negotiations on trade will begin, many people saying that Ireland could look for special exceptions, but what exactly should we ask for? Joining Richard is Padraic White, former CEO of the IDA, Entrepreneur & Chartered Director and Karen Devine, Lecturer in Intl Relations & EU Politics at Dublin City University.
Aidan Comerford - Comerford's Bakery
Comerford’s bakery began in the 1950s in Ballymore Eustace, Now, in a large part thanks to a contract with Lidl, the company employs 130 people but is still very much a family business & sitting in front of me is Sales Manager Aidan Comerford, who works in the firm with his father, Aidan Snr & his two brothers and uncles.
Around the World
Siobhán O'Connell of Business Plus Magazine & BizPlus.ie joins Richard this morning for our monthly look as some of the week's international stories that might have escaped your attention.
Drive Thru Business - Liam Geraghty
Our intrepid reporter Liam Geraghty - who incidently , can't drive - went out to find all about the Drive Through Businesses.
Louise Campbell - giving leeway to employees
Despite the failure of Ireland to live up to expectations in the Six Nations, coach Joe Schmidt isn't one to make public examples of his players & isn't placing blame for defeat on any one particular set of shoulders. In business, what can we learn from this? How do we make sure that our staff learn from their mistakes? Joining Richard in studio is Louise Campbell, MD of Robert Walters Recruitment.
Populism & Global Trade
Since the British voted to Brexit & the Americans voted for Donald Trump, it is hardly news to say that we are living in interesting times. As we came into 2017, potential threats were alerted to include the Presidential Election in France & a General Election in Germany. Even ultra-liberal Holland, the international coverage of their elections this week were dominated by speculation that the right wing Party of Freedom might cause an historic upset. That election was comfortably won by PM Mark Rutte, who said the result showed that ‘The Netherlands said Stop to the wrong sort of populism. Prof Frank Barry, lecturer in International Business & Economics at TCD to discuss the signals this sends to the global economy.
Cathal O'Connell - Paddywagon
St Patrick’s Day is behind us for yet another year & one person for whom St Patrick’s Day actually conjure some positive memories is my first guest this morning, whose business has a close association with that particular date. In 1998 Cathal O’Connell launched the first PaddyWagon bus tours around our fair island & in that time the distinctive Leprechaun-adorned fleet of vehicles, chock full of tourists, has been growing steadily & has become a perennial sight on the highways & byways of Ireland.
St. Patrick's Day Parade
Once upon a time it was an Irish right of passage, the obligatory participation in a cold & rainy day to watch St Patrick's Day parades. It has moved on more in recent years and a far more glitzy affair - one day in the year which is worth more than 70 million euro to the Irish Economy. Susan Kirby, CEO of the St. Patrick's Day Festival joins Richard in studio.
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