Business Cork - Issue 3

THE CORKBUSINESSAWARDS

2016BUSINESST H E N o . 1 M O N T H LY M A G A Z I N E F O R CORK C I T Y A N D C O U N T Y

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NOVEMBER BUSINESS CORK

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Editor’s Note Contents5 Partners & Patrons

6 The Cork Business Awards

10 5,000 New Jobs at Apple

12 Hugh McKeown Award

17 Are We Alone in the Universe? with Dr. Chris Coughlan

24 KPMG CORK BUDGET 2016 BREAKFAST EVENT

29 30 Seconds with Garvan Cerasi

34 Saville Menswear Trunk Show

36 it@Cork Leaders

43 Christmas Windows at Brown Thomas

39 Business Profile: Inspire Financial

Content & editorial

Michael Mulcahy (Editor)

Lorraine O’Neill (Deputy Editor)

David Kelleher (Deputy Editor)

Alexandra Manning (Deputy Editor)

Dr. Chris Coughlan (Contributing Editor)

Dr. Gerald Kean (Contributing Editor)

Bill Holohan (Contributing Editor)

Kenneth O’Flynn (Food & Wine Editor)

designNikolus Harrison

aCCoUntsLucille Chambers

adVertisingSusie BrownMichael Mulcahy

Business Cork2413 Euro Business Park,

Little Island, Cork

T: +353 (0)21 5003050

F: +353 (0)21 4354184

E: [email protected]

Publisher: Michael Mulcahy

Chairman: Patrick W. Fenton

Directors: Jonathan Smith,

Michael Mulcahy

© 2015 Business CorkAll rights reserved. The info contained in this magazine is believed to be accurate and authoritative. However, it is not intended to substitute for legal, accounting, tax or other professional advice Statements and opinions expressed herein are not necessarily those of Business Cork. No responsibility can be assumed for any unsolicited materials and submission is construed as permission to publish without any further correspondence and the fee payable (if any) at our usual rates. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means - Electronic, mechanical, photocopying, recording or otherwise without the prior written permission of the publishers.

What a great day for Cork city and in particular the business people of Oliver Plunkett Street when the news

reached us that Cork had fought off the challenge of London and Liverpool to see its second street, Oliver Plunkett Street win a major award for The Best Street in the UK and Ireland 2016. Oliver Plunkett Street was one of three finalists competing for The Great Street Award 2016 along with Deptford High Street in London and Cairns Street in Liverpool. The judges at the Academy of Urbanism in the UK have chosen Oliver Plunkett Street as the winner – coming exactly 300 years since the street was originally laid out in 1715. The Lord Mayor of Cork, Cllr Chris O’Leary was in London with members of the Oliver Plunkett Street business community to receive the award and welcomed the prestigious award- the first time the award has been won by an Irish city as a real coup for Oliver Plunkett Street and Cork. The judges of the Academy of Urbanism looked at the social, cultural economic, political and physical development of villages, towns and cities across the UK, Ireland and Europe before deciding on the ultimate winner of the award. Geoff Haslam, lead assessor for the Academy of Urbanism said the judges were overwhelmed by Oliver Plunkett Street as it offered everything they were looking for in ‘a Great Street’. “We sometimes have to search for the DNA of a street, but Oliver Plunkett Street exudes it - it’s a vibrant living street and community, full of little surprises,” he said. Fellow assessor, Alastair Barr said that in the six years of judging awards, Oliver Plunkett Street had really “raised the bar” for the other two finalists in Liverpool and London. The group behind entering the Cork street in the competition, the Plunkett Street Quarter said they were delighted to receive the award just two years after their establishment. Founder member, Valerie Finnegan Cahill of IKON Hair Design and Clodagh Daly of John Daly Opticians said they were “absolutely delighted” and they were all extremely proud of the historic yet contemporary

street and they paid tribute to the traders, Cork City Council and the Cork Business Association who had collaborated closely on the project to secure the win for Cork.

John Minihan of Minihans Pharmacy who themselves are celebrating 60 years in business on the street this year said “It is a tremendous achievement and one that will really set Oliver Plunkett Street apart for others and also allow the street progress in new ways that will enhance trade and above all the customer experience for everyone who visits the businesses of the street”. John X Miller, CEO of Cork Civic Trust said “I am delighted that Oliver Plunkett Street has been recognised in this way and it really shows that when you have people, buildings and atmosphere that are exceptional, that you can achieve everything”.

Michael MulcahyEditor

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Bank of Ireland shares have come a long way since they were featured as my Broker Pick in Equity Insight on 17 November 2011, at a lowly 8.7 cent. The shares reached a high of 39 cent earlier this year and have fallen back in the

recent bout of market turbulence. Has the recovery in the shares run its course, or is there more to follow? In my opinion, most indicators point to the latter. During the 2003 – 2007 bull market (turned bubble), Bank of Ireland shares hit a high of €18.45 in February 2007. At that time the bank had just under one billion shares in issue, so the market capitalisation

was about €18 billion. The shares have since been massively diluted by two huge rights issues at 55 cent and 10 cent respectively. This has increased the number of shares in issue to 32.3 billion. At the time of writing the shares are trading at 32.5 cent, giving the bank a market capitalisation of €10.5 billion. Apply a discount of 30% to the bubble valuation of

2007of€18billion,andthisresultsinanadjustedmarketcapitalisationof€12.6billion.Dividethatfigurebythenumberof shares in issue of 32.3 billion, results in a valuation of 39 cent per share. A return to the 39 cent level could therefore

consitute a completion of the recovery story, based on the above analysis. However the stock would still have potential for growth, as earnings are likely to grow broadly in line with the Irish economy. Also a restoration of the dividend next year would act as a strong signal to international investors that the Irish banking crisis is at an end.Those of us closer to

home expect that this glorious moment will occur around the very same time that the Committee to Inquire into the Irish Banking Crisis issues its report! This company is viewed as a buy at the time of writing. The views expressed in this article

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There are 45,000 registered businesses in Cork and the Recommended Partners of Business Cork are businesses from each sector, chosen by Business Cork to provide an exceptional service to Cork businesses, based on experience, reputation and recommendation. Business Cork is selecting one business per sector as its Recommended Partner and each of these Recommended Partners will be delighted to assist you in their chosen area of specialty with a world class service gained from many years of experience in their field and offer you and your business an exceptional service to manage, grow and develop your business. Full details of each Recommended Partner are contained in their profile within the magazine. Over the coming months we will be adding to our Recommended Partners section and guaranteeing that there will be only one Recommended Partner per business sector. If your business is interested in being the Recommended Partner for its sector, contact Michael Mulcahy at [email protected] who will be happy to talk through the details of the programme with you.

BUSINESS CORK RECOMMENDED PARTNERS

Business Cork magazine is brought each month to the 45,000 Cork businesses and 250,000 people, locally, nationally and internationally who have an affinity to Cork business with the generous support of our Corporate Patrons. If your business is interested in becoming a Corporate Patron of Business Cork and providing every Cork business with a monthly copy of the magazine as well as positive promotion for Cork at home and overseas, please contact Michael Mulcahy [email protected] who will be happy to talk through the details of how the Corporate Patrons programme works and how it can benefit your business and the 45,000 other Cork businesses.

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COVER STORY


2016


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COVER STORY

The Cork Business Awards 2016 will be the largest business awards event in Cork City and County with the largest prize fund and number of awards. The event is benefitting from its 10th year in honouring Cork business people and from 2016 it will incorporate a series of new categories in an expansion of its awards programme that is consistent with the expansion of Cork from a business and employment perspective. The most influential of business leaders in Cork will be in attendance at The Cork Business Awards 2016 and over 500 guests will attend the black tie event with senior Government Ministers in attendance and representatives of the Diplomatic Corps, the Irish Defence Forces and representatives of all elements of business, civic, cultural and educational life in Cork and Ireland will be invited.

The Cork Business Awards 2016 will have the largest prize fund of any business awards in Cork and will be €100,000. The date is set as Saturday May 28th 2016 and the venue is the Rochestown Park Convention Centre attached to Rochestown Park Hotel which is one of Cork’s finest business hotels. Business Cork magazine which is the leading business magazine in Cork is the promoter of The Cork Business Awards 2016. The name of the key Guest Speaker for The Cork Business Awards 2016 will be announced in early 2016 and is a US based businessman with local connections and whose career path will be of major interest to all Cork businesses and who sold his company in May 2015 for $21billion.

The Publisher of Business Cork and organiser of The Cork Business Awards 2016 Michael Mulcahy said “I believe it is the right time to expand the awards programme that I created nine years ago into a more diverse awards programme that allows the 45,000 Cork businesses be part of it. We have looked very carefully at the categories and ensured that all areas of Cork business, social, civic, voluntary and charitable life can be included and in particular that the awards will honour Cork business people who deserve to be recognised. For the first time also we intend to make an award per town for a business in every town in Cork and this is ensuring that we embrace the view that Cork as a location has the exceptional potential to market itself as a region of 500,000 people with an exceptional city and county that works cohesively together. We will be working with some great sponsors for these awards and essentially

ensuring that every part of Cork is recognised”.

THE CORK BUSINESS AWARDS 2016 - AWARD CATEGORIES

The Cork Customer Service Person of the Year 2016To recognise outstanding contribution in customer service from a person involved in any type of business in Cork

The Cork Employee of the Year 2016The Employee of the Year Award was created to focus attention on the important contributions employees make to their employers, fellow co-workers, customers and the culture of the organisation

The Cork Community Project of the Year 2016To recognise a community project in Cork that has made a difference and a contribution to the locality and its people

The Cork New Business of the Year Award 2016To recognise a new business that has come to Cork in the past two years and established itself in our community

The Cork Business District of the Year Award 2016The Area of the Year Award was created so that businesses and their owners could have pride in their community and ensure that their area was kept in a presentable way

The Green Business Award 2015To recognise a business that has excelled in either operating in the environmental and green sectors of our economy and/or the operation of resource efficiency sustainable practices in their business

The Cork Retail Award 2015To recognise the very best operators in retail in Cork and ensure that your team strives to be at the top of their game

The Cork Training Award 2015To recognise a Cork training provider who has demonstrated leading practices in the delivery of high quality training

The Cork Export Award 2015To recognise excellent performance by a Cork business in developing their export activity in an increasingly competitive international market place

The Cork Artisan Food Producers Award 2015To recognises authentic produce that we all want to eat or drink and whose contribution to the food sector is to be acknowledged and celebrated

The Cork Food Services Award 2016To recognise the restaurant, café or pub which provides the most rewarding of experiences. Its ambience, service and seasonable menu highlighting local produce – presented with exquisite cooking skills, imagination and flair

The Cork Social Media Award 2016To recognise a business which excelled in harnessing the latest business thinking to keep them at the cutting edge

The Cork E-Commerce Award 2016To recognise a business that has demonstrated excellence in its e-commerce abilities and shown that the value of e-commerce to a business should not be overlooked

The Cork R&D/Innovation Award 2016To recognise a business which excelled in developing top innovative products and/or services

The Cork Customer Service Excellence Award 2016To recognise a business that will go that ‘Extra Mile’ in looking after customer needs and provide levels of customer service ahead of their competitors

The Cork Business Ambassador of 2016To recognise the outstanding achievements and ambition of one highly successful business individual. The pride and passion this Ambassador has for Cork will inspire success and will enhance Cork as a first class destination to do business in

The Cork Business Person of the Year of 2016To recognise the outstanding achievements of one business person who has demonstrated exceptional ability in their business and proven that their desire to succeed is of great benefit to their business and the community

The Cork Small Business of the Year 2016To recognise the outstanding achievements of a small businesses in our community

The Cork SME Company of the Year 2016To recognise a business across all sectors of the small and medium sized indigenous and multi-national organisations (up to 50 employees) that have demonstrated significant achievement and success over the past year


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The Cork Large Company of the Year 2016To recognise a business across all sectors (50 + employees) both indigenous and multinational that have demonstrated significant achievements and success over the past year

The Cork Law Firm of the Year 2016To recognise the outstanding achievements of a Law firm in Cork

The Cork Accountancy Firm of the Year 2016To recognise the outstanding achievements of an Accountancy firm in Cork

The Cork Recruitment Company of the Year 2016To recognise the outstanding achievements of a Recruitment company in Cork

The Cork Public Relations Company of the Year 2016To recognise the outstanding achievements of a Public Relations company in Cork

The Cork Printer of the Year 2016To recognise the outstanding achievements of a Printer in Cork

The Cork Insurance Broker of the Year 2016To recognise the outstanding achievements of an Insurance Broker in Cork

The Cork Auctioneer of the Year 2015To recognise the outstanding achievements of an Estate Agency in Cork

The Cork Broadband Provider of the Year 2016To recognise the outstanding achievements of a Broadband company in Cork

The Cork Architectural Firm of the Year 2016To recognise the outstanding achievements of an Architectural Firm in Cork

The Cork Building Contractor of the Year 2016To recognise the outstanding achievements of a Building Contractor in Cork

The Cork Property Developer of the Year 2016To recognise the outstanding achievements of a Property Developer in Cork

The Cork Men’s Store of the Year 2016To recognise a Men’s Store in Cork that has set itself apart from others

The Cork Chauffeur Drive Company of the Year 2016To recognise a Chauffeur Drive company in Cork for their professionalism

The Cork Corporate Gifts Company of the Year 2016To recognise a Corporate Gifts company in Cork that has set itself apart from others

The Cork Credit Union of the Year 2016To recognise a Credit Union in Cork that has set itself apart from others

The Cork IT Company of the Year 2016To recognise an IT business in Cork that has set itself apart from others

The Cork Web Design Company of the Year 2016To recognise a Web Design business in Cork that has set itself apart from others

The Cork Motor Dealer of the Year 2016To recognise a Motor Dealer in Cork that has set itself apart from others

The Cork Courier Company of the Year 2016To recognise a Courier business in Cork that has set itself apart from others

The Cork Event Management Company of the Year 2016To recognise an Event Management company in Cork that has set itself apart from others

The Cork Golf Club of the Year 2016To recognise a Golf Club in Cork that has set itself apart from others

The Cork Jeweller of the Year 2016To recognise a Jeweller company in Cork that has set itself apart from others

The Cork Mobile Communications Company of the Year 2016To recognise an IT company in Cork that has set itself apart from others

The Cork Office Fit Out Company of the Year 2016To recognise a Fit Out company in Cork that has set itself apart from others

The Cork Office Supply Company of the Year 2016To recognise an Office Supplies company in Cork that has set itself apart from others

The Cork Recycling Company of the Year 2016To recognise a Recycling company in Cork that has set itself apart from others

The Cork Civil Engineering Company of the Year 2016To recognise a Civil Engineering company in Cork that has set itself apart from others

The Cork Off Licence of the Year 2016To recognise an Off Licence in Cork that has set itself apart from others

The Cork Garden Centre of the Year 2016To recognise a Garden Centre in Cork that has set itself apart from others

The Cork Photographer of the Year 2016To recognise a Photographer in Cork that has set itself apart from others

The Cork Mortgage Broker of the Year 2016To recognise a Mortgage broker company in Cork that has set itself apart from others

The Cork Bank of the Year 2016To recognise a Bank in Cork that has set itself apart from others

The Cork Bank Branch of the Year 2016To recognise a Bank Branch in Cork that has set itself apart from others

The Cork Removals Company of the Year 2016To recognise a Removals company in Cork that has set itself apart from others

COVER STORY


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The Cork Fire Safety Company of the Year 2016To recognise a Fire Safety company in Cork that has set itself apart from others

The Cork Security Company of the Year 2016To recognise a Security company in Cork that has set itself apart from others

The Cork Supermarket of the Year 2016To recognise a Supermarket in Cork that has set itself apart from others

The Cork Tyre Centre of the Year 2016To recognise a Tyre Centre in Cork that has set itself apart from others

The Cork Sign Company of the Year 2016To recognise a Sign company in Cork that has set itself apart from others

The Cork Funeral Director of the Year 2016To recognise a Funeral Director business in Cork that has set itself apart from others

The Cork Stockbroker of the Year 2016To recognise a Stockbroking firm in Cork that has set itself apart from others

The Cork Shopping Centre of the Year 2016To recognise a Shopping Centre in Cork that has set itself apart from others

The Cork Secretarial Services Company of the Year 2016To recognise an Secretarial Services business in Cork that has set itself apart from others

The Cork Boutique of the Year 2016To recognise a Boutique in Cork that has set itself apart from others

The Cork Hotel of the Year 2016To recognise an Hotel in Cork that has set itself apart from others

The Cork Restaurant of the Year 2016To recognise a Restaurant in Cork that has set itself apart from others

The Cork Business Woman of the Year 2016To recognise the outstanding achievements of one business woman in Cork who has demonstrated exceptional ability in her business and proven that her desire to succeed is of great benefit to their business and the community

The Cork Business Couple of the Year 2016To recognise the outstanding achievements of one business couple in Cork who has demonstrated exceptional ability in their business and proven that their desire to succeed is of great benefit to their business and the community

The Cork Young Entrepreneur of the Year 2016To recognise the outstanding achievements of one young business person in Cork who has demonstrated exceptional ability in their business and proven that their desire to succeed is of great benefit to their business and the community

The Judges Special Merit Award 2016This award is made by the Judges to recognise a person, business or organisation that they feel has made an outstanding contribution to Cork or Ireland (announced on the night)

The Judges Cork Philanthropy Award 2016This award is made by the Judges to recognise a person, business or organisation that they feel has made an outstanding Philanthropic

contribution to Cork (announced on the night)

THE CORK BUSINESS SPECIAL TOWNS OF CORK AWARDS 2016A series of special awards will be made for the towns of Cork so that all areas are represented in The Cork Business Awards 2016. These awards

will be as follows -

The Ballincollig Business of 2016The Bandon Business of 2016The Blarney Business of 2016The Buttevant Business of 2016 The Carrigaline Business of 2016The Carrigtwohill Business of 2016The Castlemartyr Business of 2016The Castletownbere Business of 2016The Charleville Business of 2016The Clonakilty Business of 2016The Coachford Business of 2016The Courtmacsherry Business of 2016The Crookhaven Business of 2016The Doneraile Business of 2016The Douglas Business of 2016The Drimoleague Business of 2016The Drinagh Business of 2016The Dunmanway Business of 2016The Enniskean Business of 2016The Fermoy Business of 2016The Glandore Business of 2016The Glanmire Business of 2016The Glengarriff Business of 2016The Glounthaune Business of 2016The Goleen Business of 2016The Innishannon Business of 2016The Kanturk Business of 2016The Kinsale Business of 2016The Little Island Business of 2016The Liscarroll Business of 2016The Macroom Business of 2016The Mallow Business of 2016The Midleton Business of 2016The Millstreet Business of 2016The Mitchelstown Business of 2016The Monkstown Business of 2016The Newmarket Business of 2016The Newtownshandrum Business of 2016The Rathcormac Business of 2016The Riverstick Business of 2016The Rosscarbery Business of 2016The Ringaskiddy Business of 2016The Skibbereen Business of 2016The Union Hall Business of 2016The Watergrasshill Business of 2016The Whitegate Business of 2016The Youghal Business of 2016Full details of the event will be announced in 2016 with details of tables, tickets and sponsorship opportunities for brands and companies wishing to be associated with the event.

NOMINATION FORMIf you would like to nominate a business, person or organisation for The Cork Business Awards 2016, please email the name of the business, person or organisation and the reason that you are nominating them to [email protected]

COVER STORY


2016


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CORK AT A GLANCE

A GREAT DAY FOR CORK WITH 5,000 JOBS NOW AT APPLE IN CORK

Apple has announced that it will expand its Cork campus and make room for 1,000 additional employees by 2017. The US tech giant is set to expand its campus in Hollyhill, Cork and add a new building that will provide new office space and room for 1,000 additional employees by mid-2017. The company’s CEO Tim Cook was in Ireland for the announcement. He received the gold medal of honorary patronage from Trinity College Dublin’s University Philosophical Society during his visit. Apple opened its Cork facility in 1980. It is estimated that Apple supports nearly 18,000 jobs across the country, including over 5,000 direct Apple employees. An Taoiseach Enda Kenny TD said of the news, Apple’s plans for new facilities at their Cork campus that can house a further 1,000 jobs is a very welcome boost of confidence in Cork and the South West region. It is also a welcome sign of broadening regional recovery. These new jobs come on top of 1,000 additional jobs already

created at Apple in the past 12 months, which brought the workforce in Ireland to over 5,000 in 2015. He said the continued expansion by the company “is testament to the quality of the talent pool, the infrastructure and the business environment that this country has to offer and further cements Apple as one of the leading employers in Ireland”. Tánaiste Joan Burton TD described the news as “a profound statement of confidence in Ireland’s economic recovery, and a profound statement of belief in the talent and creativity of the Irish workforce”. Minister

for Jobs, Enterprise & Innovation Richard Bruton TD described Apple as an iconic global brand. “Through our Action Plan for Jobs we have been determined to support more employment in companies like Apple, through measures like extra IDA staff in overseas markets and increased numbers of trade missions, and we have seen major employment growth over recent years,” he said. He described the announcement as “a huge boost for Cork and for all of Ireland”. Martin Shanahan, CEO of IDA Ireland said that for any company to be located at the same campus for over 30 years “is a remarkable thing”. The scale of the operation in Hollyhill is vast, with manufacturing, supply chain, AppleCare and shared services operations taking place within one campus. This news follows an announcement by Apple in February of this year where they revealed plans to put an €850 million data centre in Athenry. ICT Ireland, the Ibec group that represents the high-tech


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sector, said the creation of 1,000 new jobs by Apple “highlights Ireland’s continued attractiveness for major investment by tech companies”. Apple has also announced that it is partnering with the Sustainable Energy Authority of Ireland to support research in offshore energy technology and is establishing a €1m Ocean Energy Industry Fund. This is to support new ways of capturing

wave energy and converting it to renewable electricity. Apple has pledged to power all its facilities

with renewable energy. Minister Alex White welcomed Apple’s support for innovation in ocean energy, saying, The west coast of Ireland is recognised as having some of the best wave resources in the world and I warmly welcome this agreement between Apple and SEAI to help harness this renewable source of energy. This is an excellent achievement for Ireland and shows

that when it comes to ocean energy development, Ireland is definitely open for business.There was a warm welcome from all Cork agencies, politicians and business leaders for the 1,000 extra jobs at Apple in Hollyhill and one of the strongest advocates of the announcement was local Councillor Kenneth O’ Flynn who said “this is an

outstanding day for Cork and one that we should reflect on carefully as it says clearly that Cork is as capable

as Dublin at attracting the large multinational brands to its shores. However, whether we are doing as much as other counties to attract such brands or whether agencies are pushing Cork as much as they should be is questionable in my mind and I would like to see the establishment of an all Cork agency to be known as The Cork Hub which would have a specific remit in going out and marketing Cork as a region for the attracting of new large scale industry. We should be approaching the likes of PayPal, Google, Stripe and many others and should be seeking to offer then 4th and 5th generation office space in our city centre, which is where they want to be. I will be bringing my proposal to Cork City Council as soon as possible and looking for all party support to ask the Chief Executive Ann Doherty to see if Cork City Council can become involved in promoting The Cork Hub”.

OCTOBER BUSINESS CORK

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CORK AT A GLANCE

ECONOMIC BRIEFING IN CORKBusiness leaders and commercial interests will meet on Tuesday 24th November at The Clarion Hotel, Cork, to explore the extent of the economic recovery in the regions of Ireland, with a specific emphasis on the Cork region. With David Murphy (Business Editor, RTÉ News) facilitating the discussion, the event is hosted in The Clarion Hotel Cork. The findings of a recently compiled report on the economic recovery indicators from Seamus Coffey, Economist at UCC Cork, will be presented, with comment and analysis from the heads of two of the region’s largest employers, Bob Savage (Vice-President & MD at EMC Ireland) and Jim Woulfe (CEO of Dairygold). Entitled ‘To what extent has the Recovery spread around the Regions – special focus on Cork’, the breakfast briefing will facilitate audience participation, and is expected to bring clarity and sound analysis of the current economic indicators, highlighting the opportunities and challenges that face businesses today, with particular reference to the SME’s sector in Cork.

HUGH MCKEOWN AWARDFormer Chairman of the Musgrave Group, Hugh Mackeown, was presented with an Outstanding Achievement in Business Award at Cork Chamber’s Dublin Dinner, held in partnership with EY at the DoubleTree Hilton Hotel recently. Speaking from the event Barrie O’Connell, President of Cork Chamber said “Tonight is the 5th year of this event and we are hosting 550 guests from across the business and political communities of Dublin and Cork, providing an opportunity for companies to network and strengthen connections with their peers. We have the great honour of An Taoiseach, Enda Kenny T.D. addressing the guests and sharing his views on the future of doing business in Ireland. More specifically we are delighted to add Hugh Mackeown to the roll call of business leaders that have been honoured by Cork Chamber including Sean O’Driscoll of Glen Dimplex Group; Brian McCarthy of Fexco, Darina Allen, Ballymaloe and Leslie Buckley of INM, Digicel and Saongroup. Hugh Mackeown has been the driving force behind the growth and development of the Musgrave Group for over forty years, serving in that time as Managing Director, Chief Executive and Chairman. During his executive career Mr. Mackeown oversaw the introduction and rollout of the iconic SuperValu and Centra brands, initially with 49 stores in 1979 growing to some 660 stores today, developing it beyond its cash and carry heritage to become the sophisticated retail partnership model that exists today. The business, under his stewardship, has significant presence in Northern Ireland and Spanish retail sectors and has grown turnover from €7m to in excess of €4.6 billion and supporting some 45,000 jobs. This is a real Cork success story”, John Higgins, Partner EY commented. “The importance of family businesses to Ireland’s economy is crucial. Family businesses employ over 50% of all workers in the private sector. Of the more than 200,000 SMEs in Ireland employing around 850,000 people, over 80% are estimated to be family businesses. Dating back to 1876, Musgraves demonstrates the success that home grown Irish businesses can have on the economy. Employing over 60,000 they continue to go from strength to strength providing employment across Ireland. In a recent survey EY carried out with our EY Entrepreneur Of The Year community, high tax rates and difficulties in attracting skilled labour are key challenges facing Irish entrepreneurs. We - business, government, funders and educators need to take collective responsibility and connect to foster a collaborative environment to ensure we create the right ecosystem for home grown businesses to succeed.

TIlE HavEN OpEN 8,500 sq FOOT FlaGsHIp sTORE IN lITTlE IslaNd

Irish owned, family run company, Tile Haven officially launched it’s third premises, an 8,500 sq foot showroom in Little Island recently. From humble beginnings near Skibbereen, West Cork, over 15 years ago, Tile Haven has grown to become the largest independent wholesaler of tiles and timber floors in the country. Since January of this year Tile Haven has renovated its existing 4,500 sq foot Bandon showroom, opened a new shop in Ballymena, and the latest addition to the company’s portfolio is the new flagship store in Little Island. In addition to 48 individual complete bathroom displays, the new showroom includes a living room with working stove and kitchen setting, to give customers a homely feeling as they choose tiles, flooring and bathroom ware for their own homes.

Speaking about the growth of the company and the future, Vivian O’Callaghan, owner of Tile Haven said “Towards the latter end of last year we noticed a gradual upturn in the economy. The amount of new builds seemed to be growing, and the new larger developments seemed be starting up again, so things look very positive for the future for us and everyone involved.” Over the last 15 years of being in the tile business, both wholesale and retail, Tile Haven has established exclusive arrangements with the best recognised tile brands from Spain and Italy and now boasts a full range of products exclusive in Ireland, including Grespania, Peronda, Fanal, Mosavit, Panaria, Delconca, and their latest addition, Versace.

FRITs pOTGIETER appOINTEd as GENERal MaNaGER OF THE FOuR sTaR, IMpERIal HOTEl IN CORK CITy

Frits Potgieter has been appointed as General Manager of the four star, Imperial Hotel in Cork city. The hotel which is owned by the Flynn family is one of four hotels within Flynn Hotels and has recently undergone a €1 million renovation which has seen the addition of a new bar, gym and the renovation to date of over half of the 125 bedrooms.The Imperial Hotel will celebrate its bicentenary in 2016 and is one of Cork’s most iconic hotels. Mr. Potgieter worked with The Doyle Collection where he held the position of General Manager of both The Kensington Hotel and The Marylebone Hotel, London. He was also Deputy General Manager at the 5 star Milestone Hotel and Apartments, London and The Chesterfield Mayfair Hotel, London. In 2011 he achieved the highest AA score ever achieved at the Milestone and a recommendation to award the Hotel Restaurant 3AA Rosettes. Mr. Potgieter holds a Bachelor Degree in Commerce (Industrial Psychology) and an Honours Degree in Strategic Business Management from the University of Johannesburg, South Africa.

HUGH MCKEOWN AWARD


14

GALLERY: ELAINE O’SULLIVAN OF O’SULLIVAN WHELAN SOLICITORS

1.

1. Mary Toher-Douglas, Elaine O’Sullivan, Juliet O’Sullivan-Douglas, Kay Toher-Douglas 2. JB McCarthy - UCC, Bob Savage - EMC, and Conor Healy - Cork chamber 3. Clare Fox-Dublin Hill, Elaine O’Sullivan, and Margaret O’Mahony-Douglas 4. Elaine O’Sullivan 5. Tonya O’Mahony, Jessica Brennan, Elaine O’Sullivan, Orla Sharkey, and Ina Kerins 6. Donal Whyte-Cork City, Ray McGrath-Legal Aid Board, and Joan Whyte-Cork City 7. Elaine O’Sullivan, Valerie O’Sullivan-Douglas, Nicola O’Sullivan-Douglas, and Juliet O’Sullivan-Douglas 8. Elaine O’Sullivan, Pearse Screenan-BL, and Sinead Behan-BL Photos by Gerard McCarthy

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Satisfied customers Keane’s Jewellers, Fishy Fishy Restaurant, Cobh Heritage Centre & St. Lukes Home


16

GALLERY: TILE HAVEN OPENS NEW STORE IN LITTLE ISLAND

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1. Vivian O’Callaghan - Owner, Sandra Forde and Ray O’Leary-Manager 2.Gerard Burgoyne, Jenn Coakley, and Martin O’Connor from AIB Little Island 3. Model Mairead O’Farrell with Ray O’Leary and Vivian O’Callaghan 4. Geraldine O’Callaghan-Castletownshend with Sheila Kelleher and Martin Kelleher from Clonakilty 5. Michael Mulcahy-Little Island Business Association, Pat Fenton-Fenton & Associates, and Vivian O’Callaghan 6. Noah Kelly from Midleton 7. Model Mairead O’Farrell with Vivian O’Callaghan and Ray O’Leary 8. Alice de la Cour-Irish Examiner, and Deputy County Mayor, Cllr. Claire CullinanePhotos by Diane Cusack

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Now anybody with a PC that connects to the Internet can become part of a SETI supported project called SETI@home. This harnesses the spare computing cycles or computing capacity of computers connected to the Internet around the world. Currently there are over 3 million people and computers in more than 220 countries participating. In effect collectively these computers have become one large super-computer known as a Grid Computer. The result being that it is one of the most powerful computers on the planet (25 teraflops). To-date the project has clocked over half a billion years in computing time and deals with 15 million signal reports each day. An article in the New Scientist reported that the SETI@home project had identified a signal that might be the first strong evidence for extraterrestrial intel-ligence. However, the head of UC Berkeley SERENDIP SETI project says the story is misleading and they are not impressed by the signal. If you want to participate go to the web-site www.seti.org and simply download the SETI@home screensaver software. Then when your computer goes into screensaver mode, that is when it is idle, the screensaver software runs a background program to scan and analyse chunks of radio data sent to it over the Internet. Your computer does not need a constant connection to the Internet because when it is connected it can download enough data in a few minutes to keep it occupied for days. A 5 Mb/Sec data stream from 13 radio-telescope feeds is connected to a super-fast (Linux based) digital data recorder donated by Hewlett-Packard Company. This in turn feeds the individual computers of the Internet Grid Computer. However, SETI@home currently searches only a narrow 2.5Mhz band among the billions of potential bands in the electromagnetic spectrum. Despite rigorous check-ing of all signals to date Dan Werthimer, at Berkeley Space Science Lab, says that we are still peaking around the edges of the Cosmic Haystack and we are probably 20 to 30 years away from a thorough search. He believes that the universe is teeming with life and within current lifetimes we will find the solid evidence that we have been looking for.

Fermi’s ParadoxHowever, if our galaxy and the universe are teeming with civilizations why then have they not made contact or why have we not been able to detect them? There is no evidence of interstellar machines of advanced civilizations spreading throughout the galaxy! This lack of evidence and contact was posed by the late Enrico Fermi, win-ner of the Nobel Prize for Physics, with his simple question “where is everybody?” This question has popularly become known as “Fermi’s Paradox”. There must be a way to explain the silence and our loneliness in a galaxy and universe that we as-sume is filled with other intelligent beings. Some answers to rebuff Fermi’s Paradox include: they were here and left no evidence; the Earth is a form of protected “zoo”; they have not yet reached us; the limits of space travel cannot be overcome; they do not want to communicate; catastrophes - civilizations have only a limited lifetime and we are the last; we are the first; we are unique. Marvin Minsky, regarded as the father of artificial intelligence (AI), pointed out that Shannon’s Law states that, efficiently coded communications are indistinguishable from random noise if the coding scheme is not known, therefore they are signaling but we don’t know how to listen.

Arecibo MessageThis was a once off digital signal in binary form which encoded a representation of an astronomical and biological description of Earth and human life form in simple graphic format that was transmitted to outer space to mark the re-opening on 16 Nov.1974 of the Arecibo radio telescope in Puerto Rico. It was devised by Frank Drake and Carl Sagan and others. It consisted of a number of simple parts including the depiction of the numbers from 1 to 10, the atomic numbers of the elements in DNA, the structure of DNA, a simple graphic figure of the human shape, and a graphic of our solar system indicating earth where the signal originated from.Since then many messages of various form from various locations on Earth have been sent, however, whether this should be done or not continues to be debated by scientists and astronomers.

The Pioneer Plaques and the Voyager Golden RecordsIn 1972 Drake and Sagan designed the first physical message on a plaque sent into space on board the Pioneer 10 spacecraft (and also on 1973 Pioneer 11). The gold-anodized plaques consisted of male and female nude figures along with a number of other symbols including information about the origin of the spacecraft. The space craft were the first human-built objects to have achieved escape velocity from our solar system.The Voyager Golden Records are basically gold-plated copper phonograph type records (with stylus) that were placed on board Voyager 1 and 2 spacecraft launched in 1977. NASA appointed a committee chaired by the late Carl Sagan to decide and select the contents of the record. These included 116 images encoded in analogue form such as photographs and diagrams and a variety of sounds such as, music, spoken languages, natural sounds, sounds of birds and animals. The record’s cover is made from aluminum which contains a isotope of Uranium which by its rate of decay could be used by any civilization that encounters it to calculate its age. Carl Sagan referred to it as “this bottle into the cosmic ocean”. On Sept. 12, 2013 Voyager left the Solar System and entered interstellar space.

Breakthrough Listen and MessageThe Russian entrepreneur and billionaire Yuri Milner, who made his fortune through tech investments, along with physicist Stephen Hawking recently an-nounced a new initiative in the search for intelligent life in the universe. With this project called, Breakthrough Listen, Milner is providing $100 million funding to conduct a state-of-art radio and optical survey of the millions of stars in the Milky Way using the world’s largests telescopes. A second initiative called Break-through Message will fund an international competition to develop the content of messages to be sent from humanity on Earth to alien civilizations if they exist on other worlds. The competition is open to everyone and will have a total of $1 million in prizes.

Type I, II, and III CivilizationsWhat are the possible different levels of existence that search for extraterres-trial intelligence can expect to find? In a seminal paper published in 1964 in the Journal of Soviet Astronomy Russian astrophysicist Nicolai Kardashev proposed a simple method to classify advanced civilizations. He maintained that they could be grouped into three types, which have respectively mastered planetary, stellar and galactic forms of energy. He calculated that the energy consumption of these types of civilization would be separated by a factor of many billions. In his scheme extraterrestrials would have one of the following levels of technology.Type I, have control of the energy resources of their planet. In this scheme the Earth although a Type 0 civilization is in the process of becoming a Type I civilization. Type II civilization have control of the entire energy output of a star. The well-known physicist and mathematician Freeman Dyson speculated about star-encompassing Type II technologies that could capture solar energy, these have become known as “Dyson Spheres”. Type III civilization have con-trol over many star systems in the galaxy. It would be type II and III civilizations that would be most noticeable by SETI. If this happens then be prepared for the “greatest discovery of civilization”. But should we respond? Seth Shostak, Director if the Centre for SETI Research believes that much of the ET life out there is light years beyond the intelligence of man, “it might not be biological anymore but some artificial form of life”. Do we really want to communicate? Maybe we should just LISTEN but STAY QUITE!!

ARE WE ALONE IN THE UNIVERSE?

PART IIISETI@home

FEATURE WRITER: DR. CHRIS COUGHLAN

Dr. Chris Coughlan is a member of the senior management team at Hewlett-Packard’s European Software Centre, Galway and Adjunct Professor at the National University of Ireland, Galway


18

Each month in Business Cork, Little Island Business Association

will feature its news and information so that the 45,000

businesses in Cork city and county can become familiar with all that is

happening in the area of Little Island. With up to 1,000 companies and

up to 15,000 people working in the grater Little Island area each day, it

is an area rich with opportunity and with many great businesses who

are interested in doing business with other Cork businesses.

MEMBERSHIP OF LITTLE ISLAND BUSINESS ASSOCIATION

LITTLE ISLAND BUSINESS NEWS

OPENING OF AIB LITTLE ISLAND

The LIBA Awards 2015 will take place on Friday next November 20th at the Radisson Blu Hotel & Spa and final allocation of tick-ets are being made this week. Anyone looking for tickets should contact Michael at 087 7768580 of [email protected]

THE LIBA AWARDS 2015

MORE GOOD NEWS FOR LITTLE ISLAND WITH JOBS AT PFIZER

Pfizer has announced 40 new jobs for Little Island

and Ringaskiddy in a move that will see the giant

pharmaceutical company employ 3,200 in Ireland.

The group’s Little Island and Ringaskiddy sites in

Co Cork are to hire 40 people with roles including

process operators, mechanical & electrical/

instrumentation craft, process engineers, process

chemists, and quality control analysts. Pfizer’s

Ringaskiddy site recently secured $30 million

investment to manufacture some of Pfizer’s newest

cancer medicines and other future pipeline

medicines.“Pharmaceutical manufacturing in Ireland

continues to perform well contributing strongly to

exports and economic growth, and providing good

careers and jobs,” said Dr Paul Duffy Vice President

of Pfizer Ireland.

ALPHA WEALTH

Pictured Left to Right - Nick Charalambous, Director, (Alpha Wealth), Liam Sheehan (Magician and Mentalist), Vera

O’Sullivan, Accounts Manager, Rebecca O’Callaghan, Financial Services Director, Catherine O’Sullivan, Financial Advisor (all of Alpha Wealth), Kieran Rigby, Designer of Website of Iseek, and Angus Thomas, Owner of Zest, Little Island @ Coffee Morning to raise funds for Leeside Soccer Club and announcement of

Alpha Wealth’s New Website, Alphawealth.ie

20

PROUDLY SUPPORTING THE WORK OF CORK BUSINESS ASSOCIATION

Cork Better Building Awards 2015

CORK BUSINESS ASSOCIATION NEWS

CBA Office, Waterfront Business Centre, 5 Lapps Quay, Cork

021 427 82 95

M&P O’Sullivan Ltd.Sarsfield Road,Wilton,Cork, Ireland

Payroll is a complicated, mandatory business function for any business. For retailers, it is even more complex. You have employees on salary and you have employees on hourly rates, scaled and overtime rates. Not to mention shift changes or no-shows.

All this complexity adds to the time and cost it takes to do payroll.

Here are seven areas to consider about whether to continue with your in-house payroll or outsource it to an accountant who specialises in payroll processing.

7 Good Reasons to Leave your Payroll to the Professionals

1. Cost of Payroll

Payroll can be costly to your retail business from a time perspective. Gathering information about employee’s hours, shifts, shift changes, holidays, overtime and individual benefits takes time.

Analyse how many hours are spent gathering information for payroll, preparing the payroll and running the payroll. Include the admin hours of filing tax returns, distributing wage-slips and answering queries from employees.

2. Efficiency of Finance Staff

If you do the exercise as outlined in step no. 1, you will find that payroll is a time-consuming exercise.

If you have an in-house accountant or accounts clerk doing your payroll, imagine taking away those hours of doing the payroll and spending it more productively on preparing and analysing your day to day and monthly accounts. Keeping up to date with your financials will help give you a great overview of how your business is performing.

3. Accuracy of Payroll

The onus is on you as the employer to ensure the correct amount of taxes (PAYE, PRSI, USC, LPT) are deducted and returned to the Revenue on time. Getting it wrong opens you up to trouble with Revenue. You don’t want to be liable to pay Revenue penalties and back pay for making a payroll mistake, not matter how small.

It’s also your responsibility that all staff are paying the correct amount of relevant taxes and all your returns are filed (P35 on 15th February) and P60s at the start of 2016.

4. Sick Pay and Disability Pay

Sick & disability pay is one of the most complex areas when processing payroll. In the retail sector, due to the

nature of employment, it’s even more complicated. For example, where an employee is entitled to sick pay from the Department of Social Protection, that amount is now taxable and must be entered in the payroll system. The onus is on you to ensure all payroll deductions are correctly applied.

5. Holiday Pay Entitlements

Similarly, not all holiday pay is created equal. Holiday pay could be calculated at 8% of hours worked, 4 weeks off or one third of a working week. And you need to know what days are considered ‘working hours’. For example, sick hours are not included but maternity leave and parental days are.

6. Continual Training and Best Practice

Anyone who processes your payroll must be continually trained in payroll. Every year, there are new changes introduced in the budget which affects payroll. Most recently, the property tax now goes through the payroll system.

Confidentiality is of key concern when processing payroll. You must have 100% peace of mind that best practices are in place. When you outsource, that confidentiality is guaranteed.

7. Contingency Planning

Payroll is a function that needs to be done on a weekly, bi-weekly or monthly basis. There is no exception. If your employee who processes payroll is out sick for a few days, then your payroll and your employees will be affected.

To conclude, it’s really your decision to continue with payroll in-house but another alternative is to outsource to the professionals so make sure it’s an informed one. For most businesses, your wage bill is your biggest bill, so it’s important to get it right.

AG Associates is an accounting practice that specialises in affordable accounting and payroll solutions for the SME business owner. For further information please contact Angela at:

Unit 11, Eastgate Way, Little Island, Cork. 021 4824723 or [email protected] website: www.agassociates.ie

Payroll Article.indd 1 03/09/2015 16:45


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with Lorraine O’Neill

Exclusively for Ladies

Anna Costa Pearson is a well-established and respected psychic who was based in Marbella for years but now lives in the UK. Anna is known for her honesty and indeed accuracy and has been called on many celebrities who have benefited from her gift for looking into the future.

Anna gives a 30 minute reading at €40 and is also available for private party bookings for groups of 4-6 people in the comfort of their own homes. She will be based in The Fitzgerald Vienna Woods Hotel for her short visit to Cork. However, all appointments and groups must be pre requested and booked prior to her arrival on the 24th of November. She will be in Cork from the 24-28 November. So please call or text 086 8046314 for appointment(s). www.annacostamedium.moonfruit .com

From Medieval Times To The Present Day, People From All Over The World And From All Walks Of Life Have Sought Guidance From The Mystics Of The Orient And Clairvoyants Of The Western World To Give Them Answers To Many Personal Questions.

Situations Change Circumstances With Different Aspects Of Life. The Cards Will Show What Is Happening Or Is Likely To Happen Within A Six-Month Period Of Your Reading. It Is Important To Recognise That The Cards Point To Possibilities.

PSYCHIC SPIRITUALIST RETURNS TO CORK FOR PRIVATE READINGS

Some of Anna’s client testimonials…

“Anna Pearson is without doubt the most amazing person that I have ever met. Her psychic skills are on a level very rarely attained. An absolutely unforgettable experience.”STEVE CLINE, Entertainment Manager RT.V.

“Anna has a true gift! She can help you to overcome any doubts you may have concerning your future and what it holds for you. Anna is known both in the UK and Spain for her most warming and caring attitude towards her clients.”LIZ RODRIGUEZ, Media and Promotions specialist

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OCTOBER BUSINESS CORK

23

Each month in Business Cork, Ringaskiddy Business Association will feature its news and information so that the 45,000 businesses

in Cork city and county can become familiar with all that is happening in the area of Ringaskiddy. With many of the great international businesses based here as well as being home to indigenous industry, there is much development earmarked for Ringaskiddy. From road network developments to the Port of Cork development, to the plans to make Cork harbour ‘The Sydney Harbour of Europe’, the area of Ringaskiddy is a vibrant location with a great residential community and many great businesses who are interested in doing business with other Cork businesses.

MEMBERSHIP OF RINGASKIDDY BUSINESS ASSOCIATION

RINGASKIDDY BUSINESS NEWS

Ringaskiddy Business Association will be a powerful group that will represent the area and seek to bring prominence and development to the region as well as a host of other things that are necessary and lacking in the area. Supporting the creation of new plans for the area as well as new businesses is the key and supporting people who want to start their own businesses is another key aim of the association.

Corporate Membership

Prominent representation as a Corporate Member of •Ringaskiddy Business Association

Listing on Ringaskiddy Business Association website •www.ringaskiddy.biz

A unique opportunity to showcase your business to all •businesses in the area and others doing business in the area

Exclusive ‘Meet & Greet‘ of politicians and guest speaker •at the annual Ringaskiddy Business Dinner

A display colour advertisement of 1/4 page in Ringaskiddy •Business News magazine section of Business Cork

The Rate for Corporate Membership is €500 (+VAT)

Founding Membership (on request)

Prestigious representation as a Founding Member of •Ringaskiddy Business Association

Inclusion of your company logo in the Ringaskiddy •Business Association website www.ringaskiddy.biz


Corporate Sponsoting of The Ringaskiddy Business •Dinner

Priority reservation of prestigious seats or a table at •the Ringaskidy Business Dinner

Exclusive ‘Meet & Greet‘ of politicians and guest •speaker at the pre-dinner Reception

Prominent recognition of your company on the website •as a Founding Member

A full page colour advertisement in Ringaskiddy •Business News magazine section of Business Cork

Editorial opportunities in Ringaskiddy Business News •magazine section of Business Cork

Inclusion of your company logo as a Founding Member •in Ringaskiddy Business News magazine section of Business Cork

Ringaskiddy House, Ringaskiddy, Co. Cork

E: [email protected] W: www.ringaskiddy.biz

T: 021 5003050 F: 021 5003055

A NEW ERA FOR THE DEVELOPMENT OF BUSINESS IN RINGASKIDDY

Standard Membership

Representation as a Member of Ringaskiddy Business •Association

Listing in the Ringaskiddy Business Association website •www.ringaskiddy.biz


Exclusive ‘Meet & Greet‘ of politicians and guest speaker at •the annual Ringaskiddy Business Dinner

The Rate for Standard Membership is €250 (+VAT)

Further Details

For further details on all aspects of Ringaskiddy Business Association, please contact Michael Mulcahy at 021 5003060, [email protected] or Susie Brown at 021 5003064, [email protected]


24

GALLERY: KPMG CORK BUDGET 2016 BREAKFAST EVENT

1.

1. Michael Lynch - Tax Partner KPMG Cork 2. Joey Sheehan-My Mortgages, Niamh O’Donoghue Eoin Guinn-AIB, and Joan Slattery-KPMG 3. Michael Lynch - Tax Partner KPMG Cork, Prof Alan Ahearne NUIG, Caroline O’Driscoll - Tax Partner KPMG Cork, and Barrie O’Connell - Partner in Charge KPMG Cork 4. Prof Alan Ahearne-NUIG and Barrie O’Connell-Partner in Charge KPMG 5. Sandra Tunney-KPMG, John O’Doherty-AIB, Marie O’Callaghan-Ulster Bank, and Stephen McCarthy-Ulster Bank 6. Michael Dooley from Investec and Keith Bracken from BOI 7. Megan Flynn, Lorraine Buttimer, and Jemma Barry from KPMG 8. Catherine McAuliffe-Savills, and David Swinburne-KPMG Photos by Gerard McCarthy

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2626

GALLERY: LAUNCH OF ‘BEAMISH & CRAWFORD: THE HISTORY OF AN IRISH BREWERY’

1.

1. Heineken Ireland CEO Maggie Timoney with Beamish Family Descendents Richard Beamish - UK & Valarie Cooper - Kildare 2. Authors Diarmuid O’Drisceoil and Donal O’Drisceoil with Richard Beamish & Valarie Cooper 3. Marion Bradley Heineken Ireland and Sandy Boundy Heineken Ireland 4. Michael O’Donovan-Castle Inn, Patrick Conway-Heineken Ireland, and Ray Kennedy-Chairman Cork vintners 5. Heineken Ireland CEO Maggie Timoney with Beamish Family Descendents Richard Beamish & Valarie Cooper 6. Miriam O’Connell and Breda Slowey from Heineken Ireland Photos by Gerard McCarthy

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2.

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Heineken‘s commitment to provide a unique insight into Cork history and heritage is realised today with the launch of ‘Beamish & Crawford: The History of an Irish Brewery’

Thurs Nov 05 | The official launch of the HEINEKEN Ireland commissioned publication Beamish & Crawford: The History of an Irish Brewery , took place today in the unique and appropriate setting of the Long Room of the Crawford Art Gallery.

3.

4.

Darren Clarke, professional golfer, transforms his body with the Educogym programme!

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28

CORK AT A GLANCE

Bon Secours Hospital Cork has announced €50,000 funding for a shower block extension at St. Vincent’s Homeless Hostel, Anglesea St. Cork. This hostel, which is run by St. Vincent De Paul, accommodates Homeless men from all over Munster, and is one of the key frontline services at the cold face of the ongoing homelessness crisis. According to John Calnan, Manager of St Vincent De Paul homeless services in Cork: “This hostel caters for 74 service users every day, and has a significant waiting list. We are delighted to have forged this relationship withBon Secours Hospital.” Andrew McCarthy, Mission Leader at Bon Secours Hospital commented “we have a long track history of supporting homeless charities here in Cork through our Community Initiative fund, and are privileged to assist with the provision of funding to construct this shower facility. It is but a small intervention in the current crisis, but is essential for St. Vincent De Paul.”

sEaBROOK TECHNOlOGy GROup sIGNs CHaNNEl paRTNERsHIp aGREEMENT wITH sIEMENs plM sOFTwaRE FOR IRElaNd aNd uK

BON sECOuRs HOspITal CORK REspONds TO HOMElEss CRIsIs

The Purple Flag Awards night took place on November 3rd in Guildford, UK and was attended by members of the Cork City Purple Flag Steering Group. Lord Mayor Cllr Chris O’Leary led the delegation in accepting the Purple Flag Award on behalf of the City Centre, adding “it is an honour to once again have our city recognised as a diverse, unique and “must-visit” location. I am delighted to be here tonight and in accepting this award on behalf of the City, I recognise the partnerships that brought this award application to successful fruition. We have a great city and one that is energised and growing all the time, and I am delighted to accept this award and bring this accolade back to Cork City”. Gillian Keating, Chair of the City Centre Forum, added “There is so much happening in the city right now and we as a city need to and will keep building on this. We are delighted with this result and the city can fly this flag proudly as a mark of what we have to offer and the energy that is in the city and looking to the future”.

CORK dElEGaTION COllECTs CITy CENTRE awaRd

Seabrook Technology Group, a wholly Irish-owned manufacturing software specialist, has announced its partnership with Siemens Industry Software in Ireland and the UK. The partnership enables Seabrook to offer Siemens’ de facto standard PLM (Product Life Cycle Management) software to its new and existing clients in Ireland and in the UK. This partnership will strengthen Siemens distribution of the Teamcenter Product Life Cycle Management software in Ireland and ensure Ireland’s transition to digitized manufacturing.

The announcement was made at Enterprise Ireland’s high-profile showcase for medical device and diagnostic products, MedinIreland 2015, officially opened by An Taoiseach, Enda Kenny TD.The partnership is expected to generate revenue of over €1 million Euro in the first year to eighteen months for Seabrook. It will lead to the creation of eight new high-level jobs, six at its Cork offices and two in the UK. The technology firm has been operating in Ireland for 26 years. Over the past three years it has tripled its workforce and expanded into the US, with offices in California and Indiana. Welcoming the announcement Taoiseach Enda Kenny said: “Seabrook is a great example of a highly innovative, export-focused, Irish software company with a world-class product offering in the medtech sector. Seabrook’s partnership with Siemens PLM Software is a testament to the quality of their product offering which has seen the company grow its workforce and expand into global markets while this announcement today will create an additional six new high level jobs in Cork. I would like to congratulate both companies on this exciting partnership and wish them continued success for the future”. Siemens PLM Software’s digital technology is transforming manufacturing and allows clients to develop and optimise products on an entirely virtual basis. The software effectively ‘closes the loop’ in the manufacturing process; it enhances and integrates every aspect of the process, from planning and development through to production and support. The PLM industry is predicted to be worth US$50.7 billion by 2017. (CIMdata). Commenting on the news, Seabrook Technology Group CEO and founder Sean O’Sullivan said, “Seabrook welcomes this very significant partnership with Siemens PLM software. We are pleased to be at the helm of rolling out this pioneering technology, which will be especially beneficial to pharmaceutical and medical device industries. PLM ensures improved traceability of products and will have an immediate positive effect for the consumer or product end-user, who with the global lean towards wearable medical devices, are demanding greater transparency in product production.


29

INTERVIEW: GARVAN CERASI

Tell us about The LogiSkills Group?

The Logiskills Group is a multi award winning staffing specialist dedicated exclusively to the sourcing and retention of the best available talent within the Supply Chain Sector.

Established in 2004, the group has rapidly grown to become Irelands only dedicated staffing specialist for companies engaged in the manufacture or movement of product.

You have recently opened a new Cork office. Is there a growing market for you in Cork?

We have been servicing our Munster based clients from Dublin since 2004 and it had always been our intention to open a local office once some stability came into the market. Cork is long recognised as a pharma and technology cluster. It made sense for us to be located here to service this growing market along with the existing client base we have within the logistics, freight, transport and shipping industries that service these manufacturers.

Is there a specific niche in the recruitment market that you specialise in?

We are recognised as sectoral specialists for companies engaged in the manufacture or movement of product.

Typical departments that we service include Distribution, Engineering, Finance, Freight Forwarding, Inventory & Materials Management, Logistics & Supply Chain Management, Sales & Marketing, Manufacturing, Shipping and Warehousing & Transport.

As a total service provider, we offer temporary, contract and permanent solutions to our clients.

Do you feel a sense of optimism about the future of the economy, given the challenges of recent years?

Anyone who has survived the recession has to be optimistic when they contrast where we are today in comparison to depths of the recession.

Unemployment at 9.3% is dropping steadily quarter to quarter and we’ve come a long way since a recent peak of 15.1% in 2012. Inward investment and indigenous job creation is on the rise along with an increased demand for talent from the multi-nationals as the recent Apple announcement highlighted. Personal taxation rates are falling, interest rates remain at record lows and consumer confidence is returning to the high street.

All these factors provide buoyancy to the job market which is a direct indicator of a healthy growing economy. As consumer confidence rises so does demand for goods and services. Hence job creation advances along with diminishing job insecurities to the point where those in employment are seeking to advance their careers.

Functional Specialists:• Accounting & Support Staff• Business Development & Account Executives• Customer Service & Administration• Engineers• Freight Operations (Road, Sea & Air) • Inventory Management• IT Support & ERP System Specialists• Logistics Coordinators & Analysts• Operations & General Management• Planners (Buyer, Demand, Transport,

Logistics & Production)• Shipping Coordinators

The Logiskills Group is a multi award winning staffing specialist dedicated exclusively to the sourcing and retention of the best available talent within the Supply Chain Sector. Since 2004, the group has rapidly grown to become Ireland’s only dedicated staffing specialist for companies engaged in the manufacture or movement of product.

Sectoral Specialists:• Distribution• Engineering• Freight Forwarding• Inventory & Materials Management• Logistics & Supply Chain Management• Manufacturing• Shipping• Warehousing & Transport

The Logiskills Group can assist your company in identifying the best available candidates, quicker and more effectively than any other generalist agency.

We understand the industry and its unique requirements. We are continually aware of who and where the best available talent is in the market.

Affiliations & Certifications...

ISO 9000:2001 No: IE-19.3986 | Licence No: EA2181 | NRF Member: Yes

For further information contact us today on 021 233 9200 www.logiskills.ie3021 Euro Business Park - Little Island - Cork - T45 AH75

30 SECONDS WITH GARVAN CERASIMANAGING DIRECTOR OF THE LOGISKILLS GROUP


30

CORK AT A GLANCE

To mark the bicentenary of the birth of mathematical genius, George Boole, the CEIA - Cork’s Technology Network, today (Wednesday) launched an interactive Boolean logic game for students. Funded by Science Foundation Ireland (SFI) and in partnership with the Boole2School programme at UCC, the role-playing card game represents the true and false values of Booleans in every day uses, and is designed to be used by schoolchildren as an engaging and fun way to understand logic. Speaking at the launch, Valerie Cowman, Skills and Education Chair of the CEIA said: “While Boolean logic may sound like a very complex topic, it is actually the simplest of logics and the very basics of computing. Through our Boolean logic game cards, representing the true and false values of Booleans in every day uses, students – as young as 6th class – can understand and have fun with logic.” The application logic in the real world is not obvious to students, even though it is the fundamental basis of every computer, laptop, tablet and smartphone. Popular children’s computer games, such as Candy Crush and Minecraft, are clear examples of Boolean logic at work. The CEIA Bo01ean logic game demonstrates, through a role playing card game, just how Boolean maths influences our lives and modern world. The CEIA Boolean Internet Roadshow is being rolled out to schools in the coming months, and will bring the Bo01ean logic game to schools all over Ireland. “The CEIA has been working with schools in the Cork Region for a number of years now to drive the STEM agenda. As the representative body for the high tech sector in the Region, comprising ICT, manufacturing, medtech and innovative design companies, it is a natural fit for our organisation to promote the importance of Boole’s work through the roadshow and game. We are delighted to mark the centenary in this unique way for schoolchildren.” The Bo01ean logic game was devised by Eamon Connolly, CEIA outreach officer and Brian English, Board member of the CEIA. Having been trialed with 6th class primary students earlier this year, the game was adopted by Science teachers at the Eureka Centre in UCC as a tool to teach the basic principles of logic to students. In September 2015, the Irish Secondary Teacher’s Association (ISTA) introduced the game into their classrooms nationally. Following the official launch, the Bo01ean logic game is being distributed free of charge to students, teachers, parents through the CEIA website at www.ceia.ie.

BOOlEaN lOGIC GaME lauNCHEd By THE CEIaPFH Technology Group has appointed Paul Callaghan as Chief Executive

Officer. Paul has over thirty years’ experience in the ICT market. A director of PFH with responsibility for all commercial and operational aspects of the business, he previously held senior commercial and management positions with eircom, CK Business Electronics and Cara. “I’m delighted to take up the position of CEO,” said Callaghan. “I am very happy we are ideally positioned to progress the company to an exciting new level of growth, one which will be of great benefit to our clients.” “As a provider of ICT solutions that support business applications and processes PFH enables organisations and makes them more agile,” he said. “In particular, our cloud managed services approach is a truly winning innovation for companies of all sizes, effectively designed to reduce costs.” Paul Callaghan replaces Paul Hourican, who has taken up the position of Non-Executive Chairman. Hourican founded the Group in 1985.

NEw CEO aT pFH TECHNOlOGy GROup

Cork startups were in the spotlight at the Startup Gathering 2020 Forum, held at County Hall recently. As part of the Startup Forum event, four shortlisted companies pitched to win the Cork BIC Venture Academy award. Sothic Bioscience was the winning startup, led by Stephen Geary, with their next generation cell based technologies targeting the pharma sector. “The startups selected to pitch for the Cork BIC Venture Academy award showed incredible innovation in their company solutions and strategies,” said Michael O’Connor, Cork BIC. “Seeing the diversity of solutions, as well as variety of backgrounds of these entrepreneurs shows the promising pipeline of startups in the Cork region, and the strength of the ecosystem here in supporting these innovators.” Among those shortlisted for the Academy, and pitching for investment, were DiaNia

Technologies, which commercialises innovative extrusion technologies for advanced catheters. Another finalist, GlowDX, has developed the world’s first accessible diagnostics platform using novel molecular science to provide developing countries with high quality diagnostic tests. Safe Care Technologies provide assistive technology solutions for the disabled, elderly or impaired who want to live a more independent life in their home, through customisable control and monitoring of a user’s living environment. The winning company, led by Stephen Geary, is Sothic Bioscience for their next-generation cell based technologies, which aims to replace the use of unsustainable animal-derived reagents with scalable production of high-quality biomolecules. The Sothio product targets quality control and sterility testing in the regulated pharmaceutical and medical device sectors. “The pyrogen testing market is valued at in excess of USD $485 million and is projected to grow to more than USD $850 million by 2019,” explained Stephen Geary, CEO Sothio Science. “Our solution has the potential to be a game changer in the industry, and we are delighted to have been chosen as the Cork BIC Venture Academy winner. The judging process was rigorous and intense, with many serial entrepreneurs and seasoned investors on the panel, so this award really validates our solution and go to market strategy.” Speaking at the conclusion of the Startup Gathering event in Cork, regional co-ordinator and Cork innovates project director, Siobhan Finn added that “the spotlight shone brightly on Cork entrepreneurs, startups and businesses in the region during the Startup Gathering. The event showcased the diversity, opportunity and special ecosystem that Cork has developed to enable startups to thrive here.”

sOTHIC BIOsCIENCE wINs CORK BIC vENTuRE aCadEMy awaRd

Partnership International recently won Best International E- commerce website at the RealEX Payments Web awards in Dublin. Partnership International is a global work and study company with its headquarters on South Mall , Cork. It’s website allows people to choose an experience in a number of countries. such as language courses, internship programs, accommodation, summer camps etc. Joan Walsh, director of Partnership International ,said of the accolade: We are absolutely delighted with this national award. It is a real testament to the hard work and dedication of our team and the effort they put in to create a first class website. We are confident that our website will help drive our business forward and build on the success we have had in 2015.

paRTNERsHIp INTERNaTIONal wIN BEsT INTERNaTIONal E- COMMERCE wEBsITE

Functional Specialists:• Accounting & Support Staff• Business Development & Account Executives• Customer Service & Administration• Engineers• Freight Operations (Road, Sea & Air) • Inventory Management• IT Support & ERP System Specialists• Logistics Coordinators & Analysts• Operations & General Management• Planners (Buyer, Demand, Transport,

Logistics & Production)• Shipping Coordinators

The Logiskills Group is a multi award winning staffing specialist dedicated exclusively to the sourcing and retention of the best available talent within the Supply Chain Sector. Since 2004, the group has rapidly grown to become Ireland’s only dedicated staffing specialist for companies engaged in the manufacture or movement of product.

Sectoral Specialists:• Distribution• Engineering• Freight Forwarding• Inventory & Materials Management• Logistics & Supply Chain Management• Manufacturing• Shipping• Warehousing & Transport

The Logiskills Group can assist your company in identifying the best available candidates, quicker and more effectively than any other generalist agency.

We understand the industry and its unique requirements. We are continually aware of who and where the best available talent is in the market.

Affiliations & Certifications...

ISO 9000:2001 No: IE-19.3986 | Licence No: EA2181 | NRF Member: Yes

For further information contact us today on 021 233 9200 www.logiskills.ie3021 Euro Business Park - Little Island - Cork - T45 AH75


32

GALLERY: CUH CHARITY BALL CORK

1.

1. Norma O’Callaghan, Susie Horgan, Richard Martin, Colette Quinn and Richard Morrissey 2. Lord Mayor Cllr Chris O’Leary and Angela O’Leary 3. Gerald Kean and Lisa Murphy 4. Linda Kiely and Dan Kiely 5. Susie Horgan and Miriam Forde, CUH Charity Ball Committee 6. Susan Nathan, Maeve Cantillon, and Laura Healy-Rochestown 7. Annita O’Sullivan - Leamlara, Cecile Lee Coveney - Limerick, Jackie Walsh - Carrigaline 8. Pat O’Flynn - Douglas, Aoibhe O’Flynn, Linda Kiely, Etta and Richard Martin, and Dan Kiely 9. Sinead and John Murphy - Ballincollig Photos by Darragh Kane

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34

GALLERY: SAVILLE MENSWEAR TRUNK SHOW

1.

1. Philip Purcell-Master Craftsman from Barker Shoes with Andy O’Brien, Alan O’Donovan, Mark Kelleher, and Lorcan O’Regan from Saville 2. David and Sheila Coleman form Cork with Pam O’Regan-Saville 3. John X Miller - Cork Civic Trust, Michael Mulcahy - Hi Magazine, and Jonathan Smith - Big White Rabbit 4. Barrie O’Connell - Cork Chamber President, and Lord Mayor Chris O’Leary 5. Shane Roche-Innishannon House Hotel, Ruth Galvin-Blackrock, and Robbie Roche-Innishannon House Hotel 6. Catherine Lougheed - Ydentik Perfume Bar and Peyman Nasser from Il Padrino 7. Jim O’Regan - Saville Menswear, Philip Purcell, and Lord Mayor Chris O’Leary 8. Brian Teggart from Blarney and Klara Risberg from Eton ShirtsPhotos by Darragh Kane

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6.

8.

3. 4.

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Saville Menswear have brought their first international Trunk Show to Cork. This idea was innovated by Jim & Pam O’Regan at New York Fashion Week where the idea was created in correlation with their international suppliers who are delighted to be partaking in this event. The Trunk Show offers the customer an opportunity to view and choose from luxurious fabrics from the finest Italian mills and create their own individual and unique custom-made suit.

Unit 13A, Monahan Road Industrial Park, Monahan Road, Cork. t: 021 4808100To order: [email protected]

Guaranteed to Impress!

Our hampers include a mouthwatering selection

of Irish luxury gourmet treats and are individually wrapped and attractively presented to

make the most appealing gift. Ranging in price from

e20 to e600 and with both National and International delivery we have something

to suit everyone.

Call in to our Shop in Monahan Road

Open from 9am-5pm, Monday-Friday

HONOURING TRADITION & QUALITY FOR OVER TWO DECADES

WE ARE PROUD TO SUPPLY IRELAND’S FINEST FOOD.

T&C Xmas Ad A4 2015.indd 1 12/11/2015 20:00


36

GALLERY: IT@CORK LEADERS

1.

1. Tony Donovan, Assumpta Donovan, Michelle Donovan, and Ian McSweeney 2. Barry O’Connell-Planet 21, John Drury-it@cork, Noreen Fitzpatrick-Skillnets, and Pat Roche-Moog 3. Cllr. John-Paul O’Shea-Mayor of Cork County, Liz Mellett-Carrigaline, Cllr. Susan McCarthy and Fergus McCarthy from Midleton 4. Rear Admiral Mark Mellett-newly appointed Chief of Staff of the Defence Forces, with wife Liz Mellett and daugter Laura 5. Claire Mulcahy-BMW Ireland, and Amy Meehan-Keary’s BMW 6. Barrie O’Connell-President Cork Chamber, Sarah Walsh-it@cork, and Ronan Murphy-Chairman it@cork 7. Ray O’Connor-IDA, Ann Doherty-CEO Cork City Council, Donal Travers-IDA, and Michael O’Neill-Red Hat 8. Kathleen Murphy and Laura Mellett of Xanadu 9. Clodagh O’Keeffe and Edwina Barrett of Xanadu 10. Linda O’Sullivan-Insight Centre for Data Analytics, and Caroline O’Driscoll-Kpmg & Vice Chair of it@cork Photos by Diane Cusack

2.

7.

10.

3. 4.

5. 6.

8. 9.

Please visit our online shops atwww.bigwhiterabbit.com for ebay and

www.bigwhiterabbit.com/amazon for Amazon

IRELAND’S BEST VALUE ONLINE RETAILER

BigWhiteRabbit is now one of the largest online retailers in Ireland with both eBay and Amazon shopfronts and having the coveted ebay Top Rated Seller status with 100% postive feedback from over 35,000 happy customers. Over 1200 products available from a diverse range including electronics, home and garden, computer accessories, lifestyle products and plenty of childrens items including Hello Kitt y, Disney’s Minnie Mouse and Spiderman, all at the very best prices available online.


38

SANDRA MAHERMANAGING DIRECTORCall Now 1890 467 747

Inspire Financial has been a trusted source of independent financial advice for both personal and corporate clients since it was founded in 2006. The owner and founder Sandra Maher has over thirty years’ experience in the financial sector and thrives on working individually with each client to ensure they have a financial planning package that is easy to understand and tailored to each client’s specific needs. Inspire Financial provide expert advice to a wide range of personal individuals, as well as businesses in the software, telecommunications, engineering, medical and hospitality sectors.

Personal ClientsWhether you are an employee, a business owner or a retired individual, Sandra and her team will help secure your financial future so you and your family can enjoy the most important things in life knowing that your money is working for you in the best possible way. This is done by taking a long view of your financial needs throughout your lifetime - whether it is moving to a new property, saving for a college education for your kids or ensuring that your pension and retirement savings are invested in an appropriate strategy that is evaluated and reviewed on an ongoing basis.

The financial planning process is typically done in stages including – Review, Strategy, Implement and Evaluate. This process ensures all personal finances are taken into account at the outset. Once the strategy is agreed upon it is monitored closely on an ongoing basis to ensure that any changes in personal, governmental or general economic conditions are taken into account and adapted to provide the strongest possible returns.

Corporate ClientsInspire Financial works with a diverse range of businesses helping them select and implement investments and deliver the best package of employee benefits.

Educating employers on the optimum strategies to attract and maintain key employees has been the

cornerstone of Inspire Financial’s corporate work. The range of benefits on offer can often times be a source of confusion to busy business owners, not aware of the benefits of offering employee pension plans, life insurance and health insurance. For employers with existing benefits in place, Inspire Financial can undertake an independent review of these benefits with a view to providing an improved service at similar or lower cost for the business.

As well as working with business owners to take the stress out of negotiating these employee benefits, Sandra and her team will also guide employers through executive pension planning – providing advice on the maximum level of pension contributions that can be paid into your plan, as well as the best investment options based on our extensive research of the options available.

As Inspire Financial are fee-based they are not tied to any financial products, meaning the advice and strategies formulated are 100% independent and each case is tailored for the client in a highly personalised manner. If you are tired of wondering how much your assets are worth, or how best make your money work for you, contact the team at Inspire Financial today.

Sandra Maher author of “7 Steps to Attaining Your Financial Goals”Download your free copy now atwww.inspirefinancial.iePhone: 1890 467 747 Email: [email protected] Financial Options Ltd., t/a Inspire Financial & Inspire Financial Options is regulated by the Central Bank of Ireland

CORK AT A GLANCE KEN’S KITCHENVeal Marsala SERVES 4

MethodStep 1Place the flour on a plate and season with salt and pepper. Heat half the oil in a large non-stick frypan over high heat. Lightly coat 4 of the veal pieces in the flour.

Step 2Add the veal to the pan and cook for 30 to 40 seconds on each side, or until just cooked. Transfer to a plate and repeat this process with the remaining veal and seasoned flour.

Step 3Add the marsala to the pan and scrape off any bits of veal that may have stuck to the bottom of the pan. Simmer for 3 to 4 minutes, or until reduced by about half. Stir in the cream. Taste and season with salt and pepper. Return veal to the pan. Turn to coat in sauce and heat through.

Step 4Place two pieces of veal on each serving plate and drizzle with sauce. Serve with steamed green beans and mashed potato.

Two of Ireland’s leading web development and digital marketing agencies, Cork-based Granite Digital and Enhance Multimedia of Dublin, are teaming up to provide web design, development and digital marketing services nationwide, in a partnership worth €2m in turnover. Granite Digital has signed an agreement with web firm, Enhance Multimedia, which sees the creation of one of Ireland’s largest web design, development and digital marketing agencies. The combined businesses will have over 30 employees and will maintain offices in Dublin and Cork, followed by the imminent establishment of a presence in Galway. The combined business will offer a wider range of products and services to clients of both companies. Combined the overall group expects to top €5million in turnover by 2018. Speaking about the deal, Granite Digital CEO, Conor Buckley stated: “This is fantastic news for both businesses. It has long been our ambition to take our business nationwide and, while we already service many customers in Dublin and elsewhere, it will be hugely beneficial to have a Dublin-based team. We are delighted to get the opportunity to work with Enhance’s existing customers and to make new services available to customers of both businesses. We are very much looking forward to working with the team at Enhance.” Granite Digital has significant experience of combining web businesses, having very successfully teamed up with Digital Crew in 2011, and having taken over the portfolio of Fireball Media in 2013; establishing Granite as the largest specialist digital agency in Munster. Founded by Partners, Conor Buckley, Robert Carpenter, Seamus White and Ger O’Shea in December 2008 and chaired by Alf Smiddy, Granite provides a full service web agency delivered by a talented and experienced team. In just under seven years, the original team of four will have expanded to more than 30 following this deal. The team offers a full range of digital services to an impressive list of large and small clients including Cork Institute of Technology, Bon Secours Hospitals, UCC, UCD, Munster Rugby, Institute of Technology Dublin, Meadows and Byrne, Barry’s Tea, Blarney Woollen Mills, World Choice Travel, Timberland Ireland, The Fota Collection, Ceramicx and Enterprise Ireland. Enhance Multimedia CEO, Sean Byrne said: “We are delighted to be joining forces with Granite Digital to bring two great businesses together and to develop a business that can truly offer nationwide services. This deal will cement the core service offerings of both businesses and allow us to offer all clients an expanded suite of services in the digital space. We very much look forward to working together and are already on our way to becoming one team.”

For further information visit www.granite.ie and www.enhance.ie

NEw dIGITal aGENCy CREaTEd

Kenneth O’Flynn, Food & Wine Editor

1/4 cup plain flour• 1 1/2 tablespoons olive oil• 8 (about 80g each) veal leg steaks• 3/4 cup marsala• 1 1/2 tablespoons extra light • thickened creamsteamed green beans and mashed • potato, to serve


39

SANDRA MAHERMANAGING DIRECTORCall Now 1890 467 747

Inspire Financial has been a trusted source of independent financial advice for both personal and corporate clients since it was founded in 2006. The owner and founder Sandra Maher has over thirty years’ experience in the financial sector and thrives on working individually with each client to ensure they have a financial planning package that is easy to understand and tailored to each client’s specific needs. Inspire Financial provide expert advice to a wide range of personal individuals, as well as businesses in the software, telecommunications, engineering, medical and hospitality sectors.

Personal ClientsWhether you are an employee, a business owner or a retired individual, Sandra and her team will help secure your financial future so you and your family can enjoy the most important things in life knowing that your money is working for you in the best possible way. This is done by taking a long view of your financial needs throughout your lifetime - whether it is moving to a new property, saving for a college education for your kids or ensuring that your pension and retirement savings are invested in an appropriate strategy that is evaluated and reviewed on an ongoing basis.

The financial planning process is typically done in stages including – Review, Strategy, Implement and Evaluate. This process ensures all personal finances are taken into account at the outset. Once the strategy is agreed upon it is monitored closely on an ongoing basis to ensure that any changes in personal, governmental or general economic conditions are taken into account and adapted to provide the strongest possible returns.

Corporate ClientsInspire Financial works with a diverse range of businesses helping them select and implement investments and deliver the best package of employee benefits.

Educating employers on the optimum strategies to attract and maintain key employees has been the

cornerstone of Inspire Financial’s corporate work. The range of benefits on offer can often times be a source of confusion to busy business owners, not aware of the benefits of offering employee pension plans, life insurance and health insurance. For employers with existing benefits in place, Inspire Financial can undertake an independent review of these benefits with a view to providing an improved service at similar or lower cost for the business.

As well as working with business owners to take the stress out of negotiating these employee benefits, Sandra and her team will also guide employers through executive pension planning – providing advice on the maximum level of pension contributions that can be paid into your plan, as well as the best investment options based on our extensive research of the options available.

As Inspire Financial are fee-based they are not tied to any financial products, meaning the advice and strategies formulated are 100% independent and each case is tailored for the client in a highly personalised manner. If you are tired of wondering how much your assets are worth, or how best make your money work for you, contact the team at Inspire Financial today.

Sandra Maher author of “7 Steps to Attaining Your Financial Goals”Download your free copy now atwww.inspirefinancial.iePhone: 1890 467 747 Email: [email protected] Financial Options Ltd., t/a Inspire Financial & Inspire Financial Options is regulated by the Central Bank of Ireland

BUSINESS PROFILE: INSPIRE FINANCIAL


40

Amy ShineHolohan SolicitorsWaterview House16 Sundays Well RoadCork021 [email protected]

The New Workplace Relations Act 2015: HOW DOES IT AFFECT YOUR BUSINESS?

The bulk of the new act came into effect on 1 October 2015. It’s a game changer for every employer and worker in Ireland and should make it less complicated for employees to bring claims and for employers to respond to them. It is designed to provide swifter access to justice and quicker resolutions of disputes for everyone. The main objectives of the Act are twofold to:

To reform Irelands workplace relations bodies

To simplify and streamline the workplace disputes procedures and bodies

HOW DOES IT WORK

Dispute ResolutionIn harmonising and de-cluttering the current system, the Act provides a single gateway for employment disputes in Ireland and replaces the current maze of tribunals and courts. From now on all employment disputes - everything from unfair dismissals and discrimination claims to working time issues, pay claims and any industrial relations issues - will be referred to the newly established Workplace Relations Commission (“WRC”) in the first instance. There is now one appeal body and that is the Labour Court.

Time Limits to bring ClaimsLimitation periods for the referral of a dispute under any employment or equality legislation will be standardised to six months. This can be extended to twelve months where “reasonable cause” can be shown.

Early ResolutionThe Act encourages mediation and the early resolution of disputes as close to the workplace as possible and without the need for parties to have to resort to formal adjudication where possible.

An Early Resolution process is currently being trialled. When a complaint arrives at the WRC it may be referred to a mediation officer if it is deemed suitable for early resolution. If so, and if both parties agree to it, then a mediation conference (potentially held over the phone) will be convened. Any resolution arising from this will be binding on the parties and enforceable in the Courts.

Adjudication of DisputesIf early resolution is not deemed appropriate, is refused by the parties, or if an attempted mediation is unsuccessful, a dispute will be referred to a single adjudicator at the WRC. This process is envisaged as being more inquisitorial than adversarial - the hearing will be held in private and evidence will not be on oath. Representation (legal or otherwise) will be allowed, but there are no references in the Act to the examination or cross-examination of witnesses. All decisions of adjudicators will be published on the internet on an anonymised basis.

AppealsFrom now on, any appeal from a decision of an Adjudicator will simply go to the Labour Court in all instances. The Labour Court hearings will be public and decisions will be published in full, unless special circumstances arise.Compliance Provisions

The Sting in The TailThe Act goes far beyond simply reforming processes and procedures. In order to promote higher levels of compliance with employment and equality law,

employers can now be penalised with “on the spot fines” (with the possibility of imprisonment) for breaches of employment law.

A WRC inspector can issue compliance notices for breaches of certain Acts. Failure to comply with a Compliance Notice will be an offence and on indictment may result in a fine of up to €50,000 or imprisonment for up to 3 years for the employer concerned. Where a WRC inspector has reasonable grounds for believing that an employer has committed an offence under the Protection of Employment Act; Payment of Wages Act; or National Minimum Wage Act, they may issue the employer with a fine or “Fixed Payment Notice” which may not exceed €2,000.

HOLOHAN SOLICITORS

EMPLOYMENT LAW UPDATEAmy Shine, Partner Holohan Law Solicitors & Business Advisers

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SUSIE BROWN PRPUBLIC RELATIONS SPECIALISTS FOR BUSINESS, CIVIC & SOCIAL

ORGANISATIONS

353 87 266 2942 www.liamsheehan.ie [email protected]

Liam Sheehan is one of Ireland’s best and personable magician and mentalist. He has been providing a unique style of cooperate entertainment that has taken him to cooperate events big and small all over Ireland and more further field, he has performed for clients in the famous Waldorf Astoria Hotel in New York and famed for his working and living with Superstar Michael Jackson.


43

GALLERY: GIRLS WANNA HAVE FUN AT CELTIC ROSS HOTEL

1.

1. Claire Barry - Cobh, Dolores McCaghin - Carrignavar, Pat Sheehan - Cobh, Angela Foley - Glanmire, and Mary McCann - Wiltonv 2. Mother and daughters Gillian Hennessy, Patsy Hennessy, and Gemma Bunyan - Ballincollig 3. Nicoal Creedon - Ballyvourney, Aine Byrne - Cobh, and Grainne Lucey - Ballyvourney 4. Gemma Bunyan - Ballincollig, Patsy Hennessy - Ballincollig, Katherine McCleverty - Ballyvolane, Gill Knight - Kidderminister UK, Sinead Craowley - Ballygarvan, Elaine O’Regan - Ballygarvan, Gillian Hennessy, Alison Coveney - Ballygarvan, Margaret Coveney - Ballintemple and Carmel McCleverty - Kilcully Photos by Darragh Kane

2.

GALLERY: CHRISTMAS WINDOWS AT BROWN THOMAS

3. 4.

On Thursday 5th November, sisters Emma Walsh (age 6) and Katie Walsh (age 8) were on hand with Santa Clause to help launch the magical Christmas Windows at Brown Thomas Cork Photos by Gerard McCarthy


45

MOTORING NEWS

While the crossover market is quite a crowded space, the Lexus NX300h has found a niche within it and is seen as a very welcome addition to the Lexus model range. The Japanese

premium brand, which has adopted a fundamentalist approach to hybrid powertrains has always been something of a niche player on the market but that’s become increasingly the case as its German rivals slice and dice the premium market with a cavalcade of derivatives and engine options. So what of the NX? Well it’s clear that Lexus was eager to make it stand out from the crowd. With the enormous front grille on the higher-end F-Sport variant the car is certainly not going to disappear into the rest of the crossover traffic. Even with the more traditional split grille front nose - which will be the norm on virtually all Irish models sold - the multiple creases and sharp lines adorning nearly every body panel should ensure you can pick the NX out in contrast to the more traditional - and perhaps mundane - rivals. In keeping with the hybrid-only mantra, the NX is powered by a mix of a 2.5-litre four cylinder petrol engine and an electric motor and battery pack. Total output is 197bhp and from my test it is clear that it can manage an impressive 5 L/100km or 56.5mpg in old conversions, with emissions of just 116g/km. That’s lower than most of the similarly powered diesel rivals. In performance terms it manages to get to 100km/h from a standing start in 9.3 seconds.

As with most other Lexus models the NX is an easy drive and a relaxing drive. Inside and in contrast to many open and airy crossover cabins the front occupants are cosseted in a busy high set front cabin. The high central console is awash with prominent buttons and controls, similar in format to the current IS model. If you opt for the Lexus premium navigation pack, you also get the firm’s latest touch control pad. This lets

you move the cursor between buttons on the display screen mounted on the dash. There’s a vibration as you flit between on-screen tabs, which makes it easier to use while driving as you quickly become used to which button is which and don’t have to look away from the road. Rear seat legroom isgood with adult passengers, while the boot is deep - with a nice deep storage well under the regular floor. While six versions of the NX will be offered for the Irish market starting with the so-called Eco specification at €43,950, the vast majority of Irish sales will be Dynamic or Executive versions, priced at €48,950 and €50,950 respectively. Most will also be front-wheel-drive, with only the Executive offered with a choice of front or all-wheel-drive (AWD) for an additional €2,000 on the price. The F-Sport and Premium versions will have AWD as standard. The AWD system works off an additional electric motor powering the rear axle, but it only really kicks in when is senses a loss of grip. So who will buy? Expectations are that it will largely be younger buyers, with 80 per cent of owners coming to Lexus for the first time. Rivals range from the Audi Q5, BMW X3 and Volvo XC60 through to the much-loved Range Rover Evoque. However it’s likely that initial buyers may also be found in owners of older RX models seeking to downsize. Lexus is predicting sales of over 200 NX models this year which we suspect could be higher. The NX should prove a popular hit, particularly for those looking for an alternative to the Audi and BMW offerings, both of which could be considered rather bland in styling. It’s competitively priced and boasts the renowned Lexus build quality that has held the brand in high esteem for a long time. It’s certainly a welcome additional model for a brand that has a lot more to come.

LEXUS NX300h

Efficient and Super Stylish


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CORK AT A GLANCE

O’Donovans – the Cork Wine Merchants - are proud to announce details of the forthcoming 13th Cork Wine & Craft Beer Fair taking place on Thursday 26th November 2015 from 4-9pm in the Kiltegan Suite of the Rochestown Park Hotel, Cork. 400 Wines from a worldwide network of suppliers will be showcased in an event spearheaded by a comprehensive wine selection backed up by premium spirits, gourmet foods, and craft beers & ciders, both Irish and international from our extensive craft beer & cider range in O’Donovans Off Licences.

The Cork Wine & Craft Beer Fair has become one of the leading lights in the Irish wine event calendar and this year promises to build on the fine reputation it has earned. Parallel to the wines on display will be a number of Wine & Craft Beer Master Classes conducted by wine/beer authorities of the highest calibre! Tickets are €15 and available from any of the 16 O’Donovan’s branches in Cork City and County, also available online at www.odonovansofflicence.com. All proceeds are in aid of The Cork Simon Community –a much needed and well-respected charity that has brought light to the lives of people in our community.

13TH wINE & CRaFT BEER FaIR

Synergy Southwest took place on recently in Charleville Park Hotel. Network Ireland’s Cork, Tipperary and Limerick branches and Kerry Businesswomen’s Network organised this inter-branch event to promote and celebrate women in leadership roles in business, politics and the professions. The discussion panel for Synergy Southwest, which was chaired by Newstalk’s Jonathan Healy, was composed of key politicians and business professionals , and they debated topics such as women’s leadership roles in enabling entrepreneurship and business development for SME’s. As well as a strong group of panelists, a power brunch was included which was sponsored by Charleville Park Hotel and there was many networking opportunities throughout the morning. President of Network Ireland Cork branch, Helen Wycherley stated: “Synergy Southwest was the first time we have organised an inter-branch event on a Munster level, and I see an event of this kind as a great opportunity for women throughout the region to meet like minded contemporaries. Gathering such fantastic women from all arenas - business, politics and the professions- is a celebration of women’s leadership skills in the Irish workforce. We at Network Ireland want to equip women with the skills they need to reach their full potential in terms of leadership and professional competence.” Helen added: “The discussion panel covered topics from growing your own business to navigating the paths of PRSI and taxes. This forward thinking event by Network Ireland’s Cork, Tipperary and Limerick branches and Kerry Businesswomen’s Network was a great source of advice for women in their professional lives. Synergy Southwest will promote the leadership roles of women in politics and business, which is a message I strongly support.” Network Ireland has branches nationwide, and provides a platform for women in business, the professions and the Arts to become part of a supportive and resourceful community. It promotes the worthwhile contribution of women in the Irish economy and aims to help women reach their professional goals. Local branches hold monthly meetings Network members are treated to networking events with guest speakers, and members can avail of training, mentoring and support and advice from their contemporaries.

syNERGy sOuTHwEsT- CONNECTING wOMEN IN BusINEss all OvER MuNsTER!

Ireland’s first ever National Digital Week took place in Skibbereen in the heart of West Cork, with over 2,000 entrepreneurs, digital marketers, technology enthusiasts and those embarking on a digital journey, attending. National Digital Week aimed to develop entrepreneurship by making digital accessible for all, and is the first of its kind in a non-urban area in Ireland. It caters for everyone and anyone with an interest in the future of digital technology. The 4 day event, which was organised by the recently established Ludgate@Skibbereen, Ireland’s first rural digital hub, focused on the future of digital technology and was attended by Minister for Communications, Energy and Natural Resources, Alex White. It featured more than 60 high profile international and national speakers on two stages, including Ronan Harris, Head of Google EMEA, and Dr. Laurence O’Rourke, Rosetta Mission Science Operations Coordinator at the European Space Agency, who discussed the applications of STEM in a practical way and the success of the Rosetta mission and the future of space exploration. Ingrid Vanderveldt of the US based Empower A Billion Women 2020 organisation, who was a former entrepreneur in residence at DELL and CNBC television host, also spoke at the event, and she and her team conducted workshops with attendees and showcase toolkits for entrepreneurs from their EBW2020 programme. The formal partnership formed between National Digital Week & EBW 2020 is an injection of confidence in rural Ireland. Commenting Ingrid said, “I am very excited to play a part in the partnership between EBW 2020 and National Digital Week, which provides the tools, technology and resources needed to succeed in business in a digital age. Google, Discovery Networks, Enterprise Ireland, the ESA, Musgrave Group, PayPal, Vodafone, and Microsoft are just some of the other companies that presented at National Digital Week, and there was also a video conference from Ireland’s Digital Ambassador Lord David Puttnam.

IRElaNd’s FIRsT NaTIONal dIGITal wEEK HEld IN sKIBBEREEN

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Business Cork - Issue 3

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