resilience reporter

resilience starts with information

Disruption a key challenge for directors…and more

Resilience at core of JJ O’Toole’s success

Set up in 1914 and now based in Raheen in Limerick, the company is Ireland’s oldest packaging supplier. Last week, I met up with the company’s CEO, Vicki O’Toole, to learn the secret behind the company’s success. A confident and articulate businesswoman, Vicki took over the business in 2010 following the death of her husband Fergus – grandson of the original founder. It has been a long and challenging journey for the former full-time mother and homemaker and one that she had never envisaged undertaking. Yet a combination of tragedy and necessity left her with few options but to rise…

 

Disruption a key challenge for directors

Most directors (73%) are spending more time on risk than a year ago yet only half say they have the capacity to deal with increasing business complexity – and 47% expect to face major disruption within the next two years. The latest IoD NZIER Director Sentiment Survey, designed to take the pulse of the director community, says technological and business disruption, and the time spent on risk oversight are key challenges for directors. IoD Chief Executive Simon Arcus says disruption will happen, it’s not a case of if but when, and directors being involved in the conversation is good news. “Developing board and organisational capability are areas of focus for directors to ensure organisations are resilient, so it is pleasing to see that 60% of boards agree diversity is a key consideration and 62% regularly discuss composition for the future,”…

 

British winter could feel longer and colder because of El Nino

Met office

Winter could feel longer and colder than normal this year because of the El Nino weather event, the Met Office has warned. Yesterday the World Meteorological Organisation said the weather phenomenon, which will continue until next Spring, is one of the strongest seen in 50 years. Traditionally a strong El Nino weather event brings plummeting temperatures and colder than usual winters, particularly at the end of the season…

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