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We offer a dedicated team of experienced individuals with a focus on successfully executing transactions for corporates and financial institutions. We offer an integrated approach, with our corporate finance specialists working seamlessly with tax and other specialists to ensure that every angle is covered.
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Economic Advisory
Our all-island Economics Advisory team combines expertise in economics and business with a wealth of experience across the public and private sectors.
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Forensic Accounting
We have a different way of doing business by delivering real insight through a combination of technical rigour, commercial experience and intuitive judgment. We take pride in delivering responsive and tailored solutions to all our clients, capitalising on the wealth of experience housed within our Belfast and wider Forensics team
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People and Change Consulting
The Grant Thornton People & Change Consulting practice works with clients on these issues as well as on all aspects of how they attract, retain, engage develop, deploy and lead their people.
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We work with a wide variety of clients and stakeholders such as high street banks, private equity funds, directors, government agencies and creditors to implement solutions which provide the best possible outcomes.
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Technology Consulting
Motivating and assisting our clients to pursue, maintain and secure the benefits of digital solutions is at the core of our Digital Transformation teams' agenda and goals. We work with business leaders to deliver efficient digital strategies and operating models that provide new or enhanced capabilities.
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Corporate and International Tax
Northern Ireland businesses face further challenges as they operate in the only part of the UK that has a land border with a country offering a lower tax rate.
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Employer Solutions
Our team specialises in remuneration and incentive planning and works closely with employers, shareholders and employees to ensure that business strategies are aligned and goals achieved in the most tax efficient, cost-effective manner.
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Our team of experienced advisors are on hand to guide you through any decision or transaction ranging from the establishment of new business ventures, to realising value on exit, to succession planning and providing for loved ones.
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Grant Thornton Ireland offer a different approach to managing global mobility. We have brought together specialists from our tax, global payroll, people and change and financial accounting teams across Ireland and Northern Ireland, while drawing on the knowledge and insights of our global network of over 143 offices of mobility professionals to provide you with a holistic approach to managing global mobility.
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Our outsourced service provides valued service to over 150 separate PAYE schemes. These ranging from 1 to 1000 employees, working for micro, SME and global employers. The service is supported by the integrated network of tax and global mobility teams and the wider Grant Thornton network delivering a seamless service. Experienced staff deliver a personal service built around your business needs.
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VAT and Indirect Taxes
At Grant Thornton (NI) LLP, our team helps Northern Ireland businesses manage their UK and global indirect tax risks which, as transactional taxes, can quickly become big liabilities.
Automation – complimenting, not competing
22 Jan 2019There is a lot of talk about automation and artificial intelligence (AI) at the moment. At a time where the repercussions from the 2008/09 Financial Crisis are ongoing, such talk is often unnerving. Fear is a natural response to change. It’s protective, and inherently conservative – the “better the devil you know” effect. When we perceive a lack of choice in such change, the resistance becomes stronger.
So, how can we minimise concern, make change more predictable – and, most of all, beneficial for staff? How can we change “What does this mean for me?” to “This is what I am going to do”?
The Economist recently wrote; “What determines vulnerability to automation, experts say, is not so much whether the work concerned is manual or white-collar but whether or not it is routine.” The bad news is that no level of work is safe; the good news is that all workers are better off redirecting their energies into more creative, changing and soft-skills-focused work. Simply, what can a computer not do?
Indeed, this is very much the prescription in a recently published book, Reinventing Jobs, by Ravin Jesuthasan and John Boudreau. We need to optimise human talent. Not only this, but automation is an opportunity to replace repetitive, isolated and dangerous work with safer work that involves more human interaction, variability and mental challenge.
A step-by-step process of deconstructing the existing job into work activities enables us to see how automation can eliminate the more tedious, often dangerous work. The time and energy saved liberates the worker to engage in more complex tasks. A worker liberated from more mundane tasks is freed to pursue their own development in more complex, cognitive, and strategic tasks.
From a consultant perspective, the onus is on us to ask, how well is this conveyed to workers who are rightly concerned about automation? How well do we afford them the opportunity to share their concerns?
More is required. Putting staff front and centre enhances adoption of change projects. Empowerment is the chance to attain and retain control.
Communications is in everything we do. Authentic, open, and active communication with all staff from the bottom-up and top-down is vital. Both hearing staff’s justifiable concerns, and communicating the benefits to workers in real-world examples of existing automation change projects, is essential.
Fear and anxiety of the unknown is natural. An active engagement with change is a significant part of the solution. Automation will increase – linearly, if not exponentially. Therefore, all staff should be focusing on their human, value-adding skills, and how they develop them. Don’t try to compete on mechanistic productivity, but on creativity, adaptability, and engagement – human engagement. Most of all, take an active approach to developing your competencies.