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Business Risk Services
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
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Corporate Finance and Deal Advisory
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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Restructuring
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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Entrepreneur and Private Client Taxes
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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Global Mobility Services
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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Outsourced Payroll
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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Tax Disputes and Investigations
Our Tax Disputes and Investigation team is made up of tax experts and former HMRC investigators who have years of experience in dealing with a variety of tax investigations. Our expertise and insight can guide you through all interactions, keeping your cost at a minimum while allowing you to continue with the day to day running of your business.
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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.
Implementing change in the workplace has long been a challenge for management teams both in Ireland and around the world. Naturally, many resist change as it interferes with autonomy, and introduces an element of uncertainty to the workplace. Add Brexit into the mix and its ability to unsettle even the most resilient of workforces can hinder even the most straightforward change programmes from a people perspective. Furthermore, the digital age has introduced an unsettling era of change that is fast moving and unfamiliar. With advances in areas such as Automation and Artificial Intelligence, it is easy for employees to be unnerved by new initiatives and pushed into a state of inertia. However, it is important to ensure that employees remain central in change efforts, in order to maximise the chances of success and making it sustainable.
Previously, visionaries such as Frederick Taylor and his ideation of Scientific Management would have prioritised processes and systems over people. Taylor himself is quoted as saying:
‘‘In my system, the workman is told precisely what he is to do and how he is to do it, and any improvement he makes upon the instructions given to him is fatal to success.’’
This outlook is echoed by others throughout the 70’s with the opinion that ‘‘People are trouble, but machines obey’’, or ‘‘Robots don’t strike”. Although Taylor experienced impressive success with his approach across much of the 20th century, it is important to understand that this approach is inherently outdated. The issue with this formalised outlook is that it fails to utilise one of society’s most precious assets, which is the skill and creativity of its people. A people-centric approach to change ensures present-day initiatives avoid the same pitfall.
A common issue with modern change efforts is that new initiatives, such as unfamiliar technologies often lie outside the skillset of incumbent workforces, which creates an obvious tension between management and employees. A people-centric approach helps to re-align such change as an opportunity, rather than a threat.
One way to achieve this is by creating a healthy learning culture. As mentioned previously, the digital age has accelerated the rate of change, meaning formal training programmes often struggle to keep up. As such, a continuous learning culture with broadly available training is paramount in order to repeatedly enhance employees’ skills, and sustain a talent pipeline.
Another important element in a people-centric change model is to engage employees in the transition, rather than simply guide them through it. By presenting the change as a pathway to professional and personal improvement, employees will not only get on board with the change initiative, but also contribute to it.
This approach can essentially be viewed as a means of growing your workforce. When cross-referencing the required skills for change vs the current skill sets of your workforce, it is important to think beyond the talent market when addressing shortages that may result due to the volatility of today’s markets and a potential Brexit. Instead, by looking to grow your own talent pool, you can facilitate a cooperative change process; and one, which is rewarding to both you and your employees. Ultimately, management must communicate change as a genuine opportunity for their employees, and not as a threat. By inspiring employees with the why, you can help minimise resistance on the how.