10/03/2003

Business leaders must show 'leadership'

Northern Ireland’s business people must show leadership in the broader civic community and accept a greater role within society, according to Feargal McCormack, Chairman of the Ulster Society of Chartered Accountants.

Mr McCormack was speaking to over 400 guests at the Society’s Annual Dinner over the weekend. He said Chartered accountants and the broader Northern Ireland business community must be encouraged to accept "greater corporate social responsibilities and to become more pro-actively involved in public life".

He added: “We can’t change the past, indeed we have probably been shaped by it, but we can influence the future. We owe it to our generation, and to future generations, to ensure that political stability and mutual understanding is the norm on the island of Ireland. I therefore pose the question – if not now, when… and if not us, who?”

Mr McCormack welcomed this week’s effort to further develop the peace process and urged the politicians involved to negotiate a final settlement.

In relation to Northern Ireland’s economic future, Mr McCormack said: “Emphasis on encouraging entrepreneurship and research and development is correct. I believe that the next cycle in the development of the Northern Ireland and indeed the island economy, must be to place even more significant emphasis on research and development. We need to encourage and become the drivers of technology, rather than implementing other people’s ideas.

“Looking to the future, I am confident that the Ulster Society of Chartered Accountants will continue to be a progressive and outward-looking organisation dynamically engaged with its many constituencies and driven by a vision, not just for itself, but for the community it serves.”

Guest speakers at the Ulster Society’s Annual Dinner included Martin Naughton, Chairman of the Glen Dimplex Group and of InterTradeIreland; Denis OBrien, founder of Esat and Digicel and Chairman of the Games Organising Committee for the 2003 Special Olympics; and Senator David Norris.

(GMcG)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

23 March 2010
Ritchie Welcomes Lisburn Scheme
NI Social Development Minister Margaret Ritchie has welcomed the establishment of a new 'Shared Future' scheme in Lisburn. Minister Ritchie today visited the 112-home scheme at Pond Park which has been transformed from former military housing into a new Shared Future neighbourhood, home to families of different religious and cultural backgrounds.
05 February 2002
Stress at work claims are on the rise
According to one of the UK’s leading providers of income protection, Unum, many employers are failing to implement simple procedures to assist staff who are experiencing stress related conditions. Unum estimate that around half of all sickness absence is due to stress related claims and these incidents have risen by 51 per cent since 1995.
04 July 2012
Foster Announces New Online Initiative To Grow NI Global Natwork
Enterprise Minister Arlene Foster has announced the creation of a new not-for-profit virtual organisation, Northern Irish Connections, to develop and grow the support of people with a connection to Northern Ireland by birth, family, education or business.
21 May 2018
Future Workforce Workshop To Focus On Engineering Skills
Belfast Metropolitan College's Engineering Team have announced a Future Workforce, with a focus on engineering skills, in partnership with Invest Northern Ireland.
14 March 2006
Minister says NI must compete on quality not price
Enterprise Minister Angela Smith today painted a positive outlook for Northern Ireland's manufacturing sector over the next decade. The announcement of the government study into the future of the sector and the Minister's response was made during a visit to Marlborough Engineering in Belfast's Harbour Estate.