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Local Enterprise Week is organised every year by the 31 Local Enterprise Offices across the country. This year Local Enterprise Week took place online - from Monday, March 7th to Friday, March 11th! Don't worry if you missed the events, you can watch back some of our spotlight events below. We are currently planning for Local Enterprise Week 2023 and look forward to bringing you another week long programme of events and training.
Monday 7th March WATCH BACK WATCH BACK !
To see the full programme of events taking place for businesses in your local area, click on your country graphic below!

Local Enterprise Week is brought to you by your Local Enterprise Office and supported by Enterprise Ireland and the local authorities. It's an initiative of the Government of Ireland.

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Local Enterprise Week is organised every year by the 31 Local Enterprise Offices across the country. This year Local Enterprise Week took place online - from Monday, March 7th to Friday, March 11th! Don't worry if you missed the events, you can watch back some of our spotlight events below.

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Inflation and cost of living in Ireland- Video

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Inflation and cost of living in Ireland- Video

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View the interactive image by Regina Casey

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The UDL Guidelines are a tool used in the implementation of Universal Design for Learning, a framework to improve and optimize teaching and learning for all people based on scientific insights into how humans learn. Learn more about the Universal Design for Learning framework from CAST. The UDL Guidelines can be used by educators, curriculum developers, researchers, parents, and anyone else who wants to implement the UDL framework in a learning environment. These guidelines offer a set of concrete suggestions that can be applied to any discipline or domain to ensure that all learners can access and participate in meaningful, challenging learning opportunities.

Reenvisioning the UDL Guidelines

Because the UDL Guidelines are meant to be informed by feedback from the field as well as new research, they have been updated several times in the past. We are in the process of updating the Guidelines once again.

This update will focus specifically on addressing systemic barriers that result in inequitable learning opportunities and outcomes. CAST aims to develop a transparent, inclusive, and community-driven process. If you are interested in collaborating and staying updated on our progress, we invite you to complete a brief survey.

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The UDL Guidelines are a tool used in the implementation of Universal Design for Learning, a framework to improve and optimize teaching and learning for all people based on scientific insights into how humans learn. Learn more about the Universal Design for Learning framework from CAST. The UDL Guidelines can be used by educators, curriculum developers, researchers, parents, and anyone else who wants to implement the UDL framework in a learning environment. These guidelines offer a set of concrete suggestions that can be applied to any discipline or domain to ensure that all learners can access and participate in meaningful, challenging learning opportunities.

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National Center on Universal Design for Learning

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LEGO is to open its first ever store in Ireland with the new store set to open in Dublin's Grafton Street this summer.

The new Dublin LEGO store will feature the "Retailtainment" concept which blends physical and digital experiences that allow shoppers to immerse themselves in the LEGO brick, as well as create personalised products.

About 10 to 15 jobs will be created when the new store opens.

Simone Sweeney, Vice President of Global LEGO Retail Development, said the company had been looking for the perfect site in Dublin, so it was very excited when the opportunity came about to open on Grafton Street.

"The new LEGO Store will be amongst some of the biggest and best brands in Dublin, in a shopping district loved by many local families and visitors alike," Ms Sweeney said.

She said that Dublin has been part of LEGO Retail's expansion strategy for many years given the existing huge number of LEGO fans in Ireland and the international customers typically found in the city.

"The new LEGO Store in Dublin will allow builders of all ages to be inspired by endless play possibilities and for new builders to welcome them into a new exciting journey of discovery into the LEGO universe," she added.

The new LEGO store will be housed at number 41 Grafton Street - the former Topman store - in a building which is owned by Irish Life Investment Managers.

The deal was negotiated on behalf of Irish Life Investment Managers by Savills Ireland and Bannon.

The LEGO Group was founded in Denmark in 1932 by Ole Kirk Kristiansen and its name derived from the two Danish words LEg GOdt, which mean "Play Well".

Today, the LEGO Group remains a family-owned company headquartered in Billund in Denmark and its products are now sold in more than 140 countries worldwide.

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LEGO to open first Irish store in Dublin this summer

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LEGO is to open its first ever store in Ireland with the new store set to open in Dublin's Grafton Street this summer. The new Dublin LEGO store will feature the "Retailtainment" concept which blends physical and digital experiences that allow shoppers to immerse themselves in the LEGO brick, as well as create personalised products.

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 Inflation and Cost of Living - Text Document

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 Inflation and Cost of Living - Text Document

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This article was accessed using the Irish Newspaper Archives on Scoilnet. This resource can be found in 'Tools for Teachers'.

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Local Enterprise Office - Making it Happen Podcasts

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Local Enterprise Office - Making it Happen Podcasts

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Making It Happen PODCASTS - Local Enterprise Office - Clare

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When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you,…

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John Foley started climbing the rungs of the corporate ladder at a young age, first as a fast food server and eventually as an e-commerce executive. Still, at 40, he couldn't climb out of bed fast enough to make it to his favorite spin class. John couldn't understand why there wasn't a way to bring the intensity and motivation of a boutique fitness class into the home. Having never worked in the exercise industry, he teamed up with a few friends to create a high-tech stationary bicycle called the Peloton Bike. Today, Peloton has sold close to half a million bikes, with a valuation as high as 4 billion dollars. Recorded live in New York City.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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‎How I Built This with Guy Raz: Live Episode! Peloton: John Foley on Apple Podcasts

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John Foley started climbing the rungs of the corporate ladder at a young age, first as a fast food server and eventually as an e-commerce executive. Still, at 40, he couldn't climb out of bed fast enough to make it to his favorite spin class. John couldn't understand why there wasn't a way to bring...

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Providing a fully inclusive learning environment is complex and creating a culture of engagement and inclusion that works for all students requires a shift in thinking and a change of behavior at an institutional level. In this ever changing and increasingly diverse further and higher education landscape, Universal Design for Learning (UDL) provides an effective framework to improve the learning experience of all students within the mainstream teaching environment.

UDL - What is it?

Universal Design for Learning (UDL) is a set of principles for curriculum development that give all individuals equal opportunities to learn, including Students with Disabilities. UDL aims to improve the educational experience of all students by introducing more flexible methods of teaching, assessment and service provision to cater for the diversity of learners in our classrooms. This approach is underpinned by research in the field of neuroscience and is designed to improve the learning experience and outcomes for all students.

Watch the video below get a 3 minute introduction to the concept of universal design for learning.

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TikTok will become the first title sponsor of the Women's Six Nations in a four-year deal starting this spring, the social media company has announced.

The short-form video platform, owned by China's ByteDance, has agreed a partnership with Six Nations Rugby that will also see it become an official partner to the men's event, which has Guinness as its title sponsor, and the Autumn Nations Series.

TikTok has amassed more than 5.1 billion views for "#rugby" content, with #SixNationsRugby a rapidly growing hashtag on the platform.

Its deal with Six Nations Rugby will see "dedicated TikTok rugby creators" posting more rugby-themed content on the app, with rugby fans encouraged to access content from respective tournament and rugby union accounts.

The company described the partnership as "a seminal moment for the women's game", adding that "a huge year" for women's rugby was set to unfold.

TikTok, which was among the sponsors of the postponed UEFA Euro 2020 tournament last year, has been pushing to increase sporting content on its app, selling branded "hashtag challenges" to advertisers and giving users augmented reality tools to create video effects.

Fan communities

"The fast growth of sporting talent, fan communities, sports trends and commentary on TikTok makes the platform a compelling place to engage new and existing audiences for Six Nations Rugby, bringing the spirit and passion of these iconic tournaments to our diverse and creative community," said Rich Waterworth, TikTok's general manager for Europe.

"We're especially delighted to be the title sponsor of what is now the TikTok Women's Six Nations. As a platform that's built around inclusion, we are passionate about giving an equal footing to men's and women's sport."

Six Nations Rugby chief executive Ben Morel said TikTok shared its ambitions for "providing fans with the best possible experience".

The 2022 Guinness Six Nations begins on February 5th, while the TikTok Women's Six Nations kicks off on March 26th.

The Irish television rights to both competitions, as well as the men's under-20s event, are shared between RTÉ and Virgin Media Television under a joint four-year agreement with Six Nations Rugby.

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TikTok becomes first ever title sponsor of Women's Six Nations

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TikTok will become the first title sponsor of the Women's Six Nations in a four-year deal starting this spring, the social media company has announced. The short-form video platform, owned by China's ByteDance, has agreed a partnership with Six Nations Rugby that will also see it become an official partner to the men's event, which has Guinness as its title sponsor, and the Autumn Nations Series.

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Marketing

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Inflation and cost of living in Ireland - Listen 

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Inflation and cost of living in Ireland - Listen 

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Consumers are facing rising prices at almost every turn as inflation reaches levels not seen in more than 20 years.

As a result of the big squeeze, most Irish families will need to find over €2,000 more this year than they needed in 2021 just to keep food on their tables, their cars on the road and their homes even moderately warm and bright as the year progresses.

Rising oil and gas prices, supply chain issues, Covid and Brexit have all contributed to the crisis.

While the Government hoped that it would be a short term problem, the mood music has shifted in recent days and there are now fears inflation could be with us for some time to come.

But who is being hit hardest and what are the consequences of the price spiral?

Sorcha Pollack talks to Irish Times Consumer Affairs Correspondent Conor Pope about what if fast becoming one of the defining stories of 2022.
In the News is presented by reporters Sorcha Pollak and Conor Pope

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Listen: Who is being hit hardest and what are the consequences of spiraling inflation?

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In the News podcast: Fuel prices, supply issues, Covid and Brexit contribute to crisis

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Unit 4 : HRM -Will laws on remote working really make a difference? 

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Unit 4 : HRM -Will laws on remote working really make a difference? 

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After two years of rolling uncertainty in business, one thing is now definite. How we work, when we work and from where we work has changed significantly and is unlikely to return to pre-Covid norms.

90% of 35- to 44-year-old employees who can work remotely would like to do so post-pandemic, according to Grow Remote.

And this figure rises to 93% in traditionally major commuter counties like Kildare, Louth, Meath and Wicklow, it claims.

The organisation also says that 63% of employees are considering a change of jobs this year, with those surveyed reporting that they're thinking about why they work, how they work, and wanting more flexibility and alternative benefits.

Yet for many businesses that employ them, the future shape of the model for how staff will do their daily tasks remains far from unclear.

Some workers will continue to work remotely, nigh on full-time.

Others will start drifting back into the office a couple of times a week, adopting a hybrid method.

And as restrictions lift, yet more again will be told in no uncertain terms that their presence is expected back in the office every day of the working week.

In this context, the Government's publication of proposed new legislation today governing remote working is timely (although some might argue it would have been even more welcome six months ago).

It will give employees a statutory right to request remote working, turning the ability to work from home or somewhere else a choice rather than the necessity it became during the pandemic.

Workers have always had a right to request remote working, but the thinking is that by giving them a legal right backed up by an appeals mechanism, employers will have fewer reasons to say no.

"So long as the business gets done and services are provided, employers should facilitate it," the Tánaiste has clearly stated in support of the policy which it's hoped will improve quality of life, build regional communities and reduce congestion.

Workers will be able to apply provided they have worked for the business for at least six months.

In order to say 'No', employers will have to give reasonable grounds, and all firms will have to have a written statement setting out their Remote Working Policy.

Applications will have to be decided within a specified timeframe of no more than 12 weeks and where a request is rejected, employees won't be able to submit another for a year if they remain in the same role.

There are 13 grounds under which an application can be rejected, including the nature of the work not allowing for the work to be done, the inability to reorganise work among existing staff, and potential negative impact on quality and on performance.

But if unhappy about the decision, an employee can appeal to the Workplace Relations Commission which can overturn it and award up to four weeks remuneration as compensation - though one wonders whether many staff would be willing to take this risk filled step.

The Tánaiste's view is that in the main, appeals won't be necessary though, as most employers will heartily embrace the concept of hybrid working.

That's likely something that the Workplace Relations Commission will be banking on, so that it doesn't become deluged with complaints from disgruntled workers, adding to its already heavy workload.

Appeals must, however, be a realistic prospect, given the nature of the proposed laws.

The extensive list of reasons that businesses can draw on to deny their staff remote working may well prove a significant impediment to those who wish to work from home on a hybrid or permanent basis.

After all, proving remote working won't have a negative impact on quality of a business' product or service will be a tall order for workers and relatively easy for their bosses.

For many employees, given their living conditions it may also be tough for them to assuage their employer's concerns about the suitability of their proposed workspace on health and safety or data protection grounds.

Many others will face the prospect of not having sufficient internet connectivity as they await the arrival of the National Broadband Plan infrastructure.

Concerns about the commute between the proposed remote working location and the employer's on-site location, also listed as one of the criteria for rejection, may also make a successful application harder for those who've moved from large towns and cities to rural locations during the pandemic.

The 13 grounds are also not exhaustive, with the draft legislation suggesting that other "business grounds" may also be considered sufficient for a refusal.

For these reasons and more, both unions and opposition parties have declared already that the proposed laws are insufficient.

The Irish Congress of Trade Unions (Ictu) says the plans "do not strike a balance between employer needs and employee needs".

"They duplicate and extend on the 8 business reasons for refusing a request contained in current UK legislation," said Patricia King, Ictu general secretary.

"Reasons which have been found to allow employers to retain and use their unfettered ability to turn down requests for remote working and which are now subject to review."

The Labour Party and Sinn Féin have gone further though, arguing a right to work remotely, not just request it, should be enshrined in law.

As Labour leader Alan Kelly put it this afternoon, under the Government's proposals, "the power is still with the bosses".

Realistically a guaranteed right is a pipe dream, however, because many jobs simply can't be carried out remotely, and some employees can't be trusted to work productively on their own outside the workplace.

The Government also says that its legal advice from the Attorney General is that it can only intervene in a limited way in existing contracts between employers and employees, most of which will already specify a place of work.

The result, therefore, will likely be an imperfect piece of legislation, that gives workers a right and some grounds upon which to make a request, and employers a nudge in the right direction, as well as a long list of get out clauses.

Ultimately, businesses will do what's best for their bottom line though. If that means letting some staff work remotely because it helps productivity and cuts down on costs and talent churn, then that's what they'll do.

But if it means bringing employees back in-house because it makes for smoother operations and stronger culture, then the great hybrid working experiment in such organisations will prove short lived.

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Will laws on remote working really make any difference?

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After two years of rolling uncertainty in business, one thing is now definite. How we work, when we work and from where we work has changed significantly and is unlikely to return to pre-Covid norms. 90% of 35- to 44-year-old employees who can work remotely would like to do so post-pandemic, according to Grow Remote.

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Unit 2 - Enterprise - Pair work using Jamboard

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Unit 2 - Enterprise - Pair work using Jamboard

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A video could be played prior to this paired exercise or students could source a video or podcast on a specific enterprise

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In The Spotlight

Irish Newspaper Archives

Access to primary source documents through national and local newspapers covering hundreds of years of Irish history.

Scoilnet Maps

OSi's large scale maps, aerial photography, historic maps and Discovery series maps for the Republic of Ireland.

Dictionary of Irish Biography

A biographical reference work for Ireland. Free to access Spring 2020. Sample activities inside.

Packed full of amazing resources, great for teachers, parents and students at any time of the year. There are hundreds of videos, activity sheets and ideas for lesson plans and more in Irish and in English.

Find out what's coming up in the school calendar

Create more stimulating lessons with interactive and engaging tools.

TV programmes with a learning focus
this week

Check out Scoilnets' Featured
Learning Paths

Good Practice

Short videos illustrating ways in which digital technologies can be integrated into teaching, learning and assessment.
Read more

Digital Learning Framework

DLplanning.ie provides a lens for how digital technologies can be used to support teaching, learning and assessment.
Read more

Online Courses

Free online courses for teachers with a focus on integrating digital technology in teaching, learning and assessment.
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Official education portal of the Department of Education and Skills in Ireland. Curriculum focused resources and support for primary and post primary teachers.

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Remote Working Legislation - Edpuzzle Clip

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Remote Working Legislation - Edpuzzle Clip

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Cabinet signs off on remote working plans

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Easily create beautiful interactive video lessons for your students you can integrate right into your LMS. Track students' progress with hassle-free analytics as you flip your classroom!

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Business News | Latest Breaking Stories & Headlines | RTÉ

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Get all of the latest news on the economy, financial sector, stock markets and share prices on RTÉ Business and keep up to date with the world of finance.

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Additional links from PDST Technology in Education to support teachers working from home, including links to good practice videos that contain activities which can be adapted for online teaching. Digital learning planning resources are also available, please visit PDST Technology in Education for more information.

As pupils/students will also be engaging in online learning at home througout this period, we would advise teachers and parents to visit the Webwise website to find out more about online safety and relevant considerations. The parents' section of the website is also particularly useful in highlighting popular apps and their features.

RTÉ Learn is a dedicated resource for teachers and educators showcasing a diverse range of educational content from across RTÉ, ideal for both formal and informal learning.

Beidh tús a chuir ag TG4 le clár nua sa sceideal Cúla4 ar Scoil ag 10 gach maidin.

Is clár leath uaire í seo a bheidh dírithe ar dhaltaí bunscoile Gaeltachta agus Gaelscoile atá sa mbaile ón scoil faoi láthair de bharr srianta an Covid19.

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Additional links from PDST Technology in Education to support teachers working from home, including links to good practice videos that contain activities which can be adapted for online teaching. Digital learning planning resources are also available, please visit PDST Technology in Education for more information.

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Global Ambition

If you've got the ambition to reach new markets we'll help you take it global. #GlobalAmbition

Irish Advantage

Irish companies deliver competitive advantage worldwide. Source your partner here. #IrishAdvantage

Client Solutions

Discover how the Client Solutions Hub can help build your business capabilities

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Enterprise Ireland is the Government agency in Ireland responsible for supporting Irish businesses in the manufacturing and internationally traded service sectors. Specifically, Enterprise Ireland helps businesses to start-up, innovate and ultimately, to achieve global success.

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Please find below a variety of infographics addressing key topics in the area of digital technologies for teaching, learning and assessment. These resources have been created to support teachers in accessing relevant information 'at a glance' as they progress in their work engaging in distance/ blended learning, and more generally.

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Please find below a variety of infographics addressing key topics in the area of digital technologies for teaching, learning and assessment. These resources have been created to support teachers in accessing relevant information 'at a glance' as they progress in their work engaging in distance/ blended learning, and more generally.

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Census 2022 Summary Results have been published with further thematic reports being published throughout 2023

A snapshot of people aged 65+ living in Ireland

Find detailed Census 2022 data by theme in our interactive map, from county level to neighbourhood (Small Area) level on CSO Visual

All census resources and results from previous censuses

Our interactive zone has visualisations, infographics, school resources, competitions and much more...

Rewarding roles, career progression, unique culture - learn about everything that a career with the CSO has to offer

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Census 2022 Summary Results have been published with further thematic reports being published throughout 2023 A snapshot of people aged 65+ living in Ireland Find detailed Census 2022 data by theme in our interactive map, from county level to neighbourhood (Small Area) level on CSO Visual All census resources and results from previous censuses Our interactive zone has visualisations, infographics, school resources, competitions and much more...

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* Transfers of functions across Departments may impact figures and comparison of expenditure across time.
** Figures for Housing expenditure prior to 2020 is amalgamated into 'Additional Departments'.

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Where Your Money Goes - Expenditure Data and Graphs broken up by sectors

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Easily create beautiful interactive video lessons for your students you can integrate right into your LMS. Track students' progress with hassle-free analytics as you flip your classroom!

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The Supermacs group is eyeing expansion with its chief executive Pat McDonagh confirming that it aims to have "three or four substantial openings" in 2022.

Construction work is continuing on a new motorway plaza near Tuam in Co Galway.

"We are continuing to invest in the business as we go along and any margins are reinvested back into the business," Pat McDonagh said.

Mr McDonagh made his remarks when commenting on new accounts for Supermacs (Holdings) Ltd which show that pre-tax profits last year declined by 6.7% from €24.58m to €22.93m.

The decline in profits followed revenues decreasing by 25% from €189.4m to €141.5m.

Mr McDonagh remarked that the Supermacs group "will come through the Covid-19 pandemic well".

He said that the business "is having a decent year in 2021".

"The first six months of this year have been challenging but the second part of the year has been quite good overall," he added.

Mr McDonagh said that the 25% drop in revenues for last year "was not a bad result for the conditions that prevailed in 2020 with the pandemic".

He noted that drive-thru and home delivery did "exceptionally well" during parts of 2020.

The Supermacs group is made up of 110 Supermacs outlets as well as six hotels.

Mr McDonagh stated that after re-opening after the first lockdown, the Supermac fast food business "wasn't impacted with the exception of city centre sites that got hammered".

"I am happy enough with the year in 2020 and now we are back to where we were pre-pandemic," the fast food chain CEO said.

The pre-tax profits for 2020 are skewed as they include Employment Wage Subsidy Scheme (EWSS) and Covid Restriction Support Scheme (CRSS) payments in "other operating income" which rose from €2.4m to €8.2m last year.

The Supermacs group is made up of 110 Supermacs outlets as well as six hotels

The profit also takes account of non-cash depreciation costs of €5.75m.

The Supermacs group employs 1,800 people.

"When things come back to normal we are in a good position to move forward. It is still quite a profitable business," Pat McDonagh said.

At the end of last year, the group had accumulated profits of €163m while its cash funds increased from €24.5m to €34.4m.

"There will be opportunity and a lot of change of ownership will take place in the industry over the next number of years," the CEO said.

Mr McDonagh said that the price of all foodstuffs has increased while cooking oil alone has increased by 50%.

He said that he expects inflation to increase by 10% in the catering industry.

"At the moment we have no plan to increase prices but I would say that come March or April, that will have to be reviewed," he stated.

Today's figures show that numbers employed last year declined by 521 from 1,964 to 1,443 as staff costs reduced from €43.3m to €24.1m.

Pay to directors reduced to €140,759 last year while the company repaid €755,318 to Pat McDonagh last year. The company owed the CEO €6.2m at the end of the year.

The group also paid Mr McDonagh €789,104 in property lease charges during the year.

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Supermacs group in expansion mode after 'decent' 2021

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The Supermacs group is eyeing expansion with its chief executive Pat McDonagh confirming that it aims to have "three or four substantial openings" in 2022. Construction work is continuing on a new motorway plaza near Tuam in Co Galway.

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Digital technology and consumer Behaviour

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Digital technology and consumer Behaviour

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A new survey from the Central Statistics Office shows that 79% of internet users purchased goods and/or services online in 2021.

The CSO's Household Digital Consumer Behaviour survey shows that the number of women making purchases online was higher than men. Of female internet users, 83% purchased online, compared with 75% of males.

Today's figures show that the most popular online purchase in 2021 was clothes (including sports clothing), shoes or accessories (including bags and jewellery) with 80% of internet users buying such items.

The CSO's survey also reveals that 50% of internet users made online purchases of ready-made food delivered from restaurants, fast food chains or catering delivery services.

16% of internet users also bought food and drinks from stores or meal-kit or food box providers.

The Covid-19 pandemic has resulted in an increase in remote working from home and today's CSO survey shows that 80% of internet users used internet telephoning/video calls using the like of Microsoft Teams, Skype and Zoom.

Email was the most popular activity carried out on the internet with 93% of internet users surveyed during the year saying they used email.

People also chose to use online communication channels, and 70% of internet users said they used social networking.

The CSO data shows that the younger you are, the more likely you are to use social networking. 89% of people aged 16 to 29 years communicated on social network platforms during 2021.

Instant messaging such as via Skype, Messenger, WhatsApp and Viber was reported by 84% of internet users, the CSO added.

People also decided to upskill during the year using online resources.

The latest CSO figure

31% of survey participants reported doing an online course, compared with just 13% in 2019 - the last pre-pandemic year.

The CSO's Maureen Delamere said that life in Ireland has changed quite substantially as a result of the Covid-19 pandemic and the introduction of restrictions on movement has seen the number of hours people spend on the internet for work or personal reasons increase.

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79% of internet users bought goods online in 2021

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A new survey from the Central Statistics Office shows that 79% of internet users purchased goods and/or services online in 2021. The CSO's Household Digital Consumer Behaviour survey shows that the number of women making purchases online was higher than men. Of female internet users, 83% purchased online, compared with 75% of males.

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Communications - Digital Consumer behaviour Households 2021

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Communications - Digital Consumer behaviour Households 2021

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Household Digital Consumer Behaviour 2021

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Home / Statistics /Household Digital Consumer Behaviour 2021

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Change management at Pelaton as CEO and co-founder John Foley steps down

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Change management at Pelaton as CEO and co-founder John Foley steps down

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Peloton co-founder steps down after rough ride

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KWHL editable document for prior learning and assessment for learning

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Useful graphic organisers for teaching and learning enabling students to chunk and organise information independently

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The remote-working revolution: how to get it right

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There has been a lot of discussion around just how many employees will want to work from home as we move to the post-pandemic phase of life. Some surveys indicate that around one third will want to work remotely every day, while around one third will want to go back to the office full-time. This leaves the other one third interested in working in a hybrid blend of office and home. Another survey has indicated that the most popular choice will be hybrid working, with employees working two or three days from home each week.

Even 10 years ago, we would not have been able to have this conversation. From the time of the industrial revolution, we all went to the place where work was undertaken, as that is where the machines were so labour had to be in the same place. When computers were first introduced, we still had to go to a primary location where the computers were housed in order to complete our work as they were too large and too expensive to be in a home setting.

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From RTÉ Radio 1's Morning Ireland, how do workers who are back at their office desk feel - and have local businesses seen an increase in trade?
Technology evolved in size and price to allow us to have home computers or laptops, meaning we no longer need to go into the office to undertake our work. Thanks to the accessibility of both the internet and mobile phone technology, many of us can work by just accessing our mobile phones.

But regardless of the number of days a person works in an office or at at home, there is a fundamental issue here in terms of how successful this new approach of hybrid working will be. And that issue is trust, he perceived levels of trust between the manger and the employee and between the employee and the manager.

Trust has always been an important facet of managing employee performance and has been one of the vital elements in a successful employee-manager working relationship. But what has been implicit in that relationship is that the manager can actually see the employee working during the day, whenever they want to. This has been heightened by the move to open plan offices, where monitors are set to face into the middle of the room, making it even easier to see the employee productively at work. Managers can be comforted by this aspect of their management role. If the employee is sitting at their desk, they are viewed as working.

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From RTÉ Radio 1's News At One, Cian McCormack reports on the challenge for many of a move to blended working
But if the manager can no longer see the employee 'at work', how will this impact on their levels of trust? This new way of working will require managers to demonstrate that they trust their employees when they cannot see them working. This level of trust needed is one that we have no history of so we have to build new mental models of how will operate.

How will managers conduct regular performance reviews in this new world of work? Will they trust that their direct reports have been productive from 9am to 5pm each day, even when they cannot see then? We know trust is a vital component in developing employee engagement and high levels of engagement lead to high levels of organisational performance. Trust is seen as a foundation for team success. Research tells us that trust improves productively and engagement and to underline this important relationship disengagement is said to cost US companies around $500 billion each year.

Trust has been effectively taken for granted in the traditional office. But in the new post-pandemic working environment, mangers need to actively trust their employees and they do not currently have the tools needed to do this. It is incumbent on organisations to recognise this fact and ensure mangers have the appropriately knowledge and skills around how to build and maintain trust in this new world of work, if it is succeed for the benefit of all.
The views expressed here are those of the author and do not represent or reflect the views of RTÉ

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Do your managers trust you if they can't see you working?

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There has been a lot of discussion around just how many employees will want to work from home as we move to the post-pandemic phase of life. Some surveys indicate that around one third will want to work remotely every day, while around one third will want to go back to the office full-time.

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The family food truck business taking off on TikTok

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Bloomberg - The impact of remote working - Change Management

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Bloomberg - The impact of remote working - Change Management

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How Working Remotely Will Change More Than Work

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Differentiation In Action - Practical Strategies for including students with SEN in the mainstream classroom from SESS on Vimeo.

Differentiation Template [Word - 104KB] ( A template to assist teachers when differentiating individual lessions)

Teaching Strategies Checklist [MS Word] A checklist for teachers to reflect on the teaching strategies they employ

Monitoring and Supporting on Task Work [PDF - 96KB] Explanations of strategies teachers can consider in relation to monitoring and supporting on-task work

Effective Teaching Strategies Checklist [PDF - 75KB] A brief list of strategies for teachers to consider in relation to the learning and teaching of pupils with behavioural difficulties

Learning Styles Questionnaire [MS Word] / Ceistneoir le Stil Foghlama a Aithint This tick-box questionnaire helps pupils discover their preferred learning style

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Differentiation In Action - Practical Strategies for including students with SEN in the mainstream classroom from SESS on Vimeo.

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National Council for Curriculum and Assessment (NCCA)

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Focus on Learning. Assessment at junior cycle places the student at the centre of the learning process allowing for new ways of learning and a broader range of…

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Creating Effective Lessons the Easy way with Dr. Fred Jones

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View the interactive video by Regina Casey

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Interact with your audience using real-time voting. No installations or downloads required and it's free!

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Planning for differentiation, differentiated instruction, ongoing assessment and useful strategies

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An Integrated Approach to Teaching and Learning

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An Integrated Approach to Teaching and Learning

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What are vocabulary squares?

Vocabulary squares are one of the methods used to make a vocabulary. The square in question is divided into several sides, each of which has a different function, but is still focused on the vocabulary words in the middle of the square. Several sides of the square are divided, there are explanations about word definitions, similar words, word antonyms, many others. Using vocabulary squares is quite attractive to many students from various levels of education being pursued.

What is a Frayer model graphic organizer?

Frayer graphic organizer model is one example of vocabulary squares. It's just that, using the graphic organizers Frayer model is more general and can be adjusted to the needs. Not only to learn vocabulary, but you can also use it for Math problems. Frayer model graphic organizer is very helpful for organizing the mind to focus on topics that are in the Frayer model. So that everything that you think about when faced with the Frayer model is not branched but rather to everything that is part of the topic. A Frayer model can be found in presentations as well as notes and worksheets given at school.

Why is the Frayer model effective?

Talking about effectiveness depends on how the experience experienced by its users. For some people, using additional tools for learning is something that is quite troublesome. For those who are geniuses, the Frayer model can be an annoying thing for them, but for those who find it difficult to focus, this is the most effective way. You can learn many things using only one Frayer model (if you have high curiosity). In one Frayer model, for example, you can maximize learning its use by searching for definitions of each synonym.

How do you make a Frayer model in Powerpoint?

To be able to make a fryer model in the form of a PowerPoint, you need the software first. You can use software from Microsoft office to make it. After being on the first page of PowerPoint, look for tools that can make shape squares or circles to place in the middle of the square. You can use tools to create lines too. Use enough time to exploit the Frayer Model that you are going to make. You can arrange the Frayer model to be part of the presentation. Or, you can print a Frayer model that is on powerpoint to become a graphic organizers card Frayer model.

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Printable Frayer Model Graphic Organizers

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Vocabulary squares are one of the methods used to make a vocabulary. The square in question is divided into several sides, each of which has a different function, but is still focused on the vocabulary words in the middle of the square.

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This discussion technique gives students the opportunity to respond to questions in written form before engaging in meaningful conversation with other students. Asking students to write and discuss ideas with a partner before sharing with the larger group builds confidence, encourages greater participation, and results in more thoughtful discussions.

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IKEA, the world's biggest furniture brand, is on track to become climate positive by 2030 as its annual carbon emissions fell 6% from pre-pandemic levels despite record sales.

Brand owner Inter IKEA said emissions in the value chain - from raw material production to customers' use and disposal of products - totalled 26.2 million tonnes of CO2 equivalent in the 12 months to August.

This compared to an upwardly revised 27.9 million in fiscal 2019, when emissions fell for the first time.

The revision was due to bigger emissions than estimated previously from materials such as wood, paper-based materials, plastics and candles, a company spokesperson said.

Compared to fiscal 2020, when emissions fell as stores closed temporarily due to the pandemic, emissions increased 6%, from an upwardly revised 24.7 million tonnes of CO2 equivalent.

While the climate footprint from materials kept expanding, the drop in total emissions came mainly from the use of more renewable energy across operations.

The company also saw a larger share of sales of more energy efficient light bulbs and plant based food.

Whether emissions will fall in the current year will depend on the sales performance of such products alongside the speed of the switch towards renewable energy in production. IKEA expects the footprint from materials to keep expanding this year.

Inter IKEA CEO Jon Abrahamsson was confident about reaching IKEA's target to be climate positive - reducing more greenhouse gas emissions than its value chain emits - by 2030.

"We have since baseline year 2016 managed to do a third of what our ambition is for 2030 so we are well on track," he said in an interview.

"Then there are big challenges ahead and we need to put all our energy and efforts into securing that we continue on a positive trend towards this goal," he added.

IKEA, most of whose products are wood-based, increased retail sales in fiscal 2021 to €41.9 billion despite global supply chain disruptions as consumers spent more on their homes.

One of the world's biggest wood buyers, it used 21 million cubic metres of wood in products and packaging, up around 10% from the year before.

It said in its sustainability report for 2021 that 99.5% of the wood used was from responsibly managed forests - as certified by the Forest Stewardship Council (FSC) - or recycled.

Some 14% of wood used was recycled, up from 12% the year before.

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IKEA's climate footprint shrinks from pre-Covid level

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IKEA, the world's biggest furniture brand, is on track to become climate positive by 2030 as its annual carbon emissions fell 6% from pre-pandemic levels despite record sales. Brand owner Inter IKEA said emissions in the value chain - from raw material production to customers' use and disposal of products - totalled 26.2 million tonnes of CO2 equivalent in the 12 months to August.

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Peloton to halt production of its Bikes, treadmills as demand wanes

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Peloton is temporarily halting production of its connected fitness products, according to internal documents obtained by CNBC.

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TikTok social media app that functions as a multi-sided platform, consisting of content creators, viewers, and brands. The platform offers a space where users can easily become inspired to explore and publish their own creative content. This has especially been well received in rural and poorer areas where individuals would otherwise have limited access to digital entertainment.

Unlike most social media platforms, TikTok users have two social feeds. One for recommended content from the platform's algorithm and another for shared content from profiles followed by the user. This combination provides users with a larger variety of content.

The relationship between content creators and viewers is reinforced with the virtual gift shop. Creators give viewers virtual gifts as a sign of their gratitude for the creators positive engagement with them. Creators can then convert these virtual goods into real money.

The creator marketplace allows advertisers to directly contact influencers who match their target market demographic. This direct relationship differs from other social media platforms where such influencer marketing agreements are handled by a third party.

Live streaming allows content creators to engage with their viewers more directly; during these streams, the platform also makes it simple for creators to auction products of theirs during the session.

Largely distinguishing TikTok from competitors however is its native in-app video editor. This functionality is constantly updated and allows all users to become creators, regardless of their amount of video editing experience. Due to both the short time it takes to both watch and make content on TikTok, consuming and creating become a seamless activity for users.

Helping these videos go viral are TikTok Challenges. Challenges are themed TikToks that circulate the app, encouraging users to apply their own creativity to create videos that match the theme for the Challenge. The music played in the background of Challenges are a key element that helps Challenges prolifically spread amongst users.

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TikTok social media app that functions as a multi-sided platform, consisting of content creators, viewers, and brands. The platform offers a space where users can easily become inspired to explore and publish their own creative content. This has especially been well received in rural and poorer areas where individuals would otherwise have limited access to digital entertainment.

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Learn about CAST’s Universal Design for Learning framework, fostering inclusive educational experiences and improving learning outcomes for all learners.

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Department of Enterprise, Trade & Employment

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Department of Enterprise, Trade & Employment

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Carol Tomlinson on Differentiation: Responsive Teaching

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The research behind interactive notebooks

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The research behind interactive notebooks

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Understanding Universal Design for Learning

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Understanding Universal Design for Learning

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What is UDL? Universal Design for Learning Explained (3 minutes)

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Universal Design for Learning (UDL) is a framework that rejects one-size-fits-all teaching by offering students options for how to engage, what materials to use, and how to demonstrate learning, and it's a solid way to offer a more equitable education to all of our students. My guests Katie Novak and Mirko Chardin help us understand how it works and walk us through a sample lesson that's gotten the full UDL treatment.
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Thanks so much to Hāpara and Kiddom for sponsoring this episode!
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Get your copy of the 2021 Teacher's Guide to Tech at teachersguidetotech.com, and remember to use the code LISTENER at checkout for 10 percent off.

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‎The Cult of Pedagogy Podcast: 166: UDL as a Key to Equity on Apple Podcasts

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Universal Design for Learning (UDL) is a framework that rejects one-size-fits-all teaching by offering students options for how to engage, what materials to use, and how to demonstrate learning, and it's a solid way to offer a more equitable education to all of our students. My guests Katie Novak an...

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The research is clear: Retrieval practice boosts learning. To get students on board, it's critical to emphasize that retrieval practice is a learning opportunity , not an assessment opportunity.

Classroom games, like Jeopardy and various apps (e.g., Kahoot, Quizlet, etc.) are engaging and low stakes - perfect for retrieval practice. But they can increase anxiety, too. When you were a student, did you ever feel pressured to come up with a correct answer to a question, as soon as possible, without disappointing your teammates? Talk about anxiety!

Retrieval Tic Tac Toe is a no stakes, no tech, no anxiety activity created by Alana, Emily, and J., college students in a psychology class with cognitive scientist Janell Blunt from Anderson University.

1. Write a tic tac toe grid on the board or project a grid on a screen

2. Split your class into two teams

3. Each team writes 5 questions for retrieval practice

4. One team stands at the front of the class and asks a question. The other team collaborates to come up with the correct answer.

5. If the seated team gets the question correct, they can put an X on the grid wherever they like.

6. The teams switch. Now, the team that originally presented collaborates, answers a question, and adds an O if they are correct.

7. Continue alternating teams for Retrieval Tic Tac Toe, anxiety free!

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Retrieval Tic Tac Toe: A no stakes, no anxiety game for retrieval practice - Retrieval Practice

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Classroom games can encourage retrieval. But they can also raise student anxiety when they're competitive or time limited. Check out this new teaching strategy: Retrieval Tic Tac Toe. Created by college students, adaptable for any classroom or content area. Have fun!

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Business sectors- Tourism Staff shortages

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Business sectors- Tourism Staff shortages

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A third of tourism businesses that are experiencing difficulties in recruiting and retaining staff may have to close if the shortages in the market are not resolved, a new survey has found.

79% of such firms also said they may have to reduce their capacity or trading hours, if they are unable to find the right skills, according to the research conducted by the domestic tourism agency, Fáilte Ireland.

A similar proportion of respondents said the staffing crisis is causing added stress or impacting negatively on customer experience.

Fáilte Ireland estimates there are around 40,000 vacancies in the tourism sector right now, caused by the impact that Covid-19 restrictions have had on businesses over the past two years.

It said the recruitment and retention challenge only emerged as the industry re-opened.

Four in ten tourism and hospitality workers claiming the Pandemic Unemployment Payment did not return to their pre-pandemic employers, with many moving sectors and others returning to their home countries abroad.

The tourism agency has cautioned that the resulting current acute staffing and skills shortage is one of the greatest barriers to recovery for businesses.

"The pandemic has had a profound impact on the industry's skill base, with a mass exodus of workers into other industries that reopened earlier," said Paul Kelly, chief executive of Fáilte Ireland.

The problem is being exacerbated by competition from other markets which is set to become even more fierce, as well as unprecedented mobility across employment sectors, Fáilte Ireland said.

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The issues are particularly acute among chefs, with 88% of employers reporting they are having "considerable difficulty" recruiting them.

Food and drink service is also an area where recruitment is struggling, with 70% of businesses reporting considerable difficulty.

Retention is also a problem for many firms too though, with 51% of firms saying they are having considerable difficulty retaining chefs, and 45% have considerable difficulty holding onto those in accommodation services.

Ruth Andrews, Chairperson of ITIC, Paul Kelly, CEO of Fáilte Ireland and Jenny De Saulles, Director of Sector Development, Fáilte Ireland at the Dublin Convention Centre today

Unsocial hours, competition from other employers and unrealistic wage expectations were among the factors that employers said were behind the challenge of recruitment and retention.

Among employees, respondents said they generally enjoy the working environment in the sector, but they had mixed views on career prospects, security of tenure, hours, with particular dissatisfaction expressed about pay.

The research was conducted with 1,000 businesses and 3,500 tourism and hospitality employees.

The issue is being discussed at a conference in Dublin organised by Fáilte Ireland, the first big gathering of the industry here since before the pandemic began, with around 800 people attending.

The organisation said it had responded to the recruitment and retention challenge by rolling out a robust and wide-ranging work programme in collaboration with the industry and jobs.ie.

"There are three key action areas where Fáilte Ireland will support industry," said Jenny De Saulles, Fáilte Ireland's Director of Sector Development.

"Fundamentally they are about getting the people, keeping the people and upskilling the people - and each of these go hand in hand," she said.

"If you have good retention and development programmes, people are more likely to want to work for you," she added.

Another area of discussion at today's conference is the rising cost of doing business, with tourism operators reporting increased bills for light, heat, labour, food and beverages, insurance and a range of other services.

In order to help boost the recovery in the sector, Fáilte Ireland has announced a €10m marketing campaign aimed at getting people to take domestic breaks this year.

It is also putting funding in place to enhance the digital capabilities of over 400 tourism business and producing four regional tourism strategies.

Despite the challenges, the agency is predicting a strong recovery in inbound tourism based on air access, projected to be 83% of 2019 levels.

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Estimated 40,000 vacancies in tourism sector

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A third of tourism businesses that are experiencing difficulties in recruiting and retaining staff may have to close if the shortages in the market are not resolved, a new survey has found.

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Nintendo sold 18.95 million Switch video game consoles in the nine months to the end of December, the Japanese company said today.

This takes its total sales past 100 million and beating the lifetime sales of its Wii console.

Although the figure undershot the 24.1 million Switch units sold the same time a year earlier, the milestone highlights the continuing demand for the device which is in its fifth year on the market.

The games maker based in Kyoto is seeking to extend the life of the ageing system, launching an OLED model in October which had sold 3.99 million units by the end of the year.

Nintendo cut its full-year Switch sales forecast to 23 million units from 24 million previously.

The move follows a forecast downgrade by rival Sony Group this week as makers grapple with component shortages.

Nintendo said it sold 11.8 million home-portable Switch units and 3.2 million of the handheld-only Switch Lite in the first nine months of the financial year.

Money is flooding into the games industry as new entrants target gamers' wallets and incumbents add developer capability as online and cloud gaming expands.

While not opposed to striking deals, Nintendo President Shuntaro Furukawa told a news conference: "It wouldn't be a plus to suddenly bring in people who don't have Nintendo's way of thinking."

The idea of the metaverse, or an immersive online world where users game, shop and work, is driving industry investment by players such as Facebook's parent Meta.

Furukawa said Nintendo could see the possibility of the metaverse but would only consider it when the "surprise and fun" that is the firm's focus can be delivered.

October-December operating income jumped 10% year-on-year to 252.5 billion yen ($2.2 billion), with Nintendo raising its full-year profit forecast by 8% to 560 billion yen.

Nintendo also reported continued strong software sales.

Titles expected to drive future demand include "Pokemon Legends: Arceus", which launched on January 28 and has received praise as an innovative entry in the long-running series.

A sequel to "Legend of Zelda: Breath of the Wild", which has sold more than 25 million units, is also slated for release this year.

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Nintendo Switch tops lifetime sales of Wii console

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Nintendo sold 18.95 million Switch video game consoles in the nine months to the end of December, the Japanese company said today. This takes its total sales past 100 million and beating the lifetime sales of its Wii console.

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Start Collecting Feedback From Your Students in Under 30 Seconds. Ziplet Helps Teachers Give Every Student a Voice and Build Stronger Relationships With Students. Join Free.

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Listen -  Economist John Fitzgerald speaks about the impact of rising inflation

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Listen -  Economist John Fitzgerald speaks about the impact of rising inflation

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High inflation - been there, done that, says John FitzGerald

Irish consumer price inflation is at the highest level in two decades, but we have been there before.

Economist John FitzGerald talks to The Business about inflation down through the years.

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Irish consumer price inflation is at the highest level in two decades, but we have been there before.

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Department of Foreign Affairs supports returning entrepreneurs

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Department of Foreign Affairs supports returning entrepreneurs

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Scheme for entrepreneurial emigrants open for business

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KBC Bank Ireland (KBCI) has been accused of showing "complete contempt" for staff and industrial relations processes in Ireland following its refusal to attend a Labour Court hearing to discuss matters relating to its departure from the Irish market.

The Financial Services Union (FSU), which represents a significant portion of KBC's 1,300 Irish-based staff, has been seeking clarification on a number of issues relating to redundancy terms, work transfer rights and pension schemes but claims it is being stonewalled by the bank.

The bank, however, has strongly refuted the allegation, claiming it was negotiating with staff through a range of "internal mechanisms" and had agreed to the most favourable redundancy terms for staff seen in the Irish banking sector last year.

"KBCI respects our employees' individual right to join a trade union, however we have always operated a model of direct engagement with employees," it said in a statement.

"The matters referred to the Labour Court have been under discussion through that direct engagement model," it said.

"This engagement process has consistently led to positive outcomes for our employees, including reaching agreement last year on the most generous redundancy terms in retail banking in Ireland," the bank said.

The Belgian-owned lender announced in April last year that it planned to exit the Irish market. It is currently in talks to sell its €9 billion of performing loans to Bank of Ireland and recently sold most of its non-performing mortgages to US private equity firm CarVal.

Payments and pensions

Earlier this month it declined to attend a hearing of the Labour Court relating to payments and pensions of staff here, although it said it had written to the court.

In its recommendation, the Labour Court said it was "regrettable that workers in membership of the trade union are not facilitated to engage as they desire with their employer through their union at a time when fundamental issues arise in their employment".

The FSU said the bank's actions showed "a complete contempt for the industrial relations mechanisms of the State and a disregard for the views of union members in the bank.

"The bank of you, as KBC refers to itself, is not a bank that values staff engagement or a bank that adheres to normal industrial relations practices," Gareth Murphy, the FSU's head of industrial relations and campaigns, said.

Mr Murphy said KBC recognises and negotiates with unions in other jurisdictions but treats its staff in Ireland "as second-class employees".

"All other main retail banks in Ireland take a different view and negotiate with their staff's union representatives," he said.

The fact that KBC are allowed to ignore the Labour Court shows the need to urgently modernise our industrial relations legislation and why workers want real reform, Mr Murphy added.

Mr Murphy said the FSU has written again to KBC on these matters and remains available to meet over the coming days.

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KBC Bank Ireland accused of showing 'complete contempt' for staff

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KBC Bank Ireland (KBCI) has been accused of showing "complete contempt" for staff and industrial relations processes in Ireland following its refusal to attend a Labour Court hearing to discuss matters relating to its departure from the Irish market.

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The ESB has set out an ambitious programme to reach Net Zero carbon emissions by 2040 and to increase its capacity from renewable energy sources five-fold by 2030 to five gigawatts of power.

The renewable technologies will include wind, solar and storage, with the big emphasis being on offshore wind.

The company says it has seven offshore wind projects in the pipeline, and together they would have the capacity to generate five gigawatts - slightly more than the current total installed wind capacity in the state.

The company is investing in new gas plants but it says this is a transition measure, and the future will be wind, backed up by hydrogen and battery storage.

ESB Deputy Chief Executive Jerry O'Sullivan says the company is confident it will be able to get its projects delivered on time, saying: "We are familiar with the planning process, it's something we respect, every element of it. We do not see it as an issue to meet our 2030 target."

The company is still considering a ruling from An Bord Pleanala on the Derrybrien wind farm in Co Galway, the site of a peat slide in 2003. Mr O'Sullivan says all options are being considered.

The ESB is more definite on the future of Moneypoint power station.

It says it is sticking to plans to shut down the coal plant there and to build a 1.5GW wind farm offshore. The power generated from that could be used to generate green hydrogen at a new power hub at Moneypoint.

Minister for Communications, Energy and Natural Resources Eamon Ryan has welcomed the ESB's 2040 Net Zero plans and says hydrogen will be a big part of the future of energy in Ireland.

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Mr Ryan says offshore wind has the potential to produce 30 gigawatts of power "six times what we currently use as a country". He says the big challenge will be to discover how to store that.

"Hydrogen is increasing, obviously that's going to be a key measure, it'll be used the existing power plants where we can blend it in, in some of the gas plants, but also for industry and also for transport, it'll take some time, but that's the future."

He says the Government will be aiming to accelerate delivery on climate action over the next three years and the ESB strategy is in line with that.

Battery storage will be another renewable way to keep the lights on when the wind doesn't blow. Work on battery plants at Aghada near Whitegate in Co Cork and Inchicore in Dublin is already well under way.

They will be able to store energy for wind farms for several days and between them will have a capacity of just under 50MW. Other bigger plants are planned for Poolbeg and the South Wall in Dublin.

While the big expansion in wind capacity will be offshore, the ESB does also plan to build new onshore wind farms.

Mr Ryan says while onshore wind developments will be part of the mix, he accepts there are limits.

"It's part of getting this balance between economic development and environmental protection right, and there is a limit, because we would start to reach a point where it has too intrusive an impact on our landscape and our local communities."

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ESB sets out plan for net zero emissions by 2040

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The ESB has set out an ambitious programme to reach Net Zero carbon emissions by 2040 and to increase its capacity from renewable energy sources five-fold by 2030 to five gigawatts of power.

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Peloton's co-founder is ceding the top job at the fitness bike maker in a shake-up that will cost 2,800 jobs, after a collapse in its market value drew pressure from activist investors and potential bidders.

The company announced on Tuesday that Barry McCarthy, the former chief financial officer of Spotify and Netflix, will replace John Foley as chief executive.

Mr Foley said that his wife, Jill, would step down from running Peloton's apparel business "in the coming months", tacitly addressing one of investors' complaints. William Lynch, a long-term Foley ally, will step back from his role as president to be a non-executive director, while another director with whom Mr Foley worked before Peloton will leave the board.

Mr Foley, who has led the company since its foundation a decade ago, will become executive chairman and retain the supervoting stock with which he and other executives control the company.

On a call with investors on Tuesday, Mr Foley acknowledged that he had made "missteps". "To meet market demand we scaled our operations too rapidly and we overinvested in some areas of our business," he said. "We own this. I own this and we're holding ourselves accountable," he added.

Shares in the company jumped 27 per cent to $37.84 by early afternoon, as analysts said the board shake-up made it more likely that Peloton would feel shareholder pressure to sell the company.

In a memo, Mr Foley told staff who were being laid off that they could keep their Peloton membership for a year.

The company, which went public at a valuation of $7.7 billion (€6.7 billion) in September 2019, shot to a market capitalisation of nearly $50 billion (€43.7 billion) by the end of 2020 as lockdowns at the onset of the coronavirus pandemic drove thousands of new customers to sign up for its signature stationary bikes and video classes.

Slowing demand

But slowing demand, supply chain challenges and reputational crises including a child's death that led to a recall of its treadmills, hit the group, with its market value collapsing to less than $8 billion (€7 billion) last week.

Over the weekend, the Financial Times reported that Nike and Amazon were separately evaluating bids to buy Peloton. Other candidates are also likely to emerge, potentially including Apple and large private equity buyers, those briefed on the matter said.

Peloton also reported on Tuesday that its revenues grew by 6 per cent to $1.13 billion (€990 million) in the second quarter, but it fell to a net loss of $439 million (€384 million) from net income of $63.6 million (€55.7 million) a year earlier. It cut its guidance for full-year revenues from the range of $4.4 billion (€3.8 billion) to $4.8 billion (€4.2 billion) it gave three months ago to a new target of just $3.7 billion-$3.8 billion (€3.2 billion-€3.3 billion).

Monthly churn - the number of subscribers leaving Peloton each month - was just 0.79 per cent, however, suggesting its 6.6 million members remained engaged. - Copyright The Financial Times Limited 2022

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Peloton CEO steps aside as 2,800 lose jobs

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Peloton's co-founder is ceding the top job at the fitness bike maker in a shake-up that will cost 2,800 jobs, after a collapse in its market value drew pressure from activist investors and potential bidders. The company announced on Tuesday that Barry McCarthy, the former chief financial officer of Spotify and Netflix, will replace John Foley as chief executive.

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A Boohoo ad which has been banned for objectifying women and another for Adidas sports bras made headlines last week, sparking debate about the representation of women in advertising. Charley Stoney, CEO of the Institute of Advertising Practitioners in Ireland, talks to The Business.

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How to create a great brand name | Jonathan Bell

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How Apple Is Organized for Innovation: The Functional Organization

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Leadership Styles: Laissez-faire, Democratic & Autocratic Styles of Leadership

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Leadership lessons from Apple CEO Tim Cook

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Leadership lessons from Apple CEO Tim Cook

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5 Leadership Lessons from Apple CEO Tim Cook | Inc.

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Interview With Airbnb CEO Brian Chesky | Fortune

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Airbnb CEO Brian Chesky discusses how it got started, the future of the business, and globalization. Subscribe to Fortune - http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100 Best Companies to Work For.

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The future of shopping: what's in store? | The Economist

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How social media influencers have changed shopping - BBC London

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You have a right under the Constitution to join a trade union. Find out about trade unions, including what they are and the benefits of being a trade union member.

Read how Joint Labour Committees (JLCs) regulate pay and conditions of employment in certain employment sectors.

Read about the regulation of pay and conditions of employment for certain employment sectors

Outlines the law on trade disputes and industrial action and the protections for employees.

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You have a right under the Constitution to join a trade union. Find out about trade unions, including what they are and the benefits of being a trade union member. Read how Joint Labour Committees (JLCs) regulate pay and conditions of employment in certain employment sectors.

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FashionChecker: wages and transparency in the garment industry

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See how brands perform on paying their workers and how open they are about where their products are made.

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Leinster rugby coach Stuart Lancaster in conversations on leadership with leaders from the worlds of business, sport and community

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Leaders Questions with Stuart Lancaster

Ger Gilroy and Stuart Lancaster dive deep into leadership with experts from around the globe, from the world of sports and much more too. Leading names who have worked with some of the top sporting franchises and businesses across the globe from the All Blacks, Manchester United, England Rugby, Atlanta Falcons, eir, Southwest Airlines, World Surf League and many more, are all forthcoming and generous with their expertise. Life, sport, business and just interesting conversation. Subscribe for more.

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Ger Gilroy and Stuart Lancaster dive deep into leadership with experts from around the globe, from the world of sports and much more too. Leading names who have worked with some of the top sporting franchises and businesses across the globe from the All Blacks, Manchester United, England Rugby, Atlanta Falcons, eir, Southwest Airlines, World Surf League and many more, are all forthcoming and generous with their expertise.