-
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.
-
Digital Risk
Grant Thornton offers solutions to the digital risk issues you are sure to face. Our skilled and experienced security team can helping by advising and consulting, giving you peace of mind, clear value for money and an enhanced ability to react to attacks.
-
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.
-
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.
-
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
-
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.
-
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.
-
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.
-
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.
-
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.
-
Global Mobility Services
Grant Thornton 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.
-
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.
-
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.
-
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.
Handling remote teams, new working practices, employee anxiety and ever-evolving regulations have forced business leaders to consider and reassess their organisation’s culture and priorities, and how to achieve the best from, and for, their staff while emerging from a global pandemic.
Developing psychological safety may not be on the top of that to-do list; however, according to research for Grant Thornton’s International Business Report, 43% of business leaders surveyed responded to these challenges by encouraging an environment where all colleagues could speak up with ideas, issues, and questions.
The term ‘psychological safety’ has, until recently, largely existed in the realms of business theory, more likely to be found in a textbook or a lecture than in the boardroom. The phrase was coined in 1999 by Prof. Amy Edmonson of Harvard Business School, who quantified it as “a belief that one will not be punished or humiliated for speaking up with ideas, questions, concerns, or mistakes”. She suggested that, beyond making people feel good, a psychologically safe business environment generates positive business outcomes, with teams that felt comfortable enough to challenge leaders and report mistakes, thereby proving more successful.
Creating such an environment requires demystifying the concept of psychological safety, translating it into approaches that management and staff can relate to and put into practice. In the past, conversations about safety at work have related to physical safety, or perhaps functional safety; now, the conversation is turning towards feeling safe psychologically. How can a business craft an environment where staff feel safe to speak up, to voice opinions, an environment where no idea is belittled, and everyone’s opinion has value? When team members are emotionally secure in the workplace, research shows they are more engaged and productive. After all, the best ideas emerge from different perspectives; more points of view will enrich creative processes, leading to ideas that would not have emerged otherwise.
Subscribe to our mailing list
Update your subscriptions for Grant Thornton publications and events.
When protected by a working culture that promotes psychological safety, employees have more opportunity to step up and self-lead, working with a purpose aligned to that of the company. In this environment, there is less need for external motivation and the ability to innovate is heightened. In the post-Covid landscape, resilient teams will be built on role clarity, confidence and agility, with innovation powered by psychological safety an essential for business success.
Business leaders should consider whether their environment promotes a psychologically safe experience for all staff, and the potential benefits for the business under this model. Every organisation can benefit from a culture of inclusion, diverse thought, and the security to express individual perspectives without fear. As a Grant Thornton partner concludes in the report, “The world will be more adventurous, safer and merrier when we are comfortable in each other’s company”.