Engineers Journal AMPLIFIED
Why Irish Engineers Dominate | Michael Lohan CEO IDA
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Episode notes
Today we find out how Irish engineers are attracting big foreign business, and how investing in personal development is just as beneficial for your own growth as it is for the sector.
Global investment is crucial to the economic wellbeing of Ireland, and there are still challenges the country needs to overcome to ensure continued success.
Our expert today is at the forefront of Ireland’s international business investments and believes our engineering sector has a lot of talent to offer. He is an engineer and CEO of IDA Ireland, Michael Lohan.
THINGS WE SPOKE ABOUT
01:09 Michael’s Career
06:36 Working with tech, people and global supply chains
08:13 What the IDA does
10:03 The main investment sectors in Ireland
12:58 Challenges impacting foreign investment
16:28 The availability of STEM talent in Ireland
18:06 How Irish engineers stand out
23:13 Encouraging upskilling and continuous learning
26:19 Getting young people involved in STEM subjects
34:00 Expanding opportunities outside of Dublin
37:35 Advice Michael would give to a young engineer
GUEST DETAILS
Michael Lohan is the Chief Executive Officer of IDA Ireland as of April 2023. A key priority for Michael in his role as Chief Executive Officer is leading on the execution and delivery of IDA Ireland’s organisational strategy: Driving Recovery and Sustainable Growth 2021- 2024, which will be delivered through a focus on five pillars: Growth, Transformation, Regions, Sustainability, and Impact.
Michael joined IDA Ireland in 2003 and has held various management positions across multiple functions and has represented IDA in several fora including as a Board member on Digital Manufacturing Ireland, a governance member on the SSPC research centre for pharmaceuticals and also The Irish Medical Association (which is the business association within IBEC representing the medical devices and diagnostics sector).
Prior to joining IDA Ireland, Michael held several different positions including Manager for New Business Solutions with Nortel’s European Operations in Galway and a management role with IEC Electronics European Operations. Michael is an Engineering graduate with an MSc in Technology Management from the National University of Ireland, Galway and additionally is a graduate of the Berkley Executive Programme.
MORE INFORMATION
Looking for ways to explore or advance a career in the field of engineering? Visit Engineers Ireland to learn more about the many programs and resources on offer. https://www.engineersireland.ie/
Engineers Journal AMPLIFIED is produced by DustPod.io for Engineers Ireland.
To learn more about iWish https://www.iwish.ie/
QUOTES
I can speak for myself, as an engineer, you're very much technically driven, but those softer skills, that acumen from a business perspective, are so so important. The more you can hone that, coupled that with your technical expertise, that's a formula for real success, for real growth and progression. - Michael Lohan
We have been very successful for the last decade plus in terms of FDI. In terms of economic prosperity in Ireland, our population is growing, our enterprise base, both foreign and indigenous have grown. That leads us to the challenges of success, our housing capacity, our infrastructure capacity. There are key elements that we have to continue to address and make sure that we have adequate plans in place for the next generation of investment. - Michael Lohan
We in Ireland seem to be leading at the front edge of that technology, of that innovation, of that deployment, and I think that comes down to the skill base that we have, and within that is the engineering resources that's available to us. - Michael Lohan
I would encourage anyone, no matter where you are in your career, to continue to learn. In fact, I am no different, I have to continue to be curious, I have to continue to look to where I can add additional strengths to my offering. - Michael Lohan
I think industry needs to help encourage young people into STEM, because the more we can show that there's a path here in terms of career, that there's a rewarding, fulfilling and diverse career that you can get through STEM subjects. - Michael Lohan
Learn as quickly as you can how to interact and engage with others because the your success is going to be based on how you engage with your peers, how you can influence and negotiate. The more you can hone that earlier in your career, the more you can benefit from it later on. - Michael Lohan
KEYWORDS
#engineering #investment #STEM #business #IDA