Hope you had a good weekend even though it was dominated by Dominic Cummings.
When you take away the political bias and emotion from the issues the facts are quite clear. Cummings thought that he could deviate from the advice his ‘company’ was giving. More than that he did not explain to his boss the circumstances and that he would be absent. He undertook a journey where, thank God he did not, but could have had an accident and put others at risk. Finally, when confronted by the press instead of co-operating with them he tried to be obstructive.
Even in the interview he was evasive as it has emerged that he did have family in London close to his home.
Now, putting my corporate hat on I would say that was a gross misconduct offence, and for that he should be reprimanded at least or at worst, asked to leave his position.
What compounds it is that he is a person whose judgement is particularly important in this crisis and he failed on several factual accounts to exercise good judgement. His actions have also damaged the company brand and culture and customers have lost faith in the ability of the company and his boss’s ability to deliver good products and services.
For these reasons he needs to go. Sadly, the fact that the PM has failed to act decisively has cast a shadow over his abilities to lead. As they say it is time for closure. This needs to end now so that everyone can carry on with fighting the crisis.
These are my views and not the views of The Payments Business.
If you have any topic, event or information you want me to cover then please get in touch: John Doyle.
Currently more especially than any other time getting our businesses in order is especially important. There are government grants available to help you with the purchase of machinery, equipment, and the employment of key skills that your business needs.
To make life easy, UK Start Ups has collected information on grants available in your region and how to access them. You must join the company first. But it is a simple resource access. The Payments Business receives no remuneration from UK Start Ups. Follow their funding course or sign up and access their grant database.
Subscribe to their excellent Prepaid and EMI issued debit card market overview. More information.
Is your business suitable for franchising? Are you in a position where you now want to branch out and take on a franchise? In either case The Franchise Magazine is a good place to start. They also hold several expos to showcase franchise opportunities.
Another good place to start. Business Franchise Magazine
Join The Payments Business
Join The Payments Business and become part of the debate. List your business in our directory. Receive information regarding payment challenges, opportunities, innovations and how to respond to them. Visit The Payments Business Network.
European Payments Council
During the first quarter of 2020, the EPC gathered a list of recent and free reports that focus on artificial intelligence (AI), fraud and other interesting payment-related topics. Check out the list below and download for free:
- KPMG: the future is open. Reshaping the banking experience (January 2020)
- Fintech Futures: Rise of the machines: Artificial intelligence & machine learning in financial services (January 2020)
- Ernst & Young: Banking in the new decade (February 2020)
- The Paypers: Who’s Who in Payments 2020 (March 2020)
- Accenture: COVID-19: How banks can manage the business impact (March 2020)
- PwC: Fighting fraud: A never-ending battle. PwC’s Global Economic Crime and Fraud Survey (March 2020)
- GSMA: State of the Industry Report on Mobile Money 2019 (March 2020)
Payment News Headlines
Visit our payments news headlines page, today’s guest in the newsletter is:
Pre-discovery project unveils inconsistencies in perceptions and approaches to security
Consultant Connect aimed at supporting Covid-19 treatment and healthcare in the longer term
Widgets, banners and APIs provide new route to re-use of information
Move to help residents stay in touch with families during lockdown
Biometric authentication now available for Android and iOS versions of NHS Apps