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Are you wondering why everyone is talking about the Flutterwave scandal? You’re not alone! It’s been in the news a lot. We’re going to tell you all about the Flutterwave Scandal in a way that’s easy to get. Keep reading, because we’re going to share the whole story with you. The company Flutterwave is headquartered in San Francisco, California, United States. In 2016, Iyinoluwa Aboyeji, Olugbenga Agboola, and Adeleke Adekoya established Flutterwave. It offers a payment infrastructure to international merchants and payment service providers throughout Africa. The company operates in various African countries including Nigeria, Kenya, Uganda, Ghana, South Africa, and others. They focus on digital payments, helping businesses accept and process payments on various channels like the web, mobile, ATM, and POS. Recently, they’ve been in the news due to allegations of misconduct within the company, which has affected their reputation and value. Flutterwave is an essential player in the African fintech landscape, aiming to drive growth for banks and businesses through digital payment solutions. The Flutterwave scandal involves allegations of misconduct and inappropriate behaviour towards female employees by the company’s co-founder and CEO, Olugbenga Agboola. Reports have surfaced from both current and former employees about bullying, intimidation, and sexual harassment at work. The allegations of inappropriate behaviour towards female employees at Flutterwave, specifically involving the CEO Olugbenga Agboola, were brought to public attention in April 2022.This was when Clara Wanjiku Odero, an ex-employee and current CEO of Credrails, published a Medium post and a series of tweets on April 4, 2022, accusing Flutterwave and Agboola of bullying. These allegations were part of a broader range of misconduct claims that surfaced around the same time The reasons behind the scandal are rooted in accusations of unethical behavior within the company. The allegations suggest a workplace culture that allowed for misconduct and failed to protect employees from harassment and intimidation. Specifically, the Flutterwave scandal refers to the series of events where the CEO was accused of engaging in improper conduct with female colleagues. This led to a broader investigation into the company’s practices and raised serious concerns about the fintech’s corporate governance. The scandal had significant repercussions, including a drop in the company’s stock price and a loss of trust among customers and partners. The trust that customers and investors had in Flutterwave was greatly damaged. People started to doubt the company’s integrity and whether their money and personal information were safe. Market Impact The scandal shook the entire fintech market. Flutterwave’s competitors saw this as an opportunity and started to attract customers who were leaving Flutterwave.
Breaking Down the Flutterwave Scandal What You Need to Know.pdf
Breaking Down the Flutterwave Scandal What You Need to Know.pdf
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Process implementation slides
1.
Peak Performance System
Process Implementation Model September 9, 2011
2.
Business Success Peak
Performance System
3.
Peak Performance System
4.
Process Implementation Vision
Fast Forwarding Mindset Planning Game Plan Rehearsal/Practice Execution Review Talent Resources Platforms Leadership Accountability Communication Teamwork Workflow Results Metrics
5.
Components CEO Executive
Team VPs Directors Teams Individuals Functions Groups Task Forces
6.
Vision
7.
8.
Resilience
9.
10.
Game Plan
Workflow
11.
Deliberate Rehearsal/Practice Discipline
Confidence Resilience
12.
Execution “In The
Zone”
13.
Review
14.
15.
Recruiting
16.
Selection
17.
Deployment
18.
Development
19.
20.
Process Implementation (pieces
to be integrated)
21.
22.
Feedback
23.
CoachingProcess Implementation
24.
Performance Management
25.
Culture
26.
Luis Valdes, Ph.D.
CEO http://www.performancevertical.com 404-357-7335 Performance Vertical Consulting
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