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Rance Hesketh, former CEO of Workshop Cafe and former senior vice president at Burger King (Photo by Via News)

Short-Termism, Overextension Lead to Business Vulnerability

Failure to focus on the long-term vision of a business and over-extending the scope of its activities could result in vulnerability, says a senior entrepreneurial executive, who calls it a “folly” to pursue growth rather than profit. “There’s too much short-termism, and that short-termism is ultimately very damaging. It’s damaging to the [company’s] culture in…

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European Banking Authority. Photo credit: EBA

Is Peer-To-Peer Lending Platforms Industry Ready to Disrupt Global Finance?

Gone are the days when the word ‘loan’ existed only in the dictionary of banks and shylocks. Today, technology is revolutionizing global finance such that people can access credit outside the strict bounds of the financial industry. Notably, the peer-to-peer (P2P) lending industry is one of these mediums. The global P2P lending platforms industry is…

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