Damage to a company's reputation can be much worse than a financial loss. In this issue of Industry Insider, John Billington, our guest columnist from Unisys Australia/New Zealand, discusses how IT ...
Many organizations today are stuck in reactive mode because leaders don’t have time to think and act. More importantly, they’re not adept at predicting which potential risk, trending conversation, or ...
In this article, we define reputational risk, identify recurring themes that were present in cases where reputation risk has gone wrong, and offer a high level five point blueprint for boards to ...
Reputation risk and opportunity management is the front line job of management – however, it is the job of the board to provide reputation risk and opportunity oversight for their company. Andrea ...
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently. - Warren Buffett Since the financial crisis, consumer trust surveys have ...
Warren Buffett famously said that a reputation takes twenty years to build and five minutes to ruin, and that notion is truer today than ever before. Many executives consider their enterprise’s ...
A reputation takes years to build and no time to be ruined. In an age of all-pervasive media and when everyone's a broadcaster, reputation has become more precious than ever. The Economist termed ...
Airmic, the Risk and Insurance Management Society, and the RepTrak Jointly issued the following report entitled "Closing the Gaps on Reputational Risk Management":. RIMS, Airmic and The RepTrak ...
When it comes to reputational risk, not all business models are created equal. While people are predisposed to like businesses such as pet stores or clothing boutiques, private equity firms and hedge ...
The banking sector and its regulators have been grappling with the issue of reputation since the last economic collapse, but only recently have come to a clear understanding of what reputation means, ...
(Ad) The recent pandemic had many of us spending much more time close to home, and we often got to know our neighborhood businesses better. Supporting local businesses like the pizza shop down the ...
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