A financial services company's reputation is made (or lost) on the basis of any number of moving parts, some of which are notoriously hard to quantify. A corporate reputation is part good management, ...
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 ...
Reputation risk management is a vital element of a good governance model and one that is capable of supporting an institution's efforts in achieving both its business and compliance objectives. The ...
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 ...
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 ...
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 ...
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, ...
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 ...
Risk management is the responsibility of everyone in an organization, not just that of the owner or senior executives. And savvy leaders take a holistic approach to managing risk, involving employees ...
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 ...
In an era where social media posts can go viral in hours, investigators and consultants do not have the luxury of waiting days or weeks to respond once information (or misinformation) has leaked into ...
LONDON, England, Sept. 23 (TNSRep) -- Airmic issued the following news release on Sept. 22: Traditionally, risk is dealt with by risk experts, while reputation tends to be managed by the corporate ...
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