Building a company’s reputation may take years, but it can be irreparably tarnished with a few unfortunate headlines after a security event. Reputational risk is regarded as the greatest threat to a ...
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 ...
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, ...
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 ...
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 ...
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 ...
Today’s highly charged and extremely partisan political environment continues to create additional reputational risk for banks, with activists on both sides of the political spectrum seeking 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 ...
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