A short guide to reputation risk by Garry Honey

By Garry Honey

Popularity threat is a subject with relevance around the employer, from probability managers to company verbal exchange managers, from compliance supervisor to HR Director. no matter what your curiosity within the topic, a quick advisor to attractiveness danger offers a shorthand path to realizing the context and key positive aspects of this topic. the character and cost of recognition -- The motives and effect of popularity probability -- settling on stakeholders and chance drivers -- deciding upon instruments and controls -- Assigning accountability -- Integrating attractiveness threat -- Governance and compliance -- Case reviews

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Measuring expectation among any stakeholder group requires an understanding of stakeholder attitudes and the relationship each group has with your organisation. Thus, it is necessary to survey stakeholder expectation in terms of perception and not in terms of customer or employee satisfaction, as is so often the case. Stakeholders At this point it is perhaps appropriate to define the term ‘stakeholder’. The word is not yet in common usage across all departments in many organisations, although Investor Relations and Corporate Communications people generally have a good understanding.

Measuring expectation among any stakeholder group requires an understanding of stakeholder attitudes and the relationship each group has with your organisation. Thus, it is necessary to survey stakeholder expectation in terms of perception and not in terms of customer or employee satisfaction, as is so often the case. Stakeholders At this point it is perhaps appropriate to define the term ‘stakeholder’. The word is not yet in common usage across all departments in many organisations, although Investor Relations and Corporate Communications people generally have a good understanding.

Strategic Risk Rarely Difficult – behavioural Avoid or Mitigate direction – - impact impacton onchosen chosenstrategy, strategy, sustainability, reputation, culture & corporate behaviour, value alignments. Principal Risk Statutory requirement Difficult Manage realisable value – - ROI, ROI, significant significant to to investors – - share shareprice, price,reputation reputationetc. etc.

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