For Immediate Release

FIR #468: New Threats to Reputation

Informações:

Sinopsis

While a company's reputation doesn't appear as a line item on a profit and loss statement or a balance sheet, it is nevertheless a critical intangible asset that significantly influences financial performance and long-term success. A strong positive reputation fosters trust among consumers and B2B customers, leading to increased customer loyalty, premium pricing power, and greater resilience in times of crisis. It also makes the company more attractive to top talent, reducing recruitment costs and improving employee retention. A favorable reputation can also enhance relationships with investors and partners, providing better access to capital and more advantageous business opportunities. The public relations profession is in the reputation business. Yet there are new threats to reputations that aren't yet on most practitioners' radars -- and if they are, they haven't found their way into plans and strategies. For example, companies that succumbed to political pressure to back away from their DEI commitments h