“These communications cement AMI’s long-earned reputation for weaponising journalistic privileges, hiding behind important protections, and ignoring the tenets and purpose of true journalism,”
In a blog, Mr Bezos accused the National Enquirer, America’s best-known tabloid, of carrying out a political attack, and linked it to President Donald Trump and the Saudi government.February 12, 2019
“These communications cement AMI’s long-earned reputation for weaponising journalistic privileges”
Climate change of the cultural kind—a reputation tornado—can turn an asset into a liability.
Reputations are valuable strategic intangible assets. Threats to these assets⏤ enterprise reputation risks, often mislabeled “brand risks” ⏤ need to be managed, and management needs to be overseen through reputation risk governance lest reputational damage or reputational harm result in long-tailed go-forward losses in economic value and/or political power. Because these intangible risks arise from the interplay of stakeholder expectation, experiences, and media amplification, parametric insurances for intangible asset risks, for reputational value, for reputational harm, and for reputation assurance help mitigate risk by telling a simple, convincing and completely credible story of quality reputation governance to stakeholders. This story telling effect is the expressive power of insurance complementing insurance’s better known instrumental power of indemnification.
Risk management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive solution. What’s your strategy?