“’[A reputation crisis] doesn’t require a media element, although certainly many stakeholders may realize they should be angry or disappointed by learning about something through the media—and whether or not it is true is a separate issue,’ Kossovsky told Club Industry.”Club Industry
December 12, 2019
“Kossovsky said ‘The critical element is that stakeholders…have certain expectations.’”
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Reputation risk is the peril of economic harm from angry disappointed stakeholders.
Risk governance and management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive enterprise reputation risk solution.
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