“During the Brexit process I was very struck by the decline in Britain’s authority,” says a former foreign secretary, noting particular dismay in Japan. “We weren’t treated as grown-ups.” Esteem for Britain is probably recoverable, says Michael Jay, a former head of the foreign office, but securing top international posts may be tricky for a while.”The Economist
June 2, 2020
“Reputation is soft power, and (leaders) worry about the impact on Britain’s ability to sway opinion.”
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Reputation risk is the behavioral economic peril of political damage from disappointed stakeholders.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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