“Reputational crises are nasty, brutish, and enduring. To deploy the type of reputational risk management apparatus needed today, companies must understand the expectations of ever-changing and diverse groups of stakeholders, and stay attuned to constantly shifting cultural trends that pose enterprise-wide risks and require a response from corporate America.”Profiles in Diversity Journal
October 19, 2020
“Who those stakeholders are and what they are expecting is changing, as new cultural and political trends emerge.”
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Reputation risk management targets the gap between stakeholder expectations and reality.
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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