“Mr. Obama met former President Vaclav Havel, one of Eastern Europe’s most celebrated former dissidents, whose inclusive brand of politics has been emulated by Mr. Obama. Aides said Mr. Havel, whom Bill Clinton once compared to Gandhi, warned Mr. Obama of the perils of limitless hope being projected onto a leader, noting that disappointment could boil over into anger. Mr. Obama responded with a smile, saying he was becoming acutely aware of this possibility.”New York Times
February 15, 2021
“You’ve been cursed with people’s high expectations…because it also means they are easily disappointed. […] I fear it can be a trap.”
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Reputation risk is the family of damaging perils 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.
What’s your strategy?