December 2, 2021

“Companies must mitigate reputation risks before they impair value. To achieve this, companies must establish effective processes, controls, systems, and insurances that are robust to the issues of today and tomorrow, have nimble leadership that transcends operational silos, engage with stakeholders who may have competing interests, develop and disclose a coherent risk management strategy, and behind it all, have a board dutifully providing oversight.”

NACD Directorship
December 02, 2021

“Boards can follow these principles and strategies to better deploy enterprise-wide reputation risk management solutions.”

Click on Read More (below) for more contents (PDF-No Paywall) or view the NACD Members digital version (NACD Paywall).

A company’s oversight of reputational risk has become a key governance matter.

Click on the highlighted text for a broader view of reputation risk case studies and reputation premium; or to explore additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here.

Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution. Learn about our services here.

What’s your strategy?