That Uber “is a textbook “bezzle” — John Kenneth Galbraith’s coinage for an investment swindle where the losses have yet to be recognized — is likely to come as a surprise to its many satisfied customers.” December 6, 2018New York “Uber has…an image of inevitability and invincibility…How much is hype and how much is real?” …
GE ‘s “culture…disdained bad news [and] contributed to overoptimistic forecasts and botched strategies (as they were ignorant to) the insights and expectations of its employees closer to the ground. December 4, 2018MIT Sloan Management Review “GE…executives were regularly making promises to shareholders … that operating managers knew were impossible.” Reputation risk is born in the …
Wall Street Journal November 4, 2018 Reputation risk: Peril of disappointed stakeholders. “Google hires people who can work anywhere…if employees don’t trust the company will have their backs, it will impact Google’s ability to attract, retain and motivate employees “Many voiced anger and disappointment in a company they once thought was different from other big …
“Facebook privacy failures is … a sign of how well Facebook is poised to handle sophisticated foreign disinformation campaigns, and where its priorities lie.” October 7, 2018New York Times “The company has been careless with that trust — and is still being careless.” Reputation risk: The peril of loss from angry disappointed stakeholders. Reputations are valuable …
“It would set an ominous precedent if a company could be held criminally liable for impact suffered as a result of the historic flooding of Hurricane Harvey that no one, including Harris County itself, was prepared for.” September 4, 2018Houston Chronicle Indicted by a Texas grand jury, “Arkema called the criminal charges filed against it …
“The lesson Apple’s management has learned from the iPhone X, is when you sell a smartphone for more than $1,000 you can sell fewer units and still reap the financial benefits,” said analyst Thomas Forte from DA Davidson & Co. Value of a #reputation. “The strong demand for Apple’s most expensive phones marked a contrast …
Cambridge Analytica, the UK company at the heart of the privacy breach that has wiped almost $40bn off the value of Facebook, has been characterised as a high-tech business that transformed data into a tool to wage “psychological warfare”. But it is the analytics company that has now found itself in the line of fire. …