Reputation Risk Management
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According to a study by the World Economic Forum more than 25% of a company’s market value is directly attributable to its reputation.
In a highly connected world where customers, operations, suppliers are spread across the planet and where reputations can be globally attacked with just a few keystrokes - that number is likely to be higher. In a 24/7 media world companies are confronted with risks beyond their control. While real events like third-party risk, risks from competition or catastrophic events as the original cause, the influence of social media can escalate bad situations rapidly making them get worse |
instantaneously requiring immediate attention from top management and distracting them from day to day business with real concerns like security (physical and cyber), ethics and integrity, fraud or product and services risk.
In order to immediately and effectively react in the event of a menace we support you in setting up both routines spotting early potential threats and defensive procedures to handle the inevitable ex post. Managing reputation risk successfully will ultimately help us and the industry avoid giving cause to further change in regulation. |