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Understanding and Managing Reputation Risk

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How Reputation Consultancy work with companies to understand and manage reputation risk

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Page 1: Understanding and Managing Reputation Risk

Reputation RiskTaking care of your future

www.reputationconsultancy.com

Page 2: Understanding and Managing Reputation Risk

Our Reputation Risk Tracker allows you to harness big data analysis to evidence and understand risk threats and opportunities. Clients use this insight to manage reputation risks, provide warning signals and make better-informed decisions.

We reveal powerful evidence-based information of value to all decision-makers from Executive Boards, Non-Executive Directors, Risk Managers, Investor Relations to those requiring comprehensive analysis and due diligence including Investors, Suppliers, Credit Assessors and Regulators. Our clients use this information to prioritise known risks, inform investment decisions, check for emerging and unknown risks, predict the likely impact on reputation of future actions and to assess the effectiveness of their risk management and communications.

Our Reputation Risk Tracker analyses six key categories of risk, going back up to five years to look for trends and consider the impact of previous events and issues. It can also track changes to reputation on an ongoing basis to provide weekly, monthly or quarterly updates on how risks to reputation are evolving.

It shows the depth and types of emotion connected to specific issues and allows comparison across entire sectors as well as different countries, languages and cultures.

Ultimately, risk tracking gives you the ability to measure, monitor and thereby manage risks proactively and effectively.

Reputation RiskTaking care of your future

Page 3: Understanding and Managing Reputation Risk

We assess your reputation risk across the six defined areas or we can tailor the criteria to the specific concerns of your organisation

Across each of these six areas you will see the following

Reputation RiskTaking care of your future

Page 4: Understanding and Managing Reputation Risk

actual losses

operational risk

sector, competitors and other markets

transparency and accountability of reporting

managing risk

reputation risk

reporting purposes

Reputation Risk Tracking can be undertaken using two of our insight tools:

Reputation Risk Tracker: Using big data analysis we distil online content and weight it by influence and strength of sentiment providing a very accurate picture of the risk threats and opportunities. This is a highly flexible tool that can be used without the need to contact or alert stakeholders.

Reputation Risk Fingerprint: Market research that evidences each stakeholder group’s perception of risks, allowing you to compare and contrast attitudes and identify where risks to reputation lie.

Tracker

Tracker

Page 5: Understanding and Managing Reputation Risk

An example of reputation risk management information showing the key drivers of reputation risk.

Our Change For Good can use reputation coaching to begin improving reputation from within your organisation, building reputation risk management into practices and behaviours across your individuals, relationships and internal processes.

Our Influence That Lasts team can work with your communications and investor relations teams to build a reputation risk management strategy designed to target the issues and influencers having most impact on how your organisation is perceived.

And then…

Top Operating Risk Issues and Sentiment

Happiness

Surprise

Sadness

Fear

Anger

Distrust

Contempt

24%

6%

17%

22%

22%

7%3%

Operating

Communication

Regulatory

ESG

Financial

Management and Leadership

0% 5% 10% 15% 20% 25%

Reputation Risk

Association and emotion with key risk themes

Risk Dashboard – Changes in Importance and Sentiment

Reputation Risk

5

5

10

15

20

-5

-5

-10

-10

-15

-15

-20

-20

-2510

Association Rising / Sentiment Improving

Association Rising + Sentiment Worsening

Association Falling + Sentiment Improving

Association Falling / Sentiment Worsening

2025

Emissions

Heathrow

Premium

Regularity

Willie Walsh

Cancellations

Chief Executive

Competition

Customer Service

Emergency landings

5

5

10

15

20

5

5

-5

-5

-10

-10

-15

-15

-20

-20

-2510

Association Rising / Sentiment Improving

Association Rising + Sentiment Worsening

Association Falling + Sentiment Improving

Association Falling / Sentiment Worsening

2025

Emissions

Heathrow

Premium

Regularity

Willie Walsh

Cancellations

Chief Executive

Competition

Customer Service

Emergency landings

Changes in Association with Issue and Sentiment during QX 2013

Page 6: Understanding and Managing Reputation Risk

Your team

Above (left to right): Neal Foundly, Abigail Herron, Steve Leigh, Rachel Griffiths, Will Medd.

Rachel Griffiths

Will Medd

Steve Leigh

Abigail Herron

Neal Foundly

Our team enables you to enable you to take care of your future by bringing all the diversity of skills required for complete reputation risk management.

Page 7: Understanding and Managing Reputation Risk

Our story

Page 8: Understanding and Managing Reputation Risk

Let’s beginIf you’d like to talk to us and to know a little more then please do get in touch. Here’s how to contact us:

reputationconsultancy.co.uk

reputationconsultancy.co.uk/blog

@Repconsultancy

Or simply get in touch with Rachel to talk things through:[email protected]: 0844 561 0476Mob: 07793 200888

Why not join us for a coffee? We work globally and across the UK, we’re in London weekly and our home is in MediaCityUK, Manchester.