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Reputation Roulette

By Nate | November 27, 2006

A key focus of professionals both in the corporate responsibility and corporate ethics fields is reputational risk management. These words have become a fairly standard mantra lately. But as we all know, the challenge is in bringing them to life. I was reminded once again of the gossamer nature of reputation recently when I found myself reading yet another news story about the Duke University lacrosse team debacle. This story inspired me to write an article for Ethical Corporation on the fleeting and fragile nature of reputation, and on the expanding universe of people who can damage or destroy it.

I've attached a link to my new article, and hope you find it interesting. [http://www.ethicalcorp.com/content.asp?ContentID=4688] I'll note that the article wasn't on-line for more than a few minutes before I received an e-mail from a reader pointing out that the trigger for the damage to Duke's reputation wasn't so much the precipitating event itself (an alleged rape that may well have not happened at all) but the ham-handed way the matter has been handled by the University. This is a good point, though my article was making a slightly different point. Nevertheless, the reader's e-mail suggests the possibility of a follow-up piece that discusses how little issues can easily become major scandals simply because they were not addressed correctly when they were first identified. I suspect this has been done to death already. We'll see. Stay tuned.

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This blog contains personal reflections and commentary on corporate responsibility by the consultants of Ethical Leadership Group. It is intended to communicate short, timely items of interest to our clients and colleagues. We look forward to your comments. Please visit our Ethics and Compliance Blog for more general ethics and compliance issues.

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Published Writings by ELG consultants

Climate Change: Tilting at Windmills - the rush on renewables
from Ethical Corporation Magazine

Hewlett-Packard and ‘pretexting’ - A rose by any other name
from the website of Ethical Corporation Magazine

Starting to ‘Get’ Responsibility
from Ethical Corporation Magazine

Invite Your Lawyers to the Corporate Responsibility Dance
from Ethical Corporation Magazine

The Anti-CSR Lobby: House of Straw
from Ethical Corporation Magazine

Making the Business Case for the Business Case
from Ethical Corporation Magazine

Ethical Reporting and the Law
from Ethical Corporation Magazine

Ethical Sourcing – Good News for Industry-wide Initiatives
from the website of Ethical Corporation Magazine

When Mars meets Venus
from Ethical Corporation Magazine

Reputation Roulette
from the website of Ethical Corporation Magazine

TXU Takeover – How Capitalism is really Turning Green
from Ethical Corporation Magazine

Published Writings quoting ELG consultants

Corporate America's Hidden Risks
by Mark Gunther, from Fortune Magazine

Win or Lose in Court
by Bill Baue, from Business Ethics magazine

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