Strategic Focus: Mitigating Reputational Risk In The Age Of Social Media
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Executive Summary
As we head into another era of consumers making their politics understood by the brands that they buy, understanding the context of reputational risks in the age of social media is crucial. Case studies like Bud Light, Maybelline and Tractor Supply demonstrate that a firm’s response to social media backlash can either amplify negative publicity or mitigate it effectively. Organizations should double down on their core values, prioritize stakeholders and lead with authenticity to navigate potential crises confidently. By recognizing the limited influence of internet commentators and avoiding reactive engagement, firms can maintain brand integrity and stakeholder trust.
Table of contents
Organizations must understand a risk’s context before deciding on how to actThe power of context in risk management
The ‘troll effect’: likelihood and impact to brand reputation
Strategic recommendations for managing reputational risk
Table of figures
Figure 1. Key recommendations for managing reputational riskOrganisations mentioned
AB InBev, Anheuser-Busch, Ben & Jerry’s, Black Lives Matter, Bud Light, Fox, Maybelline, Modelo, Nike, Patagonia, Pew Research Center, Tractor Supply, USAA, XAbout the authors
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