Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • fx
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home

    Recover from Reputational Damage?

    npsBy nps28 July 2022Updated:26 June 2024 No Comments3 Mins Read
    — Filed under: Focus
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Brands are the public face of businesses, a social entity that expresses the values and commitments of that business while raising awareness of, and engagement with, the products and services it represents.

    In the age of social media, brands are more ubiquitous than ever, and all the more crucial to business success.

    But brands are a weak point for businesses, making them much more susceptible to measurable damage from knocks to reputation. In the event that a business suffers reputational damage, what are the steps to rehabilitation?

    Assess the Damage

    Before you begin to create any form of damage control programme, you should endeavour to establish the extent of the reputational damage suffered by your business. This will have to occur on a number of fronts, including both qualitative and quantitative analysis.

    Reputational crises can harm a business in multiple ways. Customers may vote with their feet, resulting in an uncharacteristic fall in sales or customers on account; simultaneously, public backlash may be evident on social media platforms. How widespread are negative criticisms of the event or revelation in question?

    Take Responsibility

    In knowing the extent to which the business’ reputation has been harmed, you are better placed as a business leader to understand public, customer and stakeholder expectations of your business. On all fronts, there will be strong calls for ownership and responsibility; if your brand is directly responsible for the reputational damage, it is your responsibility to take responsibility ? and to make assurances that the situation is at hand.

    This isn’t to say that you should ‘go public’ immediately. Indeed, the shrewd move is to remain quiet until a proper strategy has been drawn up ? more on which later. But here and now is a powerful place to understand the importance of addressing the crisis correctly.

    Show Leadership

    Managing a brand-damaging incident is not an easy thing, and even the most forthright of leaders will have considered distancing themselves from fault at one point or another. But ownership and leadership are precisely the qualities that can steer a brand out of controversy.

    In navigating the response to the crisis, you should do your best to lead your teams with conviction. This will inspire confidence and trust internally, ensuring you get the best results from your workforce as you work to rectify the damage done.

    Plan a Media Communication Strategy

    While the behind-the-scenes work is underway to right the wrong ? whether through communication with an affected party, or procedural overhaul to close a loophole or illuminate oversights ? a public response is necessary to control public brand image. Liaise with a PR agency to chart the best course for this, and ensure that quantifiable commitments to change are included in your statement.

    Deliver

    Lastly, it is crucial that you deliver on any promises made, both internally and externally. Many reputational crises relate to management of equality, diversity and inclusion (EDI); securing the assistance of EDI support services ensure that legal precedents are followed, and robust procedures drawn up. In terms of crises relating to sustainability, discussion with ESG specialists will create avenues for proactive change.

    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EU approves EUR 300m for common defence procurement projects

    EU proposes e-declaration for the posting of workers

    EU calls on Apple to end geo-blocking on media services

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    EU artificial intelligence factories set for 2025

    Council agrees reform of EU VAT rules for the digital age

    LATEST EU NEWS

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    EU artificial intelligence factories set for 2025

    13 November 2024
    BRIEFING

    Agenda

    This week, COP29 begins in Azerbaijan; finance ministers discuss the EU's annual budget for 2025; and MEPs hold a plenary session on EU-US relations, EU summits, deforestation and COP 29...

    EUbusiness Week

    This week competitiveness and environment ministers will hold informal meetings…

    Eurozone Economic Calendar

    Key economic calendar events for the week 11 to 16 November 2024

    The Week's Top Stories

    This week competitiveness and environment ministers will hold informal meetings…

    Advertisement

    Subscribe to EUbusiness Week

    Get the latest EU news

    Latest Posts

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Tems
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025
    Design and developed by : Dotsquares

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok