Elliot Schreiber, Ph.D., director of Drexel LeBow’s Center for Corporate Reputation Management, wrote an article published by the PRSA’s forum, PRSay, about why CEOs need to make reputation a priority.
“In past AON studies before the current financial crisis, reputation was the top-ranked CEO risk factor,” Schreiber writes. “But, what is troubling is that two-thirds of the respondents still have no ‘formal reputation risk plan’ in place, and that figure has not changed substantially.”