Risk Management

Read e-book online A short guide to reputation risk PDF

By Garry Honey

ISBN-10: 0566089955

ISBN-13: 9780566089954

ISBN-10: 0566089963

ISBN-13: 9780566089961

Popularity possibility is a subject with relevance around the organization, from hazard managers to company communique managers, from compliance supervisor to HR Director. no matter what your curiosity within the topic, a quick advisor to attractiveness probability offers a shorthand path to realizing the context and key good points of this topic. the character and price of acceptance -- The explanations and effect of popularity danger -- determining stakeholders and danger drivers -- picking out instruments and controls -- Assigning accountability -- Integrating popularity chance -- Governance and compliance -- Case stories

Show description

Read Online or Download A short guide to reputation risk PDF

Similar risk management books

Read e-book online The Simple Rules of Risk: Revisiting the Art of Financial PDF

In an age the place businesses and fiscal associations are keenly keen on dealing with the monetary probability in their operations, the implementation of quantitative equipment and types has been of super support. instruments akin to VaR, credits VaR, risk-adjusted returns, and state of affairs analyses have given associations the ability to quantify and comprehend their chance profiles.

Review of Risk Mitigation Instruments for Infrastructure: by Tomoko Matsukawa PDF

Even supposing the significance of infrastructure sectors in attaining financial progress and poverty relief is easily tested, elevating debt and fairness capital for infrastructure improvement and repair provision has been a problem for constructing nations. possibility mitigation tools facilitate the mobilization of business debt and fairness capital by means of shifting dangers that personal financiers wouldn't be prepared to take to third-party legitimate and personal associations which are able to taking such dangers.

Risk Management for Meetings and Events by Julia Rutherford Silvers PDF

Occasions of every kind are produced on a daily basis for all demeanour of reasons, attracting every kind of individuals. developing and handling the surroundings within which those humans will assemble includes with it notable tasks - criminal, moral, and fiscal. to supply a secure and safe environment and to function in a fashion that guarantees the internet hosting companies or participants in achieving their targets in a formal and ecocnomic manner, occasion possibility administration needs to be absolutely built-in into all occasion plans and during the occasion administration approach.

Get Managing Hedge Fund Risk and Financing: Adapting to a New PDF

The final word advisor to facing hedge fund possibility in a post-Great Recession global Hedge cash were confronted with a number of new demanding situations as a result ongoing monetary quandary. The simultaneous cave in of significant monetary associations that have been their buying and selling counterparties and repair companies, basic and systemic raises in industry volatility and illiquidity, and unrelenting calls for from traders to redeem their hedge fund investments have conspired to make the weather for hedge money tremendous uncomfortable.

Extra resources for A short guide to reputation risk

Example text

55 5 A Short Guide to Reputation Risk Strategic risk is rarely reported and there are two main reasons. Strategic risks cannot be quantified by impact or probability and cannot be assigned to a single individual. They are typically excluded from scrutiny by the risk committee which tends to have an operational function. They should be addressed by the board but too often there is little time or appetite for deep discussion on strategic risk. The second reason is that where strategic risk is acknowledged there can be a reluctance to report it for fear of its value to a competitor or the negative message it might send to investors; strategy is about future direction and any uncertainty must not be expressed outside the boardroom.

A Canadian drug firm with an ethical policy introduced new sales targets to its telesales team but soon found that customers were concerned about the pressure they were under and the claims being made for the drug. An investigation found that the pressure to achieve targets had led the sales force to act beyond the ethical boundaries of the company. A value misalignment had occurred between the company values and those of its own workers. The risk was identified through examining the process, not simply in terms of basic governance and looking at value misalignment within the organisation.

Inevitably the figures that support an outsourcing decision never allow for intangible risk and rarely show how much risk exists in a small cost saving. Summary Reputation risk sits in the gap between performance and expectation. Managing the risk lies in management of expectation among stakeholders as much as it does in performance. The key to expectation management is alignment. Where expectation is too high or too low then reputation is likely to suffer damage. Stakeholder response will depend on the size of misalignment: if great it could be outrage, if little it could be disappointment.

Download PDF sample

A short guide to reputation risk by Garry Honey


by Ronald
4.0

Rated 4.96 of 5 – based on 4 votes