Managing reputation risk in today’s interconnected world
We live in an unprecedented era of technological and scientific development that have the potential to positively transform the way we live and work… but are we considering all the potential implications? Genetic engineering, quantum computing, artificial intelligence…to name but a few areas to consider.
In tomorrow’s world, how should organizations actively manage reputation risk? Reputation risk is not new; it has been a part of business forever. What’s changed is how vital reputation risk has become to the overall health of businesses – and how difficult it can be to manage with the increasingly complex and interconnected nature of global risks.
Do organisations need a Chief Ethics Officer? Who determines what is ‘right’, and how, and for whom? Caring for business means considering everything that could affect it. This demands a holistic risk management approach.