Reputational Risk

Reputation is considered one of the most important intangible assets possessed by a business. A good reputation can take years to achieve – and can be destroyed very quickly. Knowing the importance of a corporate reputation and how to protect it, can save a company millions of dollars in lost revenue and years of rebuilding in the event of a crisis.

This Zurich infographic presents the hard data. It makes a compelling business case why managing your company’s reputation has become a strategic imperative. Learn the facts on  reputation risk in this exclusive infographic.

Insights: 

Interestingly, 66% of companies covered in the study have a formal crisis communication in place!! And, ONLY 40% of companies conduct regular crisis simulation exercise!!! This is a clear indication of how the top managements and boards perceive the real impact of risks. Most of the times, IT risk management is left to the IT department grossly ignoring the impact of IT failure on the overall business. A solution is to deploy an appropriate IT Governance framework and take IT risk management in the hands of the board.

References in the Infographic

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One thought on “Reputational Risk

  1. I think this is one of the most vital information for me. And i’m glad reading your article. But should remark on some general things, The website style is perfect, the articles is really nice : D. Good job, cheers

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