Many businesses are facing a trust deficiency that undermines their reputation equity. Not only it is an underlying threat to their license to operate, but it also represents a missed opportunity to engage in mutual, long-term, value-driven relationships with stakeholders. Trust has become such a critical strategic issue for business that it needs to be fully integrated as part of risk management. Continue reading this article in Communication World (CW), the digital magazine of the International Association of Business Communicators
The trust deficiency that many businesses are facing is an underlying threat to their license to operate, that also undermines the reputation equity. Trust has become such a critical strategic issue that it needs to be fully integrated as part of risk management, and this evolution has reshuffled the cards for corporate affairs practitioners. Managing trust risk requires a better understanding of the meaning of trust as a concept, and of its core components in order to deliver a holistic … “Managing Trust Risk Infographic 1: Challenges and Solutions to Managing Risk”
The US election reinforces the truth of our VUCA world. There is little doubt that we are living in highly volatile, uncertain, complex, and ambiguous times. Like Brexit, the status quo was upturned in a staggering fashion in last week’s US election, teaching us all that we are living in uncharted waters replete with unknowable consequences. We are living in a world of great contradiction: on the one hand the world is witnessing exciting developments in technology and innovation, global … “The US Election: Another Example of Our VUCA World”
A Spanish language version (in partnership with Corporate Excellence) of a GlobeScan report on trust risk based on insights from corporate affairs practitioners.
A GlobeScan report on trust risk based on insights from corporate affairs practitioners.
9 November 2016 – A recent self-assessment by corporate affairs professionals of how much their corporation is trusted by stakeholders depicts a context of uncertainty. Only one in five (21%) believes their company holds a very high amount of trust to operate in the best interest of society, according to findings from GlobeScan’s new global survey of corporate affairs professionals. They are countered by the same proportion who report their stakeholders have very little or no trust at all in their … “Trust is Increasingly Managed Like a Risk and Redefines the Approach to Business by Corporate Affairs Professionals”
On November 9 we hosted a webinar discussion titled “Managing Trust Risk: Insights from a Global Consultation with Corporate Affairs Practitioners.” The trust deficiency that many businesses are facing is an underlying threat to their license to operate, that also undermines the reputation equity. Trust has become such a critical strategic issue that it needs to be fully integrated as part of risk management, and this evolution has reshuffled the cards for corporate affairs practitioners. Managing trust risk requires a … “Webinar Recap: Managing Trust Risk: Insights from a Global Consultation with Corporate Affairs Practitioners”
A GlobeScan Radar eBrief on trust in the finance industry.
‘Thick” trust is present when a company achieves social trust that goes beyond the transactional and includes acting in broader societal interest. Results from GlobeScan’s 2016 Radar research confirm that ‘thick’ trust in banks and financial services companies remains low, despite eight years having passed since the financial crisis of 2008. In our new eBrief, we explore the low levels of trust in the finance industry across different regions, the reasoning behind the low scores, and ways the finance industry … “Trust in the Finance Industry: A GlobeScan Radar eBrief Report”
Prior to our webinar and publication of a new GlobeScan report that aims to surface the main challenges, most compelling opportunities, and best practices in trust management, we asked GlobeScan CEO, Christophe Guibeleguiet, for his views on how corporate affairs professionals can manage trust risk within their organizations. Based on your experience of advising multinationals, and engaging with their stakeholders, what are the main challenges facing global organizations today? The challenges are both strategic and operational. Strategically, shifting stakeholder demands and … “Managing Trust Risk: an Interview with GlobeScan co-CEO Christophe Guibeleguiet”