Reputation risk is on the rise – are you managing yours effectively? Emerging Risk Report: Issue 80

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Reputation risk is on the rise – are you managing yours effectively? Emerging Risk Report: Issue 80

Solution

Reputation risk is bigger, more frequent, and more far reaching today. A recent survey of US institutions showed that a significant majority of colleges and universities believe reputational risk is more important than before – and over half of institutions stated that they would not be able to withstand a major reputational risk event.

This risk is just as much a concern for Australian institutions, and for institutions other than universities and colleges. In this report we look at what has changed around this topic, why it matters, and suggest four things you should implement to help address this risk.

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If you haven’t already, read Ty Birkett’s first CEO Connect message as he reflects on some of the issues and developments from his first quarter.