How Companies Manage Reputation
Every company has a brand, but more importantly, every company has a reputation. A brand is what a company says about itself, but a reputation is what the public, customers, employees, and stakeholders believe about the company. Reputation management is one of the most important functions of Public Relations and Corporate Communications because reputation affects: Customer trust Investor confidence Partnerships Employee morale Media coverage Crisis survival Company growth Many people think companies only focus on marketing and sales, but large organizations spend a lot of time managing reputation, perception, and public image . What Is Corporate Reputation? Corporate reputation is the overall public perception of a company based on: Customer experience Product or service quality Customer service Media coverage Social media presence Corporate communication Leadership reputation Corporate social responsibility Crisis response Employee treatment ...