Thursday, July 21, 2005
Reputations at Risk (3)
Then we had Grahame Dowling of AGSM / Reputation Institute. Never less than deadpan, GD began by breaking down what "corporate reputation" actually means. There was a bit of detour around boards of directors, then he got back on track with a statistical survey breakdown of what might contribute to a firm's reputation - "providing good products and services" came out top. There was also a negative correlation between customer and shareholder views - i.e. customers don't want to feel ripped off. And then he moved from a heavily analytic approach to talking about corporate reputation as story. An example of a compelling "story" about quality and value being Porche. Now, he didn't talk much about the methodology for doing this apart from "tell the truth". I think there's a heavy role for Cynefin-like narrative techniques here...
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