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How to manage reputation risk

In: Strategic Reputation Risk Management

Author

Listed:
  • Judy Larkin

Abstract

Risk management and change are linked and convergent, and yet few organizations appear to adopt a holistic approach to their integration in an operational context. Risk management involves avoiding, reducing or controlling potential or current hazards. Much of risk management is concerned with assessing and mitigating the effects of financial volatility, bad debt and liquidity problems but it also entails assessing risk specific to the markets or industries in which a company operates. Operational risks accrue as part of the functioning of routine business processes and as part of the way in which people associated with those processes behave.

Suggested Citation

  • Judy Larkin, 2003. "How to manage reputation risk," Palgrave Macmillan Books, in: Strategic Reputation Risk Management, chapter 0, pages 37-85, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-51141-5_2
    DOI: 10.1057/9780230511415_2
    as

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