
CRISIS CHRONICLES
Welcome to Crisis Chronicles: our thoughts on news, current affairs and reputation management.
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April 05, 2024
By Brad Chase
63 percent of a company's market value comes from its overall reputation (per Weber Shandwick)
Nearly 70 percent of leaders report facing a true crisis in the past five years (per PwC)
Only 1-in-3 have a crisis management plan in place (per PwC)
To readers questioning the need: the choice is obvious, will you make the right one?
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March 06, 2024
By Brad Chase
This is why I always snicker when I see “no comment.” It makes it very clear that the CEO of the company is a useless leader. That may seem harsh. But if you’re the CEO of a company, like Glow Recipe, and you produce makeup for children that is potentially giving them horrible side effects and you completely ignore major news outlets that come calling with legitimate questions — you are out of your depth. Health and safety must always be paramount for your customers and team members. Period.
Maybe the comms team is weak, or the reporter didn’t give enough time. But gone are the days of receiving a media inquiry and having until the end of the day before it goes to print. They run the story and add a quote after it’s gone public. Horrible journalism. This is 2024 for you. And this story about Glow Recipe has gone five days without a comment. It doesn’t matter if it’s malice or malpractice, if you can’t do the bare minimum, your company likely has far bigger problems.
Every time you see it from a company that you know, take a moment to reconsider buying their products, partnering with them, accepting a job, etc. The “no comment” response is a bellwether that shouldn’t be ignored.
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By Brad Chase
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By Moa Crucchiola
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by Brad Chase
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by Brad Chase