What is Reputational Risk? Identification and Mitigation
When a company is preparing for the future, they research potential profit margins, customer demographics, and many other aspects of what they believe will lead them to success. While all of these are vital, there are some risks that are often ignored until it’s too late.
One of the most important is reputational risk. A company’s reputation is tied directly to its success. But what is reputational risk, and what can a company do to keep risk to a minimum?