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Thursday, February 12, 2009

Poll Shows That CEOs Constantly Think About Company Reputation

New research from Dr. Leslie Gaines-Ross and the Weber Shandwick team suggests company executives are well aware of the importance of a spotless reputation–and just how easily they can personally screw it up!

Of the 703 senior executives polled a whopping 100% of CEOs admit to frequently thinking about their company’s reputation–although only 38% of executives seem to care about their personal reputation. Clearly they’ve not heard that 87% of us tie a CEO’s reputation to that of the company (source: Hill & Knowlton).

It also appears that the higher-up the totem pole an executive is, the less threats he or she sees against their company’s reputation. At the CEO level only 56% see a "High/Moderate" threat to the company reputation, while those below the chief executive see a 67% threat. Of course, both camps are being a little too hopeful, what with previous studies showing 83% of companies will face a reputation crisis in the next five years that devalues them by 20-30% (source: Oxford-Metrica).

Lastly, a staggering 87% of global executives admit they’ve sent out (or received) at least one email, text, or Tweet, that could have led to a reputation-suicide.

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About the author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at andy.beal@gmail.com.
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