Harnessing the Power of Reputation

Summary


EXECUTIVES know the importance of their companies' reputations but are they doing enough to manage this very important intangible asset?

When a door opens not to your knock, consider your reputation. - Arabic proverb

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Extract


Harnessing the Power of Reputation

REPUTATION IS A WONDROUS THING. FIRMS with strong positive reputations attract better people, could get away with charging a premium and have more loyal customers. And because the market believes such companies will deliver sustained earnings and growth, they have a higher market value and lower costs of capital.

Con...

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