Introducing corporate reputation continuity to support organizational resilience against crises

Koronis, Epaminondas and Ponis, Stavros (2012) Introducing corporate reputation continuity to support organizational resilience against crises. Journal of Applied Business Research, 28 (2). pp. 283-290. ISSN 0892-7626

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Abstract

As Corporate Reputation (CR) evolves into an important asset for organizations, crises, disasters and other supply chain disruptive events, stand as threats to the preservation of the reputation capital since they usually result to negative projections to their audiences and to problematic evaluations by their stakeholders. Viewing CR as the accumulated trust and positive evaluations of the stakeholders, this paper proposes a conceptual and normative framework for Reputation Continuity, which enhances the ability of organizations to preserve their reputation, instead of working for its recovery in the post-crisis period. In our approach, we propose a process of maintaining trusted links, instead of restoring them and establishing a reputation resilient organization, instead of one struggling to recover from reputation losses, after the crisis has emerged. Working closely with stakeholders during the crisis, injecting a sense of normality continuity through effective leadership and mitigating image problems are seen as critical concerns, alongside a set of managerial practices to be followed. Ultimately, it is argued that, the value-based and strategically integrated view of Business Continuity must be enhanced and supported by Reputation Continuity activities.

Item Type:Article
Keywords:business continuity, corporate reputation
Subjects:N Business and Administrative studies > N100 Business studies
Divisions:College of Social Science > Lincoln Business School
ID Code:6613
Deposited By: Epaminondas Koronis
Deposited On:20 Oct 2012 13:33
Last Modified:05 Dec 2013 10:21

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