We took a look at three companies from across the world who are prime examples of businesses that manage change well. And they all have one thing in common: strong and credible leadership.
A series of unaddressed reputational mis-haps by the company – who have been criticised for holding important data about vaccine misinformation and research over the damaging effects of social media from policy makers – have deemed Meta 'uncool'.
As an investor, you cannot assume that, because you are on the 'other side' and not in a management role at a company, you are safe from reputational risks. Your words and actions have as much influence on the credibility of the company as anyone else.
The Dutch chocolate-maker's intentions were impactful but poorly executed. Luckily for them, their quick and substantiated apology shows them to be a reputable company that the public will not abandon.
The case of the Ortega family exhibits why you should regularly communicate with shareholders – take time to allow them to familiarise themselves with your next-generation leaders.
The CBI's warning to government that neglect of regions outside of London has caused a "branch line" economy may lead to questions about where responsibility lies in levelling up. The private sector has the opportunity to make a lasting impact on the north, but must go about it remaining conscious of the current anti-wealth sentiment.
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