Online Reputation Management Blog

Apple Scores Highest on Corporate Reputation Survey

With a stock price over $500 and a market capitalization that CNN Money recently reported is worth more than the countries Greece, Austria, Argentina, and South Africa, the Cupertino, California technology juggernaut is now officially the Apple of most everyone’s eye — except for maybe Google. Apple achieved the highest score ever in the 2012 Harris Interactive annual Reputation Quotient (RQ) survey of more than 17,000 American consumers, pushing Google off the top spot in this year’s survey (Google is now #2).

Respondents are first asked to identify the 60 most visible companies and then surveyed to rate these companies based on their reputation on 20 different attributes that comprise the RQ. The attributes are then grouped into six different reputation dimensions: Emotional Appeal, Products & Services, Social Responsibility, Vision & Leadership, Workplace Environment, and Financial Performance. An executive summary of the study is available here.

Coca-Cola, Amazon.com and Kraft round out the top five.  Reputation management efforts at Toyota, General Motors and BP are paying off — each saw significant increases in their corporate reputation this year.  Wall Street, however, is going in the other direction. Financial services firms like Bank of America are facing a crisis of public perception on issues like trust, ethics and customer service.

Your Company’s Online Reputation Impacts Employee Recruiting

With unemployment hovering around 9% and underemployment still a painful reminder of the recession, you might think people searching for a job might be happy to receive a job offer from just about anyone. Think again. Candidates are closely scrutinizing the online reputation of potential employers and changing their minds based on what they read online. In a Q3 2011 Corporate Executive Board survey of 4,000 people who were looking for jobs in the previous 12 months, 66% responded that they lost interest in a potential employer because of something they learned online. Applicants are frequenting company review sites and checking with people in and outside their social network to get a better sense of what it’s like to work at a particular company.

Businesses that are not carefully managing their online reputation, risk losing highly qualified candidates to their competitors. Companies that have negative reviews online, but otherwise enjoy loyalty and support from their staff can encourage their current employees to leave reviews that more accurately reflect reality and offer prospective employees a wider variety of opinions upon which to base a decision, rather than relying on what could be a small number of disgruntled former employees.

Some of the most successful companies encourage the use of LinkedIn not only for current employees, but also to cultivate connections with alumni. Social media engagement can pay dividends down the road in many ways and safeguard corporate reputation from attack by providing multiple channels to respond to an online reputation crisis. With LinkedIn, you can have your rapid response team on standby.

As part of the exit interview process and when seeking a new job, people frequently look to their former employer as a reference. Similarly, companies should consider the reverse: identify former employees who could be a reference or reputation defender should the need arise. Unlike current employees who may have a perceived bias towards their current employer, former employees may have more credibility to the media or jobseekers looking for an insider’s view. This is just one of the many online reputation management strategies companies are using to attract the best and most qualified candidates for open positions.

Reputation Management Strategies That Work

After the self-inflicted public relations disaster and tabloid frenzy that eviscerated Anthony Weiner’s once promising political career earlier this summer, it's appropriate to reflect on a few online reputation management lessons from this PR nightmare and some steps that can be taken to avoid another media meltdown.

 

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