4 Tips To Include In A Plan For Reputational Risk

July 14, 2022
Let’s say, for example, that your association supported a position on legislation or policy that best fit your members but was not be the best option for another industry – for this example we’ll use energy conservation. Members and supporters of energy conservation industry are upset about this legislation or policy and immediately link your association to the efforts. Immediately, misinformation is communicated out via multiple channels including social media, blogs, and even face-to-face conversations. This misinformation can only take minutes to be distributed and to put a hinderance on your industry and association. So, what do you do?
Associations and nonprofit leaders need to demonstrate a compelling value proposition for member acquisition and retention, being agile is a must when your industry is being criticized. Responding to any information given by individuals outside your industry may attempt to bridge the gap between how your association perceives itself and how others view it.
Damaging information can spread just as fast as a positive information, so don’t cut any corners. Inf act, research has shown that when individuals have a poor experience or opinion:
It will be painful to endure the negative comment(s), but you need to play the long game because the way you respond may ultimately enhance your reputation and increase industry loyalty. To do so, create a risk management plan including a section on response to feedback. When creating that section, consider these 4 tips to help with reputational risk:
There’s too much at stake for associations to take a passive approach toward reputation management. Associations must establish themselves as trustworthy, legitimate, and worth supporting. One response can sway an opinion, so these 4 tips can help your team plan for the unknown and repair any hinderances to the reputation of your members and your industry served.
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