Core strategies for creating a corporate reputation that will provide
a competitive advantage in the marketplace: a back-to-basics approach.
What does a company have to do to be admired and respected? Why does
Apple have a better reputation than, say, Samsung? In Winning the
Reputation Game, Grahame Dowling explains. Companies' reputations do
not derive from consultant-recommended campaigns to showcase efforts
at corporate transparency, environmental sustainability, or social
responsibility. Companies are admired and respected because they are
“simply better” than their competitors. Companies that focus on
providing outstanding goods and services are rewarded with a strong
reputation that helps them gain competitive advantage. Dowling, who
has studied corporate reputation–building for thirty years,
describes two core strategies for creating a corporate reputation that
will provide a competitive advantage: to be known for being Best at
Something or for being Best for Somebody. Apple, for example, is best
at personal technology products that enhance people's lifestyles. IKEA
is best for people who want well-designed furniture at affordable
prices. Dowling covers such topics as the commercial value of a strong
reputations—including good employees, repeat customers, and strong
share price; how corporate reputations are formed; the power of
“being simply better”; the effectiveness of corporate storytelling
(for good or ill; Kenneth Lay of Enron was a master storyteller); and
keeping out of trouble. Drawing on many real-world examples, Dowling
shows how companies that are perceived to be better than their
competitors build strong reputations that reflect past success and
promise more of the same. Companies that artificially engineer a
reputation with irrelevant activities but have stopped providing the
best products and services available often wind up with mediocre—or
worse—reputations.
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Creating Stakeholder Value and Competitive Advantage
Produktdetaljer
ISBN
9780262335096
Publisert
2016
Utgiver
Random House Publishing Services
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter