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Also, corporations can rename and rebrand, thereby mitigating reputational harm.
The best organisations integrate reputation management into their operations, and they will have checklists for gauging and mitigating reputational risk.
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Furthermore, the winner of a litigation is not entitled to recovery of fees and cannot recover the damages resulting from the negative effects of the publicity, often forcing a reasonable defendant to settle the claim in order to save money, mitigate reputational damage, and be able to focus on their business.
No mitigating epithets allowed.
Incentives are critical to mitigating system risk.
Mitigating these conflicts is important for conservation.
They have seen it as a means to avoid NGO and reputational flak, and to mitigate the rougher edges and consequences of capitalism.This defensiveness starts the argument on the wrong foot, certainly as far as business leaders should be concerned.
Reputational damage can be mitigated by a strong supply chain that has buy-in at all levels – and, while auditing and contract management may seem costly and intrusive, it will provide your organisation with much needed cover from a hugely expensive and damaging scandal.
Although most institutions have harassment policies and procedures in place (of differing degrees of clarity and efficacy) the risk of reputational suicide is incredibly hard to mitigate, and accounts for many a tragic departure.
In any case, for as long as the abuse continues and the enterprise remains in the relationship, it should be able to demonstrate its own ongoing efforts to mitigate the impact and be prepared to accept any consequences - reputational, financial or legal - of the continuing connection.
Sky News is probably too established now to be subjected to an editorial overhaul inspired by Fox News; the risk of reputational damage would be too great and Boulton's own high standing may even mitigate against such a radical change of direction.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com