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Leela StakeLeela is a director who helps businesses innovate, collaborate and communicate to be more successful. She’s based in San Francisco, has worked in six Asian countries and is interested in the relationship between long-term business success and community prosperity.
Laura PalantoneLaura is a member of our corporate communications team and is based in New York.
James RobinsonJames is a director who brings ten years of experience working on CR strategy and communications in New York, Beijing, and Jakarta. He looks at how CR is employed as part of broader business strategy and has a particular interest in the evolving role of technology and innovation in managing social and environmental issues.
Julie JackA director in APCO's New York office, Julie works on corporate responsibility with a focus on business strategy and emerging issues and trends. Her currents interests and work focus on sustainable agriculture and supply chain management, the integration of CR and financial communications, and CR in the consumer goods space.
Ellen MignoniEllen is a senior director and helped build APCO’s global corporate responsibility practice. She works primarily with APCO’s corporate clients on business alignment and corporate responsibility, stakeholder engagement and partnership development, and communication and outreach.APCOForum.com
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Universities Need to Protect Their Brands, too
APCO’s issues management guru Vada Manager presented at a session on crisis management and risk mitigation at the IMG Intercollegiate Athletics Forum this week. It was a great dialogue and Vada has outlined his top line advice in the post below. Colleges and universities are communities within communities, and stakeholders (students, alumni, fans, local residents, state officials, etc) expect transparency and integrity from these institutions, as they would from any organization. As you will see from Vada’s comments, the expectations for being a responsible citizen in higher education are the same as a corporation.
As daily stories regarding the aspects of these events have unfolded on our TV screens and social media, several friends and journalists have called to ask how or if any of this could have been possibly prevented. Of course, no one can fully prevent horrendous judgment committed by individuals within an institution if a person is intent on engaging in morally reprehensible or criminal acts. However, more than ever before, boards of directors of corporations and university trustees are asking their senior executives to ensure that their institutions have a fresh crisis plan and that all the requisite stakeholders in the enterprise are equipped to operationalize it when the inevitable mayhem visits their doorstep.
What does such preparation look like for a large, complex multi-stakeholder organization such as a university or corporation?
Here are a few steps to lay the groundwork for a more robust enterprise risk management and crisis plan:
Whether you are a corporation or a university, you need to know how to assess the full context of your respective situation – using both qualitative and quantitative tools – in order to determine the best use of your resources. We have a proprietary system we call the APCO Predictive Risk & Opportunity (PRO) Model that we have successfully applied in many situations.
While working in a senior capacity for the largest consumer athletic brand on the planet, my colleagues knew that the best work I often performed was managing those decisions and incidents internally before our employees, investors and other stakeholders even knew they were an issue. On major decisions such as new athlete signings, new market entry and certain product debuts, we applied an issue management lens that allowed us to better control the desired outcomes and take greater risk, if warranted. If a crisis did occur, we had a plan and knew what team was in charge.
Prominent universities are indeed strong brands that need protecting as the thousands of students (stakeholders) often link the values of their diplomas to the overall reputation of the institutions. Sponsors and faculty all-stars also pay attention to a university’s reputation as the competition is fierce for their expertise.
If companies and universities learn anything from the recent spate of organizational crises or meltdowns, it certainly should be to accelerate your crisis management plan development and the training of your teams. Taking these steps allows you to focus on the bigger picture and recovery – instead of the process. It is no time to try and develop a protocol when you could be fighting for your very existence.
Catogories Business Alignment/Integration, Communications, What's Next for CR and tagged APCO PRO model, athletic director, board of trustees, bowl season, college athletics, compliance, NCAA, sports business, universities
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