How do we manage reputation?
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zaccaria
Apprentice
Joined: 11 Feb 2007
Posts: 5
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 Posted: 08/04/08 - 09:51 Post subject: |
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| I have recently been looking to start with investments. I have accumulated fair amount of assets and I have looking into the most efficient way to invest. I would like to know one thing. How do we manage reputation? Thanks in advance. Any info will do. It will really mean a lot to me. |
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matty
Apprentice
Joined: 30 Apr 2006
Posts: 5
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| Posted: 09/03/08 - 00:19 Post subject: |
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| A part of your doing business with any party, especially with bigger deals, is that you need to check reputation of that party (company, major shareholders, etc). You have to be very careful because through reputation management you effectively learn about people you have business dealings with in terms of their financial status, trustworthiness, business history, and other relevant factors. The costs of your managing it are not at all high compared to the value of the information you learn. Now, you can do experiential reputation management, for example, and it is tied to a developed stage of the researched company. Best of luck. |
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