Edelman’s annual worldwide “trust index” shows business holding steady and more trusted than government or media, but still only at at only 61 percent. In May 2020, government was most trusted at 65 percent, with business at 62 percent. The survey showed government and media seen as more divisive than business (which has more reason…
Tag: reputation
The Trust Crisis
Sandra J. Sucher and Shalene Gupta write about trust as an essential element of a company’s brand and risk management strategy, with Boeing, Volkswagen, and Facebook as examples of corporations that are failing to maintain the trust of customers, regulators, and investors. Trust, as defined by organizational scholars, is our willingness to be vulnerable to…