Employees Discuss Your Brand All The Time…And Impact Your Reputation
Harris Interactive came out recently with its annual Reputation Quotient Survey and there are some interesting developments.
The top spot in 2010 went to Berkshire Hathaway but not so this year after the Sokol fiasco, which we’ve previously written about here in Return on Reputation. Now Berkshire Hathaway is down to No. 4 – not bad, all things considered, but still a precipitous drop from a previous, largely untarnished image. Who dropped off the top 10 list entirely? Coke and Microsoft…replaced by Disney and Apple. Google moved up two spots to rank No. 1.
What does all this mean for companies who care about their reputation? That it’s a fickle thing and as Warren Buffett famously said, takes an instant to evaporate. Not only that, but everyone has a say these days in what kind of company you are. Google came in first for its financial performance and workplace environment…proof positive that all stakeholders weigh in when it comes to reputation.
Investors and employees clearly gave Google a boost on the ladder in today’s 24/7 interconnected world, and that matters. Every company spends a lot of time thinking about how they communicate with Wall Street – conference calls, press releases, one-on-ones with big institutional investors. But probably not as much time focusing on the way they talk to employees and how they empower their employees to talk about the company, too. Smart companies have “ambassador” employees blogging and participating on Facebook, Twitter, etc., after implementing forward-looking social media policies that lay out the ground rules. Google it and you’ll see.

