by Katleen Richardson
Reputation management is one of the trickiest aspects to spreading your message, especially in this age of social media where what you say is instantly broadcast to thousands (if not millions) of people.
We live in a world where news (or other gossip passing as news!) can spread within a blink of an eye – take the earthquake on the east coast last year. A tweet from DC reported the quake before it even reached NYC!
The challenge nowadays is to be proactive when making strategy decisions involving social media. This requires that companies and individuals practice due diligence when it comes to predicting how people will react to the things they say and do. Too may people focus their reputation management on damage control when the damage has already happened.
We need to shift our focus to preventing damage, followed by remediation strategies in case it does happen. The best way to put a practice of prevention/remediation into place is with a stakeholder matrix.
Let’s take, for example, the launch of a new product within your company. There are many stakeholder groups that might have an opinion about this, including customers, the press, environmental protection groups, consumer safety groups, and, if applicable, your shareholders. What possible issues could any of these groups have with your product launch? Make a matrix where you map each stakeholder group against the possible risk factors. This can help you see more clearly what the potential ramifications of a decision are.
It’s important to remember that while social media is a powerful tool for marketing, people also use social media to express displeasure and to band together against things they disagree with. In the long run, it is much easier to prevent a crisis than to have to leap in with damage control measures after the fact, and sometimes damage control is a “too little, too late” situation.
That’s not to say, of course, that you should never take a risk of causing a stir. Obviously with any decision you make, there are likely to be at least some people who don’t like it. The point of the stakeholder matrix is not to eradicate conflict entirely – that would pretty much be impossible. The goal, rather, is to measure the potential benefits of a decision against the potential pitfalls, and make informed decisions based on a thorough analysis of possible outcomes.
In addition, you can use a stakeholder matrix to help you decide how you will deal with any social media issues that crop up. What if if you’ve decided to go forward with a decision that you know will make a particular group unhappy? You can be prepared ahead of time to remedy the situation, instead of being taken by surprise, and that puts you in the strongest possible position.
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Katleen Richardson of Marketing AdvantEdge is an experienced leader who builds integrated strategies combining research, data analysis and creative thinking. She has delivered successful solutions for the publishing, financial and telecommunications industries, as well as for conference and training companies, and professional associations. Her approach is to design customer focused, cost-effective solutions based on cross functional collaboration and results-based metrics.
Photo on Flickr by zachklein