3 Steps to Increase Reputation Influence During Times of Uncertainty

September 20, 2017

In the HBO Game of Thrones series a manipulative character named Petyr Baelish, better known as Littlefinger, said, “Chaos isn’t a pit.  Chaos is a ladder.”  Our current world, nation, states, and communities have their share of uncertainty, some may call chaos.  But how we approach and frame up this uncertainty can actually increase our reputation influence. Now, Littlefinger looked at life and chaos through the lens of how can I climb this ladder for my benefit, even at the expense of others?  For this he ultimately met his fate on his knees with a knife at his throat. What can we learn from Littlefinger’s mindset and approach to uncertainty?  It’s simple – in times of uncertainty take your focus off of you.  There are ways for you to benefit from this that not only helps your reputation, but more importantly helps others.   That is the frame through which we should look –how can I help others during this time of uncertainty? Below are three steps that you can personalize and strategically use to benefit your family, friends, business, community, team, colleagues, customers and, yes, your reputation.  I want to stress – let’s learn from Littlefinger – this should not be done with a manipulative mindset.  People will see through that and you will end up doing more harm than good to your reputation (as well as your business and those around you!). Three Steps for building reputation influence during times of uncertainty: Understand the Impact of the Situation -Uncertainty happens on Main Street as well as Wall Street, so your focus may not be on a national or global scale.  Some of the most positive personal demonstrations of support and kindness have started at the grassroots level.  Being in touch with local or regional issues and understanding the impact is the most critical step in this process.  Start by answering some simple questions to gauge the scope, impact and your personal connection to the uncertainty. What could the impact of (insert uncertainty) be to my business industry? To my city? In my community? Within my neighborhood? Why does this matter to me? My customers? My community? My friends? Become a Conduit of Information – The old adage that ‘knowledge is power’ is quite valid in times of uncertainty.  This is the first step in providing value to those around you.  Resources and conduits of information in times of uncertainty are highly regarded.  This could be as simple as writing an email to a core group of people or posting hyperlinks with key and reputable sources on your social media channels where people can get informed.  Yes, you will need to ensure these are credible sources.  Simply put, you send out credible information, it increases your credibility.  Conversely, if you send people resources that are sketchy – well, you get the point and how it reflects upon you!  Do your homework! Share Channels of Action – Now that you’ve identified the areas of potential impact and you found sourced information, can you provide avenues for people to engage and act?  This could be as simple as coordinating a conference call to discuss an uncertainty […]

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Are You Involved or Are You Committed?

September 7, 2017

I was eating a bacon and egg breakfast the other morning and was reminded of a conversation I had with NASCAR Hall of Famer Junior Johnson several years ago around the question of involvement versus commitment. At the time, I was running the PR campaign for NASCAR’s 50th Anniversary where I had the great fortune and opportunity to meet and work with some of the legends of the sport, including Junior.  During one encounter with the former moonshiner, whose life story was put on the big screen in the 1973 movie The Last American Hero, we were talking about what it took to be successful in this sport. He smiled and said in his low voice and Southern drawl, “Well, let me ask you a question. Are you involved or are you committed?” I wasn’t sure where he was going with this, so I naively asked him, “involved or committed in what way?” Junior went on to explain his point.  “You see, success comes down to being committed not involved,” he said.  “It’s like a bacon and egg breakfast – it took two animals to make that meal and one was committed and one was involved. “Now, that hog gave you everything it had – everything – while that chicken gave you something it could make plenty more of. It wasn’t that big of a deal.” I never looked at a bacon and egg breakfast the same after that chat. So, I’ll ask you the same question as you look at your business growth or perhaps how you are leading your team or organization – are you involved or are you committed? Better yet, do you know if your team is just involved or are they fully committed?  Are they committed to your company’s goals, culture and priorities? That is a vital question to consider when a study by Gallup found that more than 70% of employees feel disengaged at the office.  What’s worse is that an Allegis Group Services study found that more than 84% percent of employees would leave their current place of employment for a company with a better reputation (Aug. 2012).  Can it get worse? Yup! A study by Glassdoor Data Labs found that less than 50% of employees would even recommend their employer to a friend (Dec. 2015)! Your team will become a reflection of you.  So, when it comes to leadership and the type of team and business you are building, do you want an office full of chickens? Nope … bring on the hogs!

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Quit Climbing Trees if You Were Made to Swim!

July 7, 2017

Quit Climbing Trees if You Were Made to Swim! I’ve been thinking a lot about the word authenticity lately.  Authenticity, in my opinion, is powerful because it calls out our uniqueness, our individuality in our thoughts, reflections and, subsequently, our actions and interactions. There’s amazing power and liberation in simply being you.  Yet why is it so hard to identify it and own it? I had so many different questions running through my head such as, what does living authentically really mean?  Is living authentically a reflection of how we see ourselves internally?  Does authenticity show itself in only certain areas of our lives?  Maybe it’s the culmination of taking multiple aptitude and personality assessment tests to understanding where our strengths lie? Better yet, maybe it’s knowing what we aren’t so good at doing? Perhaps it’s all of those things and this is a rabbit hole best left alone and I should just continue to ‘stay the course’ of what is comfortable? Sometimes the status quo can be a safe (and predictable) place. Then, one day I was scrolling through my Instagram feed and came across the picture in this post that really helped put a visual to what I was seeing around me these days and also took me back to a comment from a mentor of mine that I didn’t pay much attention to at the time. I see authenticity being a two-way street.  This cartoon points out the way the first way that some companies go about selecting key talent via ‘standardized’ process.  Which I do believe, in some ways, is fair.  For example, if a company is looking for an accountant, then there are specific skills, training and experience that are required for that role in order for the individual (and the company) to succeed. This leads me to the second way down this two-way street and that is the individual.  If you don’t have any accounting experience, then don’t put yourself in that position.  Don’t try and climb a tree if you were meant to swim!  Yeah, I know – that’s not rocket science!  But how many times do we or people we know do this? Have you ever heard the phrase, “it just isn’t a good fit”?  I used to think of that phrase as being a trite and polite way of saying that a person wasn’t doing a good job and they had to leave. I now see that ‘f’ word as being a more vital link to happiness than pacifying rhetoric. Truth be told, I used that ‘not a good fit’ message years ago when I was a manager at a public relations agency.  There was a person who was on my team that was talented, but just not strong in the area of creative work, where his role currently had him placed.  His strengths were more in line with account management.  While his performance was low in this particular area, this young man embodied the values of our agency, treated his teammates very well and was passionate about the work he delivered to our clients, so I didn’t think letting him go […]

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10 Eye-Opening Reputation Statistics For Every Leader and Entrepreneur

September 19, 2016

10 Eye-Opening Reputation Statistics for Every Leader and Entrepreneur Winning in the Reputation Economy requires leaders, entrepreneurs and any individual looking for success to be vigilant in growing, protecting and leveraging one of their greatest assets – their reputations! Every day we see, hear or read about people who are not paying attention to how their actions and decisions are negatively impacting their business, careers and organizations. A critical key is understanding the ways in which our reputations are tied to every aspect of our lives – and the positive, as well as negative, impact it will have over our ability to succeed. Shakespeare even knew the power of reputations – “Defend your reputation, or say farewell to your good life forever.”   My intent in sharing these 10 eye-opening reputation statistics for every leader and entrepreneur is to deliver a catalyst for how you can proactively develop, protect and evolve your reputation to help you achieve your goals. Here they are: 10 eye-opening reputation statistics for every leader and entrepreneur 60% of a company’s market value is tied to its reputation 84% of employees would consider leaving their current job if offered a job by a company with an excellent reputation 69% of job seekers would not take a job with a company that has a bad reputation – even if unemployed 70% of U.S. recruiters and hiring managers have rejected candidates based on information found online 50% of a company’s reputation is tied to the CEO’s reputation 78% of consumers trust peer recommendations; 14% trust advertising 84% of marketers believe that building trust will be the primary focus for marketing efforts in the future (do you trust people with bad reputations?) 58% of executives believe that reputation management should be addressed, but only 15% actually do anything about it 4 out of 5 consumers changed their minds about a recommended purchase solely on negative information they found online 33% decrease in shareholder value of an organization within one year of a crisis situation becoming public Because I am a big believer in over-delivering, here are two additional statistics that need to be on your radar and developed every day! 100% of your referrals are based on reputation 100% of your employees are your reputation ambassadors As a leader, entrepreneur or anyone looking to succeed, here are 6 key takeaways as you digest the data above! 1. Cultivating your customer relationships will not only drive greater life-time value (which according to studies is 10x the value of their initial purchase), but will also increase your referral pipeline 2. It’s not just your behavior (good or bad), but your employees behavior that becomes the reputation of your organization 3. Trust is one of the core components of a strong reputation and is a business accelerator in the Reputation Economy 4. Your reputation (and that of your company) is a market differentiator in attracting and retaining top talent 5. What you post on Social Media channels will be reviewed and can just as easily shut a door to opportunity as it can open one 6. You must know the online conversation/comments […]

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Lenny Kravitz ‘Throwin’ Some Ass’ Into Reputation Management

August 25, 2016

Lenny Kravitz Throwin’ Some Ass into Reputation Management:: Several years back, Lenny Kravitz was named the celebrity Grand Marshal for the NASCAR Sprint Cup All-Star Challenge at Charlotte Motor Speedway. The All-Star event is a no-holds-barred, winner-take-all race among drivers – this race is about the money and bragging rights! I was running Sprint’s marketing communications team for its NASCAR series sponsorship and on at this particular event, I was ‘on point’ to be with Lenny for various media interviews. His main role at the race was to give the most famous command in motorsports, “Gentlemen, start your engines!” Well, in today’s races, it is “Drivers, start your engines!” We spent most of the day together between meeting drivers, media interviews and filming promotional videos for NASCAR. We stood on the infield grass near the Start/Finish line waiting for his ‘moment’ and joked around as the drivers were being introduced – he has a hilarious sense of humor! Lenny took in the amazing fly-over and watched the fans go crazy at the sight and sound of the F-15s as their afterburners lit up the summer evening sky. A few minutes later, Lenny leans over to me and says, “hey Mike, let me ask you something. You’ve been around this for a while. How do you think I should do this? What do you think they’d like?” It took me a second to realize what he was asking and then realize that this was a Grammy Award-winning artist/performer asking me my opinion about how to say, “Gentlemen, start your engines!” It was all very bizarre at the time and I didn’t give it much thought, or perhaps I would have answered differently. But in that moment, standing face to face with Lenny Kravitz, this was the professional advice I gave him. “Lenny, you saw how crazy the fans got with the fly-over, right?” He nodded his head, saying, “yeah.” “OK, then, you’ve got to throw some ass into it and just give it to them.” My parents would have been proud. A decade and a half spent in motorsports PR and my advice to Lenny is to ‘throw some ass into it’. Brilliant. But, it worked. He laughed, put his arm on my shoulder and said, “I got that.” Reputation Lesson: There will be times in your life when people are honestly looking for your advice. They are seeking this from you, more than likely, because they value what you will tell them based on your professional position or your personal experiences. Regardless of why you are being asked, it’s imperative that you understand your impact (positive or negative) on the person that is seeking your counsel as well as the impact (positive or negative) it will have on your reputation. 4 Tips To Give Solid Advice And Build Your Reputation: 1. Slow down and be in the moment :: this is tough in our society these days, but it’s a clear sign of respect to the other person. Make sure they know you are in the moment and that you are genuinely interested in helping them. An easy way to do […]

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Lochte Loses Even After Winning Gold

August 25, 2016

Ryan Lochte may have won gold in Rio, but he lost more when he came home to the United States. By now, we’ve seen the headlines and interviews about Lochte’s lie of being robbed with a gun held to his and fellow Olympians heads. It’s truly unfortunate, but it’s a scene that we see all too often when someone gets themselves into a situation, decides that an embellishment of the truth (or straight-up lie) will cover for their actions – all will be well! Well, not always … There’s a an old saying that goes like this, “what we do in the dark will always come to light.” As Lochte’s story unraveled, so did all four of his personal endorsement deals, which surely struck a blow that the 32-year-old swimmer hadn’t considered that late night in Brazil. It didn’t take long for Speedo, Ralph Lauren, Airweave and Gentle Hair Removal to get out of the Lochte partnership pool and dry off. Many reported the personal income loss to range from $750,000-$1,000,000. What may be worse than losing all of his personal endorsements is the damage done to his reputation. You see, Lochte still has years of earning potential as a competitive swimmer and gold medal Olympian. Now however, few brands will want to associate themselves with the type of person who will lie on a global platform while representing a nation. Are we all perfect? No and no one expects us to be – we are human. In my opinion, the disconnect occurred when Lochte parted ways with his values. Values matter, plain and simple. Values ground us and guide us through our most difficult trials in life. Clearly values such as honesty and integrity mattered to Speedo as the company statement directly called out: While we have enjoyed a winning relationship with Ryan for over a decade and he has been an important member of the Speedo team, we cannot condone behavior that is counter to the values this brand has long stood for,” Speedo, the swimwear company, said in a statement. “We appreciate his many achievements and hope he moves forward and learns from this experience. Will Lochte learn from this experience? Only time and his actions will tell. Read the full story on the New York Post.

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