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Güven Kurumları ve İtibar Yönetimi Oturumu
Doç. Dr. Turhan ERKMEN, Arş. Gör. Dr. Emel ESEN
Assoc. Prof. Dr. Turhan Erkmen
                      PhD. Emel Esen
          Yıldız Technical University
Business Administration Department
Corporate Reputation
 New changes and challenges in the market call upon
 organizations to focus on their reputation in order to
 create better product and services; enhance their
 credibility and image (Srivoravilai, 2011, p. 243).

 In the past two decades, there has been considerable
 interest and research on corporate reputation and it
 has become a business issue since the 20th century
Corporate Reputation
 Reputation is so one of the intangible assets that is
  extremely hard to imitate, turning it into a valuable
  source of competitive advantage (Alsop, 2004, p. 1).

 Corporate reputation is described in the academic
  literature as organizational standing, goodwill, esteem,
  organizational identity, organizational image, brand
  and prestige (Shenkar and Yuchtman Yaar, 1997;
  Wartick, 2002).
Corporate Reputation
 Balmer’s (1998) review of the evolution of the theory of
 corporate reputation identified three stages of
 development. The first phase (in the 1950s) focused on
 corporate image, giving way in the 1970s and 1980s to
 an emphasis on corporate identity and corporate
 communications, and then in the 1990s to a mounting
 interest in corporate brand management and thence
 reputation (Bennett and Kottasz, 2000, 225).
Corporate Reputation
 Corporate reputation is an emotional capital that
 reflects the various stakeholders’ perceptions about
 organization’s past and future actions and
 inimitable, intangible assets (Kotha, Radgopal and
 Rindova, 2001; Fombrun and Van Riel, 2004;
 Gable, 2008; Walsh and diğ., 2009; Firestein, 2006;
 Worcester, 2009; Schürmann, 2006).
Personal Reputation
 Personal reputation represents an individual’s
  collection of perceptions about others and results from
  the combination of salient personal characteristics,
  behaviors, and images that are observed directly over
  time (Foste and Botero, 2011, 3).
 At work, reputations most likely focus on issues
  related to individuals’ capacity to perform their jobs
  effectively, and to be cooperative and helpful towards
  others (Zinko et.al, 2011, 1).
Antecedents of Reputation
 Time: Reputations take time to develop, in that
  observers need to perceive consistency of behavioural
  demonstration across occasions (Zinko et al., 2011, 4).
 Human Capital: Human capital is the knowledge,
  skills and experience of individuals and also their
  willingness to share these attributes with the
  organization to create value (Baron, 2011, 30).
Antecedents of Reputation
 Experience: Most intentional, positive reputations are
  based on being known for excelling in a specific task.
 Social control and competency: In order for
  individuals to influence their personal reputations,
  they must be able to communicate effectively to those
  around them in a manner consistent with the
  reputations they wish to develop, and to do so in
  influential ways (Zinko et al., 2011, 5).
Antecedents of Reputation
 Self-efficacy: Self-efficacy is defined as people’s belief in their
  capabilities to mobilize motivation, cognitive resources and
  courses of action needed to exercise control over events in their
  lives (Tams, 2008, 165).

 Political behavior, political skill: Politically skilled individuals
  possess greater adaptive capacity, which results in positive and
  strong leader reputation (Blass and Ferris, 2007, 6).

 Social capital: Social capital is the features of social
  organizations such as trust, norms and networks that can
  improve the efficiency of society by facilitating co-ordinated
  actions (Ferri, Deakins and Whittam, 2009, 144).
Consequences of Reputation
 Autonomy: Autonomy is defined as the amount of
  freedom and discretion an individual has in carrying
  out assigned tasks (Langfred, 2004, 385).
 Power: As individuals gain personal reputations, they
  gain power, which may derive from not only formal but
  also informal authority.
 Promotions and Career Success: Reputations can
  have considerable influence early on, due to lack of
  information that is available regarding the individual.
Consequences of Reputation
 Accountability: Accountability involves an
  expectation or assumption that an individual will
  behave in a certain manner (Hall et al., 2004, 525).

 Trust: Trust as “one party’s level of confidence in and
  willingness to open oneself to the other party”.
Time
                                           Autonomy
      Human
      capital


Experience                    Personal        Power
                             Reputation
                                                    Career
Competency                                          success

       Self-
     efficacy   Political                         Accountability
                behavior
                                          Trust
                       Social
                       capital
Leader Reputation
 The leader is a significant symbol of any organization
 and the leader’s actions and words can be more
 important symbolically than operationally (Davies and
 Mian, 2010, 331-332).

 The actions of the CEO and the Board of Directors
 provide a role model and, thus, help foster and
 entrench the ethical belief system for all the
 employees (Stanwick and Stanwick, 2003, 1050).
Leader Reputation
 The importance of reputation in the business arena is
 widely documented in the literature. In the
 practitioner arena, recent studies by Gaines-Ross
 (2000) and a leading consulting firm, Burson-
 Marstellar (2003), show that CEO reputation accounts
 for up to 50% of corporate reputation
Leader Reputation
 A Burson-Marsteller study revealing that CEO image
  continues to be a significant determinant of share-
  holder value.
 Burson-Marsteller surveyed approximately 1,400
  influential business people from five key stakeholder
  categories, including CEOs, other senior executives,
  financial analysts, government officials, and
  journalists. Findings the survey revealed include:
  (Gaines-Ross, 2000, 366-367).
Leader Reputation
 CEO reputation can represent a staggering 45 per cent
 of a company's reputation.

 Companies whose CEOs were rated `most admired' by
 respondents achieved a 13 per cent annual shareholder
 return, while companies whose CEOs were rated less
 favorably delivered a negative 28 percent annual
 shareholder return.
Leader Reputation
 81 percent of respondents said the CEO's reputation
 would influence their opinion of a company under
 media scrutiny.

 80 per cent of respondents said the CEO's reputation
 would influence whether or not they would
 recommend a company as a good place to work.
Thank you for your
  participation..

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Uluslararası İtibar Yönetimi Konferansı 2012- Kurumsal İtibarın Belirlenmesinde Liderin Rolü- Doç. Dr. Turhan Erkmen, Arş. Gör. Dr. Emel Esen

  • 1. Güven Kurumları ve İtibar Yönetimi Oturumu Doç. Dr. Turhan ERKMEN, Arş. Gör. Dr. Emel ESEN
  • 2. Assoc. Prof. Dr. Turhan Erkmen PhD. Emel Esen Yıldız Technical University Business Administration Department
  • 3. Corporate Reputation  New changes and challenges in the market call upon organizations to focus on their reputation in order to create better product and services; enhance their credibility and image (Srivoravilai, 2011, p. 243).  In the past two decades, there has been considerable interest and research on corporate reputation and it has become a business issue since the 20th century
  • 4. Corporate Reputation  Reputation is so one of the intangible assets that is extremely hard to imitate, turning it into a valuable source of competitive advantage (Alsop, 2004, p. 1).  Corporate reputation is described in the academic literature as organizational standing, goodwill, esteem, organizational identity, organizational image, brand and prestige (Shenkar and Yuchtman Yaar, 1997; Wartick, 2002).
  • 5. Corporate Reputation  Balmer’s (1998) review of the evolution of the theory of corporate reputation identified three stages of development. The first phase (in the 1950s) focused on corporate image, giving way in the 1970s and 1980s to an emphasis on corporate identity and corporate communications, and then in the 1990s to a mounting interest in corporate brand management and thence reputation (Bennett and Kottasz, 2000, 225).
  • 6. Corporate Reputation  Corporate reputation is an emotional capital that reflects the various stakeholders’ perceptions about organization’s past and future actions and inimitable, intangible assets (Kotha, Radgopal and Rindova, 2001; Fombrun and Van Riel, 2004; Gable, 2008; Walsh and diğ., 2009; Firestein, 2006; Worcester, 2009; Schürmann, 2006).
  • 7. Personal Reputation  Personal reputation represents an individual’s collection of perceptions about others and results from the combination of salient personal characteristics, behaviors, and images that are observed directly over time (Foste and Botero, 2011, 3).  At work, reputations most likely focus on issues related to individuals’ capacity to perform their jobs effectively, and to be cooperative and helpful towards others (Zinko et.al, 2011, 1).
  • 8. Antecedents of Reputation  Time: Reputations take time to develop, in that observers need to perceive consistency of behavioural demonstration across occasions (Zinko et al., 2011, 4).  Human Capital: Human capital is the knowledge, skills and experience of individuals and also their willingness to share these attributes with the organization to create value (Baron, 2011, 30).
  • 9. Antecedents of Reputation  Experience: Most intentional, positive reputations are based on being known for excelling in a specific task.  Social control and competency: In order for individuals to influence their personal reputations, they must be able to communicate effectively to those around them in a manner consistent with the reputations they wish to develop, and to do so in influential ways (Zinko et al., 2011, 5).
  • 10. Antecedents of Reputation  Self-efficacy: Self-efficacy is defined as people’s belief in their capabilities to mobilize motivation, cognitive resources and courses of action needed to exercise control over events in their lives (Tams, 2008, 165).  Political behavior, political skill: Politically skilled individuals possess greater adaptive capacity, which results in positive and strong leader reputation (Blass and Ferris, 2007, 6).  Social capital: Social capital is the features of social organizations such as trust, norms and networks that can improve the efficiency of society by facilitating co-ordinated actions (Ferri, Deakins and Whittam, 2009, 144).
  • 11. Consequences of Reputation  Autonomy: Autonomy is defined as the amount of freedom and discretion an individual has in carrying out assigned tasks (Langfred, 2004, 385).  Power: As individuals gain personal reputations, they gain power, which may derive from not only formal but also informal authority.  Promotions and Career Success: Reputations can have considerable influence early on, due to lack of information that is available regarding the individual.
  • 12. Consequences of Reputation  Accountability: Accountability involves an expectation or assumption that an individual will behave in a certain manner (Hall et al., 2004, 525).  Trust: Trust as “one party’s level of confidence in and willingness to open oneself to the other party”.
  • 13. Time Autonomy Human capital Experience Personal Power Reputation Career Competency success Self- efficacy Political Accountability behavior Trust Social capital
  • 14. Leader Reputation  The leader is a significant symbol of any organization and the leader’s actions and words can be more important symbolically than operationally (Davies and Mian, 2010, 331-332).  The actions of the CEO and the Board of Directors provide a role model and, thus, help foster and entrench the ethical belief system for all the employees (Stanwick and Stanwick, 2003, 1050).
  • 15. Leader Reputation  The importance of reputation in the business arena is widely documented in the literature. In the practitioner arena, recent studies by Gaines-Ross (2000) and a leading consulting firm, Burson- Marstellar (2003), show that CEO reputation accounts for up to 50% of corporate reputation
  • 16. Leader Reputation  A Burson-Marsteller study revealing that CEO image continues to be a significant determinant of share- holder value.  Burson-Marsteller surveyed approximately 1,400 influential business people from five key stakeholder categories, including CEOs, other senior executives, financial analysts, government officials, and journalists. Findings the survey revealed include: (Gaines-Ross, 2000, 366-367).
  • 17. Leader Reputation  CEO reputation can represent a staggering 45 per cent of a company's reputation.  Companies whose CEOs were rated `most admired' by respondents achieved a 13 per cent annual shareholder return, while companies whose CEOs were rated less favorably delivered a negative 28 percent annual shareholder return.
  • 18. Leader Reputation  81 percent of respondents said the CEO's reputation would influence their opinion of a company under media scrutiny.  80 per cent of respondents said the CEO's reputation would influence whether or not they would recommend a company as a good place to work.
  • 19. Thank you for your participation..