Friday February 10, 2012
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CSR programs are increasingly valued by consumers, and therefore may help drive companies’ profits.

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The MF Global collapse will have grand impacts on both public policy and investor perceptions.

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In this era of forced transparency, it behooves companies to control the narrative. Here’s how.

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Both companies and the U.S. economy would benefit from a decreased tax liability on repatriating cash from overseas.

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Boards from all industries can learn from Toyota’s online response to its recent widespread recalls the value of being prepared for the posibility of a crisis.

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Shareholders are increasingly using social media to gain support for their causes.

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Companies must choose their battles carefully to avoid a potentially serious crisis.

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Consensus and influence are more powerful than authority.

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Companies who ignore or fight new government regulations are less likely to fare successfully after their inevitable implementation.

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Companies must be mindful in their interactions with politicians and regulators of their need to satisfy voters.

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Companies must encourage candor and open information exchanges to succeed, especially in times of crisis.

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Banks that promote initiatives to assist their customers in achieving financial success will, in turn, be more successful.

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Executives must overcome the fear of failure in order to succeed, much like Navy pilot Charles W. “Willy” Moore did on his missions.

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Southwest Airlines’ blog “Nuts about Southwest” provides executives, employees and consumers an outlet for communication as well as a barometer of the company’s customer satisfaction.

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Executives must be mindful of the effects their language choices can have on fostering their staff’s ideas.

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The actions of accounting firm Arthur Andersen in the early hours of the Enron scandal highlight the need for advance crisis-response planning.

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Trusting employees to be responsible, rather than imposing multiple stringent rules, creates a more loyal and creative workforce.

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Strategic concessions made at the beginning of a crisis, before they are publicly demanded, can give executives the upper hand.

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Successful leaders should not only delegate tasks to their staff, but also gain an understanding of their employees as individuals to better utilize their strengths.

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To successfully defend against a WikiLeaks-style scandal, companies must keep offensive and defensive strategies in mind.

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