H+K’s new report - The Reputation Index – draws on unique research undertaken in collaboration with YouGov, the global opinion research firm. In addition to examining the importance that senior executives place on their corporate reputation, it also looks at the ways they assess their reputation, the factors they feel drive corporate reputation, who in a company has the most influence on reputation and the value of a strong reputation when facing a crisis.
Nearly four out of five senior executives across the UAE, Saudi Arabia and Qatar, consider their company’s corporate reputation as “extremely important” and this figure rises to 95% when those who ranked it as “important” were also included, according to a new report from global communications consultancy Hill+Knowlton Strategies (H+K). Eighty two percent of those interviewed also said that their company’s reputation was linked to their bottom line and overall business success.
Key report findings:
- In order to assess corporate reputation, senior decision makers stated customer feedback mechanisms and customer face-to-face meetings as most useful
- 84% of senior executives “agreed” with the statement that a strong reputation can help a company recover quickly in a crisis
- When asked which factor – other than financial performance – steered reputation, one factor stood out clearly in all three markets: quality of management
- Findings were generally consistent across the three Gulf markets – with just one small exception. In Qatar, workplace culture and media commentary were seen as significant in driving reputation (alongside quality of management and leadership) while in the UAE and Saudi Arabia these two factors were seen as having less influence
The research involved 422 C-Suite senior executives across The Gulf – over half were UAE based, 42% were in Saudi Arabia and 6% were in Qatar.