The Power of Reputation: Strengthen the Asset That Will Make or Break Your Career [NOOK Book]

Overview

We judge people in business the same way we judge those in our personal lives. We listen to what they say, watch how they behave, and take note of the results of their actions. Success is ultimately built on a foundation of character, communication, and trust. To accomplish our goals, people must believe in us. The Power of Reputation offers businesspeople an action plan for creating the kind of reputation that generates trust, inspires confidence, and paves the way for lasting success. Readers will discover how ...
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The Power of Reputation: Strengthen the Asset That Will Make or Break Your Career

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Overview

We judge people in business the same way we judge those in our personal lives. We listen to what they say, watch how they behave, and take note of the results of their actions. Success is ultimately built on a foundation of character, communication, and trust. To accomplish our goals, people must believe in us. The Power of Reputation offers businesspeople an action plan for creating the kind of reputation that generates trust, inspires confidence, and paves the way for lasting success. Readers will discover how to: Identify and reinforce the values behind their reputation • Earn respect by respecting others • Engage people through constructive, open communication • Build strong connections by personalizing their approach to everything they do. Featuring interviews with distinguished business figures and containing instructive real-world examples, this book reveals how to leverage the remarkable power of a reputation rooted in authenticity.
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Editorial Reviews

Publishers Weekly
Komisarjevsky (coauthor, Peanut Butter and Jelly Management), former CEO of Burson-Marsteller, a global PR firm, explores the importance of reputation and how to build it in this germane guide. Maintaining that reputation is an asset with real exchange value, Komisjarevsky explains that it is comprised of three key attributes, viz. trust, character, and communication. He expands from there, using an extensive stash of techniques to illustrate his message, including anecdotes, exercises, and tests. Additionally, Komisjarevsky details effective practices of his own, as well as advice from a wide variety of successful businesspeople, from top corporate executives to owners of a thriving neighborhood pharmacy. In practical terms, he also discusses how to stand apart and get hired, earn trust, rise above office politics, and recover from a mistake. Komisjarevsky's guidance is equally applicable to individual, brand, or corporate reputation development. This book should be read at any point in one's career—its lessons are valuable and timeless, and the benefits extend beyond the boardroom. (Apr.)
From the Publisher
“Komisarjevsky delivers an engaging, educational book.” – Success magazine
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Product Details

  • ISBN-13: 9780814417980
  • Publisher: AMACOM
  • Publication date: 4/11/2012
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 224
  • File size: 2 MB

Meet the Author

CHRIS KOMISARJEVSKY retired as worldwide chief executive officer of Burson-Marsteller, one of the world’s leading global public relations and public affairs firms, in 2005, after a 35-year career in public relations. He is the coauthor of Peanut Butter and Jelly Management.
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Read an Excerpt

Reality, Perception, and Your Most Powerful Asset

Regard your good name as the richest jewel you can possibly be possessed of. . . .

The way to gain a good reputation is to endeavor to be what you desire to appear.

—Socrates

AS THE SUMMER turned to fall I took my car to the dealership for repairs.

The weather was just starting to turn cold and I just didn’t like the sound when I turned the key and the battery started to crank the engine. “No

time like the present,” I thought. I wouldn’t feel right if my wife, Reina, or one of my kids needed to use the car and it wouldn’t start, especially if they were by themselves.

When I spoke with Louis Ciolino, the lead service consultant I always ask for, I tried politely to let him know how important it was that the battery be tested and, if even just starting to go bad, be replaced. To Louis, this could have been an unimportant request that he didn’t have to take seriously. But a had hardly started to talk, expressing my concern, when Louis looked up from his computer and said, “I haven’t changed my face in 30 years.”

Yes, Louis does have an interesting way of phrasing things. But I knew exactly what he meant. Over the years, he’s never changed his priorities: to remain customer focused and caring. Needless to say, Louis takes pride in what he does. He is a professional and is one of those remarkable guys who knows his customers by first name. He never needs much more than that in order to recommend the best course of action.

This time was no different.

Louis knows what it takes to build a solid reputation for service. He

knows it means working hard, being personally committed, and building relationships. Most of all, he knows that he has to be trusted, not just for one day or one service visit, but for the long run.

This is the reality behind his reputation. He has earned it through offering true service in a friendly way that everyone appreciates. That’s why so many of us keep asking for him, why we tell our friends and acquaintances about him, and why his career is successful.

Reputation Is Powerful

I’m no different from any other guy who brings his car in for repairs. But a am assured of quality and can avoid the apprehension that many experience because I simply take my car to Louis.

As a public relations professional, professor, board member, manager a volunteer, combat veteran, and, most of all, a father, I am acutely aware of the importance of reputation. And I’m not alone in doing so—people everywhere keep their ears to the ground and follow up when they get a good recommendation. If their first, second, and third experience with someone demonstrates that there is reality behind a reputation, they will continue doing business there. Moreover, when trust is there and proven over time, they may even ask for new services, expanding the relationship.

Everyone, in turn, benefits from the increased business.

Over the years, I’ve been fortunate to have had the opportunity to speak with people at all professional levels and in different types of organizations about their views on reputation. In those conversations, I’ve never been able to resist the temptation to ask a very simple question: “Do you believe that reputation is important?”

The answer often comes quickly. While holding back a slight chuckle—

or maybe a laugh—they say, “Of course.” Some might punctuate their reply by rolling their eyes, while others just look at me quizzically. I sense that more than a few of them seem to think that just asking the question means that I must have been living on the moon.

When I push for an answer, no one minces their words. They come right out and tell me that, if anyone thinks reputation isn’t important, they must be crazy.

Perhaps the fact that they are so direct and blunt is because they took the time and effort to build reputations that have withstood the pressures a endured good times and bad, and continued to serve as the foundation for their success. Or perhaps a few have even learned the hard way that a loss of reputation or unwillingness to live up to a commitment and fulfill a promise can prove to be the leading edge of a major problem, if not advance warning of a looming collapse. When I ask them to rate reputation on a scale of importance, from one to five, it always rates high. Some tell me that it is the most important—number five—while others rank it at number four. It seems everyone agrees that reputation is at or near the top when it comes to the ability to be successful.

Clearly, reputation is among our most treasured and powerful assets.

At its simplest, it is what others think of us. This simple fact affects everything we do, everything we say, everyone around us, and everything we try to accomplish . . . private and public, personal and professional.

For some, reputation makes the difference between success and failure.

For others, it closes the gap between mediocrity and success by creating special opportunities to move beyond the ordinary and accomplish the extraordinary. For still others, it offers a unique advantage to overcome challenges that otherwise might have been considered daunting or even impossible.

In my experience, on the road to success there is nothing more important than reputation when it comes to a strong foundation on which we build our relationships, decisions, achievements, and careers.

Think of the way reputation affects the way you relate to the businesses and organizations in your life. We judge organizations much the same way we judge the people around us. We look them in the eye, listen to what they say, notice what they don’t say, watch how they behave, and then we make our judgments. Subconsciously, we ask ourselves: Do we think they can be trusted? Do we think they are reputable? Do we think they will do what they say, and do we think that what they do will be meaningful? We ascribe human values and characteristics to every kind of organization—whether a for-profit or a not-for-profit. We use our answers to decide whether we want to relate to that organization, whether through buying a product or service, investing in them, or taking them on as a vendor or client.

How we perceive, and therefore describe, those organizations can vary dramatically. The words we use to describe them are the ones that most often relate to our own values. When we think well of a company or an organization and have a positive view of the values that underlie its decisions a we use endearing human terms such as “good,” “warm,” “fair,”

“ethical,” “responsible,” “trustworthy,” and “personable.” Or we describe an organization as one that “we like” and “treats us well.”

When it is an organization we don’t like, our descriptions turn nasty:

“doesn’t care,” “takes advantage of us,” “rips us off,” “is dishonest,” “misuses our donations,” “is unfair,” and “chases the almighty buck at our expense.”

To look at this from a completely different perspective, I asked some of the people I’ve interviewed over the years to tell me what kind of animal comes to mind when they think of some of the more widely recognized companies. The answers were pretty graphic and telling. When they said

“snake,” it spoke volumes of what they thought about a company’s integrity and honesty. Companies that were described as a lion or a tiger suggested a reputation for aggressive competition. Sharks conjured up images of financial avarice and ruthless behavior, with no compassion or regard to the success of others. At the same time, puppies and house cats were descriptions of kinder, gentler companies whose business activity was mild, well meaning, pleasant, a Ma-and-Pop shop—and perhaps even easily taken advantage of by ruthless companies.

It doesn’t take much thought to realize that these reactions to the reputations of a range of companies tell an important story about our own reputations as individuals. Reputation often has its base in an emotional first reaction. It might be a gut response, based on what action has been taken or what words have been communicated. The truth is that whether or not a reputation has grounding in actions and experience, at the core of reputation is simply a feeling or a belief.

This is why reputation can seem to be so hard to control or manage. Its root is in the nebulous realm of emotions, in each person’s feeling about you or your organization. The good news is that the seeds of a good reputation are identifiable, and you can plant those seeds so that positive roots will grow and positive experiences will flower. Plant the right seeds and success is yours.

Celia Berk, chief talent officer for Young & Rubicam Group, is often called upon to help people with their professional development. She explains it this way:

I tell them that they are the ones who must “manage” their own careers. That includes their reputations inside and outside the organization.

Most importantly, as they manage their careers and reputations a they must remember that their actions have consequences. If there are inconsistencies, there is little credibility.

Reputation Is Your Most Important Asset

If there is one message in this book to remember, it is just this: In every facet of our lives, reputation is among our most treasured and powerful assets. a intentionally choose to describe reputation as an asset, simply because an asset is anything we own that has exchange value. This point is important.

Think of it from two perspectives.

First of all, we own our reputation. Whether or not we feel we deserve it, the responsibility for the views of us that have taken shape in other people’s minds falls on us and us alone. When we take responsibility, when we

“own” our reputation—that is the moment we can do something about it a when we can begin to consciously shape it.

Second, as an asset, reputation has an exchange value. We engage in active exchanges based on our reputation—either attracting business a attention, or support from those around us, or repelling it. Revenue climbs, we earn a promotion, we land a long-term client, or we negotiate great terms with a vendor we also respect. Or none of those things happen.

Margery Kraus is founder and chief executive of the worldwide consulting firm APCO Worldwide, which developed a Return on Reputation

Indicator and Index in partnership with the Retail Industry Leaders

Association. Here’s what her research shows on the power of reputation to affect the bottom line.

Our Return on Reputation research demonstrates that “doing the right thing” is also “the right thing to do for business” . . . just as we know that “doing the right thing” is so important to our success as individuals. One of the interesting aspects of this research is that it directly tracks the linkage from behavior to perception to action.

Using the retail industry research as an example, there is a direct correlation between perceptions—those met, not met, or exceeded—and the bottom line.

In any kind of reputation research, the underlying principles are no different than those that determine the success of our own careers.

Through all of the work I have done with different organizations—

from trade associations to social service organizations, and from governments to corporations—the data consistently show that reputation and meeting expectations are key.

As you delve into this book, consider what your own reputation goals are—what is your personal bottom line? Are you looking to build a business?

Do you want to earn a promotion? Lead a team effectively? Widen your network of potential clients? Grow sales? Attract quality vendors and allies?

All these things are possible when you have a positive reputation because it is a major determining factor in the choice that people make when considering their options. More often than not, your good reputation is the reason they choose you.

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Table of Contents

Contents

Foreword

Acknowledgments

INTRODUCTION: Reality, Perception, and Your Most Powerful Asset

PART ONE: CHARACTER

1 This Is the Era of Personal Character

2 Experiences That Shape Character

3 Define Your Values

4 Authenticity Rules

5 Caring and Respect

PART TWO: COMMUNICATION

6 Seek to Understand

7 Effective Communication

8 Engaging Others

9 Be Personal

PART THREE: TRUST

10 Build a Circle of Trust

11 Overcoming Threats to Trust

12 When You Make a Mistake

13 An Enduring Reputation

14 Reputation Paves the Way

Index

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Sort by: Showing all of 2 Customer Reviews
  • Posted July 12, 2012

    This product teaches one important lesson, circumstances may var

    This product teaches one important lesson, circumstances may vary, even change drastically but reputation, whether good or bad remains unchanged.

    Was this review helpful? Yes  No   Report this review
  • Posted June 11, 2012

    A Must Read For Graduates

    I bought the Nook book and it is great. I just finished my undergraduate degree and started grad school and this is the best book to help me appreciate the importance of how others see me. I never actually thought about my reputation before but the stories bring alive how important my reputation is to my career as a teacher. The message that the book drives home is authenticity. If you fake it, you won't be successful. If you shade the truth, you won't be successful. You need to be genuine.

    The book talks a lot about the importance of values, caring and being straightforward. Simple as those may seem, they are often overlooked. I like the simple concept of character, communication and trust.

    I realize more than ever that, when I send out my resume as I look for a full-time teaching job, both my skills and my reputation are critical to the first step. There aren't a lot of jobs out there and the competition is tough. Reputation can make the difference in getting that job.

    Great book. A must read.

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