The multi-dimensional impacts of social media have rapidly changed the risk and communications management landscape and pose a new set of challenges for executives and their businesses.
According to the Stanford Graduate School of Business, company Boards and senior executives have not only accepted that social media presents new risks, but are embracing the consumption of social media research as part of their duties.
Stanford highlights three risks that social media can help identify and quickly:
- Operational risk. How exposed your company is to disruptions in its operations
- Reputational risk. How protected is your company’s brands and reputation
- Compliance risk. How effectively does your company comply with laws and regulations.
SR7 has pioneered the risk management of social media. Far beyond reputational damage, social media now impacts everything from supply chain risk management to political risk. SR7 provides solutions for these issues.
SR7, via its partnership with Aon, provides innovative and unique solutions for companies around the world to manage their social media risk and opportunities.
Click here for more information about our partner.