Protecting businesses in highly exposed sectors

Rising interest rates, energy prices, and industrial supply costs are all over the headlines. Many sectors are seeing companies refocus their business models to adapt to the current context, with these difficulties often impacting consumers as well. It is no longer enough to passively pass on the negative consequences of third-party decisions without assuming any type of responsibility.

Now more than ever, companies and their executives must lead with empathy. Citizens are demanding businesses listen to, understand, and, above all, stand by them. Far from being a mere cosmetic exercise, organizations must champion this process. Catering to stakeholders’ social needs, including them in the corporate purpose, and actively managing the current situation’s challenges will all be essential to successful business management in 2023.

LLYC solutions

  • Risk prediction. Identify, evaluate, and assess emerging reputational risks using AI technologies and design-thinking techniques.
  • Proactive risk management. Plan and implement reputational risk management projects to better handle negative impacts, or even turn them into opportunities to create a positive impact for company stakeholders (customers, employees, authorities, and investors).
  • Corporate purpose. Define and leverage corporate purpose to help boost reputational recovery following crisis situations. This can help companies weather difficult situations or risk-filled environments.
IDEAS
26 Sep 2023

Mining in Latin America: A chance to carve a new path

The mining industry has been under close scrutiny due to past mistakes, misinformation, and negative impacts. While it was once seen as a source of wealth and development, society’s...
31 Jul 2023

Precision medicine for cancer treatment: so close, yet so...

Cancer treatment research and the development of innovative treatments are at its peak. This was confirmed during the recent meeting of the American Society of Clinical Oncology (ASCO), which...
20 Jul 2023

FROM STANDBY TO INFINITY: M&A MARKET TRENDS

Mergers and acquisitions in Spain and most of Latin America had an outstanding first half of 2022. Momentum in most of these markets helped maintain year-to-date record highs. However...
11 Jul 2023

Why making people feel good is important: Moving from pur...

Anyone working for a brand, organization or company will likely be familiar with the concept of being “customer-centric.” However, you may have noticed that this concept is gradually giving...

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