oboloo Glossary

Reputational Damage

oboloo Glossary

Reputational Damage

Reputational Damage Definition

Reputational damage is defined as any negative change to the reputation of an individual, organization, or brand. This can be caused by a number of factors, including but not limited to: media coverage, social media posts, customer complaints, and legal issues.

Reputational damage can have a significant impact on an individual or organization, causing them to lose customers, partners, and investors. In some cases, it can even lead to bankruptcy. Therefore, it is important for individuals and organizations to take steps to protect their reputation and respond quickly and effectively if their reputation is damaged.