CRISIS CHRONICLES
Welcome to Crisis Chronicles: insights on news, current affairs and reputation management.
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January 26, 2026
By Brad Chase
One of the most frustrating things in reputation and crisis management is watching a company shoot itself in the foot by dithering and delaying making necessary public statements when it's clearly at fault but runs and hides -- turning a minor issue into a crisis.
SoFi, a $30 billion private financial institution, today sent out an email about a hack of consumer personally identifiable information (PII)...from January 2nd.
Given the constant security breaches we hear about every day, it's not a novel story. And like most breaches, the downside for customers appears to be limited. Just another data breach. Sigh.
But how on Earth do you wait 3+ weeks to share any information with customers? Sure, you need to take some time to get facts straight, work with the authorities, etc. But three 3+ weeks screams incompetence or coverup, plus a heaping side order of disdain.
Scenario 1: The CEO is too ignorant or stubborn to understand that reputation is the number one driver of a company's value (arrogant CEO)
Scenario 2: The CEO places no value on accountability and has no regard for customers as an essential part of making profit (uncaring CEO)
Scenario 3: The CEO relies on marketing and legal to lead reputation management (uninformed C-Suite)
Scenario 4: A Chief Communications Officer (CCO) or SVP who's unable to fight for what's right (poor hiring by CEO)
It's almost always one of the first three, if not all three.
Even in this crazy ass world that seems to be crumbling by the day, people have an unfailing capacity to forgive. But when you delay or deflect, you cede your chance at forgiveness.Instead of the most basic attempt at transparency, SoFi has turned a commonplace issue into a crisis of trust. If you're a senior executive at a company with a CEO that doesn't have an empowered CCO, you'll find out the consequences soon enough.
Reputation giveth and crisis taketh
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April 05, 2024
By Brad Chase
63 percent of a company's market value comes from its overall reputation (per Weber Shandwick)
Nearly 70 percent of leaders report facing a true crisis in the past five years (per PwC)
Only 1-in-3 have a crisis management plan in place (per PwC)
To readers questioning the need: the choice is obvious, will you make the right one?
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March 06, 2024
By Brad Chase
This is why I always snicker when I see “no comment.” It makes it very clear that the CEO of the company is a useless leader. That may seem harsh. But if you’re the CEO of a company, like Glow Recipe, and you produce makeup for children that is potentially giving them horrible side effects and you completely ignore major news outlets that come calling with legitimate questions — you are out of your depth. Health and safety must always be paramount for your customers and team members. Period.
Maybe the comms team is weak, or the reporter didn’t give enough time. But gone are the days of receiving a media inquiry and having until the end of the day before it goes to print. They run the story and add a quote after it’s gone public. Horrible journalism. This is 2024 for you. And this story about Glow Recipe has gone five days without a comment. It doesn’t matter if it’s malice or malpractice, if you can’t do the bare minimum, your company likely has far bigger problems.
Every time you see it from a company that you know, take a moment to reconsider buying their products, partnering with them, accepting a job, etc. The “no comment” response is a bellwether that shouldn’t be ignored.
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By Brad Chase
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By Moa Crucchiola
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by Brad Chase
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by Brad Chase

