Wednesday, May 5, 2021

Dr. Nir Kossovsky

Dr. Nir Kossovsky

Dr. Nir Kossovsky, CEO of Steel City Re, is an authority on business process risk and reputational value. He has been an industry-wide leader in the development of indexed measures of reputational value and actuarily sound underwriting methods that deter reputational attacks, and protect companies and their leadership. He holds more than a dozen patents, including an algorithmic reputational value measurement system currently enabling insurance solutions, third party investment strategies and governance products. He has written hundreds of articles and four books, including “Reputation, Stock Price and You,” Apress 2012). He has degrees in philosophy, business, and medicine, served as a Captain in the US Navy Reserves, and early in his career was a tenured faculty member at UCLA. Dr. Nir Kossovsky is an opinion columnist for the CEOWORLD magazine. Follow him on LinkedIn.
CEO Insider

Ignoring Social Movements is Bad Business

When Senator Mitch McConnell lambasts companies for “behaving like a woke parallel government,” he may well be appealing to a small but potent group of his own stakeholders: hard line Trumpist Republican primary voters. He is apparently calculating that the intensity of that group, and the impact it can have...
CEO Insider

2020 Elections Pose Reputational Challenges for Corporate America

The 2020 elections could cause a landslide of reputational challenges for American corporations. Last August’s Business Roundtable pledge—with CEOs recognizing employees, communities, the environment and others as stakeholders of equal standing to actual shareholders—has given politicians license to subordinate investors. Even former Vice President Joe Biden, considered by most to...
CEO Insider

Take Risk Management Seriously

During the time I served as a pathologist and Deputy Coroner in Los Angeles, I learned to look past the disaster-of-the-moment to the root causes of a crisis so that others can avoid a similar fate. A sign, above a double doorway at the end of a hallway, announced in...
CEO Insider

Reputation Risk Management Is Vital For The C-Suite

Reputation risk management is hot. At a time when corporate leadership is in the crosshairs of investors, regulators, and everyone in between, risk managers are moving from back offices to corner offices and becoming leaders of enterprise-wide strategic teams, supporting the corporate mission by protecting the firms’ intangible assets. Company...
C-Suite Advisory

Business Roundtable Confidently Raises Expectations: Corporate Leaders Now Must Deliver Or Face The Consequences

Reputation risk management just got more complicated. And the level of engagement required of boards just got more intense. With the Business Roundtable’s recent statement that the very purpose of corporations includes supporting employees and communities and protecting the environment – with generating long-term value for shareholders coming only at...
Executive Education

Companies need to differentiate themselves to protect against and recover from reputational attacks

Companies, along with their officers and directors, learned a generation ago that in a litigious society, they could be sued even in cases where they’d acted appropriately and to the best of their ability. They shored up their internal systems and bought insurance products—both to protect themselves if litigation occurred...