How can a Business get rid of the Bad Name that it has earned?

Hello Friends,

Today topic is very serious topic and really good for management students to come up with solution.

Any business required more time and effort to build a good reputation in the market and the vice versa it will take very few time to destroyed all the goodwill earned in the market. If business loose his reputation then the main thing is to find out the route cause of the reason, once we get the route cause then how to overcome on it, find out the all possible solution to reach the solution. And make the necessary changes in business VISION and MISSION sentence, and let the all employee know the recent changes so no chances of getting the same mistake happen again. Try to do some different and good thing so may be people can attract to that thing and forget the main thing which is the reason of bad reputation of the business.

Thank you so much for listening my idea.

Hello Frndzz , sharing my points below :

1. First Of all it needs to find the actual reasons behind it.
2. It may involve multiple persons & various issues (Who did it & why did it ? ).
3. Then we need to find out how much impact it has on outsider world, & how much it effected the org (i.e. estimate the long term & short term impact, In case of major impact a larger scale of re-shuffle of governing body needed ).
4. Start to fix d situation.
5. Need to sack or get rid of d corrupted people.
6. Need a better planning so that this type of situation never arises in future.
7. Strong Laws & regulations need to be constructed, violation of which should leads to highest level of punishment.
8. Actually in practical world lots of Sacrifice, hard-work ,patience , discipline , dedication & determination needed to awake from a lost battlefield.

When company get bad reputation then company should try to find the the reason why name of the company is being spoiled. If company gets the reason then it should try to resolve it with patience and cleverness. Company will produce good quality of products and these products will be available for customers in cheaper rate. Company must take some responsibilities and obligation for their employees, customers, society, government and environment.

Company's responsibility for employees :-company should not prevent labour turnover and not get out them without a reason this spoils the name of company.

Company's responsibilities for society, environment and government :-company should organise some medical camp for society. Company should spread wastage on public place and river. Company should give the proper tax to government And involve in corruption activities.

Hi friends,

A company when gets a bad name to get rid of the bad name it takes a lot of time and requires patience all the positiveness attained by the company I lost and it acquires the negatives feeling in approaching that company by that customer.

It requires lot of repairing or a damage control methods like.

Creating awareness among the customers through a good brand ambassador.

Properly checking to eliminate the occurrence of any new problems.

Creating awareness through live programs.

It is entirely like a crop.

If a crop/plant is affected by the worn we cannot get it back but we can stop it from spreading it to the other parts through pesticides so that we could manage the crop from entirely damaging but it takes a lot time.

Be patient, through hard work and sincerity will definitely bring success and fame to the organisation.

Thanking you all.

A business reputation is often linked to customers satisfaction. If customers are not satisfied, it will surely bring in a bad name for the firm and getting back the reputed name requires a lot of patience on the part of the company. Once the reason of failure is recognized, the problem is half solved. Then the company must rework on its goal in such a way that such failures are not repeated again. For example when Nokia found there were some problems with the batteries of some sets, it offered new batteries in exchange to the customers and this strategy really helped.

Secondly, the company must try to get in partnership with some other reputed company or must go for some good brand ambassadors. Moreover the company should go for checking the feedback's and reviews of customers and then acting on the complaints as soon as possible.

It is said in war that it is difficult to regain a lost land more than conquering a new one, the blood shed is more. Same applies to businesses, once a bad name is achieved it is very difficult to wipe it out though nnot impossible. Firstly thecompany sould assess the reaosn for the bad reputation in terms of product, service, quality. Once identified the next task is to develop a startegy to wipe out the reason associated with it. T give an example of cadbury, when it was established that worms were found in the chocolate, they endorsed Amitabh Bachahn to promote the product again after retifying their fault. Today no one rememebrs about it as there was never a second chance. Had the case occured again they would have been in troble. In fact today it is one of the established brands in Inndia.

First of all, the company needs to be changing its standards that have caused for a bad reputation. It should remove the persons causing for it. To regain the lost fame, it should attract the customers by the method of DIRECT TO HOME. The executives should go the people, meet them personally and ask for their ideas and try to implement them.

A team of people should complete the task. It will create a good and positive response among the people. If the condition is too worse, then the company name should be changed, as a method of tactics. The products should be released with lesser prices for some period of time. The company might worry about break even point but they should keep in mind that if the people trust the company, break even point is not at all a big concern.

Hi friends,

Business is the no.1 way to get success at the same time it is the no.1 way to get the failures. So we need to look only towards the success by putting our ideas, effort and by following the business ethics. This is simple, for a success in the business we need to follow some principles:

1. Create a good circle. That people surrounded by you should believe you and preferred only your products.

2. You should have good knowledge on people expectations on the products and your product should reach their expectations.

3. And you need to give good publicity to attract the people by describing about the benefits of your products.

If you successful in these principles then you will be the perfect Business man who never get the bad name in the business.

Business is all about taking a risk and managing it. It may happen that business has to go through the bad stage but everything is not permanent. Steps should be taken to solve it. They should figure it out what is the reason behind it what is its cause and then take steps to recover it although it's difficult to regain the same level of trust but instead of being hopeless various steps should be taken to obtain the good name back. Like customers opinion will be helpful to improve the quality of the product and satisfying the demand of the customers. It is one of the main motives the business if customers will be not satisfied they had to go through bad name because customers will criticize if they do not get what they want their product to be.

Really the existence of business in this present competitive world is completely based on reputation. However that fame can be achieved only by providing right quality of goods in reasonable price and means. When the consumer loses the confidence and he never again tries to purchase that particular product and even he won't let others too. So the brand image would go into vain.

In order to rebuild the same reputation there should be certain campaigns to be conducted by the industrial personnel and other relevant means apart from providing right quality products. This would improve and retain the acquired good reputation. As we all know that haste makes waste nothing can be achieved in one day so keep maintaining the better quality standards.