Reputation is an Outcome of Repetition
When we repeatedly do things right, we build a good reputation, and when we repeatedly do things wrong, we build a bad reputation. Reputation is therefore a cumulative account of our consistent efforts in delivering results. So, it is a time taking process and we must be patient and enduring. Like the saying goes, “Rome was not built in a day”. Reputation is a big asset to anyone, because it is hard earned, over a long period of time.
Let ‘s look into a few examples - A singer who
gives several hits, becomes a reputed singer in the entertainment industry. A
Sports man, who has consistently performed well in the matches, earns the
reputation of a promising player. A businessman, who consistently delivers
quality products on time, starts to enjoy the credibility of a dependable
supplier. A Doctor, who has a higher
success rate in healing patients, gets noticed and becomes the most sought-after
doctor in the town.
Just like Individuals build reputation,
countries and companies too, build reputation over the course of time. It all
attributes to the same cause of consistency in performance.
For example, Germany enjoys a reputation for
precision engineering, Japan enjoys a reputation for product re-engineering, China
enjoys a reputation for its low cost of production, , Finland for the best
educational system in the world, US enjoys a reputation as the best marketeers
and India enjoys a reputation of being the most competent outsourcing hub, for
the rest of the world.
In the Corporate world, Brand building is nothing but a reputation building activity. When you are consistent in delivering what you promise, your reputation grows, and your brand becomes recognized. The value of building a brand is immense. The brand starts to sell by itself, with minimal effort. People start to trust a brand so much, that they are not willing to try out any other alternatives. All that the brand has to do, is to ensure they remain consistent in offering the same quality of product or service, that the customer likes.
So, can someone who has built a bad reputation
in the past, set it right? Yes, it is possible, but takes double the effort and
it may take longer. This needs a lot of
conscious effort and hard work. First the person must erase the old image,
before he can create a new image about himself. Few ways, by which they can do
that is by being sincerely apologetic for what happened in the past, giving
assurance of what others can expect from them in the future and follow it without
a single default, for a considerable amount of time, that it alters the people's
perception and existing mindset, about them.
There is a nice quote by Warren Buffet which goes "It takes 20 years to build a reputation and 5 minutes to ruin it." So, we need to tread with ultimate caution. Whether you are a professional or businessman, be sure to build and guard your reputation fiercely, because once it is lost, it is difficult to start over again.
D. Senthil Kannan,
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