Think Fast, Talk Smart Podcast on Reputation Management

Jul 4, 2024

Think Fast, Talk Smart Podcast with Matt Abrahams and Alison Kluger

Introduction

  • Host: Matt Abrahams, teaches Strategic Communication at Stanford's Graduate School of Business (GSB).
  • Guest: Alison Kluger, GSB lecturer, former TV/radio producer, and expert on digital media and reputation management.
  • Topic: Understanding and managing reputation.

What is Reputation?

  • Definition: The echo that precedes you into a room and remains after you leave.
    • Positive reputation is valuable; it works for you even before you enter a room.
    • Example: Preconceptions based on reputation can lead to favorable interactions.
  • Evidence: Feedback from others, business opportunities, direct comments, etc.

Building and Managing Reputation

  • Mindset: Be aware and conscious of your actions and how they are perceived.
    • Online presence should be consistent with your values.
    • Be mindful of first impressions and your behavior in different contexts.
  • Authenticity vs. Strategy: Strive to be authentically you but be strategic when needed.
    • For instance, if known for being late, take steps to change that.

Trust and Balance: Warmth and Competence

  • Trust: Key elements include expertise, empathy, commitment, and transparency (Trust Radar).
    • Example: Tylenol crisis managed with transparency and commitment, leading to positive reputation.
  • Warmth and Competence: Balance is crucial.
    • All competence and no warmth → comes off as arrogant or dry.
    • All warmth and no competence → perceived as lacking substance.
  • Superpower: Match warmth and competence for better executive presence and likability.

Managing Reputation in Physical and Virtual Worlds

  • Advice: It's not what happens, but how you deal with it that defines you.
    • Turn adverse moments into positive ones through your actions.

Closing Questions

  1. Best Communication Advice: Be comfortable with being uncomfortable.
  2. Admired Communicators:
    • Tyra Banks: Underestimated, vulnerable, real, shares struggles.
    • Michelle Obama: Warm, real, strong, inclusive, authentic, and aware of audience.
  3. Recipe for Successful Communication: AIM
    • Audience: Know your audience and put yourself in their shoes.
    • Intent: Clear purpose (e.g., entertain, inform, persuade).
    • Message: Clear, succinct, strong opening and closing.

Conclusion

  • Reputation is both the echo before you enter and what lingers after you leave a room.
  • Build and manage it through awareness, authenticity, and strategic actions when necessary.
  • Balance trust, warmth, and competence for effective communication.
  • Final thoughts remind listeners that actions define reactions and long-term reputation.

Produced by Stanford Graduate School of Business. For more episodes, visit gsb.stanford.edu or subscribe to the podcast.