1. Corporate reputation is important and companies must consider the long-term effects of their actions on stakeholders. Maintaining trust with customers, employees and the community is vital for business success.
2. While companies may get short-term gains from risky or questionable behavior, it often damages reputation and trust in the long run. Building a strong, ethical culture and treating all stakeholders with respect helps ensure sustainable growth.
3. Past mistakes, if addressed properly through accountability and positive change, need not define a company forever. Ongoing commitment to responsible practices allows companies to regain trust over time.