Posts Tagged ‘Weibo’

Asia’s reputation on my mind

1st October
2011
written by Dr. Leslie Gaines-Ross
Have Asia on my mind as I am soon airborn. A few facts and stories I just learned as I am preparing to go and talk about reputation trends. These are all China-based for now....
  • In four years, more than 700 million people in China will be watching online video sites. Youku, similar to our YouTube, is one such leading site. (McKinsey Quarterly, 2011). Pretty dazzling if you ask me.
  • Even during the global recession, sales of luxury goods in China rose by 16%. (McKinsey Quarterly, 2011).
  • An interesting incident that caught my attention. Apparently the CEO of DangDang (China's Amazon) exploded at his bankers in a profanity-filled tirade blaming them for an IPO that undervalued his firm. The language was so profane that when reported there were alot of ****s. This all appeared on Sina Weibo, China's Twitter.  Apparently some employees of the bankers fired back on Weibo although now there are reports saying they were not employees. Whatever the story, what I found interesting is that we focus so much on social media guidelines for employees and perhaps its time to develop them for CEOs too! Not exactly a reputation-building story.
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Blogroll, CEO apology, CEO reputation, CEOs, corporate reputation, Crisis management, online reputation management, reputation, Reputation crisis, reputation damage, social media

A Lovesick Social Executive

28th June
2011
written by Dr. Leslie Gaines-Ross
If you regularly read my blog and know our work on Socializing Your CEO, you know that I follow social CEOs or other executives. Well, this story was not what I was thinking about when we first starting calling for more CEOs to use online technology.
One of China's most famous investing billionaires (at CDH Investments), announced he was leaving his wife for his mistress on Sino Weibo, China's version of  Twitter. He said,  "I am giving up everything and eloping with Wang Qin. I feel ashamed and so am leaving without saying goodbye. I kneel down and beg forgiveness!"
Talk about followers.  The famous  investor posted this in May, and within 24 hours it was re-weibo'd (retweeted)  by nearly 60,000 other Weibo users and commented on by another 30,000 others including other Chinese business people. And he continues to wax poetically about his lovesickness. He even did a YouTube video on their version YouKu.  He did lose his job but as we know, love is priceless. Not what we mean when we say that more executives should go "social."
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(Un)Social CEO, CEO reputation, CEOs, Leadership, online reputation management, personal reputation, Social CEO, social media, Weber Shandwick