Reputation is very important.
It is even more important in Korea, where a hero can become a villain instantly.
Reputation in Korea is very fragile. Even the current president Moon who garnered
much praise is already being vilified (we should always pray for our leaders).
Wow, franchisees, almost lost 50% of sales after the CEOs’ sexual harassment scandals!
That is a real reputation cost!
I pray that there is repentance and change in corporate governance. I also pray that the franchisees will not be permanently impaired.