Skip to content

Social media has dramatically changed the playing field in…

“Social media has dramatically changed the playing field in terms of crisis communications - and any company that does not effectively use social media to take the pulse of its constituents on a constant basis, and know how to communicate with them in a crisis, is breaching its fiduciary…” quote by Steven Fink
Download Open image
“Social media has dramatically changed the playing field in terms of crisis communications - and any company that does not effectively use social media to take the pulse of its constituents on a constant basis, and know how to communicate with them in a crisis, is breaching its fiduciary responsibilities to its stakeholders.”

Steven Fink

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Companies must use social media continuously to monitor stakeholders and fulfill fiduciary duties during crises.

In simple terms: Social media is essential for crisis communication.

Key Takeaway

Maintain active social media monitoring to meet stakeholder responsibilities.

Themes

business communication social media crisis fiduciary duty

Mood

strategic analytical

Type

business communication

When to use this quote

  • public relations strategy
  • crisis response plans
  • digital analytics
  • corporate governance

Key Concepts

stakeholder engagement real‑time monitoring

Questions to Reflect On

  • How can smaller firms implement effective social listening?
  • What policies ensure ethical crisis communication?
A Different Perspective

Resource constraints can limit constant monitoring.

★ ★ ★ ★ ★ No ratings yet

More by Steven Fink

Explore all 12 Steven Fink quotes

More Changed quotes

Browse all 6,529 Changed quotes