PR / Public Relations
Spencer Green, GDS International gets ready for the London Marathon
Spencer Green GDS International, former Junior Wimbledon player, Wales rugby fan, practising marathon runner, competitive cyclist and entrepreneur, is at present getting ready for the 31st London Marathon, to be held on Sunday, 17 April 2011.
The 41 year old Spencer Green, who is also the founder chairman of GDS International, a privately owned business-to-business events and media company, has been practising for the London Marathon on a daily basis. Read the rest of this entry »
Universal and Sony Music Catch ‘Instant-Cardle’ Fever
The Conundrum of Reputational Risk
The lawsuit filed against Ernst & Young for their auditing of Lehman Brothers and their acceptance of the now notorious “Repo 105″ manoeuvre that Lehman used to hide their leverage in their quarterly filing and thereby mislead investors as to the true state of their finances has revealed that some of E&Y’s auditors were concerned and brought up the issue of “reputational risk”.
Reputational risk is growing more fashionable as a concept among strategy thinkers but rarely has much traction among the board or within the C-Suite where a fight between quick profit and long term reputation is usually a round one knockout to profit. Reputational risk is a function that considers the risk of reputation damage as one of the criteria in decision making. The question goes: “what will people think about us or our products if we make this decision, it might be profitable but long term will we lose out as our reputation suffers for being dishonest, etc.” Read the rest of this entry »
Modelling Scam Help
We recently did a post talking about new rules that had been put in place to help protect individuals from falling foul of rogue modelling agencies (seen here). After receiving enquiries from companies concerned about getting caught up in the modelling scam affair, we’re issuing this follow-up aimed at explaining the problem faced by legitimate modelling agencies.
New Model Scam Law
There aren’t many people who wouldn’t be flattered to hear that somebody thought they had the potential to be a model. In a society that tells you that unless you buy in to the cosmopolitan culture of perfect bodies and catalogue fashion, fraudsters have been left for years to prey on girls and women seeking affirmation on their appearance. Now though, ‘Pretty Protection’ rules have been put in place to crack down on rogue modelling agencies looking to capitalise on the vulnerable.
The modelling scam is fairly straightforward – through various mediums girls are being approached, courted, and being assured that they have what it takes to make it in the modelling industry. They’re asked to attend photo shoots or registration events where they’re pampered and treated like royalty. They’re led to believe that paid work will be forthcoming from an extensive list of clients, and just when the ‘mark’ is about to sign on the dotted line, the trap is sprung.
In order to sign up to these agencies, the girls (ok, so guys are just as susceptible to this too, but statistically speaking the main demographic of those affected are female) have to come up with a ‘signup fee’ or an ‘agency retainer’ on the expectation of making the money back on modelling work. By the time the session is over, victims might have handed over sums that reach the high hundreds. And unfortunately, save for an occasional email or letter informing them they’ve had no interest yet, this is often the last time most people hear anything.
The new rules are as follows:
As of 01/10/2010, it is now illegal for model agencies to charge any type of upfront fee before finding a client work.
Any company caught trying to do that could face an unlimited fine or be banned from operating for up to 10 years.
A 30-day cooling off period has been introduced for photographic work.
If you fall for that trick and pay for a portfolio of pictures you no longer want, you have a month to change your mind and ask for your money back.
Critics though have already said though that the new regulations aren’t sufficient to adequately protect against rogue modelling agencies, as there are still several loopholes still left gapingly wide open. There are however people you can speak to if you feel you are still being scammed, and they can be found here.
The problem now though is that people who genuinely want to make it in the modelling industry are left wondering who they can trust. With so many rogue agencies out there, it’s hard to identify who’s genuine and who isn’t. And now with awareness being raised as to the potential pitfalls of putting your trust in modelling scams, the legitimate agencies risk being tarred with the same brush. An unfortunate but classic case of ‘guilty by association’.
When you have a legitimate business of any ilk, you should look to protect your reputation and disassociate yourself from scammers in the same trade. At reputationmanagementfor.com, we’ve already spoken to spoken to modelling agencies over the last year who are concerned with being caught up in the negative light their ill-intentioned counterparts have been casting. If you have a business whose reputation is being questioned due to matters outside your control, then get in touch with us to find out how we can help you to protect your brand name and reputation. In fashion more than most industries – your name is your lifeblood.
email: info@reputationmanagementfor.com
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