Sunday, November 4, 2012

Lance Armstrong and Symantec - How to Betray Trust 101

Isn’t it funny how America embraces a thief, abuser and cheater – but detests a liar. 

Case in point – this week, Corporate America companies Nike, Anheuser-Busch and Radio Shack told Lance Armstrong to take a flying leap off a bridge by cancelling their sponsorship endorsement contracts with him based on allegations – not facts – raised by the United States Anti-Doping Agency. Earlier this year, SSL Certificate giant Symantec took a huge hit in consumer trust by replacing their reliable VeriSign Checkmark with the less than reliable Norton Secured Seal. 

In both cases, both parties could have avoided most trust issues by simply coming out in the open and admitting mistakes in judgment. 

If one thing has been constant in this country, it’s that American’s are eager to give a person – or a company a second chance after they made a critical mistake – as long as they have the humility to admit their wrong doing. Look at NFL Quarterback Michael Vick for an example of this. Three years ago, Vick was arrested for animal cruelty by leading an organized dog-fighting league. And although he initially lost some endorsement deals, he admitted his faults, served time in jail and has since come back to be the starting quarterback of the Philadelphia Eagles. 

And for the most part, corporate America and the fans in Philly cheer him every Sunday afternoon. 

In June of this year, the USADA formally charged Lance Armstrong with having used performance enhancing drugs during his seven-time Tour de France domination between the years of 1999-2005. They also ‘officially’ striped Lance Armstrong of winning any events in the past. But, why did Lance Armstrong loose the trust of Corporate America and several of the general population when athletes like Tiger Woods and Michael Vick arguably committed worse offenses?
Simple - Lance Armstrong has too much pride to admit his faults or weakness. And just like Lance Armstrong, Symantec can’t admit they made a mistake – and this betrays trust that has a life-long impact on the general public. 

When Symantec replaced the reliable Verisign checkmark with the cheap and not-reliable Norton Secured Seal, it caused a huge shift in consumer confidence of all Symantec products. However, since that April 2012 time period, they still have not officially stated on the record that it was a mistake. Instead, when some of their largest corporate clients like retailers Walmart, Best Buy and others demanded that they take the Norton Seal off their website due to dropping internet sales from April 2012 – July 2012; Symantec instead tried to spin the news as these customers “Switching to VeriSign”. 

This is a flat out lie. 

All of these companies used the VeriSign software in the past. As a consumer who has purchased products from them in the past year, I know this to be true and factual. In April, that reliable checkmark went away – as did my business with those companies. 

It was my perception that they were cutting back costs by replacing VeriSign with Norton. And since my perception is reality in my eyes, that betrayed my trust in those companies for a while. Then I learned that in fact it was Symantec who made that change. Now I don’t trust them. 

Simply put, had both Lance Armstrong and Symantec come out and admitted mistakes – even if they believed in their hearts they did not – the general opinion of people across the country would allow their trust to be shaken; but not lost. Instead, the trust of Lance Armstrong and Symantec are both gone for good with many consumers and fans – simply due to their perception of guilt.

0 comments:

Post a Comment

 

Copyright © Internet Security