Both Lance Armstrong and John McAfee stand as strong examples how you can lose the trust of
people by making unwise choices and, more importantly, not admitting
to the same. Most everyone would surely like to give such people a
second chance, but only if they admit their wrong actions. With
Armstrong, this would definitely be an option however McAfee’s
personal life choices are directly impacting the brand he developed
many years ago.
For instance, take the case of Lance
Armstrong, where he was accused of taking drugs to enhance his
performance this June. He was stripped of all his wins in years
between 1999 and 2005 and for other events in the past. On the other
hand, other players, such as Tiger Woods and Michael Vick were
forgiven in spite of being accused of worse actions. The explanation
is that Lance Armstrong did not admit to committing the offence and
the general public was not able to forgive this betrayal of trust.
One of the largest impacts however to
Armstrong’s poor decision making was the separation of his
‘formerly reliable brand’ with several sponsors including Nike,
Michelob Ultra Beer, Oakley and Radio Shack. This cost Armstrong
millions of dollars in sponsorship revenue, but most importantly
impacted the credibility of his Livestrong Foundation, a group
dedicated to finding a cure for cancer.
However, with McAfee, his situation is
a bit more complex. You see, in his case, his actions are directly
impacting the thoughts of millions of computer owners who use
his McAfee Antivirus software to protect their computer –
a software that is all about trust of the important consumer base.
The SSL Security and
Antivirus protection software industry has been under attack in
recent years with news coming out that leaders of two of the largest
antivirus software companies – McAfee and Symantec have made poor
decisions personally and business wise that are impacting their
brands credibility.
In the case of McAfee, allegations of
drug manufacturing, selling and distribution, combined with being
involved in a sexual relationship with a 17-year old girl in Belize
have led millions of computer software customers to question his
integrity and decision making. This also impacts their confidence in
the McAfee Antivirus brand – and products they
manufacture.
Both the above examples go to prove
that the personal actions that Lance Armstrong and John McAfee have
made directly impact their credibility and any organizations they
founded. Livestrong has seen this impact with several donors pulling
their support from the foundation. And McAfee’s former software
company will see dramatic loss of sales as well – thanks in part to
the founders personal actions.
We’ve seen this story before – and
we’ll see this story well into the future. Until high-profile
people begin to understand the importance of living high-quality
life’s and make strong and ethical personal life choices, this
problem will continue.
0 comments:
Post a Comment