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Challenges in the Era of Globalization - iaabd

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Proceed<strong>in</strong>gs <strong>of</strong> <strong>the</strong> 12th Annual Conference © 2011 IAABD<br />

Causal Loop diagram: The participants complete <strong>the</strong> causal loop diagram (Figure 5) and described <strong>the</strong><br />

variables <strong>in</strong> <strong>the</strong> causal loop diagram as follows:<br />

• Variable 1: Ability to create and leverage social media advocates (0:8 Outcome): This is <strong>the</strong><br />

primary outcome <strong>of</strong> <strong>the</strong> causal loop diagram with every o<strong>the</strong>r variable impact<strong>in</strong>g on it. The ideas<br />

covered by this variable <strong>in</strong>clude: advocacy; reputation management; brand<strong>in</strong>g; understand<strong>in</strong>g<br />

and manag<strong>in</strong>g <strong>the</strong> reputation deficit you start with <strong>in</strong> social media; and understand<strong>in</strong>g that staff,<br />

peers shareholders and clients all play a role as advocates.<br />

Figure 4: Systemic scorecard<br />

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