Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Trending

Today’s NYT Mini Crossword Clues And Answers For Fri day, May 9th

May 9, 2025

This Hidden Threat Can Diminish Your Rental Property Revenue

May 9, 2025

Why Buying a Retiring Business Is the Smartest Move for Young Entrepreneurs

May 9, 2025
Facebook Twitter Instagram
  • Newsletter
  • Submit Articles
  • Privacy
  • Advertise
  • Contact
Facebook Twitter Instagram
Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Subscribe for Alerts
Startup DreamersStartup Dreamers
Home » Merger With LVI Golf Threatens PGA Tour’s Image And Reputation
Leadership

Merger With LVI Golf Threatens PGA Tour’s Image And Reputation

adminBy adminJune 10, 20230 ViewsNo Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

The headline-making announcement this week that the PGA Tour will merge with LVI Golf continues to reverberate throughout the sports world. The unexpected move poses major challenges for the tour that threaten to permanently damage its brand, image, and reputation.

Tattered Reputation

An organization’s controversial or unpopular actions or decisions can have unintended consequences. This pending merger is a case in point.

“The PGA’s reputation is currently firmly in tatters, and a massive reputation fix lies ahead. It has gone from being lauded for its solid leadership stance to being ridiculed across press and social media alike, and on a global scale for its about turn,” Andy Barr, CEO and founder of marketing agency 10 Yestis Digital, said in statement.

Bouncing Back

A crisis does not have to be a death blow for an organization. The Crisis Management Hall of Fame is rich with examples of how companies recovered from a variety of scandals, disasters, and other emergencies.

But comebacks are not automatic and require carefully planned strategies and tactics to help ensure success.

“ The PGA’s brand, built on a rich history and tradition, could face dilution or misalignment if the merger isn’t managed with the utmost care,” Casey Jones, the founder and head of marketing and finance at digital marketing agency CJ&CO, said via email.

Priorities

Before attempting to bounce back from a crisis, companies must map out and prioritize what should be done, when, how, and in what order.

“To recover from any potential damage to its brand and reputation, the PGA must prioritize transparency and clear communication. It’s essential to articulate the benefits of the merger to all stakeholders, including players, sponsors, and fans, while also addressing any concerns head-on. This proactive approach can help maintain trust and credibility during the transition,” Jones said.

Reinforce Commitments

An important part of the crisis recovery process is to remind the public and stakeholders about the organization’s core values and commitments.

“To recover from any damage, the PGA Tour can amplify its commitment to the core values of integrity and sportsmanship, underlining that these remain at the heart of its operations,” Lakesha Cole, the founder of shePR, said via email.

Crisis Communications

How an organization communicates during and after a crisis can help ensure that those concerned about or affected by the situation are fully informed about efforts to address the situation. And in this case, to also help repair the damage it tried to inflict on a competitor.

The PGA “is in the unique position where it will now need to deploy a fast-acting crisis communications plan to help fix the reputation of an organization —LIV— that it has spent the last 12 months successfully trying to tarnish,” 10 Yetis’s Barr recommended.

Messaging

“With the hopes of not having any further internal issues, the PGA can create a ‘moving forward’ campaign with its entire messaging surrounding the positivity that will come from the merger,” Candice D’Angelo, the owner and principal publicist at The Agency East public relations agency, recommended via email.

Potential Legal Challenges

The proposed merger is not a done deal, however, and could face antitrust challenges by federal regulators. Ironically, those challenges could create yet another crisis for the PGA.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

What It Means For Passengers

Leadership December 29, 2023

How AI is Revolutionizing Customer Service with Human-like Responses

Leadership December 28, 2023

Lawmakers Push Forward On Legislation To Expand Community Schools

Leadership December 27, 2023

20 Ways To Navigate Misunderstandings In Multinational Workplaces

Leadership December 26, 2023

If Your MBA Application Was Deferred or Denied, Here’s Some Advice

Leadership December 25, 2023

7 Tips For Recovering From Burnout Over The Holidays

Leadership December 24, 2023
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

Today’s NYT Mini Crossword Clues And Answers For Fri day, May 9th

May 9, 2025

This Hidden Threat Can Diminish Your Rental Property Revenue

May 9, 2025

Why Buying a Retiring Business Is the Smartest Move for Young Entrepreneurs

May 9, 2025

What to Know Before You Sign a Franchise Deal

May 9, 2025

OpenAI and the FDA Are Holding Talks About Using AI In Drug Evaluation

May 9, 2025

Latest Posts

The Question Every Founder Should Be Able to Answer—But Most Can’t

May 8, 2025

The 10 Best Low-Risk Business Ideas for Retirees

May 8, 2025

Apple’s Infamous App Store Tax Is Collapsing

May 7, 2025

We Must End the Hidden Growth Tax on U.S. Small Businesses

May 7, 2025

How to Scale Innovation and Creativity in Your Business

May 7, 2025
Advertisement
Demo

Startup Dreamers is your one-stop website for the latest news and updates about how to start a business, follow us now to get the news that matters to you.

Facebook Twitter Instagram Pinterest YouTube
Sections
  • Growing a Business
  • Innovation
  • Leadership
  • Money & Finance
  • Starting a Business
Trending Topics
  • Branding
  • Business Ideas
  • Business Models
  • Business Plans
  • Fundraising

Subscribe to Updates

Get the latest business and startup news and updates directly to your inbox.

© 2025 Startup Dreamers. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

GET $5000 NO CREDIT