CEOs are being held accountable like never before. Social media and more prominent public profiles have made it next to impossible for company heads to avoid responsibility when and if something goes wrong.
This is something that Ray Hennessey has covered and witnessed during his 25-year career as a journalist and business leader. In his recent book Beyond Sorry: How to Own Up, Make Good, and Move Forward After a Crisis, published earlier this year, he lays out a framework for people to offer sincere and lasting apologies and explores the steps to move forward.
Ray’s bona fides including serving as Editorial Director for Entrepreneur, where he helped launch the Entrepreneur360 and Top Company Culture franchises, as well as the Entrepreneur Network video channel. Previously, Ray helped launch the FOX Business Network, where he served as founding Business News Director.
We talked to Ray Hennessey about the art of the CEO public apology and what thought leaders need to know before and if they decide to own up.
I don’t think people are messing up any more than they used to, they’re just getting found out about it more.
The Helm: This is probably a big question, but can you give us a nutshell kind of answer of how public apology has evolved over the years?
Ray Hennessey: It’s become way more frequent. We’re more likely to apologize just because the things we do wrong are more amplified thanks to social media. And if you look at it from a corporate perspective, most CEOs never felt that they needed to apologize because problems — either in the way that they lead an organization internally or mistakes that they made externally — usually had a very, very limited audience.
If you were a national company you worried about the Wall Street Journal and some of the big newspapers or sometimes, if it was a big enough screw up, you’d got on network TV. Now we live in an environment where a CEO can say something and her staff can immediately put it out on social media. Cameras and recorders are on us all day long. I don’t think people are messing up any more than they used to, they’re just getting found out about it more.
It’s the same even with personal issues. You have CEOs like Bill Gates going through divorces in the public eye. That didn’t happen 20 years ago.
Personal issues or failings become public so often you sometimes have to apologize for mistakes you’ve made.