The Edelman Trust Barometer, an annual study of who's trusted, has some interesting findings about the credibility of the CEOs of companies as spokespeople:
- CEOs were trusted by 50% of respondents in 2011. That dropped to 38% in 2012. The biggest decline in history of the study.
- "A person like yourself" jumped from trusted by 43% last year to 65% this year.
- A "regular employee" was trusted by only 34% in 2011, but by 50% in 2012
What does this mean for fundraising? I doubt it's a huge, game-changing shift. But I'd look at having people other than your CEO or president be your main fundraising spokesperson.
I don't think nonprofit CEOs have done as much to squander their collective reputation as corporate CEOs have. But maybe some of the dirt has rubbed off on our leaders.
Thanks to Church of the Customer Blog for the tip.