**UPDATED**Changes are required for advertising agencies to survive in the future. Here are some thoughts on what the model might be...
1. destroy & rebuild:a la DRAFT/
FCB UK - offering voluntary redundancy to all staff so they can rebuild in the right way - not sure that they expected 50 people to say yes...
2. mini-me:fund key staff (who are probably thinking about their own start-up anyway) to set up competing/complimentary fast moving companies to challenge and change the model. assimilate key lessons into the main agency. naked - though an
untraditional model in the first placed has done this with a variety of offerings including
Naked Inside as have
Anomaly with
Another Anomaly.
3. the brain:a collection of the right minds with no vested interest in what channel gets produced and with a thin level of creative.
in-sourcing work to other agencies within a holding company or large group. As mentioned in the comments below
Agency Republic started out as this model then moved to full service digital.
4. conductor:similar to above but outsourced to a black book of key suppliers and orchestrate not only delivery of a core idea through their relevant channels/disciplines but work with them and share ideas. similar to a
tv directors/producer model. many agencies, including digital, operate this model using people like the
Barbarian Group to deliver.
Agency.com outsource 20% of their work.
5. buy-ups:do the above then buy them in. though differing cultures could be a big issue. again many have been through this model including to varying degrees of success.
6. don't do digital:don't attempt to do everything digital but just do what you are good at - direct response, story
tell ling or reputation management - and integrate it simply into the mix. "
no digital - go away" was
Gooby's approach where no work was allowed to be presented if it didn't have a digital component.
7. the tweak:
though it might appear to be rearranging deck chairs on the titanic, there seems to be merit in this approach as most are doing it. incremental shifts but nothing seismic,
Fallon is a good example
er... 8. the ostrich"only a
few years till i am out so it will all fall apart on someone
else's watch." No names mentioned...
Any thoughts or other suggestions...
Tags: future of advertising interactive marketing giles rhys jones goodby silverstein model