Posts Tagged ‘Business’
5 out of 100 is pretty sad

In the most recent issue of Fast Company, they released their list of the 100 most creative people in business. Of the esteemed 100, only 5 of them work for a company that does “marketing” of any variety:
32: Lee Clow, TBWA
39: Greg Hahn, BBDO
59: Noah Brier, Barbarian Group
81 & 82: Karin Hibma & Michael Cronan, Cronan
So, um, wow. I thought we were supposed to be the most creative people in business? What happened here? I thought marketing was the marriage of creativity and business; that we were tasked with creatively solving business problems; that the greater ad industry was the helm of creativity. Not so, according to FC.
For this, I believe there are 2 reasons. The first is far more jaded and less plausible, but requires thought, nonetheless.
1. Is it possible that the marketing industry is far more isolated from the rest of the business world that the people we consider “rock stars” of the industry are really little more than peons in the greater business world? I think it’s highly likely. Look more closely at the names chosen. Clow is an obvious pick, since he is the Michael Corleone to Ogilvy’s Vito Corleone status. Throw somebody in from BBDO, since that’s about the only agency that most people have ever heard of (courtesy of foppish depictions of ad agencies in film. I loved Alan Alda saying “BBD and O” in What Women Want). Do ten minutes of digging past Crispin, and you’ll find Barbarian Group. And, throw in an under the radar name like Cronan, and you’ve covered your bases. And make sure you leave out Bogusky. FC has had an absurd man crush (much like most of us in the biz) on AB for quite a while now. After the big splashy feature last year and the full page blurb 18 months ago, people will begin to think they pump him up because Microsoft (CP+B’s big ole client) has a pretty hefty media buy with the magazine.
Plausible? Eh, maybe. Probable? Sure. If you’re a tad jaded.
Or, there’s the other option.
2. It’s more obvious than ever that the ad industry as a whole has grown embarrassingly stale. Most of our business models are as stale as the rehashed rehashed ideas we continue to sell clients and expect them to throw money at us because we’re creative. At least we tell the we are.
For me, this theory holds a lot more water. Think about it, the basic agency model has barely evolved since the 1960s. Watch Mad Men, and you get a sense of what most agencies are still like that. (Creative team + Account team) x Media team = Agency Model. Outside of a few noteworthy shops (Mother, Creative Orchestra), we still hire people who do one thing well and throw them together with other people that do one thing well and expect a certain outcome. And we as a group are still held creatively hostage by the invoice that our clients may or may not sign based on how the last client meeting went. Until we break these two basic molds, marketers will never live up to their potential.
We should hire multi-talented, smart people who are both creative and business savvy. We should work with clients that respect the value of a good strategic partner, but first we must re-earn that title. We still have a lot of work to overcome the Charlatan stereotype that we will do or say anything for money, because the reality is that stereotype is still resoundingly true.
So, why is it that if we are so creative that we don’t focus that energy on our own business model? I have 2 explanations. 1. It’s scary. 2. Most advertising/marketing folks are bad businessmen. They mostly don’t understand it, outside of the context of a brand. If they did, things would be way different.
Hopefully, it’s just the first reason. But I have my doubts.
How the Mighty Fall
It’s called How the Mighty Fall, and it looks incredible. In the context of the current economy, I think it’s perfectly timed and a good shot of inspiration for lots of companies. And for those of us in the marketing arena, I think it’s particularly good to hear the words of encouragement, change and determination for the turmoil we find ourselves in. BusinessWeek did a preview of the book, which you can read here. Here’s an excerpt that explains some of his conclusions:
Never give in. Be willing to kill failed business ideas, even to shutter big operations you’ve been in for a long time, but never give up on the idea of building a great company. Be willing to evolve into an entirely different portfolio of activities, even to the point of zero overlap with what you do today, but never give up on the principles that define your culture. Be willing to embrace loss, to endure pain, to temporarily lose freedoms, but never give up faith in your ability to prevail. Be willing to form alliances with former adversaries, to accept necessary compromise, but never—ever—give up on your core values.
The path out of darkness begins with those exasperatingly persistent individuals who are constitutionally incapable of capitulation. It’s one thing to suffer a staggering defeat—as will likely happen to every enduring business and social enterprise at some point in its history—and entirely another to give up on the values and aspirations that make the protracted struggle worthwhile. Failure is not so much a physical state as a state of mind; success is falling down—and getting up one more time—without end.
- Jim Collin’s new book
