Vol 3, No. 2
February 4, 2004
 
Greetings,

Do you run your agency like you’re growing flowers or breeding race horses?

The following will make you think about how you approach managing multiple accounts at your agency and probably cause your account leadership and operations people to have some spirited conversations with each other.

Let me know if you agree with the premise.

Joe Grant
joe@joegrantconsulting.com

P.S. This month’s article is a reprise of a piece originally titled Breed for Success which first appeared several years ago in Grant’s Report, our free hardcopy newsletter sent several times a year to agency principals and senior management teams. To subscribe, enter your mailing address [profilelink].
 


 
     Run for the Roses
  Suppose you were in the nursery business. You’d want to produce flat after flat of pretty, healthy plants all about the same size and color. You’d water them the same, fertilize them evenly, and make sure they got consistent sunlight. Your uniform approach would yield predictable and we’ll assume profitable results.

Now let’s imagine you’re in the race horse business. You’d buy and breed only a few horses with outstanding potential, hoping to find that exceptional one that would be a big winner. If you were lucky enough to develop an extraordinary animal you’d pour your resources into it. You’d hire top notch trainers, sign up a world-class jockey, provide the very best veterinary care and so on. You’d invest and re-invest in your highly talented find so it would yield outstanding returns.

I think the agency business is more like breeding race horses than growing flowers…but all too often we treat our thoroughbred account ponies like petunias.

We try to make clients fit into systems and procedures convenient for us. We make them adjust to our estimating and invoicing systems and balk when they request more information or want it in a different form. We expect clients to meet our scheduling priorities…and our creative idiosyncrasies.

Leo (of the agency bearing that name) understood the racehorse idea. There was a time when Burnett strategically chose to house no more than 11 great accounts, each handled befitting the unique bloodline they represented.

During those years they never tried to put the same saddle on different steeds.

We can learn from this, even in small agencies. Critical to your success is engaging people ideally suited to sensing the nuances of individual client needs, functioning like an intuitive equine trainer. With the right kind of handling accounts will grow strong at your agency generating dependable and expanding profits year after year. Managing each like the one-of-a-kind entity it is will yield much better results than sprinkling handfuls of Rapid-Gro across your roster.

Are you willing to let your account folks run the business…and not allow operations-types to ride roughshod over them?

Accounting, traffic, and others with a proclivity for homogeneity need to understand that making a god of uniformity could well prevent the agency from making a run for the roses.

So are you like the gardener managing for normalcy, carefully applying identical amounts of water and fertilizer to each row of flowers for uniform results? Or like the horse whisperer – intuiting subtleties to seamlessly deliver both what your individual client wants and simultaneously giving them what they need.

You gotta decide what kind of business you’re in.

___________________________

  

 

Icons & Mascots

Next time you’re jawing about those great TV mascots (the Hawaiian Punch Guy, the Little Old Winemaker, Josephine the Plumber, etc.) and need to settle a bet, go to TV Acres where you’ll find a fascinating list of critters and characters with bios and history.

 

Reprints, Anyone?

While we’re on nostalgia, we also ran across a site where you can order reprints of literally thousands of ads by category, product, or year. Could be a great resource for new business presentations or to decorate a conference room (who says you can only show your own work?). See Adaholic.



Being Creative

Creative Magazine is worth a look online if you’re interested in recent trends in visual merchandising, POP/S, and promotion.

 

Rant & Roll

One of the more provocative sites we’ve visited in a long time is Adrants, full of cheeky comment on the newsworthy and absurd in the media and advertising industry. Very entertaining and well done.

 

About Grant Consulting

Grant Consulting, formed in 1992 by Joe Grant, is a consultative resource for advertising agency principals who want to improve their companies. The firm works exclusively with senior managers to help them discover and then reach their full potential. Contact us at:
 
Grant Consulting
239.394.8220
joe@joegrantconsulting.com
www.joegrantconsulting.com

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