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Why are agencies struggling to drive digital business strategy?
As we move into the digitally connected age, progressive brands are moving digital beyond the marketing team and into the boardroom. With the growth of Labs programmes, Accelerators and Lean products, many agencies digital offerings are looking increasingly irrelevant. We’ll look at the trends, tools and models that agencies can use to maintain their role as a trusted strategic partner.
As we move into the digitally connected age, progressive brands are moving digital beyond the marketing team and into the boardroom. With the growth of Labs programmes, Accelerators and Lean products, many agencies digital offerings are looking increasingly irrelevant. We’ll look at the trends, tools and models that agencies can use to maintain their role as a trusted strategic partner.
5.
1995 2000 2005 2010 2015
ACCESS INFORMATION EXPRESSION CONVERSATION CONTEXT
CONNECTING
PEOPLE
CONNECTING
PRODUCTS
CONNECTING
EMOTION
CONNECTING
INFORMATION
CONNECTING
COMPUTERS
We are leaving the age of conversation
10.
Story factories for content
Native creators Newsrooms
11.
Internal Labs programmes
American Express International Labs Walmart Labs
12.
External accelerators
“Most accelerators provide a stipend or small seed investment, mentoring, and workspace and professional services
in exchange for an equity stake in the company. Typically the equity investment is around $25,000 and the equity
stake is roughly 6 percent” Techcrunch report on http://yael-hochberg.com/rankings.htm
Barclays Accelerator John Lewis Accelerator
16.
Develop a more valuable offering
THE CENTRE OF THE MARKET IS CROWDED AND LOW MARGIN,
BRANDS CAN DO “DIGITAL BASICS” IN-HOUSE
“Front of the train is less crowded” Russell Davies, 2007
17.
Three focus areas for digital leaders
Business Strategy
- Understand the business drivers, threats and adjacencies
- Engage the startup community: Partner / Acquire / Destroy
Organisational Strategy
- Digital management consulting
- Rewiring the business 70 / 20 / 10
Marketing Strategy
- Ecosystems: challenger mindset, iterate ahead
- Content: native formats, makers & influencers
18.
thank you
Digital Strategy Consultant
@iancrocombe
icrocombe@gmail.com
00 44 7932 00 41 01