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Another year, another call to agencies to either adapt or die. This time, though, the warning comes not from a headline-chasing marketing director or a parsimonious procurement specialist, but the industry's own trade body.
What makes the IPA's newly published report compelling is that it pulls together a wealth of information to provide a helicopter view of the threats and challenges.
The problem the IPA faces is that many of its member agencies are trapped in organisational structures dating back more than a century. The reinvention initiatives taking place at one-time agency powerhouses such as JWT and Ogilvy show how hard and painful it can be to establish more relevant configurations and change mindsets.
The ideal solution would be to tear up the blueprint and start over. Ideal but impractical. The business cannot reconfigure overnight. But reconfigure it must if it is to continue engaging with consumers who are marketing ...