New Business Growth for Advertising and Marketing Agencies | Sanders Consulting

New Business Growth for Advertising and Marketing Agencies

  • Home
  • Blog
  • About
    • Testimonials
    • How to Engage
    • History
    • Energize Your Meeting
  • Challenges
    • New Business Challenges
    • Independent Agency Networks
    • Mergers & Acquisitions
  • The Training
    • DayOne
    • Brand Retreat
    • Chemistry Wins New Business
    • Spark | New Business System
    • Silver Bullet For Winning New Business
    • Torch
    • Presenting to Win
    • High Ground | Brand Consulting
    • High Gear
    • Sr. Mgt New Business Training
    • Account In Review
  • The Results
    • Structure Can Be The Enemy
    • Small Ad Agency Learns Harsh Lesson
  • Contact
  • May 18, 2013
You are here: Home / Archives for Teamwork

Take Care of Your Own: Leadership!

May 23, 2012 By NewBusinessHawk

In this tough economy, employee training and development is the last thing on your mind.

Don’t let fear paralyze your firm. Take action and get on the right side of the changes.

In fact, how many times have you thought or said to someone, “You should feel lucky to have a job.” Is this the attitude you want to project at your agency? Fearful of the future, you may feel reluctant to add more staff even if new projects, client work, and prospects are on the horizon. Your employees, also fearful, are hanging onto their jobs with every ounce of strength even if they are unhappy. You may have even resorted to more cost-saving strategies by cutting your own pay, eliminating perks, and slashing operating costs trying to squeeze every nickel out of your budget.

During this fallow period, however, you must never lose sight of the critical role employee development plays for an agency—especially YOUR agency.

Eventually, and we’re starting to see some signs now, the economy will rebound. And then many, many people will leave their jobs in the hopes of greener pastures, to improve their reel, to find better benefits or better pay. Or they may leave just to help them forget the unhappy past at your agency and move on…

But, with the right planning and foresight, this does not need to happen to your marketing firm.

There are some practical strategies for building continued morale, engagement, and growth for times good and bad. How?

5 Leadership Strategies To Transform Your Firm

1. Stress open and frequent communication:

  • Be sure to hold effective agency meetings, briefings and update sessions
  • Schedule regular Q&A’s with groups and departments
  • Simple and consistent works better than complex and infrequent (KISS)
  • Recognize positive movement
  • Identify quick wins and implement them NOW!
  • Look for opportunities to help solve issues
  • Share good news with everyone

2. Take strong action that directly impacts agency morale:

  • Celebrate the work and the people behind the work
  • Select great plans, creative ideas, strategies and showcase them
  • Look outside the agency for trends and hold round-robin learning sessions
  • Provide training to introduce new competency requirements
  • Recognize extra effort spent
  • Provide support and offer rewards (simple non-monetary works well)

3. Enlist your up-and-coming leaders. Possible roles and responsibilities include:

  • Facilitating the day-to-day direction of agency projects
  • Meeting the goals for the client, agency, and individuals
  • Coordinating training and development programs for staff
  • Monitoring overall budget/profit & loss for the client
  • Facilitating communication between departments and leaders
  • Calling and facilitating meetings
  • Forecasting material, human, and technical resource requirements relative to projected workloads

4. Deploy cross-functional teams to work on achieving agency goals and specific, longer term issues:

  • Streamline your processes and workflow
  • Implement new technology/social media to promote your agency
  • Discover new ways, new tools, new resources to train employees
  • Revisit your performance criteria and incentives ensuring they are inline with your brand and operational strategy
  • Redesign your space and facilities – think about workflow, logistics, and never forget the importance of setting up a powerful tour

5. And finally, treat everyone with respect and honesty. They won’t forget that.

 

Strong Leadership Transforms Your Staff

If agencies want to move from client conference rooms to client boardrooms, then major shifts are needed. Essentially agencies must shift from worrying about ads to worrying about the client’s business. Give us a call to see how focusing on skill development  and leadership can transform your firm from talking about advertising to talking about strategies that drive business. This shift transforms the agency from a marketing communication vendor to trusted advisor with an honored place in the boardroom. But it all starts with leadership. This isn’t about looking at old problems from the same angle. We offer a fresh perspective and new ways to improve your agency’s performance with clients.

Photo by *xOxChrystalxOx
Filed Under: Leadership Tagged With: Account Executive Training, Account Management Training, Account Manager, Ad Agency, ad agency leadership, Ad Agency Training, Advertising, Client Bonding, client retention, Client Retention Strategy, Client Service Training, Improve Client Service, Keep Clients, Keep Clients Forever, leadership, Marketing, Marketing Decline, Negotiation, operations, Teamwork, Training

Winning New Business Tips, Tools and Ideas!

New Business Hawk Blog

Select A Growth Plan That Hits The Target

Learn How Agencies Grow By Outscoring Their Competition With … [Read More...]

5 Most Common Mistakes in New Business Outreach

Outreach is vital for new business, building awareness about … [Read More...]

Plan To Win: A Winning Strategy

It’s funny how something small can remind you about an old … [Read More...]

Mirror Mirror: Why Agencies Need To Evaluate Their Own Image

Today I'm happy to bring you a guest post from Natalie … [Read More...]

How To Be A Better Creative Firm

In a post by Anita Zanesco, a Senior Consultant at … [Read More...]

What Are The Real Assets In Your Marketing Firm?

Outward vs. Inward Leadership If you want something to … [Read More...]

12 Winning the Pitch Presentation Rules

If you put good people in bad pitches you lose. Train a … [Read More...]

The Beginning of the Digital Kaboom!

“Where’s the kaboom? There was supposed to be an … [Read More...]

New Business Can Be Very Profitable To An Agency – But You Must Invest First!

New business takes a toll on agency resources including … [Read More...]

A call from an old friend, new business, and how to win!

It's funny, after awhile you forget some of the great … [Read More...]

Latest Tweets

  • The New Business Daily is out! http://t.co/jhNZZ04w0A ▸ Top stories today via @StellaPop @BroganPartners @michaelgass about 14 hours ago
  • The New Business Daily is out! http://t.co/jhNZZ04w0A ▸ Top stories today via @1MattHopkins @rosskimbarovsky @PhiladelphiaAMA about 2 days ago
  • The New Business Daily is out! http://t.co/XaQOpvS0x0 ▸ Top stories today via @AdvWestMoto @wmagency @jrridinger about 3 days ago
  • http://www.twitter.com/newbusinesshawk

Search

Tag Cloud

Account In Review Ad Agency ad agency branding ad agency business ad agency leadership ad agency new business Ad Agency Training Ad Agency Winning New Business Advertising advertising agency consultant advertising agency consultants advertising agency new business agency leadership Agency New Business Agency Positioning Agency Search Agency Shoot Out chemistry wins new business Client Bonding client retention Client Service Training Formal Presentation How To Win Clients Keep Clients Forever leadership leading ad agencies Marketing Marketing Decline marketing for a new business Negotiation New Business new business agencies new business agency new business training operations pitch consulting Pitch Training Presentation Strategy Presentation Tactics Presentation Training Presenting Techniques standing out Winning Formal Presentations Winning New Business winning the pitch

Archives

More Articles:

EvanCarmichael.com

Return to top of page

Copyright © 2013 Genesis Framework · WordPress · Log in