The past few weeks of my life have been dominated by talk of the future. First, I was invited to speak at a Creative Social event titled: The Future. My topic of science fiction trend spotting was a breezy romp through artificial intelligence, robots and automated cars (on reflection, all technologies of today).
Days later, there was such blanket coverage of Back to Future day that only the most committed future-denier can be left in any doubt as to the current state of hoverboard innovation. I was left thinking that that we are living in the future now.
The debate about the future of advertising agencies always highlights what we should be doing for our clients now. The MAA Agency Futures group recently shared some stark truths about our industry: 58% of clients have in-house agencies; average agency tenure is less than three years (versus seven years, 30 years ago); and while 90% of agencies believe they understand their clients’ businesses, only half of clients concur. Agencies doing the same old thing simply have no future.