Wieden & Kennedy's Goals For 2009

target.jpg

Everyone has a goal for 2009. Mine is to stay employed. What's your goal? Does your agency have any ready for tacking to your cube walls? Let us know. Wieden + Kennedy London has loftier planning ambitions. You can see them below and after the jump. They are all the usual suspects: do good work, keep clients, etc. and blah. Number 6 caught my eye as good business rather than mantra lip service - "maintain a healthy 20% profit margin." Hell, someone has to be looking at the bottom line. In fact, everyone should. Maybe that's why W+K hasn't had a round of serious layoffs yet.

1. Continue to try to do the best work of our lives, across all clients

Still job number one. Partly because great ideas are what businesses need in tough times. Partly because to build our own business we to be seen to do work that is talked about in our industry and in the wider culture. Partly because it what we choose to do.




2. Make ourselves indispensable to our current clients.

We have a roster of fantastic clients. Some of the most admired companies and brands in the world. We shouldn't forget that we're lucky to have them. That means we need to focus on retaining all of them, deepening our relationships with them where possible, understanding their business issues and helping them to succeed in this extraordinarily tough climate.

3. Attract and develop the world's best talent

That means finding some new stars, motivating and training our own people. It means training people from just thinking to 'thinking and doing'. Also means providing diversity and fluidity of work to people - making sure they are't consumed by one client. Though money will be tight this year, we are committed to investing in our people to help them become more useful and more valuable to us and to our clients.

4. Win high quality new business on our own terms

New biz criteria and goals to include:
Good companies, with which we are proud to be associated

People who are passionate about what they do

People we admire and want to spend time with

Opportunities to learn

Opportunities to do things we’ve never done before

Things that our people will love to work on

Business on which we can make a fair return.

5. Innovate in what we do and how we do it

We have some specific plans in this area to be announced later. And beyond this we want / need to continue to push to be at the cutting edge of what an agency can create and become. Partly because that will differentiate us vs our competitors, partly because it will benefit our clients and partly because we find the edge a more interesting place to be than the middle of the road.

6. Maintain a healthy profit margin at 20%

Profitability isn't our primary goal. But without it, it becomes very hard to have the freedom and independence that we enjoy. (And profit helps when it comes to discussing pay reviews.)

7. Do more good in our community

Continue to do stuff like Broadway, Spitalfields Music, working with Old Spitalfields Market, TIE, etc.

8. Re-invigorate the office environment to provide a stimulating and inspirational work place

Our new space across the road will be part of that. But for all our space, we mustn't forget that the culture and environment of this place is what makes it (according to Campaign) the best agency in town to work at.

That's the plan. Now we just have to get on and do it.

New from mediabistro.com

20 Tips in 20 Minutes
mediabistro.com's PR Speaking Series: Online & In Person

The phone rings. It's CNBC. They want your CEO in the studio and on air. In three hours. Oh, and your CEO has never done a broadcast interview. What do you do? Find out at our new monthly breakfast speaking series for PR and marketing professionals, "20 Tips in 20 Minutes." Our next topic is "Media Training: How to Prep Your Company, Client, and Yourself for Interviews," with Garrett Glaser, former CNBC and MSNBC.com reporter and founder of Glaser Media LLC at 9am on Thursday, February 18. Join us for breakfast or watch the live webcast from your desk. Click here to sign up and view the full schedule of topics.

Email This Post

Fill out the following information and click on the Send button in order to send this post, Wieden & Kennedy's Goals For 2009, to a friend.
Friend's name
Friend's email address
Your name
Your email address
Note to your friend (optional, max 200 Characters)

Read more on AgencySpy >

Inside Your Agency. Deep Inside

AgencySpy in Your Inbox
Our Blog Network

BayNewser

WebNewser

TVNewser

PRNewser

FishbowlNY

FishbowlDC

FishbowlLA

MediaJobsDaily

GalleyCat

eBookNewser

UnBeige

MobileContentToday

AgencySpy

AgencySpy Editors
Matt Van Hoven
AIM/Twitter: agencyspy

Kiran Aditham
AIM/Twitter: PvnkFreud

Tipline:
212.547.7935

Email AgencySpy

Follow AgencySpy
Topics

2008 Prez Election

About

About Us - Modules

Aegis

Agencies

Agency.com

AKQA

Ambient

Anomaly

Arnell

Arnold Worldwide

Avenue A/Razorfish

Awards

Bartle Bogle Hegarty

BBDO

Berlin Cameron United

Blind Item

Booked

Boutique Call

Brands

Broadcast

Campaigns

Campbell Ewald

Carat

Celebrity

Comment of the Day

Conferences

Craigslist is Your Hero

Cramer-Krasselt

Crispin Porter & Bogusky

DDB

Deep Focus

Dentsu

Designing (Wo)Men

Deutsch

Digitas

Doner

DraftFCB

Droga5

Element79

Enfatico

EuroRSCG

Fallon

Gaming

GlobalHue

Go Twitter, Go

Goodby

Grey Worldwide

GroupM

GSD&M

Ha!

Hal Riney

Hot Ad (Wo)Man Of The Day

I Have Twatted

Interpublic

J. Walter Thompson

Kirshenbaum Bond

Leo Burnett

MadMen, The Musical

Martin Williams

McCann

Mcgarrybowen

MDC Partners

Media Beat

Media Buying

Mediabistro

MediaVest

MindShare

Mobile

Mother

Moving Pictcha

Mullen

Music!

Naked

News

No Wukkas - The Job Hunt

Ogilvy

OMD

Omnicom

Online

Op-Eds

Outdoor

Party Party!

People

PHD

Planning/Consumer Insights

Poke

Print

Publicis

R/GA

Raw and Uncut

Razorfish

Reading List

Saatchi & Saatchi

Social Media

Spot Runner

StrawberryFrog

Stupid Intern

Sustainability

Target

TBWA/Chiat Day

Television

The Martin Agency

The Menu

The Richards Group

The Spies

The Super Bowl

Tribal DDB

We Hear...

Week in Advertising

What The...?

Wieden & Kennedy

WPP

Young & Rubicam

Links

mb News Feed
5 Blogs Before Lunch
AdAge
AdForum
AdFreak
AdLand
Adomatica
AdsOfTheWorld
AdScam
Adverganza
Advergirl
Adweek
Denver Egotist
Illegal Advertising
Mediaweek
MyOpenKimono
The Toad Stool
Please Feed the Animals
TribbleAgency

Archives

February 2010

January 2010

December 2009

November 2009

more...


Job Listings

Featured Listings

Business Development Director, Custom Research
Independent Marketing Research Company
Los Angeles, CA

Account Director
Marketing Drive, LLC
Boston, MA

Assistant Account Executive
Marketing Drive, LLC
Boston, MA

Artist Management/Public Relations
Creative Exchange Agency
New York, NY


mediabistro.com l Member Benefits l Jobs l Freelance Marketplace l Courses l Events l Forums l Content
mediabistro Blogs: Media News l TVNewser l GalleyCat l UnBeige l FishbowlNY l FishbowlLA l FishbowlDC l PRNewser l AgencySpy
MobileContentToday l WebNewser l BayNewser l eBookNewser l MediaJobsDaily l mbToolbox
Site Map l Advertising/Sponsorships l Partners l About Us l Contact Us/Help

WebMediaBrands
mediabistro learnnetwork freelanceconnect SemanticWeb
Jobs | Events | News
Copyright 2010 WebMediaBrands Inc. All rights reserved.
Advertise | Terms of Use | Privacy Policy