How big can companies change from end to end? This question becomes essential and central to any organization in the technological age.
To become fast and relevant companies and organizations need to implement changes and make tough decisions in order to implement innovation. All this to survive against the day-to-day startups that are born with DNA that might never be infused into traditional organizations.
Many large companies have realized that they cannot implement innovation, so they have found a solution that in most cases does not prove itself: they acquire innovative companies in the hope that these will make the organization innovative. Others are setting up a subsidiary or innovative unit, which will operate connected or detached from the organization, and will be able to operate and develop future activities. The challenge in this situation is that the innovative parts of the organization are silenced by the existing ones, and most investments go down the drain. This situation is an accurate description of what is happening in the Israeli advertising market.
In the traditional creative world, everything came first and determined how the whole system would work to serve the idea. The 4 P’s are actually set to serve and support the creative idea and once the idea is chosen (and most often the advertising agency also manages the budget). The goal was actually achieved and now only the marketing plan – and hope for the best – remains.
The decision on creative and its effectiveness, astonishingly, was made from the stomach, sometimes without any backing or numerical backing, and as the years passed, the creative decision gained excess weight by meeting the criteria of award competitions in the advertising world. The traditional offices that have always aspired to excellence, which is of great value, have built and built the creative to win competitions, all of which lean on the old world and gut feelings. Over the years, the world of advertising has become digital, and such tectonic changes have brought it to the forefront, exploring the effectiveness of the creative to bring sales results and just as important – to build the brand in the long run.