MUMBAI: Recognizing the increasing influence of India in the world of advertising, the second ever meeting of the Lowe Worldwide Board under the new global management is scheduled in Mumbai from 15 – 17 November, 2005. This is the first time that Lowe Worldwide board is meeting in India.
Lowe Worldwide president and CEO, Tony Wright, will chair the inaugural session of the meeting.
The theme of the meeting ‘Reach without Compromise’ is inspired by the longer-term vision for Lowe Worldwide, which is rapidly acquiring the stature of the ‘Next Generation Growth Network’.
According to the new vision, the agency’s strategy is based on four key pillars: global network, brilliant creativity, holistic marketing solutions and people and operational leadership.
Earlier this year, Lowe Worldwide restructured its network into a Core Global Team, where the entire world is clustered into 12 Lighthouse units. Each of these units will manage countries in their areas of influence. Core Account Teams will service global clients like Unilever, Johnson & Johnson, Nestle, Novartis, General Motors, Electrolux, Nokia and so on.
As part of this structure introduced earlier this year, Lintas India stands tall as one of the 12 lighthouses covering South Asian countries like Pakistan, Sri Lanka and Bangladesh. The new structure works to eliminate bureaucratic systems and regional management; pools resources, talent and processes to deliver a leaner, more effective and cost-efficient best-in-class service to clients.
Lowe Worldwide has identified India, China, Latin America and Eastern Europe as the core components of its growth strategy going forward.
Among these priority areas, Lowe’s presence in India through Lintas India has had a history of success over the years. Lintas India has also evolved as a ‘Centre of Excellence’ and a model agency in the Lowe global system. It is, in this context, that the Global Management Board Meeting has been scheduled in India for a mutual sharing of experience against the backdrop of Planning sessions for 2006 and beyond.