Tag: MediaCom

  • We are very choosy when we hire people: Gaurav Hirey

    We are very choosy when we hire people: Gaurav Hirey

    Founded a decade ago, WPP Group’s biggest media agencies came under one umbrella to form GroupM and since then there has been no looking back. In India the agency has been crowned as the ‘Dream company to work with’ as well as ‘Dream employer of the year’; with over 1300 people spread across 10 cities and have 20 offices and growing each day!

     

    With the appraisal season on, Indiantelevsion.com’s Meghna Sharma caught up with GroupM South Asia chief talent officer Gaurav Hirey to know more about the machinery that runs the agency.  He has the expertise of around 20 years in talent management and believes himself to be a game changer who brings innovative full impact talent initiatives to life and helps organisations leverage their most important resource – their people – to be the best that they can be.

     

    What makes GroupM the dream company to work for?

     

    Our people make GroupM a “Dream Company”. It is our talent vision to make people our unfair advantage in the marketplace by being not just the best place to work in but the place where the ‘best’ work.

     

    We do not have one single employee value proposition we have six. These are five agencies Mindshare, Maxus, Mediacom, MEC and Motivator and GroupM as the conglomerate. It has been our ability to define our Employee Value Proposition clearly and manage it well which recently earned us the title of “Dream Company to work for” in 2014.

     

    Whether it is having an opportunity of being a part of the Youth Executive Committee (YCO) and working with the best in the industry, or getting a paid holiday on your birthday or being able to have access to a bouquet of learning and capability options or selecting a career path and growing within the company, GroupM as an organisation is able to provide options to our employees at each and every stage. We are a place where we don’t just offer jobs we offer careers!

     

    GroupM was also named ‘Dream Employer of the Year’ in India. How do you choose the talent?

     

    Selectively! We are very choosy when we hire people. 

     

    GroupM is a group of five media agencies and each of these agencies have defined a set of behaviours that they believe in coupled with their client and employee proposition. We match the candidate to these behaviors arriving at a best fit for the candidate not just from a role perspective but also from an agency perspective thus giving the candidate the best possible opportunity to succeed.

     

    How different are your HR policies from the others?

     

    As any responsible corporate, we do have the typical, run of the mill HR policies. However The GroupM Talent function is always striving to ensure that we build policies keeping our employees at the centre of everything we do. Principally we customise all our initiatives to what the business needs rather than focusing on doing HR for the sake of HR.

     

    For example, we have an office policy that states clearly that office times are 9:30 am reporting to 6:00pm. However we allow complete flexibility to managers and teams should they decide they want to stick to these times or need flexibility. We do not in most cases behave typically like companies who deduct leaves and salary for those who report in late to work in spite of working late the previous day! 

     

    Any special benefits or incentives for the employees?

     

    We have several benefits which are a first within the media planning industry.  We offer outpatient support to our employees and they can claim medical expenses up to a certain amount.

     

    We also insure the lives of our employees for four times of their annual compensation so that it secures their families in case of any serious event. We offer hospitalization and medical insurance to all our employees and their immediate family members.

     

     In terms of absolute rewards we have made our employees our partners in growth and most of our employees are eligible for variable pay depending on their and the company performance in addition to the base salary that they take home. We also have an online system that allows all our employees to be recognised and rewarded! They are eligible to earn stars and then redeem them online for a host of benefits!

     

    Our endeavour at all times is to ensure the welfare of our employees and ensure that they feel they are appropriately compensated for their efforts at work.

     

    What are the various capability-building initiatives undertaken by the agency? What is the frequency of such initiatives?

     

    There is an enormous focus on capability building within GroupM. Within the media industry one of the most common feedback that you get about GroupM is that they build careers of their employees and training is one of their biggest tools. We have an in-house trainer pool of over 45 trainers. This group is called the Aspire team and on an average every employee in GroupM gets about four man days of training.

     

    Aspire does an annual training needs assessment post which the training calendar is prepared. We have a huge focus on training team managers and leaders and we make a considerable amount of effort ensuring that our people are best equipped to handle their roles. We also focus on customised training and personalised executive coaching to those who need them.

     

    Other than the above we offer various external, regional and global training programs conducted by our global and regional partners and by WPP our parent organisation.

     

     How well-functioned is the grievance cell?

     

    We believe in constant and two way communication with our employees. Open Houses and town halls are a norm and our senior managers make it a point to stand there with our employees and communicate to them very transparently what is happening within the company and how the business is performing on a regular basis. During these interactions employees are free to voice their concerns and we address each and every one of them. 

     

    We also have a “Post Box” which is present in every office that allows employees to write not just about their grievances but also share ideas and suggestions. The best ideas get implemented and the employee who has shared theta gets recognised and rewarded. 

     

    We maintain a continuous feedback system within GroupM, for all new joiners we have a breaking in feedback , a six monthly feedback and an annual feedback which is captured and actioned on. On an annual basis we have an employee satisfaction survey that is conducted not just in India but globally to hear what our employees are saying and post the results of the survey we implement action plans for those areas that employees have pointed out need addressing.

     

    Our leaders operate on an open door policy and team members know that they can walk in to anyone and speak about their concerns in addition to this at any point they have an open option to walk up to any HR team member and speak to them if their  issues are not addressed. We are firm believers of active engagement at all times.

     

    At GroupM we believe that we are in the business of people and it is they who will lead us to creating client delight and they can do so only once they are delighted. To achieve this we believe constant and continuous two-way communication is essential to delivering value to our clients through our people! Our people know that there opinion counts and what they say matter to us!

     

    In today’s world when there are too many opportunities available, how do you retain talent?

     

    It is our belief that gone are the days when you could hire someone and he/she would work all their life for you! Today we consider ourselves as borrowers of talent. People will stay with you only once they are clear about what is in it for them! It is our ability to be able to articulate this clearly that has helped us retain our talent. GroupM and the agencies have the lowest attrition in the media industry in India and this is all thanks to our leaders who have walked the talk and ensured a transparent and an open environment for our people.

     

    During economic slowdown, did the agency let go of any people? If yes, then how many and at which level?

     

    We generally have been a cost conscious company. We believe that if there is an investment that has to be made it needs to be rational and logical. I still remember the high level meeting of the executive committee that was called when we realised that the economic environment globally had taken a dive. There was a complete consensus across the room that we will make it work and that none of our employees will be let go. HR embarked on a project that helped us re-profile and reposition our client teams and structures allowing us to ensure that every employee was gainfully employed and contributed to the organisation. In fact that year, not only did we close with a growth number but we also managed to recognise and reward our employees. I am extremely proud of the fact that in spite of the tough times as an organisation, the leadership team was able to place our people right at the top of our priorities and we were able to ensure continuity for each and every employee of GroupM! We did not let go of anyone.

     

    How does the appraisal system work in GroupM?

     

    We have an online appraisal system at GroupM for all our business units. We follow the management by objectives system, there are two parts, the first part consists of setting SMART objectives and the second part accesses the team member with regard to the behaviours/values of the agency or the business unit the team member belongs to.

     

    We ensure that managers have a conversation and there is a sign off from both the team member and the appraiser thus ensuring alignment on the final rating that is received by the team member. We have recently started getting our team members to also rate their appraisal performance as we believe that managing performance is an ongoing and continuous process and we would like our managers to be better at it.

     

    For leaders and senior managers we also conduct a 360 degree evaluation where even the team members get an opportunity to give feedback to the managers.

     

    According to you, what is the biggest HR issue gripping the corporate in the country?

     

    The issue that really keeps me awake these days is on how we can engage the millennia’s and get them to stay with us to build a career. Given that today the motivations of youngsters are very different and they are looking for fast growth, it is a challenge to be able to manage their expectations. The organisation of tomorrow is going to be built on their shoulders and if we are not able to engage, retain and grow them then that would affect us and our business. Even though we enjoy the lowest attrition rates across the media industry, I yet get worked up when I see youngsters joining us and leaving us in a short time. 

     

    We have rolled out several initiatives to engage them and get them to participate in decision making. The most talked about initiative has been the Youth Committee of GroupM where we have displayed the will to take participative management to the next level and give the youngsters a voice in organisational decision making. I am optimistic that with such initiatives like the YCO we will be able to retain and grow young talent within our agencies!  

     

     What is your take on revision of HR policies to cater to employees’ needs? Have any of the policies changed to suit the employees? (Give examples)

     

    Any policy that does not address an employee’s need is there just to be filed and kept in a policy manual with no impact!  HR policies have to be treated as guidelines and they need to be reviewed periodically. As a practice we do this once in two years and make the changes necessary. Like I mentioned we changed the working hours policy and empowered our unit heads to decide how they need their teams to operate. Similarly we also changed the leave policy to ensure that employees take their annual leave compulsorily ensuring a healthy work life balance. Customizing policies to meet the employee and business need is critical to the very existence of the policy without it, it’s just a piece of paper that gets filed in!

     

    One HR policy you are really proud of and why?

     

    There are several but one that I am particularly proud of is the policy of Holidays on Birthdays!

     

    This is because it was suggested by our Youth Committee (YCO) last year and was implemented immediately. The policy clearly states that you can take paid leave on your birthday no questions asked. It is simple and completely empowering, just like many other initiatives/policies in GroupM which allow our employees to decide for themselves!

  • Razorfish hires MediaCom’s Vik Kathuria as global chief media officer

    Razorfish hires MediaCom’s Vik Kathuria as global chief media officer

    MUMBAI: Razorfish, a digital and technology agency, has appointed Vik Kathuria as global chief media officer.

     

    Kathuria will report directly to Razorfish’s Global CEO Pete Stein.

     

    In his new role, Kathuria will be responsible for leading the agency’s 300 media employees worldwide, driving Razorfish’s exclusively digital media strategy—from its executive level partner relationships to its proprietary data solution infrastructure—and overseeing a global client roster that includes DHL, Starwood, HSN and Best Buy. He will also be involved in further strengthening and aligning Razorfish’s global media practice and commanding significant new business efforts.

     

     “As we continue to evolve our global media offering and educate clients on the need to employ a digital-centric approach, it is essential we have a leader poised to take us to the next level,” said Stein. “Vik’s experience lies in negotiating digital media strategies that maximize brand investment. He has what it takes to further progress our team, support our shift to programmatic buying and foster our culture of innovation and optimization.”

     

     “Razorfish’s media practice is excelling at a time when many agencies in its position are stagnant,” said Kathuria. “My entire career has been comprised of helping brands and agencies identify progressive integrated media strategies that accelerate ROI. As Global Chief Media Officer I am excited to support Razorfish as it further amplifies an already superior offering.”   

     

    A 20-year industry veteran, Kathuria most recently served as global head of digital investment for MediaCom, one of WPP’s leading media agencies under the GroupM umbrella. In this position, he was tasked with establishing network-wide best practices, leading relationships with global publishers and driving multi-market client negotiations. Prior to joining MediaCom in 2008, Kathuria was senior vice president of digital media for OMD and served in senior global marketing positions at Citigroup (New York) and PepsiCo (Singapore). He is the recipient of numerous awards including being named an “Agency Innovator” by Internationalist Magazine and one of Cynopsis’ “Most Intriguing People” in 2013.

     

    Kathuria will begin working out of the agency’s New York City headquarters immediately.

  • MediaCom appoints Rathi Gangappa as head west

    MediaCom appoints Rathi Gangappa as head west

    MUMBAI: MediaCom has brought on board Rathi Gangappa as head west.

     

    She will report to MediaCom India MD Debraj Tripathy and will oversee P&G along with rest of the west businesses that include the VW group, HRI, Vespa and others.

     

    Tripathy said, “I am delighted to welcome Rathi to the MediaCom family. I am confident her varied experience across organisations, both agencies and advertisers, and across categories will help us deliver greater value to our clients. I wish her the very best for a long and enriching career with MediaCom”

     

    Prior to joining Mediacom, Gangappa was at Vodafone as the head of media and was subsequently in charge of developing Vodafone’s mobile marketing product. She has been instrumental in building Vodafone’s leading media identity and driving their strategic media solutions.

     

    Gangappa started her career in Lintas Media after which she moved to Maximize (now Maxus) when GroupM India was formed. In a career spanning over 18 years, Gangappa has worked with clients like Unilever, Hutch/ Vodafone, Tata Motors, Britannia and Walt Disney.

     

    Gangappa said, “I am excited to be joining the talented team at Mediacom and working with some of the most prestigious brands in India. MediaCom has been growing fast and has produced some of the best work in the industry. It is a challenge to keep up the pace and I am looking forward to it.”

  • Nat Geo kick starts the second season of  ‘Covershot’

    Nat Geo kick starts the second season of ‘Covershot’

    MUMBAI: The only reality TV show on photography is back! Nat Geo’s ‘Covershot’ franchise returns with its second season in a brand new avatar to unlock ‘Mission North-East’. And to get the season off to a grand start, National Geographic Channel has organized a photo exhibition of the masterpieces clicked by last year’s contestants.

    Targeting leading agencies, such as Group M, Madison, ZO, Starcom, Lodestar and Mediacom, across Delhi and Mumbai, from 27th January to 4th February for the photo exhibition, Nat Geo aims to create a buzz and conversation-starters around the very coveted, aspirational field of photography and their hugely successful ‘Covershot’ property in its latest season. While the exhibition in itself is a treat for the layman and photography enthusiasts alike, what comes across most poignantly yet again is the fact that the show served as a brilliant platform for amateurs to showcase their talent. And in addition to the more obvious attractions, at a time when National Geographic Channel is primed to launch one of its biggest properties for the year, the photo exhibition stands out as a pertinent, yet engaging go-between to reach out to multiple stakeholders, including their key partners.

    Commenting on the importance of engagement through varied approaches, Ms. Debarpita Banerjee, VP, Marketing, National Geographic and FOX International Channels, said, “When the show itself is such a visual treat, the best way to announce the launch would but naturally be through its visuals. A walk down the exhibition aisle would demonstrate the length and breadth of talent showcased on Covershot.”

    10 exciting episodes, 10 illustrious contestants, 1 cut-throat competition – ‘Nat Geo Covershot: Mission North-East’ will take you on the exquisite north-eastern trail this season, with host Shibani Dandekar and judges Rajiv Laxman and Lana Šlezi? – launching early April.

     

  • R K Swamy Media Group picks Vinish Joshi as VP- North & East

    R K Swamy Media Group picks Vinish Joshi as VP- North & East

    MUMBAI: Vinish Joshi has joined R K Swamy Media Group as vice president of North and East.

    He will be responsible for the integrated media offering of the company in these regions.

    Based out of New Delhi, Joshi will be a part of the management team at R K Swamy Media Group.

    R K Swamy Media Group president Sandeep Sharma said, “We look forward to Vinish strengthening our Delhi and Kolkata operations and growing the business. His marketing and media agency experience along with his understanding of digital media will help in enhancing our integrated media offering to clients.”

    Joshi said, “I am delighted to be given this opportunity and look forward to be part of an agency that has a clear vision of growth and a result oriented culture.”

    Joshi has over 19 years of experience having worked with Shaw Wallace,ABP and Spicejet on the client side and JWT, Lintas, Mediacom on the agency side.

    In his last assignment he was heading the Mediacom Delhi office for over six years.

    For the record, R K Swamy Media Group comprises of four units – Media Direction, Digital Direction, Hansa Media and Hansa Outdoor.

  • WPP Q1 2013 revenues grow 6%; looks to maintain tempo

    WPP Q1 2013 revenues grow 6%; looks to maintain tempo

    MUMBAI: Sir Martin Sorrell‘s charge is doing very well, thank you. Take a dekko at the Q1 2013 financials that the global advertising and marketing leader WPP has posted. Revenue growth is at 5.85 per cent, which seems not much, but it is far better than some of its peers‘ performances (Omnicom at 2.8 per cent and IPG at 2.4 per cent). Revenues were at ?2.53 billion as against Q1 2012‘s ?2.39 billion.

    On a like-for-like basis, excluding the impact of acquisitions and currency fluctuations, revenues were up 2.1 per cent with gross margin up 1.9 per cent compared with the same period last year.

    North America led the media communications conglomerate‘s growth by contributing 35 per cent of the total revenue pie followed by the Asia Pacific, Latin America, Africa & Middle East and Central & Eastern Europe region at 29.1 per cent. Western Continental Europe accounted for 23.4 per cent of WPP‘s Q1 2013 revenues while United Kingdom pitched in the rest 12.5 per cent. The UK and the Asia Pacific Asia Pacific, Latin America, Africa & Middle East and Central & Eastern Europe region were the only two regions which showed a growth in share of the revenue pie.

    Business sector wise, advertising and media investment management continued to be the strongest sector accounting for 40.8 per cent of the total revenues, followed by branding and identity, healthcare and specialist communications with 27.3 per cent, while consumer insight and public relations and public affairs made up 23.2 per cent and 8.7 per cent respectively.

    In line with the group‘s strategic focus on new markets, new media and consumer insight, WPP completed 13 transactions in the first quarter. Nine acquisitions and investments were classified in new markets (of which eight were in new media), two in consumer insight, including data analytics and the application of technology and two driven by individual client or agency needs.

    Specifically, in the first quarter of 2013, acquisitions and increased equity stakes have been completed in advertising and media investment management in Canada, Colombia, Hong Kong, Indonesia, Myanmar, Philippines and Thailand; in consumer insight in the United States and Myanmar; in public relations and public affairs in China; in direct, digital and interactive in the United States, the United Kingdom, South Africa, Turkey, Argentina, Brazil, Colombia, Uruguay and Australia, says the media group‘s release.

    WPP gained a total of ?940 million in net new business wins (including all losses) in the first quarter, compared to ?1.159 billion in the same period last year and in line with the quarterly average in 2012 of approximately ?940 million. Of this, JWT, Ogilvy & Mather, Y&R, Grey and United generated net new business billings of ?281 million.

    Also, out of the group total, GroupM, its media investment management company,which includes Mindshare, MEC, MediaCom, Maxus, GroupM Search and Xaxis, together with tenthavenue, generated net new business billings of ?465 million ($743 million).

    In its financial guidance for the rest of 2013, WPP says “our prime focus will remain on growing revenues and gross margin faster than the industry average, driven by our leading position in the new markets, in new media, in consumer insight, including data analytics and the application of technology, creativity and horizontality. At the same time, we will concentrate on meeting our operating margin objectives by managing absolute levels of costs and increasing our flexibility, in order to adapt our cost structure to significant market changes and ensuring that the benefits of the restructuring investments taken in 2012 are realised.” It has targeted like-for-like revenue and gross margin growth of 3 per cent and also improving its operating margins by half a point.

  • MediaCom gets Soumit Deb as business director – Investments

    MUMBAI: Mediacom, the GroupM and Madison Media joint venture agency, has appointed Soumit Deb as head of Investments – South.

    In his new role, Deb will be reporting to Mediacom head of South Sriram Sharma.

    Deb has joined Mediacom from Starcom MediaVest Group where he was working as business director.

    Prior to joining SMG, Deb had also worked with Lintas Media Group, Mindshare, Mediacom Sri Lanka, MPG and Lodestar.

  • Niti Kumar takes over as MediaCom Delhi GM

    MUMBAI: Media agency MediaCom has elevated Niti Kumar to the post of general manager for its Delhi operations. She takes over from Vinish Joshi who has decided to move on from the agency.

    Kumar joined MediaCom in 2011 as the national director – Insights and new business and continued to hold the post till now. She led a number of successful pitches, the latest being Mars this January. She has over 13 years of experience in the media agency domain. She has worked on a host of clients like ICI Paints, HBO, Dabur, Amway, Gillette, Reckitt Benckiser, Electrolux and Yatra.com.

    MediaCom India MD Debraj Tripathy said, “Niti has shown perseverance and maturity in the way she has been able to manage both the new business and the consumer insights processes. She is absolutely the best person to take over from Vinish. Vinish has been with MediaCom for the last six years and has done a great job of nurturing our clients as well as the MediaCom Delhi team. I wish him all the very best in his future endeavours.”

    Kumar said, “It‘s exciting to move into this new role at MediaCom. In a more ‘front of the line‘ role I hope to bring more energy to the organization. Delhi is a wonderful, dynamic market and MediaCom Delhi has exceptional talent and a great set of businesses. My goal will be to maintain the excellence while also ensuring growth from new businesses.”

  • MediaCom Worldwide renames MediaCom Direct division as MediaCom Response

    MUMBAI: To reflect pervasive shifts in both consumer behavior and global marketing strategy better, MediaCom Worldwide is renaming its MediaCom Direct division as MediaCom Response.

    When launched in 1992, the division worked primarily with clients utilising print, doordrops and DRTV to reach target audiences. A decade later, marketers began adding unique URLs to most of their efforts, and today the integration of brand, demand generation and demand conversion has become the norm.

    MediaCom global chief ROI and direct marketing officer David Kyffin said, “The consumer buying journey has become immeasurably complex, and almost all communications now carry a URL, QR code or some other response mechanism. We will continue to grow our direct marketing business, but more and more of our work is with brand clients interested in achieving higher levels of engagement and interaction, and this name change reflects this new, exciting reality.”

    MediaCom has Response divisions in the UK, USA, Germany, France, Italy, Spain, Netherlands, Nordics, Poland, Singapore, China, India, Australia and Canada. It is also expanding the division‘s global footprint in Asia Pacific and Latin America.

  • Mediacom bags media biz of Mars

    MUMBAI: GroupM‘s Mediacom has won the consolidated business of Mars in India following a multi-agency pitch that saw participation of incumbent agencies and Starcom MediaVest Group.

    Mediacom already handles the account of Mars in 18 countries across the world.

    In India, the account was earlier divided between RK Swamy Media and MEC India. However, Mars‘ brand Wrigley India was being handled by Mediacom and hence the agency has retained the account.

    MediaCom India MD Debraj Tripathy said, “Yes we have won the account and we have already started working on it.”

    On 2008, Mars Incorporated together with Berkshire Hathaway Incorporated had boughtout chewing gum brand Wrigley.