Tag: Mindshare

  • Mindshare partners exclusively with Crayon Data

    Mindshare partners exclusively with Crayon Data

    MUMBAI: In a landmark move, Mindshare has entered into an exclusive partnership with Crayon Data to power its planning, insights and consultancy offering.

     

    The main aim of combining Mindshare’s proprietary data and research with Crayon Data’s big data collection and analytical capability is to offer greater adaptive solutions for marketers. And provide ability to not only identify different consumer profiles and segments, but also target and track those profiles across a complex range of media channels, including social media and video.

     

     For Mindshare, the partnership continues its focus on developing leadership in Adaptive Marketing, a shift that is impacting how the agency thinks about services, products and ways of working. Mindshare’s core DNA is about disruption, provocation and speed, working with open source partners to continuously re-define how media agencies should behave.

     

    With this in mind Mindshare has consciously entered into a range of strategic partnerships across new emerging domains such as big data, mobility, online video, cross screen measurement, advocacy and social content. The agency has re-structured its approach to bring data, content, technology and accountability together in a way, which has unlocked dramatic growth opportunities for both clients and partners.

     

    Mindshare’s Products, Partnerships & Services council chairman and APAC chief client officer Sudipto Roy said, “One of today’s key business challenges is the complexity surrounding the collection of data making traditional database processing and management tools ineffective in helping clients make optimal decisions about their customers’ needs. It’s a fundamental requirement of business success. Without the ability to support customer needs, organisations fail.”

     

    “We are looking at this collaboration to dramatically transform the way consumer insights are mined and connected to our clients’ categories. For one FMCG company, we were able to unearth consumer connections and interests in a way that is almost impossible to do through standard research based methods. For a B2B client, we were able to unlock and profile a million potential leads with exact identification of what they would be likely to buy. This is a game changer; both for insights and for performance/ CRM based initiatives. It’s not a surprise that Crayon Data was recently chosen as one of the top five companies by IBM’s Watson Developer Challenge.” he added.

     

    Crayon Data is one of the fastest growing “big data” startups founded with a vision to simplify the world’s choices. The SimplerChoicesTM engine simplifies the decision making process for marketers, using proprietary algorithms to sort the complexity and present meaningful connections between data points and providing predictions of what consumers really want. The foundation of Crayon’s Choice Engine is the Taste Graph (B2C) and Interest Graph (B2B).  Crayon’s taste graph (for B2C companies) already has over 550 million taste nodes reaching close to a billion through 2014. The company’s interest graph (for B2B companies) has extensive information on over 10 million enterprises, with 500M data points.

     

    Crayon Data founding director Suresh Shankar said, “Media, analytics and behaviour is all going digital, and choices are proliferating in every aspect of our life from media to daily decisions. The partnership seeks to marry Mindshare’s media data sets and expertise, and its innovations like Loop Room, with Crayon’s choice engines, algorithms, and taste/interest graphs. This partnership forms part of a big transformation and caters to our mission of turning the misery of choosing into the magic of choice.”

  • GroupM’s market share increases to 41.2 per cent

    GroupM’s market share increases to 41.2 per cent

    MUMBAI: GroupM, WPP’s integrated media and marketing company, has topped the RECMA overall activity billings 2013 ranking of media agencies again. GroupM India increased its market share as per RECMA in the year 2013 to 41.2 per cent from 40.3 per cent in 2012. Globally, GroupM retained the number one position amongst media agency networks with a market share of 28 per cent. The RECMA report evaluates the overall activity – including buying billings and specialised services.

     

    Mindshare continues to lead in overall market share as the largest integrated media planning company in India, while the other GroupM agencies registered a healthy growth over the last year. GroupM agencies dominated RECMA’s qualitative evaluation with Maxus being the only media agency in India to be rated ‘dominant’, for the fourth year in a row. Mindshare and Mediacom were rated ‘high’ while MEC was rated ‘good’. Continuing its winning streak from 2013 where the network picked up over 80 new clients, GroupM agencies have so far won over 50 new clients in the first half of 2014.

     

    GroupM agencies continue to dominate all industry awards. Apart from that, GroupM is the only media agency network to have won the Porter Prize in 2013, ‘The Dream Company to work for’ in the media and entertainment sector and the ‘Best Employer’ at the World HRD Congress.

     

    Speaking on the year so far, GroupM south Asia CEO CVL Srinivas said, “In recent years, GroupM has taken great measures to become future ready and give our clients an edge in a highly competitive media market. We no longer plan only media for them, but give them end to end integrated marketing solutions that bring digital marketing, content, data and analytics together with traditional media such as TV, radio and print. Our collaborations with global leaders in digital media, data, technology and research, coupled with years of collective experience gives our clients the advantage of working with a true thought leader and help them build highly successful brands. We were the first agency network with whom Facebook signed a partnership agreement in India and have a similar very unique partnership with Google that brings great value to our clients”.

     

    Over the last year, GroupM took a fresh approach to integrated marketing solutions with a program called New ME. This new approach resulted in several successful campaigns including the highly impactful launch of Honda Mobilio with Kapil Sharma led by digital content and the ‘Power of 49’ campaign for Tata Tea led by TV advertising, content, mobile marketing and social impact. In May 2014, Mindshare launched the Loop Room in Gurgaon and Mumbai to help media planners and marketers pick up insights in real time. Maxus recently launched Moribus, its behavioral lab.

     

    “GroupM agencies are at the cutting edge of media and we are preparing our teams and clients to not just move with the times but stay ahead,” added Srinivas. The New ME approach also helped expand business with new clients across industries ranging from e-commerce, banking & insurance, sports, retail, healthcare, etc.

  • Mindshare launches global wearable technology unit Life+

    Mindshare launches global wearable technology unit Life+

    MUMBAI: Mindshare, the global media agency network that is part of WPP, has set up a global wearable technology group called Life+ to help brands take advantage of the nascent technology.

    Life+ is headed by Mindshare North America MD- Mobile Jeff Malmad and is designed to help brands understand the opportunity that wearable technology presents, whilst ensuring issues around privacy and consumer utility are considered and prioritized from the start.

     

    Mindshare clients will be able to work with leading wearable technology companies to learn, discuss and eventually create, brand related applications, integrations and product developments based on wearable tech APIs.

    Life+ has already formed a strategic partnership with MapMyFitness, the leader in the emerging connected fitness category, building on its advanced technology, data, and rapidly growing global fitness community to create unique opportunities for Mindshare clients.  The MapMyFitness platform engages over 26 million members by supporting over 400 cutting-edge fitness and activity tracking devices, along with top ranked fitness tracking apps on iOS and Android. 

     

    The partnership began at an event in New York on 8 July, where Life+ and MapMyFitness worked with Mindshare clients to research consumer receptivity points within their quantifiable ecosystems, including adaptive messaging opportunities based on physical state and needs. MapMyFitness will be joined by other, undisclosed, wearable technology companies to work with Mindshare client teams on brand integration opportunities as part of Life+.

    Life+ is open to any Mindshare client interested in understanding the opportunities that wearable technology can offer in enabling consumers to meet their goals and lead better lives.

     

    Mindshare defines ‘wearables’ as any technology worn by a human externally that is ‘beyond the three screens’ and that integrates with a human’s own biometric characteristics, which includes activity trackers (Jawbone), smart watches (Samsung Galaxy Gear), augmented reality devices (Google Glass) fitness watches and sensors (Garmin) and the broader spectrum of health-related devices.
     

    Mindshare chief digital officer Norm Johnston said, “Twenty years after the launch of the first Internet advertisement, and a year after the long-awaited mobile tipping point, digital marketing is now entering a third and radically different chapter. This new, expanded Internet will give smart brands a chance to give consumers valuable brand content and utilities in a myriad of new hyper-connected destinations. Mindshare look forward to helping our clients navigate and accelerate their efforts in this space.”

     

    The launch of Life+ follows Mindshare’s launch of Audio+ in November 2013, a tie-up with audio recognition service Shazam to audit, map and leverage a brand’s audio assets.

  • 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!

  • Maxus brings Navin Khemka on board as managing partner

    Maxus brings Navin Khemka on board as managing partner

    MUMBAI: Maxus has appointed Navin Khemka as its managing partner. Khemka will be heading the north and east regions for the media agency and will also be responsible for new business development across the country. He will report to Maxus south Asia managing director Kartik Sharma.

     

    With over 17 years of experience in the advertising and media industry, Khemka’s last appointment was with ZenithOptimedia, where he left as managing partner. With a tenure spanning the last eight years, he was initially the trading lead for key accounts such as Nestle and HP. He subsequently took over the business leadership of the HP account, delivering some award winning campaigns such as the HP Serena Williams campaign at Lakme Fashion Week. Thereafter he took on the additional role of new business director for India. He was instrumental in bringing on new clients such as Honda, Toshiba, Uninor, McVities, Karbonn Mobiles, Godfrey Philips, Best Rice, Greenlam Laminates, Olx.in, Jabong.com, Yatra.com at ZenithOptimedia.

     

    Sharma said, “Navin comes with a varied skill set and extensive experience across various product categories. He is an ideal leader to spearhead the Maxus team, and uphold our PACE value system across the organistaion.  At Maxus we endeavour to push the boundaries to delivering excellence for our clients, to achieve our 10/10 mandate.”

     

    Khemka said, “I am delighted to be a part of India’s most dynamic agency – Maxus.  Brand needs are changing and Maxus is geared up to providing a holistic solution to its clients. I look forward to work closely with the team and help provide seamless, media neutral solutions to our clients. Driving growth for Maxus in existing and new geographies also makes my role challenging. I am looking forward to exciting days ahead.”

     

    A graduate of St. Xavier’s College, Kolkata and MICA, Khemka started his career with Mudra where he worked for five years. Prior to ZenithOptimedia, Navin worked at Cheil Communications, Mindshare and Carat.

  • ZenithOptimedia, Mindshare get top ad awards at India Radio Forum

    ZenithOptimedia, Mindshare get top ad awards at India Radio Forum

    NEW DELHI: The radio spot for ‘Nescafe Mornings on Red FM’ by ZenithOptimedia won the award for best Use of Music/Song/Jingle by an Advertiser at the  recently held India Radio Forum in the capital.

     

    Mindshare won awards for Most Effective Use of Radio in an Activation Campaign with ‘Close Up Come Fall In Love – Valentines Day Activity’ and Most Outstanding Use of Radio in an Ad Campaign for ‘India’s Favourite Non-Sporting Game’ (Antakshri).

     

    Reliance Life Insurance Co won the best CSR initiative from an advertiser on radio with ‘Greatest Fan’.

     

    Meanwhile, Mindshare got the award for India’s Favourite Non-Sporting Game (Antakshri) for participants Virendra Bapardekar, Priya Chanda and Salil Mahadeshwar in the Radio Pitch Challenge held during the day of the Forum.

     

    ZenithOptimedia was runner-up in this category with Lavanya Tagra and Aditya Singh taking part.

     

    Both won prizes from Big FM, Red FM and Radio Mirchi. These awards were decided immediately after the Radio Pitch Challenge on the spot by a jury.

     

    However, the winning team Mindshare walked away with the gold trophy and three tickets worth over Rs 170,000 to the 2014 Singapore Formula 1 Grand Prix. 

  • Mindshare south Asia elevates Vinod Thadani

    Mindshare south Asia elevates Vinod Thadani

    MUMBAI: Mindshare, part of GroupM, has appointed Vinod Thadani as its chief digital officer – south Asia. In his new role, Thadani will be responsible for managing the agency’s full-service digital offerings for existing clients as well as bringing in new business to the agency.

     

    With over fifteen years of media experience, Thadani is responsible for setting up the largest mobile practice at GroupM in 2008 and winning media awards in the mobile category across all major award functions – IDMA, Emvies, DMA, IAMAI, Goa Fest, Campaign India, MMA, Yahoo Big Chair and Festival Of Media.

     

    Prior to moving to Mindshare south Asia, he was the chief executive officer of Madhouse India (a joint venture between WPP and Madhouse China) and played a crucial role in setting up India’s largest mobile advertising and marketing company. He worked closely with over 100 clients like Intel, Idea, VW, Panasonic, Titan, Britannia, Google, LIC, Siemens, ITC, Flipkart, Nestle, Make My Trip, Hungama.com and media conglomerates such as GroupM, OMG, Percept & Ignitee.

     

    Welcoming him to the team, Mindshare south Asia leader Ravi Rao said, “Vinod has always managed to stay ahead of the curve with his in-depth knowledge and continuous innovation. We are extremely glad to have him on board and are confident he will take Mindshare to greater avenues.”

     

    Thadani said, “With the eminent growth of over 40 per cent in digital advertising, the future of marketing lies in seamless integration of core traditional media with digital and mobile media. Mindshare boasts of an impressive client roster with some of the biggest brands in the world, and I look forward to working with each of them and the team on their digital mandates.”

     

    Thadani is also an empanelled member of the Mobile Marketing Association (MMA) and plays a pivotal role in the MMA’s South Asian operations. He has been a regular speaker and conference chair at several domestic and international industry events, giving his point of view and expert opinions in the role of mobile in the marketing value chain.