Tag: The Indian Society of Advertisers

  • ASCI clarifies on recent news report about Self Declaration Certificate

    ASCI clarifies on recent news report about Self Declaration Certificate

    Mumbai: The Advertising Standards Council of India (ASCI) has emphasized that broadcasters and advertisers must obtain a self-declaration certificate (SDC) before releasing any new advertisements. Starting from 18 June, all new ads can only be aired if they have the SDC, as required by the Supreme Court and notified by the Ministry of Information and Broadcasting (MIB).

    The Indian Society of Advertisers (ISA), the Indian Broadcasting and Digital Foundation (IBDF), and the Indian Newspaper Society (INS) have collectively requested that the Ministry of Information and Broadcasting (MIB) delay the implementation of the SDC mandate to allow the industry sufficient time to comply with the new regulatory requirements.

    In a letter to the MIB, the INS suggested that the SDC mechanism should be restricted to medical advertisements since the SC case specifically addresses misleading medical ads. Advertisers will be required to generate SDCs via the Broadcast Seva portal for TV and radio ads and through the Press Council of India (PCI) portal for print and digital ads.

    The ISA has also called for a postponement of the SDC mechanism, citing concerns over asset confidentiality as ad materials uploaded on the Broadcast Seva and PCI websites will be publicly accessible. Additionally, both websites frequently experience technical issues, potentially causing delays in generating the SDCs.

    Despite these concerns, the MIB reiterated during a stakeholder meeting on 11 June that the SDC mandate for all new advertisements across TV, digital, print, and radio will come into effect on 18 June, in accordance with the Supreme Court directive.

    ASCI has requested its members to report any difficulties they encounter in implementing the SDC mandate, so it can compile these issues and present them to the MIB for further consideration.

  • ISA concludes the global CEO conference 2022 on ‘VUCA 2.0: transforming organisations and brands’

    ISA concludes the global CEO conference 2022 on ‘VUCA 2.0: transforming organisations and brands’

    Mumbai: The Indian Society of Advertisers (ISA) hosted the third annual Global CEO Conference on 22 August in Mumbai.

    Around 200 industry leaders gathered to discuss strategies that will enable them to triumph in today’s complex business environment.

    The conference’s theme this year was “VUCA 2.0: Transforming Organisations and Brands.”

    The event followed an engaging format that included keynote addresses, interesting presentations, and panel discussions by distinguished thought leaders from the industry, in line with the theme. 

    The keynote speakers included Hindustan Unilever chairman and chief people and transformation officer Nitin Paranjpe, who highlighted the role of technology and questioned whether organisations are ready for web 3.0.

    Nitin said, “Industries and devices must be responsibly governed with technology which is designed to allow rapid innovation. Some of the technologies developing the next iteration of the internet have larger challenges than just disruptions. Other than helping us understand what is happening in the world around us better, it will also help us prepare for and create a better future.”

    World Federation of Advertisers (WFA) president and Mastercard president-healthcare division, chief marketing and communications officer Raja Rajamannar said, “The whole field of content has become completely filtered and layered. The fact is that traditional marketers are assuming that people are aware. However, they need to develop a far better understanding of the subconscious processes that happen in the minds of their consumers and thereby develop new insights.” 

    Procter & Gamble Company chief operating officer Shailesh Jejurikar said, “Innovation is being spurred on by digital technology, and we combine innovation with human insight, so that our consumers are better off. Rapid change creates unique opportunities to drive market growth. All of these point to a positive future that can sustain people and the environment better, not only now but also for the generations to come.” 

    The panel discussion on VUCA 2.0 and its implications for Indian businesses saw leaders such as Diageo India managing director & CEO Hina Nagarajan, Multiples Alternate Asset Management MD & CEO Renuka Ramnath, Crompton Greaves Consumer Electricals managing director Shantanu Khosla, and Nestle India chairman & managing director Suresh Narayanan. The panel discussed various aspects, including strategies taken by companies during the pandemic, future-proofing brands, and creating a work environment that leads to optimising productivity.

    Speaking about the successful third edition of ISA Global CEO conference, ISA chairman and Raymond Lifestyle CEO – India & SAARC,  Sunil Kataria said, “Organisations and brands must adopt a radical and creative approach to navigate through this VUCA 2.0 world. As we have learnt during the course of this conference, the ultimate objective of transformation is to develop the capacity to swiftly change circumstances and opportunities in the market and reinvent business models to stay ahead of time.” 

    ISA chairman (events) Dr. R. Ramakrishnan said, “Each of the keynote speakers and panellists brought a wealth of insights, practical experience, and their case studies to add great value to the conference. The 200 industry leaders at the event have taken back a wealth of knowledge and wisdom to transform their organisations, brands and processes.”

    The third edition of ISA’s Global CEO conference was powered by presenting partner Google Cloud, and co-powered by partner Hindustan Unilever Limited.

    Sony Pictures Network is the exclusive gold partner, followed by Neutrogena as gold partner and P&G as co-gold partner. As associate partners, Prestige, ABP Network, Aditya Birla Group, Godrej Goodknight, and Centrum Wealth joined the list of sponsors; Adani Wilmar, Crompton, Kotak Mahindra Bank, Raymond, V Guard, Bajaj Electricals, and SugarFree Green were co-partners. Also, Storyboard 18 is the TV partner, Hindustan Times is the print partner, Adfactors PR is the PR partner, and Schbang is the social media partner.