Generative AI (Gen AI) is reshaping industries at a breakneck pace, unlocking new efficiencies, driving innovation, and transforming how businesses operate. While startups are often seen as the fast-moving adopters of AI, it is large corporations that must play a critical role in leading the charge on Gen AI governance.
Three months back, Nike's share price nose-dived US$27.5 billion in a single day. John Donahue's grand plans to make the 60-year-old athleisure brand into a direct-to-consumer hadn't played out as he had imagined, and now, he's paid for it with his job. On October 13 he'll be replaced as CEO by former Nike stalwart Elliott Hill. Affinity CEO Luke Brown lays out the play-by-play of where it all went wrong, and what business leaders might stand to learn from Nike's mistakes.
In the words of AANA chief, Josh Faulks, this year’s AANA Reset event was designed to bring the biggest and most successful global campaigns to Australia to help inspire local marketing and media industry to better pursue growth. For those lacking big budgets and brand salience, or suffering economic fallout and tackling some of the other 4Ps of marketing (and a fifth – privacy), it can feel aspirational but less practical. But there were some useful lessons around what’s really going on with advertising and media under the surface of the big creative wins.
A new creative culture must now strike a balance between data and creativity to better serve distinct audiences in meaningful ways says Sir Martin Sorrell’s S4 APAC CEO, Michel de Rijk.
What happens when you spend 2020 at home with a baby and a toddler and a virus that stopped village life? For Arnott’s Group Marketing Manager Kate Wright, it was reality. Here’s her personal account about the darkest of days and what she learnt about deleting social media apps, herself, NZ Prime Minister Jacinda Ardern and leadership.
A beautiful creative idea executed in an above-the-line campaign can tick all the brand and ad recall boxes. But in this new reality, the next step is likely to be online so connect it all up, says Jen Davidson, because brand loyalty can disappear in two clicks.
IAG chief marketer Brent Smart says companies which invested in brand building through Covid will soon reap their rewards. For IAG it was a no brainer – no demand for insurance to convert in performance channels meant Smart doubled-down on brand investment. He's also perplexed by the favourable contracts and terms marketers accept from the likes of Google and Salesforce while agencies get screwed.
There’s a vocal camp in the advertising, media and related tech industries that are appalled at the ACCC and Federal Government over its bold and brash plan to force Facebook and Google to pay local media for news. Disdain for News Corp aside, they want a broadly applied digital tax. Impossible, until now.
Good Weekend Editor Katrina Strickland dons steel underpants before opening the Monday inbox to often confronting emails about who and what the magazine has covered. She urges women to promote themselves unashamedly to keep countering the skew.
Karen Halligan, Director, Media Value Advisory, KPMG, says the glass ceiling for women that become mothers remains all too real. Go hard and smash it, she urges, and never feel guilty.
Cathy O’Connor has always felt powerful in an all-male room. Her big breaks came from CEOs and Chairs who looked through gender but… nuanced behaviour still goes un-checked and it starts at the top.
There’s a reason women tend not to see advertising as a lifelong career, says Victoria Curro, Managing Director, RG/A. Enough’s enough, and golf needs to go too.