Marketers failing to overcome key barriers to creativity, WFA research

New WFA research has revealed a huge disconnect among client-side marketers between those who recognise creativity as a marketing ‘super-power’ and the much smaller number who regard it as business critical. While 82% recognise creativity as marketing’s most powerful weapon, just 28% regard it as critical to the success of their business. The research identifies the rewards of taking creativity more seriously, with clients saying creativity was ‘business critical’ more likely to say they were ‘growing’ (33%) as opposed to respondents coming from ‘maintaining’, ‘recovering’ or ‘declining’ businesses (25%). Clients…

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WFA introduces Global Marketer Hall of Fame

WFA is launching its first-ever Hall of Fame to celebrate the very best of regional and global marketers. Featuring every marketing leader who has been shortlisted for the first five editions of the Global Marketer of the Year, WFA’s annual award, the Hall of Fame celebrates the impact that global and regional marketers can have on the businesses they work for and the society they serve. The inaugural list includes 22 marketing leaders who have been showcased by the global award since it was launched in 2017, representing companies such…

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Marketing facing “worst-ever” talent crisis

Nearly half (48%) of all advertisers, agencies, ad tech companies and media owners think the industry is facing its “worst-ever crisis” when it comes to talent, topping off at 54% among agencies, according to new research from WFA and global media advisors, MediaSense.  Sixty-eight percent globally say that talk of a “crisis” is not overstating the matter, a figure that rises to 74% in the US. In addition, 77% of respondents admitted that there is “some” or “high” scarcity of talent in their organisation, peaking at 85% among the agency…

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Agency rosters face ongoing reform and revamps

In-housing benefits as advertisers seek to respond to digital, Covid, sustainability and diversity and inclusion challenges, shows new WFA research Agency rosters are in an era of constant change, with the majority of multinational advertisers already changing or planning to reform current structures for working with external partners, according to new research from the WFA and The Observatory International. In the wake of a menu of challenges such as the global pandemic and exponential rise of digital, combined with added pressure in areas such as sustainability and diversity and inclusion,…

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WFA launches Charter for Change at Cannes to drive global action on Diversity, Equity and Inclusion

WFA has launched a Global DEI Charter for Change at Cannes Lions, with the aim of driving real actions and improving the lived experiences for multiple groups working in the marketing industry. Developed with input from members of WFA’s D&I Taskforce, the Charter identifies actions that all global organisations need to undertake to ensure a better experience for the one in seven members of our industry who say they could leave their company or the industry due to lack of diversity and inclusion. While these actions may already be common in…

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