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Advertising agency Quote by Michael Farmer

“Shareholder value became, from the 1990s onwards, a driver of management consulting success and, somewhat sadly, of advertising agency marginalization.” quote by Michael Farmer
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““Shareholder value became, from the 1990s onwards, a driver of management consulting success and, somewhat sadly, of advertising agency marginalization.””

Michael Farmer

About This Quote

Source Article: Business Review, 1995

Shareholder value rose as a metric, boosting consulting firms while marginalizing ad agencies.

In simple terms: Focus on shareholder value helped consultants, hurt advertisers.

Key Takeaway

Recognize metric impacts on industry dynamics.

Themes

economics industry trends metrics

Mood

critical analytical

Type

thought‑provoking strategic

When to use this quote

  • consulting projects
  • advertising pitches
  • strategic planning

Key Concepts

shareholder primacy agency marginalization

Questions to Reflect On

  • Should firms balance profit with purpose?
  • How can agencies adapt to shareholder‑centric markets?
A Different Perspective

Overemphasis can ignore other stakeholders.

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