Skip to content

Investing Quote by Michael Farmer

“The cozy relationship between chief executives and advertising agencies had unravelled, as other strategic advisers like investment bankers and strategic management consultants jumped to the head of the queue. The” quote by Michael Farmer
Download Open image
““The cozy relationship between chief executives and advertising agencies had unravelled, as other strategic advisers like investment bankers and strategic management consultants jumped to the head of the queue. The””

Michael Farmer

About This Quote

Source Article: Business Strategy Review, 2018

The traditional bond between CEOs and ad agencies is weakening as consultants and bankers take precedence.

In simple terms: CEOs are shifting away from ad agencies toward consultants.

Key Takeaway

Adapt to new advisory dynamics in business.

Themes

business strategy advertising consulting leadership change

Mood

analytical critical forward-looking

Type

industry strategic

When to use this quote

  • Corporate planning
  • marketing strategy
  • consultant selection
  • executive decision-making

Key Concepts

Power realignment market evolution strategic partnerships

Questions to Reflect On

  • How will this shift affect brand messaging?
  • What balance should CEOs strike between creativity and strategy?
A Different Perspective

New advisors may lack creative insight of traditional agencies.

2.7 out of 5 (9 ratings)

More by Michael Farmer

Explore all 26 Michael Farmer quotes

More Investing quotes

Browse all 13,146 Investing quotes