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””
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.
Adapt to new advisory dynamics in business.
Themes
Mood
Type
When to use this quote
- Corporate planning
- marketing strategy
- consultant selection
- executive decision-making
Key Concepts
Questions to Reflect On
- How will this shift affect brand messaging?
- What balance should CEOs strike between creativity and strategy?
New advisors may lack creative insight of traditional agencies.