Sparking - Moving you forward

Narrate Newsletter


Do you want to show up more creatively for your clients and your colleagues, your family, and your friends?

Do you want to default to thinking about opportunity versus focusing just on problems?

Discovering Hope is full of proactive steps you can take right now, to achieve a more positive mindset or to help maintain the positivity you already have

Getting Positive reveals that more optimism is close at hand

Buy Books by Stuart Parkin at Amazon
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Trends

Why Strategists Have More to Gain Than To Fear From Generative ‘AI’

To be clear, I am no ‘Large Language Model’ ( ‘AI’) specialist, although I do intend to pursue a course to correct this fact! I have been talking with a number of you, who ‘are’ ‘AI experts, embedded as part of planning groups with the remit to:
“Operationalise the use, understanding and application of ‘AI’ to enhance more rapid pathways to strategic clarity and through it customer impact.”

My topline understanding, if you have several years of strategy experience under your belt, you’ve nothing ‘currently’ to fear from ‘AI.’ It is your questioning, your interpretation, your editorial oversight, your client reassurance, that is still needed. And what ‘AI’ can provide, can enhance your work. And, even if you are a junior strategist, you will position yourself as best you can if you ensure you learn from and how to optimise ‘AI,’ as shrinking strategy teams will continue to re-tool.

How ‘AI’ Might Help You
When teams are shrinking it is a valuable analyst and thinking partner – see Ethan Mollick’s two latest Substack posts about the impressive capabilities of the latest models and how that goes beyond the simple “AI assistant” idea. It can help you consider more options with a greater degree of realism – If synthesis of data can be speeded up, there is greater opportunity to focus on the soft skills/the nuances of customer interaction. ‘AI’ could for instance mirror your biases, used in a focused way, it could prevent reinforcement of those biases.

Is ‘AI’ a Career Threat? It’s evolving all the time, but at-the-moment, it’s a rapidly evolving aggregating machine, that thrives on using data and logic. Efficiency is not strategy. Any work area that requires more emotionally nuanced interaction will be work that continues to be human-focused.

Which jobs will be the first to go with ‘AI’…. Given ‘AI’ can trawl data from the whole web and synthesise it at hyper speed, any jobs that require aggregation and synthesis of information become vulnerable. Data gathering and analysis make basic research and media buying vulnerable.

Which Jobs Are ‘Relatively’ Safe Editorial oversight requires understanding of humans: Strategists providing empathy and judgement and creative directors.’ narratives that resonate with humans. While research can be automated, will it reveal outliers in understanding? The quality of up-to-date ‘in-person’ research will continue to have a role; Experiential Strategists bring together many parts of understanding human engagement and interaction, they will become even more important; Work seeking to persuade individuals or groups where logic alone isn’t enough/EQ needed; PR Specialists providing counsel directed specifically to influence human opinion.

Which Jobs Will We Humans ‘Want’ Human Interaction? (even if supported by ‘AI’) Even if ‘AI’ could do it well, there are areas of our lives we simply demand ‘direct human direction.’ Think human reassurance and interaction (versus diagnostics) ‘is a key part’ of wellness treatment; High Value purchases or high stakes such as crisis management will still require a level of human understanding of human reactions/require reassurance.

HOW MIGHT YOU ACT IN RELATION TO ‘AI?’
‘AI’ – Understand it/Invest in it – I f your employer hasn’t already provided training, do it yourself or request your employer invest in you completing a prompting course – Learning about LLM’s (large language models) and how to get the best out of them. Any great ‘qual’ researcher will probably be a natural, but one can always learn more.

Human Strength to ‘AI’ Weakness – Bolster your human skills: Emotional understanding/empathy, Relationship building skills/trust, Caring/Nurturing skills, Creative appreciation skills, Leadership/motivational skills. Also make yourself aware of evolving AI tools developed to analyze EQ. Consider reviewing https://www.receptiviti.com/

Adaptability Skills/AQ – This is just the beginning of ‘AI’ – If it freaks you out then perhaps what you fear is not ‘AI’ but uncertainty. The greatest bulwark against change, is your ability to adapt. Learn what it takes to become adaptable. Article attached. https://bit.ly/3DjAyCb

Big picture – ‘AI’ has and will transform lives for good and bad! From a business perspective, without being an expert, invest in understanding how ‘AI’ might help your work. Key, enhance your job security by understanding the chokepoints for creating or sustaining revenue and ‘AI’s impact there! For instance, maintaining ‘trust’ in client relationships is key to holding on to revenue and very much a human delivered capability, albeit back up by data/great performance, enhanced by ‘AI.’

What’s Happening With Freelance

As the business environment and the agency world in particular, seeks greater flexibility (for lots of reasons) in hiring, a record number of you are now freelancing/consulting.

Boon times for freelance were during the pandemic years where amid huge uncertainty, greatest flexibility was needed both by employers and employees alike.

These times – More time of uncertainty, but corporate focus while still seeking flexibility, cost control has greater importance, meaning?

Freelance opportunities have in the last year been fewer, shorter in duration and harder to land. Why?

Agencies and companies have been trying to save money. They have done this by seeking to reduce freelance as a proportion of payroll as although it provides flexibility, arguably it’s expensive (when used extensively) relative to full-time hiring.

Future trajectory – Freelance in time will regain greater momentum particularly against a backdrop of greater uncertainty in the business environment. That said, there are and will be even more of you seeking (for different reasons) to freelance, placing downward pressure on freelance rates.

Happy to talk with any of you about the market, where greater opportunity may be, where to target, how you might position yourself etcetera.

Happy hunting,

All happiness,

Stuart

Developing Trends – Final Third, 2016

Through daily conversations with senior management in agencies and candidates looking to build their careers I’ve seen some important emerging trends:

Marketing agencies versus Advertising/Media/Digital Agencies – While all agencies specialize with a core competency that provides the bulk of income; big data is driving a need for integrated solutions – with meta services covering TV, website, public relations, outdoor stitching communication into a seamless whole.

User Experience Focus – From brand consultancies to digital and analog agencies, ‘user experience’, is now key. Clients want slick, streamlined processes with simple calls to action that are fun for users. Easy to say; enormously difficult to do.

Client-Side – Many of your peers see increasing possibility with their career options and an increasing number of strategists seek the ability to broaden their ability to impact overall brand evolution and user experience. This client/startup move also has much to do with perceived ‘relative’ stability away from the agency world.

Consultancy Smultancy – The big consultants are no longer the emerging competition but active ‘players’ in a landscape that seeks to harness big data and smart technology with creativity. This is manifesting with the big consultants’ acquisition of talent or through agency acquisition. Creative agencies are increasingly going the other way, investing in data and technology specialists. The challenge for agencies is that it’s the big consultants that are more often perceived to be trustworthy with data/numbers.

In-House Marketing – The movement of ever more strategic talent client-side is making the movement of such talent to clients more the ‘norm’ and with it, the idea of clients developing in-house agency resources in part or total. This trend will continue as long as clients believe agencies cannot deliver or will not deliver at the price-point they believe fair.

Big Data/Programmatic – It’s all about the customer stupid! Ever more sophisticated large-scale data collection and synthesis aids both understanding in targeting and in measurement of campaigns. The trend to understand all

Career Options – More than ever, strategic planners have options to work in a range of non-advertising environments. Clients are increasingly recognizing the benefits the rigor/approach/thinking/toolbox, strategists can deliver. PR and media agencies have become fertile sources of employment for account planners in recent years. That said, digital, design, brand, innovation and technology consultancies have all become real options as of course have client-side and start-up client-side opportunities, particularly in the Bay area.

Homogenous Hiring – I work with agencies working across the spectrum of communication, (TV, digital, activation, media, PR and multicultural) product, brand, design and innovation consultancies. The briefs for desired strategic hires are looking ever more similar as agencies increasingly see a convergence of offering. Digital/UX, data, technology and research backgrounds are key. This homogenous hiring is often about agency turf wars/budgets (even within the same holding companies) and perceived expertise with clients versus (at least as a primary driving force) genuinely trying to offer strategic clarity and the best one-stop integrated solutions.

Titles! – Everyone today is a planner/strategist of some description. Everyone is also a master of brand building. Really? Well of course not. These are just titles! The truth is that there are more digital (SEM/SEO/ETC) channel experts (used to be called Media Planners, than ever. They are important; They play their part and that part needs to be understood by them and those hiring them.

Making a Difference – Perhaps there really is a social awakening. More individuals I talk with want to make a real difference. This desire is transcending age groups. The agencies targeted, consumer social responsibility (CSR) and purpose driven. The opportunity for big brands to tap in to, (for purely short term financial consideration) or better still truly embrace this cultural awakening, (with even bigger potential financial upside) are enormous.

Business Marketing & Brand Trends

As 2016 approaches, clients, agencies and companies that we work with face uncertainties and opportunities each New Year brings.

I can’t say which developments or trends are most likely to disrupt your clients business (or your career), or how they will change how it (or you) functions, communicates or engages consumers. That, of course, is the job of creative minded business problem solvers (you!) who must reflect and connect the dots.

Instead, I offer a collection of forecasts that examine the landscape, giving perspective of anticipated progression in digital, changes in content and technology, and likely shifts in cultural and consumer behaviors.

For more specific commentary on any of the attached articles or on what they might mean for your own career opportunity, as ever, I’d be happy to talk with you.

All the best,

Stuart

Articles and commentary that might be of interest…

Purpose Driven Marketing

We hope that companies that provide services to us do not exploit their workforce or wreck the environment, but is there a benefit to brands when they adopt a philanthropic approach to funding people and causes? Price is often key, but increasingly so too are the actions of companies in our crowded planet.

Philanthropy is generally perceived positively but more than seeing brands shower cash, astute consumers want to see cause or purpose driven marketing aimed at achieving ‘actual social impact.’

It’s the difference between sending food to starving people (philanthropy) versus helping people to learn how to feed themselves (purpose).

This reality is particularly evident with younger target audiences; Recent research revealed that 47% of consumers that buy a brand (at least monthly) that is associated with actively supporting a cause, are themselves prepared to ‘take action/advocate’ on behalf of that brand, which in turn generates earned media. Do your clients embrace this reality?

Stuart

PS. Have a look at my past newsletters

Articles and commentary that might be of interest…

Personal Brand

We hope that companies that provide services to us do not exploit their workforce or wreck the environment, but is there a benefit to brands when they adopt a philanthropic approach to funding people and causes? Price is often key, but increasingly so too are the actions of companies in our crowded planet.

Philanthropy is generally perceived positively but more than seeing brands shower cash, astute consumers want to see cause or purpose driven marketing aimed at achieving ‘actual social impact.’

It’s the difference between sending food to starving people (philanthropy) versus helping people to learn how to feed themselves (purpose).

This reality is particularly evident with younger target audiences; Recent research revealed that 47% of consumers that buy a brand (at least monthly) that is associated with actively supporting a cause, are themselves prepared to ‘take action/advocate’ on behalf of that brand, which in turn generates earned media. Do your clients embrace this reality?

Stuart

PS. Have a look at my past newsletters

Articles and commentary that might be of interest…