Staff Reporters
Apr 2, 2020

Three years into its relaunch, was it worth it for Initiative?

AGENCY REPORT CARD: See Initiative's overall grade and our detailed report breaking down its 2019 performance in terms of leadership, creativity, innovation, business growth, and people/diversity initiatives.

Three years into its relaunch, was it worth it for Initiative?

Initiative believes it transitioned from “comeback kid” to “trailblazer” in 2019, but we see it as more of a rollercoaster year. The agency has suffered from a slowdown in new business since its relaunch in 2017, and this continued into 2019, but it also recorded impressive triple-digit organic growth on its existing client base and diversified its clients into new avenues of growth. Whether purposeful or not, this strategy may transpire as a more sustainable one.

Check out Initiative's Agency Report Card now to see:

  • The agency's overall grade for 2019
     
  • Grades and detailed discussion of performance across five categories:
     
  • Leadership: A qualitative assessment of leadership performance, key regional decisions, management stability and contributions to industry by agency leaders.
  • Creativity: Compelling and effective campaign work, judged qualitatively. Regional and global awards recognition is included, with higher weighting given to wins at major shows. Work demonstrative of high effectiveness for clients is also considered.
  • Innovation: A qualitative assessment of Asia-based initiatives and innovations based on their improvements to the agency, people, clients and industry.
  • Business growth: Assessed by the value of accounts won and lost in 2019, as calculated by the agencies and R3’s New Business League, published in Campaign Asia-Pacific, along with recognition of new project work and organic growth through retained clients. 
  • People and diversity: Agency efforts to attract, retain and develop a high calibre of talent with a commitment to staff diversity and wellbeing are examined qualitatively.
     
  • The grade the agency gave itself, and why
     
  • How the agency performed versus its 2018 scores
     
  • The agency's self-declared areas of specialisation.

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