Ad agencies need to think more creatively says compiler of AFR Most Innovative Companies list

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160809_J1A0045LR (1).jpgBy Dr Amantha Imber (left), founder, Inventium

CB Exclusive: There is a lack of creativity in Australia’s agencies. While a large number of agencies entered the 2016 Australian Financial Review’s Most Innovative Companies list, only four made the cut this year: M&C Saatchi (#6), Leo Burnett Sydney (#14), Clemenger BBDO Melbourne (#43) and digital agency Isobar (#44). The 2016 Australian Financial Review’s Most Innovative Companies list, which is now in its fifth year and is judged and compiled by leading Australian innovation consultancy Inventium, attracted over 1000 nominations – twice as many as 2015.

Agencies – whether they be an advertising agency, digital agency, PR or media agency – are all employed by clients for their innovative thinking. It is the most important service that these companies provide. But the agencies that are being truly disruptive are few and far between.

M&C Saatchi were a stand out this year, taking out the prize for best CSR/Social Innovation was M&C Saatchi with their campaign Game of Balls – a porn film that demonstrated to young men how to check for signs of testicular cancer.

Out of the box thinking, as demonstrated in this campaign, were few and far between, with many agency entrants presenting campaigns that were not particularly ground-breaking.

Isobar was another stand out in the pack, taking out the Best Marketing Innovation award with UMOOD for client UNIQLO. In a world-first for the retail industry, UMOOD read the brainwaves of shoppers and made it part of the purchase process.

While wearing a neuro-headset at the in-store UMOOD booth, shoppers were shown a range of video stimuli. The neurological responses in their frontal lobe were analysed in real-time by a custom-built algorithm that identified their current mood and recommended a t-shirt to match, out of the 600 designs UNIQLO has available.

Like Game of Balls, UMOOD flipped category conventions on their head and demonstrated truly unique, clever thinking that had a massive impact for Isobar’s client, UNIQLO.

Another commonality between the top ranking agencies is that they focused their innovation efforts inwards – not just towards their clients.

For the last three years, M&C Saatchi has had an incubator-style initiative, which allows staff to pitch their product and service ideas to an internal leadership panel. If successful, they gain capital plus an equivalent in head hours to move the project along. One such idea is called Timesheet Highfive, which is designed to motivate staff to complete their timesheets.

While it is exciting to see that there are some companies in Australia pushing the boundaries of what we thought was possible, it would be great to see more evidence of this when we judge the 2017 Most Innovative Companies list.

Dr Amantha Imber is the founder of Inventium, the innovation consultancy that assesses and compiles the AFR Most Innovative Companies list. Her latest book, The Innovation Formula, tackles the topic of how organisations can create a culture where innovation thrives.