General News of Tuesday, 26 February 2019

Source: MEDIAREACH OMD

OMD named Global Media Agency of the Year 2019 by Adweek

In Feb. 2019, OMD worldwide was awarded the Most Creative & Innovative Network of the Year In Feb. 2019, OMD worldwide was awarded the Most Creative & Innovative Network of the Year

OMD Worldwide, an Omnicom Media Group Agency, has been named Global Media Agency of the Year by Adweek, a leading media and advertising industry publication.

In selecting OMD, Adweek cited the company’s impressive turnaround performance following a very challenging 2017 that saw the historically dominant agency fall to the bottom of all major media analyst rankings.

Adweek’s story details the comeback that took place during 2018 – a journey that saw OMD win or retain over $2.6b of business.

“It’s a great honor to be named Adweek’s Global Media Agency of the Year. Not only did we win more than 300 pitches across all geographies last year, but at the same time we more than doubled our retention rate and improved our client ratings four consecutive times throughout 2018. We also remained the most medaled agency at the Cannes Lions Festival of Creativity. When you put all this together it is simply astonishing,” said Florian Adamski, Global CEO of OMD.

“But none of this would have been possible without the hard work, talent and adaptability of our people nor the trust placed in us by our clients and partners. I’m incredibly proud of what we have achieved and look forward to building on this foundation in 2019 and beyond.”

According to Adweek’s story, the turnaround began with key leadership changes, firstly by the appointment of Florian Adamski to Global CEO in late 2017 and laterally as he built out his key executive and regional leadership teams, with a blend of proven talent from within Omnicom and key hires from the wider industry.

‘Better decisions, faster’ became OMD’s new north star – combining brand promise and competitive positioning. To ensure it would be more than a tagline, numerous global initiatives were undertaken to inform every aspect of the business and empower OMD’s talent to deliver against the promise.

The article further credits the joint introduction of a new tech platform (OMNI) and media planning process (OMD Design) with the turnaround. Omni is a people-based precision marketing and insight platform created by Omnicom. In parallel, OMD reimagined their planning process, OMD Design, a bespoke process grounded in the practice of empathy. The partnership of best-in-class technology guided by a unique process aims to empower OMD to craft more valued and valuable experiences that deliver better business outcomes.

The Adweek story concludes that, after years of global dominance, despite a difficult 2017, OMD with support the support of their Client including the ones added in 2018, has delivered an unprecedented comeback and is once again at the top of its game.