Madison Avenue Makeover: The Transformation of Huge and the Redefinition of the Ad Agency Business

Madison Avenue Makeover: The Transformation of Huge and the Redefinition of the Ad Agency Business by MICHAEL FARMER


Authors
MICHAEL FARMER
ISBN
9781911687641
Published
Binding
Paperback
Dimensions
156 x 234mm

In August 2021, author Michael Farmer was invited by Mat Baxter, the new CEO of Huge, the global digital agency owned by Interpublic, to become an independent "fly on the wall" observer to record the strategic and operational transformation of Huge. Baxter was Huge's fifth CEO in four years. Huge had had a history of slow growth, client churn and marginal profitability. This book is the riveting story of Huge's journey through its transformation effort - from its initiation in 2021 to a rethink of the transformation in May 2022 to a revised structure and plan that put the program back on course - with some significant delays. "It's one thing to organise a change plan that assigns responsibilities to senior executives," mused Baxter, "and another thing to have the sum of their efforts add up to something greater." Madison Avenue Makeover provides a unique insight into how one company changed in order to survive, and at the same time, redefined the advertising agency business. AUTHOR: Prior to founding Farmer & Company in 1992, Michael Farmer was a strategy consultant with The Boston Consulting Group and a Director of Bain & Company. He headed Bain's Munich, Paris and London offices during Bain's decade of European expansion in the 1980s. He is the author of Madison Avenue Manslaughter.
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