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We are not using AI to cut costs: Mark Read

Sep 17, 2023 - campaignasia.com
WPP's CEO, Mark Read, and global chief creative officer, Rob Reilly, discussed India's growing significance as a market and creative hub during a visit for a global board meet. They acknowledged India's position as the fifth-largest market for WPP agencies and its potential to rise higher. Read expressed confidence in India's potential for substantial growth, particularly in the media industry and technology-related areas. He also highlighted the role of acquisitions in WPP's growth strategy and the rationale behind merging traditional and digital agencies.

Read clarified that AI is being used to enhance creative ideas, expedite their realisation at a lower cost, and produce work that resonates with consumers. Reilly expressed enthusiasm for AI's potential to reintroduce elements like time, resources, and the freedom to experiment. He also shared his perspective on the creative journey at WPP, attributing the company's creative achievements to having a CEO who believes in the power of creativity. Reilly highlighted the importance of delivering purposeful ideas in a disruptive manner in purpose-driven campaigns.

Key takeaways:

  • WPP's CEO Mark Read and Global Chief Creative Officer Rob Reilly are optimistic about India's potential for growth and its role as a hub for creative innovation. They believe creativity will play a pivotal role in driving business success in India.
  • Read acknowledges the significant role acquisitions have played in WPP's growth strategy, but also expresses confidence in their existing portfolio. He also discusses the rationale behind merging traditional and digital agencies, and the integration of AKQA and Grey.
  • Both Read and Reilly are enthusiastic about the potential of AI in enhancing creative ideas and expediting their realization at a lower cost. They envision designers and writers using AI to explore and experiment with ideas rapidly.
  • Reilly highlights the importance of delivering purposeful ideas in a disruptive manner in order to stand out in the current trend of purpose marketing. He cites Apple's recent Mother Nature film as an exemplary case of successfully combining purpose with skilful execution.
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