Talent retention is key, says Mindshare’s Prasanth Kumar

MUMBAI: Mindshare, a global media and marketing services company that is a part of GroupM, has completed 20 years this November globally and 15 years in India. The company was created by the merger of the media operations of JWT and Ogilvy & Mather, then the two big full-service advertising agencies within the WPP group.

Mindshare has global billings in excess of $34.5 billion. The network consists of more than 7,000 employees, in 116 offices across 86 countries spread throughout North America, Latin America, Europe, Middle East, Africa and Asia Pacific. Each office is dedicated to forging a competitive marketing advantage for businesses and their brands based on speed and teamwork. Mindshare is a part of GroupM, which oversees the media investment management sector for WPP, the world’s leading communications services group.

Mindshare helps clients to make collaborative decisions across their paid, owned and earned marketing in real-time with various tools and services such as FAST, Content+, Mindscan, Kyve and Loop rooms offered by the network.

While FAST is the programmatic and performance marketing engine leveraging audience insights, category dynamics and environmental triggers to deliver a customised solution in real-time, Content+ was launched to focus on producing insight-driven, purposeful content for a specific audience, at a specific time to meet a specific brand need. Kyve is a platform for brands and advertisers to track online video viewership. It also helps to use the data and intelligence gathered to scan, seed, and strategise end-to-end digital video and content strategies for brands. The tool also leverages its platform for precise brand targeting on online video, to eliminate audience spillage, and further measure the success of video campaigns. LOOP Room brings diverse talent together in one place to interpret data, gain insights and optimise campaigns in real time.

Prasanth Kumar, also known as PK, took over as the CEO of Mindshare India and South Asia in February 2015. Prior to this he was the managing partner, Central Trading Group, South Asia, GroupM.

Thanking his predecessors for making the organisation what it is today and laying a strong foundation, Kumar says, “We are glad to be celebrating 20 years and it is a big milestone for any agency. In the last 20 years, the Indian media industry has evolved along with our agency. It is a great achievement for any agency to be celebrating 20 years in this ever-evolving media world.”

Kumar also added that talent retention is a big challenge in today’s time when the younger generation does not want to join the media world. To combat the issue, Mindshare organises workshops and seminars for its employees while also encouraging and appreciating their hard work.

He also mentioned that the client agency relationship has changed dynamically over the last few years and it is a challenge to retain clients. An agency needs to be attentive and agile to cater to the client's changing need and Mindshare has been successful in doing that over the last 20 years, resulting in clients being with Mindshare for the long term.

Terms such as analytics, big data and AI (artificial intelligence) became more prominent this year but Kumar believes that the Indian media landscape is yet to adapt and understand these tools. He has a positive outlook for 2018 and believes it will be a good year for the industry as a whole after a year’s slowdown due to demonetisation and GST.

Latest Reads
AI-based chess board maker Square Off introduces two new products

Harish Thawani, the founder of Nimbus and Neo Sports is one mean competitor who loves the mental battle the game of chess provides. Are there any other players amongst media executives who want to rise up to the challenge? This one is for Thawani and for them.

MAM Marketing MAM
PHD Appoints Monaz Todywalla as CEO for India

Mumbai: PHD, part of Omnicom Media Group, has roped in Monaz Todywalla as its new chief executive officer for India. Prior to joining PHD India, Monaz held the role of VP of growth & strategy at Wavemaker India. PHD APAC CEO James Hawkins said, “We could not have asked for a more experienced,...

MAM Marketing MAM
Somany Ceramics styles Mumbai Airport

Somany Ceramics Limited, an internationally acclaimed organization that specializes in ceramics and allied products segment and known to be a leader in design and innovation, has recently executed an outdoor campaign at Mumbai International Airport. The campaign was done in association with Times...

MAM Marketing MAM
Whirlpool to sponsor ESPNcricinfo for IPL 2020

NEW DELHI: Whirlpool of India, a subsidiary of Whirlpool Corporation, world’s leading kitchen and laundry home appliance company, signs official sponsorship with ESPNcricInfo for IPL 2020. As part of the association, Whirlpool will bring alive the IPL fever through one-of-a-kind flagship shows,...

MAM Marketing MAM
22feet Tribal Worldwide ropes in Amrit Panigrahi to lead transformation consulting & technology practice

NEW DELHI: In a move to bolster its digital transformation and brand experience offering, 22feet Tribal Worldwide, part of the DDB Mudra Group, has appointed Amrit Panigrahi to lead its transformation consulting and technology practice. Amrit will closely work with  22feet Tribal Worldwide...

MAM Media and Advertising People
Ceat gears up to drive hard during the IPL20

NEW DELHI: It does not seem to be tiring of its partnership with the IPL. Leading Indian tyre maker Ceat has been associated with the world’s most valued cricket league since 2015.  And it has once again gone ahead and partnered with the BCCI as a strategic time out partner. It first put its money...

MAM Marketing MAM
#MediaMinds2 | Emotional pact within our teams helped us survive this pandemic: Aditya Kanthy

NEW DELHI: Having spent more than 17-years of his professional career with DDB Mudra Group, Aditya Kanthy is very proud of two things; the amazing work that the creative powerhouse is constantly churning out and the emotional bond that all the members of the team have developed. And he attributes...

MAM Podcasts
Cadbury Dairy Milk partners with Mumbai Indians to spread sweetness

NEW DELHI: Cadbury Dairy Milk has partnered with Mumbai Indians as their official Goodness Partner to spread the message of acknowledging the unacknowledged with the “#SayThankYou” initiative.  As part of this initiative, the brand will double the total runs scored in all Mumbai Indians matches to...

MAM Marketing MAM
This IPL season, RCB celebrates Covid warriors

NEW DELHI: We are living in a new normal and the idea of heroes in the field has got redefined in the past six months as regular people have transformed themselves into selfless frontline warriors who are winning the battle of humanity. During IPL season 13, Royal Challengers Bangalore will be...

MAM Marketing MAM

Sign up for our Newsletter

subscribe for latest stories

* indicates required