Strategy Playbook

Ana Andjelic
Ana AndjelicForbes CMO Next, Brand Growth Leader, Doctor of Sociology
STRATEGY PLAYBOOK
Designing Responsive Strategy for Creative Agencies




                         1
THE CHALLENGE.

Create a systemic, proactive and continuous growth that builds on
 the agency’s existing strengths without diluting its unique culture.




                                  2
AGENCIES RESPOND TO THIS CHALLENGE BY:


    New
Offerings
                     Adding new services
                 (Labs, Studios, Interactive Production,
               Digital product development, Social Media,                   ?
                 Digital strategy, Digital media planning))




 Existing
Offerings
                   Making legacy business                          Expanding into new
                       more valuable                              categories and industry
                 (Integrated campaigns, Digital products,
                              Digital systems)                           verticals




            Existing Clients                                                       New Clients



                                                              3
THEY ARE SLOWER TO TACKLE A LONG-TERM, FUTURE-
          FACING GROWTH OPPORTUNITY:

    New
Offerings
                     Adding new services                          Can agencies become
                 (Labs, Studios, Interactive Production,           value brokers in the
               Digital product development, Social Media,
                 Digital strategy, Digital media planning))            digital world?




 Existing
Offerings
                   Making legacy business                          Expanding into new
                       more valuable                              categories and industry
                 (Integrated campaigns, Digital products,
                              Digital systems)                           verticals




            Existing Clients                                                       New Clients



                                                              4
THE ROLE OF STRATEGY IN THE LONG-TERM,
        FUTURE-FACING GROWTH




                 5
BY ITS VERY NATURE, STRATEGY IS WELL POSITIONED TO HELP



            CONSUMER
                                    •   It clarifies the problem
                                    •   Formulates the hypothesis about the
                                        solution and selects a method to test it
                                    •   Sets clear and constant objectives
                                    •   Defines resources needed to meet them
 BUSINESS              MARKET       •   Combines convergent and divergent
                                        thinking, direction and inspiration
                                    •   Human-centered, sustainable, holistic
                                    •   Designs the plan for execution
             BRAND                  •   Requires internal and external collaboration
                                    •   Defines how success will be measured




                                6
BUT THE WAY AGENCIES ARE CURRENTLY USING
                 STRATEGY IS LIMITED:

• Surveys, focus groups and secondary-research audience insights
• Brand Models


• Trend mapping

• Competitive overviews


• Summary of best practices


• Comms planning and Engagement Planning

• Data and Analytics


• As a set-up for creative concepts




                                 7
THIS IS HOW THEY CAN BE USING IT:

•   Create a hub for primary, design thinking-driven consumer insights, brand
    audits, and business analysis. Develop problem-solving briefs and
    establish a digital-first strategic process. Don’t just set the stage for the
    creative, but inspire it to become even better.




                                         8
THIS IS HOW THEY CAN BE USING IT:

• Create a hub for primary, design thinking-driven consumer insights, brand
  audits, and business analysis. Develop problem-solving briefs and
  establish a digital-first strategic process. Don’t just set the stage for the
  creative, but inspire it to become even better.
• Explore new revenue models and come up with new commerce

  opportunities for brands. Detect digital growth opportunities on an agency
  level.




                                       9
THIS IS HOW THEY CAN BE USING IT:

• Create a hub for primary, design thinking-driven consumer insights, brand
  audits, and business analysis. Develop problem-solving briefs and
  establish a digital-first strategic process. Don’t just set the stage for the
  creative, but inspire it to become even better.
• Explore new revenue models and come up with new commerce

  opportunities for brands. Detect digital growth opportunities on an agency
  level.
• Nurture relationship with innovators who are disrupting business. Connect

  the agency with the wider digital ecosystem.




                                      10
THIS IS HOW THEY CAN BE USING IT:

• Create a hub for primary, design thinking-driven consumer insights, brand
  audits, and business analysis. Develop problem-solving briefs and
  establish a digital-first strategic process. Don’t just set the stage for the
  creative, but inspire it to become even better.
• Explore new revenue models and come up with new commerce

  opportunities for brands. Detect digital growth opportunities on an agency
  level.
• Nurture relationship with innovators who are disrupting business. Connect

  the agency with the wider digital ecosystem.
• Create thought leadership content (articles, POVs, reports, presentations)

  to be used in agency marketing and sold to clients.




                                      11
THIS IS HOW THEY CAN BE USING IT:

• Create a hub for primary, design thinking-driven consumer insights, brand
  audits, and business analysis. Develop problem-solving briefs and
  establish a digital-first strategic process. Don’t just set the stage for the
  creative, but inspire it to become even better.
• Explore new revenue models and come up with new commerce

  opportunities for brands. Detect digital growth opportunities on an agency
  level.
• Nurture relationship with innovators who are disrupting business. Connect

  the agency with the wider digital ecosystem.
• Create thought leadership content (articles, POVs, reports, presentations)

  to be used in agency marketing and sold to clients.
• Become a new revenue stream for the agency as a stand-alone service

  that is pitched to clients separately from creative development. Expand
  agency offerings to include brand books, social media playbooks, brand
  strategy, strategic platform development, and content strategy.

                                      12
MORE SPECIFICALLY, STRATEGY CAN SPUR GROWTH BY
      FOCUSING ON THE FOLLOWING TASKS:



 INNOVATE     CONNECT        LEAD     INSPIRE




                        13
Innovation of consumer experience and commerce business models




                              14
Innovate
   Design and
       develop
     innovative   Scout digital markets
   experiences    to come up with new
and commerce      business & revenue
      business    ideas.
       models.
                  At best, you’d create
                  money that didn’t exist
                  before you came up
                  with the idea (AirBnB
                  and Uber have also
                  done it.)




                                            15
First step is to ask what business you
     are in.
     Stop defining yourself as an agency. You are
     not only about creative ideas, campaigns,
     media plans, design or production.
     You are about business solutions, great
     experiences, sustainable systems, content and
     distribution. You are an advisor, broker and
     curator.
     When you redefine yourself like this, the range
     of solutions you can come up with expands.
     The range of problems you can solve and
     clients you can serve expands, too.




16
Find new ways to solve problems:
     •   How might we create positive acquisition
         utility by innovating with a flexible check-in
         process?
     •   How might we make the existing brand
         offerings more valuable through creating
         context for their consumption, coming up
         with meaningful extensions or adding utility?
     •   How might we turn utility into ads? How might
         we introduce fun, small solutions into our
         media plans?
     •   How might we utilize sharing economy to
         deliver value to our brands?
     •   How might we translate our brands’ value
         chain into customer experience flow?




17
DIGITAL COMMERCE MARKETS




Retail is the biggest digital commerce market, but it’s not the only one.
          There is a number of possible digital revenue streams.
                                   18
Connect: Create a marketplace for ideas, capital and collaboration




                                19
Connect
     Connect
different dots
     to create   Use digital
    something    infrastructure to bundle
          new.   your clients’ offerings
                 with innovative,
                 disruptive solutions.
                 By doing so, create a
                 new revenue source
                 for brands.




                                            20
Connect
       Create
   meaningful
collaborations   Know what behavior
     between     you need to affect to
      brands.    achieve desired
                 business results for
                 your clients. This will
                 lead you to the right
                 complimentary
                 partners.




                                           21
Connect
 Help those
 who disrupt
  business.    Connect brands with
               innovators:
               Mix community and
               commerce to increase
               products’ reach.
               Use collaborative
               consumption to
               increase brand affinity.
               Employ redistribution
               markets to extend the
               product lifecycle.




                                         22
Connect
  Turn into a
value broker.
                There is currently a big
                demand for platforms
                that allow consumers
                to invest in the
                products, people and
                companies they know
                and love.
                These platforms are
                multi-sided: they serve
                entrepreneurs,
                advisors and investors.
                The main benefit in this
                ecosystem is that
                whoever builds a
                platform, owns it.




                                           23
Connect
Mix marketing
    and utility.
                   Ads don’t have to
                   come in the form of
                   banners. They can
                   also be digital
                   products.
                   Integrate your love for
                   digital products with
                   your extensive
                   distribution and
                   marketing
                   infrastructure.




                                             24
Lead the industry conversation through insights, tools and direction




                                 25
Lead
  Expose the
      freshest
       people,    Strategy’s leadership
solutions and     task is to influence,
 ideas of our     shape and direct
          time.   industry conversations.
                  In order to become a
                  think-thank, strategy
                  needs to keep close to
                  those who are
                  disrupting business.
                  It also needs to be able
                  to communicate its
                  insights in simple and
                  clear way, to multiple
                  audiences.




                                             26
CRAFT                      THINK                     FIND




  Use insights into the        Curate articles,
                                                     Put selected thinkers,
     latest trends in        interviews, expert
                                                      doers and writers on
technology & behavior      opinions and data that
                                                      the map and explore
 to build products and         talk about new
                                                    their ideas on the future
  tools that respond to       mechanisms of
                                                     of commerce, brands,
       clients’ and       creating value. Become
                                                         technology and
       customers’           a go-to resource for
                                                            business.
       challenges.             digital markets.




                                    27
Use inspiration tools to make the creative better




                       28
Inspire
       Use the
   principles of
design thinking    The aim of great
  to enrich the    strategy is to liberate
       creative    great creativity (and not
      process.     to make planners
                   famous).
                   The fastest route to
                   inspiration is a human-
                   centric, problem-
                   solving approach that
                   adds value to people’s
                   lives.
                   It combines six
                   techniques:
                   - Customer Insights
                   - Ideation
                   - Prototyping
                   - Storytelling
                   - Scenarios


                                               29
30
Consumer Insights

 Why.
Start strategy with humans. It increases the
likelihood of developing a breakthrough idea and
finding a receptive market by connecting this ideas
to existing behaviors.


 What.
Make sure that our value proposition solves real
customer problems. Make sure that customers are
willing to pay for it. Know how they’d like to be
reached.


 How.
The empathy map, Digital ethnography,
ethnography, language-based insights, expert
Interviews, Online user testing, Online surveys,
Segmentation handbooks, Insight out, Individual
interviews, Group interviews, In-context immersion,
Observation..
31
Ideation

 Why.
Come up with a large number of ideas, hypotheses
or possible solutions. It gets creative minds thinking
and increases likelihood of them coming up with a
breakthrough idea.

 What.
Ideation process has two parts: generation where
volume matters and synthesis where ideas are
narrowed down to a small number of viable options.

  How.
Come up with hypotheses, Define opportunities,
Create solutions, Make sense of consumer insights




32
Prototyping & Storytelling

 Why.
Create low-investment, low-cost ways of trying out
team’s ideas in a real world context and serving as
a springboards for the next round of ideas.

 What.
Tell a story about which challenges a customer is
facing and which job they want to get done.
Illustrate how team’s ideas create value for
customers and create value for them. This is a
clear way to introduce a solution and describing
how it fits into customers’ life.

  How.
Storyboards, Visual storytelling.




33
Scenarios

 Why.
Make customer insights tangible and inform the
design development process through specific
and detailed design context.



 What.
Capture how people travel through a product,
service or brand experience in time and what
the most meaningful points are. Clarify where
the customer and the service or brand interact
and what are the points of opportunity to deliver
value.

  How.
How.
Experience journey maps, Experience blueprint,
Customer journeys, Future scenarios




34
SUMMARY: THE ROLE OF STRATEGY IN THE LONG-
       TERM, FUTURE-FACING AGENCY GROWTH


     Systemic integration of three core lines of business:
       service, product innovation and infrastructure.



       1/3                    1/3                    1/3
      Service           Product & service        Infrastructure
                           innovation

 Influence scale and     Lead digital market
                                                Help emerging
scope of an agency’s       innovation and
                                                digital markets
offerings & recognize    influence industry
                                               grow and scale.
growth opportunities.      conversations.




                                 35
andjelicaaa@gmail.com
@andjelicaaa
www.slideshare.net/andjelicaaa
http://www.guardian.co.uk/media-network/media-
network-blog/2013/feb/11/ten-digital-strategists-
watch-2013
anaandjelic.typepad.com
http://adage.com/author/ana-andjelic/3343
http://www.fastcocreate.com/1681792/what-
marketers-are-getting-wrong-about-loyalty
http://vimeo.com/19634070




     36
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Strategy Playbook

  • 1. STRATEGY PLAYBOOK Designing Responsive Strategy for Creative Agencies 1
  • 2. THE CHALLENGE. Create a systemic, proactive and continuous growth that builds on the agency’s existing strengths without diluting its unique culture. 2
  • 3. AGENCIES RESPOND TO THIS CHALLENGE BY: New Offerings Adding new services (Labs, Studios, Interactive Production, Digital product development, Social Media, ? Digital strategy, Digital media planning)) Existing Offerings Making legacy business Expanding into new more valuable categories and industry (Integrated campaigns, Digital products, Digital systems) verticals Existing Clients New Clients 3
  • 4. THEY ARE SLOWER TO TACKLE A LONG-TERM, FUTURE- FACING GROWTH OPPORTUNITY: New Offerings Adding new services Can agencies become (Labs, Studios, Interactive Production, value brokers in the Digital product development, Social Media, Digital strategy, Digital media planning)) digital world? Existing Offerings Making legacy business Expanding into new more valuable categories and industry (Integrated campaigns, Digital products, Digital systems) verticals Existing Clients New Clients 4
  • 5. THE ROLE OF STRATEGY IN THE LONG-TERM, FUTURE-FACING GROWTH 5
  • 6. BY ITS VERY NATURE, STRATEGY IS WELL POSITIONED TO HELP CONSUMER • It clarifies the problem • Formulates the hypothesis about the solution and selects a method to test it • Sets clear and constant objectives • Defines resources needed to meet them BUSINESS MARKET • Combines convergent and divergent thinking, direction and inspiration • Human-centered, sustainable, holistic • Designs the plan for execution BRAND • Requires internal and external collaboration • Defines how success will be measured 6
  • 7. BUT THE WAY AGENCIES ARE CURRENTLY USING STRATEGY IS LIMITED: • Surveys, focus groups and secondary-research audience insights • Brand Models • Trend mapping • Competitive overviews • Summary of best practices • Comms planning and Engagement Planning • Data and Analytics • As a set-up for creative concepts 7
  • 8. THIS IS HOW THEY CAN BE USING IT: • Create a hub for primary, design thinking-driven consumer insights, brand audits, and business analysis. Develop problem-solving briefs and establish a digital-first strategic process. Don’t just set the stage for the creative, but inspire it to become even better. 8
  • 9. THIS IS HOW THEY CAN BE USING IT: • Create a hub for primary, design thinking-driven consumer insights, brand audits, and business analysis. Develop problem-solving briefs and establish a digital-first strategic process. Don’t just set the stage for the creative, but inspire it to become even better. • Explore new revenue models and come up with new commerce opportunities for brands. Detect digital growth opportunities on an agency level. 9
  • 10. THIS IS HOW THEY CAN BE USING IT: • Create a hub for primary, design thinking-driven consumer insights, brand audits, and business analysis. Develop problem-solving briefs and establish a digital-first strategic process. Don’t just set the stage for the creative, but inspire it to become even better. • Explore new revenue models and come up with new commerce opportunities for brands. Detect digital growth opportunities on an agency level. • Nurture relationship with innovators who are disrupting business. Connect the agency with the wider digital ecosystem. 10
  • 11. THIS IS HOW THEY CAN BE USING IT: • Create a hub for primary, design thinking-driven consumer insights, brand audits, and business analysis. Develop problem-solving briefs and establish a digital-first strategic process. Don’t just set the stage for the creative, but inspire it to become even better. • Explore new revenue models and come up with new commerce opportunities for brands. Detect digital growth opportunities on an agency level. • Nurture relationship with innovators who are disrupting business. Connect the agency with the wider digital ecosystem. • Create thought leadership content (articles, POVs, reports, presentations) to be used in agency marketing and sold to clients. 11
  • 12. THIS IS HOW THEY CAN BE USING IT: • Create a hub for primary, design thinking-driven consumer insights, brand audits, and business analysis. Develop problem-solving briefs and establish a digital-first strategic process. Don’t just set the stage for the creative, but inspire it to become even better. • Explore new revenue models and come up with new commerce opportunities for brands. Detect digital growth opportunities on an agency level. • Nurture relationship with innovators who are disrupting business. Connect the agency with the wider digital ecosystem. • Create thought leadership content (articles, POVs, reports, presentations) to be used in agency marketing and sold to clients. • Become a new revenue stream for the agency as a stand-alone service that is pitched to clients separately from creative development. Expand agency offerings to include brand books, social media playbooks, brand strategy, strategic platform development, and content strategy. 12
  • 13. MORE SPECIFICALLY, STRATEGY CAN SPUR GROWTH BY FOCUSING ON THE FOLLOWING TASKS: INNOVATE CONNECT LEAD INSPIRE 13
  • 14. Innovation of consumer experience and commerce business models 14
  • 15. Innovate Design and develop innovative Scout digital markets experiences to come up with new and commerce business & revenue business ideas. models. At best, you’d create money that didn’t exist before you came up with the idea (AirBnB and Uber have also done it.) 15
  • 16. First step is to ask what business you are in. Stop defining yourself as an agency. You are not only about creative ideas, campaigns, media plans, design or production. You are about business solutions, great experiences, sustainable systems, content and distribution. You are an advisor, broker and curator. When you redefine yourself like this, the range of solutions you can come up with expands. The range of problems you can solve and clients you can serve expands, too. 16
  • 17. Find new ways to solve problems: • How might we create positive acquisition utility by innovating with a flexible check-in process? • How might we make the existing brand offerings more valuable through creating context for their consumption, coming up with meaningful extensions or adding utility? • How might we turn utility into ads? How might we introduce fun, small solutions into our media plans? • How might we utilize sharing economy to deliver value to our brands? • How might we translate our brands’ value chain into customer experience flow? 17
  • 18. DIGITAL COMMERCE MARKETS Retail is the biggest digital commerce market, but it’s not the only one. There is a number of possible digital revenue streams. 18
  • 19. Connect: Create a marketplace for ideas, capital and collaboration 19
  • 20. Connect Connect different dots to create Use digital something infrastructure to bundle new. your clients’ offerings with innovative, disruptive solutions. By doing so, create a new revenue source for brands. 20
  • 21. Connect Create meaningful collaborations Know what behavior between you need to affect to brands. achieve desired business results for your clients. This will lead you to the right complimentary partners. 21
  • 22. Connect Help those who disrupt business. Connect brands with innovators: Mix community and commerce to increase products’ reach. Use collaborative consumption to increase brand affinity. Employ redistribution markets to extend the product lifecycle. 22
  • 23. Connect Turn into a value broker. There is currently a big demand for platforms that allow consumers to invest in the products, people and companies they know and love. These platforms are multi-sided: they serve entrepreneurs, advisors and investors. The main benefit in this ecosystem is that whoever builds a platform, owns it. 23
  • 24. Connect Mix marketing and utility. Ads don’t have to come in the form of banners. They can also be digital products. Integrate your love for digital products with your extensive distribution and marketing infrastructure. 24
  • 25. Lead the industry conversation through insights, tools and direction 25
  • 26. Lead Expose the freshest people, Strategy’s leadership solutions and task is to influence, ideas of our shape and direct time. industry conversations. In order to become a think-thank, strategy needs to keep close to those who are disrupting business. It also needs to be able to communicate its insights in simple and clear way, to multiple audiences. 26
  • 27. CRAFT THINK FIND Use insights into the Curate articles, Put selected thinkers, latest trends in interviews, expert doers and writers on technology & behavior opinions and data that the map and explore to build products and talk about new their ideas on the future tools that respond to mechanisms of of commerce, brands, clients’ and creating value. Become technology and customers’ a go-to resource for business. challenges. digital markets. 27
  • 28. Use inspiration tools to make the creative better 28
  • 29. Inspire Use the principles of design thinking The aim of great to enrich the strategy is to liberate creative great creativity (and not process. to make planners famous). The fastest route to inspiration is a human- centric, problem- solving approach that adds value to people’s lives. It combines six techniques: - Customer Insights - Ideation - Prototyping - Storytelling - Scenarios 29
  • 30. 30
  • 31. Consumer Insights Why. Start strategy with humans. It increases the likelihood of developing a breakthrough idea and finding a receptive market by connecting this ideas to existing behaviors. What. Make sure that our value proposition solves real customer problems. Make sure that customers are willing to pay for it. Know how they’d like to be reached. How. The empathy map, Digital ethnography, ethnography, language-based insights, expert Interviews, Online user testing, Online surveys, Segmentation handbooks, Insight out, Individual interviews, Group interviews, In-context immersion, Observation.. 31
  • 32. Ideation Why. Come up with a large number of ideas, hypotheses or possible solutions. It gets creative minds thinking and increases likelihood of them coming up with a breakthrough idea. What. Ideation process has two parts: generation where volume matters and synthesis where ideas are narrowed down to a small number of viable options. How. Come up with hypotheses, Define opportunities, Create solutions, Make sense of consumer insights 32
  • 33. Prototyping & Storytelling Why. Create low-investment, low-cost ways of trying out team’s ideas in a real world context and serving as a springboards for the next round of ideas. What. Tell a story about which challenges a customer is facing and which job they want to get done. Illustrate how team’s ideas create value for customers and create value for them. This is a clear way to introduce a solution and describing how it fits into customers’ life. How. Storyboards, Visual storytelling. 33
  • 34. Scenarios Why. Make customer insights tangible and inform the design development process through specific and detailed design context. What. Capture how people travel through a product, service or brand experience in time and what the most meaningful points are. Clarify where the customer and the service or brand interact and what are the points of opportunity to deliver value. How. How. Experience journey maps, Experience blueprint, Customer journeys, Future scenarios 34
  • 35. SUMMARY: THE ROLE OF STRATEGY IN THE LONG- TERM, FUTURE-FACING AGENCY GROWTH Systemic integration of three core lines of business: service, product innovation and infrastructure. 1/3 1/3 1/3 Service Product & service Infrastructure innovation Influence scale and Lead digital market Help emerging scope of an agency’s innovation and digital markets offerings & recognize influence industry grow and scale. growth opportunities. conversations. 35