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Clients want their agencies to be tech-savvy, but Bob Ivins, Mindshare North America's chief data officer (a new role at agencies), has lamented his industry's "Bermuda triangle": "Ideas vanish out of thin air because they are brought down by the lack of talent, infrastructure and business model".
"We're working towards that [bigger] vision [of becoming a talent infrastructure for all sorts of companies].
Banks have the resources to acquire the best talent, infrastructure and whatever it takes to get the job done.
By the time problems like local talent, infrastructure are all figured out, you've got China– a place where local companies have grabbed most of the opportunities.
"The ultimate end game here [is] where we could be this talent infrastructure, almost, for a lot of companies — not only the Fortune 500s that we're going after right now, but also for early stage startups.
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Ma's talk of strengthening Aliyun's "talent base, technology, and infrastructure" is interesting in light of the Google fracas.
3. The company will invest US$200 million into the Aliyun OS business, to strengthen its talent base, technology, and infrastructure.
Since Facebook acquired the app, Instagram has leveraged the social media giant's talent and infrastructure to grow both its user base and advertising business.
These connections are increasingly taking place in "innovation ecosystems" and through programs such as accelerators, hackathons, prize competitions, and co-working spaces in which stakeholders and communities contribute and share resources (e.g., talent, ideas, infrastructure, money, and connections).
We believe that working with local founders has certain advantages - they reflect the demographics of the markets they serve, their lived experience helps them identify unique, scalable, market-based solutions overlooked by others, and they are more likely to stay for the long haul - thus having multiplier effects by developing local talent and infrastructure.
Much of the talent and infrastructure is already in place, which I am grateful for.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com