Stumbling heroes and foamers
Noteworthy: The Wirz brand is still far ahead of most agencies in several key areas: authority, continuity, and profile. A comeback is possible if Wirz stays true to itself.
Column The Wirz brand still has a lot of advantages over most agencies. Namely: authority, continuity and profile. A comeback is possible if Wirz remains true to itself Dear Jost Wirz, recently you and your company have been in the headlines more often than you would like. The difficulties you are facing have been portrayed in a neutral or even gleeful way. Of course, everyone knows what went wrong and what you should have done differently. At the advertising regulars' tables, heads are weighed and all the glorious old stars and eager newcomers outdo each other with ad hoc analyses. They shed a few crocodile tears in the process, not without secretly calculating whether one or two budgets could be deducted, but the fact is that the cold winds of recession have probably caught you on the wrong foot. What was right two years ago is suddenly wrong today. You invested, extrapolated the future from the present - and now everything has changed. What you planned was by no means foolhardy; it wouldn't have suited you either. You have always been a clean, decent quality agency, one of the few that could be relied upon. And you've had this status longer and deserved it longer than any other agency.
That's precisely why you're now becoming a feast for all profile neurotics and know-it-alls. It's much more spectacular when heroes stumble than when it's just the usual froth-mongers. Every mediocre CEO will cushion their lack of performance with the Wirz effect. Anyone who used to look enviously at your consistency and status now feels like they're in the same private club. If only it were that easy.
In reality, you are still way ahead of most people. You have what you and every sensible agency repeatedly - and often in vain - urge clients to have: You have a brand or, as it is called today, a brand. Your brand has everything you could wish for: Authority, continuity, profile. And even if I don't have the slightest insight into your current situation, I dare to make a prediction: you will make a brilliant comeback if you remain true to yourselves. If not tomorrow, then the day after tomorrow. Because nothing is as strong as a strong brand. I sincerely hope that you (and all other agencies that uphold their brand) don't have to wait until the day after tomorrow.
Walter Bosch was editor-in-chief of Blick, head of all the editors-in-chief of the
Ringier Verlag and co-founder of the advertising agency Bosch & Butz. Since selling the agency in 1998, he has been an entrepreneur and consultant in Zurich and the USA.
That's precisely why you're now becoming a feast for all profile neurotics and know-it-alls. It's much more spectacular when heroes stumble than when it's just the usual froth-mongers. Every mediocre CEO will cushion their lack of performance with the Wirz effect. Anyone who used to look enviously at your consistency and status now feels like they're in the same private club. If only it were that easy.
In reality, you are still way ahead of most people. You have what you and every sensible agency repeatedly - and often in vain - urge clients to have: You have a brand or, as it is called today, a brand. Your brand has everything you could wish for: Authority, continuity, profile. And even if I don't have the slightest insight into your current situation, I dare to make a prediction: you will make a brilliant comeback if you remain true to yourselves. If not tomorrow, then the day after tomorrow. Because nothing is as strong as a strong brand. I sincerely hope that you (and all other agencies that uphold their brand) don't have to wait until the day after tomorrow.
Walter Bosch was editor-in-chief of Blick, head of all the editors-in-chief of the
Ringier Verlag and co-founder of the advertising agency Bosch & Butz. Since selling the agency in 1998, he has been an entrepreneur and consultant in Zurich and the USA.
