adobo magazine Issue 64 | Page 165

SPOTLIGHT THE FIRM 164 as opposed to transactions.” Reflecting on what legacy he leaves behind, Young says, “I think, without doubt, it’s taking the agency back to its roots of being a creative place, valuing creativity and being prepared to go out and win in the best competitions in the world and all of your peers recognizes that you are very creative. So the journey which we’ve been on the past seven or eight years to restore that credible reputation. I think it’s been successful and I am extremely proud of that.” INVESTING IN THE FUTURE Seifert now treads a road paved by Miles and appreciates the legacy he leaves behind. Seifert notes three initiatives responsible for Miles’ success: “The first is, Miles is an investor. He believes in investing for growth, investing in talent, investing in clients. He had come from the Asia Pacific region where he was a chairman for 14 years and he grew the business way beyond anyone’s expectations. And so when he came to the US in middle of 2008 just when the financial crisis was upon us, he spend all of the equity he built over the success of fourteen years to invest. So the first is, no matter how difficult the world feels, don’t be afraid to invest for the future.” “The second thing about Miles is, he is a huge believer in helping develop the youngest people in the company. He had an initiative called adaptive country where he would take the up and coming youngest employees about particularly developing market and bring them together and take them away for a week and give them the benefit of the smartest people on their company and let them participate in thinking about the future of the company. That has created the success we have in places like the Philippines, Indonesia, Vietnam, and Myanmar.” “And the third thing about Miles is, he is a passionate leader when it comes to developing a point of view for the company. We just launched this new initiative called the V12 [The Ogilvy & Mather adobo magazine | July - August 2016 Velocity 12 Report: The Reshaping of Global Growth]. Miles has an innate view of seeing around the corner before others do. David Ogilvy was like that. Miles has done an amazing job on that and I would carry that forward.” PAYING IT FORWARD For his part, Seifert brings the savvy of leading a portfolio of 25 global clients worth nearly $1 billion in revenue. He enumerates what he bring to the global chairmanship: “I’ve had the experiences of a fast growth reality of Asia where I spent eight years. I’ve helped them build their brands across the world. Then most recently, I’ve had the benefit of running in our North America business. That has given me a perspective that is very relevant for the company we have today because we are truly global.” “I think I’m very close to clients. I’ve spent most of my career serving clients. so I think I have a pretty good sense of understanding what their needs are or what they expect of us.” “And the third is that, I’ve had the benefit of being mentored and developed by the best people in the company. I was a college dropout. When I started in Ogilvy, I was a summer intern. I did not deserve the job that I got when I started with Ogilvy and the only reason I was able to spend my entire career in Ogilvy is I had amazing mentors who enabled me to have a variety of different experiences... I hope A time of crisis is a fantastic time of opportunity. There were changes crying out to be made and the situation around me made it possible. -MILES YOUNG I can pay forward... I want many more senior women to grow on the company and gender equality is one of my most important priorities.” FAST INTO THE FUTURE Guiding Seifert forward into the future is The Ogilvy & Mather Velocity 12 Report (see page 174), published June 2016 as one of Miles’ initiatives. Seifert asserts, “Brands have always have to adapt to the values and beliefs of the consumers that they seek, bond with and do business. Now we live in a world where global brands can’t grow if they’re not relevant locally. It’s never been more challenging to figure out how to be relevant, emotionally and compelling in a local context.”