MxMIndia

Tag: Ambika Srivastava

  • Forum to provide common platform to data-owners and data-users to find ways for ensuring ethical use of data

    Sandeep Goyal assumes charge as Prez of Forum for Ethical Use of Data

    By A Correspondent

     

    Veteran adman (and now a prolific writer) Sandeep Goyal took over as President of the Forum for Ethical Use of Data (FEUD) as a  few senior industry people came together to create a platform which will “engender the right atmosphere and the right mindset sensitised to the ethical use of data”.

     

    Media veterans Ambika Srivastava and Paulomi Dhawan assumed the positions of Vice Presidents. Srivastava is former Chairman of Vivaki Exchange and Zenith OptiMedia and Dhawan Paulomi is an active office bearer of the Indian Society of Advertisers (ISA) and has spent over 30 years at organisations like Raymond and Rediffusion. Vivek Mohan, former Country Head for Alcatel Lucent India, will be an Executive Member. A graduate from Harvard Business School, Mohan currently spends most of his time in Silicon Valley. A full-time professional CEO will be named soon, notes a communique.

     

    Said Goyal: “The Forum for Ethical Use of Data (FEUD) has been formed in response to the current vitiated sentiment, both globally and in India, as a result of all the controversies like what is happening at Facebook today, and all the fears that are being voiced even on Aadhar,” adding:  “The Forum will bring together all interest groups and get them to discuss, debate and devise a viable way forward in the handling of data so that it stays confidential, it stays protected and its keepers stay trusted. In India there is yet a lot of work that needs to be done to ensure that data of all kinds is protected and secure so as not to compromise the privacy and confidentiality of customers. Far too many organizations have access to far too much data, but they are not investing enough to keep that data well protected. At the Forum we will provide help, knowledge, guidance and eventually certification to help organizations stay ethical with the use of data at their command”.

     

    The Forum for Ethical Use of Data, adds the communique, will soon be inviting banks, credit card companies, insurance companies, telecom operators, airlines, hotels, FMCG companies, retail entities, media agencies, digital agencies and all others who are repositories of big data to join the Forum. Even government organisations will be invited to become members of FEUD.

     

    Said Srivastava: “We are plagued today by multiple issues in data protection and its ethical usage. For starters, most organizations are not even aware of who has access to, and who uses sensitive data within their own ecosystem. Compliance regulations and guidelines are very lax. No one even spends time cleaning up toxic data dumps. There are no investments to protect sensitive data appropriate to its value. At the Forum for Ethical Use of Data (FEUD), we will stimulate necessary awareness and action across organizations.”

     

    And this is what Dhawan said: “Outsourcing data and allowing uninhibited access to vendors and partners can create unprecedented situations like in the case of Facebook. At Forum for Ethical Use of Data (FEUD) we will bring about risk assessment and security awareness programs that will instill both understanding and trust within our member organizations, and their customers in turn.”

     

     

  • The offline OTT start-up has also appointed former CEO Zenith Optimedia, Ambika Srivastava and former Director, Motorola Electronics, Rajive Chandra as the company's advisory Board of Directors

    Hemant Sachdev, others join VuLiv Player as advisor

    By A Correspondent

     

    VuLiv Player has announced the appointment of Hemant Sachdev, former Microsoft India JMD, Ambika Srivastava, former CEO, Chairperson Zenith Optimedia and Rajive Chandra, former Director Strategy and Business Development, Motorola Electronics, as the company’s advisory Board of Directors. As strategic advisors, the trio will bring global expertise and in-depth industry knowledge to support tech enthusiast of VuLiv Player thereby providing mentorship, guidance and assistance to achieve the vision of VuLiv becoming the next screen.

     

    Speaking on the appointment to VuLiv Player’s Board of Directors, Hemant Sachdev, said: “The Indian consumer has a huge unfulfilled hunger for video content that is often limited by affordability, technical challenge, broken platform experience for consumers on the one hand. On the other hand, businesses, have not fully figured out how to smartly leverage video outreach and monetise this ‘Consumer Hunger’. This is where VuLiv Player comes in, where one single technology platform gives consumers access to all video, multimedia content without the price tag and provide smart businesses a channel to engage with emerging market internet consumer segments.

     

    Having been a part of few exciting journeys – Airtel, a start-up who built global scale, & Microsoft who effectively managed global scale, I see video as big opportunity to reach to the mass of India. Delighted to partner with Team VuLiv Player in this journey from consumer insights to profitable scale and help democratise video.”

     

    Speaking on the appointment of new leadership, Manoj Kumar Gupta, Founder and CEO, VuLiv said: “I am delighted that Hemant, Ambika and Rajive are by my side. We as a team are fortunate that such industry legends have bought into our vision of the next screen for our billion ‘Bhartians’.” Our advisory board’s significant expertise in consumer insights, big data analytics and brand value creation will propel us towards our vision to make VuLiv Player a global success and a trendsetter in the video space.”

     

    Added Srivastava: “Brands today are increasingly looking at unique ways of engaging with their consumers and VuLiv Player offers an opportunity to do just that, perhaps in the most engaging and effective manner. With Innovations like EyeVu, VuLiv Player can provide engagement metrics that are compelling. I am really excited to be part of team that is driven by innovation and is focussed on cutting edge technology to drive amazing opportunities for brands.”

     

    Said Chandra: “When I first heard about the product proposition from Manoj, I instantly recognised the massive potential of the platform to disrupt multiple businesses and saw potential to do wonders to India’s entertainment consumption pattern. India is a user generated and user oriented market therefore it is extremely important for the brands and telecom industry to acknowledge the potential of bringing offline consumers on online and stay connected. VuLiv Player has simply achieved this circuitous task with its technology innovation. It has provided a new definition to OTT Video in India.”

     

     

  • Industry honchos and rivals – past and present – are all praise for Madison and Sam Balsara

    Madison@25: Andre Nair, Ashutosh Srivastava,Vikram Sakhuja, Shashi Sinha, Lynn de Souza, Ambika Srivastava & Divya Gupta on the formidable frenemy

    Madison and Sam Balsara are so close to each other’s identity that while talking of one, people start talking of the other. The same happened in the case of these honchos. It is almost as much a tribute to 25 years of Sam Balsara in the industry as it is for Madison World.

     

     

     

     

     

     

     

    Andre Nair, (Former CEO GroupM South Asia), Chief Operating Officer, DatVietVAC Group Holdings

    For me, Sam Balsara & Madison represent two aspects; each the maker of the other.

     

    Madison: Joyously Indian to its core, they’re a competitor to be reckoned with. They jealously retain their clients and pitch clever, selectively & aggressively; no secret to their success & expansion over 25 years. And, through its history, Madison has grown & given opportunity for new bold leaders, like CVL Srinivas & Punitha Arumugam, to rise.

     

    Sam: Outside the competitive arena, as a key industry leader, he lives up to that old Ogilvy aphorism – a gentleman with brains, who works tirelessly with other leaders for the general betterment of the industry.

     

    Here’s to Madison and their next thriving 25 years!

     

     

     

    Ashutosh Srivastava, Chairman & CEO, Global Emerging Markets, Mindshare Worldwide

    My first encounter with Sam was years ago when I used to run Fulcrum (Unilever’s media AoR@HTA ,now JWT), prior to setting up of Mindshare in India – when Sam was looking for a person to replace Sriram who had moved to Singapore with Starcom. Sam was by then a charismatic industry leader with high credibility among clients, and Madison was seen by the advertising firms as an upstart, disrupting the establishment and breaking up the full service agency model.

     

    While I did not end up joining him in Madison, I did end up joining that industry. That one conversation with him really deepened my resolve to do what I could, along with other like minded colleagues, to get WPP to bring Mindshare & Maxus (Maximize in those days) to India. The rest, as they say, is history! Personally speaking, it certainly inspired me to get to where I am today, and I hold Sam in the highest regard as a pioneer in the market, who showed us the way. Even after WPP set up GroupM and carved out a dominant share in the market, we always saw Sam and Madison as a worthy ‘frenemy’ in the market. ‘Frenemy’, because they had similar values as us, they were a worthy competitor in pitches who always had good talent, had trusted relationships with their clients and for a long time, were very careful about who they chose to work with – Sam is always a man of his word, and was extremely careful not to overcommit to new clients without first making sure his existing clients got the highest value out of their relationship with Madison. So bitter competitors in pitching for new business, but similar views and vision on what would grow and strengthen the media agency sector. And eventually as frenemies, we ended up doing a JV together, to set up an independent Mediacom in India !

     

    Congratulations and best wishes for your 25th!

     

    Vikram Sakhuja, CEO, Maxus Worldwide

    I’ve known Sam for 20 of the 25 years Madison has been in existence. It dates back to 1993 when in P&G I took on the Media Manager role. In those days Media planning and buying were managed through full service agencies, and I introduced the notion of a consolidated Buying AOR (subsequently both Planning and Buying). Madison won the pitch, and Sam’s personal entrepreneurial style had a lot to do with it. With Sam’s support we pioneered the afternoon slot / as well as India’s first daily strip – Shanti on DD. And that was a start of a very productive relationship that continued when I moved to Coca-Cola and held a Media pitch there. Sam’s greatness lies in his high client orientation, his indefatigable energy, his deal making angles and in those days an ability to get quality talent like D Sriram, CVL Srinivas, Ajit Varghese and Lakshmi Narsimhan into Madison to work on our business.

     

    Even as a competitor it is a pleasure to work alongside Sam. He is a true statesman and puts industry interests above own. He continues to have an amazing eye for detail, and is practical to boot. For me, Madison and Sam are inextricable. I have learnt a lot of the Media I know from him, and he continues to inspire. I wish both him and Madison warmly on this milestone.

     

    Shashi Sinha, CEO, IPG Media Brands

    I have immense regard for Sam as an individual. At the time when media was not much recognized by the industry, he came to the forefront and provided industry the needed pedigree. It was largely his efforts that brought credibility to media buying business,

     

    Madison has definitely grown a lot – and created many milestones. Challenge now is to scale up and keep the momentum going. Organisation is built on culture and systems – and I am sure focus is on the side now – Sam whenever he decides to leave, would leave a legacy. Challenge is to take it up from there.

     

    Lynn de Souza

    Madison and Sam have always fascinated me. A true blue Indian story of guts and glory, innovation, ambition and perseverance. And often a bit of healthy jugaard!

     

    They believe in the strength of long term relationships, and are not afraid to ask for what they deserve. Sam’s energy is legendary and he built a successful empire largely on his ability to drive himself, and build lasting relationships with key team players and clients.

     

    I wish them 25 more years of pathbreaking game-changing success.

     

    Ambika Srivastava, Chairperson Vivaki Exchange India, Vivaki

    I have always admired and respected Sam. There are two things that I would love to mention – one, that Madison has provided very good talent to industry in leadership roles – CVL Srinivas, Ajit Varghese, Punitha Arumugam. It is just amazing. It is a place from where leaders have emerged – it is Madison’s great contribution to the industry, and a tribute to Sam’s leadership.

     

    Second, Madison has always been very tough competition. When you win against Madison – the win is far sweeter, because the competition one knows is formidable. It is not that every pitch we competed has converted into a win for us – but whenever it has happened, it has been exciting.

     

    I admire Sam for his energy and that he finds time to do so much for the industry as well.

     

    Really very good people.

     

    Divya Gupta, CEO, Dentsu Media

    My full salute to Sam and his team

     

    Madison’s client roster, the deep relationship and tenure it enjoys with these clients, speaks volumes.

     

    Just when you think you have managed to get a lead on Madison, Sam pulls out a rabbit from nowhere! By far one of the toughest competitors to go up against in a business pitch… I have had the misfortune of learning it the hard way!

     

    Sam’s passion, drive, tenacity is legendary. Madison stands testimony to this.

     

    I wish Madison and Sam an equally dynamic and successful future.

     

    Interviewed by Ritu Midha

     


  • As the GroupM South Asia CEO assumes the Maxus Global CEO role, MxMIndia speaks to a cross-section of associates, including some from competition

    The Importance of Being Vikram Sakhuja

     

    By Johnson Napier

    With inputs from Ananya Saha

     

    It may be the calling of a lifetime but as Vikram Sakhuja gets ready to shoulder new responsibilities as Global CEO of Maxus, he leaves behind a legacy at Group M that’s not going to be easy to match. Apart from influencing the team and colleagues to take on bigger challenges at the workplace, Mr Sakhuja has ensured that that the four media agencies under Group M umbrella continue to dish out excellence in whatever manner possible. The results are for all to see as the Group collectively has soared to great heights over the past few years and has become a hot favourite with several clients as well.

     

    On the eve of a farewell the team at Group M is hosting for him, MxMIndia spoke to a few industry captains who have worked or interacted closely with Mr Sakhuja maverick to gather their perspective on his contribution to Group M and towards the industry.

     

    CLIENT:

    Ajay Kakar, Chief Marketing Officer, Aditya Birla Group – Financial Services

    What does one say about Vikram? He is an omnipresent shadow. And what i mean by omnipresent is that he is there all the time but in his perfect humility and understated personality. He is not overpowering or overbearing but always there wherever you need him, wherever you need him. So as a client, i can say he is an omnipresent shadow, a very reassuring person to have to have access to and he will be there.

     

    As an industryperson, he is a very rounded person because he has the rare experience of agency, client and media. He is not a theoretical preacher but he has been on all sides and knows the practical side of clients and clients’ business. It gives him an unparalleled edge. The biggest thing i have noticed about him that he has managed to create culture at Group M, which reflects his personality of understated people who just do their best. Typically, advertising is about talking about your own self and talking about your own work. Here, his personality is of being understated and letting his work speak for himself and he has managed to permeate that culture across all Group M companies. Today, if you look at the Group M leadership belt, you find the same welcome personality across the agencies and people.

     

    What he has achieved is unparalleled  Look at the way Group M agencies are ruling not on size but on recognition also. On one end it is Mindshare and at the other, it is Maxus. Whichever horse won the race, it was Group M or Vikram.

     

    COMPETITION:

    Sam Balsara, Chairman & Managing Director, Madison World

    I’ve known Vikram Sakhuja for quite some time now first as a client at P&G and Coca Cola and then at Star India and later Group M. I see Vikram as a true-blue professional with high professional integrity and commitment to do a good, objective and honest job at hand. Also, he has performed well as a leader at Group M and his promotion is richly deserved. His promotion in fact is a cause of pride for all of us in the media industry and also India Inc. because he is an outstanding example of someone from within our industry who has been chosen to be a global head and that too operate out of India.

     

    Ambika Srivastava, Chairperson, VivaKi Exchange India

    I’ve known Vikram Sakhuja since his brand management days when he was with Coca Cola. He was very sharp and clear and was always able to ask the right questions. It’s a fundamental want but some people do not ask the right questions especially at forums. What I’ve noticed with Vikram is that he is always focused and asks the right questions. That is what enables him to articulate and address issues in the right manner.

     

    As for his stint at Group M, I personally feel that he has done a great job especially during the last 2-3 years when the economy was going through a tough phase. His appointment as global CEO of Maxus is indeed an achievement; he would be a great role model for the younger generation. I am indeed pleased that Indian talent has been recognised; it was indeed waiting to happen.

     

    MEDIA HOUSE:

    Bhaskar Das, Group CEO, Zee News (cluster)

    From what I’ve seen of Vikram Sakhuja, he is truly an inspirational leader as he is known to lead by example whether on the intellectual or managerial front. Of the many qualities that he possesses the one I think he is good at is keeping his eye on the future and seeking out cutting-edge development in the business and media space. He has a good understanding of business theories and the way it needs to undergo constant evolution for its own betterment. Our industry is such that it is undergoing continuous evolution due to acceleration in technological development and global practices. For a media buying house to be successful needs to have a good thought leadership in place and that is what Vikram Sakhuja has excelled in abundantly.

     

    During his stint, I think Group M has achieved greater heights and much of that has been possible due to his dynamic thought leadership skills. He has even created leaders out of his organisation in the time that he was at Group M. It is a matter of pride that an Indian has managed to get a global mandate, which signifies the importance being paid to Indian talent and also India being the epicentre of intellectual and managerial ability.

     

    (Dr Bhaskar Das was until recently President, Bennett Coleman and Company Ltd)

     

    COLLEAGUE:

    Ajit Varghese, Managing Director South Asia – Maxus and Motivator

    Vikram has been a client, a boss and great leader for me in the last decade. His biggest strength is depth of knowledge, ability to dig deep into issues and ability to focus on issue in hand than the people involved. To me his biggest contribution to GroupM is his ability to choreograph the strengths of 15-17 units heads and not letting competition have anything easy.

     

     


  • Has readership growth reached stagnation? CEO Roundtable discusses.

    INMA 2011: Readership, Rate Cards & a small newspaper’s success

    By Tuhina Anand

     

    On Day 1 of INMA-5th South Asia Annual Conference, there was a CEO Roundtable which saw discussion on the topic: ‘Have we reached an end to readership growth?’ The session was moderated by Bhaskar Das, President, The Times of India Group and on the panel were Sanjay Gupta, Director, CEO and Editor, Jagran Prakashan Ltd, KN Tilak Kumar, Joint Managing Directorand Editor, Deccan Herald, Shahrukh Hasan, Group Managing Director, Jang Group Pakistan and Tariq Ansari, MD, Mid-Day Multimedia Ltd.

     

    Mr Das started the session by saying that it’s a known fact that the newspaper business is undergoing challenging times and one of them is about finding a balance between a content that caters to a diverse age group at many Indian homes and remaining relevant. He also remarked that if one is bothered about physical readership when a consumer is accessing media through various touch points, shouldn’t virtual readership also be considered? He also questioned the merit of measurement vis -a-vis frequency and periodicity.

     

    Mr Ansari said, “The truth is that the readership of urban English newspaper has reached a plateau and the growth in terms of numbers in SEC C and D but the question is if that category is also the one which advertisers would be interested in and then the answer becomes doubtful.”

     

    The session also looked at growing readership in a new market with an old product as well as raised question on the need to show yoy growth of readership where in actuality it should be yoy growth of advertiser?

     

    In all this grim scenario, Titak Kumar of DH brought the example of Karnataka language daily which has been seeing growth since both income and literacy levels have gone up.

     

    Another staggering point that gives players to think about is the pricing of a newspaper. While in India, the you can get a newspaper even at Rs 1.50, Shahrukh Hasan from Jang Group pointed that in Pakistan the paper would cost anywhere between Rs 15-23 and yet not cover its production cost.

     

    The idea that emerged was to innovate and seize the opportunity in the industry today. Also if multiple touch points is the new reality how does one update, upgrade and monetize from these various platforms.

     

    In another session, the panel discussed, ‘The Advertising Challenge: Space Selling in the Age of Multiple Platforms and Vanishing Rate Card’. On the panel were, Ambika Srivastava, Chairperson, ZenithOptimedia and Vivaki Exchange, Bijou Kurien, President and Chief Executive, Lifestyle, Reliance Retail, Jayen Mehta, GM, Marketing, Gujarat, Co-Operative Milk Marketing Federation, Rohit Gupta, President, Sony Entertainment Television, Bhaskar Das, President, The Times of India Group and Aritra Sarkar, VP, Strategy, ABP Pvt Ltd.

     

    The panel discussed if the rates cards have a value and Ms Srivastava endorsed this view along with Bhaskar Das though he differed that the rate card can be in different format and packaged differently to create a value proposition. Mr Gupta however giving the TV industry side of the story was of the opinion that in his industry rate cards doesn’t apply as the window of opportunity is less in television and rates vary from deal to deal and client to client.

     

    There was another session on ‘Good Editorial Content and Credibility are Good Business Also’  where Harisvansh, Chief Editor, Prabhat Khabar took the audience on the journey of success of the newspaper which is through doing hard hitting, pro people stories that have brought transformation in the lives of a common man. For them its trust and credibility that has paid off and just like Indian Captain MSD who is also from Ranchi like Prabhat Khabar both have emerged victorious by being dependable.