Recently IQ CEO Tony Quin made a pilgrimage to the Cannes Lions festival, representing both the agency and the Society of Digital Agencies (SoDA) as the Chairman. While at the festival he participated in the Executive Perspectives interview series and shared his thoughts on advertising trends, the benefits of having talented, driven employees and how data drives strategy and creative to produce exceptional work at IQ.
Here are a few notable excerpts from the interview:
KR: How would you define success in your role?
TQ: The most important job that I have as CEO is to have a sense of where we need to be as an agency 24 months from now so that I can be making sure that the agency is moving toward that. That’s the most important. Because if you don’t get that right, you’re not in business.
KR: What do you do to help your team be successful and help keep them in line with your goals for the company?
TQ: My job is to make sure that I have the smartest people on the bus, and not necessarily in the right seats, and listen to them and empower them. What I’ve learned is that if you just collect really smart people who have the right character for the work, then they are going to tell you the right place to go.
KR: In a world so driven by data today, why do you think creative still matters?
TQ: Creative is the business of connecting emotionally to people. Creative is not about data. Creative itself is really not measurable. Data helps to tell you where to point creative. The strategy that comes out of data – because data itself means nothing; it produces insights and strategy – tells you how to pick the places where you want to spend your money and those places are where you’re going to apply your creative. That last mile is informed by data but it’s always takes some magic which is inspiration and an understanding of the psychology of the people. It’s really hard to make that a science.
KR: Do you feel like creative always needs to be measured?
TQ: You can measure the end result of whether something happens or not. There is some testing you can do around creative. It’s the whole Steve Jobs approach to doing new things. You can’t base it on what’s happened in the past so at some point somebody is taking a leap of faith or just having a creative idea and you just have to go with it or not. You don’t really know what’s going to happen.
KR: How do you motivate your team on a day-to-day basis?
TQ: Every company, whether it’s a big company or a small company, has to have a vision of tomorrow. It’s kind of what we’re selling to our brands. Any kind of branding is a promise for tomorrow. That promise is, in some way, “tomorrow is going to be better.” It’s the same thing with a team. The reason you’re doing this work, other than getting a paycheck, is to create some better thing and you have to define that a little bit for people and make them excited.
KR: Can you describe the attributes of one of your top performers?
TQ: What I look for is people who are self-motivated, have an entrepreneurial spirit, are not about doing the mechanics of their job. They are about achieving the goals of their job. It’s not really about how they do it; it’s about how they get there, which is very entrepreneurial. I look for people who are sufficiently confident in themselves and aren’t afraid of taking risks.
KR: How would you describe the difference between an idea and a solution?
TQ: Ideas are bigger than solutions. Solutions, you have a problem and some parameters around a problem and you want to find something that solves that problem. An idea can be much bigger than that. An idea might solve a problem but it might have many more ramifications to it. Ideas are about what capture the imagination of people. They can drive companies. They can change the marketplace. They can create movements. Whereas a solution is just, “I’m really glad we solved that problem.”
KR: What are you looking to take away from Cannes?
TQ: I wear two hats. I have my agency, IQ, and it’s always interesting to hear what’s going on and I always get ideas. With my primary job being what’s going to happen 18 to 24 months in the future and “are we on the right path for that?”, it’s great to come to these places where people are talking about those things, about what’s next. The other hat I wear is as the founder and chairman of the board of SoDA. SoDA is a wonderful organization where I get a chance to give back to my community and to have great relationships with people who are in the same boat that I’m in, running agencies around the world, so that’s very fulfilling.