Becoming Aware of How Your Agency Is Wasting Away Its Margins

Let’s eliminate all the ways your agency is wasting away its margins.

“Waste” is anything that prevents or slows value delivery to your clients. It costs you time, weakens client relationships, and frustrates employees. Once you know what to look for, you’ll see it everywhere. It costs you time, weakens client relationships, and frustrates employees.

A few common forms of waste I see in agencies are:

  • Excess or redundant meetings

  • Waiting time for internal or client approval on work

  • Multiple revisions to work

  • Creating overly polished work too early in the creative process

  • Creating work that doesn’t get approved or used

  • Delays and loss of knowledge during handoffs

  • Manual duplication of information in different tools

You won’t be able to eliminate all waste, but we can certainly aim to minimize it.

Brian Kessman

Brian Kessman is the Founder and Principal Consultant of Lodestar Agency Consulting. Brian partners exclusively with agency leadership teams to transition their firms from time-based revenue to value-led growth. He does this through positioning strategy, revenue models, pricing strategy, and operating model design. Brian developed Lodestar’s agency solutions based on his 20+ years as a leader in brand strategy, interactive, product design, and full-service agencies across the US. His work draws on principles and tools from Agile, Lean, and other management innovations and future-of-work movements. Through his consulting and as a frequent speaker for industry associations, such as the 4As, Mirren, AMIN, TAAN, Worldwide Partners, Worldcom, MAGNET, Bureau of Digital, and others, Brian's goal is to help agencies develop focused, value-driven, AI-integrated offerings and operating models. Set a Free Consultation with Brian

Previous
Previous

Project Debriefs Are Too Little and Too Late

Next
Next

Fear of Focus is Limiting Your Potential