This article was first published on Communicate ME
Following a number of significant new business acquisitions in 2016 and the successful retention of existing accounts, the Paris-based consultancy Research Company Evaluating the Media Agency Industry (RECMA) has ranked PHD first in its 2016 Competitiveness in Pitches (Compitches) report for the Middle East. PHD also led the 2016 global ranking, up from third in 2015.
Among the regional accounts won or retained last year are Al Futtaim Group, Arla Foods, TDIC, Louvre Abu Dhabi, Mubadala and Dubai Airport Free Zone, as well as the Middle East activities of Volkswagen Group’s brands, an account won globally. This performance has kept the Omnicom Media Group-owned network in the top spot, a position it achieved in MENA in 2015.
The annual Compitches report analyses global pitch activity involving media agencies and holding groups and assigns points based on accounts won and lost, with weightings applied to reflect different factors, such as market size for example. PHD’s highest score for 2016 also places it at the top of the study’s Competition Index, with a 6% lead ahead of the second-ranked agency. These developments are consistent with the network’s regional growth over the past few years, in terms of accounts, billings, headcount and footprint.
“Since our launch in the region just over 10 years ago, we have been consistently recognised for our unique talent and pioneering digital approach, both of which reflect our brand’s philosophy of ‘finding a better way’,” said Elda Choucair, CEO of PHD MENA. “As we continue to grow, we have to ensure that our product – our talent – remains at the cutting edge, so that we can continue to push the boundaries within our industry. By developing our talent in a very specific way and attracting new recruits who have both passion and skills, we are ensuring our clients receive the sharpest thinking and most effective advice to not only succeed today but also in the future.”