The story of an intrepreneur @nicoleyershon
Ogilvy Labs London - Nicole Yershon @ Net Prophet
Aug 26, 2014
** All missing videos can be found at http://www.ogilvylabs.co.uk/inspire-me/client-case-studies/ **
Net Prophet was started in Cape Town, South Africa by the RAMP Foundation – a non-profit entity created by the RAMP Group as a means for social investment within the local Internet based economy.
With government backing education and development in the areas of science and technology, RAMP Group recognised the need to build a culture of entrepreneurship and innovation, particularly in the area of web-based business, essentially aiding those with the right aptitude for ‘Making business Sense of the Internet’.
Net Prophet was started in Cape Town, South Africa by the RAMP Foundation – a non-profit entity created by the RAMP Group as a means for social investment within the local Internet based economy.
With government backing education and development in the areas of science and technology, RAMP Group recognised the need to build a culture of entrepreneurship and innovation, particularly in the area of web-based business, essentially aiding those with the right aptitude for ‘Making business Sense of the Internet’.
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The story of an intrepreneur
@nicoleyershon
@nicoleyershon
Technology is changing the future
To change course we need to see what is possible – the Labs are built to explore and break new ground
@nicoleyershon
1) Freedom to test and learn - budget
www.OgilvyLabs.co.uk
Pic of physical space
Educate, Inspire, Innovate
@nicoleyershon
The Physical Lab Space
@nicoleyershon
@nicoleyershon
4 back office Lab staff
1600 people in the UK Group
10 Group companies
8 Specialist Divisions
&
@nicoleyershon
@nicoleyershon
What Labs Does:
2) The 6 R’s
Measuring Success
• Revenue
• Reputation
• Recruitment
• Retention
• Relationships
• Responsibility
@nicoleyershon
@nicoleyershon
Semesters of Learning
24 week semesters Semesters culminate in a Lab Day
Most recently: I. Behaviour Change II. Big Data III. Storytelling IV. Music V. Shopper in Store
3) Collaboration & relationships
New Partnerships and Disruption
@nicoleyershon
4) Get out of your comfort zone
Will at IBC
Inspiring Creativity
@nicoleyershon
5) If you can see it and touch it, it feels real
#ogilvychange
@nicoleyershon
6) Work with the right people
The Rough Diamond
@nicoleyershon
7) A little success leads to attention
Beta-testing Product
@nicoleyershon
8) The art of giving
Responsibility
Alphasphere
Bristol
@nicoleyershon
9) Put money behind non-traditional advertising events
Sponsorships
@nicoleyershon
Thoughts to leave you with
1. Educate, educate, educate - Myopia and fear of change 2. R&D needs autonomy and budget – find the middle ground
3. Define your measurement of success – 6 R’s
4. Achieving a 80/20 split
5. Prove by doing
6. Hire hunters
@nicoleyershon
www.OgilvyLabs.co.uk @Ogilvy_lon_labs // @nicoleyershon
Thank you and good luck!
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