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Announcing Sprint Partners: A New Type Of Consultancy

16.08.24

Author: James Thomlinson

16.08.24

What does Sprint Partners do? How can Sprint Partners help agencies and brands? Why should I use Sprint Partners? What is the purpose and process of Sprint Partners? These are just some of the many questions I’ve asked myself over recent weeks and despite a few doubts, a couple of other opportunities, and one little newborn boy keeping me up at night, I’ve decided to take the plunge and finally launch my own business. Here’s why…

In the fast-paced and ever-evolving world of marketing communications, the pressure on agencies and in-house teams to deliver both creative brilliance and commercial success has never been greater. As someone who has spent over two decades in the trenches of this industry, I’ve witnessed the challenges that leaders face firsthand. It’s these very challenges that have inspired me to launch Sprint Partners, a management consultancy that empowers marketing communications agencies and brands to drive rapid creative and commercial growth.

Insights That Inspired Sprint Partners

The marketing communications landscape is in a state of flux, with new technologies, shifting consumer behaviours, and economic pressures reshaping the way we work. After years of consulting with and leading agencies across multiple global markets, here are the 10 key insights that form the foundation of Sprint Partners:

1. Limited Time and Headspace for Strategic Thinking

In today’s hyper-competitive market, the role of senior leaders is increasingly stretched. A 2023 study by Deloitte found that 77% of executives report feeling overwhelmed by the demands of their roles, with 69% stating that they struggle to find time for strategic thinking due to daily operational pressures. This cognitive overload hampers creativity and long-term planning, sometimes leading to reactive rather than proactive decision-making. At Sprint Partners, we alleviate this burden by providing expert guidance that frees leaders to focus on high-impact, strategic initiatives.

2. Increased Margin Pressure Across the Board

Marketing budgets have been shrinking of late, even as the demand for ROI grows. According to the IPA Bellwether Report, UK marketing budgets saw a net decline in 2023, reflecting broader global trends. Agencies are squeezed between the need to innovate and be more cost-conscious. This margin pressure necessitates a more flexible approach to cost and staff management. Sprint Partners offers scalable consultancy solutions that adapt to client needs, allowing them to optimise their operations without compromising on quality or creativity.

3. The Need for Fresh, Unbiased Perspectives

Leadership can become insular over time, with long-tenured executives sometimes struggling to see beyond the established paradigms of their organisations. Harvard Business Review notes that external perspectives can dramatically improve decision-making and innovation by challenging entrenched assumptions. Sprint Partners injects this fresh thinking, drawing on a wealth of cross-sector experience to provide tailored response to each client’s challenge.

4. The Importance of Plugging Skill Gaps Effectively

No leader can be an expert in every facet of their business. The most effective leaders recognise the value of surrounding themselves with specialists who complement their skills. A 2023 report by Korn Ferry emphasises that leaders who embrace a collaborative approach with external advisors are 45% more likely to exceed their performance targets. Sprint Partners excels in identifying and filling these skill gaps, ensuring that our clients have the expertise they need to succeed.

5. The Imperative to Embrace Generative AI

Generative AI is rapidly transforming the marketing communications landscape, offering unprecedented opportunities for creativity, efficiency, and personalisation. From automating content creation to optimising ad targeting, generative AI can enhance every facet of an agency’s operations. According to a 2023 report by PwC, businesses that have adopted AI technologies see a 40% improvement in operational efficiency and a 30% increase in revenue growth on average. Despite these benefits, many agencies and brands are hesitant to fully integrate AI due to a lack of expertise or concerns about disrupting existing workflows.

However, the time to adopt generative AI is now. The competitive advantages it offers – such as the ability to generate personalised content at scale, predict consumer behaviour more accurately, and optimise marketing spend in real-time – are becoming critical differentiators. Gartner predicts that by 2025, AI will be a key factor in the success of 75% of marketing campaigns, underlining the urgency for agencies and brands to embrace this technology.

6. Aligning Creativity with Commercial Objectives

One of the most persistent challenges in marketing communications is balancing creativity with commercial imperatives. According to a study by the IPA, campaigns that effectively align creative execution with business objectives are 12 times more likely to deliver positive ROI. Sprint Partners excels at helping agencies and brands find this balance, ensuring that their creative output drives both brand equity and commercial success.

7. The Talent Crunch: Finding and Retaining Senior Expertise

The war for talent has intensified, particularly at the senior level. McKinsey’s 2023 research highlights that 82% of companies face significant challenges in attracting and retaining skilled professionals. Moreover, the cost of hiring top-tier talent continues to rise, creating a dilemma for agencies that need diverse skill sets but cannot afford to expand their payrolls significantly. Sprint Partners addresses this challenge by offering clients access to a network of seasoned experts, providing high-level skills on a flexible basis.

8. The Risk of Investment Hires

To drive growth, agencies often make substantial investments in full-time hires, but these decisions are fraught with risk. A single misstep can lead to significant financial strain, especially in a volatile market. According to PwC, 65% of executives report that their most recent major hire did not meet performance expectations. Sprint Partners mitigates this risk by offering a modular approach to expertise, allowing agencies to scale up or down as needed, without the long-term financial commitment.

9. Enhancing Client Relationships and Retention

Client retention is critical in today’s competitive market, yet many agencies focus disproportionately on new business acquisition. Research by Bain & Company indicates that a 5% increase in client retention can lead to a 25% to 95% increase in profits. Sprint Partners helps agencies enhance their client service models, fostering stronger relationships that lead to higher retention rates and, consequently, greater profitability.

10. Adapting to Remote and Hybrid Work Models

The shift to remote and hybrid work has permanently altered the agency landscape. However, many organisations are still grappling with how to maintain culture, collaboration, and productivity in this new environment. A Gartner survey from 2023 found that 73% of organisations struggle with sustaining employee engagement in remote settings. Sprint Partners helps agencies adapt their operations to thrive in these new work models.

How Sprint Partners Can Help

With these insights in mind, Sprint Partners offers a suite of services designed to unlock the full creative and commercial potential of agencies and brands:

Flexible Access to Senior Expertise: Our consultancy model provides clients with direct access to senior consultants who bring decades of experience across sectors and channels. This flexibility allows clients to leverage our expertise as needed, without the burden of full-time costs, ensuring that they can move quickly and effectively to address their most pressing challenges.

Empowering Through Positive, Accountable, and Collaborative Strategies: At Sprint Partners, we live by the PACE values: Positivity, Accountability, Collaboration, and Empowerment. These principles guide our work, ensuring that our strategies not only deliver results but also foster a culture of growth and innovation within our clients’ organisations.

A Unique Blend of Experience and Approach: My experience as an AG triathlete, competing for Great Britain, informs our consultancy approach. Just as in sport, where success is driven by meticulous planning, continuous improvement, and relentless focus, Sprint Partners applies these principles to business, ensuring that our clients achieve sustained, high-performance growth.

The Sprint Accelerator Model (SAM): Our proprietary Sprint Accelerator Model (SAM) is inspired by heart rate zone training used in elite sports. This model guides businesses through a structured, step-by-step approach to growth, focusing on different aspects of business operations at varying intensities to ensure that growth is both rapid and sustainable.

Tailored Solutions for Rapid Growth: Whether it’s navigating digital transformation, enhancing client retention, or aligning creativity with commercial goals, Sprint Partners offers bespoke solutions tailored to each client’s specific needs. We are committed to delivering measurable results that drive long-term success.

Why Sprint Partners, and Why Now?

The launch of Sprint Partners is a culmination of my 20 years of experience in the marketing communications industry, where I’ve had the privilege of helping agencies modernise, grow, and thrive in some of the world’s most competitive markets. Our mission is clear: to empower agencies and brands to achieve their full creative and commercial potential.

At Sprint Partners, we are ready to partner with you on your growth journey. Whether you’re an agency looking to supercharge your performance or a brand seeking to maximise the impact of your marketing communications, we are here to help.

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