Grey Advertising shifts the traditional agency setup by giving millennials their own wing
The Millennial Generation, defined roughly as individuals born between 1980 and 2000, now represents 25% of the United States population. Its 80 million members hold over $200 billion in annual buying power, and they are the most coveted audience for businesses looking to remain relevant in a saturated consumer market. Grappling between millennials’ formidability and their shifting values, many companies are forced to ask: how do we approach today’s most powerful generation?
Grey Advertising, AdWeek’s 2014 Agency of the Year, asked itself just that. The agency, which employs over 1,000 individuals, indicates that 48% of its workforce falls into the millennial generation. In the past several years, Grey management noticed that millennials entering the office worked differently than their colleagues: they were more informal in communication, thrived on collaboration, and yearned for a work community.
In response, Grey adjusted by setting up an entirely separate office space for Generation Y employees. In their New York offices, Grey created Base Camp, a work environment exclusively for millennial associate account executives. While each employee still works with a separate team on client accounts, the group as a whole shares desk space, attends agency training in group, and learns from one another.
As a representative from Grey explains, “The philosophy behind the Base Camp community was to create an environment that gives structure, but creates self-sufficiency [and] encourages relationship building with key learnings more readily shared.”
Grey’s Base Camp initiative comes at a time when several of the agency’s clients—including Gillette, Papa Johns, and Marriott—are transitioning to include millennials in their core marketing base. By adapting to millennials within their own offices, Grey establishes itself as a agency aware of millennial needs and one willing to adapt to them.
As Michael Houston, CEO of Grey North America, tells PSFK: “The key to me about the Base Camp movement is that we’re learning from this group rather than showing them how we’ve previously worked. We’re working to understand their organic tendencies.”
Houston stresses that the millennial office space does not value one work style above another, but fosters different styles of creative thinking in the office. “Different is not necessarily bad,” he says, “But different is different…millennials are hard workers. They just work differently.“
Photos courtesy of: Grey