In 2000, I attended a PRSA conference in Dallas, Texas as a PRSSA president/representative for my University. Richard Edelman was the keynote speaker. I know he will not remember me, but I went up to him after the conference and told him not only was I going to work for him, but I was going to be his successor. Edelman humored me with a smile and said he looked forward to seeing me grow as a professional.
Everywhere I turn, Edelman is talk of the town (especially with Technorati deal). Talent/businesses are being snatched up and the social media influence is overwhelming. While it is exciting for a top-ten agency to be a leader in new media, is anyone concerned about the growing Edelman footprint?
"More than anything though, this looks to be about fueling growth through talent acquisition. I meet with plenty of agency heads and they are all saying the same thing. Can't find great talent, can barely find good talent. This is a talent starved market." Andrew Lark: Edelman Gobbles Up A&R Partners
Is this gobbling up of talent good for the industry? Could this stifle the independent agency/counselor creativity?
Edelman seems to be put on a pedestal...are they really so great? What are they doing to build professionals? Not just the tools?
Just curious on the Friday morning...
UPDATE: Phil Gomes' earSHOT podcast features a chat with Bob Angus, A&R's co-founder.
Still does not address what Edelman is giving back to professionals. I understand the capitalism/consolidation, I am just curious if our industry is using Edelman as a benchmark for how the industry operates. If so, why are we following?