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ANOTHER ONE BITES THE DUST

What a crying shame. As everyone already knows, Eisner Communications, one of Baltimore City’s largest and oldest ad agencies, abruptly folded over night. I held back from writing about this topic for so long specifically because it hits so close to home. Knee jerk reactions aside, it’s time to get down.

I am constantly evangelizing an employer’s responsibility to his or her team. This responsibility encompasses far more than fair wages and good benefits; compensation packages are only the tip of the iceberg. In fact, what’s even more important are the qualities – honesty, morality, caring and compassion – that are seemingly slipping and fading quickly from corporate America.

True, the bottom line is key; but what good are revenues, growth and perceived esteem if you compromise good natured humanism?

Humanism. What a concept. The Humanist movement worked to exult the dignity of man while placing emphasis on the present life as opposed to future life. That’s right; people as far back as the Renaissance understood that an appreciation and deep respect for other human beings was something to highlight and celebrate.

What happened – Enron? Eisner? Anyone out there? The Renaissance man didn’t have WiFi, palm pilots, or Google, did he? No! So how could this man be more on point without all the data, consultants, gadgets and past examples at their finger tips? Wait a sec….could the digital age be part of the problem?

We live in a day and age where the average consumer wants “it” NOW. Most of the products and services in the market place are structured to cater to this specific consumer desire. As a result, our work days are longer, our productivity is expected to be higher, and competition is down right fierce. Some would call this good ‘ol American ingenuity and achievement.

Not me. I see America’s employees burning out faster, our CEO’s doing WHATEVER it takes to hit revenue goals, and our families and our integrity taking a back seat to it all.

Am I disappointed that Baltimore lost a great agency? Of course. Losing Eisner hurts Baltimore’s national perception among other major markets. The event makes our market appear incapable, while that is not at all the case.

Am I excited by the opportunities that Vitamin could capitalize on as a result of Eisner capsizing? No way. Vitamin has the strength to carve its own path. But we need great talent and good clients in order to do so. Losing Eisner means that great talent and good clients may become even more hesitant to leave larger markets to work and spend money in Baltimore.

Am I disheartened and bewildered to see some 50 employees get blind-sided without parting compensation or even an advanced warning? You better believe it. Overstating revenues and keeping the machine running as long as possible took the front seat to earnestly caring for the team and the clients that kept Eisner on the map in the first place. At the end of the day, Eisner did whatever it needed to do in order to maintain its precious public perception until the very end. People, families and compassion took a back seat to it all. Eisner not only compromised its integrity and the integrity of its owners, it compromised good business ethics. More importantly, Eisner compromised human decency. We as employers owe our staff and our clients more than just a selfish regard for the bottom line. We owe them the same decency and respect we expect from others. We owe our clients and employees honesty. Most importantly, we have an inherent responsibility to care for their basic wellbeing. Dollars and cents will always be there for the taking.

Let’s take a step back and remember to be good to those around us. If this means bucking up and admitting your company is flawed, suck it up and face the music like a grown adult. You knew this was part of the risk when you started up in the first place. Do the right thing. Take some time, aggregate an internal and external message and provide your people and your clients with enough information so they can make an educated decision on their own.

If the news is that bad, sure, your doors may close sooner than expected. But you will let them close behind you with your head held high, your integrity in tact and with the respect of your customers, employees and peers. No bottom line can ever compare to that and no amount of money or perceived respect is worth the compromise.

3 Responses to “ANOTHER ONE BITES THE DUST”

  1. #249 Jason Lancaster said:

    Thanks for the article, Mike. You said a lot of what I’d like to say, but being that Eisner was one of our largest accounts it’s a little hard to write anything beyond the hard-felt fact that Eisner totally and completely screwed my company and a lot of others involved.

    So, an outsiders opinion is a refreshing change.

    It’s nice to know that there are other companies out there who believe in taking the “ethically high” road. Shame we’ve never done business together!

    Feb 14, 2007 at 5:17 pm

  2. #255 Mike Karfakis said:

    Thanks for your comment, Jason. I understand and am sorry your company felt the aftershock. I think we both agree that you cannot let one bad apple spoil the bunch, however. There is still plenty of good, ethical business to be had here in the city. The cream always rises to the top.

    Feb 15, 2007 at 9:58 am

  3. #1351 Lena Karalnik said:

    Coming from a 10 year background in design and advertising, Its hard not to feel the pain for the hundreds if not thousands of people that had a hand on the Eisner volcano. I moved back to Baltimore after working 10 long years in some of the biggest NYC ad agencies to find the Baltimore ad scene blooming its way into the sky.

    Landing design work in this city is a sinch, the market here seems to be a big bouncy ball that lets everyone take a jump on it. Unlike the metropolis cities that I know of, where its dog eat dog and cut throat advertising brutality just to get noticed.

    I guess this leads me to my point. Eisner had its golden days and yes, many people had the rug pulled out under them at the very end. The karma that was left behind will eventually creep its way into the universe and somehow payback everyone that was involved in this shameful situation. That’s how life seems to work. You will always pay, one way or another.

    Being kind is good. Being kind and business savvy is even better.

    Aug 17, 2007 at 10:45 pm

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