Goafest ’24 kicks off with focus on adaptation, innovation… and some fun
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4 months ago 06:00:59am Television

Goafest ’24 kicks off with focus on adaptation, innovation… and some fun

New Delhi, 30-May-2024, By IBW Team

Goafest ’24 kicks off with focus on adaptation, innovation… and some fun

Goafest 2024, hosted by The Advertising Agencies Association of India (AAAI) and The Advertising Club (TAC), kicked off yesterday with an electrifying performance by Bollywood playback singer Sukhwinder Singh, presented by B4U Music.

His dynamic performance infused the event with energy, ensuring the audience remained captivated and enthusiastic throughout the day as the first keynote speaker, Tata Play MD& CEO Harit Nagpal, gave valuable insights on adapting to thrive.

This year’s event also celebrated the third year of collaboration between The ABBY Awards and One Show. Under the theme ‘The Age of Adaptability’, delegates were welcomed to Goafest 2024 with a champagne launch, setting a celebratory tone for the proceedings.

In the first session presented by News18 Network, titled ‘Adapt To Thrive Not Just Survive’, Nagpal emphasised the importance of adaptability as a key to thriving rather than merely surviving.

In a captivating speech, laden with anecdotes, which left the audience both thinking and inspired, Nagpal underlined the inevitability of disruption in daily life and the critical importance of resilience in the face of it.

“Disruption can be caused by anything or anyone, but it becomes our responsibility to survive and thrive,” he asserted, going on to discuss Business Continuity Planning, a strategy used in the 2000s, designed to address both expected and unexpected scenarios, and its relevance to COVID-19.

He then moved on to highlight the surge in digital interactions, including video calls and remote work, which have now become the standard. The pandemic, he noted, disrupted traditional office setups, but ultimately led to more flexible and efficient work arrangements.

He also revealed that a significant and growing proportion of Tata Play’s customer base is now opting for digital recharge options, marking a notable shift in consumer behaviour. This trend is reflected in the company’s increasing market share, as more and more customers embrace the convenience of virtual recharges.

In a nod to the rapid pace of innovation, he declared, “Disruption is the new norm.” From the World Wide Web to AI, each breakthrough is shrinking the gap between disruptions, and “we’re just getting started”. His parting words, “Either you disrupt, or someone else is going to do it for you, and the best time to do it is when you feel the most comfortable.”

Thereafter, Sun Neo presented an enlightening session titled, ‘Navigating The Age Of Adaptability: Leading with Vision, Flexibility, and Purpose’, led by Sanjiv Mehta, Executive Chairman of L Catterton India.

In this compelling talk, Mehta delved into the critical elements of leading with vision, flexibility, innovation, agility, and dynamic purpose in today’s ever-changing market landscape. He articulated how visionary leadership combined with the agility to pivot and a strong sense of purpose can drive business success and resilience.

“Agility demands spare capacity and the ability to redirect talent towards value creation”, he articulated.

Mehta also highlighted the importance of innovation through several examples, noting that no business follows a linear trajectory. Instead, resilience and adaptability are essential for organisations to bounce back and thrive in a dynamic environment.

He stated, “Learning happens when you have the humility to say ‘I don’t know’.”

Mehta also highlighted myriad leadership attributes, including sensemaking, a term coined by Karl Weick, which involves piecing together disparate information to foresee and navigate complexity. He spoke about care and compassion being a core value for leaders as well.

Soon after, in a powerful session titled, ‘From Setbacks to Comebacks: The Power of Persistence’ presented by Adani, acclaimed writer and film director Tahira Kashyap captivated the audience with her inspiring journey with the session moderated by Atika Farooqui.

Tahira shared personal anecdotes and professional experiences, illustrating how resilience and determination have been instrumental in her success. “Women go through multiple hardware upgrades; every day is so different for women, every hour is so different than the previous one,” she mentioned, also candidly referring to the books she has written on womanhood and motherhood.

When asked about the various facets of her identity, she smiled and said, “My identity is no longer defined by my title, but by the relationships I cherish. I take immense pride in being known as a wife, mother, daughter, and Mrs. Kashyap. It’s the people in my life who give my existence meaning, and I’m humbled to be seen as a person, not just a professional label.”

Throughout the discussion, she underscored that setbacks are not the end but opportunities for growth and reinvention. She reflected on the numerous hardships that life can bring, yet felt profound gratitude to the universe for her journey thus far.

Her story resonated deeply, offering a compelling reminder that persistence is key to overcoming challenges and achieving long-term success. This session underscored the transformative power of perseverance in turning obstacles into stepping stones.

In a finale brimming with wisdom, Disney+ Hotstar presented a session on ‘Lessons of Adaptability: Embracing Failure to Touch Success’, featuring ‘12th Fail’ actors Medha Shankr and Vikrant Massey and moderated by the multifaceted  Neha Dhupia. Medha and Vikrant illuminated the audience with their insights on embracing failure as a stepping stone towards triumph.

Reflecting on his 21 years in the industry, Vikrant delved into the essence of adaptability, citing his varied experiences from television to movies and the invaluable lesson that success cannot exist without acknowledging failure.

He said, “Success cannot be defined as a standard without failure. Out of 365 days in a year, in 300 you’re off the mark, and only 65 are successes.” He shared anecdotes from his latest project, ‘12th Fail’, finding resonance in the film’s themes of familial responsibility and the values instilled by Manoj Kumar’s vision. Meanwhile, Medha, having relocated to Mumbai several years ago, echoed Vikrant’s sentiment on embracing failure as a catalyst for growth.

They expressed openness to future collaborations, guided by a shared dedication to staying true to the director’s vision and exploring diverse storytelling opportunities. Through engaging anecdotes and candid reflections, they demonstrated how resilience and adaptability are vital ingredients on the path to success.

The ongoing partnership between The Advertising Club and One Show has elevated the ABBY Awards 2024 Powered by One Show to unprecedented levels of global recognition and excellence for the third consecutive year, the organisers said in a statement.

This year, a staggering 3,506 entries were submitted from 273 companies, demonstrating the immense enthusiasm and commitment of both participants and jury chairs towards the awards.

Prasanth Kumar, President of the Advertising Agencies Association of India (AAAI) and CEO of GroupM, South Asia, said, “The composition of the clients has been very interesting this year with a notable presence of tech specialists. It’s encouraging to see such diversity. It’s truly heartening to witness the growing number of partners, which not only strengthens and welcomes many newcomers into the Goafest fold.

“While we anticipated challenges, the dedication and support of all involved have exceeded our expectations, and for that, we’re immensely grateful. We’re excited to welcome many new faces and investors to Goafest 2024; we’re also looking forward to numerous tech sessions and integrations that will enrich the experience.

“Our goal is to institutionalise Goafest, constantly striving to improve. By completing 60 percent of the work early and refining timing, we’re making practical strides toward our vision for the next year.”

Rana Barua, President of The Advertising Club and Group CEO of Havas India, South East and North Asia said, “Through countless journeys together, we’ve always been driven by passion, not profit. This year, our commitment to not miss out has been unanimous. The whole team rallied together, united by our love for this industry, to make Goafest 2024 happen within our tight timeframe.”

Jaideep Gandhi, Chairperson of the Goafest Organising Committee, said, “We aim to keep this festival relevant, as we’ve successfully done in the past two years, especially in the post-pandemic era. Each year, we strive to introduce new elements, constantly raising the bar.”

Dheeraj Sinha, Group CEO – India and South Asia, FCB and Co-chair Awards Governing Council, Abby Awards 2024 powered by One Show, said, “We’re thrilled to see a fantastic response from returning agencies, with VML, and McCann Worldgroup India, amongst others, making a comeback, along with many others. It’s a near-complete reunion, with only a handful of agencies not joining us this year.”


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