Draftfcb opens Institute of Decision Making

US— Marketing services group Draftfcb has launched the Institute of Decision Making, which the firm says will be used to help apply learnings from fields such as neuroscience and behavioural economics to its marketing communications offering.

Draftfcb has formed partnerships with academics from the University of California, Berkeley, and Stanford University, who will serve as consultants to the new venture.

The partners include Sam McClure, assistant professor in the Department of Psychology at Stanford, and Eduardo Andrade and Ming Hsu, both assistant professors of marketing at the Haas Business School, University of California, Berkeley.

Draftfcb’s San Francisco-based director of account planning Matthew Willcox (pictured) will lead the project as the Institute’s executive director.

He said: “To date agencies and marketers have tended to focus on the emotional and rational aspects of decision-making, but have spent less time trying to understand how instinctual or automatic triggers can be activated through brand messages and experiences.”

“We think investing time and money in understanding these better is a good bet for us and our clients, especially in an environment where brand trust is declining, and where technology is affecting how we receive information and perhaps how we process it.”

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts