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Jon Flugstad
Associate Partner at McKinsey & Company
Professional Background
Jon Flugstad is a dynamic professional with a strong foundation in both business and political science. He boasts an impressive career trajectory that showcases his expertise and dedication to influencing policy, business strategy, and research. With a rich background that includes significant roles at premier organizations, Jon has demonstrated exceptional analytical skills and a deep understanding of the intersection between politics and business.
Throughout his career, Jon has held notable positions beginning with his role as an Associate at Booz Allen Hamilton, a leading management consulting firm. In this capacity, he contributed to various projects that required strategic thinking and rigorous research methodology, equipping him with valuable insights into government operations and business practices.
Before his tenure at Booz Allen Hamilton, Jon served as a Research Consultant at the esteemed Harvard Kennedy School of Government. This role allowed him to engage in important research initiatives that aimed to shape public policy and elevate civic engagement. His experience at Harvard further honed his ability to analyze complex problems and develop solutions that resonate across various stakeholders.
Jon's expertise in government relations was further exemplified during his time as a Research and Government Relations Associate at the American Enterprise Institute, one of the leading think tanks in Washington, D.C. Here, he was instrumental in conducting research that informed critical discussions on public policy issues, thereby contributing to the development of effective, research-based policy recommendations.
Education and Achievements
Jon Flugstad's educational background is notable, beginning with his undergraduate studies in Political Science at Wheaton College. At Wheaton, he developed a solid understanding of political theories and systems, which laid the groundwork for his future endeavors in both the public and private sectors. His passion for understanding the complexities of governance and political decision-making propelled him into his graduate studies.
He further enhanced his credentials by pursuing a Master of Business Administration (M.B.A.) at the prestigious Haas School of Business at UC Berkeley. The Haas School is known for its emphasis on innovation, entrepreneurial thinking, and effective leadership. Jon's time at Berkeley not only provided him with advanced business acumen but also equipped him with the tools necessary to navigate challenging business environments effectively.
Achievements
Jon's career reflects a commitment to excellence and a passion for public service that is evident in his professional engagements and academic pursuits. His work has consistently focused on bridging the gap between government and business practices, advocating for policies that improve efficiency and accountability in both arenas. With a strong analytical skill set and hands-on experience in consulting and government relations, Jon remains a thought leader in his field. His experiences working with top-tier institutions, coupled with an exceptional educational background, position him as a valuable asset in any organization looking to make an impact.
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Highlights
𝗣𝗶𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 (𝗿𝗲𝘁𝗮𝗶𝗹 𝗺𝗲𝗱𝗶𝗮) 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 🤝
You come to LinkedIn for relationship advice … I’m here for you.
How do you pick the right foundational technology partners to build a thriving retail media business? What makes the right relationship?
One-stop partners present capability and margin tradeoffs. The pitch is unicorns, but reality doesn’t live up - which is why media networks are strategically insourcing across business and tech capabilities.
But the ‘gameboard’ for partners gets complex quickly. So how do you select the right partners?
6 must-haves ⬇
👁 𝘃𝗶𝘀𝗶𝗼𝗻. Media network leaders know best where the world will be in 5 years. Will the partner do more than plug holes on current issues? Is their vision congruent with yours? Do they push your vision? Know if they want to have kids before you get married :-)
☁ 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗯𝗲𝘁𝘁𝗲𝗿 𝘁𝗲𝗰𝗵. The promise of commerce media is in the power of 1P data for performance and measurement. Surveys of advertisers indicate performance as THE top differentiator. Ask for specifics about team, technology, architecture - and align the best tech with your highest value assets. Can they deliver their pitch? Remember, you’re competing with Big Kids on the Block (Google, Meta, Amazon).
🏰 𝗺𝗼𝗮𝘁 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴. 1P data is your moat. Enabling tech should maximize its use and build your asset for monetization. If a partner wants you to transit your 1P and transaction data to their platform and sell it… guess what, you’re the product.
💪 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝘁, 𝗶𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁, 𝗳𝗹𝗲𝘅𝗶𝗯𝗹𝗲. Don’t get handcuffed by tech giants or agencies with controlling stakes - limiting tech investment, agility, and their ability to be part of a modular stack. Foundational partners should enable your priority ad products, enable flexibility in campaign types, and fully align incentives with your success
⏩ 𝘀𝗽𝗲𝗲𝗱. Look for all-around-agility. Is the platform stood up fast? Is GTM fast? Do they respond quickly? How quick are new releases? Velocity, velocity, velocity – hitch your cart to the fastest horse.
🤟 𝗴𝗼𝗼𝗱 𝘃𝗶𝗯𝗲𝘀. It matters! A lot. Pick the partner with ‘spiritual alignment.’ Trust, credibility, and a sense of service - will they be there for you when things are hard? Perhaps a little ‘hippity-dippity’ for LinkedIn, but it’s true
Finally, in my experience building 7 media networks, be wary of offerings that sound too good to be true – i.e., ‘built-in turnkey demand’ or ‘solves all of your tech and operational issues.’ Yield! Identity! Millions of profiles! Keep an appropriate dose of skepticism and ask for specific details. You’ll find sleight of hand to downright misdirection.
So here’s to you 🥂 - may you have future retail media relational bliss.
#commercemedia #retailmedia #digitalmarketing
CC: Moloco, Nikhil Raj
