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ENTREPRENEURIAL LEADERSHIP NEWS ARCHIVES
Laura Lang
(A77), CEO of Digitas, Delivers Fall 2007
Lyon & Bendheim Alumni Lecture
"Take risks and be intellectually curious." This
was the clear message delivered by Laura Lang (A77),
CEO of Digitas, as she spoke to the Tufts Community
as part of the Lyon & Bendheim Alumni Lecture
Series. Her message aimed to inspire the next
generation of entrepreneurs to take charge and seek
new opportunities in a world that is constantly
looking for smart, new leaders. As an advisory board
member of the Entrepreneurial Leadership Program,
Lang strives to relate her expertise to the
curriculum of the program. This lecture gave her the
opportunity to talk about those experiences and give
the audience a glimpse into what transformed her
from a Tufts undergraduate student trying to figure
out life, into a successful entrepreneur.
Lang, a summa cum laude graduate, was involved with
many organizations and pursued different fields
while a student at Tufts. Even though the
Entrepreneurial Leadership Program did not exist at
the time, she strived to find her niche in the
business world. Her intellectual curiosity allowed
her to have an open mind about what she wanted to
pursue in the future, and as she said, "there was no
script for what she would do after college." After
graduating from Tufts, she earned an MBA from
Wharton, and then went on to work in product
management at Bristol Myers and the Quaker Oats
Company. During this time, she faced many
challenges, one of which was leading a marketing
campaign for Quaker Oats' Captain Crunch. Through
this experience, she learned about marketing and
managing multiple parts of a company. She continued
her business career at Pfizer, where she was a
member of the company's strategic planning team.
After many years at Pfizer, she moved on to lead the
consulting practice at Yankelovich Clancy Shulman,
providing strategic marketing services to Fortune
100 clients. Her next job was at Marketing
Corporation of America, where she provided strategic
consulting services to clients in the
pharmaceutical, technology, entertainment, and
financial services industries.
After working for the Marketing Corporation of
America for eight years, she joined Digitas in 1999.
The company thrived during the Internet boom, with a
stock price close to $52 per share. However, in
2001, the company faced financial struggles and the
idea of selling the company seemed inevitable.
However, with much determination and drive, Digitas
transformed itself into a company that uses
technology to help companies enhance their
connection to their markets. This new strategy
helped the company rise to new heights. Today,
Digitas is a leading marketing and media agency for
such companies as American Express, General Motors,
Intercontinental Hotels Group, Miller Brewing,
Nestle, and many more.
Following her presentation, Lang opened up the floor
to questions. She explained some of her daily
challenges as a CEO of a high growth company and
detailed ways in which companies can split their
employees into groups in order to achieve maximum
performance. Last year, Digitas hired close to 750
employees in a span of 10 months, highlighting the
company's exceptional growth. She also mentioned
that because technology is quickly developing,
marketing tools are constantly needing to be
restructured.
A final aspect of her life that she discussed was
how being a woman affects her job. While rising the
ranks and working for different companies, Lang
faced a great deal of discrimination for being a
woman. Even when she was the leader at a board
meeting, many people would look at the men on her
team for guidance. While she stated that it no
longer happens, she did say that she had to struggle
through these challenges in order to succeed.
According to Lang, "people respect success, not the
type of person it is." She carries herself with
great confidence, and was an outstanding speaker as
part of the Lyon & Bendheim Lecture Series.
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