
Company: Reading Room, Soho, London Company Description: Reading Room is the UK’s fastest growing independent digital agency. With150 staff working in the UK and Australia, it designs, and integrates innovative websites for clients including Royal Mail, Porsche and the BBC. Digital Marketing Agency of the Year, Reading Room was recently shortlisted for a Sunday Times Commercial Excellence Award. Nomination Category: Individual Categories Nomination Sub Category: Best Entrepreneur in EMEA
Nomination Title: Margaret Manning, CEO
Describe for the judges the activities and accomplishments of the nominated entrepreneur during the eligibility period (up to 500 words):
Female Entrepreneur of the Year (Fast Growth Business Awards) and founder and CEO of Reading Room, Margaret Manning is one of the UK’s most successful business personalities. From a ‘back bedroom’ genesis in 1996, and with no financial backing, Margaret has steered Reading Room to its current position as the UK’s fastest growing digital agency.
From its beginnings with just two members of staff, Reading Room now employs over 150 people in the UK and Australia. Margaret is one of very few female CEOs in the largely male-dominated digital industry. Margaret knows what it takes to create and build a global, successful and happy business – Reading Room is an international Top 10 digital agency (Interactive Media Awards) and the fastest growing independent digital agency (Design Week Top 100).
From day one, Margaret believed the internet represented the start of a communications revolution, and that the opportunities were enormous. At the time, her husband told her to not mention that in public for fear of being ridiculed! Now, Reading Room stands at the forefront of digital media evolution, leading the field in its creation of innovative, cost-effective and intelligent digital strategies for clients. It is Margaret’s entrepreneurial acumen that has seen Reading Room come so far.
Margaret’s philosophy has always been to follow core revenue streams and focus on Reading Room’s main areas of expertise. By combining tactical risk taking with attention to detail and exceptionally high standards, Margaret continues to steer Reading Room through a volatile marketplace into a future of rapid growth.
One of Margaret’s most important decisions was to remain independent. Growth has been organically driven and managed, without disruption to client services. And in the past year, Margaret has broken new ground in transforming the company into the fastest growing digital agency in the UK.
In 2008, Margaret spotted an opportunity to grow the business – the recession. Margaret stayed one step ahead of the marketplace, restructuring the agency many months before the recession hit. Reading Room’s renewed marketing and sales propositions caught the market at the right time, with current growth of approximately 20% while competitors are shrinking. Margaret comments, “It will be the entrepreneurs that employ 22 million people in the UK that will propel us out of the recession by spotting opportunities, challenging convention and taking the risks necessary to create those green shoots of economic spring that we are all searching for.”
Margaret won the Female Entrepreneur of the Year award in 2008 based not only on her entrepreneurial ability but also because “She works tirelessly to support others in the industry and to champion women in business.” She was described by the judges as “Not just any entrepreneur, but a proven leader.”
Margaret is a Courvoisier Future 500 one to watch in the media and also won the First Woman in Science and Technology award in 2008 (First Woman Awards). Margaret is also a judge and mentor for the Princes Trust, helping young people to become entrepreneurs and realise their dreams.
List the URLs (web addresses) of any online news stories, press releases, or other documents that you would like the judges to see that support your entry. IMPORTANT: List each URL on a separate line, begin each URL with http://, and enclose each URL in square brackets. For example, [http://www.yourcompany.com/pressrelease.html]:
http://www.telegraph.co.uk/sponsored/business/businesstruth/5478421/Women-in-Business-Catherine-King-of-Adecco-Group-and-Margaret-Manning-of-Reading-Room.html http://www.netmag.co.uk/zine/discover-interview/margaret-manning http://www.growingbusiness.co.uk/reading-room-margaret-manning.html
Provide a brief biography of the nominated entrepreneur (up to 100 words):
Margaret Manning is CEO of global Top 10 digital agency, Reading Room, and Female Entrepreneur of the Year (Fast Growth Business Awards). Margaret embraced the birth of the internet as the beginning of a communications revolution and has built Reading Room from a staff of just two in a flat in North London, to an international, multi-award winning digital agency employing over 150 staff in the UK and Australia. Margaret has been named as a one to watch in the media in the ‘Courvoisier Future 500’ and is the First Woman in Science and Technology (First Woman awards).
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