VIDEO: Larry Woodard on advertising's rehab

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Adweek's critic, Barbara Lippert, spoke to Larry Woodard, president and CEO of Graham Stanley Advertising and a director of Advertising Week, about advertising finally admitting it has some major problems—with diversity, with digital, with clients and compensation—and how to go about solving them. The first steps, he says: Acknowledge the problems, announce that you really want to change, and bring in people from the outside to help effect that change. Video after the jump.

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