A New Breed of CMOs: Daring, Innovative, and Growth-Focused in 2023
Photo cred: Deepak Rautela, Unsplash

A New Breed of CMOs: Daring, Innovative, and Growth-Focused in 2023

Being a CMO in 2023 is not just about managing marketing strategies—it's about being a daring innovator, a creative mastermind, and a key growth driver for the entire organization.

As we venture further into this transformative period, I've come to embrace my role as more than a Chief Marketing Officer. It's a thrilling journey filled with opportunities to reshape the future of our business, and it all hinges on three fundamental shifts. Here are the top three cornerstones of this evolution that not only defines my role but also gives it opportunities to elevate it to new heights:

Mastering the Tech Stack for Transformation

In my role, I find our tech stack, which ranges from Salesforce to Medallia to Shopify and encompasses everything from virtual event platforms to comprehensive web tools, to be a critical enabler of our marketing efforts. However, a tech stack is more than a collection of software—it's a strategically assembled set of tools that work together to drive growth and deliver customer value. As a CMO, I leverage these tools to drive digital transformation, integrating data-driven decision-making into our strategies to optimize our marketing efforts and propel growth.

Inclusive Marketing and Aligning Employee Experience with Customer Experience

Another dramatic evolution in the CMO's role is the increased emphasis on inclusive marketing. It is vital to create narratives that reflect the diversity of the audiences we serve and resonate deeply with them.

Internally, this focus on diversity and inclusion translates into a strong Employee Experience (EX) that aligns with the Customer Experience (CX) we strive to provide. A diverse and inclusive internal culture not only reflects our values as an organization but also drives creativity and innovation, providing a wellspring of unique perspectives that fuel our marketing strategies.

The Transition from Marketing Management to Strategic Growth Driver

Perhaps the most significant shift in the role of a CMO has been from managing marketing operations to driving strategic growth. As CMOs, we're called to deliver tangible, measurable results, speaking the language of numbers, and making a significant impact on the organization's bottom line.

The skill set that a CMO develops – strategic thinking, data analysis, leadership, and a deep understanding of customers – aligns closely with the role of a CEO, positioning CMOs as potential successors for the top leadership position.

To stay ahead in this rapidly changing environment, my professional mantra is to "Stay curious and dare to take risks."

This approach means constantly learning, exploring new ideas, and challenging conventional wisdom. As a CMO, staying current with marketing trends, new technologies, and being willing to take risks with new, innovative approaches is the key to unlocking growth and driving success across the organization.

#CMO #marketing #businessgrowth #digitaltransformation #diversity #inclusion #CEO #risktaking #cx #ex #growthstrategy

Patty Stull

Ferring Pharmaceuticals

1 年

Great article. Spot on!

Kelli Kessell, MPH

??Mom ??Women’s Health Advocate ??Nutrition Sage ??Collaborator ??Epicure ??Outdoor Enthusiast ??Activator ??Educator ??

1 年

Thanks for sharing!

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