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In this landscape, the collaboration between the Chief Marketing and the Chief Digital Officer has become a pivotal driver of organizational success. These roles, while distinct, are increasingly interwoven, and their synergy can unlock unprecedented opportunities for growth and innovation.
Foremost, the responsibilities of the Chief Marketing Officer have transformed significantly. Today’s CMOs aren’t just the masterminds behind ad campaigns or marketing projects—they’re key players in driving business innovation , focusing on customer needs, and harnessing technology. A CMO wears many hats in the boardroom.
The Evolution of CMO Responsibilities in the Digital Era The digital age has undeniably redefined the roles and responsibilities of a Chief Marketing Officer (CMO ). In the pre-digital era, a CMO focused on traditional marketing channels such as television, radio, and print to convey a consistent brand message.
Many years ago I read Theodore Levitt’s The Marketing Imagination. In the book, the renowned marketing professor said there was no such thing as a commodity, only people who think like commodities. This served me well as a branded coffee marketer. Differentiation is the name of the marketing game.
Make no mistake; Covid-19 has the potential to change virtually all aspects of society, particularly in terms of the structure of the labor market and developed economies across the globe. But what’s the relationship between leadership and innovation and why exactly should you care?
From orchestrating integrated sales and marketingstrategies to nurturing high-value customer relationships, this role extends well beyond traditional oversight of revenue goals. These proficiencies enable clear, data-driven insights into shifting consumer demands and evolving market conditions.
In the dynamic world of marketing, content remains king. Developing a robust content marketingstrategy can significantly enhance how you connect with your audience, increase engagement, and ultimately drive sales. Here are some tips to help you strengthen your content marketingstrategy and achieve better results.
Here's some new research on innovation and a guest post by By Rich Wellins, Ph,D., Senior Vice President, Development Dimensions International (DDI): In the past year, innovation has risen to the top of the business agenda. It seems not a day goes by that the major media writes (or broadcasts) stories in innovation.
Great marketing begins with great strategy. Great strategy seldom happens without sacrifice. There’s more: a marketer’s product or service better deliver on the promise. There’s more: a marketer’s product or service better deliver on the promise. If it doesn’t, great marketing cannot exist. Everything.
This position is often seen as the linchpin of a company’s commercial strategy, controlling marketing, sales, and customer service efforts to achieve optimal success. In addition, the CCO manages and implements strategies to drive revenue growth, break into new market segments, and foster customer engagement.
Never in the history of marketing has there been so much talk about branding. The conversation in the world of branding is well beyond product and service brand discussion by marketers and ad agencies. Wouldn’t you expect more innovation? The ramification is clutter, the arch enemy of brand identity. That’s an understatement.
With the rise of the digital revolution, the Chief Marketing Officer (CMO) role has undergone significant changes. They have evolved into key strategists in the boardroom, steering the organization towards digital transformation, personalized customer experiences, and customer-centric strategies.
It starts with the corporate strategy, and includes marketingstrategy, and the all-important human resource strategy. Unlike PepsiCo , Coca-Cola’s corporate strategy is to resist diversification and focus on non-alcoholic beverages. That singularity continues to deliver outstanding shareholder value.
The Evolving Role of the CMO Previously, a Chief Marketing Officer’s or CMO role mainly involved traditional marketing activities like brand management, public relations, and market research. Yet, when carried out adeptly, it results in holistic and sustainable marketingstrategies.
To stay competitive, brands must innovate and transform. That transformation requires adopting new digital technologies in every aspect of business — from product design and operations to customer service and marketing. Digital technology continues to transform both the retail and consumer experience.
Are you wondering how to most effectively use a B2B video marketingstrategy to attract leads and sales for your company? Many companies today struggle to mix B2B video best practices into their B2B marketingstrategy. Your video marketing campaign should use tutorials to expand upon the strategy of using how-to videos.
by John • November 30, 2011 • Human Resources , Leadership , Life , Marketing , Strategy • 0 Comments. But unlike finite measurements such as sales, market share, profit, stock price or market cap, momentum remains an intangible – a powerful one. Market share was responding but not profit.
Marketing is one of the top ways in which you can promote your business. Being able to create an effective marketingstrategy can make or break your brand: a good one can bring in new customers, while a bad one can mean you’re being spoken about for all the wrong reasons. It’s a bit different. It can help with 3D thinking.
The Essence of Strategy (Part 2). by John • October 30, 2011 • Human Resources , Leadership , Marketing , Strategy • 4 Comments. At Fortis we help businesses use natural gas more efficiently, save energy and seek innovative energy solutions to save money. Leadership , Marketing , Strategy.
By Tim Kippley: Jeff Bezos, one of the planet’s greatest innovators, once said that: “You need a culture that high-fives small and innovative ideas and senior executives [that] encourage ideas.” ” The Value of Innovation at Geneca. I have long felt that companies can’t survive without innovating.
Likewise, it has hit the business industry, bringing some tech-savvy innovations, especially for the marketing department. In today’s tech-savvy world, escaping the advantages of digital marketing is impossible. But do you think running after those old-school strategies are of any good now? Bank on Video Marketing.
In today’s competitive market, businesses across various sectors are increasingly seeking unique ways to stand out. From bespoke designs to eco-friendly materials, tailored packaging is not only a marketingstrategy but also a reflection of a company’s values and identity.
Many brands focus their marketingstrategies on out-of-home consumption, socializing with friends and family, and humor to generate engagement. Today’s consumers distrust some traditional brands that do not demonstrate a clear value proposition, labeling, innovativeness, and commitment to the environment. Agility is key.
In a global marketplace where customer preferences, market trends, and competitive dynamics continuously evolve, a skilled CRO can serve as an organization’s guiding light, steering the ship toward new and unexplored growth areas. The post Achieving Revenue Goals: The N2Growth Approach to CRO Search appeared first on N2Growth.
by John • December 11, 2011 • Branding , Leadership , Marketing , Strategy • 1 Comment. I was Nabob’s VP of Marketing, a 32 year-old disciple of an excellent turnaround CEO – a fellow by the name of Hugo Powell who eventually moved on to Interbrew (now Anheuser-Busch InBev ) as CEO. In the CEO Afterlife.
Marketing is one of the most important departments in any small business. While your sales derive from the impressions you make with consumers across the world, you’ll find that it’s your marketing team that delivers these impressions, on a regular basis, to the consumers that matter most to you. Marketing goals are also company goals.
by John • November 13, 2011 • Branding , Life , Marketing • 5 Comments. I’ve never thought of the homeless as innovative or entrepreneurial. They probably haven’t figured him for a good marketer. He’s making a living by following the 4 P’s of Marketing. Leadership. I suspect few do. Worth 50 cents?
The Essence of Strategy (Part 1). by John • October 23, 2011 • Human Resources , Leadership , Marketing , Strategy • 4 Comments. I’ve always loved strategy. People worry that strategy slows a company down and limits growth opportunities. Innovative. In the CEO Afterlife. Main menu Home.
In a world where innovation is crucial, leaders need to do a better job of listening and building on the ideas of others. He is responsible for launching DDI’s new products and services, leading DDI’s Center for Applied Behavioral Research (CABER) and its major research projects and developing and executing DDI’s global marketingstrategy.
Vincent Maret is corporate director Open Innovation at Bouygues Corp. His goal is to drive competitiveness through innovation, leveraging agile methods, fostering open innovation programs, and supporting Bouygues business units in their transformation.
Successful businesses change their business strategy in response to market challenges. Organisations face significant market challenges right now, and these will impact on how you respond as a leader. That way, you can embrace better innovations and opportunities and enable your organisation to adapt and thrive.
The Interplay between the Chief Commercial Officer and Marketing In the intricate realm of corporate operations, the connection between a Chief Commercial Officer and the chief marketing officer is essential. Moreover, a CCO plays an instrumental role in driving marketinginnovations.
For instance, they’d suggest an innovativemarketingstrategy to promote their new product without much regard for anything else. Given these characteristics, naturally, the pessimists would tear the optimistic marketingstrategy and other ideas to pieces. Sometimes they would even see problems that weren’t there.
GUEST POST from Shep Hyken According to bestselling author and marketing expert Mark Schaefer, the next—and last—great marketingstrategy is community. When I read his latest book, Belonging to the Brand, I was intrigued by the subtitle, Why Community is the Last Great MarketingStrategy. Is it really the last?
Distinguishing the Traits of Successful Revenue Leaders In a competitive market, revenue leaders play vital roles, often exerting influence across the entire organizational hierarchy. One of the most important qualities is a profound understanding of market dynamics and customer needs.
Innovation has always been what makes good businesses great. And innovation does not happen without change and risk. For instance, a business wants to expand its social media marketing. Armed with ready ideas, the lead team can decide who will post what and when, creating a consistent, time-efficient social marketingstrategy.
Unlocking the full potential of your marketing operations requires a precise blend of strategy, technology, and insight. Through strategic refinements and embracing new methodologies, your marketing can become a streamlined force capable of delivering outstanding results with increased efficiency.
Tough-Minded Ways to Innovate. by John • May 16, 2011 • Leadership , Strategy • 3 Comments. Articles on strategy and culture were my favorites, many of which I scribed in pencil on a piece of paper that my secretary typed for posterity – oh my, that sounds archaic. They’re hardheaded about Strategy.
After honing his expertise in general management, marketing, strategy and sales techniques across healthcare and information technology sectors, Nicholas now leads marketing and public relations functions while helping to drive strategy and […].
What always surprises us when working with big companies is that innovation is usually primarily seen as a growth tool. What if the best form of marketing wasn’t, It is less commonly talked about as a brand-building tool. That’s usually seen to be the domain of big advertising campaigns that supposedly land enduring brand values.
However, to achieve tremendous growth and turn your restaurant into the powerhouse you hope it to be, it’s vital to market the brand and its wares. One option to consider is influencer marketing. Many hospitality entrepreneurs haven’t gone down this path yet, but it can be an innovative and often lucrative marketing tactic to test out.
Clout allows these giants to grow, but there is absolutely no reason why a smaller player cannot become a market leader within their chosen market(s). As long as the “Davids” are able to resist the urge to become generalists by expanding into too many markets with too many products, they can win. You be obsessed with innovation.
Magic can’t happen in cultures that don’t worship innovation. Innovation starts with leadership. Most big company cultures are not innovative. Oh yes, they talk about innovation in their annual reports and their mission statements. But this isn’t the Apple, Google or Amazon type of innovation. Failure is lauded.
Rebel Brown : I’ve been a consultant for over 20 years now, focused on helping international clients in areas of business and marketstrategy, positioning and market launches. They didn’t want this book – they wanted a tactical book on sales and marketing. Once we challenge our beliefs and knowns –the sky is the limit.
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