For Marketing Leadership Professionals (Length: 12 pages)

March 28, 2008

The Challenges Of CMOs In 2008

A Survey Of 303 Global Marketing Leaders Shows A Strong Focus On Tactics

by Jaap Favier

with Cliff Condon, Kim Le Quoc, Alice Bresciani


Executive Summary (This is a document excerpt)

Forrester interviewed more than 300 marketing leaders about their 2008 business goals and challenges. We found that most CMOs worry about changing markets and customer behaviors. Additionally, they see processes and team structure as their top internal challenges. The concerns vary by region — North American marketing leaders worry more than their counterparts in Europe and the rest of the world about effective budget allocation. Forrester agrees that these are important tactical issues, but to thrive in tomorrow's world, CMOs should take more time to focus on the top three strategic issues: globalization, marketing technology, and their agency relationship.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemMarketing Leaders Face Myriad Challenges

itemChanging Market Conditions And Consumer Behavior Challenge The CMO

itemInternally, CMOs Concentrate On People And Budget

itemChallenges Need To Align With Strategic Chances

recommendations

itemSpend One Day To Get The Strategy On Track

itemSupplemental Material

Forrester interviewed 303 marketing leaders of mostly large global firms.

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Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Technology: Marketing & Advertising, Marketing Measurement, Marketing Organization & Culture, Marketing Planning
Geography: Asia Pacific, Europe, North America

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Choosing The Right Media Mix
Original air date: Wednesday, October 22, 2008
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