Predictions Report

Predictions 2021: CMO

October 15th, 2020
Shar VanBoskirk, VP, Principal Analyst
Shar VanBoskirk VP, Principal Analyst
With contributors:
Keith Johnston , Thomas Husson , Joe Stanhope , Jen Sanning , Fatemeh Khatibloo , Bret Sanford-Chung , Lexie Lawhon

Summary

The circumstances of 2020 brought to a head the quagmire that has been brewing for marketing leaders over the last five years: Chief marketing officers need to drive customer obsession at their firms, rather than just guiding ad buying and promotions. The harsh economic climate coming in 2021 will overwhelm foundering marketing technology, systems, and processes that have survived (way) too long behind a strong economy. We expect successful CMOs to create new commercial and delivery models to keep their companies solvent, all while embracing diversity to fuel creative ways to continually reacquire customers. In this report, we explore Forrester’s predictions for CMOs in 2021.

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Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.