CMOs Will Raise Exec Standing, Extend Tenure In 2015
The average CMO tenure will reach 60 months in 2015, according to Forrester’s annual predictions research. This is in part thanks to the CMO’s growing role in 2015 as a trusted business strategy advisor to the CEO, who will finally wake up and concur with the CMO’s long-held customer vision to drive business growth.
Other 2015 CMO predictions include:
- 20% of organizations will implement a marketing operating system design. Motivated CMOs will break out of siloed comfort zones to reorient around the customer relationship.
- CMOs and CIOs will come together thanks to data insights. The desire for an integrated customer data strategy that can’t be bought off the shelf will further bring this C-suite pair together. Forrester predicts that CMOs will use this opportunity to bring some data managed outside the firm back into the company.
- CMOs will champion technology inside and outside marketing. Those CMOs seeking to make their role more strategic won’t get very far without advocating technology-based transformation.
- CMOs will demand more from their agencies. And agencies will scramble to keep up as digital-first firms take over traditional agency roles.
To learn more about these predictions, visit the CMO blog.