December 06, 2024
In today’s rapidly shifting business landscape, the role of marketing has evolved far beyond its traditional boundaries. No longer confined to creative campaigns or brand management, marketing is now a critical driver of business strategy, growth, and innovation. As companies become more data-driven, customer-centric, and digitally focused, the role of the Chief Marketing Officer (CMO) has expanded into areas that demand greater accountability, adaptability, and leadership across the business.
For CMOs aspiring to secure a permanent seat at the executive table, the journey is one of deliberate execution, measurable results, and an evolving mindset. The ability to navigate short-term performance pressures while also investing in long-term growth initiatives is crucial. We explore how CMOs can evolve their roles, build trust, and drive meaningful business impact by balancing performance with culture, strategy with execution, and risk-taking with accountability.
The Imperative of Delivery
At the heart of every executive role is the need for consistent delivery. Without delivering on both business goals and broader organizational objectives, CMOs risk being sidelined as mere functional leaders rather than strategic partners. Delivery goes beyond marketing-specific goals; it must span across the performance of the entire business:
By delivering on these multiple fronts, CMOs earn their right to not only sit at the executive table but also influence the strategic direction of the entire organization.
The Culture-Performance Nexus
Performance without culture is unsustainable. One of the key lessons for marketing leaders today is the importance of fostering a culture that promotes trust, collaboration, and continuous learning. A high-performing culture not only motivates teams but also enables innovation and agility.
If a project stalls or marketing initiatives fail to gain traction, it's often not due to a tactical issue but rather a breakdown in communication or collaboration. Leaders must be agile, reorganizing teams and adjusting strategies in real-time to ensure they remain responsive to the dynamic needs of the business.
Reorganizations used to feel like major upheavals, but now they're a natural part of optimizing and scaling effectively. They expose teams to new experiences and responsibilities, which ultimately strengthens performance. Building a culture that empowers marketing teams to adapt quickly and embrace new challenges is key. When trust and communication are strong, performance follows naturally.
Leading Through Uncertainty With Agility
Historically, marketing reorganizations happened once in a while, and plans shifted once a year, with each shift feeling like a major upheaval. But in the current landscape, marketing leaders must embrace a more agile approach to both team structures and strategic initiatives:
Marketing is inherently future-focused, and for CMOs to succeed, they need to be comfortable operating within ambiguity. This means leading the charge on long-term initiatives that might not yield immediate results but are crucial to the company's future growth. CMOs must also be willing to take calculated risks. It’s easy to fall into the trap of playing it safe, but leaders who take bold steps are the ones who make transformational change.
Marketing as a Growth Engine, Not a Cost Center
In many organizations, marketing is still seen as a cost center rather than a growth engine. This perception is a major barrier for CMOs who want to elevate their roles within the C-suite. To shift this mindset, marketing leaders must demonstrate how their efforts contribute directly to business outcomes, such as revenue growth, customer retention, and product innovation.
CMOs who succeed at earning a seat at the table know how to position marketing as a strategic partner in driving business growth. They align their teams’ work with the company’s vision, executing in ways that directly support business priorities. By focusing on KPIs that matter to the entire executive team—such as customer lifetime value, sales effectiveness, and new market entry—they can showcase marketing’s integral role in achieving business objectives.
One way to gain credibility is through transparency: CMOs should be forthcoming about the risks and challenges facing the business, especially when initiatives don’t go as planned. Demonstrating a willingness to adapt, learn, and collaborate with other functions strengthens trust and builds bridges across the organization.
Building Trust Within
Trust is the currency of leadership, and CMOs need to cultivate trust across every level of the organization. Whether it’s delivering on commitments, being transparent about challenges, or raising a hand for help before a situation becomes critical, trust is built through consistent, honest actions.
Marketing leaders must also demonstrate vulnerability. By admitting when they don’t have all the answers and seeking collaboration from other departments, CMOs can foster a culture of openness and problem-solving. Executives, regardless of function, should understand that marketing’s role is not simply to execute campaigns—it’s to be a driver of business growth.
Future of Marketing Leadership
The role of the CMO is evolving, and those who rise to the top understand that their success is built on more than just delivering results. It’s about creating a culture that enables high performance, building trust within the executive team, and continuously adapting to new challenges.
By doing so, they position marketing not as a cost center but as a growth engine that drives both short-term wins and long-term business value. The most successful CMOs are those who embrace the risks, take ownership of the company's growth trajectory, and bring others along for the journey
For marketing leaders aspiring to earn a seat at the executive table, the path is clear: demonstrate business impact, foster a culture of trust and collaboration, and lead with both agility and vision. The future of marketing is not just about creativity or data—it’s about becoming indispensable to the business’s long-term success.
Helena Mah is a CMO Council Advisory Board Member and a senior executive who takes a vision and makes it a reality. She is a transformational leader, inspiring and empowering individuals to unlock their potential and innovate to accelerate growth. Currently, in her Strategy, Transformation, and Marketing role, she is not just shaping KONE strategy across many Central and Eastern European and Mediterranean countries, but also bringing it to life, driving transformation, and ensuring KONE success in this dynamic environment.
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