vision about the market, how to innovate with a product, how to chart corporate direction, right? So it's a much wider role, but the early CMO hires were really good marketeers, VPs of marketing, that had to get promoted. And unfortunately they lack those additional dimensions and competencies of the CMO role. And inevitably they started falling short in the C-suite fairly quickly, right? That's the one aspect, right?
The other aspect, and we need to take responsibility as marketeers, is that we sometimes give marketing a bad name ourselves. And that goes all the way to the top when you talk about C-suite. I mean, let me give you an example. Today every CMO should be talking about revenue. That's it. Our KPIs should be about revenue. Our mexico whatsapp number strategies should be about revenue. Our reports to the board, to the executive team should be about revenue. Yet, right, we still talk about leads. We still talk about MQLs. We still talk about SQLs, right? Which to be honest are terms that we only understand in marketing and no one else really cares. And the more we talk about them instead of talking about revenue, the more we make the CMO role irrelevant to the conversations that are happening at the C-suite. So let's get back to revenue, that would be my advice here.
CAROLINE: I cannot agree more. Well, actually putting together an entire guide about revenue marketing and how every member of the C-suite can collaborate about it. So I didn't intend this little plug here, but yeah.
ALEX: Hey, it's true though, right? It's what we need to do, right? Every member of the C-suite should be aligned around the key business metrics of every company.
CAROLINE: Yeah Yeah, exactly. And there is so much more to generating revenue than only lead gen, right? Lead gen is like one way of generating revenue, but there are many more options there. Great. So that kind of brings us into our next question. So in your experience, how can a CMO build trust with the CEO, the CFO and the board?
ALEX: Yeah. First of all let me say that I'm very passionate about the CMO role. I think it's the most interesting role in the company because you need to understand the market. You need to understand your products, your customers, your competitors, your go to market motions. You need to be a champion both internally and externally, right? And you need to partner with almost every C level exec, right? It's not just the CEO and the CFO. You need to be in touch with the chief revenue officer, the chief sales officer, the chief product officer. You know, in a lot of cases you need to understand data. So the chief data officer. So it's a very multi-dimensional role.
Includes some business acumen across organization
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