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‘Evolved’ CMOs Want CEO’s Job

More than a third of CMOs hope to become CEOs, and they’re well-positioned to take over the job due to the fact that they are required to oversee a wider spectrum of business strategies in the course of their work, according to a joint study by Forrester Research’s CMO group and executive recruitment firm Heidrick & Struggles.

The CMO has become a more strategic position, and CMOs want to get out of “the black box” of the marketing department, says Forrester analyst Cindy Commander, writes Brandweek.

Time management is one of the biggest hurdles in CMOs climb to the top. Less than 10 percent of their time is spent on career development, and less than 20 percent is spent on developing relationships with their executive peers.

CMOs rank their objectives this way:

  • acquiring new customers - 61 percent
  • new product or brand launches - 53 percent
  • increasing brand awareness - 48 percent
  • improving the value of the marketing department within the overall corporation - 34 percent
Related topics: Research, Media Department, Interactive...   

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AMC Makes Emmy History with Best-Series Nod

AMC’s Mad Men snared 16 Emmy nominations, including best drama - the first time a basic cable series was nominated in the best-series category.

The show received the most nominations of all dramatic TV series. FX’s Damages also received a…

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‘Vogue’ Follows Fresh Young Models for Reality Web Series

Vogue will follow the lives of three young women as they enter the world of top modeling, pulling video together for a web-based reality series called Model.Live. Clothing retailer Express LLC paid in the low seven figures to be the…

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Mitchum Boosts Purchase Intent with Hanger Ads

Antiperspirant manufacturer Mitchum is launching a promotion, kicked off in the Pacific Northwest this month, that offers consumers $1 coupons attached to hangers that come from dry cleaners.

This is the third time Mitchum has partnered with EcoHangers - a company…

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