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MediaPost Publications, November 17, 2009 — Twitter may be booming, Facebook stratospheric, but leading chief marketing officers are apparently yet to send the dollars wildly chasing the traffic.
A new study shows nearly 85% of CMOs spend less than 10% of their budgets on social media, and what's described as "non-traditional communications channels."
CMO Magazine, November 13, 2009 — There is no question that the chief marketing officer (CMO) role has been a crucible of corporate pressure since the job was first spawned in the mid-1990s. Marketing is the most visible expression of company strategy, customer satisfaction and corporate spending. With the accelerating changes in consumers’ media and buying habits, each of these areas is in flux. As a result, many CMOs are hired in or promoted up into the role and immediately assigned as “change agents.” The question is—Change what?
Advertising Age, November 9, 2009 — Get a bunch of longtime chief marketing officers in a room and you'll hear one thing for certain: lots and lots of questions about staying power. The Association of National Advertisers CMO Roundtable this past weekend was no exception. The group, comprised of Best Buy's Barry Judge, General Mills' Mark Addicks, Con Agra's Joan Chow and Fidelity Investment's Jim Speros, underscored the importance of transparency, relationship building and making sure you're right for the job in the first place.
Adweek, November 4, 2009 — Senior marketers, ask yourselves: Is marketing's inability to get the type of traction it seeks within your organization real or self-imposed? In other words, do you actually have control over the perception, power, influence and abilities that marketing can truly bring to the table?
Forbes, November 2, 2009 — We attended the Forbes CMO Summit in sunny Palm Beach last week to learn what's on the minds of executive marketing leaders. The conversation from this group regarding social was more sophisticated, which my colleague Charlene Li and I don't think is reflective of most chief marketing groups. What's unique about these Forbes CMOs? Perhaps they are more progressive, well read and tuned into the rapid changes coming.
iMedia Connection, October 19, 2009 — In this episode of Marketing Obsessions with Kevin Lee, Yahoo SVP Joanne Bradford talks about how top CMOs are moving their assets to digital while maintaining an edge through exclusivity.
Advertising Age, October 7, 2009 — Levi Strauss & Co. recently announced the hiring of Jaime Cohen Szulc, who is the first in the company's history to take the title of global chief marketing officer. The news is predictable yet intriguing.
Advertising Age, October 6, 2009 — Recognizing just how paramount its wireless business has become, Verizon Communications is eliminating the company's chief marketing officer role and re-drawing the responsibilities of John Stratton, who will now assume duties for plugging the company's mobile offerings.
Advertising Age, September 10, 2009 — Given that innovation is the only sustainable advantage these days, advertisers need to allocate at least 10% of their marketing budget to foster it, even in these economically challenged times, said former eBay and Best Buy CMO Mike Linton, who spoke to an audience at the Aberdeen Group's Chief Marketing Officer Summit here yesterday.
Adweek, September 4, 2009 — Starbucks has appointed Annie Young-Scrivner global chief marketing officer. She starts the job later this month.
Young-Scrivner formerly served as CMO and vp of sales for Quaker Foods and Snacks, a unit of PepsiCo. Prior to that, she was chairman and region president of PepsiCo for Greater China, and oversaw various global brands, including Pepsi, Frito-Lay, Quaker, Tropicana and Gatorade.
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