Introduction
Digital transformation – integrating advanced technologies into all aspects of the business – may seem like a Chief Technology Officer remit, but with B2B buyers demanding B2C-like experiences, orchestrating data in service of customer-centricity increasingly lands with Marketing leaders. What else lands with marketing today? Near-CEO responsibility without the authority.
The modern CMO is at a corporate crossroads – a far cry from a half-century ago when Marketing didn't even command a C-suite title. Today's B2B CMO must act as a tech integrator, customer oracle, and cross-department orchestrator.
According to an August 2023 global survey of 188 Fortune 500 B2B Marketing leaders, commissioned by EssenceMediacom, B2B CMOs today face three primary considerations in their ever-expanding role:
Am I outpacing the organisation?
Can customer-centric marketing shift from rhetoric to reality?
Are B2B Marketing playbooks due for a rewrite?