Published: 22 February 2024
Summary
CMOs allocate 25% of their marketing budget for major resources to technology investments despite market uncertainty and lagging returns from existing investments. CMOs can use this research to embody winning traits of successful CxO-CIO partnerships and drive desired returns from digital initiatives.
Included in Full Research
Overview
Key Findings
According to the 2023 Gartner Strengthening CxO Digital Leadership Survey, the majority of CMOs believe they should be responsible for a variety of digital leadership activities. The top activities include building a digital business strategy (94%), fostering data-driven decision-making (94%) and improving customer experience (93%).
Despite high digital leadership ambitions, CMOs rate themselves poorly across all digital leadership activities as compared to their CIOs. In fact, some gaps in leadership ambitions and self-reported digital proficiencies are higher than 45 percentage points.
Senior executive or CxO mindsets, beliefs and execution behaviors toward digital initiatives can be grouped into four distinct
Clients can log in to view the entire
document.