Gartner Insights Abstract

CMOs Must Improve Strategy Development for Successful Execution

Published: 23 May 2024

Summary

CMOs struggle to link marketing strategies to business value and impact. As enterprise business evolution pressures mount, CMOs can use this research to gain and sustain cross-functional alignment, cascade plans with clear progress metrics and adjust them based on strategy context and execution.

Included in Full Research

Overview

Key Findings
  • Most CMOs view the challenge of developing strategic plans that meet stakeholder needs across brands, business units and regions as a process problem rather than one of driving consensus on the most critical business priorities marketing will support.

  • Without agreement on business priorities, CMOs create strategic plans that look more like “to-do” lists, with high-level business goals and a variety of marketing tactics with no clear connection between them.

  • CMOs fail to execute as competing needs and shifts in business priorities lengthen each list in unstainable and unresolvable ways.

Recommendations
  • Establish what you will be held accountable for by assessing the

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Analysts:

Amy Abatangle

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