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|Title: ||Getting in with the “In” crowd: how to put marketing back on the CEO’s agenda|
|Authors: ||Klaus, Philipp|
Keiningham, Timothy L.
Emerging Consensus Technique (ECT)
Role of marketing
Strategic decision making
|Issue Date: ||2014|
|Publisher: ||© Emerald Group Publishing Limited|
|Citation: ||KLAUS, P. ... et al., 2014. Getting in with the “In” crowd: how to put marketing back on the CEO’s agenda. Journal of Service Management, 25 (2), pp. 195 - 212.|
|Abstract: ||Purpose – Despite efforts by researchers and managers to better link marketing activities with
business financial outcomes, there is general agreement that by and large chief marketing officers
(CMOs) (and marketing in general) have lost strategic decision-making influence within organizations.
The purpose of this paper is to understand the causes of this decline and offer recommended solutions
to counteract this trend.
Design/methodology/approach – In-depth interviews lasting between 40 and 55 minutes were
conducted with 25 chief executive officers (CEOs) of service companies located in Western Europe,
North America, and Australia. In total, 13 difference countries were represented. Using Emerging
Consensus Technique, we identified four main themes, which cause the goals of CEOs and those of
CMOs/marketing to diverge.
Findings – The primary cause of the decline of strategic influence of CMOs and marketing overall
with CEOs is a function of four key issues: first, the role of the CMO (e.g. task overload, focus on
tactical issues, “outdated” skill set); second, lack of financial accountability (e.g. the inability to connect
marketing efforts to financial returns); third, digital and social media (e.g. a perceived obsession with
new technology); and forth, lack of strategic vision and impact (e.g. lost sight of “core” job, use of
Practical implications – The findings indicate that CMOs must address the four key issues
uncovered for marketing to attain/regain a role in strategic decision making. A proposed roadmap for
putting marketing back on the CEOs agenda is presented to guide CMOs.
Originality/value – This research provides marketers with a CEO eye view of their role within
|Description: ||This article was published in the Journal of Service Management [© Emerald Group Publishing Limited] and the definitive version is available at: http://dx.doi.org/10.1108/JOSM-02-2014-0041|
|Version: ||Accepted for publication|
|Publisher Link: ||http://dx.doi.org/10.1108/JOSM-02-2014-0041|
|Appears in Collections:||Published Articles (Business)|
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