Friday, June 26, 2009

Why CMO Role Is Not as Important as You Think

Study of Fortune 1,000 Finds Post's Authority Is Limited at Most Companies
by Natalie Zmuda
Published by Advertising Age: June 18, 2009

NEW YORK (AdAge.com) -- As if average 28-month tenures weren't enough of a disincentive for marketers to seek the chief marketing officer hot-seat, a recent assessment of SEC filings of Fortune 1,000 companies suggests that the post remains low on the priority list at many organizations, and CMOs' authority remains limited.

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