CEO lack of engagement in communications is a major issue for business growth
Whilst 95% of CEOs claim to engage with marketing, 42% of CMOs disagree
New research commissioned by communications agency Speed has outlined the perception gap that exists for Chief Marketing Officers (CMOs) when looking to engage their CEO. Whilst 95% of Chief Executive Officers (CEOs) claim to work effectively with marketing, 42% of CMOs still say that they struggle to keep their CEO involved in communications.
Despite the initial view of these CEOs, and the fact that 84% do believe that external communications
Lack of time was the most common reason given by CEOs for not engaging, highlighted by some of the comments provided
The research which surveyed 250 CMOs and 250 CEOs across a range of businesses in the UK has highlighted further the challenges that exist for CMOs looking to support change and growth through a robust communications program.
Laura Tallett, Director Business & Corporate, Speed: “CEOs are key to business engagement, and we know that the most respected or disruptive businesses – the likes of Uber, Virgin, Airbnb – are those who put communications at the board table, and are marketing led, driven by an engaged leadership team.
“The research further validates the challenge that exists for CMOs and it is crucial that we find a way to demonstrate the power of communications and build understanding, respect and ultimately engagement with CEOs and their leadership teams. Marketing and communications should be at the board table to support the commercial aspirations of any business.”
Laura added: “We must get the message out there and work hard as an industry to ensure businesses understand the importance of this function in supporting business growth. Given the economic uncertainty being felt by business at the
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