Has there always been a secret (or maybe not so secret) assumption that CMOs aren’t suited for the CEO role? Think about it; I can name COOs, CTOs, and CFOs who have all gone on to become CEO but not too many CMOs in recent years.
Maybe that’s because there wasn’t much proof as to what marketers did? And then came the assumption that people who could make great products could also become great CEOs. Think about Facebook, Square, Paypal, Apple, and Twitter. The creators of these products and technology often rewarded themselves with the CEO title, and that is kind of what we got used to.
But a transition is once again underway. Where businesses realize the importance of marketing, how essential it is to sales and that maybe to have a great product you have to know the people who are going to buy it. Continue reading “CMOs Make The Best CEOs”