Showing posts with label CMO. Show all posts
Showing posts with label CMO. Show all posts

Monday, September 26, 2016

The Wider CIO Role In A Digital Age

The role of the CIO has evolved over the last decade or so. In my opinion this is primarily as the technology services, digital products and online marketing industries have changed considerably over that period.

Cloud, Apps, SaaS, micro services, and a bunch of other technologies & paradigms now means that:
  • Hosting a online service with 99.9% availability is just a £10/month subscription rather than a £100,000 per year investment
  • Developers no longer go to offices and work where work is, but instead sit in their bedrooms and offer themselves to the most innovative opportunities
  • Your customer (or customer's customer) is now online at any time... and more than ever before likely to be viewing your services via a smartphone
  • The new Chief Digital Officer role came & went, with a lot of their work being picked-up by the CIO (and some by the CMO)
  • Vendor lock-in is less of a concern than a vendor that doesn't have an API

All this also means the CIO role in the digital age has become more strategic than ever to the CEO. 

This is because, as software replaces more and more things, every business is becoming a technology business.

Tuesday, September 29, 2015

Is there space in the boardroom for the CDO?

There's loads of discussion online and in companies generally about the role of the CDO - the Chief Digital Officer.

The traditional 'C Suite' must be getting pretty anxious these days, with a new CxO role being suggested as one of their members everywhere they turn.

The list of new senior roles appearing more recently includes:

  • CMO : Chief Marketing Officer
  • CIO: Chief Information Officer
  • CXO: Chief Experience Officer
  • CSO: Chief Strategy Officer

One does wonder if there will be enough seats around the boardroom table to accommodate all these new executives (or more cynically, if there will be anyone left to do the work).

Russell Reynolds, an Executive Search firm describes the Chief Digital Officer role as having the following capabilities:

  • Able to plan and execute long-term strategy around driving customer awareness, engagement, experience and monetization. 
  • Familiarisation with web, mobile and social media and possibly local as well. 
  • Experience in developing new channels and business models, as well as innovative products and services. 
  • Tech savvy, with the ability to manage developers and ask the right questions

However, what I would add to this list is the ability to operate and communicate as the Exec level. There's no point an appointed CDO having all the technical skills and knowledge if they do not have gravitas or the ability to put forward their points eloquently to their senior level peers.

The boardroom seating plan may be getting squeezed, but as businesses evolve and develop... can any major organisation afford not to have digital representation at the top level?

Thursday, October 24, 2013

Is the future of the Chief Digital Officer at risk?

In a recent report by Gartner called "Top Industries Predicts 2014: The Pressure for Fundamental Transformation Continues to Accelerate" [link] it's predicted that nearly two-thirds of government organisations with both a CIO and chief digital officer role will get rid of one or the other. This will eventually happen because of the overlap between the two and further changes across the business.

This announcement may seem a little premature, since the role of Chief Digital Officer is only just taking shape in the minds of some organisations and their boardrooms. To therefore announce it's redundancy before it is fully embraced could be seen as just headline grabbing (or link bait).

However, I agree with this viewpoint. Furthermore I not only believe that the future of the Chief Digital Officer post is at risk, but that it should be seen as an interim position along the path to full digital adoption. In other words... if you're aiming to be a CDO in several years time, you are probably planning for the wrong future.

But let's take a small step back to the present. Where the role of Chief Digital Office is definitely needed by some public and private sector bodies, with others having already hired & found their CDO. This person should neatly sit between the roles of the Chief Marketing Officer (CMO) and Chief Information Officer (CIO), to help both on their journey forward to the creation of a vision, where digital benefits are fully utilised & integrated across both teams and further afield.

In some circles the title of CIO amusingly used to stand for "Career Is Over". However it is really the CDO who should not only assume they are out of a job eventually, but should plan for this as part of their wider responsibilities.






 

Thursday, March 7, 2013

CMO vs CIO : the battle for data

"In the future, wars will be fought over water" is a phrase you hear quite a lot these days. And it might well be true... As important global resources become more scarce and as rulers realise exactly what matters (in this case, the health of their population).

However, in the boardrooms across the world, there may well be a number of battles. But this time fought over something very important to both technologists and marketers. Data. More precisely, customer & user data, along with any associated information that helps the organisation function / sell / behave better. Consequently, there is a scenario that is looking increasingly likely, the showdown between the Chief Marketing Officer (AKA the marketing director) and the Chief Information Officer.

Its my belief that as data relating to the customer grows and becomes more and more useful (along with the ability to model and then predict future likely behaviour) these two company board members are the two most likely to both stand up and stake their claim to its ongoing ownership. Customer transactions in branches / stores / premises, their online browsing history, their engagement across social media channels and their contact preferences will be like water to these roles.

However, this doesn't necessarily have to be the case. And not just because I'm advocating peace and love in the exec suite, but for a different reason... It has been a prediction of mine for a while now, that the roles of the CMO and the CIO will evolve and in some cases merge, quite possibly around the need to have a single point of data ownership.

This could therefore give rise to a new role seated around the walnut table of major organisations, the CDO. But not the 'Chief Digital Officer' that I have already mentioned a couple of times on this blog, but that of the Chief Data Officer.

Monday, December 10, 2012

The great content marketing discussion

An imaginary conversation…

Firstly what do you mean by the term content marketing?
The term has been increasing in its usage for the last year and  especially over the last few months… but content marketing is usually known as the use of content (such as text and imagery) across an organisation’s owned channels (website, social networking page, etc.) to get users to a site and build engagement.

Isn’t this search engine optimisation?
No, SEO is about optimising a site (code, configuration, links AND content) to get a higher placement in search engines. Although content markers do need to consider SEO factors such as keywords, they aren’t really bothered about how sites are set up or algorithms for ranking.

So how do you get traffic via content?
You build up user traffic by being useful and relevant to the reader. This therefore makes your content more sticky (readable) and social (sharable).

So content marketing is a sub-set of SEO?
Well, not really. Content marketing also deals with topics such as internal linking to other content around a site to encourage the user to complete a specific goal. For example: to purchase a product or to sign-up for a service. 

So it’s about writing link bait then!
It’s all about producing quality content, not rubbish articles that pander to the lowest common denominator and get instant traffic based on sensationalistic headlines. The modern web user is very savvy and they tune out things they are not interested in any more, it’s an attention economy out there.

Then it’s about getting eyeballs to look at your page?
Yes, that’s right, you should write good and free content, which then allows it to be shared so it can work harder and reach a bigger audience for your brand.

But isn’t that syndication?
No, however the content that is written can be syndicated out, such as via an RSS feed.

So what Key Performance Indicators (KPI’s) should a Content Marketing person measure?
Although usual website metrics, such as visitors, visits and subsequent conversions should obviously be measured, one important measurement of content marketing success is repeat visits from the same visitor. You should be able to find this information in your website analytics package and further segment it by the content areas on your site. As a rough guide, the more users come back, the more they’re engaged.

But doesn’t this affect conversion rate for an eCommerce site?
Yes, repeat visitors could affect your ‘look to book’ ratio, because just increasing the number of ‘looks’ to your site will make your site look like it is less effective. It is therefore just as important to look at how your content pushes users to convert (book).


So how will this area evolve?
Content Marketing Optimisation (CMO) is not a term currently well known, but a lot of people jumping on the content marketing bandwagon right now will quickly be asked to justify their investment of time, 3rd party copywriting, etc. 
So just as SEO took a while to emerge as a longer-term disciple that observes, learns and improves the bottom line; so content marketing optimisation by using insight gleaned from analytics packages will tell website owners what content is working and what is not.