Four Qualities CMOs Must Possess in Order to Build Great Brands and Businesses

These days, it’s difficult to define a Chief Marketing Officer’s (CMO) exact responsibilities. That’s because the marketing industry has been notoriously volatile, especially in the past few years as technology and customer preferences have shifted dramatically.

It’s one thing to emerge from a recession. Coming out of a pandemic, on the other hand, is a completely different story. To be effective as a marketing professional who supports a company, regardless of the nature or size of the business, certain attributes are imperative. In fact, industry experts say marketing is a mixture of talent, science, experience, and luck.

Also Read: Customer Trust Remains the Driving Force Behind Marketing Success

So, here a few qualities that CMOs who want to build great brands and businesses, must possess. 

Curiosity at its peak

Always be curious about what is going on and what could happen in the future and think strategically. As a marketer, it is critical to be motivated to research a market aspect that is outside of the typical experience. This kind of curiosity can lead to a shift in their perspective. The business or clients pay to generate or forecast future results.

Creative way of solving problems

There isn’t a day in the life of a marketer that doesn’t involve some sort of problem. It’s not about being brilliantly creative; it’s about being solution oriented, whether they’re for marketers or the team with whom they work. CMOs need to have the ability to use problem-solving techniques in conjunction with a brainstorming process that includes identifying the root of the problem, using a diverse group of people to obtain different perspectives, reducing meeting time, and using a problem-solving tool.

Determined, but adaptable and open-minded

The most successful marketers seem arrogant, but they are extremely optimistic, which drives them to succeed. Regardless of their level of trust, as critical as making initial plans is at the start of a project, the ability to listen, adapt, and solve problems during a marketing campaign is often much more essential. There will be stuff that goes wrong with every marketing campaign. This is why a marketing professional must be open-minded and use strategic thinking and problem-solving skills to find a solution that saves time and money.

Also Read: Post-pandemic Life of a CMO

Calculated risk-taking

A marketer cannot be successful unless they are willing to take measured risks. They can’t, however, quantify risk based on their level of fear. Instead, it is critical to examine the evidence to determine the exact level of risk. They need to identify the pros and cons, and do a very accurate Cost benefit analysis. If they are enthusiastic about an opportunity and know they are prone to overlooking the risks, they should consult a market expert with the query-What are the possible drawbacks hurdles to my plan?  Talking about the problems will help marketers see the future danger and reward from various perspectives.