The role of the Chief Marketing Officer is undergoing a fundamental shift, moving beyond traditional brand-building to become a core driver of revenue and strategic business leadership. This transformation is being accelerated by the rise of artificial intelligence, demanding a new skillset and a re-evaluation of how marketing organizations operate. These insights emerged from discussions at the World Economic Forum in Davos, featuring Workday CMO Emma Chalwin.
Chalwin, with three decades of experience in B2B tech marketing, argues that CMOs must evolve from “Mad Men” focused on creative storytelling to “Math Men” grounded in data and demonstrable return on investment. She emphasized that a continued focus solely on brand awareness and advertising will erode a CMO’s credibility with the C-suite and hinder their ability to secure budget for strategic initiatives. “CMOs should establish clear KPIs connecting brand campaigns to revenue generation, customer retention, and pipeline impact,” she stated, advocating for increased financial literacy within marketing strategies.
This shift isn’t merely about adopting new technologies; it’s about fundamentally rethinking the relationship with the customer. Chalwin highlighted the need to move away from a relentless pursuit of customer acquisition and towards a strategy centered on retention and deepening existing relationships. This is particularly crucial in an environment marked by economic uncertainty and anxieties surrounding the impact of AI on the workforce. Customers, she explained, are seeking trusted advisors who understand their challenges, not simply vendors pushing solutions.
The emphasis on trust and partnership necessitates a move towards what Chalwin terms “B2B to B2H” – Business to Human – marketing. This approach prioritizes direct communication with individual decision-makers, using language that is humble, helpful, and devoid of corporate jargon. “Enterprise buyers are fatigued by generic messaging and demand transparency about how solutions directly address their pain points and fears in the context of rapid change,” Chalwin explained. Implementing this requires detailed audience segmentation based on job roles, business contexts, and emotional drivers, followed by the creation of customized content that resonates with those specific personas.
Beyond personalized messaging, Chalwin stressed the importance of anchoring brand strategy in distinctive organizational values. In a crowded enterprise software market, where functional benefits are often commoditized, a strong and authentic value proposition can be a key differentiator. “B2B buyers now have abundant options, making the tone, personality, and values of a vendor increasingly important in decision-making, especially during uncertain times when trust and cultural alignment matter,” she noted. Identifying one or two core brand values and consistently embedding them throughout all customer interactions and marketing materials is crucial for building a recognizable and emotionally resonant brand.
The need for operational transformation within marketing organizations was also a key theme. Recent research from IBM, highlighted the growing “marketing execution gap” – the disconnect between ambitious marketing ideas and the ability to deliver tangible results. The report underscores that traditional marketing approaches are reaching their limits and that fundamental changes to operating models are “non-negotiable” for achieving growth. This includes winning in the moment – responding to immediate customer needs and intent – and forging an infrastructure capable of adapting quickly to changing market conditions.
McKinsey research further supports this view, emphasizing that a high-performing marketing organization is directly linked to revenue growth. The changing role of the CMO, according to McKinsey, is inextricably tied to driving customer-centric growth and ensuring that marketing functions as a revenue engine.
Chalwin’s perspective aligns with broader industry trends, as outlined by LTIMindtree, which suggests that future CMOs will need to master “marketing fluidity” – a flexible strategy that seamlessly integrates automated solutions with human ingenuity. The key to success, according to LTIMindtree, lies in finding the right balance between technology and human insight.
The implications of this evolution extend beyond the marketing department. The IBM report emphasizes the need to “heal your EX to fix your CX” – improving the employee experience to enhance the customer experience. The report advocates for hiring individuals with strong interpersonal skills and providing them with the training necessary to leverage AI effectively. The future of marketing hinges on the ability to architect outcomes, rather than simply chasing campaigns, and to position the CMO as a strategic leader capable of driving sustainable business growth.
