Article Marketing / Communications 3 min read
The CIO and CMO Are Learning to Work Together
A set of new studies show that, despite lingering issues including communication challenges and funding concerns, marketing and technical execs are starting to see opportunities to improve their relationship.
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Your CIO and CMO may have the two executive roles most affected by technology, but they havenât always done the best job talking about it. On the plus side, the communication freeze seems to be thawing.
Thatâs according to a recent study by CIO Magazine, EPAM Systems, and the CMO Club. âThe CIO-CMO Omnichannel Crossroadsâ white paper, for which more than 400 chief information officers and chief marketing officers were interviewed, reveals that the people in these leadership roles have often found themselves at odds over the division of resources.
âOn the surface, it seems that funding is a point of conflict,â the study states (opens in a new tab) [PDF]. âIn reality, though, the entire organization is seeing an increase in technology budget. CIOs tend to be more pragmatic in their answer to future funding, while CMOs are more likely [to] see a larger share of their budget including technology. And, for CMOs it is likely fact.â
Even though cooperation in the C-suite isnât always evidentâone problem, writes the magazineâs Tom Kaneshige (opens in a new tab), is that different disciplines use different words to describe the same thingâit is getting better.
According to the study, 63 percent of CIOs said their relationship with the CMO has become âmuch closerâ or âsomewhat closerâ over the past three years; 71 percent of CMOs said this of their relationship with the CIO. However, CIOs are far more likely than CMOs to say the relationship has gotten âmuch closerâ: 34 percent versus 25 percent.
Hiring Across Disciplines
Likewise, a recent study by Accenture finds that CMOs and CIOs are becoming chummier, with 43 percent of CMOs and 50 percent of CIOs saying that the relationship has improved over the past year. The study, âCutting Across the CMO-CIO Divide (opens in a new tab)â [PDF], was wider than CIO Magazineâs, surveying 1,100 top IT and marketing executives.
Despite improvement, the relationship could get better. Forty-five percent of CMOs said there could be more collaboration with CIOs, and just 23 percent of marketing chiefs believed that collaboration between the departments is at the right level.
One way the two execs are working to improve their relationship by hiring people into their departments who share skills from other disciplines.
âThere is no doubt that the pace at which marketing needs to adopt new technologies will continue to increase, and both functions are seeking ways to bridge the collaboration gap,â the study states. âCMOs are bringing more digital talent in-houseâincluding those with technology expertiseâwhile continuing to rely on external agencies. CIOs are hiring more technologists with marketing experience.â
In the end, CMOs and CIOs who learn to work together may reap more rewards. The CIO Magazine study refers to this concept as the âomnichannelââthe idea of combining disciplines into a single, stronger force.
âCompanies that fully embrace omnichannel understand that it is critical to their future and imperative to the development of relevant and engaging interactions with their customers,â the study says.
Howâs your relationship with your marketing or technology counterpart these days? Think thereâs room for improvement? Offer your take in the comments.
(iStock/Thinkstock)
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