The short and the long of influence
The challenge is it takes time to get these sorts of wins on the scoreboard, demonstrate consistency and earn trust. Having recently taken up a new role at Creative Australia, Bacon says she’s already asking herself repeatedly: Where are the short and longer-term steps I can take that will shore up my influence across the organisation?
“I need quick wins. I need to pilot some things. I need to demonstrate success, understand the challenges in the business and how I can quickly add value so I am at the table for when they actually do need to understand more about audiences, and if they need to get their programs out,” Bacon continues. “It is harder to do that quickly. But for everyone walking into a new job, that’s still part of the job. It’s really understanding the problems where you can add value early, so you build that bank of trust quite quickly and so people start inviting you in. That’s so you can make the real change over time. You’re building the foundations of long-term success. Having those conversations early and often to steer your organisation, is really important.”
The absolute necessity of CMOs orienting themselves around the perceived business value and internal expectations of marketing is something recruiters recently told Mi3 was vital in the current jobs market where the CMO remit is more diverse than it’s ever been. Every CEO’s understanding of marketing’s role and the input a marketing leader can provide to deliver growth outputs is different – even if the commercial imperative to know how to translate your worth to finance remains consistent.
Having conversations early and often with executive peers, bringing data to the table every time, while simultaneously leveraging the power of storytelling were critical for Coghill as she worked to build something big to re-engage with the world with Australia post-Covid lockdowns in 2022. Not only was it a competitive moment, as many markets reopened, new competitors had entered the fray looking to woo the lucrative traveller Tourism Australia had its sights on. Enter the $125m campaign, ‘Come and say G’day’ campaign platform.
“It was about making sure we were coming up with a big idea that would put Australia back on the map in the minds of our high-yielding travellers but importantly, one I could get our industry behind, and get all my peers on the executive team behind, as well as the rest of our stakeholders,” Coghill recalls. “It wasn’t just about marketing; it really was about how Australia turns up on the world stage at that really crucial moment. So no pressure at all.
“I found engaging early and often using data, providing context, was key. We have talked about the campaign when we launched it… there was data and analysis that sat behind every decision we made. It was all about bringing stakeholders on the journey, helping them understand why we made every single decision, rallying their support along the way and making sure we’re sharing the success stories and learnings along the way as we continued to iterate the campaign and work on that next chapter.”
Honesty and sharing the bad news early
Being honest and sharing bad news early is another must our three CMOs insist on, especially given how often marketers continue to be perceived as the eternally optimistic executives on the c-suite – to their detriment. Coghill has a “no surprises” rule she applies from team to CEO, finance team, and corporate affairs.
“I joke with them I am still a Catholic school girl and feel the need to confess everything and bring everybody into the tent,” she jokes. “But it has served me well, and it has kept my colleagues well informed and able to help me when and where I've needed it.”
It’s also been a key relationship builder with finance and corporate services. “When I have had challenges with projects in the past, one of the first calls I will make is to our exec GM of corporate services and our CFO, because they can help me find solutions. Being vulnerable in that way and transparent with them also helps build trust. But then it’s also little things. My entire leadership team and I went and did the finance class at AIM, and you learn a lot in it. But to be honest, I think the gesture of just going and taking that course was really great from a relationship standpoint.”
It’s a similar philosophy for Bacon, who says her former ABC boss taught her the value of sharing upfront and often.
“In media – and especially the ABC – you are so heavily scrutinised, you have to be transparent about the good and bad all the time, and even things that might never come out,” she comments. “I would make sure he [ABC MD] always knew if something worked or didn’t work. It was 100 per cent transparency. And I would apply that going forward to every job I would do. Transparency builds credibility, it builds trust, but it also is just a good way of working.”
It’s also the ultimate way to gain trust, something all three CMOs believe lies at the heart of building strategic, sustainable influence. “Bringing bad news early is actually a credibility builder,” says Finch.
“It’s really important not to sugar coat and say, ‘we had a really good view’. Well, was attention there? Did people’s perceptions change? It’s not just picking the metrics that make it sound a bit better. That’s where we can fall into a trap as marketers… in the finance conversation, just sharing vanity metrics as I would call them, or lead indicators and the good news. If it’s not translating into the commercials, the business is going to see that. You’re better off calling that early. If you think the creative is not as effective as it should be, or if it’s not landing as well as you thought, share the bad news early.”
Intermingled with this is a continuous learning and experimentation culture Bacon, Finch and Coghill all work hard to build. The only failure is not encouraging learning from it, they agree.
“It’s helpful for the team to distinguish between inputs and outputs. You can be hard on the output: Did we achieve our objective? I think it's important actually to be very honest about how far you got to the objective,” comments Finch. “But it's not helpful to be tough on the inputs. If someone has done fantastic work and to the best of their knowledge, and everyone's been on the journey, then it's important they know. We stole from the engineering org the idea of ‘blameless retrospectives’, where you just unpack what went well, what didn't go well, both in the outcome and in the process and ways of working. I find mentally, if I separate inputs and outputs, it's easier to manage.”