
What Grade Would CEOs Give Their CMO?
Fully 71% of CEOs say they would give their CMO's performance a grade of "A" or "B," according to recent research.
Recent research from the Association of National Advertisers and the Alliance for Inclusive and Multicultural Marketing shows that the marketing and advertising industries are becoming more ethnically diverse. 32.3% of marketers at the companies surveyed are ethnically diverse, up from 29.4% in 2018. However, African American/Black and Hispanic/Latino marketers are still significantly underrepresented in senior-level positions.
The share of African American/Black and Hispanic/Latino marketers has increased over time, but is still lower than their proportion of the US population. Asian marketers are represented significantly higher than their proportion of the US population. Additionally, 27.4% of senior marketers are ethnically diverse compared with 34.2% of entry-level professionals.
The report was based on data from the marketing/advertising departments of 81 ANA member companies in the US, representing 19,966 marketers in total.
The State of Ethnic Diversity in the Marketing Industry
Don't worry ... it's FREE!
Fully 71% of CEOs say they would give their CMO's performance a grade of "A" or "B," according to recent research.
More brands are moving marketing in-house to cut costs and gain control over data, creative, and media. Explore in-housing models and tips. Read more.
Most marketers and salespeople say they are aligned with their counterparts in the other department—but most also say they think about replacing their counterparts, according to recent research.
More than a quarter of full-time employees expect there will be "revenge-quitting"—resignations because of workplace frustrations—at their companies this year, according to recent research.
Internal competition can often hinder business growth. Learn how fostering a collaborative culture improves efficiency, innovation, and team alignment. Read more.
Marketing Operations is evolving into a key strategic function, driving data-driven decisions and career growth. Learn about its impact. Read more.