“Everything you need to know to be a superior marketing leader!”

Marshall Goldsmith
The World’s Thinkers50 #1 Leadership Thinker

 

“A must-read for every present and future CMO who cares about making a difference.”

Seth Godin
Author of All Marketers Are Liars

“The essential leadership playbook for the CMO of the future.”

Jim Stengel
former Global Marketing Officer, Procter & Gamble

“A persuasive perspective on the opportunities open to marketers to lead for change.”

Paul Polman
CEO, Unilever

“A masterful dissection of what it really takes to lead marketing.”

Syl Saller
Global CMO, Diageo

 

Summary of The 12 Powers of a Marketing Leader

The 12 Powers of a Marketing Leader: For this groundbreaking leadership book, former McKinsey partner and senior marketer Thomas Barta teamed up with London Business School professor Patrick Barwise to answer one question:
what makes an effective and successful marketing leader?

The 12 Powers of a Marketing Leader:
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Summary and chapter 1 of the #1 leadership book for marketers

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Workbook with questions for The 12 Powers of a Marketing Leader

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A little guide for change makers who happen not to be the CEO (yet)

The 12 Powers of a Marketing Leader

  

For this groundbreaking leadership book, former McKinsey partner and senior marketer Thomas Barta teamed up with London Business School marketing professor Patrick Barwise to answer the question: what makes an effective and successful marketing leader?

Thomas and Patrick conducted the largest ever global study of marketing leadership, analyzing detailed original data on over 1,200 marketing leaders and more than 67,000 existing 360-degree assessments of both marketing and non-marketing business leaders. The research revealed 12 essential traits that can make or break marketers’ business impact and career success.

The 12 Powers of a Marketing Leader is the first leadership book for marketers based on anything like this level of research evidence. It tells you how to:

MOBILIZE YOUR BOSS: Make an impact at the highest level and align marketing with the company’s priorities.

MOBILIZE YOUR COLLEAGUES: Inspire and support your non-marketing colleagues to meet customers’ needs better than the competition.

MOBILIZE YOUR TEAM: Build and hone a winning marketing team. Become a leader of leaders.

MOBILIZE YOURSELF: Focus on goals that will benefit your customers, company, and long-term career.

In The 12 Powers of a Marketing Leader, you will read firsthand accounts of marketing successes from around the world—and gain psychological insights that will surprise you into the leaders who drove the key decisions. You will learn how to persuade your colleagues, motivate your team, and strengthen your leadership skills.

Warning: this isn’t a marketing book. It’s a leadership book for marketers, using the latest research on what works—and what does not work—in the digital age of marketing. By zeroing in on the value creation zone (“V-Zone”)—the all-important overlap between your company’s and customers’ needs—you’ll be able to help your business to win in the market and achieve your career goals.

Remember: doing marketing isn’t the same as leading marketing. With The 12 Powers of a Marketing Leader, you can lead the way with a new vision that is powerful, transformative, and ultimately life-changing.

“An essential read for any marketing professional looking to take the next step in his or her career.”
– Dominic Barton, global managing director, McKinsey & Company

“Research-based, but brought to life by human beings.”
– Sir Martin Sorrell, founder and CEO, WPP

“Stuffed full of sound analysis, crucial career advice, and fascinating case studies—this is an effortless must-read for the ambitious marketer.”
– Gavin Patterson, CEO, BT

“I only wish I had been able to read it a good few years ago!”
– Amanda Mackenzie, global CMO, Aviva

“This might just become the bible for marketing leaders.”
– Sherilyn Shackell, founder & CEO of The Marketing Academy

“Here is a must-read book for marketers as leaders.”
– Richard Hytner, founder, beta baboon, former DY Chairman, Saatchi & Saatchi Worldwide

“This book gets under the skin of what makes a great marketing leader.”
– Peter Markey, CMO, Post Office

“A truly insightful guide to how good marketing executives can become outstanding leaders.”
– Joan Kaloustian, managing director corporate marketing, MUFG Union Bank

The authors
of The 12 Powers of a Marketing Leader

Thomas Barta

Thomas Barta

Thomas Barta is one of the world’s premier customer leadership experts.​ A former McKinsey partner, he studies the unique intersection of customer focus and leadership.

Thomas has consulted and marketed for more than 20 years, in 14 industries, in 45 countries. His clients include many of the world’s most prominent organizations, including over two dozen from the Fortune 500.

Thomas speaks to executives worldwide about how to break the silos and generate a true customer focus—in a global and digital world. His keynote speeches inspire people at countless company conferences, including events at Adobe, Google, IBM, and SAP.

Patrick Barwise

Patrick Barwise

Patrick Barwise is Emeritus Professor of Management and Marketing at London Business School, former chairman of Which? (Europe’s largest consumer organization), a prize-winning author, and an expert on customer focus, innovation, and marketing.

His book, Simply Better: Winning and Keeping Customers by Delivering What Matters Most, coauthored with Seán Meehan (IMD, Lausanne), has been translated into seven languages, and won the American Marketing Association’s annual Berry-AMA Book Prize. Order it here from AMAZON.COM

Barwise and Meehan’s second book, Beyond the Familiar: Long-Term Growth through Customer Focus and Innovation, was published in 2011. Order it here from AMAZON.COM

Marketing Leadership Quiz

How well do you know marketing leadership? Take the quiz! Read the questions below. You’ll find the answers by clicking on the questions. How many did you get right?

A: Own leadership skills & functional skills

B: External factors (e.g., budgets, goals, company culture, role clarity, management support)

A: The CMO’s leadership and functional skills matter more for success.

Marketers are more powerful than many think. A large study of 1,232 senior marketers from 74 countries has proven that leadership and functional skills explain over 57% of the explicable variation in a CMO’s career success and 77% of his or her market success. External factors, such as budgets, aligned goals, company culture, role clarity, and top management support, matter less. Marketers can overcome many (but not all) of these external factors by displaying strong leadership and functional skills.

Source: The 12 Powers of a Marketing Leader, Barta and Barwise, 2016, N = 1,238 senior marketers

Question 2

A: 72%

B: 53%

C: 44%

B: The answer is 44%.

Most senior marketers (71%) believe they create high market impact. But only 44% say they’ve found a formula to make their careers work.

Source: The 12 Powers of a Marketing Leader, Barta and Barwise, 2016, N = 1,238 senior marketers

A: Rising

B: Stagnating

C: Shrinking

A: The power of marketing departments in U.S. organizations is rising.

In a study of 612 publicly traded U.S. firms published in the Journal of Marketing, Feng et al. proved that the power of marketing departments in U.S. firms has steadily increased over a period of 16 years.

Source: Feng, H., Morgan, A. M., Rego, L. L. “Marketing Department Power and Firm Performance,” Journal of Marketing, vol. 79, no. 5, (September 2015)

A: Customer & product knowledge

B: Role modeling

C: Big issue focus

D: Inspiring others

E: Business/personal vision

B and E: Energizing others as a role model and possessing a vision for business and own life are equally important factors in the career success of senior marketers.

In a large global research study, these two attributes each accounted for 13% of the explicable variation in career success. Other factors also mattered: knowing how to inspire others (12%), creating visible successes (12%), and focusing on big issues (10%), understanding the customers/products/markets (9%)*.

*Six other attributes, not listed here, make up the remainder.

Source: Barta, T., Barwise, P., The 12 Powers of a Marketing Leader, 2016, N = 1,238 senior marketers

A: Customer & product knowledge

B: Role modeling

C: Team performance management

D: Return orientation

E: Marketing skills (self and team)

E: Marketing skills (self and team) matter most for the business impact of senior marketers.

Functional marketing skills account for 20% of the explicable variation in market impact. To create market results, senior marketers must excel at their craft (“doing marketing”). Other leadership behaviors matter too: knowledge of customers/products/markets (18%), the ability toenergize others as a role model (13%), return orientation (11%), focus on big (business) issues(10%), and team performance management (6%)*.

*Six other attributes, not listed here, make up the remainder.

Source: Barta, T., Barwise, P., The 12 Powers of a Marketing Leader, 2016, N = 1,238 senior marketers

A: Extroverted

B: Open

C: Quick thinker

D: Critical/quarrelsome

E: Collaborative

The right order is:

B: Open to new experiences (90% of senior marketers fully agree

C: Quick thinker (81%

E: Good at collaborating in teams (78%

A: Extroverted, enthusiastic (59%

D: Critical, quarrelsome (8%).

This list is a selection from more than 50 attributes described in the research.

Source: Barta, T., Barwise, P., The 12 Powers of a Marketing Leader, 2016, N = 1,238 senior marketers

A: Higher

B: Similar

C: Lower

A: Firms with CMOs achieve a higher financial performance compared to firms without CMOs.

A 2015 study using data from 155 publicly traded U.S. firms over a 12-year period showed that the financial performance of companies with CMOs was, on average, 15% higher compared to firms without CMOs (measured by Tobin-q). Germann et al. also make a strong case for the positive financial impact of having a CMO.

Source: Germann, F., Ebbes, P., Grewal, R., “The Chief Marketing Officer Matters!” Journal of Marketing, vol. 79, no. 3, (May 2015)

A: 55%

B: 36%

C: 21%

B: The right answer is 36%.

(Note: The authors of this quiz believe this number is much too high. Marketers should think again, provide more explanation, and bring that number down.)

Source: Source: Barta, T., Barwise, P., The 12 Powers of a Marketing Leader, 2016, N = 1,238 senior marketers

A: Sales

B: General management

C: Marketing

D: Finance

E: Operations

C: Marketers are most involved in defining strategy, according to their bosses. The ranking is as follows:

C: Marketing (64% of their bosses agree)

B: General management (59%)

D: Finance (56%)

E: Operations (49%)

A: Sales (47%)

Source: Barta, T., Barwise, P., The 12 Powers of a Marketing Leader, 2016, N = 67,278 executive profiles.

A: Inspires to overcome limitations

B: Encourages business opportunities

C: Tolerates mistakes

D: Enthusiasm

E: Constructive feedback

D: Shows enthusiasm for projects scored highest when marketing team members were asked about their bosses (73 % fully agree).

From a list of more than 100 attributes, here is how some of the other attributes scored:

B Actively encourages new business opportunities (67.5%)

C Tolerates mistakes made by employees who are taking the initiative (58.4%)

A Inspires people to look beyond existing limitations (58.1%)

E Gives ongoing constructive feedback to people (49.4%)

Source: Barta, T., Barwise, P., The 12 Powers of a Marketing Leader, 2016, N = 67,278 executive profiles

A: Display strong leadership skills and make the customer case–no matter what

B: Talk to a headhunter

B: CMOs talk to a headhunter and find a new boss.

In principle, external factors (e.g., top management support or budgets) are less important contributors to a CMO’s success. The CMO’s leadership ability and skills matter more. That said, top management support, among all external factors, has the biggest influence on CMO success, accounting for 41% of the explicable variation in marketers’ business impact and for 32% of career success. Poor top management support is the hardest factor to overcome.

Advice to marketers: If the CEO really doesn’t understand the practicalities of customer focus, you’re on a road to nowhere and the company is probably doomed. Get out while you can.

Source: Barta, T., Barwise, P., The 12 Powers of a Marketing Leader, 2016, N = 1,232

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The 12 Powers of a Marketing Leader:
The Leadership Book for Marketers by Thomas Barta & Patrick Barwise

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