New McKinsey research shows CMOs are losing influence in the C-suite, widening gaps with CEOs and CFOs. Rebuilding this trio could unlock growth.
Many CMOs are being left out of key strategy talks. This weakens customer focus, causes budget misalignment, and limits growth potential.
The research highlights a growing divide in the C-suite: CEOs think they understand marketing, but most CMOs disagree. The number of executive roles has ballooned, spreading responsibility across too many titles and leaving no single leader fully accountable for customer-driven growth. Companies with an empowered CMO who owns the customer journey perform better, yet only half of CMOs are involved in strategy planning today.
The solution is stronger alignment between the CEO, CMO, and CFO. CMOs must adopt a general manager’s mindset, tie marketing activity to financial outcomes, and push for clear measurement systems that balance short- and long-term growth. CFOs play a critical role in shaping trust by ensuring marketing investment ties back to revenue and margin impact.
Looking ahead, CMOs must reframe their role as the voice of the customer, partner deeply with finance and strategy leaders, and embrace AI as a force multiplier for creative and operational efficiency. Companies that master this trio-customer focus, financial accountability, and AI-enabled speed-will outpace competitors.