Teams in turmoil: Marketers on the ups and downs of restructures
Matthew ValentineWith the level of marketing team restructures at a three-year high, can revamps be seen as a positive form of redeployment rather than a cover for redundancies?
Matthew is a regular writer of features for Marketing Week. He has written about the design, marketing and retail sectors for more than 25 years and has a long-established interest in the creative industries. Matthew is the former editor of Retail Design World and his work has appeared in The Times, The Daily Telegraph, Retail Week, The Caterer, Essential Retail and Design Week, among others. He is also an experienced judge of B2B awards, having developed and run schemes in the retail and marketing sectors.
With the level of marketing team restructures at a three-year high, can revamps be seen as a positive form of redeployment rather than a cover for redundancies?
While some firms are cutting senior marketing leaders, others see appointing their first CMO as a statement of intent in the pursuit of growth.
From avoiding the impulse to hire ex-colleagues to constantly engaging “passive candidates”, marketers discuss their playbook for building effective teams.
From startups recruiting generalists to corporates hiring specialist expertise, marketing teams may differ by size or industry but change is a constant.
Marketing Week’s 2024 State of B2B Marketing research reveals marketers are coming under increasing pressure to deliver.
A combination of weak consumer pressure and a lack of agreed standards means marketers are failing to prioritise cleaning up their ‘hidden’ digital emissions.
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Fresh from appointing former Mars CMO Andrew Clarke to its board, the fashion retailer claims its “strong” brand portfolio has contributed to record sales.
Klarna claims it is reaping the rewards of embracing “practical AI” to make its business – and employees – “more efficient”.
Having boosted not only quality but – crucially – style perceptions, Marks & Spencer is to open a curated standalone clothing and beauty store in “test and learn” trial.
Retailers opting for heavy discounts on summer fashion and household goods have driven the first fall in retail prices for almost three years, but inflationary pressures remain.
From analysing growth prospects to digital delivering brand building, Marketing Week’s Language of Effectiveness data suggests differing attitudes between B2B and B2C firms.
Consumers’ sentiments around their personal finances are improving, while sentiments around the general UK economy are on the decline, according to August’s GfK Consumer Confidence Index.
Global advertising spend is set to exceed $1trn (£820bn) this year for the first time.
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Procter & Gamble Europe chief brand officer Taide Guajardo will work alongside Boots CMO Pete Markey, who was appointed ISBA president last month.