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Marketing leaders are facing constant new challenges. If you want to stay ahead of the curve, listen to Building Better CMOs, from the nonprofit thinktank MMA Global. It's a podcast about the future of marketing and how marketers can get smarter & stronger, hosted by MMA CEO Greg Stuart.
Greg interviews some of the wisest and most successful CMOs in the business, who share crucial insights about what their industry gets wrong, how to get to the C-Suite, and how to unlock the true power of marketing. You'll gain a deeper understanding of the evolving purpose of marketing leaders, and learn actionable strategies to overcome obstacles.
Produced by LightningPod.fm. For transcripts and more, visit bettercmos.com
Total 31 episodes
1
Carolyn Pollock, CMO of Tailored Brands: Don't Believe Your Hype
Full transcript
Marketing measurement is a complex puzzle—especially when it comes to balancing long-term brand-building efforts with short-term performance metrics that will please stakeholders. Tailored Brands CMO Carolyn Pollock acknowledges that CFOs may be skeptical of matched market testing and other tools for measuring brand-building impact, but that long-term may have an edge.
"The consistency and the continuity of showing up with a message over time, you think back to almost every brand example," Carolyn says. "The ones that are really strong and bring long-term brand value, they've delivered something very consistently for a reasonably extended period of time. And I think what happens nowadays is people don't have that same level of patience or tolerance, and our attention spans are shorter, and we feel the need to be constantly changing things up."
Today on Building Better CMOs, Carolyn and MMA Global CEO Greg Stuart talk about the complexities of building a modern marketing technology stack, the exciting potential of AI, and operating effectively inside of a private equity company. Carolyn also talks about why even subject matter experts need to gain a holistic understanding of their whole organization.
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Links:
Carolyn's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
Learn more about your ad choices. Visit megaphone.fm/adchoices
01:03:2313/11/2024
Ariel Kelman, CMO of Salesforce: AI Agents in Action
Full transcript
It's easy to say you want your decisions to be data-driven. But as Salesforce CMO Ariel Kelman has learned, hard data doesn't tell the full story. Often, you also need to consider the qualitative.
"Let's say you go and do some executive event series, where you have 30 people come to each event," he says. "It's not like if we want to go draw conclusions from, let's say, Dreamforce, we had 45,000 people. You've got a lot of data to work with there."
Ariel previously led worldwide marketing for Amazon's cloud services business, AWS; his boss at the time, Andy Jassy, recommended that he call up a sampling of the participants in a niche program to determine its value to the company.
"Of the 300 people in this program over the year, we went and called up 20 of them and we got pretty consistent information: This part of what you're doing is super impactful to getting us to do more. This part [is] irrelevant, waste of time. This part, I don't care ... When there's areas of your business that you can't measure precisely, if you come up with three different imprecise, imperfect measurement techniques that are very different, then you can see it can actually end up being useful. If they're all aligning, your chances of them being statistically flawed in exactly the same way are pretty low."
Today on Building Better CMOs, Ariel talks with MMA Global CEO Greg Stuart about the transformative role of AI in modern marketing and Salesforce's innovative Agentforce platform. They also discuss prioritizing customer experience, the challenges of adopting deep learning models, and misconceptions in marketing measurement.
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Links:
Ariel's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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45:2630/10/2024
Allyson Witherspoon, Global CMO of Nissan: Creativity is Queen
Full transcript
Automotive marketing is fiercely competitive, and even though she's excited about the potential of AI, Nissan's Global CMO Allyson Witherspoon says an over-reliance on technology could be dangerous. She believes the safer bet is to continue to embrace creativity and a strong brand identity, even in an era dominated by AI and data-driven tools.
"If everyone is using AI and the data set is the same for everyone, then what's going to be differentiated?" she asks.
Today on Building Better CMOs, Allyson talks with MMA Global CEO Greg Stuart about how she adapted her leadership style for a Japanese team, the art of impactful messaging, and the importance of flexibility in the workplace. They also explore how marketers can better communicate their value within organizations and why listening is a crucial and sometimes difficult skill to develop.
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Links:
Allyson's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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51:3416/10/2024
Manolo Arroyo, Global CMO of Coca-Cola: What Kind of Leader Are You?
Full transcript
Manolo Arroyo, EVP and global CMO of the Coca-Cola Company, believes there are three types of leaders: One type lacks confidence in themselves and frequently changes the strategy; another buys time for themselves by changing the team around them; and the third decides to commit to the strategy and the team and get the work done.
"[They] roll up their sleeves, having the confidence that the strategy is the right one," he says. "The team fundamentally is the same. It might not be perfect, but they're willing to roll up their sleeves and build the capabilities together and go through whatever it takes to learn every day and continue to encourage and inspire the teams to go faster."
Today on Building Better CMOs, Manolo talks with MMA Global CEO Greg Stuart about leveraging AI for brand innovation and the importance of personal well-being for peak performance. He shares insights on the evolving landscape of marketing measurement, and highlights Coca-Cola's enduring Olympic partnership, aligning with the brand's values and global reach.
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Links:
Manolo's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:02:5502/10/2024
Andy Rebhun, Chief Experience Officer of Cava: Bring the Weather
Full transcript
Today on Building Better CMOs: Andy Rebhun, the chief experience officer at the fast-casual Mediterranean restaurant chain Cava, talks with MMA Global CEO Greg Stuart about the importance of consistent authenticity, how to thrive in the C-Suite, and "bringing the weather" for everyone — including Uber Eats drivers.
"We welcome everyone to our table," he says. "It should never be that DoorDash or Uber Eats driver is anything different from one of our other customers. Because again, if we do a good job with a handoff, they're likely going to do a good job with the handoff to the customer."
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Links:
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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59:3612/06/2024
Linda Boff, Global CMO at GE: Servant of Purpose
Full transcript
GE has changed a whole lot since Global CMO Linda Boff started working there, more than 20 years ago. It was once a sprawling portfolio company that made everything from microwaves to television shows; recently, it spun off its healthcare, energy, and aerospace divisions into three distinct public companies, and executives like Linda take these core areas of focus very seriously.
"We are a company, I like to say a capital-P Purpose company," she says. "A third of the world has power because of GE. Planes with our engines take off every two seconds. So as you and I are talking, there are probably, give or take 900,000 people in the sky right now with our engines under wing. And our health care equipment, MRIs and CTs and so much more, touches 2 billion patients a year."
Today on Building Better CMOs, Linda and MMA Global CEO Greg Stuart discuss how to punch above your weight with a smaller marketing team, why B2B businesses don't have to be boring, the importance of communicating to the rest of the C-Suite in their language, and more. Plus: Why you need to separate stories from facts.
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Links:
Linda's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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54:0515/05/2024
Charisse Hughes, Chief Growth Officer at Kellanova: Evolution of the CMO
Full transcript
It doesn't matter how good your marketing is if you can't communicate its impact to the larger organization, says Charisse Hughes, senior vice president and Chief Growth Officer of Kellanova. Her firm spun off of the Kellogg Company last year to manage iconic brands like Pringles, Cheez-It, Pop-Tarts, Rice Krispies Treats, as well as breakfast cereal outside of the U.S. Those have been household names for a long time, but Charisse says that across the marketing world, it's easy to lose sight of the long term.
"Marketers are missing the mark in terms of our communication strategy within the organization—as well as how we look at, measure, and think about immediate versus long-term business results or long-term brand equity," she says. "I feel like we, as a marketing community, have to get better at educating our organization, our CEOs, our CFOs, on what is the value of a click today, what is the value over the course of time, and what tradeoffs are we making here and why?"
Today on Building Better CMOs, Charisse and MMA Global CEO Greg Stuart discuss all of that, as well as how to unlock the value of brand marketing, purposeful career pivots and getting to the C-suite, balancing hard truths with optimism, and more. Plus: What makes a Chief Growth Officer different from a CMO?
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Links:
Charisse's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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48:4601/05/2024
Michelle Crossan-Matos, CMO of Ulta Beauty: Visionary and Operator
Full transcript
Some marketers think of themselves as operators and some see themselves as visionaries. But only the great ones, says Ulta Beauty CMO Michelle Crossan-Matos, understand that they have to be both. Just before the POSSIBLE conference in Miami, where she spoke to MMA CEO Greg Stuart, she was in Orlando, working to inspire 3000 leaders from Ulta's massive retail operations.
"But when I get in the office tomorrow, it is about how are my sales doing? How can I pivot? How can I get even more this Friday?," she says. "So ask yourself deeply right now, how comfortable do you feel between that toggle? And if you don't enjoy that, that's okay. How can you learn to enjoy it?"
In this special live episode of Building Better CMOs, Michelle and Greg also talk about her unusual path to the C-Suite, managing a gigantic loyalty program, creating your own framework, preparing for every scenario, why every marketer should take a stint in retail, and more. Plus: How business leaders can prepare for unexpected scenarios like COVID.
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Links:
Michelle's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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34:0526/04/2024
Andrea Zaretsky, CMO of Morgan Stanley Wealth Management and E*TRADE: Can You Measure Customer Experience?
Full transcript
Marketing is both an art and a science, but unless the science is sound, the rest of the company won't believe that you're driving results. So says Morgan Stanley Wealth Management CMO Andrea Zaretsky, who has devoted her entire marketing career — starting at American Express in 2003, with stops at Sephora and Toys-R-Us in between — to improving measurement.
"From the beginning, it's been really important for me to understand how to use analytics," Andrea says. "How to make sure that we're setting up the right test and control, how do we ensure that we're getting learnings and cascading them, and then how do we scale wins to truly drive growth for the company?"
Today on Building Better CMOs, Andrea talks with MMA Global CEO Greg Stuart about the three things companies can do to measure better, how to work with non-native marketers, and why the Super Bowl really matters. They also discuss the underrated importance of customer experience to business results and — most importantly — how E*TRADE makes those talking baby ads.
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Links:
Andrea's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:00:3306/03/2024
Leslie Sims, CMO of Impossible Foods: Remember the Human
Full transcript
"At the end of the day," says Impossible Foods CMO and Chief Creative Officer Leslie Sims, "we're helping save the planet, we're helping the environment, but people don't necessarily want to hear that when they're eating a cheeseburger."
The arrival of the plant-based meat industry came in the form of a scientific breakthrough: Foods made from plants that behave like meat when cooked, which have been steadily added to restaurant menus around the world; in the case of Impossible's chicken nuggets, many critics have declared them "better than the real thing." But our emotional attachment to the foods we eat means that, if Impossible wants people to make different decisions in the grocery store, Leslie and her team have their work cut out for them.
Today on Building Better CMOs, she and MMA CEO Greg Stuart talk about her background working at ad agencies, the disconnect between CMOs and CFOs, and her guiding philosophy that marketers must always remember the human on the other end of their work. Plus: The danger of over-reliance on data, and the enduring power of the Super Bowl.
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Links:
Leslie's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
Learn more about your ad choices. Visit megaphone.fm/adchoices
01:00:2921/02/2024
Nudge Theory with Rory Sutherland on "Stories and Strategies"
If you like Building Better CMOs, we think you'll also like "Stories and Strategies For Public Relations and Marketing," hosted by Doug Downs.
In this episode, originally released in May 2021, Doug interviews Ogilvy UK vice chairman Rory Sutherland about nudge theory — the behavioral science concept popularized by Cass Sunstein and Richard Thaler's book "Nudge: Improving Decisions About Health, Wealth, and Happiness."
We'll be back in two weeks with a new episode of Building Better CMOs!
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28:1107/02/2024
Kellie Richter, CMO of First Command Financial Services: Marketing a Mission
Full transcript
By her own admission, First Command Financial Services exec Kellie Richter's official title is a mouthful. It's "EVP, Chief Marketing and Client Experience Officer" — but those aren't empty words to her.
The clients who First Command cares about are military service members, veterans, and their families; even more than a regular financial services customer, Kellie says, "they do their research ... they're protective of their services and they should be."
Having Client Experience in her title gives Kellie an added layer of accountability, and serves as an invitation to anyone researching the privately-owned firm to reach out about their experiences, good or bad.
"A lot of times, it's not about getting a one or a five star," she says. "It's about, are you listening? Are you paying attention to the feedback? And are you responding to that? And that's what people want to see."
Today on Building Better CMOs, Kellie talks with MMA Global CEO Greg Stuart about how First Command's mission motivates its employees, why marketing can't fix a broken client experience, and why she believes some of the best marketers in the business are at Trader Joe's. Plus: What happens to military families during a government shutdown?
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Links:
Kellie's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
Learn more about your ad choices. Visit megaphone.fm/adchoices
52:4624/01/2024
Esther-Mireya Tejeda, CMO of Anywhere Real Estate: Emographics, Not Demographics
Full transcript
To connect with their customers, companies have to understand them. But current approaches just don't work, says Anywhere Real Estate CMO Esther-Mireya Tejeda.
Breaking those customers into demographic groups obscures important differences, and psychographic profiles are not easily targetable. The missing link is an emerging neuroscience-backed framework called emographics, which explains why people do what they do.
"The majority of human behavior upwards of 95 percent is actually emotionally driven by the unconscious," Tejeda says. "The closer we get to actually understanding that unconscious persona — and we marry that data set with the demographics and the psychographics — now we're talking about a truly 360 robust understanding of that person. Now we can understand what makes that person tick. Now we can start building personalized, targeted, precise campaigns."
Today on Building Better CMOs, Esther-Mireya talks with MMA Global CEO Greg Stuart about why no one is "just" a marketer, the irreplaceable human element in real estate, and why the era of "one size fits all" marketing is over. Plus: How technology is simplifying the home-buying experience, and how brands can respond to an era of widespread distrust.
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Links:
Esther-Mireya's LinkedIn
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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57:3410/01/2024
Laura Jones, CMO of Instacart: Love the Challenge
Full transcript
Laura Jones is Instacart's CMO and was previously the former global head of marketing, but she never explicitly set out to get jobs like those. "How did I end up here?" she asks. "It really centers on proactively seeking out learning opportunities."
After stints at Deloitte, Visa, and Google, Laura's last two job hops were both motivated by a realization that she had learned what she could from those roles and "that I wanted to continue pushing myself ... every day has been hard. It's the opposite of comfortable." That helped her reach the C-Suite because, in marketing, you need to be able to talk to all types of people — designers, data analysts, CFOs, and more. Through it all, she has been grateful for the opportunities to learn, and loved the challenges thrown at her daily.
Today on Building Better CMOs, Laura talks with MMA Global CEO Greg Stuart about the convergence of commerce and video, customer-centric design, and building different products for different marketer objectives. They also discuss the challenges of today's AI, developing a unified marketing voice, and the differences between pre-IPO Uber and post-IPO Instacart.
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Links:
Laura's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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51:0127/12/2023
Aron North, CMO of Mint Mobile: Marketers Have Lost Their Insight
Full transcript
When Aron North was hired to lead marketing and creative at Ultra Mobile — the fastest-growing private company in the world, in 2016 — he had no idea what would be waiting for him on day one: The outlines of a new prepaid cell phone plan aimed at consumers, then called Mint SIM, which would be sold online only.
Aron was blunt with the company's president: "Oh, this is incredibly interesting. Unfortunately, this is never going to work the way you've laid it out. There's no chance this succeeds."
At the time, the consumer proposition of what would eventually become Mint Mobile was confusing, and it wasn't clear how consumers would benefit from switching to Mint. Aron and his team worked until they arrived at a clear insight that would define the company's early years: "How can it be any good if it's this cheap?"
Today on Building Better CMOs, he talks with MMA Global CEO Greg Stuart about what happened next, why marketers' opinions of a product don't matter, and hiring fiercely competitive “killers." They also discuss the importance of failing often, and the benefits of playing "jump ball" with creative teams. Plus: Why AI is overrated.
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Links:
Aron's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:01:1313/12/2023
Zena Arnold, CMO of Sephora US: Balancing Brand and Performance
Full transcript
The "brand versus performance" marketing debate happens in all industries, but no one appreciate the value of brand as performance better than Zena Arnold, the CMO of Sephora US. Her job requires her to balance the demands of both online and in-store operations ("I get emails every hour during our great sales," she notes), so performance means more than just clicks.
"One of our key roles of marketing and retail is driving traffic, whether that's into a store or whether it's to our site or our app," Arnold says. "And it's pretty awesome when you turn things on to see that having a direct effect almost immediately ... One of the things that's been growing for us a lot is buying online, picking up in-store. So people are thinking about it, they want something maybe right away, they know the store's on the way home, but let me just order it, have it waiting for me, I can run in quickly, grab it and go. So that blurring of the channels has been really good for our customer client experience."
Today on Building Better CMOs, she talks with MMA Global CEO Greg Stuart about her background in computer science, her past roles at firms like P&G and Google, and why you need to learn and adapt constantly to thrive in senior executive roles. Plus: What is the future of AI in marketing? And how do you turn customers into brand ambassadors?
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Links:
Zena's LinkedIn
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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54:4229/11/2023
Vineet Mehra, CMO of Chime: "Performance Storytelling" is Brand AND Performance
Full transcript
"We have this East Coast, West Coast dynamic going on in our industry," says Vineet Mehra, the CMO of Chime. But rather than 2Pac and Biggie, the split is between brand marketing and performance marketing — which Vineet says shouldn't be mutually exclusive.
"Instead of integrating our worlds and realizing that all of this is now marketing, we have marketed marketing in an absolutely divisive way," he says, "and actually split the community as opposed to recognizing that there's just a new way of marketing and these two things need to be integrated and live together."
Today on Building Better CMOs, he explains his vision for that new, integrated way, which he calls "Performance Storytelling." Vineet and MMA Global CEO Greg Stuart also talk about treating everyone as a future customer, building credibility with your CFO, and hiring for more than culture and fit. Plus: Why everyone who wants to be a marketing leader should aim to be an executive in both a big public company and a private PE- or VC-backed firm.
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Links:
Vineet's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:02:2115/11/2023
Rebecca Messina, Former Global CMO of Uber: Value Creation Mindset
Full transcript
One of the three core principles of successful marketing operations, says McKinsey & Co senior advisor Rebecca Messina, is articulating and keeping to a clear mission. Sometimes, companies already have one, but "engagement in the mission is low." Other times, business leaders may think they have a mission, but it's wildly inconsistent across the organization. Formulating a proper answer to the mission question means asking some fundamental questions.
"It's based on the bigger question, which is where in the value equation are you?," says Rebecca, the former global CMO of Uber and longtime marketing leader at the Coca-Cola Company. "Are you that exchange company? Are you that engagement company? Are you that experience company? ... Whatever you are, how is it that you uniquely create that experience? How is it that you're going to uniquely deliver on engagement?"
Today on Building Better CMOs, Rebecca talks with MMA Global CEO Greg Stuart about cultivating the right mindset for marketing, the complexities of changing strategies, and what it takes to get into leadership roles. They also discuss the softening of the brand vs performance debate, how Rebecca redefined herself outside of Coca-Cola, and the dangers of opening a car door in Amsterdam.
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Links:
Rebecca's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:08:4001/11/2023
Heather Freeland, Chief Brand Officer of Adobe: Advertising is Overrated
Full transcript
“You need content to deliver a good customer experience.” Sounds obvious, right? Except in today's marketing environment, says Adobe's chief brand officer Heather Freeland, one campaign can require 5,000 unique assets: Consider every possible channel, multiply that by the number of audiences you're trying to reach, and that by the number of customer segments within those audiences, and that by the number of markets you're launching in.
"It is virtually impossible to keep pace," she says. "So we've had to fundamentally rethink how we're building content to keep pace with this. And if we didn't have a solid operational backbone, we'd be hosed."
One saving grace, though, comes from Adobe itself: New generative AI solutions like the image model Firefly, which can make in seconds multiple versions of an asset that might have once needed hours of tinkering. "We need to help the rank-and-file marketer scale and move faster and accelerate workflows," Heather says. "And we need to help people find new ways to accelerate their thinking and think even bigger."
Today on Building Better CMOs, Heather talks with MMA Global CEO Greg Stuart about the challenges of keeping pace with technology, what everyone can learn from how Disney World operates, and the difference between a career ladder and a career jungle gym. She also looks back on her time at Facebook, where her first product was launching mobile ads, and explains why the most over-hyped thing in marketing today is advertising itself.
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Links:
Heather's LinkedIn
Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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55:0018/10/2023
Dara Treseder, CMO of Autodesk: Invest in Yourself
Full transcript
Once upon a time, Autodesk CMO Dara Treseder was selected by her then-employer for an assessment with a professional coach, to see if she was executive material. "I knew I could, but I didn't think I would" make it to the C-Suite, she recalls. "And I didn't think I would because I didn't think anyone would give me the shot."
The big takeaway of the session reduced Dara to tears: Her CEO really believed in her, so much so that — if she improved on some problem areas — she could be a great CMO. So, Dara made a PowerPoint deck and took it to her husband with a pitch: Let's hire a professional coach on her own dime, "so that when I do get that top job, I am ready to go, and I can keep it," she says. "I think about that a lot, because many times, people are waiting for someone else to invest in them. You know what? You've gotta invest in yourself. If you don't believe in yourself, how do you expect anyone else to believe in you?"
Today on Building Better CMOs, Dara talks with MMA Global CEO Greg Stuart about why marketing is art AND science; the danger of falling in love with your own ideas; and Autodesk's campaigns at the Oscars and during the series finale of The Walking Dead. They also discuss Dara's journey from Nigeria to the US, having gratitude for your life, Apple's new "Mother Nature" ad, and more.
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Links:
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:15:0304/10/2023
Domenic DiMeglio, CMO of Paramount Streaming: Lead with Empathy
Full transcript
How do you advertise a streaming movie or TV show? "Flashy campaign assets" like a trailer and key art are certainly part of it, says Paramount Streaming's head of marketing Domenic DiMeglio. But in the modern entertainment business, that's just the tip of the iceberg. In reality, he says, you need hundreds of assets that will appear on every platform, and a plan to "manage the customer life cycle as part of that process."
"There's just so much that goes into successfully building and managing and executing a campaign that you don't necessarily see beyond those flashy moments," Domenic says. "... If you're not placing that trailer in the right places, you're not giving it the right fuel to get viewed by folks, then you're also letting it down."
Today on Building Better CMOs, Domenic talks with MMA Global CEO Greg Stuart about competing with TikTok for viewers’ attention, the science of making an entertaining trailer, why Paramount bundled Showtime into the streaming service Paramount+, and more. They also discuss how to lead with empathy, the success of the company's free ad-supported streamer Pluto TV, and the return of Damian Lewis' character Axe to Showtime's "Billions."
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Links:
Domenic's LinkedIn
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:01:4120/09/2023
David Mogensen, VP of Marketing at Uber: Not Embarrassed to Sell
Full transcript
Uber's big Super Bowl campaign this year was a hit: In the ad, actual Uber executives try to convince Diddy to produce a jingle for the company's membership program, Uber One. The entertaining spot was "about as blatantly overt about selling as you can get," says VP of Marketing David Mogensen — and he's proud of that.
"As an industry, I think we tend to think that selling is a bit of a dirty word," David says. "And so we do all this beautiful work that, as you said, wins all kinds of awards, but it's so afraid of being seen as selling that it doesn't actually sell anything. And in turn, it doesn't move the needle for the business."
Today on Building Better CMOs, David talks with MMA Global CEO Greg Stuart about the impact of COVID-19 on Uber's business, thriving in different work environments (including overseas), and the challenges of measuring a campaign's performance, especially in the mid-upper funnel. He also talks about his previous roles at Google and BMW, what makes Uber's marketing culture more intense than other companies', and changing how the public thinks and feels about the Uber brand.
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Links:
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Greg's LinkedIn
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:04:2506/09/2023
Andrea Brimmer, CMO of Ally: Great Privilege, Great Pressure
Full transcript
As recently as the late 2000s, if you wanted to launch a new banking brand you needed brick-and-mortar branches. But GMAC, a spinoff of GM that was bought by private equity firm Cerberus, didn’t have the liquidity to build or buy a network like that. Joining the company as a brand executive and later becoming its CMO, Andrea Brimmer recalls how risky it felt to debut GMAC’s new identity, Ally Financial, as an online-only firm.
“It sounds funny to say that now, 15 years later when everybody's banking in the palm of their hand, but it was a huge challenge to convince people to send their money to the internet, and that was exactly what we had to do,” Brimmer says. “We really underestimated how big this franchise could really be … I think it's one of the best turnaround stories in American business history."
Today on Building Better CMOs, Andrea talks with MMA Global CEO Greg Stuart about the research Ally and the MMA have done together on "brand as performance marketing,” sharing data with marketing leaders at other companies, and what it takes to make the leap from account manager to marketing leader. They also talk about Ally’s commitment to investing equally in men’s and women’s sports, and why no responsible company can ignore generative AI.
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:02:5023/08/2023
Mike Raffensperger, Chief Commercial Officer of FanDuel: Second Screen Success
Full transcript
There are some necessary dividing lines in FanDuel CCO Mike Raffensperger's line of work. The most obvious one is that online sports gambling is legal in 19 states, but not others. The company also refuses to do name & likeness deals with college athletes because many of them aren't old enough to gamble, Mike explains. But he outright rejects the idea — widely accepted in some marketing circles — that there needs to be such a bright line between brand and performance marketing.
"What human being experiences a brand or marketing that way?" he says. "'Ah, I see their new television campaign is out, building their brand attribute... I've formed a more intimate relationship with this company.' A little bit later, I'm on Twitter: 'Oh, they've got a special offer that is 20% off this week! I should click on this and activate.' Nobody does that! That's not the way anybody actually has a consumer journey."
Today on Building Better CMOs, Mike talks with MMA Global CEO Greg Stuart about why CMOs are becoming more like strategic leaders, how FanDuel became "one of the most successful second-screen experiences in the world," and the challenges he is tackling beyond just legalization. Plus: Why FanDuel is able to says it airs more live sports than any other company in America.
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:09:3009/08/2023
Kellyn Smith Kenny, CMO of AT&T: Beware of These Famous Fails
Full transcript
When CMO Kellyn Smith Kenny joined AT&T in 2020, she led an ambitious overhaul of the company's purpose; as is the case in many companies, this required a huge amount of customer research, and countless workshops and conversations with employees from across the company. But after landing on a stronger brand — to connect people to greater possibility through expertise, simplicity, and inspiration — Kellyn realized the new identity couldn't be launched to the public yet. Internally, AT&T's staff would have to "live it" first.
"We needed to get our employees excited about it, our employees inspired by it," she says. "We needed for every single employee of the company to have their own connection story, to be able to tell a story that showcased how AT&T was bringing greater possibility either to communities or customers or even members of their own family so it felt real and personal, and it felt like a purpose that they could sign up for."
Today on Building Better CMOs, Kellyn talks with MMA Global CEO Greg Stuart about the incredible success of that rebranding, and why it worked. They also discuss the fatal mistakes that marketers can make in measurement and attribution; the enormous impact AI will have on marketing; embracing change to grow in your marketing career; and more.
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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58:5426/07/2023
Zach Kitschke, CMO of Canva: Design For Everyone
Full transcript
The online design software Canva has more than 130 million users around the world, but it wasn't obvious 10 years ago that the Australian startup would one day be a runaway hit, valued at $40 billion. Just ask CMO Zach Kitschke, who was employee number five. He was hired to do communications and marketing, but also wound up being tapped to lead customer service, product, HR, and even food prep for a time.
"When you're working towards a mission like that, it's just like, okay, one step after the other, this kind of relentless pursuit of trying to get there," Zach recalls. "There were weeks early on where it was this kind of desperate exercise of, how are we going to get the next five users, 10 users, 50 users? And it felt like that went on for a long time."
In this episode of Building Better CMOs, Zach talks with MMA Global CEO Greg Stuart about how Canva got started, why he strives to avoid chasing marketing buzzwords, and how Canva is re-aligning its products to embrace AI. They also discuss the benefits of working with a professional coach, and why you should say yes to opportunities that are outside your comfort zone.
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This episode was produced and edited by Eric Johnson from LightningPod.fm.
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50:3712/07/2023
Diana Haussling, Colgate-Palmolive North America: Is the Funnel Dead?
Full transcript
Colgate-Palmolive has been in business for more than 200 years, and it won't be around for another 200+ unless its operators continue to innovate, says Diana Haussling, the company's VP and GM North America Consumer Experience & Growth.
"It's really important that we don't have a sense of entitlement," she says. "We are parts of a broader history, of a huge brand and a huge brand story. Our responsibility as brand stewards has to drive our passion, our focus, to make sure that these brands don't fall down on our watch."
Diana originally came to Colgate-Palmolive to run digital commerce in North America, which gives her a unique perspective on marketing, and in this episode of Building Better CMOs, she tells MMA Global CEO Greg Stuart that it's time to rethink some fundamentals — including the funnel. They also talk about acting like a founder, winning in both digital and brick-and-mortar, and the balance between ambition and fear of failure. Plus: Where Diana's work ethic comes from, how she gives back to her community, and what marketers should take away from this year's Pride Month.
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How Colgate developed a recyclable toothpaste tube
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:00:1028/06/2023
Mayur Gupta, CMO of Kraken: When the S**t Hits the Fan
Full transcript
Mayur Gupta attributes everything he understands about marketing to his background as an engineer, the safest career path for a young person in India. He pivoted twice: First to Sapient's ad tech product BridgeTrack, and then to his first proper role in marketing, joining Kimberly-Clark in 2012. Today, Mayur is the CMO of the Kraken Digital Asset Exchange, which he describes as a crypto brand with a soul.
"Fundamentally, the way I look at it is the next stage of growth and adoption for crypto will come when the technology underneath crypto becomes hidden and the value becomes more visible," he says.
On this episode of Building Better CMOs, Mayur and MMA Global CEO Greg Stuart talk about crypto non-believers, the four eras of marketing, aligning the C-Suite to marketing objectives, building transparency and accountability, and more. Plus: The book that changed Greg's life, and two leadership lessons from Mayur that will make any organization stronger.
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The viral Kitboga video Kraken helped create
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:00:5314/06/2023
Jonnie Cahill, CMO of Heineken USA: Buy the Idea
Full transcript
Jonnie Cahill has served as CMO of Heineken USA since 2018, overseeing the marketing for some of the world’s biggest beer brands, including Heineken, Dos Equis and Tecate. He also worked on their alcohol-free beer, Heineken Zero, including a Super Bowl TV spot starring Paul Rudd as Ant-Man from the Marvel Cinematic Universe.
On this episode of Building Better CMOs, Cahill tells MMA Global CEO Greg Stuart why live experiences are an underrated form of marketing; makes the case for marketers to be both "disciplined and driven," all the time; and issues what should be the First Commandment of marketing: Buy the idea, not the execution.
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Heineken's Super Bowl ad
The "riveting viking saga" ad for Heineken Silver
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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01:02:1931/05/2023
Linda Lee, CMO of Meals and Beverages at Campbell's: Scientific Method
Full transcript
Since 2019, Linda Lee been the CMO of Meals and Beverages at Campbell Soup Company, and she also chairs MMA's North America board of directors. Her pre-Campbell's resume includes stints at Procter & Gamble, General Mills, and Mondelēz International. But before all that, she was a scientist, earning a BS in chemical engineering.
On this episode of Building Better CMOs, Lee convinces MMA Global CEO Greg Stuart that marketers should apply a kind of scientific method to their work; she also talks about the challenges of bringing original thinking to iconic brands, and why the conventional wisdom about career advancement may be wrong.
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1960s Spaghettios ad
Good Thins ad
A sponsored TikTok for "sides season"
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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53:3231/05/2023
Norm de Greve, CMO of CVS Health: The Framework Crisis
Full transcript
As CMO of CVS Health, Norm de Greve has overseen some incredibly important and sometimes controversial campaigns, including the removal of cigarettes from all of their stores in 2014. More recently, CVS has made a point of calling out when photos of models have been retouched, and is offering both virtual and in-person mental health counseling to customers who need it.
On this episode of Building Better CMOs, de Greve talks to MMA Global CEO Greg Stuart about all of those things, as well as the balancing act between being successful and doing the right thing; he also argues that an alarming number of marketers are wasting everyone's time by not developing a framework to drive growth for their organizations.
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NBC News coverage of the "beauty mark" campaign
CBS News coverage of the cigarette removal
This episode was produced and edited by Eric Johnson from LightningPod.fm.
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40:0831/05/2023