Are CMOs and CFOs Aligned?

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by Ayaz Nanji

Chief marketing officers and chief financial officers agree that they should be on same page with each other: 77% of CMOs and 76% of CFOs say such alignment is highly important, according to a recent report from Active International.

However, the CMOs and CFOs surveyed are less sure about how that coordination affects the bottom line, with only 45% of each group saying misalignment has a moderate or higher negative impact on the financial results of their company.

Below, key findings from the report, which was based on data from a survey of 100 CMOs and 100 CFOs based in the United States.

Alignment and Misalignment 

  • 13% of CMOs and 21% of CFOs report always agreeing with their counterpart on major business decisions.
  • Only 12% of CFOs say their CMO is excellent at connecting marketing projects to ROI.
  • CMOs and CFOs are on the same page when selecting vendors, with each group ranking quality of work, industry expertise, and cost as their top three criteria.
  • CMOs and CFOs rank overall strategic direction of the business as the area where they are most aligned.
  • However, CFOs say financial priorities is the second area on which they are most aligned, whereas CMOs put it at fifth.
  • The two groups agree that they are misaligned on marketing priorities, with both ranking it last.

About the research: The report was based on data from a survey of 100 CMOs and 100 CFOs based in the United States