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A Refresher on Marketing ROI

Harvard Business Review

Marketing ROI analysis can help answer those questions. What is Marketing ROI, and How Do Companies Use It? Marketing ROI is exactly what it sounds like: a way of measuring the return on investment from the amount a company spends on marketing. Marketing ROI is a straightforward return-on-investment calculation.

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How CMOs Can Get CFOs on Their Side

Harvard Business Review

Marketing is in the midst of an ROI revolution. ’” To reverse this perception and to get greater bang for marketing’s buck, we believe that CMOs must become true collaborators with CFOs and adopt a marketing ROI approach that’s driven by analytics. The opportunity is enormous.

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How Big Data Brings Marketing and Finance Together

Harvard Business Review

To spearhead analytic efforts, he assigned a finance person – who was already embedded in marketing – to create an ROI evaluation framework and integrated her deeper into the marketing function. Intel formed a special Marketing ROI (MROI) team – a first-of-its-kind collaboration between marketing and finance.

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Shifting Finance from Controlling to Improving

Harvard Business Review

As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Getting the CFO on board is key. CFO Tim Olson of ThedaCare , a healthcare system in Wisconsin, went through a similar conversion. Then I became an advocate. Now I know that.".

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What If Google Had a Hedge Fund?

Harvard Business Review

The same investment logic holds for Apple's innovation ecosystem; the flow and fortune of its third-party apps development alone would yield valuable insight. Any data-driven, analytics-obsessed trader or investor would be thrilled running a Facebook fund.

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Convincing Employees to Use New Technology

Harvard Business Review

“We’ve spent an awful lot of money on technology, but I still see people working in the old way,” complained the CFO of a large hospitality company. Budget for the communication, training and organizational development required to succeed. Engage your HR and Organizational Development people early. Why does this happen?

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A Step-by-Step Plan to Improve CMO-COO Collaboration

Harvard Business Review

Here are our recommendations for how CMOs and COOs can develop a more collaborative working relationship: 1. Develop a shared vocabulary and shared metrics. When the marketing/operations team walked through each of the stages of this particular journey, they quickly developed a greater appreciation for the entire process.

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