As social leadership is an increased focus for global businesses, BusinessNext went in search of the top 25 CMOs in Fortune 100 Companies. In the end, they could only find 20 as only one in five CMOs on the Fortune 100 list are active in public social networks. I’d concur, though, that number is higher than previous years.
Despite The CMO Survey’s recent projection of an 150% increase in social spending in marketing budgets over the next five years, the majority of the senior staff holding the purse strings are yet to establish a social footprint of their own. Is this an indication that they don’t understand the space, or is it that they put their efforts in promoting the brands they work for instead of the brand of “me”?