Dear reader,
The job of Chief Commercial Officers (CCOs) is becoming more and more important. They provide essential guidance for businesses. Let’s break down what these versatile leaders do in simple terms:
Still unsure about what CCOs do? Our informal LinkedIn poll says 26% of people are. A CCO is the link between the CEO and customers’ needs and experiences. They inform the C-suite about what needs to be done to ensure that your sales numbers keep rising and don’t plateau.
You might think, “Isn’t this what all executives are meant to do?” But here’s something to chew on: today’s consumers are different, and thus, C-suites need to be different too. Consumers expect more. They’ve carved out a niche for CCOs that didn’t exist 40 years ago.
The challenge then becomes picking the right CCO. Their impact can range from sparking new business opportunities to completely missing the target. You don’t want the latter.
That’s why I’ve put together this guide—especially for CEOs like you. Choosing a CCO isn’t just business as usual. So, I’m sharing 10 top questions for your CCO interviews, to help you find the champion your business needs.
Yours truly,
Tom Goorman, Global Functional Leader, Marketing and Sales
When looking for a CCO, think ahead. You’re not just picking a leader for today; you’re choosing one for the future—2040 and beyond. Here’s why:
By 2040, we expect a massive shift online, with 95% of sales happening there. Most brick-and-mortar stores will likely have gone the way of the dinosaurs. The Asia Pacific region is set to boom, making up 39% of the world’s spending power. That means businesses need to start building their presence in emerging markets now. And while our planet’s population will grow by one billion, the number of consumers will jump by two billion. Generation Alpha, the children of today, will be the shoppers of 2040 with totally new desires—things will be all about speed, efficiency, affordability, and technology yet to be invented.
So, to get to the point, you need a CCO who’s built to last. Someone who can plant strong roots now. But what should you look for in a future-ready CCO?
Here’s what counts:
Critical thinking means disciplined, clear, and rational thinking. It’s driven by evidence and self-awareness. Critical thinkers ask questions, analyze assumptions, and apply thought to make good decisions and sound judgments.
Everyone likes to think they’re a critical thinker. In fact, 67% of people believe they have a good grip on what critical thinking is, but somehow only 19% can define it thoroughly.
It’s not always easy to find true critical thinkers, especially when you need them on your team.
When interviewing a potential CCO for your company, though, you can ask certain questions to get a glimpse of a candidate’s critical thinking skills, for example:
Critical thinking is important, but it’s not everything. You also need adaptability. If your CCO can’t adapt, they’ll struggle to ride the winds of change.
Research shows that being open to new experiences, as well as being extroverted, agreeable, conscientious, and emotionally stable are all linked to adaptability at work. If you want an adaptable CCO, look for these traits.
Interviews may not always expose someone’s level of adaptability. But you can ask specific questions to get a better idea, like:
Teamwork makes the dream work. It’s not just a catchy rhyme—it’s the truth. And it applies to your future CCO just as much as to anyone else—if not more so. Your CCO must make marketing and sales work together like a well-oiled machine. That’s no easy task.
Now, when I say collaboration is important, it’s not just because it’s nice to have some social cohesion at work. It’s important because it drives productivity. In fact, organizations that hit the collaboration sweet spot and really get it right are five times as productive as their peers.
But being a great collaborator and being likable or charismatic aren’t the same thing. And that makes it hard to determine if someone is a good collaborator from an interview alone. However, like all the traits mentioned previously, there are a few questions you can ask to determine how good someone might be at collaboration, like:
If you’re looking for a CCO who can truly impact your business, you need someone who combines critical thinking with data-driven decision-making. Although these traits complement each other, they are different.
Data-driven decision making uses solid data to guide strategic business choices that match your goals and priorities. It’s all about making informed choices based on facts and figures.
And if you’re skeptical about the benefits, the data tells a clear story: organizations that focus on data-driven decisions are three times more likely to experience improvements in decision making than those that don’t rely heavily on data. But only 26.5% of organizations have a data-driven approach at the leadership level. By hiring a CCO who values data, you could join this group.
So, how can you tell if a CCO candidate really makes decisions based on data without overwhelming them with graphs and statistics? It’s straightforward—you can ask them specific questions to see how they think, like:
Your CCO’s talent for building relationships is important in the C-suite. Interesting to note, research shows that people who struggle with relationship-building also tend to fall short in setting ambitious goals, getting results, inspiring others, being honest and ethical, taking initiative, demonstrating technical knowledge, and tackling problems when compared to those who excel in building strong relationships.
What do skilled relationship builders do differently? According to the same research they’re not just good at starting and maintaining strong relationships; they’re trusted by their team, work well with others to get things done, think about how their decisions affect their colleagues, look out for the team’s interests even when on their own, and successfully work across the organization to meet goals requiring a lot of collaboration.
So, how can you tell if a candidate is great at building relationships just from interview conversations? Well, you can ask pointed questions like:
Market analysis and strategic vision are important, but they won’t get you very far without a CCO who can unleash the power of digital transformation and data analytics. Sadly, these aren’t always at the top of the list for many leaders.
The World Economic Forum predicts that digital transformation will pump an extra $100 trillion into the global economy by 2025. But while 87% of business leaders agree that digital is the way to go, less than half have actually scaled their initiatives.
Here’s how other companies are benefitting from taking digital transformation and data analytics seriously:
So, when you’re chatting with a CCO candidate, you’re looking for two key things: One, are they ready to help your company succeed by driving digital transformation? Two, can they turn data into real results?
Customer-centric companies are 60% more profitable than companies that are not focused on the customer. That’s the main reason why it’s important that you hire a CCO who takes customer-centric innovation seriously. But while many organizations claim to focus on customers, only 39% have senior-level executives genuinely dedicated to customer-centricity. In your company, this could be your CCO.
Let’s look at an example: AB InBev faced market backlash in 2023 after a campaign involving influencer Dylan Mulvaney which resulted in Bud Light losing its top spot in the U.S. beer market. This happened because the company, while trying to improve its image and reputation, fundamentally misunderstood its existing customer base and its readiness to accept Mulvaney as part of the brand.
By asking a CCO candidate about their commitment to remaining customer-centric, you figure out if they’re good at including customer feedback in their business strategy. It’s a big deal because making the business revolve around customers is proven to help companies grow and last.
You need to ask about KPIs in the interview—though it’s best to save this question for last. The CCO candidate should have an understanding of your company’s specific hurdles and processes to give a meaningful response.
But don’t just ask which KPIs they prioritize—you need to explore how they intend to foster organization-wide acceptance of these metrics. It’s imperative that the candidate demonstrates a plan for aligning the team and resources to these KPIs.
You also need to discuss how the candidate would operationalize and execute on these metrics to drive meaningful results. After all, the implementation process is just as important as the metrics themselves.
Some of the KPIs you should consider discussing include customer lifetime value (CLV), sales growth, and cost per acquisition. Other strong KPIs that a candidate might mention include:
When a CCO candidate discusses their preferred KPIs with you and their plan for implementation, they are essentially giving you their playbook for business growth. These indicators are critical for any CCO in making informed, strategic decisions that affect the bottom line.
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