Hello and welcome to The Get.
Speaker:I'm your host, Erica Seidel.
Speaker:The Get is all about driving smart decisions around recruiting and
Speaker:leadership in B2B SaaS marketing.
Speaker:This season's theme, SaaS marketing orgs, and how they're changing
Speaker:in both seismic and subtle ways.
Speaker:There are a lot of people in my network who say, I have loved being a marketing
Speaker:leader from within a company, but I'd like to eventually serve as an operating
Speaker:partner at an investment firm looking across a portfolio of companies,
Speaker:helping them to uplevel their marketing.
Speaker:There's sort of a mystique around this kind of role.
Speaker:I've interacted with several of these marketing operating partners
Speaker:in my searches, and I can say firsthand that they, like our
Speaker:guest today, are great assets.
Speaker:They can really help to ensure alignment between a CEO and a marketing
Speaker:leader, both before and after the marketing leader joins the business.
Speaker:I am excited to introduce you to Julie Zadow.
Speaker:Julie serves as Growth Marketing Leader at The Riverside Company, which is a private
Speaker:equity firm investing across a range of businesses, including many in software.
Speaker:Previously, Julie was CMO at Reward Gateway, the HR tech platform.
Speaker:She has earlier foundational experience from Workhuman, Harte-Hanks, Yankee
Speaker:Group, and Aberdeen, just to name a few.
Speaker:She has a great skill at not just speaking marketing, but speaking marketing in
Speaker:a way that resonates with investors.
Speaker:This is a really important thing.
Speaker:I am excited to hear her talk about the nature of her role and how
Speaker:CMOs can be successful in private equity backed environments and about
Speaker:the patterns that she's seeing in SaaS marketing orgs, whether with
Speaker:AI or with skillsets in general.
Speaker:And just a note, the perspectives that Julie will be sharing today
Speaker:are her own, they don't formally represent The Riverside Company.
Speaker:Julie, welcome to the show.
Speaker:Thanks for having me.
Speaker:It's great to see you again, Erica.
Speaker:Great to be with you.
Speaker:I am excited for this.
Speaker:I love your energy.
Speaker:Last time I talked with you, we covered all kinds of fun things.
Speaker:I would love to get started.
Speaker:Just introduce yourself a little bit.
Speaker:I'd love to know the nature of your role.
Speaker:It's a very cool role, like I've said.
Speaker:Many people want a role like yours, and I'm wondering if
Speaker:you could tell us about it.
Speaker:And also, what would somebody interested in becoming a marketing
Speaker:operating partner need to know that might not be evident from the outside.
Speaker:Yeah, sure.
Speaker:I'm happy to give the best description that I can.
Speaker:As you mentioned, this opportunity for PE to think about bringing on
Speaker:operational partners with functional discipline expertise in things like
Speaker:marketing or sales or rev ops, I do think is becoming more and more common.
Speaker:My role currently as a marketing operational partner at a PE
Speaker:firm, at The Riverside Company, I think of as an evolution of the
Speaker:work that I've done for decades.
Speaker:As you mentioned, I've been the CMO of a few different organizations,
Speaker:but many years ago I also founded my own fractional marketing leadership
Speaker:company called PinchHitCMO.
Speaker:I jokingly say I had a fractional marketing leadership company
Speaker:before fractional was cool.
Speaker:It was my opportunity to really lean into taking what I had been learning
Speaker:as a marketing leader and certified in the fundamentals of executive coaching,
Speaker:and then really transitioning that into being a marketing executive coach.
Speaker:As a result of my particular background being actually a blend, frankly, in the
Speaker:last decade or so of CMO experience and marketing executive coaching experience,
Speaker:that combination, I would say, made this transition for me to work as a marketing
Speaker:operational partner really natural.
Speaker:So I do work very closely with some exceptionally capable CMOs, and what
Speaker:I like about the work is that each engagement is actually pretty bespoke.
Speaker:These are great leaders.
Speaker:I love the analogy of the fact that, just like top athletes have coaches,
Speaker:so do the best executives, and that is absolutely true for marketing executives.
Speaker:What makes my role unique is it is about helping CMOs align with their
Speaker:C-suite's point of view, but since I am coming in with Riverside, I am actually
Speaker:trying to help CMOs go beyond what matters to their customer, what matters
Speaker:to the C-suite they work with on a day-to-day basis, but also think about
Speaker:their marketing strategy, resourcing, budgeting decisions through the lens
Speaker:of how the PE firm that may own their company sees their business right now.
Speaker:How do we look at marketing through the lens of business growth?
Speaker:How do we look at marketing through the lens of the investment
Speaker:thesis and the stage of the hold?
Speaker:And how can I help the marketing leaders in the Riverside portfolio companies
Speaker:be more successful, taking that pretty expansive purview into account?
Speaker:I've been the CMO of a PE-backed company before, multiple PE-backed companies.
Speaker:I have the battle scars.
Speaker:So I jokingly say, hey, Julie Zadow - battle scars for hire.
Speaker:You can bring me in and I will help your CMOs, and I will lead with a lot
Speaker:of empathy, speed, and practicality, and help them use those same skills
Speaker:to get better in their own roles.
Speaker:That's great.
Speaker:I have so much to pick up on from that.
Speaker:One is that I think when people have gone back and forth between
Speaker:running all of marketing at a company versus being a fractional leader
Speaker:or some kind of consultant, it's almost like they don't typically get
Speaker:credit for those stints where they have been fractional or advising.
Speaker:It's almost like you're homeschooled during those times.
Speaker:Then when you go back to an operational role, you don't
Speaker:really get credit for them.
Speaker:But in your case, you're actually saying, I'm drawing equally from
Speaker:my role running marketing at company X, Y, Z and my experience
Speaker:coaching, being more interstitial.
Speaker:Does that make sense?
Speaker:Yeah, and to some degree, I actually do think the benefit that I can bring
Speaker:to the table is balancing that outside in and inside out lens simultaneously.
Speaker:Being a CMO is an incredibly challenging role.
Speaker:I always joke, I, as a CMO, have certainly never walked into the CFO's office and
Speaker:said, you know what, Frank, I'm pretty good at balancing a checkbook, so I
Speaker:think I'm gonna give you some ideas on how you can do your job better.
Speaker:But I have absolutely had the experience as a CMO of having every other C-suite
Speaker:functional leader try to quote unquote, "tell me how to do my job," because
Speaker:they are looking from the inside of the company and trying to basically tell
Speaker:you how you could potentially be more successful in your job looking out.
Speaker:The same thing happens when you bump into someone on the street who
Speaker:might be in a role that in some ways involves the market, and then they'll
Speaker:suddenly have an opinion of how you could do your job from the outside in.
Speaker:I almost try to come to the table and say, hey, this is a hard job.
Speaker:Everybody has an opinion on how to get it done well.
Speaker:The opportunity here is to figure out where your company is in its hold
Speaker:relative to its market and through the lens that the PE firm that has
Speaker:invested in your company is looking at.
Speaker:What do we need to focus on now?
Speaker:How do we prioritize that and get as clear as we possibly can on the direction we're
Speaker:taking and the fires we're gonna let burn?
Speaker:That is a huge part of how I try to show up and partner with the
Speaker:CMOs in our portfolio companies.
Speaker:Yeah, I like that.
Speaker:Can you double click on that and maybe give an example from a recent
Speaker:experience where you helped a marketing leader not just talk in terms of like
Speaker:marketing speak and marketing jargon, but really align it to an investor?
Speaker:'Cause I think that's a key skill that you have that I've seen in your content, I've
Speaker:seen in our conversations, but I bet our listeners would love to hear an example.
Speaker:Yeah, so one of the portfolio CMOs that I've been working with recently
Speaker:has just done some absolutely critical and necessary foundational brand work.
Speaker:And the company has won major awards and has really, absolutely, cranking
Speaker:in a sense of the market, knows who they are, and understands the
Speaker:unique value proposition of this particular company compared to their
Speaker:competitors, which is excellent.
Speaker:But like many companies, they're not getting the results that
Speaker:they're absolutely looking for through the throughput of brand
Speaker:to demand to leads to pipeline.
Speaker:So that's an area of opportunity.
Speaker:And this particular CMO had been trying for a long period of time to help - this
Speaker:is an earlier stage company - help the investors understand the value of standing
Speaker:up a marketing automation platform.
Speaker:But she was framing it all through the lens of the leads that she could create.
Speaker:And in a sense, missed the throughput and the opportunity to really calibrate
Speaker:what that journey is like from brand to an MQL, to an SAL, to an SQL, to
Speaker:pipeline to bookings and how, if it were as equally as important to this company
Speaker:to have a brand that they understood and to also have, for example, Salesforce.com
Speaker:instance where they could measure sales impact, they actually didn't have a
Speaker:marketing automation platform stood up.
Speaker:My ability to come in and partner with her and explain where that messy middle
Speaker:could get clarified by bringing in a tool that would enable her to reorient the
Speaker:great marketing work they were already doing through the lens of its impact on
Speaker:sales forecasted pipeline wasn't a skill that she had yet, but she had done all
Speaker:of the foundational work so necessary to set the organization up to create
Speaker:that kind of opportunity, but wasn't necessarily very skilled in explaining
Speaker:what kind of MarTech stack would actually make this scale and run and how that
Speaker:would have an impact on business growth.
Speaker:So that's an example of something that I came in and partnered with her
Speaker:on and we've worked on and they've made that investment and now we're
Speaker:in the guts of architecting it all.
Speaker:And because there's already a really strong brand foundation there, I'm
Speaker:exceedingly bullish on how successful this brand to demand to pipeline
Speaker:conversion opportunity will become.
Speaker:Obviously, I wouldn't have necessarily leaned into that with an early stage
Speaker:company that was still struggling with identifying their ICP and really
Speaker:knowing their unique value proposition and how to bring that messaging to
Speaker:life because in a sense you're just gonna measure your ineffectiveness
Speaker:of your starting point then.
Speaker:So they were the right company.
Speaker:It was the right time to make that investment, and I felt like I was in
Speaker:a unique position to not just help her understand what her PE investors were
Speaker:likely looking for to help justify an investment like that, but also helping
Speaker:her PE investors understand how ready her marketing organization was to
Speaker:put this kind of fuel into the tank.
Speaker:Yeah, yeah.
Speaker:That's great.
Speaker:Thank you.
Speaker:It's interesting that you use the word brand because I feel like brand could
Speaker:be a four-letter word, I know, [Erica laughs] in a lot of different shops.
Speaker:So I think some people are still talking more about influence
Speaker:and authority, and presence and messaging and positioning and such.
Speaker:So, good for you.
Speaker:Any thoughts on that?
Speaker:And the whole is brand a four-letter word in your circles?
Speaker:Well, I think it can be because, obviously, people always say, let's
Speaker:harken back for a moment to the Don Draper days when marketing was
Speaker:equal parts liquor and guessing.
Speaker:Okay.
Speaker:We've evolved past the liquor and guessing days.
Speaker:I would say now we're still straddling the arc from art to science.
Speaker:Is marketing art?
Speaker:Is marketing science?
Speaker:People tend to think that brand is only on the art side and demand
Speaker:is only on the science side.
Speaker:But the truth of the matter is, because, as we've all heard this stat a million
Speaker:times already, the percentage of B2B buyers who show up already knowing
Speaker:what they need before they're ready to talk to a salesperson, your brand
Speaker:has been showing up incognito as part of the process by which a prospect is
Speaker:deciding whether you are the company they're gonna get a demo from or not.
Speaker:So one of the things that I think is so important about brand is to
Speaker:remember not everything measurable is by definition impactful.
Speaker:There are many things that will be impactful that may not yet be quite
Speaker:measurable, but we can't throw the baby out with the bath water and we
Speaker:still actually need to lean into both.
Speaker:The challenge is figuring out, again, taking this full circle, how to calibrate
Speaker:the moment you're in and what matters to the stage of growth your company is at
Speaker:in terms of your marketing resource, your budget, your org design, figuring out what
Speaker:brand to demand ecosystem will best get you the results that your company needs.
Speaker:When you talk about the moment that you're in, do you mean, for instance, that if
Speaker:you're doing pretty well, but the PE shop's in year four of a five-year hold
Speaker:period and they're probably gonna exit the business in a year, then maybe you
Speaker:focus more on just that, like you do less branding and more demanding, or what?
Speaker:I think, historically, that has actually been an element of being a PE-backed CMO
Speaker:that has potentially been underserved a little bit, which is, if your goal
Speaker:as a CMO is to look as strategic as possible, and you're doubling down on
Speaker:the argument about rebuilding your entire website in year four and five of a hold,
Speaker:you really need to step back and try to understand what that conversation
Speaker:sounds like to your PE investors who are probably in their stage of a hold where
Speaker:their goal is to basically say they've done all the foundational building.
Speaker:This is probably about optimizing, if not reducing, spend to basically
Speaker:make top line growth look as powerful as possible, as well as EBITDA.
Speaker:However, if you are a brand new CMO and you run in guns blazing and decide
Speaker:that you're basically gonna focus on how fast you can speed up MQL to SAL
Speaker:conversion rates, but you're not taking a moment to stop and say, how much of
Speaker:our traffic and leads do we believe are being generated through digital?
Speaker:How much is our website a huge part of how we show up in the
Speaker:digital universe for our prospects?
Speaker:And when was the last time anybody looked at whether this website
Speaker:accurately reflects who we are today, and, more importantly, who we believe
Speaker:we can be in three to five years?
Speaker:That's the right conversation to have in year one of your hold.
Speaker:It's not necessarily the right conversation to have in year five.
Speaker:Don't decide that you know.
Speaker:Ask the questions of your CEO and your PE investors and help them understand
Speaker:the lens that you are looking at and the pivots you're willing to take
Speaker:relative to them bringing you into the conversation around what matters
Speaker:most right now to the business.
Speaker:Yeah, that's great.
Speaker:I'm imagining like a piece of content.
Speaker:I'm such a content person, but year one, year three, year five, and what the goal
Speaker:is and what the typical or, perhaps, usual types of marketing focus areas are.
Speaker:I don't know if it can be that reduced, but that's where my head is going.
Speaker:Anyway, cool.
Speaker:Let's talk about SaaS marketing organizations and how they are evolving.
Speaker:I'm curious to look at it from both junior levels and senior levels.
Speaker:I know you have some interesting perspectives on this about how
Speaker:AI is changing the game for jobs.
Speaker:I remember you said you had some interns at Riverside and you had to
Speaker:think about what to do with them and how to give them a good experience.
Speaker:Can you talk about that?
Speaker:Yeah, sure.
Speaker:Obviously there's so much going on in the market right now, people talking about
Speaker:the degree to which AI is potentially replacing junior roles, and frankly,
Speaker:this isn't across just marketing.
Speaker:This is probably across all levers.
Speaker:I've had a unique opportunity to reflect on what that might mean
Speaker:relative to summer interns, for example.
Speaker:I have the privilege of working with two fantastic interns this summer through
Speaker:my role at Riverside, and I think it's been eye-opening for both sides.
Speaker:You and I had chatted before about when I reflect back on the internships that
Speaker:I had many years ago, I put them in a three-part bucket and my role as an
Speaker:intern was work, and then as a result learn, and then as a result network.
Speaker:What that really meant is there was usually some kind of grunt work for me to
Speaker:basically lean into and work at and do.
Speaker:And then hopefully as a result of doing that work, I learned something, but then
Speaker:because someone was giving me that work, it meant I had the chance to network
Speaker:with someone that I might not have had the chance to network with before.
Speaker:That being said, I definitely have memories of being in internships where
Speaker:I over-indexed on part one and part two where like I was doing a lot of work
Speaker:and I was trying to learn, but no one was really pulling me into meetings or
Speaker:letting me listen in on strategy sessions or giving me the opportunity to take my
Speaker:work and try to imagine what it meant in context to the broader organization.
Speaker:Nowadays, because of the way in which the entry-level roles are changing,
Speaker:AI influenced and otherwise, we're not necessarily needing junior level people,
Speaker:or interns for that matter, to do a lot of number crunching in some of the ways they
Speaker:might have done, or editing some copy, which can be done very quickly using AI.
Speaker:But obviously we still recognize at a macro level the importance of bringing
Speaker:in the next stage of the workforce.
Speaker:And even if we're not indexing as much as we maybe had in the
Speaker:past on the work part of it.
Speaker:I don't have a library full of paper that needs to be alphabetized and put into
Speaker:a storage room, which actually is a job I did in New York City many moons ago.
Speaker:But I believe that, therefore, my responsibility as someone working right
Speaker:now if I have interns, is to find what they can do, but lean into the opportunity
Speaker:to chat with them every day and help them focus on the learning and the networking,
Speaker:and then pull that through and give them the opportunity to be in meetings and
Speaker:try to understand the context and how we collaborate to make things happen.
Speaker:The one thing that AI is not going to change moving forward is the
Speaker:criticality of context and collaboration for our ability to achieve success
Speaker:cross-functionally, and exposing interns and more junior level people
Speaker:to more of how the work is getting done today gives us two benefits.
Speaker:Number one, we're basically planting the seeds for future growth inside
Speaker:our company with these new people that are bringing great new perspective.
Speaker:And frankly, I've heard many a story lately where it's the more junior people
Speaker:that actually have more functional experience leaning into the entire
Speaker:cornucopia of opportunity with AI.
Speaker:We're missing the chance to learn from them because we're not pulling them
Speaker:into the context of how we're working enough for them to share something
Speaker:that they might know that we don't yet.
Speaker:So I've been trying to work with our interns to basically say there's
Speaker:learning on both sides here and we just need to contextualize it for the
Speaker:AI+ plus environment we're in today.
Speaker:Well said.
Speaker:I remember you mentioned one thing that you asked an intern,
Speaker:and you said I anticipate you're gonna use AI to get this done.
Speaker:And it was something like what are you regurgitating and not understanding here?
Speaker:I loved that.
Speaker:Can you mention that a little bit?
Speaker:Sure.
Speaker:One of my interns, I actually put them on a project of looking at a couple of
Speaker:our Portcos and using our AI instance to get AI's recommendations of what
Speaker:AI believed each Portco should do to improve their website for better
Speaker:conversion and business outcomes.
Speaker:And then to compare and contrast the different feedback that AI gave across
Speaker:different Portcos and she did an excellent job of pulling this information together.
Speaker:When we talked about it, I paused her and I said, okay, I gave the parameters of
Speaker:this project around using AI for insight.
Speaker:Tell me now, now that you've just gone through this presentation, where
Speaker:you felt like you were parroting AI or regurgitating AI, or whether you
Speaker:were able to synthesize what AI was recommending you tell me, and now
Speaker:this is actually what you think.
Speaker:We had a great conversation, and it enabled me to see some areas where
Speaker:probably the feedback was laced with jargon that she hadn't been exposed to
Speaker:yet in her business career so she didn't have any context for, and it also gave
Speaker:me a really interesting opportunity to say at the end, what did you end
Speaker:up thinking that AI didn't recommend?
Speaker:She actually had some excellent suggestions for the user experience on
Speaker:the website that AI hadn't surfaced.
Speaker:It almost gave her a thought partner and helped her realize she had an
Speaker:opinion to share and it was well served and I was glad to receive it.
Speaker:I'm leaning into sharing it beyond the conversation that she
Speaker:and I had, further down into the organizations that I'm working with.
Speaker:That's a great story.
Speaker:I love that.
Speaker:I love the specifics here.
Speaker:Can you take a broader view on SaaS marketing orgs in general, and
Speaker:how do you think we will see them being reimagined or reinvented?
Speaker:You know, thanks to AI.
Speaker:Yeah, I do think we are in a - I dunno what to call it.
Speaker:Maybe like a re-architecture moment.
Speaker:And I don't just mean the tools that SaaS marketers use or B2B marketers use.
Speaker:I really mean the very functions of the workflows that define
Speaker:go-to-market organizations.
Speaker:Everybody talks about AI through the lens of speed and efficiency, but I think
Speaker:it's actually changing how marketing gets done and who you need to do it.
Speaker:One example for me of a very quickly shifting role that has
Speaker:been very disintermediated by AI is probably the BDR role.
Speaker:Still critical, but that notion of how AI can change the job description of
Speaker:what a BDR does or what exact skills are most important, I think is something we
Speaker:really need to look at because the tools are there to really lean into making BDRs
Speaker:much more efficient and effective with the impact of an actual conversation as
Speaker:a result of the early stage engagement that, for example, an AI SDR can do.
Speaker:For example, one of our Portcos has recently instituted a really interesting
Speaker:AI SDR, and while it didn't necessarily drive an incredible volume of, for
Speaker:example, net new meetings, what we've seen in terms of the quality of the meetings
Speaker:generated as a result of partnering an AI SDR with a BDR has been unbelievable.
Speaker:We've actually seen, I believe it's like a 33% increase in qualified pipeline as a
Speaker:result of partnering an AI SDR with a BDR.
Speaker:This isn't the elimination of the BDR role.
Speaker:It's critical for one of our Portcos, but it is an opportunity to not just prove
Speaker:the volume of what they can produce in terms of meetings generated, but actually
Speaker:the quality of the meetings themselves.
Speaker:That, to me, is super powerful and I see a lot of disruption happening there.
Speaker:If I was gonna put a counterpoint on that and think about where do I see a role
Speaker:where AI won't easily replace, the area I lean into now is product marketing.
Speaker:You know, product marketing is not just messaging.
Speaker:It's not just positioning.
Speaker:It's that interconnected strategic orchestration.
Speaker:PMNs, they translate the product value into market impact.
Speaker:Then they have to do that hard work of corralling product teams, sales teams,
Speaker:customer success teams, the market.
Speaker:Any role where I think a huge part of leadership success at this point is very
Speaker:tied to pattern recognition, stakeholder navigation, more in, maybe I'll call
Speaker:it like more narrative leadership.
Speaker:Those are the areas that I don't think AI is able to disintermediate quite yet.
Speaker:So product marketing stands out for me as an area that, still safe, we'll call it.
Speaker:Yeah.
Speaker:That's great.
Speaker:"Narrative leadership." I like that.
Speaker:Do you see any particular expectations from Portco CEOs about AI skill
Speaker:sets for marketing leaders?
Speaker:Because I sometimes see job specs floating around asking for things like AI first
Speaker:marketing acumen or AI fluency, et cetera.
Speaker:I'm wondering are you seeing that, what does that mean, and how is it showing up?
Speaker:Yeah.
Speaker:I see a lot of it as well, you know what I mean?
Speaker:It's just coming into the dialogue of interview processes and job
Speaker:descriptions left and right these days.
Speaker:And I certainly understand why, but I think we need to back it up
Speaker:a little if we really wanna think about how to be effective here.
Speaker:If I'm being honest, like here's what I actually think.
Speaker:Okay, fine, everything with AI is unprecedented, but maybe when we
Speaker:think about what this means for our candidates, I think there's maybe
Speaker:more a dose of everything old is new again than we might be realizing.
Speaker:For example, I remember how we thought everything was forever
Speaker:changed when ABM swept the scene.
Speaker:But what really changed there, other than marketing leaders needing to get
Speaker:super intentional about defining and aligning, what it meant to partner with
Speaker:sales for growth or we were suddenly swamped with all the capabilities
Speaker:and the exploding MarTech stack.
Speaker:But ultimately, we realized something very granular and foundational,
Speaker:which is, okay, what are our data hygiene processes inside this company?
Speaker:How do we police data hygiene at an enterprise level so that the insights
Speaker:from our MarTech data are actually useful and not directionally hallucinogenic?
Speaker:Which is basically what they often became.
Speaker:I can harken back even more recently to what I've seen when SEO and PPC
Speaker:blew up marketing budgets because they were so incredibly measurable.
Speaker:But over time we learned a million impressions don't amount to much,
Speaker:if a mere fraction of them convert to actual leads or pipeline.
Speaker:I say all this by saying, it's too soon.
Speaker:It feels too soon, to me, for a CEO to over index on saying, tell
Speaker:me how you've wrestled AI to the ground as a marketing leader.
Speaker:I think a better opportunity is to say, let's look at the moments where the
Speaker:sands under marketing leadership feet started shifting, and tell me what your
Speaker:change management approach was for that in terms of your go-to market approach,
Speaker:your calibration of your team, and your collaboration with the C-suite.
Speaker:We have periods of time in SaaS marketing history of, just in the
Speaker:last two decades, that we can pull from here and we can learn from there.
Speaker:So yes, there may be a couple unicorn SaaS marketing leaders available right
Speaker:now who will leave wherever they are to come to your company to deploy their
Speaker:unbelievably excellent AI impact charter.
Speaker:Amazing.
Speaker:But if they don't have those skills yet, and an executive recruiter or a
Speaker:CEO recognizes they've got someone who is skilled at change management, who
Speaker:understands how to adapt themselves and their teams and the organization
Speaker:around them for change, and they're willing to lean into thinking through
Speaker:and collaborating on, number one, how AI is changing go-to-market, and
Speaker:number two, how AI could potentially make the product or the service that
Speaker:this company is bringing to market more effective or more measurable.
Speaker:Maybe that's the starting point.
Speaker:Align on your starting point and take it from there.
Speaker:Great.
Speaker:Thank you.
Speaker:So like you're saying, AI is big, but it's not everything.
Speaker:Can we talk maybe more broadly?
Speaker:Can you give a piece of advice to CMOs who are considering joining private
Speaker:equity backed companies on how they could be successful in that environment?
Speaker:When I think about the CMOs that seem the most successful in PE-backed
Speaker:organizations today, I think it's all about discovery and infrastructure.
Speaker:You need to lean into, if you're just new and you're showing up,
Speaker:don't trust that the organization is completely aligned on the ICP.
Speaker:Clarify that ICP.
Speaker:Lean in.
Speaker:Make sure that that is a reset and refresh moment where needed.
Speaker:Look at the foundational definitions of an MQL, an SAL, an SQL.
Speaker:You'd be surprised how much tribal knowledge might be wrapped up in
Speaker:those definitions that may not be serving your customer well today.
Speaker:And again, coming back to really understanding the
Speaker:hold year that you're in.
Speaker:If year one is that discovery and infrastructure phase, I think year three
Speaker:is, maybe, your acceleration phase.
Speaker:Year five is exit prep, right?
Speaker:And you need to understand each of those stages of hold relative to your
Speaker:stages of growth and understand how to show up for the CEO, and the PE
Speaker:firm, and your teams accordingly.
Speaker:That's an area that I think B2B and SaaS CMOs are getting
Speaker:smarter and smarter about.
Speaker:But I think it's newer knowledge.
Speaker:So it hasn't been quite as pressure tested as maybe we need it to be.
Speaker:When you're interviewing people, do you have a favorite
Speaker:question that you like to ask?
Speaker:Something particularly revealing?
Speaker:I do.
Speaker:One of my favorite questions, once you get through all of the obvious stuff, is
Speaker:that I love to just ground prospective CMOs for some of our Portcos in trying to
Speaker:ask them, really, when they think about themselves professionally, the arc of
Speaker:their professional marketing leadership career, when do they feel the most useful?
Speaker:And to see how they unpack that question because you can learn a lot
Speaker:about their style of leadership, their style of collaboration, their penchant
Speaker:for risk, their willingness to learn.
Speaker:So much of marketing today really comes from you could be good
Speaker:without those skills, but you can't be great without those skills.
Speaker:So asking somebody to deconstruct where they feel the most useful, when they've
Speaker:felt the most useful, why they felt the most useful, can really unpack the core of
Speaker:the CMO you're potentially bringing into your organization in a really nuanced way.
Speaker:I like that.
Speaker:I haven't asked that one yet, and you're giving me a good idea here
Speaker:'cause I have probably dozens of people every week who contact me.
Speaker:"Oh, I'm looking for a job. I wanna get on your radar."
Speaker:I talk to people and I just go through these particular questions.
Speaker:Why now?
Speaker:What do you wanna do next?
Speaker:What are your criteria?
Speaker:And I always ask, what do you do that's easier than breathing?
Speaker:Which is good, but then people always interpret it
Speaker:as, oh, this is my superpower.
Speaker:And that's fine, but it's just like a overdone kind of question.
Speaker:I might sub in this question.
Speaker:Thank you.
Speaker:Oh, I'm flattered.
Speaker:[she laughs]
Speaker:I like it.
Speaker:I like it.
Speaker:That could be a whole interview right there because there's
Speaker:all the different Ws, right?
Speaker:What are you doing?
Speaker:Why are you doing it?
Speaker:When?
Speaker:How long does it take for you to be producing that very useful value?
Speaker:Et cetera.
Speaker:I like it.
Speaker:I like it.
Speaker:Now, some CEOs are kind of gun shy about hiring CMOs because they might have failed
Speaker:in the past or had somebody that didn't last as long as the CEO would've liked.
Speaker:This is just a very touchy subject in the CMO world right now, but
Speaker:what's your advice to a CEO who has failed at hiring a CMO in the past?
Speaker:I would say if you failed at hiring a CMO before, first, you're not alone.
Speaker:A lot of CEOs have.
Speaker:But my advice is before you rush in to hire another CMO, let's take a step back.
Speaker:Ask yourself, were you really clear on what success was meant to look like?
Speaker:And have you now created the conditions for that success to
Speaker:happen if it didn't happen before?
Speaker:That's a pretty loaded question, but I do think that gives us the opportunity
Speaker:to look at where that misalignment might have more of an origin point
Speaker:than we might have otherwise realized.
Speaker:At the end of the day, the CMO role is tough, but frankly, not to be
Speaker:outdone by the CEO role itself.
Speaker:If a CEO is expecting a marketing leader to understand what it means to champion
Speaker:brand and demand and pipeline against very specific growth goals and they
Speaker:haven't worked together to formulate what that means, and, each quarter of
Speaker:the year, what the trade-offs will be for getting to that outcome, and, to
Speaker:reference something I said earlier as a result of that prioritization, deciding
Speaker:which fires you're gonna let burn?
Speaker:If they don't have clarity on that, more often than not, I think CMOs are set up
Speaker:to fail and really leaning into a CEO's understanding of their responsibility
Speaker:to bring clarity to their expectations of that role is a critical part of
Speaker:getting it right the second time, if it didn't go well the first time.
Speaker:Yeah.
Speaker:Just devil's advocate here, I could picture a CEO saying, alright,
Speaker:it's not on me to create every single condition for success.
Speaker:I need the CMO to do that too.
Speaker:I wonder what you would say to that?
Speaker:Because in my experience, I feel like it's not just what needs to happen, it's
Speaker:what needs to happen over what timeframe and what's reasonable to expect in the
Speaker:short term versus medium and long term.
Speaker:Any thoughts on that?
Speaker:My advice on that would probably split between whether I was dealing with
Speaker:a founder CEO or a non founder CEO, because I do feel that the archetype
Speaker:shows up a little differently each time.
Speaker:I think founder CEOs, I've often had to advise or work with founder CEOs
Speaker:to understand that there may have been a time where they themselves were the
Speaker:singular personification of the brand.
Speaker:They are not anymore based on the goals of this next stage of growth.
Speaker:So you do need to lean into setting certain success parameters with your CMO.
Speaker:That is still your job, but how they get to those outcomes needs
Speaker:to be something you step away from.
Speaker:I often find that founder CEOs try to get too much into the guts of how
Speaker:marketing leaders are planning to get to the outcomes they need, and that
Speaker:often throws off a marketing leader's sense of purpose and engagement
Speaker:for being in the role at all.
Speaker:I do think that more experienced CEOs are a little more comfortable,
Speaker:often, letting marketing come up with the how to get to the outcomes
Speaker:that qualify as business success.
Speaker:But I think what often happens is that there's a lack of clarity
Speaker:when CEOs often feel like, I don't understand why we're doing that.
Speaker:I, myself, have had circumstances where I basically said to a CEO that I was
Speaker:working with, you don't like this?
Speaker:And I can tell, tell me why.
Speaker:And they deconstructed why they didn't like an entire campaign.
Speaker:And I said let me ask you something, is this how you would define yourself?
Speaker:And I rattled off exactly who our ICP was and they said, no, not at all.
Speaker:And I said, well, I know because this campaign isn't for you.
Speaker:This campaign is for somebody who defines themself like this.
Speaker:That is our ICP.
Speaker:And that was a real "Ah ha!" moment for this person, and it helped them
Speaker:realize it may be better to give their marketing leader a little more rope to
Speaker:go do what they do before they decided they needed to pull on the rope too hard.
Speaker:That's a great story.
Speaker:How does it occur to you to do that?
Speaker:Is this a skillset set of a learned thing of okay, let me step into questioning
Speaker:mode and let me, I don't know, put the CEO in the shoes of the ICP?
Speaker:How does that occur to you to do that?
Speaker:Well, the benefit of being someone who's worked in a lot of different
Speaker:environments and worked for or with a lot of different CEOs is that it has
Speaker:given me a better opportunity to pause.
Speaker:I try to think of a question before I get defensive with an
Speaker:answer and see what happens next.
Speaker:And yes, to reference a point I made earlier in this discussion,
Speaker:that definitely comes from a place of battle scars for hire.
Speaker:So I'm just trying to take what I've learned and repackage it
Speaker:in a way that someone else gets to a better outcome faster.
Speaker:Yeah.
Speaker:Yeah.
Speaker:That's great.
Speaker:We are running out of time, so I have one final question for you, Julie.
Speaker:This season, again, our theme is how SaaS marketing orgs are changing
Speaker:in both seismic and subtle ways.
Speaker:I like alliteration.
Speaker:In one sentence or so, can you describe how SaaS marketing orgs are changing in
Speaker:either seismic or subtle, or both, ways?
Speaker:Yes, I will do my best.
Speaker:I probably will end up manifesting a sentence that has a lot of dashes and
Speaker:commas to get to your one sentence goal.
Speaker:But I guess what I would say is AI can do a lot, but if it's automating a bad
Speaker:campaign strategy, we're not winning.
Speaker:If it's generating leads that your account execs can't convert, what's the point?
Speaker:And if it's eating SEO for lunch, but we're still not actually creating
Speaker:content that's interesting or relevant, then really nothing's changed.
Speaker:At the end of the day, context and collaboration still matter more than ever.
Speaker:AI is changing SaaS marketing and B2B marketing in ways that we've never
Speaker:before seen, but to some degree, it is just amplifying the importance
Speaker:of leaning into change management one initiative at a time in ways
Speaker:that we actually do know how to do.
Speaker:And we've got this.
Speaker:Great.
Speaker:Thank you so much, Julie, for joining the show.
Speaker:Thanks for having me.
Speaker:This has been a really fun conversation.
Speaker:That was Julie Zadow from the Riverside Company.
Speaker:Stay tuned for the next episode of The Get coming in a couple of weeks.
Speaker:Thanks for listening to The Get.
Speaker:I'm your host, Erica Seidel.
Speaker:The Get is here to drive smart decisions around recruiting and
Speaker:leadership in B2B SaaS marketing.
Speaker:We explore the trends, tribulations, and triumphs of today's top
Speaker:marketing leaders in B2B SaaS.
Speaker:If you liked this episode, please share it.
Speaker:For more about The Get, visit TheGetPodcast.com.
Speaker:To learn more about my executive search practice which focuses on recruiting the
Speaker:make-money marketing leaders, rather than the make-it-pretty ones, follow me on
Speaker:LinkedIn or visit TheConnectiveGood.com.
Speaker:The Get is produced by Evo Terra and the team at Simpler Media Productions.