How to Build and Scale a High-Performance Marketing Team, According to Leaders Who've Done It
In 2020, I started using Headspace.
And, as it turns out, so did everyone else.
The meditation app, which was first launched back in 2012, initially generated roughly $30 million in revenue and, as of 2017, had 40,000 subscribers.
Today, the app has over 2 million users, and is valued at $320 million dollars. How’s that for growth?
But, when any company scales that quickly, it begs the question: Will the business survive, and even thrive under its newfound success? Or will it crumble?
Perhaps your company is experiencing similar growth, and your marketing team is feeling the growing pains. Or, maybe your business is brand new, and you’re focused on effectively building a strong marketing team for the first time.
Whichever the case, the challenges that come along with building or scaling a marketing team can be detrimental to an organization if handled poorly. Which is why I sat down with marketing leaders at Google, Microsoft, Wistia, Canva, and Typeform to learn their tips for successfully building or scaling a team — so that you’re ready when it’s your time to grow.
Let’s dive in.
Tips for Building an Effective Marketing Team
1. Hire with diversity, equity, and inclusion in mind.
There are countless benefits to diversity in the workplace – for instance, did you know organizations with a diverse leadership team have 19% higher revenue on average than companies with less diverse leaders?
Or, how about the fact that diverse teams can solve problems faster than cognitively similar people?
Suffice to say, diversity matters.
When building an effective marketing team, it’s critical to consider diversity, equity, and inclusion from the very beginning.
As Google’s Global Head of SMB Partnerships Marketing, Elana Chan, told me, “Hiring is the most important thing you’ll do as a leader — and that also means you need to think about DEI. It’s easy when we’re running fast to just ask people in our own networks to apply for open positions, but it’s worth it to diversify. Every study and even my own experience has proven that diversification and different points of view are important.”
Chan adds, “It takes longer to hire people who are outside of your natural network, but it’s worth it. You’ll get the right people for the job and also set the right tone across your organization. It’s important to walk the talk when it comes to DEI, not just when it’s convenient.”
When you’re first building out your team, you’ll want to ensure you incorporate DEI into your recruitment plans. To do this, consider writing inclusive job descriptions, advertise roles through diverse channels, and standardize your interview process.
You might also try using recruitment technology like Greenhouse Inclusion to reduce the risks of unconscious bias when interviewing.
2. Hire people who are hungry enough to try anything.
If you’re just starting out, you don’t have unlimited budget to hire a slew of marketers who specialize in …read more
Source:: HubSpot Blog