{"id":17159,"date":"2020-07-30T04:00:00","date_gmt":"2020-07-30T09:00:00","guid":{"rendered":"https:\/\/aquent.com\/?p=17159"},"modified":"2020-07-30T04:00:00","modified_gmt":"2020-07-30T09:00:00","slug":"how-to-keep-pace-with-a-rapidly-changing-marketplace","status":"publish","type":"post","link":"https:\/\/aquent.com\/en-gb\/blog\/how-to-keep-pace-with-a-rapidly-changing-marketplace","title":{"rendered":"How to keep pace with a rapidly changing marketplace"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">We recently teamed up with <\/span><a href=\"https:\/\/econsultancy.com\/\"><span style=\"font-weight: 400;\">Econsultancy<\/span><\/a><span style=\"font-weight: 400;\"> to pick the brains of 322 top creative and marketing leaders at companies with $250M+ in annual revenue. Here&rsquo;s a sneak peek of our results, which focus on the accelerated need for digital strategy and the talent to support it.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><span>With everything in flux and almost everyone online, find out how to keep pace with a rapidly changing marketplace with our <strong>Cheat Code for Growth Report<\/strong><\/span><strong>!&nbsp;<\/strong>The report is <a href=\"https:\/\/aquent.co.uk\/go\/AlizaSweiry#email\">available on request<\/a>, but you can check out some of the findings below:<\/span><\/p>\n<h2>Digital Becomes Do or Die<\/h2>\n<p><span style=\"font-weight: 400;\">For months now as many offices were temporarily shuttered and employees forced to be fully remote, companies have had to rethink success. While <\/span><i><span style=\"font-weight: 400;\">Forbes<\/span><\/i><span style=\"font-weight: 400;\"> estimates that <\/span><a href=\"https:\/\/www.forbes.com\/sites\/blakemorgan\/2020\/04\/05\/is-covid-19-forcing-your-digital-transformation-12-steps-to-move-faster\/#4f58ee5d617b\"><span style=\"font-weight: 400;\">70% of companies<\/span><\/a><span style=\"font-weight: 400;\"> already had a digital transformation in the works, the pandemic definitely sped things up. Enterprise cloud company Box CEO Aaron Levie puts it this way, &ldquo;<\/span><span style=\"font-weight: 400;\">The industries that have resisted going digital&mdash;healthcare, banking, legal, retail, government&mdash;<\/span><a href=\"https:\/\/www.eweek.com\/enterprise-apps\/why-digital-transformation-equals-survival-during-covid-19-era\"><span style=\"font-weight: 400;\">will do so faster this year than in the last decade combined<\/span><\/a><span style=\"font-weight: 400;\">.&rdquo;<\/span><\/p>\n<p><img decoding=\"async\" src=\"\/blog\/img\/uk\/vt-blog-cheatcode-callout1-v2.png?language_id=1\" alt=\"vt-blog-cheatcode-callout1-v2\" \/><\/p>\n<h2>CX to the Nth Degree<\/h2>\n<p><span style=\"font-weight: 400;\">We saw this transformation as doctors&rsquo; offices became virtual, retailers jumped to online fulfilment, and restaurants became takeout experts, partnering with food delivery services. Across all industries, companies need to evolve for all these new digital customers. In fact, 81% of the most senior executives we surveyed bank on customer experience for overall company growth. Veteran Silicon Valley entrepreneur Richard Yanowitch says, &ldquo;<\/span><span style=\"font-weight: 400;\">In the worst of times, companies become <\/span><i><span style=\"font-weight: 400;\">transactional<\/span><\/i><span style=\"font-weight: 400;\">. The best brands, however, remain <\/span><i><span style=\"font-weight: 400;\">relational<\/span><\/i><span style=\"font-weight: 400;\">; they <\/span><a href=\"https:\/\/www.marketingprofs.com\/articles\/2020\/42985\/digital-transformation-during-covid-19-how-can-marketers-lead-the-way\"><span style=\"font-weight: 400;\">build customer relationships for the long haul<\/span><\/a><span style=\"font-weight: 400;\">&mdash;where the greatest lifetime value resides.&rdquo;<\/span><\/p>\n<p><img decoding=\"async\" src=\"\/blog\/img\/uk\/vt-blog-cheatcode-callout2-v2.png?language_id=1\" alt=\"vt-blog-cheatcode-callout2-v2\" \/><\/p>\n<h2>Talent Equals Success<\/h2>\n<p><span style=\"font-weight: 400;\">One thing that&rsquo;s clear from our <\/span><span style=\"font-weight: 400;\">report<\/span><span style=\"font-weight: 400;\">, is that having <\/span><a href=\"https:\/\/vitamintalent.com\/blog\/redeploy-retool-realign-leaders-adapt-to-survive-the-the-new-normal\"><span style=\"font-weight: 400;\">the right talent is nonnegotiable when it comes to a business&rsquo;s success<\/span><\/a><span style=\"font-weight: 400;\">. The most obvious are the CX roles as they are the face of the company in this digital transformation. Just as important are the UX, service design, and brand and digital marketing folks. These high-growth roles are also major in how customers interact with an organisation. The executives we talked to say <\/span><span style=\"font-weight: 400;\">filling these roles is challenging<\/span><span style=\"font-weight: 400;\"> and they are seeking solutions.<\/span><\/p>\n<p><img decoding=\"async\" src=\"\/blog\/img\/uk\/vt-blog-cheatcode-callout3-v2.png?language_id=1\" alt=\"vt-blog-cheatcode-callout3-v2\" \/><\/p>\n<h2><b><br \/><\/b>Culture Matters<\/h2>\n<p><span style=\"font-weight: 400;\">What can help companies&nbsp;secure (and keep) the right talent, then? Culture has always been a biggie and it&rsquo;s gotten bigger lately. <\/span><span style=\"font-weight: 400;\">The reason, according to Ph.D. sociologist Tracy Brower is that &ldquo;the decisions your company has made&mdash;and will continue to make in the coming weeks and months&mdash;are a <\/span><a href=\"https:\/\/www.forbes.com\/sites\/tracybrower\/2020\/05\/25\/how-to-sustain-and-strengthen-company-culture-through-the-coronavirus-pandemic\/\"><span style=\"font-weight: 400;\">window into your culture<\/span><\/a><span style=\"font-weight: 400;\">. They send strong messages about your character, they attract employees and customers and they are irreplicable for competitors.&rdquo;<\/span> <span style=\"font-weight: 400;\">Check out our report<\/span><span style=\"font-weight: 400;\"> where we dig into what constitutes a positive culture.<\/span><\/p>\n<p><strong><\/strong><\/p>\n<p><strong>There's some really interesting things happening right now, so find out everything we learned from our 300+ executives&mdash;contact us to&nbsp;<a href=\"https:\/\/aquent.co.uk\/go\/AlizaSweiry#email\">request a copy of the report<\/a> today!<\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><strong>____<\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p>This blog was originally posted on our partner site <a href=\"https:\/\/vitamintalent.com\/\">VitaminTalent<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The results of a survey with eConsultancy, into how companies are keeping pace with the rapidly changing demands of newly acquired digital customers.<\/p>\n","protected":false},"author":2,"featured_media":17301,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[852],"capabilities":[],"class_list":["post-17159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-trends"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"The results of a survey with eConsultancy, into how companies are keeping pace with the rapidly changing demands of newly acquired digital customers.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Caleb Smith\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/aquent.com\/en-gb\/blog\/how-to-keep-pace-with-a-rapidly-changing-marketplace\" \/>\n\t\t<meta 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