The CMO isn’t dead. Wasteful marketing is. As companies demand CFO-level discipline from marketing leaders, oversized agency models are running out of places to hide.

Advertising did exactly what it was supposed to do: create demand. Then the product sold out before the official launch, forcing the campaign to stop. Here's why "out of stock" isn't a marketing victory — it's often a sign that your growth system wasn't ready for success.

Legacy brands are losing household penetration even inside growing categories. From spirits and restaurants to automotive, grocery, and politics, new MRI-Simmons data reveals a deeper shift underway: consumers increasingly reward brands and institutions that feel culturally relevant, emotionally meaningful, identity-aligned, and future-facing. The warning signs often appear long before revenue decline becomes obvious.