marketing accountability: the year ahead · marketing accountability standards board of the...

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Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace MASB President and CEO February 2019 San Diego

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Page 1: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

Marketing Accountability Standards Boardof the Marketing Accountability Foundation

Marketing Accountability:

The Year Ahead

Tony Pace

MASB President and CEO

February 2019

San Diego

Page 2: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 2

Two Important Questions

◼ Where do we stand with Marketing Accountability in

Q1 of 2019?

◼ How can we broaden the conversation and have

more impact?

Page 3: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 3

Recent Milestones

Page 4: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 4

Recent Milestones (cont’d)

Page 5: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 5

Recent Milestones (cont’d)

Page 6: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 6

Recent Milestones (cont’d)

Page 7: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 7

Stephen Diorio Appointed MASB Fellow

Recent Milestones (cont’d)

Page 8: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 8

Recent Milestones (cont’d)

Page 9: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 9

Recent Milestones (cont’d)

Page 10: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 10

2019 Opportunities

◼ Enhanced Direction on ISO 20671

◼ TC 289 WG 2 will convene in April

Page 11: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 11

2019 Opportunities

◼ U.S. Will host annual Plenary of TC 289 in New York

Monday afternoon opportunity for interaction with interested parties with knowledge to share

Page 12: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 12

2019 Opportunities

◼ Forbes-MASB Collaboration

◼ Marketing Accountability Journal

◼ Editorial calendar of beige papers

◼ Forbes-MASB events

◼ NYC

◼ Multiple locations

◼ Range from small gatherings to full event agenda

Page 13: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 13

2019 Opportunities

◼ Engage other stakeholders

◼ Accountant oversight groups have avoided

engagement

◼ Private equity interest piqued but not yet engaged

◼ Analysts similarly interested but haven’t asked the

brand value question...can we seed it with further

ISO 20671 communication

Page 14: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 14

2019 Opportunities

◼ Getting Brands On Board

◼ Fear of unknown (FOU)

◼ Fear of yet another scorecard (FOYAS)

◼ Fear of being discovered (FOBD)

Page 15: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

©2019 MASB 15

2019 Opportunities

◼ Digital Marketing Accountability assessment and

recommendations

◼ Identify other important topics and create teams to

assess (Emerging Issues Team leads)

Page 16: Marketing Accountability: The Year Ahead · Marketing Accountability Standards Board of the Marketing Accountability Foundation Marketing Accountability: The Year Ahead Tony Pace

Marketing Accountability Standards Boardof the Marketing Accountability Foundation

Thank-you!