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Short-termism hits marketing morale

by Christian Doherty

12 Feb 2009

Eighty one per cent of marketing staff questioned by the Professional Marketers Forum reported increased pressure, with 22.5% saying they were looking for a new job.

Common sources of stress were delivering projects, dealing with partners and team management.

‘Hard work and loyalty no longer mean anything in today’s economic climate,’ said one respondent. ‘The equity partners are only looking at the business short term and in the need to reduce costs are decimating their marketing team as an unjustified cost.’

Other complaints included a lack of understanding of the role of marketing and budget cuts.

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