Strategic insights for chief communications officers to optimize budget efficiency
Strategic insights for chief communications officers to optimize budget efficiency
Communications leaders often face budget constraints that hinder their ability to adapt to a rapidly changing business landscape.
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Effectively managing communications budget is vital for Chief Communications Officers (CCOs) aiming to drive impactful results. On one hand, larger organizations anticipate budget growth, while budgets at smaller organizations face stagnant or decreasing budgets, raising concerns about their ability to resource critical work needed to prepare their functions for the future.
CCOs must navigate the complexities of communications budgets, ensuring their strategies are aligned with industry trends and organizational objectives. The Gartner budget benchmarks enable CCOs to compare communications budgets against peers, pressure-test their resourcing decisions and advocate for increased funding with executives.
A communications budget is the allocation of financial resources dedicated to an organization's internal and external communication efforts, to achieve strategic goals.
Chief communications officers can use the Gartner 2025 Communications Budget Benchmarks to compare with industry standards, assess resourcing decisions, and advocate for necessary funding to align with strategic objectives.