Thoughts from the Forbes CEO Summit
Posted by Rishad Tobaccowala | November 10, 2009
Recently, I had the opportunity to join in a conversation with top marketing executives from companies such as Bank of America, Dell, Hewlett-Packard, Mercedes-Benz USA and Xerox at the 5th annual Forbes CMO Summit in Palm Beach, FL. The topic of discussion was “Preparing for Growth,” and how companies can work to rebuild their brands and boost sales as the economy begins to stabilize and grow.
I broke my presentation into 4 parts: Observations, Predictions, Challenges, and Suggestions. I’ve outlined them below.


Generally, Hollywood is one of the first to latch onto whatever the latest trend becomes in marketing and technology. Trailers helped pave the way for online video. Studios were amongst the first to push the boundaries of mobile. TV shows embraced online communities and blogs well before most. But they seem to be lagging in one crucial new trend – transparency. Big brands have slowly started to open up. Even the new government is on board. But Tinseltown seems more reluctant than anyone to embrace the idea beyond a few behind the scenes features and a gag reel on the DVD.


