Time magazine recently published an article titled The Robot Economy which highlights the types of jobs that will flourish (and which won't) as automation expands. Time says, "If your job involves learning a set of logical rules or a statistical model that you apply task after task – whether you are grilling a hamburger or issuing a boarding pass or completing a tax return – you are ripe for replacement by a robot."Marketing automation is one of the fastest growing sectors of the technology industry, growing at 11.8% in 2012 according to the IDC 2012 Worldwide Marketing Automation Vendor Share Report. Most marketers would agree that marketing automation drives gains for their companies - improved customer engagement, greater marketing accountability, better pipeline management, etc. But is it good for marketing people? The jury is out on whether automation is reducing marketing headcount. On the precipice of the 2008 downturn, the IDC Tech Marketing Benchmark showed a decline in marketing headcount as a percentage of total employees to approximately 1.5% and the number has sat roughly at that level for the last few years.
Winners and Losers in Marketing Jobs? Nate Silver's book, The Signal and the Noise, is about making better decisions using analytics. In a chapter about chess, Silver summarizes a 1950 paper by MIT's Claude Shannon on the benefits of a computer in making decisions versus the benefits of a human. Claude Shannon said that computers are better at decision-making because:
- They are very fast at making calculations
- They won't make errors, unless the errors are encoded in the program
- They won't get lazy and fail to fully analyze a position or all possible moves
- They won't play emotionally and become overconfident in an apparent winning position that might be squandered or grow despondent in a difficult one that might be salvage
- Our minds are flexible, able to shift gears to solve a problem rather than follow a set of code
- We have the capacity for imagination
- We have the ability to reason
- We have the ability to learn
Future proof your career. To ensure you head your career in a confident direction, gain competency in the following types of marketing skills:
- Solve problems that have never been solved before: Work that is genuinely non-routine, creative, or paradoxical – such as people or customer management, strategy development, and design. However, be warned that being creative does not let you off the hook for learning to use data to inform the creative process.
- Analyze for insight: While analytic tools will do most of the heavy lifting for us, humans will give meaning to the data patterns as well as to create models, frameworks, and stories for using the analysis.
- Make unstructured decisions: Unstructured decisions are those where no explicit process for deciding can be put in place – such as an EMT (Emergency Medical Technician). Almost every category of marketing has jobs like this. Put yourself in the line of fire, where there are tough trade-offs, and information is ambiguous.
- Persuade: Automation can take over lead nurturing by listening to online data, analyzing it for behavior patterns, and responding with the most relevant selection from a content catalog. However, blending a human with automation may get you better results. A leading tech company found that although they can go straight through to purchase using automation, that adding an inside sales person to the conversation increased deal size by 3x.
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