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Kristen Kanka

AMA: Morningstar Head of Marketing, Enterprise Solutions, Kristen Kanka on Building a Product Marketing Team


January 26, 2023 @ 9:00AM PT

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  1. What are the key traits, skills, experience you prioritize when hiring product marketers? What questions do you ask to assess it during the interview?

    Kristen Kanka
    Kristen Kanka

    Morningstar Head of Marketing, Enterprise Solutions | Formerly CaptureX, Medline Industries • 3y

    Storytelling is the biggest trait is look for. I want all of my product marketers to be able to tell stories that anyone can follow that inspire action. Everyone I interview is asked to provide a writing sample so I can see if they’ve got “it.” The next trait is problem solving: In every interview I ask the same question: Tell me about a go-to-market that failed. I don’t care so much about the “why” of the failure; I want to know how you determined it was off track, and what you did about it to ...Read More

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  2. What are the three most important metrics to measure the impact of a product marketing team?

    Kristen Kanka
    Kristen Kanka

    Morningstar Head of Marketing, Enterprise Solutions | Formerly CaptureX, Medline Industries • 3y

    Revenue - this should specificially be marketing contributed or influenced.  Retention - this is typically a percentage and the target number will be dependent on the maturity of your prodcut line. Its also possible to see this target exceed 100% if you are increasing your price on your product or if you are focused on upsell / account expansion based on your marketing strategy.  Net promoter score - or any other key indicator of cusotmer satisfaction. If all three of these things are positive, ...Read More

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  3. What have been your biggest learnings on scaling a business globally?

    Kristen Kanka
    Kristen Kanka

    Morningstar Head of Marketing, Enterprise Solutions | Formerly CaptureX, Medline Industries • 3y

    The most important thing is understanding that regions work at different paces—the rate of acceleration between role types and career progression. And it’s also important to understand the hierarchies of every region: While it might be OK in the US, for example, to get direct answers from team members of every level, when you work with teams overseas, sometimes it’s best to start with the leadership. And small gestures can go a long way toward building international teams—international-friendly ...Read More

    896 Views
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  4. What are the biggest challenges in growing and scaling a team? What were your biggest obstacles and how did you overcome them?

    Kristen Kanka
    Kristen Kanka

    Morningstar Head of Marketing, Enterprise Solutions | Formerly CaptureX, Medline Industries • 3y

    The biggest challenge for me is scaling my management style as the team has grown. It’s not easy! I want to be a manager who’s responsive to the needs of my direct reports, wherever they are on their career journey. More-tenured people need a sounding board, and reassurance in their plans, whereas less-tenured people might crave more instruction. I love balancing that and helping them set the groundwork for the next stage of their careers. For managers that also means that the bigger your team g ...Read More

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  5. When building a team, how would you ideally split responsibilities? By product line? By PMM function (CI, enablement, GTM, etc)?

    Kristen Kanka
    Kristen Kanka

    Morningstar Head of Marketing, Enterprise Solutions | Formerly CaptureX, Medline Industries • 3y

    I love this question – and I am going to take a different approach to my answer here. One of the things I think product marketers can struggle with is responsibility versus authority. To be effective in their role, product marketers must be highly collaborative, lead and influence people who don’t report to them, and engage a wide group of stakeholders – especially for large go-to-market moments. I like to structure my teams to give product marketers the most autonomy possible, so they can have ...Read More

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    1 request
  6. I've seen more work going into smaller regions that may not yield a high ROI (more enablement material, training is required w/ the smaller regions). Any recommendations on how a team can use their resources and time wisely when covering a global market while ensuring that each of the regions feel supported.

    Kristen Kanka
    Kristen Kanka

    Morningstar Head of Marketing, Enterprise Solutions | Formerly CaptureX, Medline Industries • 3y

    I talked above about regional nuances, and how understanding those aspects of a region are crucial, but that doesn’t mean a huge shift in strategy is needed for every region. I think that if you build a strategy made from a modular set of parts, you can then deploy those parts across regions without the overhead of creating each piece from scratch.

    394 Views
    1 request