The CIO and the CDO have to work in conjunction, as a team, so it can be harmful to have one report to the other. In fact, it’s probably best to have the CDO report directly to the CEO or the COO. When updating the company org-chart, it might seem like a no-brainer to have the CDO report to the Chief Information Officer (CIO), but that is not the case. Implement proper data analytics to identify and, hopefully, reduce pain points at all stages of the business process, increasing not only profit, but also trust in the eyes of stakeholders and clients. Establish a culture within your organization that normalizes sharing this data and making informed decisions on how to improve future business outcomes. Create a data management system that facilitates the secure collection and processing of data. We’ll look at more specific tasks in a moment, but here’s a brief summary. DataOps is an emerging concept that takes a process-oriented, automated, and collaborative approach to designing, implementing, and managing data workflows and a distributed data architecture. The best CDOs are then able to justify that direction to investors and stakeholders.Ī Chief Data Officer supports good data operations, or DataOps. 
As CDO, you’re an executive that understands strategy as well as how to use data to drive a business in the desired direction. The CDO leads the utilization and governance of data across an organization. Spearheading data and information strategy.Overseeing data management, data analytics, and data governance.Originally, the role was focused on data governance and compliance, but now the CDO utilizes data to drive business outcomes.Īn integral member of the C-suite, the CDO (not to be confused with Chief Digital Officer) has many data-related functions, including: The Chief Data Officer (CDO) first appeared in the early 2000s. That’s where the Chief Data Officer (CDO) comes in. The prevalence of technology in business makes the collection of data easier than ever, but with all that data comes great responsibility. Whether data is collected from customers, clients, internal processes, financials, etc., a business can use their data to:
In the era of big data, becoming data-driven is an imperative. You’ll be hard-pressed to find a successful organization that is not data-driven in some capacity.
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