Ask any CEO if they want to better leverage their data assets to drive growth, revenues, and productivity, their answer will most likely be “yes, of course.” Ask many of them what that means or how they will do it and their answers will be as disparate as most enterprise’s data strategies. To successfully control, utilize, analyze, and store the vast amounts of data flowing through organization’s today, an enterprise-wide approach is necessary. The Chief Data Officer (CDO) is the newest member of the executive suite in many organizations worldwide. Their task is to develop and implement the strategies needed to harness the value of an enterprise’s data, while working alongside the CEO, CIO, CTO, and other executives. They are the vital “data” bridge between business and IT.
This research paper focuses on an analysis of a number of interviews with currently sitting CDOs in major corporations, along with a 2014 DATAVERSITY survey titled “The Role of the Chief Data Officer.” Some of the many questions this paper asks and seeks to provide answers for include: