Featuring Randy Bean, CEO and managing partner of consultancy NewVantage Partners and co-author of the recent HBR article, “Are You Asking Too Much of Your Chief Data Officer?”
Since the first chief data officer (CDO) was appointed at Capital One in 2002, the role has been plagued by confusion about its purpose.
Initially, when most CDOs were in large financial institutions, their most common roles were defense-oriented, involving data security, privacy, quality, and regulatory compliance. More recently, companies have also increasingly expected CDOs to be offense-oriented, focused on revenue, marketing, customer service, and better decision making. But most organizations do not clearly define the role of their CDO and expect far too much from this position.
So, what is the purpose of a company’s chief data officer?
Randy Bean will discuss the purpose and jobs of CDOs. He will share insights into:
- The increase in the prevalence of the CDO role
- Confusion over the responsibilities of CDOs
- The seven distinct jobs of CDOs, including both offense- and defense-oriented jobs – like chief analytics officer, data entrepreneur, data governor, and more
If your organization has a chief data officer or is contemplating establishing this position, watch this webinar to learn how to best structure this role to meet all of your organization’s essential data-related needs.