The role of chief data officer (CDO) has existed for over two decades, but despite its establishment as a C-suite staple, the position still suffers from a lack of clear definition and understanding within organizations.
A significant majority (73%) of CDOs feel their role is poorly understood compared to other C-level executives, stemming primarily from the absence of standardized responsibilities across indonesia rcs data different organizations. As a result, the CDO’s duties can vary widely, creating confusion about their exact scope of work and value within the corporate structure. To help combat these challenges, organizations can proactively clarify and promote the role’s key functions and strategic value.
The Essential CDO Playbook
When you boil it down to the basics, the CDO is a data steward responsible for ensuring the business can leverage data to drive growth. However, the specifics of the role are more ambiguous than most other C-level positions. For example, one report found that there are significant inconsistencies regarding to whom the CDO should report. About a quarter report to the CEO, 12% to the CFO, and 14% to another executive. Priorities range as well.