Chief data officers are becoming key parts of the C-suite. Here are 3 things aspiring CDOs should be doing right now to prepare for the complex role.
The role comes with aof figuring out what data an organization has, how it can be used to save money or launch new offerings, and the legal and regulatory issues surrounding that. This means businesses are increasingly looking for data chiefs with diverse experience in technical issues like data science, as well as commercial knowledge, including how to interact with customers and develop new products.in April.
Luber shared the three traits prospective CDOs should begin to develop if they hope to assume the role.The job of data chief is complex, and the purview often expands well beyond the core team. "I had all these pieces that were coming together for exactly what's expected," Luber said. "I don't know how I would perform in my role without having a balance of experience between the technical and commercial."
"We did not have that muscle fully developed because we were so internally focused historically," he said.It's estimated that companies will spend as much as. That job of understanding the organization's data repositories and figuring out ways to use it often falls to the chief data officer.But as data-driven efforts become more widespread across an organization, it presents new challenges for management.
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