Companies seeking to hire a CDO might list the following requirements: Education: A Ph.D. in a data-related field, such as data science, computer science, management information systems, statistics or analytics, Experience: Ten or more years of experience in a senior data analytics or data science position within an organization, as well as experience in building and leading data science initiatives and advocating for analytics, Skills: Solid interpersonal and leadership skills, commensurate with a C-suite position, plus the ability to effectively communicate and collaborate with other departments in order to drive the most value from data. “One of the biggest mistakes is not understanding what it will take to succeed, in terms of expectations,” Guy Gomis, partner at the recruiting company BrainWorks, tells CIO. The modern-day CMO does not have a generic, one-size-fits-all background. This number represents a huge upswing from six years earlier, when just 12 percent of companies reported having a CDO. Now more than ever, CDOs are asked to serve as data champions and drive change, improve the value of data as a strategic asset and explore the uses of artificial intelligence, all with the aim of improving operational efficiencies and controlling costs. Be the emergent leader for data-driven business. MORE FROM BIZTECH: What does it take to tackle data privacy in the Big Data era? While the CIO or CTO oversees technology, the CDO handles the data that the company collects and stores. On average it will take you 24 years from leaving higher education to becoming CTO. A background in analytics: 63 percent of CDOs globally were in a diverse range of data and analytics roles prior to their current appointment. “Chief data officers are there to augment and enhance an existing operating model with data, and championing that and making it happen. Moreover, with the advent of data privacy legislation, such as Europe’s General Data Protection Regulation (GDPR), appointing a leader to understand and control how data is managed within an organization could be more crucial than ever. But as data becomes ever more ingrained in how companies forge a path forward, businesses have begun to set up leadership roles specific to managing data effectively and keeping data use in compliance with constantly evolving regulations. Summary The rise of the CDO role reflects increasing need for overt leadership of data-driven digital business and to champion the value of data assets. CDOs’ common work experiences and prior roles include: There are three main characteristics that will lead to success in the role. Finden Sie jetzt 110 zu besetzende Chief Data Officer Jobs auf Indeed.com, der weltweiten Nr. Explore Potential Career Paths. In this role, you may also take responsibility for data compliance. Gartner Top 3 Priorities for HR Leaders in 2021, 7 Digital Disruptions You Might Not See Coming In the Next 5 Years, Manage Risks From the U.S. Election Today, Use Zero-Based Budgeting to Rightsize Tight Budgets, Survey Analysis: The Career Path to the Chief Data Officer Role, Gartner Top 10 Strategic Technology Trends for 2018, Gartner’s Top 10 Strategic Technology Trends for 2017, Top Trends in the Gartner Hype Cycle for Emerging Technologies, 2017, Gartner Top 10 Strategic Technology Trends for 2019, Assuming executive responsibility and accountability for enterprise information assets, Working with board members and other C-level executives to establish vision and create a culture that treats data as a cross-corporate asset, Identifying and standardizing the use and governance of information in support of the overall global business strategy, Leading the organization to produce data insights that help drive strategic and tactical business opportunity, and championing a data-driven, decision-making culture. Other members of the C-suite include the Chief Executive Officer (CEO), Chief Digital Officer (CDO), and the Chief Technology Officer (CTO)--all of which are generally referred to as CXOs. Visit Some Of Our Other Technology Websites: Where Blockchain Meets the Internet of Things, Copyright © 2020 CDW LLC 200 N. Milwaukee Avenue, Vernon Hills, IL 60061. The duties of a CDO should not overlap with those of the CIO or chief privacy officer, despite some similarities in how the positions appear to function. (Image: ARTIST/iStockphoto) Interestingly, a small percentage of CDOs rose up the ranks from the IT department. Most sizeable companies will have a CDO by next … The CDO role is still new in the large majority of companies — more than 80 percent assumed the role in the last two years. Survey Analysis: The Career Path to the Chief Data Officer Role Published: 17 May 2016 ID: G00290909 Analyst(s): Mario Faria, Alan D. Duncan. by … You’ll work in 4 companies, in a total of 8 positions, for a maximum of 5 years and minimum of 1 year in any one position. Enter the chief analytics officer (CAO), also known as the chief data officer (CDO), a role that IBM has called "the new hero of analytics and big data." Financial Services Firms Face Increasingly High Rate of Cyberattacks, understand and control how data is managed within an organization, Home Depot and Chick-fil-A better understand in-store operations, perform many of the routine, tedious tasks humans don’t enjoy. The Chief Data Officer is a business leader who creates and executes data and analytics strategies to drive business value. Driving Digital Leadership: What to Expect from CDW's Tech Talk, How to Protect Businesses from Phishing, Spear-Phishing and Whaling, Ensuring compliance with data security and privacy regulations, Developing an overall data and analytics strategy, Coordinating and leading data initiatives. (Basierend auf Total Visits weltweit, Quelle: comScore) The CDO role has grown in popularity among businesses in recent years, with nearly two-thirds of firms reporting that they have a CDO, according to a 2018 survey from New Vantage Points. In addition to detailing what you can expect to do and earn in hundreds of different roles, the following articles outline the steps you should take to get a particular job. According to Gartner’s research, the CDO role is still new in the large majority of companies — more than 80 percent assumed the role in the last two years, and 60 percent of current positions were created in 2015. More big companies are investing in treating data as a core strategic asset, and they’re increasingly hiring Chief Data Officers (CDO) to help them do a better job. 3. Keep pace with the latest issues that impact business. The rise of the chief data officer (CDO) demonstrates the increasing need for overt leadership of data-driven digital business, as well as to champion the value of data assets. As the role matures and demands increase, successful CDOs will recognize the different cultural characteristics needed to highlight the business value of data. Other data, we need to know where it lives and how it’s changing. “If you look at a lot of the people who have had the title of chief data officer and chief analytics officer over the last three years, there’s a tremendous amount of turnover … It turns out that the expectation of the company and the candidates were not aligned.”. People and Careers. Leadership/Supervisory Role: The Chief Data Officer is in charge of overseeing the larger Data and Analytics department. It’s important to adopt responsibility for ensuring information-based business transformation, value creation, operational efficiency and improved risk management. 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