Published: 06 September 2023
The success of D&A initiatives often hinges on gaining support from board members and stakeholders. This research explains how chief data and analytics officers can both tie initiatives to concrete business-oriented metrics and show how those initiatives support stakeholder goals and objectives.
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Data and analytics (D&A), including GenAI, (generative AI) is receiving more attention from executive leadership teams, but D&A is often still perceived as a supporting technology rather than a critical business enabler.
Board meetings require significant preparation, not just a business case. Board presentations can be complex, with potentially conflicting requirements, hidden politics and competing priorities.
Facts, clarity, examples and effective storytelling are key elements for gaining the board’s attention.
D&A initiatives have specific challenges that require board education and input on, among other things, monetization, privacy regulations, risk and ethical use of data.
To engage stakeholders and align expectations, CDAOs
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