Home

Is the Chief Data Officer (CDO) role the same from company to company?

I see the role as a conduit for data regulations. But I've talked to CDOs in other organizations, and the CDO role is different in different companies. In some places it's mostly data stewardship; in other companies, it's mostly data governance and policy stuff. In some cases it's just the role that works with analytics and comes up with analytics products to figure how to monetize the data.  I was fortunate enough to have previously worked at a mid-size bank. It was big enough to have regulatory oversight and we had enough customers and money to make those aspects important; but it was small enough that they didn't have the luxury of having someone do the data function role across verticals. We had people in marketing that did analytics, but I had to be the conduit across all of these different areas. So in that context, my role was about bringing those things together, which meant I had to understand what InfoSec’s concerns were while also understanding what marketing’s strategy was, what they were trying to do, and how I could enable them. Oftentimes, InfoSec folks just want to say, “Stop marketing. They can't do that.” That’s when the CDO has to explain that if we don't market, we're not going to get new customers, or more products out of the customers we have — that’s the challenge. The core of what a CDO does is about helping people leverage the data that the business has in a safe way.

24 views
1 comments
0 upvotes
Related Tags
Anonymous Author
I see the role as a conduit for data regulations. But I've talked to CDOs in other organizations, and the CDO role is different in different companies. In some places it's mostly data stewardship; in other companies, it's mostly data governance and policy stuff. In some cases it's just the role that works with analytics and comes up with analytics products to figure how to monetize the data.  I was fortunate enough to have previously worked at a mid-size bank. It was big enough to have regulatory oversight and we had enough customers and money to make those aspects important; but it was small enough that they didn't have the luxury of having someone do the data function role across verticals. We had people in marketing that did analytics, but I had to be the conduit across all of these different areas. So in that context, my role was about bringing those things together, which meant I had to understand what InfoSec’s concerns were while also understanding what marketing’s strategy was, what they were trying to do, and how I could enable them. Oftentimes, InfoSec folks just want to say, “Stop marketing. They can't do that.” That’s when the CDO has to explain that if we don't market, we're not going to get new customers, or more products out of the customers we have — that’s the challenge. The core of what a CDO does is about helping people leverage the data that the business has in a safe way.
0 upvotes