Becoming a data-driven organization
AA: For organizations that are beginning their journey into becoming data-driven, going down the path of building analytics maturity, and using data to truly drive their decision-making process, what do you think are some of the key things they should do?
MR: I mentor many young people entering the data discipline, and I’ve noticed that the role of CDO is still a relatively new position. Often, individuals in this role come from technical, CIO, or governance backgrounds, particularly in industries such as banking and finance, where data protection, standards, and compliance are required by regulators.
When it comes to strategically valuing data within an organization, it’s crucial to understand its role in the business.
Data is like oxygen, essential for survival but not owned by anyone. It’s critical and ubiquitous. The CDO’s role is to ensure that the best quality data is accessible to all, much like oxygen...