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Friday, October 24, 2014

On the Role of the Chief Data Officer

Excellent piece here. Have worked in the area of regulatory compliance.  Here the idea is to consider the more formal roles involved to address this problem systematically over time.

" ... In today’s world, it is becoming increasingly difficult to manage and control the terabytes of data embedded within different parts of an organisation.  The evolution of the “data lake” into the “data ocean” has resulted in the necessity for companies to assign a custodian representing key stakeholders’ interests.  A perennial hot topic is the role of the chief data officer (CDO); according to Gartner, 25% of major global organisations will have appointed a chief data officer by the end of next year (Gartner, 2014)[1].

This article aims to discuss the topic of the CDO and in particular, data governance; what characteristics are required by the person entrusted to harness data and protect stakeholder interests in an organisation? Does the seniority of this person warrant a title at C-level to be truly effective?  Time to look at these points in more detail. ... " 

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