Organizations have long considered business intelligence to be an initiative largely driven by and under the jurisdiction of the CIO and the IT department. But times are changing, and to achieve meaningful business outcomes from data and analytics investments, including better collaboration across all functional areas, organizations face the need for new roles accountable for analytics success.
In recent years, a new role has emerged, dedicated to ensuring the organization’s use of data and analytics is both responsible and impactful: the chief data/analytics officer, or CDAO. In organizations that have appointed a CDAO, all decisions related to data and analytics strategy are driven by his or her office. What was historically often a part time job for the CIO, defining and executing on a BI strategy is evolving into a full-time responsibility for the CDAO, who is held accountable at the executive level and often reports directly to the CEO.
Author: Josh Parenteau