August 01, 2023

S3 | Ep 39 | What is the CDAIO and Why They are Set-Up to Fail with Allison Sagraves, Founding (former) Chief Data Officer at M&T Bank, and Board Advisor!

48 minutes

In Episode 39 of Season 3, of Driven by Data: The Podcast, Kyle Winterbottom is joined by, Allison Sagraves, Founding (former) Chief Data Officer at M&T Bank, and Board Advisor, where they discuss the role of the CDAO in the new era of AI and why they are set-up to fail, which includes;

91.9% of firms report that they have achieved some measurable value from their investments in data and analytics,
23.9% say they have created a data-driven organization
20.6% of firms report having established a data culture
Between 2012 and 2023, companies having appointed a CDO grew from just 12.0% to 82.6%
Only 35.5% of major companies report that the role is successful and well-established
Just 40.5% say that the CDAO role is well understood within their company
The three generations of CDO to CDAO and the pending CDAIO role
The functional evolution of the CDAO role
Why the goalposts keep moving for the CDAO
The need for defined success metrics
Why the Data & Analytics industry is always under construction
Why we’re too glass half empty and there’s too much focus on what we’ve not achieved
The need to quantify what value is and communicate the value we’ve achieved
The “build it and they will come” mentality
How we no longer need to sell the simple concepts of data
If you’re still having to convince people then you’ve got the wrong people in the company
Whether reporting line impacts the effectiveness of the CDAO role
The hardest thing for any CDAO to figure out is identifying what problem you actually need to solve
What’s wrong with the CDAO role as of today
What needs to happen to address those issues
Moving into the AI era as a CDAO
The skills needed to be a modern-day CDAO

Link tot he article discussed in the episode:

https://hbr.org/2023/06/why-chief-data-and-ai-officers-are-set-up-to-fail

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By Orbition Group

3.9

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August 01, 2023

S3 | Ep 39 | What is the CDAIO and Why They are Set-Up to Fail with Allison Sagraves, Founding (former) Chief Data Officer at M&T Bank, and Board Advisor!

48 minutes

91.9% of firms report that they have achieved some measurable value from their investments in data and analytics,
23.9% say they have created a data-driven organization
20.6% of firms report having established a data culture
Between 2012 and 2023, companies having appointed a CDO grew from just 12.0% to 82.6%
Only 35.5% of major companies report that the role is successful and well-established
Just 40.5% say that the CDAO role is well understood within their company
The three generations of CDO to CDAO and the pending CDAIO role
The functional evolution of the CDAO role
Why the goalposts keep moving for the CDAO
The need for defined success metrics
Why the Data & Analytics industry is always under construction
Why we’re too glass half empty and there’s too much focus on what we’ve not achieved
The need to quantify what value is and communicate the value we’ve achieved
The “build it and they will come” mentality
How we no longer need to sell the simple concepts of data
If you’re still having to convince people then you’ve got the wrong people in the company
Whether reporting line impacts the effectiveness of the CDAO role
The hardest thing for any CDAO to figure out is identifying what problem you actually need to solve
What’s wrong with the CDAO role as of today
What needs to happen to address those issues
Moving into the AI era as a CDAO
The skills needed to be a modern-day CDAO