Does your organization need a CDO?

Point B Business Intelligence & Analytics Leader

Community Roundtable August 15, 2013

Mario Faria

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Land of Confusion

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Who owns the Data inside an

organization ?

Data Science

The process of taking raw data, producing information from data,

and using this information to guide actions that will bring

financial benefits to the business

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The Dictatorship of Data – Robert McNamara

Big data will be a foundation for improving

the drugs we take, the way we learn, and the

actions of individuals. However, the risk is

that its extraordinary powers may lure us to

commit the sin of McNamara: to become so

fixated on the data, and so obsessed with

the power and promise it offers, that we fail

to appreciate its inherent ability to mislead.

http://www.technologyreview.com/news/514591/the-

dictatorship-of-data/

Enabling Culture Change and Becoming

a Data Driven Organization

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The 3 Architectures a Company needs

to succeed

Business

Architecture

Technology

Architecture

Data

Architecture

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The Data Value Chain

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Foundations of the Data team

responsibilities

• Data Strategy

• Data Analytics

• Data Insights

• Data Architecture

• Data Governance

• Data Quality

• Data Acquisitions

• Data Operations

• Data Policies

• Data Security

• Data Protection

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The role of a Chief Data Officer or

Lead Data Scientist

A data scientist is the one

who looks for insights

The insight is operationalized

in BI/DW products, by data architects

The insight is shared

with the enterprise The CDO or Lead Data Scientist is the

executive responsible and accountable for

the data life cycle inside the organization,

managing the people involved in the data

activities, such as acquisitions, analytics,

processes, governance, quality, technology

and budget

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“Organizations are about to be

swamped with massive data

tsunamis. The Chief Data Officer

is responsible for engineering,

architecting, and delivering

organizational data success” –

Peter Aiken, PhD

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Why do you need a Chief Data Officer ?

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The Chief

Data

Officer

Role

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A Chief Data Officer

is the executive

responsible to

manage these areas

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At the end, on Big Data, a CDO and the

team should

• Support the data initiatives, using the assets from

different sources, with quality as a requirement

• Drive business insights, so the users can act

promptly

• Execute his/her tasks fast, in real-time if possible

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The mind set of the Data Leader

• Handle data management is not a project,

but as an evolving process

• He/she is there to break the data silos

inside business

• Know to move from products to platforms

• Able to accelerate revenue by creating new

business models and offers

• Speed up cycle time

• Work together with customers (internal or

external)

• Create an agile and lean organization

What does it

take to make your

company succeed in

this data journey ?

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Much more than hard skills

• The hard skills: data knowledge, technical

expertise and process mentality

• Communication is key for a data leader to

succeed

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Major points on how to structure

a data governance program

• Upper management buying and support

• Do not reinvent the wheel : use and abuse of

best practices that already exist

• Communicate always and be transparent

• Quick wins

And …

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The critical path to success :

Finding the right people

• With cloud computing, technology has become a

commodity

• Data is everywhere

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Hire the best and most eager

resources you can find in the market

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Thank you

Mario Faria Chief Data Officer and Data Strategy Advisor

http://www.linkedin.com/in/mariofaria/

Founder of the Digital Mad Men

www.slideshare.com/fariamario

Twitter : @mariofaria

fariamario@hotmail.com

+1 (425) 628-3517