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Data management, well-led by the CDO, should be a profit center for the enterprise, or in the case of a Federal agency, a means to avoiding costs and increasing productivity.Success looks like: Because the Chief Data Officer role is a newly emerging position in the enterprise, there is flexibility on how to execute for success.
The Chief Data Officer is the role primarily responsible for operationalizing that vision.
In essence, managing data as an asset means improving links between silo-ed databases and data stores; making information/data easier to find on-line, making it easier for analysts and policy makers to quickly access and transform data into the new formats and knowledge.
One viable path for executing on the vision is for the CDO, depending the structure of IT going forward, to assume direct supervisory responsibility over all DBA-related assets and manage the entirety of “data operation” as single unit.
Such a structure would benefit the development of the management of data at the operational role.
The principle benefit of this direction is ensuring data value is increased and cost decreased at the IT operational level.
The risk of this direction is the day-to-day custodial activities limiting time spent on more speculative and strategic development of data assets.
It means lowering the cost of consuming and using data because we keep having more data to manage.
The Chief Data officer’s role is part data strategist and adviser, part steward for improving data quality, part evangelist for data sharing, part technologist, and part developer of new data products.
The Chief Data Officer role is a newly emerging position in the enterprise.