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!

<p>In Episode 39 of Season 3, of&nbsp;Driven by Data: The Podcast, Kyle Winterbottom is joined by, Allison Sagraves, Founding (former) Chief Data Officer at M&amp;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;</p><ul><li>91.9% of firms report that they have achieved some measurable value from their investments in data and analytics,</li><li>23.9% say they have created a data-driven organization</li><li>20.6% of firms report having established a data culture</li><li>Between 2012 and 2023, companies having appointed a CDO grew from just 12.0% to 82.6%</li><li>Only 35.5% of major companies report that the role is successful and well-established </li><li>Just 40.5% say that the CDAO role is well understood within their company</li><li>The three generations of CDO to CDAO and the pending CDAIO role</li><li>The functional evolution of the CDAO role</li><li>Why the goalposts keep moving for the CDAO</li><li>The need for defined success metrics </li><li>Why the Data &amp; Analytics industry is always under construction </li><li>Why we’re too glass half empty and there’s too much focus on what we’ve not achieved &nbsp;</li><li>The need to quantify what value is and communicate the value we’ve achieved </li><li>The “build it and they will come” mentality </li><li>How we no longer need to sell the simple concepts of data</li><li>If you’re still having to convince people then you’ve got the wrong people in the company</li><li>Whether reporting line impacts the effectiveness of the CDAO role </li><li>The hardest thing for any CDAO to figure out is identifying what problem you actually need to solve </li><li>What’s wrong with the CDAO role as of today</li><li>What needs to happen to address those issues</li><li>Moving into the AI era as a CDAO </li><li>The skills needed to be a modern-day CDAO</li></ul><br/><p>Link tot he article discussed in the episode: </p><p>https://hbr.org/2023/06/why-chief-data-and-ai-officers-are-set-up-to-fail</p>