S3 | Ep 6 | The Struggles of the Chief Data Officer with Randy Bean, Founder, NewVantage Partners (A Wavestone Company)

<p>In Episode 6 of Season 3, of Driven By Data: The Podcast, Kyle Winterbottom is joined by Randy Bean, Founder of NewVantage Partners (A Wavestone Company), where they discuss the struggles of the Chief Data Officer, which includes;</p><ul><li>The average tenure of the CDO Tenure</li><li>The increase in organisations that believe the CDO role is established and successful over the last 2 years </li><li>The future of the CDO role </li><li>A shift from reporting into Technology </li><li>Stats behind the challenges that organisations face in becoming data-driven</li><li>Why businesses shouldn’t be making investments in data without being able to quantify the business value </li><li>What CDO’s need to do to be effective </li><li>What the most successful CDAO’s do </li><li>The gap that most organisations have between the data capabilities and the ability to use them </li><li>How the language you use demonstrates your credibility </li><li>Navigating the risks of an economic downturn </li><li>The role of lip-service in Data &amp; Analytics </li><li>Finding the balance between innovation and ethics </li><li>Why data isn’t a substitute for human judgement </li><li>Whether it's possible to quantify value that isn’t related to financial returns </li><li>The skills businesses should look for in a CDAO</li><li>Why Data Leadership is an art, not a science </li><li>The importance of organizational readiness </li><li>Navigating reporting lines and organizational structures </li><li>Advice for aspiring CDAO’s</li><li>Why operating in the C-Suite is an additional set of skills beyond Data &amp; Analytics</li></ul><br/>