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;

The average tenure of the CDO Tenure
The increase in organisations that believe the CDO role is established and successful over the last 2 years
The future of the CDO role
A shift from reporting into Technology
Stats behind the challenges that organisations face in becoming data-driven
Why businesses shouldn’t be making investments in data without being able to quantify the business value
What CDO’s need to do to be effective
What the most successful CDAO’s do
The gap that most organisations have between the data capabilities and the ability to use them
How the language you use demonstrates your credibility
Navigating the risks of an economic downturn
The role of lip-service in Data & Analytics
Finding the balance between innovation and ethics
Why data isn’t a substitute for human judgement
Whether it's possible to quantify value that isn’t related to financial returns
The skills businesses should look for in a CDAO
Why Data Leadership is an art, not a science
The importance of organizational readiness
Navigating reporting lines and organizational structures
Advice for aspiring CDAO’s
Why operating in the C-Suite is an additional set of skills beyond Data & Analytics

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