A Chief Data Officer (CDO) is a senior executive responsible for managing an organization's data strategy and governance. This role involves overseeing data collection, storage, and analysis to ensure that data is used effectively to support business goals. The CDO also ensures compliance with data regulations and promotes data-driven decision-making across the organization.
In addition to managing data, the CDO collaborates with other executives, such as the Chief Information Officer (CIO) and Chief Technology Officer (CTO), to align data initiatives with overall business strategies. The CDO plays a crucial role in fostering a data-centric culture within the organization, enhancing its competitive advantage.