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The Journey and Origins of the Chief Analytics Officer

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Post on 16-Jan-2017

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The Journey and Origins of the Chief Analytics Officer

What is a Chief Analytics Officer?

Analysis ROI Decision

It’s a fairly new role

Why now?

Introduction of big data and data science

Mentioned in strategic growth plans

Fears of disruption

125 Billion

Every industry vertical including nonprofits

New paradigm for the use of data

Three exciting characteristics

Laboratory of human behavior

Data science and big data unlock the science of how we decide

Scope for decisions changes

Mike Bugembe

How do we extract value?

Coding/ Development

Data Modelling

Machine Learning Statistics/

Mathematics

Intellectual Curiosity

Problem Solving Creativity

Communication

Visualisation

A multidisciplinary team

Most of your team are introverts

CAO TODAY

Intellectual curiosity

How analytically mature is the organisation

“Maturity” describes how deeply and effectively your organization uses tools, people, processes and strategy to manage and analyse data for the purpose of

informing business decisions.

CAO TODAY

Pause and reflect on this changing landscape

CAO TODAY

CAO TODAY

“Today the power of data and analytics is profoundly altering the business landscape. Without extra executive muscle, getting value from and taming this momentum of data and analytics will be difficult for many organisations.”

CAO TODAY

CMO

CFO

CIO

CTO

CAO TODAY

“Today the power of data and analytics is profoundly altering the business landscape. Without extra executive muscle, getting value from and taming this momentum of data and analytics will be difficult for many organisations.”

Why not the CIO or the CTO?

Why not the Chief Data Officer?

Data Analytics

The Characteristics of for the role

CAO TODAY

The Characteristics of for the role Agile

Evangelist

Explorer

Data DNA

Analyst

Leadership

The CAO is critical for organizations that want to treat their information as an asset, capitalise and create value from it

Chief Analytics Officer