With the growth in digital business, data and analytics leaders have a more important role than ever. CDAOs help drive digital initiatives, deliver timely and relevant insights, and enable smart decision making – all critical to the business.
Data and analytics leaders also impact value creation for their organizations, which is reflected in their number one enterprise priority for the year: driving growth. To do that, they will continue to drive their businesses toward data-driven decision making with data democratization, accessibility and trust across the organization.
More than 150 CDAOs from leading companies around the world indicated their most important 2022 priorities across the business, as well as within their own functional areas.
Goals for the Business
Driving growth is the number one priority for CDAOs at the enterprise level. Improving customer experience is second, followed by digital business acceleration.
Focusing on Data Governance
CDAOs reported that their top functional priority for 2022 is data governance, followed by creating a data-driven culture. With data sharing, availability and democratization coming in third, there is a theme emerging among data and analytics leaders around how to manage and protect data while also enabling the organization to use it effectively.
Goals & Challenges
With data governance as their top priority, data and analytics leaders shared their specific goals for governance initiatives and the challenges to achieving them.
Investing in Data Governance
The focus on data governance, management and quality control are reflected in how CDAOs plan to invest their resources this year.
At Evanta, we survey our C-level communities annually to learn their top priorities, along with the challenges they face and the goals they set for the enterprise. This data is invaluable, enabling us to highlight trends, develop discussion topics and match like-minded peers based on the real-time needs of data and analytics leaders. To join the conversation, find your CDAO community.
Based on 160 CDAO responses from Evanta’s proprietary Leadership Perspective Survey, February 2022.
by CDAOs, for CDAOs
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