Tag "Tom Davenport"
From the recent, MITCDOIQ event, I have already shared the “7 reasons why the CDO is here to stay”. Today, I want to dig in on the key functions of the CDO. To do this, I will use the football analogy suggested by Tom Davenport during the event. With this analogy, Tom claimed that CDOs need... more
Big data is receiving a lot of press these days including from this author. While there continues to be constructive dialog regarding whether volume, velocity, or variety are the most important attributes of big data movement, one thing is clear. Constructed correctly, big data has the potential to transform businesses by increasing sales and operational... more
Several months ago, I was talking to some CIOs about their business problems. During these conversations, I asked them about their interest in Big Data. One sophisticated CIO recoiled almost immediately saying that he believes most vendors are really having a problem discussing “Big Data” with customers like him. It would just be so much... more
As more and more businesses become fully digitized, the instantiation of their business processes and business capabilities becomes based in software. And when businesses implement software, there are choices to be made that can impact whether these processes and capabilities become locked in time or establish themselves as a continuing basis for business differentiation. Make... more
Last month, the CEO of Deloitte said that CFOs are “the logical choice to own analytics and put them to work to serve the organization’s needs”. In my discussions with CFOs, they have expressed similar opinions. Given this, the question becomes what does a CFO need to do to be effective leader of their company’s... more