4 years, 5 days ago

You May Not Need A CDO — But Wouldn’t You Want To Improve Your Odds Of Success?

Jennifer Belissent and I just published a report on the role of the Chief Data Officer that we’re hearing so much about these days Top Performers Appoint Chief Data Officers. To introduce the report, we sat down with our press team at Forrester to talk about the findings and about the implications for our clients.

Forrester PR: There’s a ton of fantastic data in the report around the CDO. If you had to call out the most surprising finding, what would top your list?

Gene: No question, it’s the high correlation between high-performing companies and those with CDOs. Jennifer and I both feel that strong data capabilities are critical for organizations today and that the data agenda is quite complex and in need of strong leadership. That all means that it’s quite logical to expect a correlation between strong data leadership and company performance — but given the relative newness of the CDO role, it was surprising to see firm performance so closely linked to the role.

Of course, you can’t infer cause and effect from correlation — the data could mean that execs in high-performing companies think having a CDO role is a good idea as much as it could mean CDOs are materially contributing to high performance. Either way, that single statistic should make one take a serious look at the role in organizations without clear data leadership.

And you’re right, there’s a ton of fantastic data in this report; the next most surprising finding is just the rapid adoption of the role. Forty-five percent of organizations globally is a lot, and this was a particularly broad-based survey, with more than 3,000 respondents.

Read more

6 years, 3 months ago

Winning the Information War with Mobile

Guest Post by Hemant Ramachandra We’ve all heard the saying that information is power and that’s never been truer. Today’s consumers are now often armed with more information than the sales teams that serve them. As a result, the sales force is often at a disadvantage—needing to scramble to make sure they remain relevant to their customers. Take the car buying experience as an example. One of my most vivid early memories was accompanying my […]

6 years, 8 months ago

Fantasy Football as a Metaphor for Big Data

I was at a conference last week and one of the organizers asked the crowd of about 100 CIOs if they are working on a Big Data project. Only about 10 percent raised their hands. Why is the adoption rate so low? One major barrier in the adoption of Big Data is understanding how the Big Data concepts can be applied to each corporation. As I thought about the changes made to the ways we […]

7 years, 1 month ago

SMAC: Hype or Reality?

Have you heard the latest technology acronym that is revving up business executives? Vendors claim that SMAC – Social, Mobility, Analytics and Cloud – is the quadruple mix of technological elements that will rescue businesses from potential irrelevancy. If executives fall for the SMAC hype, they could end up smacking themselves in the forehead with regret. I read an article recently about how the Indian IT industry is shifting to take advantage of the SMAC […]

If you liked this, you might also like:

  1. Business Innovation or IT Innovation?
  2. 5 Roles for IT Innovators
  3. Stop the Web 2.0 Flood
7 years, 4 months ago

The Value of Visualization

Recently I was discussing a history project with my son.  He was writing a paper about the inconsistencies in access to clean water in all parts of the world and their causes.  In researching the history of urban water access, he came across the story of the outbreak of cholera in the mid-1800′s in London and the impact it had on modern medicine. A young doctor, John Snow, proposed that cholera was carried in contaminated food […]

If you liked this, you might also like:

  1. The Era of Security Breaches
8 years, 3 months ago

The Era of Security Breaches

Print PDF Guest post by Gary Loveland and Nalneesh Gaur It seems like today’s organized data criminals have re-doubled their efforts to get their hands onto your customer’s data, and into their wallets. A full 85% of all data-related security breaches today are masterminded by organized crime, according to a 2010 Verizon Data Breach research report. These criminals are using anything and everything to spy out opportunity and penetrate defenses: from viruses and malware and […]

If you liked this, you might also like:

  1. 4 Considerations When Shopping the Google Apps Marketplace
  2. How to Make Decision Making More Adaptable with Layers
  3. Using Data Analysis to Predict the Future
8 years, 4 months ago

Using Data Analysis to Predict the Future

Print PDF Guest post by Zach Sachen Your ability to predict the future is relative to the knowledge you have and what you do with it when compared to your competitors. If competitors do not have access to the same knowledge at the same time as you, to them you are essentially predicting the future. For example, if you know before your competitors that a consumer trend is emerging, and you act on it, you […]

If you liked this, you might also like:

  1. How to Make Decision Making More Adaptable with Layers
  2. Laying the Pavement for the Future-State CIO Journey
  3. Social Media Monitoring and Analysis
8 years, 8 months ago

How to Make Decision Making More Adaptable with Layers

Co-authored with John Sviokla Never before has such a mass of data existed. Needless to say, all this information complicates the decision-making process. Businesses need new strategies to answer the biggest question: How do we effectively sift through the mountain of information to gain valuable insights. Layers is a term we use for visual information systems that combine publicly available and company-owned tools to present relevant and contextual information—in a format that starts with the […]

If you liked this, you might also like:

  1. Does Your Business Have a Decision Making Model?
  2. 5 Reasons Consumer Innovations Outpace the Enterprise
  3. Are Agile and CMMI Compatible?