What CEOs want from CDOs and how to deliver on it

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Cortnie Abercrombie Emerging Roles Leader, IBM @cortnie_cdo, #ibmcdo [email protected] What CEOs want from CDOs and how to deliver on it

Transcript of What CEOs want from CDOs and how to deliver on it

Page 1: What CEOs want from CDOs and how to deliver on it

Cortnie Abercrombie

Emerging Roles Leader, IBM

@cortnie_cdo, #ibmcdo

[email protected]

What CEOs

want from CDOs and how to deliver on it

Page 2: What CEOs want from CDOs and how to deliver on it

© 2016 IBM

What do CEOs want?

March

20162

Data Governance

Perfectly clean data

that everyone is using

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© 2016 IBM

CEOs want innovation

March

20163

Seek new

revenue models

Be first

to market

Embrace

Agility

Explore new

delivery channels

Experiment somewhat

or extensively

Source: “Redefining Competition – The CEO perspective”, IBM Institute for Business Value, December 2015,

http://www-935.ibm.com/services/c-suite/study/studies/ceo-study/; *Torchbearers are innovators and financial outperformers.

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© 2016 IBM

Cognitive

Computing

User-based

Mobile Solutions

CEOs see two technologies

as the driving force

CEOs believe these will

revolutionize business in 3 to 5 years

Source: “Redefining Competition – The CEO perspective”, IBM Institute for Business Value, December 2015,

http://www-935.ibm.com/services/c-suite/study/studies/ceo-study/; *Torchbearers are innovators and financial outperformers.

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© 2016 IBM

“The surprising game changer

While Under Armour's core strategy largely remains the same, Under

Armour CFO Brad Dickerson highlighted one key difference that enabled

the acceleration: connected fitness.”

http://www.fool.com/investing/general/2015/10/17/the-surprising-way-under-armour-plans-to-double-re.aspx

Here’s an example ripped straight from headlines

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© 2016 IBM

Five pre-requisites for innovation

from CEOs & CDOs

1. CEO-down: clear goals, ongoing support, resources

2. Bottom-up: innovative ideas and engagement from

business SMEs

3. Fast fail culture (facilitated)

4. Agile, design-thinking teams:

IT + LOB + Data Science + App Dev

5. Data science teams

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© 2016 IBM

CDO journey to innovationibm.biz/CDOLookBook

Raw data exploration

Analytics discovery

Value-added data

Understand

Improve: Efficiency/cost

Grow: Customers/Sales

Business models

Customer experiences

Product development

Market

innovator

Data

integratorBusiness

optimizer

Data Value Chain

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© 2016 IBM8

Understand & benchmark

Efficiency & cost reduction

Growth opportunities

New customer

experiences

Business optimizer

Value-added

data deliveryAnalytics

discovery

Raw data

exploration

New product

development

New business

models

Market Innovator

Data Integrator

Data integrator underpins all. Innovation

can start ASAP with raw data.

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© 2016 IBM

Org alignment using federated op model

CEO

Business

Units

Risk

Compliance

Operations,

Marketing,

Finance

Data

Gov.

• Data models

• Master data

• Reference

data

• Data

quality

• Data

policy

• Data

acquisition

• Comms

• Stakeholder

relations &

education

Data

Technology

Platforms

Partner

• Data scientists

• Data engineers

• Data-driven

application developers

• Visualizers / storytellers

Chief

Data

Officer

Data

Arch.

Data

Strategy

Data

Innovation

CIO

• Business

Analysts

Analytics

Enterprise

Data

Governance

Council

(Executive)

Enterprise

Data

Governance

Council

(Working)

Enterprise

Data

Governance

Stewards

Business

Stake-

holders

(Working)

Analytics

Community

Data

Comm-

unities

Chief

Digital

Officer

Mobile/

Digital

Apps

Partner

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© 2016 IBM

Where does Cognitive play in all this?

The Cognitive Pillars

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© 2016 IBM

Cognitive enables sense and respond

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Raw data exploration

Analytics discovery

Value-added data

Benchmark

Efficiency/cost

Growth opportunities

Business models

Customer experiences

Product development

Market

innovator

Data

integratorBusiness

optimizer

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© 2016 IBM12

ibm.biz/CDOlookbook

Schedule a complementary

CDO workshop or pilot

Cognitive workshops

[email protected]

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© 2016 IBM

Cognitive enables sense and respond(With samples of offerings, not an exhaustive list)

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Raw data exploration

Analytics discovery

Value-added data

Benchmark

Efficiency/cost

Growth opportunities

Business models

Customer experiences

Product development

Market

innovator

Data

integratorBusiness

optimizer

Watson Explorer

Watson Analytics

City Analytics Watson

Engagement Advisor

Watson Discovery Advisor

Watson HealthWatson Developer

Cloud