Compared to the previous two, the difference between CDO and CEO is clearer. CEO is an abbreviation for “Chief Executive Officer”. The CEO is literally the “top of management”, and the job of the CDO is to support the CEO’s work through digital measures. The CDO will carry out his duties with the trust of the CEO.
Why CDOs are attracting attention
CDO is a position that has been guatemala phone number data increasingly established in U.S. companies over the past decade. The main reasons behind this are as follows:
Creating services using digital technology
Since the 2000s, with the spread of the Internet and smartphones, services utilizing digital technology have been steadily expanding. Just as music and video subscription services have risen to prominence, pushing aside traditional industries, “creating new services using the latest digital technology” has become a major business success.
However, to achieve commercial success using digital technology, it is necessary to have both technical knowledge of “what is digitally possible” and a managerial perspective of “what kind of digital services do customers want?” This is why CDOs are now need as leaders who can combine both and promote digital initiatives across the entire company.
Data utilization across internal organizations
In recent years, data utilization across determine the purpose of the internal organizations has become increasingly important, which is another reason why a CDO is ne.
In order to create new businesses, it is necessary to utilize advanc information systems and make data-driven decisions. For this reason, many companies are appointing top talent in charge of such data utilization as CDO, who reports directly to the CEO. In this context, CDOs will strongly lead the creation of a company-wide and cross-organizational environment that encourages more free and active data utilization.
The need for leaders who can promote digital transformation
Another reason for the widespread appointment of CDOs is the strong ne for leaders who can promote DX. When DX is embodi as “creating south africa numbers new businesses using digital technology” or “utilizing data across the organization,” it is often necessary to transform a company’s organizational structure and business model.