ADAPT - Chief Data Officer - Priorities and Challenges

Overview:

ADAPT surveyed 110 Chief Data Officers and most senior Data Leaders within Australian organisations in May 2022. The following data reveals our key findings of the most important factors for creating a data-driven organisation, as well as the top challenges Chief Data Officers face.

The process of building a data-driven organisation requires a complex mix of people, processes, and technology.

Chief Data Officers need to foster deep collaboration with other departments to capture the value of data and confirm the right strategies are in place to accelerate business outcomes across the organisation.

Key Takeaways:

Being data-driven is an organisational mindset and not an end goal. There needs to be a focus on transforming data into insights to inform decision-making.
An effective data strategy should result in revenue growth and improved customer experience.
Lack of consistency between systems and processes in organisations prevents them from becoming data-driven.

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Overview:

Key Takeaways:

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