siliconindia | | November 20179CDOs need to be prepared to traverse the high wire of their roles with a ready set of tactics to counterbalance the daily winds of change blowing through the businesson stability and the other on agility'. Deliberate management of resources and capacity to serve classic and emerging requirements are vital to a state of balance within a bimodal environment. Team structure should be regularly revisited to support growth and maintenance agendas.Establish Your Data & An-alytics Strategy, Roadmap & Critical PathFor organizations maturing from a business intelligence (BI) to an ana-lytics focus, modernizing the current BI strategy and roadmap will support the advancement of analytics and data science capabilities. Alignment with the respective information man-agement strategy and roadmap is also vital for an integrated plan that close-ly monitors interdependencies across critical infrastructure initiatives, es-pecially as architectures shift from classic data warehousing to more logical, virtualized environments.Keep Your Strategy `Live' With A Quarterly CadenceThe strategy, roadmap and critical path should be reviewed with key stakeholders every quarter. Conduct-ing a regular inventory update max-imizes collective resources across the community, while updating the inventory with the same frequency captures the new data sources, use cases, algorithms and tools/technolo-gies employed across the community. Keeping strategy `live' is also a way to regularly share successes.Become The `Center of Gravity' For AnalyticsThe CDO should become the `cen-ter of gravity' for data and analytics endeavors, whether that's by solving the problems within the immedi-ate team, or by being aware of and broadcasting what is occurring across the data and analytics community. This includes endorsing and facili-tating a self-service environment for a widening set of analysts and data scientists across the business, which will broaden impact and lessen the load on the core team.Form a Deliberate Alliance With Your Data & Analyt-ics Colleagues & PartnersIf certain data management, infrastructure or analytics coverage areas are not within the CDOs direct charter or remit, then the close interlock with IT and other leaders across the business is crucial. The success of any data and analytics initiative depends on the quality, understanding and agility of the data. This becomes particularly critical, as the analytics charter starts to require and accommodate a wider ecosystem of data, much of which will be sourced externally from emerging data brokers, social data sources and open data sources.CDOs need to be prepared to traverse the high wire of their roles with a ready set of tactics to counterbalance the daily winds of change blowing through the business. Coaching and supporting this set of professionals through daily survival strategies, along with savvy change management tactics, are key to growing the next generation of impactful digital business professionals.
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