My Cookie Mix

There’s clear evidence that enterprises around the world are embracing data and analytics. The 2022 senior data and AI leadership survey from NewVantage Partners found that 74% of firms have a chief data officer or chief data and analytics officer, while 92% of firms are seeing returns from data and AI investments.  But at the same time, leaders in charge of these initiatives aren’t sticking around. Additional research suggests that the average tenure of a CDO is just 2 1/2 years. This compares to nearly seven years for the typical chief executive officer and just over 4 1/2 years for the average chief financial officer or chief information officer. Read more:  https://mitsloan.mit.edu/ideas-made-to-matter/chief-data-officers-dont-stay-their-roles-long-heres-why

"Organizations that allocate the right resources, influence, and authority to the CDO are four times more likely to be successful using data to transform the business, according to Laney’s research. By comparison, organizations turning to the CIO to oversee data management and strategy are only half as likely to see business impact from advanced analytics initiatives." Here's why:  https://mitsloan.mit.edu/ideas-made-to-matter/making-business-case-a-chief-data-officer