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IDQ January Webinar
The Chief Data Officer: Golden Rules to Data
Quality and Data Governance Success
With Mario Faria
http://iaidq.org/webinars/2015-01-08.shtml
Mario Faria
1
The Chief Data Officer
Golden Rules to Data Quality and
Data Governance Success
Mario Faria
Jan 8th, 2015
http://www.cdo-inc.com/
Mario Faria
2
mario.faria@cdo-inc.com
@mariofaria
http://www.cdo-inc.com
• Head of CDO, Inc., advising companies on how to cross the
“data & analytics chasm” driving a digital transformation
• According to MIT, one of the first Chief Data Officers in
the world (just Google my name to see)
• Proven expertise leading teams focused in Analytics, Data
Monetization, Digital Transformation, Data Management,
Data Governance & Policies, Data Security, Data Privacy,
Data Architecture, Data Quality, Data Operations using
Agile and Lean Methodologies
• Over 5 years of experience as a Chief Data & Analytics
Officer for ServiceSource and Equifax-Boa Vista, creating
and implementing data teams around the world, making data
a strategic asset, sponsoring a data driven culture change
and making the data organization as a P&L center
• Worked for IBM, Accenture and Microsoft, leading projects
related to BI, Analytics, Security, DW, CRM, Supply Chain,
Web Development, Digital Marketing and Management
Consulting
• Motto: "If you do not treat people, technology and data as
economic assets, they will become liabilities“
Mario Faria
Chief Data Officer
In 1915, the transcontinental telephone
service between NY and SF was inaugurated
Mario Faria
6
The 3 Architectures a Company needs
to succeed
Business
Architecture
Technology
Architecture
Data
Architecture
Mario Faria
7
Data & Analytics Responsibilities
• Data Strategy
• Data Governance
• Data Quality
• Data Analytics
• Data Insights
• Data Architecture
• Data Acquisitions
• Data Operations
• Data Policies
• Data Security
• Data Protection
A data & analytics team is
responsible for transforming
data assets into competitive
insights, that will drive
business decisions and actions,
using people, processes and
technologies
Mario Faria
9
Chief Data Officer /
Chief Analytics Officer
Data Governance
Data Scientist
Data Quality
Data ArchitectData Operations
The CDO and team build
the bridge between
business and IT
Mario Faria
11
The Chief
Data
Officer
Role
Data & Analytics is quite easy
Changing behavior and culture is
extremely hard to achieve
Mario Faria
13
Chief Data Officer (CDO) /
Chief Analytics Officer (CAO) /
Chief Data Scientist
are the leaders are being hired to enable a culture
change and to create data driven organizations
Right People
Right Data
Right Technology
Data Quality &
Data Governance
Without Data Quality &
Data Governance, it is
impossible to achieve the
goals of increasing revenue,
reducing costs or gaining
operational efficiency
Mario Faria
16
Land of Confusion
Mario Faria
17
Problems with Data Quality and
Data Governance
• Business people don’t understand it and don’t have time
or patience
• IT people still have a technology mindset
• Data & Analytics people make it more complex than it is
Mario Faria
18
Quality is about customer
perception
Mario Faria
19
What to do : Establish a customer
oriented mentality within your team
Mario Faria
20
Governance is about the processes
for making and implementing
decisions
Mario Faria
21
Avoid the trap : Governance discussions
can become really boring
Make Everyone in
the organization
feel responsible for
Data Quality and
Data Governance
How prepared is your
business to have
data quality and
data governance
programs in place ?
Time
People
Technology
Mario Faria
26
Golden Rule Number 1 :
Find out the Why
Mario Faria
27
Simon Sinek
Mario Faria
28
Golden Rule Number 2 :
Define a strategic vision
and put a plan of actions in
place to deliver it
Mario Faria
29
A few years ago, a bold
plan …
Mario Faria
30
Golden Rule Number 3 : Select
a strong Data Quality and Data
Governance leader
The
Data Quality & Data Governance
Leader is the CDO best friend
Mario Faria
32
The critical path to success :
Finding the right people
Mario Faria
33
Golden Rule Number 4 :
Secure investments and
budget to implement the plan
The brutal truth :
CDOs with no staff and
with no budget
Mario Faria
35
Golden Rule Number 5 :
Always deliver results (all
the time, regularly)
Mario Faria
36
• A good CDO can implement a data organization
with success
• A great CDO has the ability to turn raw data into
new revenue streams for the business
• Components such as technology and
methodologies are important, but they are just
enablers
• The CDO focus is delivering enterprise value to the
business (not writing code or SQL scripts)
From good to great CDO
Some bonus tips
and
recommendations
Mario Faria
38
Start where it hurts the
most
Mario Faria
39
Celebrate success
NW HomeWorksNW HomeWorks
Mario Faria
40
Learn from mistakes
Mario Faria
41
Be flexible and adapt to
changes fast
Mario Faria
42
Aim high
Conclusions
“The Data Asset: How Smart Companies
Govern Their Data For Business Success” - by
Tony Fisher
Mario Faria
45
How the CDO should implement Data
Quality and Data Governance programs
• Define what Data Quality and Data Governance mean
• Establish a baseline where your organization stands today
• Bring a data-driven culture inside the business units
• Adopt the most-suited methodologies for your needs
• Put in place a lean and agile mindset to deliver results
Mario Faria
46
Golden Rules
• Find out the Why
• Strategic vision and a plan in place
• Strong Data Quality and Data Governance leader
• Secure investments and budget
• Always deliver results
Mario Faria
47
Future of Data Quality
Mario Faria
48
When was the last time ?
49
Next Generation Roles : CDO & CAO
Next Generation...
Chief
Data
Officer
Chief
Analytics
Officer
Chief Data &
Analytics
Officer
Driving a more
sophisticated approach to
how a company interacts
and services its customers
and better manages its
operational risk
Chief Data Officer
(focused on data
management)
Chief Digital Officer
(focused on digital
transformation)
Chief Analytics Officer
(focused on decision
management initiatives)
The ultimate leader who
creates and executes digital,
data and analytics strategies
to drive business value
Copyright: Mario Faria 2014
The Chief Data / Analytics / Digital Officer roles
Mario Faria
51
“Business are complex systems,
optimizing a single element rarely
creates lasting value”- Peter Drucker,
the father of modern management
Mario Faria
http://www.cdo-inc.com
www.slideshare.com/fariamario
Twitter : @mariofaria
mario.faria@cdo-inc.com
+1 (425) 628-3517
© 2015 Chief Data Office Inc. . This work is licensed under a Creative Commons Attribution (CC BY 4.0) License.
Future Events
Copyright 2015 IAIDQ 2
IDQ Webinars: 26 February
The Importance of Principles and Policies
with John Ladley
IQCP Test Window: 1 – 31 March 2015
Apply by: 30 January 2015
News and coming events: http://www.iaidq.org
Linkedin: http://www.Linkedin.iaidq.org

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CDO January Webinar: Golden Rules for Data Quality & Governance Success

  • 1. IDQ January Webinar The Chief Data Officer: Golden Rules to Data Quality and Data Governance Success With Mario Faria http://iaidq.org/webinars/2015-01-08.shtml
  • 2. Mario Faria 1 The Chief Data Officer Golden Rules to Data Quality and Data Governance Success Mario Faria Jan 8th, 2015 http://www.cdo-inc.com/
  • 3. Mario Faria 2 mario.faria@cdo-inc.com @mariofaria http://www.cdo-inc.com • Head of CDO, Inc., advising companies on how to cross the “data & analytics chasm” driving a digital transformation • According to MIT, one of the first Chief Data Officers in the world (just Google my name to see) • Proven expertise leading teams focused in Analytics, Data Monetization, Digital Transformation, Data Management, Data Governance & Policies, Data Security, Data Privacy, Data Architecture, Data Quality, Data Operations using Agile and Lean Methodologies • Over 5 years of experience as a Chief Data & Analytics Officer for ServiceSource and Equifax-Boa Vista, creating and implementing data teams around the world, making data a strategic asset, sponsoring a data driven culture change and making the data organization as a P&L center • Worked for IBM, Accenture and Microsoft, leading projects related to BI, Analytics, Security, DW, CRM, Supply Chain, Web Development, Digital Marketing and Management Consulting • Motto: "If you do not treat people, technology and data as economic assets, they will become liabilities“ Mario Faria Chief Data Officer
  • 4. In 1915, the transcontinental telephone service between NY and SF was inaugurated
  • 5.
  • 6.
  • 7. Mario Faria 6 The 3 Architectures a Company needs to succeed Business Architecture Technology Architecture Data Architecture
  • 8. Mario Faria 7 Data & Analytics Responsibilities • Data Strategy • Data Governance • Data Quality • Data Analytics • Data Insights • Data Architecture • Data Acquisitions • Data Operations • Data Policies • Data Security • Data Protection
  • 9. A data & analytics team is responsible for transforming data assets into competitive insights, that will drive business decisions and actions, using people, processes and technologies
  • 10. Mario Faria 9 Chief Data Officer / Chief Analytics Officer Data Governance Data Scientist Data Quality Data ArchitectData Operations
  • 11. The CDO and team build the bridge between business and IT
  • 13. Data & Analytics is quite easy Changing behavior and culture is extremely hard to achieve
  • 14. Mario Faria 13 Chief Data Officer (CDO) / Chief Analytics Officer (CAO) / Chief Data Scientist are the leaders are being hired to enable a culture change and to create data driven organizations
  • 15. Right People Right Data Right Technology Data Quality & Data Governance
  • 16. Without Data Quality & Data Governance, it is impossible to achieve the goals of increasing revenue, reducing costs or gaining operational efficiency
  • 18. Mario Faria 17 Problems with Data Quality and Data Governance • Business people don’t understand it and don’t have time or patience • IT people still have a technology mindset • Data & Analytics people make it more complex than it is
  • 19. Mario Faria 18 Quality is about customer perception
  • 20. Mario Faria 19 What to do : Establish a customer oriented mentality within your team
  • 21. Mario Faria 20 Governance is about the processes for making and implementing decisions
  • 22. Mario Faria 21 Avoid the trap : Governance discussions can become really boring
  • 23. Make Everyone in the organization feel responsible for Data Quality and Data Governance
  • 24. How prepared is your business to have data quality and data governance programs in place ?
  • 26.
  • 27. Mario Faria 26 Golden Rule Number 1 : Find out the Why
  • 29. Mario Faria 28 Golden Rule Number 2 : Define a strategic vision and put a plan of actions in place to deliver it
  • 30. Mario Faria 29 A few years ago, a bold plan …
  • 31. Mario Faria 30 Golden Rule Number 3 : Select a strong Data Quality and Data Governance leader
  • 32. The Data Quality & Data Governance Leader is the CDO best friend
  • 33. Mario Faria 32 The critical path to success : Finding the right people
  • 34. Mario Faria 33 Golden Rule Number 4 : Secure investments and budget to implement the plan
  • 35. The brutal truth : CDOs with no staff and with no budget
  • 36. Mario Faria 35 Golden Rule Number 5 : Always deliver results (all the time, regularly)
  • 37. Mario Faria 36 • A good CDO can implement a data organization with success • A great CDO has the ability to turn raw data into new revenue streams for the business • Components such as technology and methodologies are important, but they are just enablers • The CDO focus is delivering enterprise value to the business (not writing code or SQL scripts) From good to great CDO
  • 39. Mario Faria 38 Start where it hurts the most
  • 40. Mario Faria 39 Celebrate success NW HomeWorksNW HomeWorks
  • 42. Mario Faria 41 Be flexible and adapt to changes fast
  • 45. “The Data Asset: How Smart Companies Govern Their Data For Business Success” - by Tony Fisher
  • 46. Mario Faria 45 How the CDO should implement Data Quality and Data Governance programs • Define what Data Quality and Data Governance mean • Establish a baseline where your organization stands today • Bring a data-driven culture inside the business units • Adopt the most-suited methodologies for your needs • Put in place a lean and agile mindset to deliver results
  • 47. Mario Faria 46 Golden Rules • Find out the Why • Strategic vision and a plan in place • Strong Data Quality and Data Governance leader • Secure investments and budget • Always deliver results
  • 48. Mario Faria 47 Future of Data Quality
  • 49. Mario Faria 48 When was the last time ?
  • 50. 49 Next Generation Roles : CDO & CAO Next Generation... Chief Data Officer Chief Analytics Officer Chief Data & Analytics Officer Driving a more sophisticated approach to how a company interacts and services its customers and better manages its operational risk
  • 51. Chief Data Officer (focused on data management) Chief Digital Officer (focused on digital transformation) Chief Analytics Officer (focused on decision management initiatives) The ultimate leader who creates and executes digital, data and analytics strategies to drive business value Copyright: Mario Faria 2014 The Chief Data / Analytics / Digital Officer roles
  • 52. Mario Faria 51 “Business are complex systems, optimizing a single element rarely creates lasting value”- Peter Drucker, the father of modern management
  • 53.
  • 54. Mario Faria http://www.cdo-inc.com www.slideshare.com/fariamario Twitter : @mariofaria mario.faria@cdo-inc.com +1 (425) 628-3517 © 2015 Chief Data Office Inc. . This work is licensed under a Creative Commons Attribution (CC BY 4.0) License.
  • 55.
  • 56. Future Events Copyright 2015 IAIDQ 2 IDQ Webinars: 26 February The Importance of Principles and Policies with John Ladley IQCP Test Window: 1 – 31 March 2015 Apply by: 30 January 2015 News and coming events: http://www.iaidq.org Linkedin: http://www.Linkedin.iaidq.org