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In Episode 9 of Driven by Data: The Podcast, Kyle Winterbottom is joined by Alex Golbin, Chief Data Officer at Morningstar, where they discuss how to maximise value by connecting Data & Analytics to a business.
Having worked for a number of high-profile financial institutions including Lehman Brother, BlackRock and now Morningstar, Alex articulates the key components of how a CDO connects an organisations Data & Analytics initiative to the core business, which includes:
- Why you always to start with your "clients"
- How everyone that comes into contact with your data is a "client"
- The importance of defining "moments that matter"
- Why a CDO function is an internal service provider
- Why data should "tell the truth" and "predict the future"
- How to define Defence V Offense
- How to connect disparate data to tell a story
- Why data should be available, discoverable and trusted
- How to create zones of readiness for data discovery
- Why data quality isn't always about accuracy
- The importance of creating data quality dimensions/taxonomies
- Why creating business partnerships is the key to being a great CDO
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