Who should be in charge of data, analytics, and AI? While there are many possible divisions of responsibility and reporting structures, a combined role—the CDAIO (Chief Data, Analytics, and AI Officer)—will best prepare organizations as they plan for AI going forward. To succeed, this role needs a clear mandate that includes owning AI strategy, preparing for a new class of risks, developing the AI tech stack, ensuring the company’s data is ready for AI, creating an AI ready culture, developing talent and partnerships, and generating significant ROI on AI investments. Given the emphasis on business value creation, in most cases CDAIOs should be positioned closer to business functions than to technology operations.
