Considerations for the Effective National CDO Policy

Abstract

Data is a strategic asset for digital transformation. National innovation based on data has become a matter of global competition and survival. For pursuing a national innovation, it is important that the governance clearly defines the role and responsibility to lead innovation at the national level. In this regard, a national chief data officer (CDO) system has emerged recently as a new paradigm for national data innovation, mainly in the United States, the United Kingdom, and South Korea. This study employs a comparative approach to explaining the trends and common features of the national CDO system. The focal point of analysis is the legal base of CDO system, organization and governance, the required capability and authority of CDO, and its hiring process. Summing up, the study shows that an organization-wide awareness of the benefits of data innovation, a powerful authority to lead and coordinate regarding agencies, and a competent supporting organization are crucial to the successful operation of a CDO system.