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You're reading from  Data Stewardship in Action

Product typeBook
Published inFeb 2024
PublisherPackt
ISBN-139781837636594
Edition1st Edition
Concepts
Data Science
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Author (1)
Pui Shing Lee
Pui Shing Lee
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Pui Shing Lee

Pui Shing Lee is a visionary leader with two decades' experience in FinTech, Data, AI, and Cloud across Europe, the US, and APAC. He is a Cloud Solution Strategist (Data & AI) at Microsoft. With a passion for deriving actionable insights from data, he provides comprehensive solutions for customers' journeys, ensuring tangible business outcomes. Shing holds industry-leading certifications like DAMA CDMP and EDMC CDMC V1. His professional experience includes roles as Chief Data Officer at Hang Seng Index, Head of Data Governance at HKEX, and APAC Director at IHS Markit. As the co-founder of the Data Literacy Association, Shing advocates for a culture-fit data strategy, self-service models, and automated governance on robust cloud platforms.
Read more about Pui Shing Lee

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Getting buy-in of data stewardship from stakeholders

Before we can get to the data operating model, let’ s make sure we gain the buy-in from stakeholders.

Have you heard that the average duration of a chief data officer (CDO) at the same company is three years?

CDOs are the ones who initialize transformations to create master data, improve data quality, and trace data lineage. Why do CDOs usually not stay in the company for more than three years? Because they are not able to get the buy-in from stakeholders on the business value of data programs.

As a result, data and data programs are seen as a cost, funding gets stopped, and the CDO gets fired.

Despite the importance of the CDO role and data stewardship, they are set up to fail if there is poor buy-in from stakeholders.

Securing the approval and support of stakeholders is a crucial step in the process of data stewardship. The journey toward an effective data operating model necessitates the active engagement...

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Data Stewardship in Action
Published in: Feb 2024Publisher: PacktISBN-13: 9781837636594
© 2024 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Pui Shing Lee

Pui Shing Lee is a visionary leader with two decades' experience in FinTech, Data, AI, and Cloud across Europe, the US, and APAC. He is a Cloud Solution Strategist (Data & AI) at Microsoft. With a passion for deriving actionable insights from data, he provides comprehensive solutions for customers' journeys, ensuring tangible business outcomes. Shing holds industry-leading certifications like DAMA CDMP and EDMC CDMC V1. His professional experience includes roles as Chief Data Officer at Hang Seng Index, Head of Data Governance at HKEX, and APAC Director at IHS Markit. As the co-founder of the Data Literacy Association, Shing advocates for a culture-fit data strategy, self-service models, and automated governance on robust cloud platforms.
Read more about Pui Shing Lee

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