The Coming of The Data Czar

Over the last 6 months, we’ve been hosting a number of webinars. As part of the attendee sign up, we ask people to list their job titles. What has become very interesting is that one role rarely seen years ago is beginning to show up with greater frequency, and that is the custodian of the data in the organization. The titles vary, but have included Data Czar, Data Business Manager, Data Quality Manager, and Data Governance Manager.

With information growing exponentially, senior management is recognizing its significance to the operations and performance of the business. Managing data means understanding it, making sure there’s confidence in it, that people have access to it, that the information people are getting matches what they are asking for, and last but not least, making sure that the processes around the movement and the use of the information are streamlined and efficient.

With the role of data custodian quickly becoming mainstream, the industry has formally acknowledged that one of the keys to success, both in decision making and investor reporting, revolves around strong information management.