The analytics team
An agile collaborative team is one of the most critical parts of a data analytics strategy for a company. The structure of your team will play a larger role than technology in deciding the efficiency of the analytical framework. The structure of your team will be dependent on the operating model that you build. And, depending on your future data strategy, you might have to regroup teams and even create and hire new roles.
With the growing importance of data governance, a new role called chief data officer (CDO) is being introduced in many companies. The CDO manages the data analytics team along with the new data governance team. A CDO and their team are responsible for the governance and utilization of enterprise-wide data, along with identifying new innovative opportunities to utilize data. Figure 2.8 shows an example of such an organizational structure with a CDO position:
Figure 2.8 – A sample data organization structure
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