Every company is out to hire a Chief Digital Officer who can leverage emerging technologies such as IIoT, robotics, AI/ML and the like to take the company digital and drive new revenues and save costs. Yet, interviews with people who have joined as CDOs in the recent past paint an underwhelming picture of grand vision but with little movement on the ground.
So, if you are going to pay top bucks to hire a CDO, how can you make sure that there are going to be real improvements on the ground? In our view, there are 4 key questions that you need to ask yourself and have answers to before you set out to hire a CDO.