on news

footer news ticker

resources.

THE ENTERPRISERS PROJECT – TRANSFORMATION OF THE CDO ROLE – FEATURING PARTNER JOHN BARRETT

Dec 22, 2019 | John Barrett, ON In The News

John Barrett, partner at ON Partners, shares insight into the future and transformation of the Chief Digital Officer role

December 16, 2019 published in The Enterprisers Project – In 2012, Gartner predicted that the chief digital officer (CDO) would be the most exciting executive role in the decade ahead.

On balance, however, the CDO role has not taken hold everywhere. New CDO hiring has slowed, according to a study conducted by PwC’s Strategy& consulting group, with 21 percent of companies in the study having a CDO (up only slightly from 19 percent in 2016). Gartner puts the number at 15 percent. As the line between digital strategy and business strategy has blurred, so too have the long-term prospects for the CDO title.

“CEOs originally created CDO role because they felt their CIOs didn’t have enough business knowledge to drive digital transformation and their business unit leaders didn’t have enough technical skills to know what was possible,” explains Tony Saldanha, former Procter & Gamble IT executive and author of Why Digital Transformations Fail. “However, reality has shown that adding this extra layer brings its own problems.”

Some boards and CEOs have determined that enterprise transformation needs to be owned and led by business leaders, says Saldanha. Others are changing their terminology. “We’ve seen it evolve in some cases toward a chief transformation officer,” says John Barrett, Boston-based partner with ON Partners. “This role is more tangible than the older definition of a CDO. Today’s CDO is increasingly expected to think about how to fundamentally change the business in ways that directly lead to improvements in profitability.”

Indeed, a flurry of companies appointed chief transformation officers in late 2018 and early 2019, as noted by Michael Wade, professor of Innovation and Strategy at business school IMD. The mandate for this role is change and growth. (For more on CTOs, read also: Meet the Chief Transformation Officer: 8 key tasks for this new role.)

The short – and less-than-satisfying – answer to whether companies need a CDO anymore? It depends.

Read the full article published by The Enterprisers Project.


ABOUT ON PARTNERS

ON Partners propels an organization’s mission by building C-level and board leadership teams. Founded in 2006 by like-minded consultants as a values-driven alternative to the multi-service global firms they were leaving behind, ON delivers a better executive search experience. The firm has been named to the Inc. 500/5000 Lists six times, was named to the Inc. 5000 Hall of Fame in 2018 and is consistently ranked among the top 20 retained executive search firms in the U.S.  Get started on your executive search journey with us today.

Find the full ON Partners 2020 Executive Jobs forecast here.

Follow our work, success and updates on Twitter and LinkedIn.

Archives

+

connect with ON.

Bring ON executive search insights!
Sign up to receive thought leadership pieces, ON in the news, recent placements, quarterly updates and more.

ON resources.

ON in the news

BLUE PLANET CASE STUDY – PARTNERSHIP OF TRUST LEADS TO KEY HIRES

The Challenge   Described by The Baltimore Sun as the “world's biggest player in optical connectivity,” Ciena (NYSE: CIEN) is a telecommunications networking equipment and software services supplier offering products and services that support the transport and...

8 KEY TRAITS TO LOOK FOR WHEN HIRING A TURNAROUND CEO

Key Attributes of a CEO Needed When an Organization is in Distress August 28, 2020 ─ From a leadership and hiring standpoint, transforming businesses and driving change is no easy task. To accomplish the kind of sweeping, transformative change organizations often...

ON successful placements

SUCCESSFUL PLACEMENT: MECHANIX WEAR – VP, SUPPLY CHAIN

Helen Hong named new Mechanix Wear Vice President, Supply Chain   Mechanix Wear, a global leader in the design and manufacture of premium work gloves and part of the Gryphon Investors portfolio, has appointed Helen Hong to Vice President, Supply Chain. As VP,...

SUCCESSFUL PLACEMENT: SHAKE SHACK – SVP, CONTROLLER

Brian Satenstein named new Shake Shack SVP, Controller   Connect With ON   Shake Shack Inc. (NYSE:SHAK), a modern day "roadside" burger stand, has appointed Brian Satenstein to Senior Vice President, Controller. As SVP, Controller, Brian oversees Accounting,...

a better experience gets recognized.

ON Partners named to the Weatherhead 100 Case Western University annual ranking of the region’s fastest growing companies
ON Partners named by Boston Business Journal’s Largest Executive Search Firms and Minneapolis/St. Paul Business Journal’s Twin Cities Largest Executive Search Firms
ON Partners six time Inc. winner by being name to the Inc. 500/5000 Lists and to the Inc. 5000 Hall of Fame
Hunt Scanlon names ON Partners executive search firm to the Private Equity Recruiting Power 75 list
Business Insider ON Partners Executive Recruiters
Fortune ON Partners Executive Search
Fast Company ON Partners Executive Search Consultants
ON Partners named by Forbes as one of America’s Best Executive Recruiting Firms

ANNAPOLIS • ATLANTA • BOSTON • CLEVELAND • DALLAS • MENLO PARK • MINNEAPOLIS • NEW YORK • SAN FRANCISCO

© Copyright 2019 On Partners. All Rights Reserved.