The Chief Digital Officer (CDO) as a key driver of a successful digital transformation

Project Report , 2019 , 30 Pages , Grade: 1,0

Business economics - Business Management, Corporate Governance

Digitisation is one of the most commonly used buzzwords of these days. Unfor- tunately, to many organisations it stays a buzzword and not a call to action. That is why many organisations have started to appoint CDOs who solely take care of the organisation’s digital transformation.
At first, digitisation and other buzzwords are to explained and defined. After that the project will deal with the typical progress of a digital transformation and the typical tasks and challenges of a CDO. In the end the results of the investigations will be concluded and an outlook of the future of the CDO is given regarding if the CDO is only a short trend or will become a permanent member of the C-suite.

Inhaltsverzeichnis (Table of Contents)

• Management Summary
• Table of contents
• Figure Index
• Abbreviation index
• 1. The digital revolution
  • 1.1. Definitions and characteristics of Industry 4.0, digital disruption and digital transformation
  • 1.2. Chances of the digital revolution and the risks of missing the transformation
  • 1.3. The process of digital transformation and the characteristics of each phase
• 2. The Chief Digital Officer
  • 2.1. The sudden necessity of a digital leader
  • 2.2. A CDO's past and a brief demarcation to the CIO and CMO
  • 2.3. The five types of a CDO
• 3. Starting the digital transformation
  • 3.1. Preparing the organization
  • 3.2. Cultural change
  • 3.3. Reskilling the employees
  • 3.4. What happens to the CDO after a successful digital transformation?
• 4. Conclusion: Does every organisation need a CDO to transform successfully?
• Attachments
• References

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This paper examines the role of the Chief Digital Officer (CDO) in driving successful digital transformation within organizations. It explores the background and context of digitization, including definitions and characteristics of Industry 4.0, digital disruption, and digital transformation. The paper analyzes the challenges and opportunities associated with the digital revolution and outlines the key tasks and responsibilities of a CDO. It also investigates the process of digital transformation, outlining the various phases involved and the characteristics of each stage.

• The role and importance of the Chief Digital Officer (CDO) in digital transformation.
• The characteristics and challenges of Industry 4.0, digital disruption, and digital transformation.
• The benefits and risks associated with the digital revolution for organizations.
• The process of digital transformation, including the key phases and characteristics of each stage.
• The different types of CDOs and their respective roles in organizational transformation.

Zusammenfassung der Kapitel (Chapter Summaries)

• Chapter 1: The Digital Revolution: This chapter introduces the concept of digitization and its associated terms, such as Industry 4.0, digital disruption, and digital transformation. It outlines the advantages and disadvantages of the digital revolution, as well as the risks of failing to embrace transformation. The chapter concludes by detailing the various stages involved in digital transformation and their specific characteristics.
• Chapter 2: The Chief Digital Officer: This chapter explores the emergence of the CDO role as a response to the increasing need for digital leadership. It discusses the historical context of the CDO position and distinguishes it from similar roles, such as the CIO and CMO. The chapter concludes by outlining the different types of CDOs and their diverse responsibilities.
• Chapter 3: Starting the Digital Transformation: This chapter delves into the practical steps involved in initiating digital transformation within an organization. It focuses on preparing the organization for change, fostering a culture of innovation, reskilling employees, and considering the future role of the CDO after a successful transformation.

Schlüsselwörter (Keywords)

This paper focuses on the core concepts of digitization, digital transformation, Industry 4.0, digital disruption, and the role of the Chief Digital Officer (CDO). It explores the challenges and opportunities associated with implementing digital transformation and outlines the key tasks and responsibilities of a successful CDO.

• Course: Aktuelle Themen im Management
• Grade: 1,0
• Author: Johannes-Christian Pahl (Author)
• Publication Year: 2019
• Pages: 30
• Catalog Number: V502291
• ISBN (eBook): 9783346031327
• ISBN (Book): 9783346031334
• Language: English
• Tags: Digitalisierung, Digitization, Leadership, Führung, Herausforderung, Challenges