As we discover new innovative ways to use big data, business leaders are starting to ask themselves which c-suite executives and departments should be the host — and apparently in-house counsel don’t even rank a seat at the table.
The responsibilities for analytics within companies are all over the map, according to a recent Deloitte survey. Of 75 companies, 23 percent tasked a business unit or division head with directing big-data initiatives, while 18 percent handed the job off to the chief financial officer and 15 percent to the chief information officer. Only 5 percent of companies listed another c-suite executive and none listed the legal department, indicating that in-house plays a small role in big data. A whopping 20 percent of companies didn’t have a single executive in charge, demonstrating a leadership vacuum for big data analytics, according to Thomas Davenport for the Wall Street Journal.
