Cara Dailey's guest appearances

Cara Dailey

Hub & Spoken: Data | Analytics | Chief Data Officer | CDO | Data Strategy

The Data Chief

Leading Analytics Podcast

Doug Laney

Gustavo Canton

Dennis Mortensen

Scott Harrison

Kraft Heinz

Tom Goodwin

Stephen Harris

Levi Strauss

Scott Taylor

Tom Wilson

Gail Miller

John Deere

Jason Foster

James Miller

Suzette Kent

OwlTail

Cara Dailey joins Season 3 of the Leading Analytics Podcast to share some of her early experiences as Chief Data Officer at LPL Financial.  In this far-ranging conversation, you’ll hear about the areas the data and analytics team at LPL Financial is having the most impact.  Hint, it’s all about the customer.  We dive into talent retention, data governance, AI and team culture.  Cara also shares a few of her top influencers and advice for folks just joining the analytics movement as professionals!

Cara Dailey joins Season 3 of the Leading Analytics Podcast to share some of her early experiences as Chief Data Officer at LPL Financial.  In this far-ranging conversation, you’ll hear about the areas the data and analytics team at LPL Financial is having the most impact.  Hint, it’s all about the customer.  We dive into talent retention, data governance, AI and team culture.  Cara also shares a few of her top influencers and advice for folks just joining the analytics movement as professionals!

Cara Dailey, Chief Data Officer at LPL Financial

With every passing year, a new batch of data tools comes available, and a new crop of data professionals enters the job market. The Chief Data Officer has evolved into a position that acts both on the offensive and defensive sides of these changes. Our guest today, Cara Dailey, the EVP, and CDO at LPL Financial, has helped shape and define the role of data leaders in the C-suite as she’s moved through her career. Her experiences at companies like Nike, Bank of the West, and Silicon Valley Bank have led her to embody a spirit of data-enablement – rather than governance. She also begs the question, “Is all data created equal?” Tune in to find out on this episode of The Data Chief. Mentions: InvestInDataTom DavenportRandy Bean - Fail Fast, Learn FasterSimon Sinek - Start with WhyMonte Carlo Barr MosesHarvard Business ReviewKey TakeawaysGreat CDOs balance offense and defense. Primarily, the role of the CDO started with the idea that organizations needed someone focused on protecting the data, keeping it safe and secure. Now, as the world has evolved, so has the role. Modern data leaders need to also be able to impact their organization by bringing value through performance data analytics for clients, customers, and employees. Cara posits that it’s not enough to simply protect; you must also ask yourself what are you actively contributing? Focus on data enablement. The best data executives can think of themselves as part of a data enablement forum, inviting a collaborative attitude in the increasingly important world of data governance. Make it such an integral part of the program you’re creating as the data leader. Think of yourself and your team as the data glue that holds the organization together. Not all data is created equal. While data is a powerful tool for decision-making, it’s important to remember not all data needs to or even should be valued the same. In highly regulated environments, absolute accuracy may be required. But for internal use cases like improving a product or process, directional indicators are just as good.Get even more insights from data and analytics leaders like Cara on The Data Chief.  

With every passing year, a new batch of data tools comes available, and a new crop of data professionals enters the job market. The Chief Data Officer has evolved into a position that acts both on the offensive and defensive sides of these changes. Our guest today, Cara Dailey, the EVP, and CDO at LPL Financial, has helped shape and define the role of data leaders in the C-suite as she’s moved through her career. Her experiences at companies like Nike, Bank of the West, and Silicon Valley Bank have led her to embody a spirit of data-enablement – rather than governance. She also begs the question, “Is all data created equal?” Tune in to find out on this episode of The Data Chief. Mentions: <ul><li><a href="https://www.investindata.ai/" rel="nofollow" target="_blank">InvestInData</a></li><li><a href="https://www.tomdavenport.com/" rel="nofollow" target="_blank">Tom Davenport</a></li><li><a href="https://www.forbes.com/sites/randybean/?sh=1e512fe51c0d" rel="nofollow" target="_blank">Randy Bean</a> - <a href="https://www.amazon.com/Fail-Fast-Learn-Faster-Data-Driven/dp/1119806224" rel="nofollow" target="_blank">Fail Fast, Learn Faster</a></li><li>Simon Sinek - <a href="https://simonsinek.com/product/start-with-why/" rel="nofollow" target="_blank">Start with Why</a></li><li><a href="https://www.montecarlodata.com/" rel="nofollow" target="_blank">Monte Carlo </a></li><li><a href="https://www.linkedin.com/in/barrmoses/" rel="nofollow" target="_blank">Barr Moses</a></li><li><a href="https://hbr.org/" rel="nofollow" target="_blank">Harvard Business Review</a></li></ul>Key Takeaways<ul><li>Great CDOs balance offense and defense. Primarily, the role of the CDO started with the idea that organizations needed someone focused on protecting the data, keeping it safe and secure. Now, as the world has evolved, so has the role. Modern data leaders need to also be able to impact their organization by bringing value through performance data analytics for clients, customers, and employees. Cara posits that it’s not enough to simply protect; you must also ask yourself what are you actively contributing? </li><li>Focus on data enablement. The best data executives can think of themselves as part of a data enablement forum, inviting a collaborative attitude in the increasingly important world of data governance. Make it such an integral part of the program you’re creating as the data leader. Think of yourself and your team as the data glue that holds the organization together. </li><li>Not all data is created equal. While data is a powerful tool for decision-making, it’s important to remember not all data needs to or even should be valued the same. In highly regulated environments, absolute accuracy may be required. But for internal use cases like improving a product or process, directional indicators are just as good.</li></ul>Get even more insights from data and analytics leaders like Cara on <a href="https://www.thoughtspot.com/data-chief" rel="nofollow" target="_blank">The Data Chief</a>.

LPL Financial's Cara Dailey on Data Enablement and Balancing Data Defense with Offense

In this episode, Jason talks to the Chief Data Officer at Silicon Valley Bank, Cara Dailey, about the importance of the first 100 days in post and the level of hustle needed to carve your role and strategy. They discuss what to focus on, what to de-prioritise and how to generate momentum behind the data strategy and transformation journey. They talk about selling the why, getting investment, building relationships, winning hearts and minds, creating believers and the need to pay for the data and tech sins of the past.

In this episode, Jason talks to the Chief Data Officer at Silicon Valley Bank, Cara Dailey, about the importance of the first 100 days in post and the level of hustle needed to carve your role and strategy. They discuss what to focus on, what to de-prioritise and how to generate momentum behind the data strategy and transformation journey. They talk about selling the why, getting investment, building relationships, winning hearts and minds, creating believers and the need to pay for the data and tech sins of the past.

The hustle of the CDO, with Cara Dailey