“Mark Curtis was speaking at The CDO Summit in London. In the first part of this two-part article, Fjord’s Chief Client Officer Mark Curtis discussed the emergence of Living Services, the next era of digital evolution. In this concluding piece, he focuses on the opportunities and challenges these pose for organisations.”

“While the position isn’t exactly new, what’s required of the average CDO is. Gone are the days of being responsible for introducing basic digital capabilities and perhaps piloting a handful of initiatives. The CDO is now a “transformer in chief,” charged with coordinating and managing comprehensive changes that address everything from updating how a company […]

“For starters, CDOs are hot property. According to the CDO Club salaries for a Chief Digital Officer range from $89,000 to $600,000, with the median falling between $250,000 and $300,000. That means CDOs are paid more than CMOs where top earnings are around £160k according to our own Salary Survey 2015.

“At a senior level, demand is evident in the rise of the chief digital officer — the number of digital chiefs is expected to double this year to 2,000, according to the CDO Club, an executive community.

“Some CDO think their functions could be brought to disappear in the coming years once all companies have been ‘digitized.’ We believe, however, that this function CDO should strengthen and develop in the coming years, potentially cannibalizing other business functions such as Marketing and / or Sales Management. Some might be appointed to positions in […]