In episode 41 of the Data Modernization Minute, Wayne Sadin discusses the role of a Chief Sustainability Officer and why now is the time for organizations to implement one.
00:31 — Although he has previously stated that there should not be any more C-suite roles, Wayne has changed his mind about the need for a Chief Sustainability Officer (CSO). Why? Because sustainability is a “different type of problem.”
01:04 — Sustainability is a complicated problem. In previous Data Modernization Minutes, Wayne has discussed the three scopes of sustainability, which takes time to successfully implement.
02:11 — Sustainability affects all parts of an organization — supply chain, manufacturing, technology — and the Chief Sustainability Officer position requires someone with perspective on all moving parts of a company. This is valuable to a CEO.
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02:55 — The role of a Chief Sustainability Officer is a good idea because it improves processes, efficiencies, and return on investments (ROI). These are all long-term initiatives that can be driven by a CSO.
03:39 — Since many organizations are still hesitant to onboard another full-time C-suite role, they can also consider handing off Chief Sustainability Officer responsibilities to existing CXO roles, including:
- Chief Information Officer (CIO)
- Chief Technology Officer (CTO)
- Chief Data Officer (CDO)
04:38 — The idea of sustainability is here to stay. Consider other C-suite positions that can double down in the role of a CSO to create a more profitable, sustainable, and comfortable organization for employees, suppliers, and investors.
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