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402 -  Compliance, Value, and Governance: From the “Three Amigos to the Three Musketeers”
 Thursday, November 08, 2007, 9:45 AM - 10:45 AM
Speakers:
Hector L. Munoz
President
itValue Consulting

Héctor Munoz is president of itValue Consulting, a firm specializing in IT governance. He helps IT organizations and service providers maximize their business value by improving their decision making. His 20 year corporate background includes serving as a US Air Force Captain, a senior manager for Ernst & Young and a corporate executive in IT at Prudential Insurance & Financial Services and Eli Lilly. Héctor recently served as an IT director leading strategy and IT governance for a $200M centralized IT function supporting 48,000 employees. He also oversaw a 400-person infrastructure group providing end-user computing in 135 countries, as well as data center, systems monitoring, and disaster recovery services. His help desk and client computing groups were highlighted by Boston Consulting Group as one of the most productive within the pharmaceutical industry.
Session Description:
We have such great intentions. We have efforts in place to improve our level of compliance and are constantly advocating to get the needed resources to safely pass audits without negative findings and minimize the risk to our business. We also strive to align more closely with our business partners and advocate to get more resources to create value for our corporations and to communicate IT’s impact on the top line. Sometimes these two priorities seem to be at odds with each other. So we improve our IT governance to unite the efforts, only to find out that it also requires resources for 30 other processes! Sometimes these areas of focus look as misaligned as the characters from the movie “The Three Amigos.”

In this session, we'll clarify the relationship between compliance, value creation and governance, and outline ways we can harmonize these efforts -- in essence transforming them from the Three Amigos to the Three Musketeers: “One for all, and all for one!” We will also discuss how alignment with business objectives can be used to drive this harmonization effort.

Participants will learn about the interdependencies among compliance (value preservation), value creation and IT governance from the perspective of an IT infrastructure group and how to help unite these efforts based on corporate strategy.