Workshop for CXOs
Speakers: |
Harold AINSWORTH |
Date: |
11 April 2007 (Wednesday)
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Audience
CXO's and those responsible for deciding on and monitoring the organisation's investments, and especially where they involve IT-enabled business investments. The session will focus on emerging standards and best practices in Governance of IT-enabled business investments, in order to obtain value for the organisation.
Outline
Surveys of CEOs and senior managers indicate they are not happy with the outcomes of their IT-enabled investments, either because the initiatives do not end up effectively implementing the organisation's strategy, or they believe that the planned benefits from the investment were not realised.
This has led to an increasing emphasis on Governance structures, but how Governance is practised varies for each organisation, and often is more about compliance than creating business value.
The Val IT Framework from the IT Governance Institute is a means to tie together the organisation's management processes and practices in order to achieve sound Governance of IT-enabled investments. The Framework helps them answer the four critical questions that senior management need to ask about their investments. Val IT is supported by 3 processes – value governance, portfolio management and investment management (mainly program management).
Value Governance is about leadership, structures, roles and responsibilities and how to ensure accountability for outcomes.
What is meant by Portfolio Management can differ for each organisation, and some organisations are only managing multiple projects in a consistent way, rather than making critical decisions about balancing their portfolio for strategic gain.
A key enabler for Governance is program management, the emerging definition of which is quite different to project management. The new program management is about how to formulate comprehensive business cases, identify and realise benefits, manage organisation change, and deal with strategic level issues.
To support Governance of their investments, some organisations have established a Value Management Office function which has a different focus to the Program Management Office.
We look at several case studies of organisations that have implemented the components of sound value governance.
 Harold AINSWORTH Director, Pre-Sales Division Fujitsu Asia Pte Ltd |
Harold AINSWORTH currently works at a senior management level in Fujitsu Asia, and has previously worked in similar roles in an IT services company in Australia, and also as an educator in both Australia and Asia. His current focus is on helping organisations obtain business value from their strategic investments, both in new development projects and infrastructure support, particularly through portfolio and program management. He has tertiary qualifications in management, is a PMP (Project Management Institute), and a member of three other professional organisations. He teaches part-time in advanced subjects at the University of Sydney on-line Project Management Graduate Program and has presented at a number of conferences, and written articles for publication in business journals. |
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Sushil CHATTERJI, Director of Edutech Enterprises, has over 8 years experience in IT Governance and the related areas of Enterprise Architecture and Operations Excellence. He is a local thought-leader in the field and has worked on consultancy projects in this area both in public and in the private sector. Sushil was previously Senior Consultant with META Group, based in Singapore. He is member of the IT Governance Committee of ISACA at the international level, and is a member of the global development team for COBIT. He is also a member of the core expert team of ValIT, the IT Governance Institute's Value Governance framework. A member of the Singapore Computer Society, IT Managers Association, Singapore Institute of Management and Singapore Institute of Directors, Sushil is a strong proponent of IT Governance in organisations. He holds a Masters in Business Management degree and professional qualifications in Enterprise Architecture and in Management of IT, with over 20 years experience in the IT industry. |
