Alex Castro shares a winning strategy at CFO Global Conference

Choosing a winner is a lot harder than you think — whether it’s hiring a new employee or tackling a legacy modernization project.

M Corp CEO and founding partner Alex Castro recently shared some insight about the importance of metrics that greatly increase the likelihood of success, at least when it comes to IT projects.

“It’s about asking the right questions and reviewing your processes, while being honest about which issues you must address before starting a project,” said Castro during his 75-minute presentation.

Castro was a featured speaker during the California Public Employees’ Retirement System-organized 2014 Global CFO Conference at University of California, Davis. About 200 pension fund financial executives, from Canada to China, attended the three-day conference that started Sept. 3.

“It’s about asking the right questions and reviewing your processes, while being honest about which issues you must address before starting a project,” said Castro during his 75-minute presentation.

M Corp is developing a readiness tool that identifies issues and the likelihood of success before starting a project.

“The company has done more than 120 government projects and we’ve never failed,” said Castro, who also discussed the changing role of chief financial officers, with many now overseeing IT projects.

“Chief financial officers are becoming the decision-makers more often, and playing a much-larger role when it comes to IT projects,” Castro said.

CalPERS organized the first-ever CFO Global Conference in the U.S. The annual conference had previously been held in Canada.

“I want to thank CalPERS for the opportunity to connect with these financial experts who are changing the landscape when it comes to IT projects,” he said. ‘Every project is important, regardless of the cost and size, and I wanted to share how clients can choose winners.”

Other speakers included Tyler Cohen Wood, cyber branch chief of the U.S. Department of Defense and author of Catching the Catfishers: Disarm the Online Pretenders, Predators, and Perpetrators Who Are Out to Ruin Your Life, and Anne Simpson, senior portfolio manager, director of global governance for CalPERS.

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