exploring opportunities for professionals
Post on 25-May-2015
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DESCRIPTIONThis presentation exlores opportunities for CS in employement and practice who has knowledge of different laws, different organization structures, different industries. It further explains the opportunity in the concept of Corporate Governance which encourages companies to voluntarily adhere to various laws, how IT can be utilise to utilise these opportunities and the benefits of collaborative commerce.
- 1. Exploring Opportunities By: Pavan Kumar Vijay
2. COMPANY SECRETARY? A Company Law Expert? A Generalist - Jack of All Trade? A Mere Secretarial Officer? 3.
- COMPANY POLICIES
OPERATIONAL PLANNING AND EXECUTION BOARD OF DIRECTORS CORPORATE PLANNING LEGAL FINANCE AND ACCOUNTS HUMANRESOURCES CORPORATECOMMUNICATION PRODUCTIONAND OPERATIONS MARKETING INFORMATIONTECHNOLOGY DEPARTMENTS IN A COMPANY EXTERNAL STAKEHOLDERS DIR A DIR B DIR C DIR D DIR E INVESTORS GOVERNMENT AND REGULATORS SOCIETY SUPPLIERS CUSTOMERS LENDERS 4. Every Company Needs a Person to
- Coordinate between various departments and all stakeholders,
- Ensure compliance of all applicable laws and
- Develop mutual trust between various stakeholders
- The person must have adequate knowledge of management and law
- COMPANY POLICIES
OPERATIONAL PLANNING AND EXECUTION BOARD OF DIRECTORS CORPORATE PLANNING LEGAL FINANCE AND ACCOUNTS HUMANRESOURCES CORPORATECOMMUNICATION PRODUCTIONAND OPERATIONS MARKETING INFORMATIONTECHNOLOGY DEPARTMENTS IN A COMPANY EXTERNAL STAKEHOLDERS COMPANY SECRETARY CS is the Principal Officer of the Company DIR A DIR B DIR C DIR D DIR E INVESTORS GOVERNMENT AND REGULATORS SOCIETY SUPPLIERS CUSTOMERS LENDERS 6. Company Secretary in Employment
- The Company Secretary , a professionalbound by the Code of Conduct, aligns various management functions with company policies ,ensures compliance of all applicable lawsandendeavours to develop mutual trust between various stakeholdersleading to good corporate governanceand sustainable growth of the company.
7. Company Secretary in Employment Company Policies Management Functions RegulatoryCompliances Ethics and Mutual Trust COMPANY SECRETARY navigates the CORPORATE GROWTH with GOOD GOVERNANCE SUSTAINABLE GROWTH 8. Company Secretary in Practice
- The Company Secretary in Practiceis anindependent professional , bound by the Code of Conduct,rendering audit, advisory and representation servicesin relation to management, law and corporate governance processes and practices.
- Company Secretary is a
- Special Kind of Generalist
- who contributes significantly in all
- departments of the Company
- Knowledge of both Management and Law becomes his USP and Core Competence
- Specialisation of Company Secretaries vary from Segment to Segment
12. Different Services DUE DILIGENCE DOCUMENTATION COMPLIANCES REPRESENTATION CORPORATE GOVERNANCE AUDIT ADVISORY 13. Different Knowledge Areas IPR& GENERALBUSINESS LAWS STRATEGICMANAGEMENT CORPORATE ANDSECURITIES LAWS FINANCE, ACCOUNTs AND TAXATION IT ANDCYBER LAWS HRD AND INDUSTRIAL LAWS ENVIRONMENT LAWS INTERNATIONALTRADE LAW 14. Different Corporate Structures Public Sector Undertakings Private Limited Companies Trusts And NGOs Coop Societies AndProducer Companies Municipal Boards Semi-government Organisation Unlisted Public Companies Listed Public Companies Unexplored Organisations 15. Different Industries Media AndEntertainmentInfrastructure,Power And Telecom IT Solutions IT EnabledServices And BPO Textiles Tourism And Hotel Capital Market AndIts Intermediaries Engineering andConstruction FMCGAgriculture And Food ProcessingCapital GoodsDrugs, PharmaAnd Healthcare Banking And NBFC Financial Services 16. Different Scales of Operations SMALL SCALE MEDIUM SCALE LARGE SCALE 17. Different Geographies Global Operations Indian Operations 18.
- Time Has Come to Go Global
- Globalization of trade in goods and services will increase demand in foreign countries
20. International Opportunities
- Corporate Governance
- Advisory and Compliances in Multinational Regulatory Environment
- Investment Advisory
- Intellectual Property Rights
- Commercial Arbitration and ADR
- Management Consultancy Services
- BPO and Related Services
- International Taxation
- Transfer Pricing
- Corporate Governance
- is Big Opportunity
22. Corporate Governance
- The Institute of Company Secretaries of India
Corporate Governanceisthe adherencetoethicalstandards for effective management and distribution of wealth and discharge of social responsibility applicationofbest management practices, compliance oflaw in letter andspiritandfor sustainable development of all stakeholders 23.
- Being aPrincipal Officer ,
- the Company Secretaryplays a vital role in
- Corporate Governance
24. The IT Revolution HowITcan change theProfessionals Life 25. The IT Revolution A thought few years back. which has become a reality now!!! 26. The IT Revolution PEN PC 27. The IT Revolution PEN PC 28. The IT Revolution PEN PC 29. The IT Revolution Virtual Keyboard 30. The IT Revolution Virtual Keyboard 31. The IT Revolution Virtual Keyboard 32. Challenges for Company Secretaries An Ordinary Company Secretary I Don't Have Time 80% 20% Notices Agenda Minutes Registers Returns Checklists Strategy Research Representation Problem Solving Management Coordination 33. IT Enabled Company Secretary Give Me More Work IT is a Powerful Tool for Company Secretaries 20% 80% Notices Agenda Minutes Registers Returns Checklists Strategy Research Representation Problem Solving Management MIS 34. IT is a Powerful Tool for Company Secretaries IT Enabled CS Does A Lot and Keeps Everyone Happy INVESTORS GOVERNMENT SOCIETY SUPPLIERS CUSTOMERS LENDERS CORPORATE PLANNING LEGAL FINANCE & ACCOUNTS HUMANRESOURCES PRODUCTION & OPERATIONS MARKETING INFORMATIONTECHNOLOGY EMPLOYEES 35.
- In the newMCA21Era a Company Secretary cannot imagine of working without IT
- Teams win Matches
- Be it Sports or Practising Firms
38. Global Success Call for Synergy of Brand Knowledge
LetCollaborationbe Buzz Word for Us 39. Quality ofService Commerce Brand Synergy Infrastructure Synergy Capital Synergy Collaborative Commerce Single Window Interface Knowledge Synergy Global Presence Growing Revenues Growing Customers Growing Nations CS + CA + CWA + MBA + LLB Corporate Laws Economic Laws Taxation Laws WTO & IPR International Trade Law IT & BPO Management Consulting Finance andAccounting 40. Advantages of Mega Firms
- Risk Minimisation
- Wider Area of Expertise
- Wider Geographic Reach
- Firms Strength Enhancing Brand Equity
- Active Networking and Public Relations
- Infrastructure Sharing
- Overhead Sharing
- Close Self Help Group
- Best Practices/ Expertise in Firm Management
41. A New Story ofthe Rabbit and Tortoise 42. Once upon a time a tortoise and a rabbit had an argument about who was faster. They decided to settle the argument with a race. They agreed on a route and started off the race. 43. The Rabbit shot ahead and ran briskly for some time. Then seeing that he was far ahead of the tortoise, he thought he'd sit under a tree for some time and relax before continuing the race. He sat under the tree and soon fell asleep. 44. The tortoise plodding on overtook him and soon finished the race, emerging as the undisputed champ. 45. The Rabbit woke up and realized that he'd lost the race. The moral of the story is that slow and steady wins the race. 46. This is the version of the story that we've all grown up with. But then recently, someone told me a more interesting version of this story. It continues. 47. The Rabbit was disappointed at losing the race and he did some Defect Prevention (Root Cause Analysis). He realized that he'd lost the race only because he had been overconfident, careless and lax. 48. If he had not taken things for granted, there's no way the tortoise could have beaten him. So he challenged the tortoise to another race. The tortoise agreed. 49. This time, the rabbit went all out and ran without stopping from start to finish. He won by several miles. 50. The moral of the story Fast and consistent will always beat the slow and steady. 51. But the story doesn't end here. The tortoise did some thinking this time, and realised that there's no way he can beat the rabbit in a race the way it was currently formatted. 52. He thought for a while, and then challenged the rabbit to another race, but on a slightly different route. 53. The rabbit agreed. They started off. In keeping with his self-made commitment to be consistently fast, the rabbit took off and ran at top speed until he came to a broad river. 54. The finishing line was a couple of kilometers on the other side of the river. 55. The hare sat there wondering what to do. In the meantime the tortoise trundled along, got into the river, swam to the opposite bank, continued walking and finished the race. 56. The moral of the story? First identify your core competency and then change the playing field to suit your core competency. 57. The story still hasn't ended. 58. The rabbit and the tortoise, by this time, had become pretty good friends and they did some thinking together. Both realised that the last race could have been run much better. 59.