Globalisation of  Professional Services Beyond  Borders Pavan Kumar Vijay, President, ICSI Borders
YEAR 2005
Opening of the Services Sector Under WTO
Pessimism Threat of Invasion of Service Sector by  145 Member Countries of WTO  in India
Threat Threat Threat Threat
Optimism Opportunity to Invade   Service Sector of   145 Member Countries of WTO  by India
Opportunities Opportunities Opportunities Opportunities
<ul><li>Multinational Corporate Governance  </li></ul><ul><li>International Regulatory Framework </li></ul><ul><li>Interna...
<ul><li>Access to Global Market </li></ul><ul><li>Access to Global Suppliers </li></ul><ul><li>Access to Global Financial ...
<ul><li>Quality of Service  </li></ul><ul><li>Time Commitment </li></ul><ul><li>International Operational Infrastructure <...
<ul><li>Coming Together is Beginning </li></ul><ul><li>Meeting Together is Progress </li></ul><ul><li>and </li></ul><ul><l...
<ul><li>Hence threats can always be converted into opportunities by  synergising  on  core competencies i.e </li></ul>Bran...
Think  C-Commerce  i.e  Collaborative Commerce How about CS, CA, CWA, Lawyers, MBA and IT professionals coming together to...
Corporate Laws Economic Laws Taxation Laws WTO & IPR International Law IT & BPO Management Consulting Quality of  Service ...
<ul><li>United We Stand – Divided We Fall </li></ul><ul><li>Global Reach of Professionals </li></ul><ul><li>Wider Area of ...
Speed of Service Delivery Quality of Service Make Global Brands Effective Customer Relationship Global Presence Big Size o...
YEAR 2015
We will see Global Business Law (GBL) Global Corporate Governance Standards (GCGS) Global Accounting Standards (GAS) Freed...
<ul><li>Redefined Vision  for Global Leadership </li></ul><ul><li>Early preparation for year 2015 </li></ul><ul><li>Format...
<ul><li>The GAPI will be a nodal agency providing </li></ul><ul><li>Common designation to professionals  </li></ul><ul><li...
<ul><li>The members of the GAPI shall be: </li></ul><ul><li>Representatives of Professional Institutes </li></ul><ul><li>R...
we will always stay ahead Thank You Globe  Ahead Rest of World India By joining hands
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Globalisation of professional services

  1. 1. Globalisation of Professional Services Beyond Borders Pavan Kumar Vijay, President, ICSI Borders
  2. 2. YEAR 2005
  3. 3. Opening of the Services Sector Under WTO
  4. 4. Pessimism Threat of Invasion of Service Sector by 145 Member Countries of WTO in India
  5. 5. Threat Threat Threat Threat
  6. 6. Optimism Opportunity to Invade Service Sector of 145 Member Countries of WTO by India
  7. 7. Opportunities Opportunities Opportunities Opportunities
  8. 8. <ul><li>Multinational Corporate Governance </li></ul><ul><li>International Regulatory Framework </li></ul><ul><li>International Commercial Arbitration </li></ul><ul><li>International Fund Raising </li></ul><ul><li>Intellectual Property Rights </li></ul><ul><li>Business Process Outsourcing </li></ul><ul><li>Management Consultancy Services </li></ul>Global Opportunities
  9. 9. <ul><li>Access to Global Market </li></ul><ul><li>Access to Global Suppliers </li></ul><ul><li>Access to Global Financial Resources </li></ul><ul><li>Access to Global Manpower </li></ul><ul><li>Access to Global Best Practices </li></ul><ul><li>Access to Global Research </li></ul>Global Benefits
  10. 10. <ul><li>Quality of Service </li></ul><ul><li>Time Commitment </li></ul><ul><li>International Operational Infrastructure </li></ul><ul><li>High degree of competition among professionals </li></ul><ul><li>Enhanced responsibility towards international community </li></ul><ul><li>International language and cross-cultural issues </li></ul><ul><li>Key Relationships in Foreign Countries </li></ul>Global Challenges
  11. 11. <ul><li>Coming Together is Beginning </li></ul><ul><li>Meeting Together is Progress </li></ul><ul><li>and </li></ul><ul><li>Working Together is Success </li></ul>Henry Ford
  12. 12. <ul><li>Hence threats can always be converted into opportunities by synergising on core competencies i.e </li></ul>Brand Knowledge <ul><ul><li>Infrastructure </li></ul></ul><ul><ul><li>Capital </li></ul></ul>
  13. 13. Think C-Commerce i.e Collaborative Commerce How about CS, CA, CWA, Lawyers, MBA and IT professionals coming together to create multinational mega firms ?
  14. 14. Corporate Laws Economic Laws Taxation Laws WTO & IPR International Law IT & BPO Management Consulting Quality of Service Finance and Accounting Commerce Brand Synergy Infrastructure Synergy Capital Synergy Collaborative Consulting Model Single Window Interface Knowledge Synergy Global Presence Growing Revenues Growing Customers Growing Nations CS + CA + CWA + LLB + IT + MBA
  15. 15. <ul><li>United We Stand – Divided We Fall </li></ul><ul><li>Global Reach of Professionals </li></ul><ul><li>Wider Area of Expertise </li></ul><ul><li>Active Networking and Public Relations </li></ul><ul><li>Global Infrastructure Sharing </li></ul><ul><li>Best Practices/ Expertise in Management of Firm </li></ul>Multinational Mega Firms
  16. 16. Speed of Service Delivery Quality of Service Make Global Brands Effective Customer Relationship Global Presence Big Size of Firm Professional Ethics
  17. 17. YEAR 2015
  18. 18. We will see Global Business Law (GBL) Global Corporate Governance Standards (GCGS) Global Accounting Standards (GAS) Freedom from Economic Boundaries
  19. 19. <ul><li>Redefined Vision for Global Leadership </li></ul><ul><li>Early preparation for year 2015 </li></ul><ul><li>Formation of Global Association of Professional Institutes or the GAPI </li></ul><ul><li>Constitution of International Perspective Committee and Dedicated Section at ICSI </li></ul><ul><li>Constitution of Working Group on WTO </li></ul><ul><li>Synergising on Network of NISIET (Hyd) </li></ul><ul><li>Opening Chapters of ICSI in Foreign Countries </li></ul>ICSI Strategy
  20. 20. <ul><li>The GAPI will be a nodal agency providing </li></ul><ul><li>Common designation to professionals </li></ul><ul><li>Affiliation of Professional Institutes </li></ul><ul><li>Professional Database Services </li></ul><ul><li>Common Code of Conduct </li></ul><ul><li>Disciplinary Action Process </li></ul><ul><li>Dispute Resolution </li></ul>G lobal A ssociation of P rofessional I nstitutes
  21. 21. <ul><li>The members of the GAPI shall be: </li></ul><ul><li>Representatives of Professional Institutes </li></ul><ul><li>Representatives each from World Bank, IMF, ADB, UN, WTO, etc </li></ul><ul><li>Representatives from academia, government, industry experts, etc </li></ul>G lobal A ssociation of P rofessional I nstitutes
  22. 22. we will always stay ahead Thank You Globe Ahead Rest of World India By joining hands
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