Value Creation Through Excellence

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Value Creation Through Excellence

  1. 1. Value Creation through Excellence JAIPUR CHAPTER, ICSI
  2. 3. Excellence <ul><li>“ Excellence is to do a common thing in an uncommon way” </li></ul><ul><li>-Booker T. Washington </li></ul>
  3. 4. Different facet of Excellence
  4. 5. Value Creation <ul><li>“ The Value of Achievement lies in Achieving…. </li></ul><ul><li>And Value is created when Excellence is Achieved” </li></ul>
  5. 6. Value Creation
  6. 8. <ul><li>Role as a Company Secretary </li></ul>“ Company Law Secretary” “ Company Secretary” “ Professional”
  7. 9. <ul><li>Branding of a Company Law Secretary is………… </li></ul>
  8. 10. <ul><li>Some Myth and Queries……………. </li></ul><ul><li>are still there in the minds of Company Secretaries </li></ul><ul><li>What is the Role of Company Secretary ? </li></ul><ul><li>Whether this Degree is sufficient? </li></ul><ul><li>What type of profile I will get? </li></ul>
  9. 11. General Perception About A Company Secretary
  10. 12. Doors are Open, Decision Is Yours……
  11. 13. Edge from other Profession
  12. 14. Difference in Gaining Knowledge & Practice
  13. 15. <ul><li>Areas of Study </li></ul>
  14. 16. Subjects We Study
  15. 17. 20% 100% ……… WHY ? 2%
  16. 18. Virtues of our Profession Can Take Active participation in all Strategic decisions.
  17. 19. CS Profession is Beyond Company Law …………
  18. 20. <ul><li>We are Taught more than just laws . </li></ul><ul><li>But Do we……. Use all of them?? </li></ul>
  19. 21. <ul><li>Gaining an insight beyond company law </li></ul>
  20. 22. <ul><li>You Can Create a Difference…………………. </li></ul><ul><li>By Exploring Yourself & Grabbing new opportunities </li></ul>
  21. 23. Who is Company Secretary
  22. 24. <ul><li>COMPANY POLICIES </li></ul>OPERATIONAL PLANNING AND EXECUTION BOARD OF DIRECTORS CORPORATE PLANNING LEGAL FINANCE AND ACCOUNTS HUMAN RESOURCES CORPORATE COMMUNICATION PRODUCTION AND OPERATIONS MARKETING INFORMATION TECHNOLOGY DEPARTMENTS IN A COMPANY EXTERNAL STAKEHOLDERS DIR A DIR B DIR C DIR D DIR E INVESTORS GOVERNMENT AND REGULATORS SOCIETY SUPPLIERS CUSTOMERS LENDERS
  23. 25. <ul><li>Coordinate between various departments and all stakeholders, </li></ul><ul><li>Ensure compliance of all applicable laws and </li></ul><ul><li>Develop mutual trust between various stakeholders </li></ul><ul><li>The person must have adequate knowledge of Management and Law </li></ul>Functions of A Company Secretary
  24. 26. <ul><li>COMPANY POLICIES </li></ul>OPERATIONAL PLANNING AND EXECUTION BOARD OF DIRECTORS CORPORATE PLANNING LEGAL FINANCE AND ACCOUNTS HUMAN RESOURCES CORPORATE COMMUNICATION PRODUCTION AND OPERATIONS MARKETING INFORMATION TECHNOLOGY 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
  25. 27. Company Secretary in Employment Company Policies Management Functions Regulatory Compliances Ethics and Mutual Trust COMPANY SECRETARY navigates the CORPORATE GROWTH with GOOD GOVERNANCE
  26. 28. <ul><li>Company Secretary is a </li></ul><ul><li>Special Kind of Generalist </li></ul><ul><li>who contributes significantly in all </li></ul><ul><li>departments of the Company </li></ul>
  27. 29. <ul><li>Knowledge of both Management and Law becomes his USP and Core Competence </li></ul>
  28. 30. <ul><li>Whether Degree of Company Secretary alone is Sufficient? </li></ul>
  29. 32. <ul><li>Value Creation through Various Segments </li></ul>
  30. 33. <ul><li>Segment wise role of </li></ul><ul><li>Company Secretary </li></ul>
  31. 34. <ul><li>Specialization of Company Secretaries </li></ul><ul><li>vary from Segment to Segment </li></ul>
  32. 35. Different Services DUE DILIGENCE DOCUMENTATION COMPLIANCES REPRESENTATION CORPORATE GOVERNANCE AUDIT ADVISORY
  33. 36. Different Knowledge Areas IPR & GENERAL BUSINESS LAWS STRATEGIC MANAGEMENT CORPORATE AND SECURITIES LAWS FINANCE, ACCOUNTs AND TAXATION IT AND CYBER LAWS HRD AND INDUSTRIAL LAWS ENVIRONMENT LAWS INTERNATIONAL TRADE LAW
  34. 37. Different Corporate Structures Public Sector Undertakings Private Limited Companies Trusts And NGOs Coop Societies And Producer Companies Municipal Boards Semi-government Organisation Unlisted Public Companies Listed Public Companies Unexplored Organisations
  35. 38. Different Industries Media And Entertainment Infrastructure, Power And Telecom IT Solutions IT Enabled Services And BPO Textiles Tourism And Hotel Capital Market And Its Intermediaries Engineering and Construction FMCG Agriculture And Food Processing Capital Goods Drugs, Pharma And Healthcare Banking And NBFC Financial Services
  36. 39. Different Scales of Operations SMALL SCALE MEDIUM SCALE LARGE SCALE
  37. 40. Different Geographies Global Operations Indian Operations
  38. 41. <ul><li>Time Has Come to Go Global </li></ul>
  39. 42. <ul><li>Globalization of trade in goods and services </li></ul><ul><li>will increase demand in foreign countries </li></ul>
  40. 43. International Opportunities <ul><li>Corporate Governance </li></ul><ul><li>Advisory and Compliances in Multinational Regulatory Environment </li></ul><ul><li>Investment Advisory </li></ul><ul><li>Intellectual Property Rights </li></ul><ul><li>Commercial Arbitration and ADR </li></ul><ul><li>Cross Border Restructuring </li></ul><ul><li>LPO and KPO </li></ul><ul><li>International Taxation </li></ul><ul><li>Transfer Pricing </li></ul>
  41. 44. <ul><li>Impact of </li></ul><ul><li>Information Technology </li></ul>
  42. 45. The IT Revolution How IT can change the Professionals Life
  43. 46. The IT Revolution A thought few years back…. which has become a reality now!!!
  44. 47. The IT Revolution PEN PC
  45. 48. The IT Revolution PEN PC
  46. 49. The IT Revolution PEN PC
  47. 50. The IT Revolution Virtual Keyboard
  48. 51. The IT Revolution Virtual Keyboard
  49. 52. The IT Revolution Virtual Keyboard
  50. 53. How much time we are devoting for Routine Compliance Strategy Planning
  51. 54. 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
  52. 55. Use Tools available On Takeover Code
  53. 56. Use Tools available On Limited Liability Partnership
  54. 57. Use Tools available On Delisting
  55. 58. Use Tools Available On Corporate Compliance Management
  56. 59. Use Tools available On Startbiz
  57. 60. Use Tools available On Due Diligence
  58. 61. 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
  59. 62. 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 HUMAN RESOURCES PRODUCTION & OPERATIONS MARKETING INFORMATION TECHNOLOGY EMPLOYEES
  60. 63. C- C ommerce
  61. 64. <ul><li>Teams win Matches </li></ul>
  62. 65. <ul><li>Be it Sports or Practicing Firms </li></ul>
  63. 66. Global Success Call for Synergy of Brand Knowledge <ul><ul><li>Infrastructure </li></ul></ul><ul><ul><li>Capital </li></ul></ul>Let Collaboration be Buzz Word for Us
  64. 67. Quality of Service 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 and Accounting
  65. 68. Advantages of Mega Firms <ul><li>Risk Minimization </li></ul><ul><li>Wider Area of Expertise </li></ul><ul><li>Wider Geographic Reach </li></ul><ul><li>Firm’s Strength – Enhancing Brand Equity </li></ul><ul><li>Active Networking and Public Relations </li></ul><ul><li>Infrastructure Sharing </li></ul><ul><li>Overhead Sharing </li></ul><ul><li>Close Self Help Group </li></ul><ul><li>Best Practices/ Expertise in Firm Management </li></ul>
  66. 69. <ul><li>Journey </li></ul><ul><li>of </li></ul><ul><li>Survival </li></ul>
  67. 70. <ul><li>&quot;A man, as a general rule, owes very little to what he is born with ? A man is what he makes himself .&quot; – </li></ul><ul><li>- Alexander Graham Bell </li></ul>
  68. 71. <ul><li>No excuses for being un-updated </li></ul>
  69. 72. “ Don't try too hard to fit in; You were born to stand out .”
  70. 73. Avenues in Changing Business Dynamics
  71. 74. No more Old Laws…….. “ Its Time To Change”
  72. 75. Arena of Change……………
  73. 76. Laws That Are Already Changed
  74. 77. Still More Changes to come
  75. 78. <ul><li>Success Mantra for </li></ul><ul><li>Company Secretaries </li></ul>
  76. 79. To teach you the some of the lessons from the treasure called life Let me share a story with you on ACHIEVING YOUR DREAMS…
  77. 80. The story about the tiny frogs....         
  78. 81. There once was a bunch of tiny frogs...                                   ... who arranged a running competition. The goal was to reach the top of a very high tower.     
  79. 82. A big crowd had gathered around the tower to see the race and cheer on the contestants...                    The race began...                                                  
  80. 83. Honestly: No one in crowd really believed that the tiny frogs would reach the top of the tower. You heard statements such as: &quot;Oh, WAY too difficult!! They will NEVER make it to the top.&quot; or: &quot;Not a chance that they will succeed. The tower is too high!&quot;
  81. 84. The tiny frogs began collapsing. One by one...
  82. 85. ... Except for those who in a fresh tempo were climbing higher and higher...                         
  83. 86. The crowd continued to yell &quot;It is too difficult!!! No one will make it!&quot;
  84. 87. More tiny frogs got tired and gave up... ...But ONE continued higher and higher and higher...
  85. 88. This one wouldn't give up!
  86. 89. At the end everyone else had given up climbing the tower. Except for the one tiny frog who after a big effort was the only one who reached the top! THEN all of the other tiny frogs naturally wanted to know how this one frog managed to do it?
  87. 90. contestant asked the tiny frog how the one who succeeded had found the strength to reach the goal?      It turned out...
  88. 91. That the winner was DEAF!!!!
  89. 92. It turned out... That the winner was DEAF!!!!      The wisdom of this story is:      Never listen to other people's tendencies to be negative or pessimistic... ...cause they take your most wonderful dreams and wishes away from you.... The ones you have in your heart!
  90. 93. Always think of the power words have. Because everything you hear and read will affect your actions! Therefore: ALWAYS be...       POSITIVE!
  91. 94. And above all:        Be DEAF when people tell YOU that YOU can not fulfil YOUR dreams! Always think: I CAN DO THIS!
  92. 95. <ul><li>Opportunities are Unlimited </li></ul>
  93. 96. <ul><li>Leaders Create Opportunities </li></ul><ul><li>and keep growing higher and higher… </li></ul>
  94. 97. <ul><li>Incompetents wait for Opportunities </li></ul><ul><li>and they keep on waiting… </li></ul>
  95. 98. <ul><li>Its just a matter of </li></ul><ul><li>Creativity , Confidence and Communication </li></ul>
  96. 99. <ul><li>… and also Perception and Positive Thinking </li></ul>
  97. 100. <ul><li>Now……. you will become </li></ul><ul><li>“ ACS” </li></ul>
  98. 101. <ul><li>We should understand the Role of Both </li></ul><ul><li>“ ICSI & You” </li></ul>
  99. 102. Finally Profession is like a Car Race
  100. 103. Finally Profession is like a Car Race
  101. 104. ICSI helps You Design the Car
  102. 105. ICSI guides you The Road Ahead
  103. 106. ICSI teaches you How to Drive the Car
  104. 107. ICSI makes rules for Safe Driving
  105. 108. ICSI gives you License to Drive
  106. 109. who have to actually drive the car safely and win the race Its YOU

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