Thinking visionary icsi - fbd member-june[1]

transcript

Thoughts being shared by

Pavan Kumar Vijay, President ICSI

Thinking Visionary

“If you can dream it,

you can do it”

“In ever shrinking world vision must cross boundaries”

“Corporate Governance has assumed a place of strategic

importance globally”

Corporate Governance is our Core Competence

Therefore we have redefined our vision

ICSI Vision

“To be global leader in development of professionals specialising in

corporate governance”

ICSI Mission

“To continuously develop high calibre

professionals ensuring good corporate

governance and effective management and to

carry out proactive research and development

activities, for protection of interest of all

stakeholders, thus contributing to public

good”

“Thoughts are the seeds that create destiny”

So Think

Positive Global

Ethical

Developing a Vision for PCS

global

ethical

presence providing

principles”

“To be part of practising firms having

quality of professional services on

Opportunities are Unlimited

Think Positive

Opportunities are Unlimited

CorporateLaws

SEBI and Capital Market

Banking andFinancial Services

UnexploredAreas

Corporate Laws

• Corporate Governance

• Secretarial Compliance Audit

• Signing of Annual Return

• Pre-certification

• National Company Law Tribunal

• Corporate Mergers

• Private Liquidator

• Board Meetings through Video Conferencing

SEBI and Capital Market

• Corporate Governance• Central Listing Authority• Due Diligence• Compliance Audit of Intermediaries• Securities Appellate Tribunal (SAT) • Simultaneous Listing• Online Public Issue (E-IPO)• Buyback of Shares• Delisting of Shares

Banking and Financial Services

• Non Performing Assets

• Asset Reconstruction

• Asset Management

• Documentation

• Charges

• Due Diligence of Borrowers

• Insurance and Mutual Funds

• NBFC Compliances

Unexplored Areas

• Economic, Industrial and Labour Laws

• Finance, Accounting and Tax Laws

• Foreign Collaborations/ Joint Ventures

• WTO and Intellectual Property Rights

• International Contracts

• Arbitration and ADR

• Due Diligence

• ISO 9001:2000 Audit and Consulting

Astrologers predict the future

Think Corporate Leadership

Leaders create the future

MEMBERSSOCIETY

LENDERSREGULATORS

EMPLOYEESINDUSTRY

SUPPLIERSGOVERNMENT

CUSTOMERS

CS is a Vital Link

CORPORATE COMMUNICATION

STRATEGY

SECRETARIAL AND LEGAL

FINANCIAL

HUMAN RESOURCES

INFORMATION TECHNOLOGY

SALES AND MARKETING

R&D AND PRODUCTION

COMPANY SECRETARY

CS is the Foundation of Successful Companies

CS is Everywhere in Company

STRATEGY• Core of Decision Making Process• Planning and Executing Turnaround Strategies• Mergers, Acquisition and Takeover (MAT)• Investment Decisions• New Factory or Unit or Transfer• Global Risk Management• Join Ventures and Collaborations

SECRETARIAL & LEGAL

• Corporate Governance Requirements

• Compliance of all Laws

• Compliance of Listing Agreement

• Legal Documentations

• Preparation for Litigation

• Arbitration and ADR

FINANCIAL• Balance Sheet and Audit Committee• Project Planning and Evaluation• Financing of Projects• Internal Audit• Transfer Pricing• Tax Management• Asset management• Investment Analysis and Reporting

HUMAN RESOURCES• Compliance of Labour Laws• Appointment of Senior Management

Personnel• Compensation Management• Organisational Change Manager• Industrial Safety and Working Conditions• Industrial Relations• Immigration and Emigration

• Cyber Laws and Digital Signature

• Electronic Records and Online Filing

• Control Policy and Internal Code of Conduct

• Information Risk Management

• Information System Design

• Information System Audit

SALES AND MARKETING• Consumer Protection Act Cases• Competition Act and Unfair Trade

Practices• Sales Tax Management • Packaging Rules• Agreements with Customers• Arbitration and Dispute Settlements with

Customers

R&D AND PRODUCTION

• Intellectual Property Rights – Patenting Products, Process, Designs, etc

• Compliance of Industrial Laws

• Compliance of Environment Laws

• Industrial Safety Policy

• Ensuring Better Working Conditions

• Conducting high profile meetings

• Communication with all stakeholders

• Board and Employees

• Investors and Stock Exchanges

• Government and Regulators

• Press and Electronic Media Liaison

• General Public

Everything we discussed here is taught at the

We have seen CS is everywhere

STRATEGY

SECRETARIALAND LEGAL

FINANCIAL

HUMAN RESOURCES

MARKETING

R&D AND PRODUCTION

Hence Company Secretary is

Strategic Manager and Corporate Planner

Conscience Seeker

Competitive Differentiator

Agent of Corporate Growth

Extended Arm of Government

Geography is History Now

Think Global

YEAR 2005

Opening of the Services Sector

Under WTO

Perception 1

Threat Threat

Pessimism

Threat of Invasion of Service Sector by 145 Member Countries of WTO in India

Perception 2

OpportunitiesOpportunities

portunities

Optimism

Opportunity to Invade Service Sector of 145 Member Countries of WTO by India

Global Opportunities

• Multinational Corporate Governance

• International Regulatory Framework

• International Fund Raising

• Intellectual Property Rights

• Business Process Outsourcing

Global Challenges

• Quality of Service

• Time Commitment

• International Operational Infrastructure

• High degree of competition among professionals

Global Strategy of ICSI

• Redefined Vision for Global Leadership

• Constitution of International Perspective Committee and Dedicated Section at ICSI

• Constitution of Working Group on WTO

• Synergising on Network of NISIET (Hyd)

• Opening Chapters of ICSI in Foreign Countries

• International Trip for Members

Threats can always be converted into opportunities by synergising on core competencies i.e. Brand, Knowledge,

Infrastructure and Capital

Synergy Comes from:

Collaborative Strategies

Collaborative Processes

Collaborative Services

Think C-Commerce i.e Collaborative Commerce

How about collaborating with co-members and creating multinational mega firms?

CorporateLaws

EconomicLaws

TaxationLaws

WTO & IPR

InternationalLaw

IT & BPO

ManagementConsulting

Quality of

Service

Finance and Accounting

Commerce

BrandSynergy

InfrastructureSynergy

CapitalSynergy

Collaborative Consulting Model

SingleWindowInterface

KnowledgeSynergy

GlobalPresence

Growing Revenues

Growing Customers

Growing Nations

Multinational Mega Firms on C-Commerce

Benefits of Multinational Mega Firms

• United We Stand – Divided We Fall

• Global Reach of Professionals

• Wider Area of Expertise

• Active Networking and Public Relations

• Global Infrastructure Sharing

• Best Practices/ Expertise in Management of Firm

We have seen fall of a Fortune 500 company in less than a year

Closure of one of the oldest and biggest professional firms in international practice

Leading to

Think Professional Ethics

ICSI Professional Ethics Strategy

• Strongly following professional principles of integrity and independence

• Strictly enforcing Code of Conduct

• Following effective and fast disciplinary action process (3 to 6 Months)

• Peer review and audit of company secretaries in practice

ICSI Initiatives for Members

• Creating Mass Awareness about Profession• Redefining Discipline and Code of Conduct• Continuous Professional Development

– PMQ Courses and Short Term Certificate Courses

– Workshops, Seminar and Conventions– Compulsory Continuing Education– Compulsory Article, Research Paper or

Presentation by each member

• Database of member on the www.icsi.edu• Online firm name availability check and firm

registration• Rationalisation of Company Secretaries

Regulation• Facilities for Growth of Members

– Professional Indemnity Insurance Cover – Practice Management Solution (ERP) – Tie-up with Commercial Banks for Office

Equipment Loan

Understanding You• Identifying unemployed members and reasons for

unemployment• Professional counseling and personality

development• Imparting new skills – special short term courses• Identifying companies not employing company

secretary or where members can act in other capacity• Using professional placement service agencies• Using www.icsi.edu and Member’s References

Different Services

CERTIFICATION

ADVISORY ANDCONSULTANCY

AUTHORISEDREPRESENTATIVE

DUE DILIGENCE

PROCEDURAL

OUTSOURCING

Different Scales

SMALL SCALE

MEDIUMSCALELARGE

Different Industries

AUTOMOBILE

FINANCIALSERVICES

BANKING

PHARMACEUTICAL

PROJECTS ANDCONSTRUCTION

ELECTRCALS &ELECTRONICS

Functions of CS vary from segment to segment

ICSI is coming out with brochures on

Segment-wise Role of Company Secretaries

The ICSI is

CHANGING

ICSI Brand

• New Vision and Mission Statements

• New Style of writing the name of the Institute

• New Standard Colour Scheme

• New Baseline/ Tagline

• New Brand Communication tools – advertisement, profile, prospectus, brochures, letterhead, visiting card and other printed material

ICSI Advertisements

Change requires the strength of

ICSI Parivar

Members

A Closely Knit Family of Professionals

Students

Human Resources

ICSI Parivar

• Mutual Trust, Transparency and Togetherness

• Unrestricted Communication and Continuous Feedback

• Sharing Knowledge, Success Stories and Experience

• Communication of feelings and Sharing Happiness and Concerns

• Helping Each Other – Round the Clock

Expectations from Us

• Active participation in programmes

• Subscription to various publication

• Management Training in our companies/ firms

• Help in placement of our members

• Subscription to Benevolent Fund

• Volunteer in Change Process at ICSI

1 and 1 can make 11and

we are over 16 thousand 1s

At ICSI Parivar we can surely do wonders

Finally Business is like a

Car Race

ICSI helps you

Design the Car

ICSI guides you

The Road Ahead

ICSI teaches you

How to Drive the Car

who have to actually drive the car and win the race

Its YOU