Exploring opportunities smtp - feb 2009

FEB 2009

Pavan Kumar Vijay,
Past President, ICSI,
Managing Director

Who is C.S

Opportunities Segment wise
are Unlimited Role

Agenda for
Success
Success
Mantra for Impact of IT
C.S.

C Commerce

Who We Are?

“Professional”

“Company Law Secretary”

“Company Secretary”

Whether Individual Branding of Company Secretary is ?

Impressive

Defective

Some Myth and Queries…………….
are still there in the minds of Company Secretaries

 What is the Role of Company Secretary?

 Whether this Degree is sufficient?

 What type of profile I will get?

First Item

Who is
Company Secretary

BOARD OF
DIRECTORS DIR A DIR B DIR C DIR D DIR E
COMPANY POLICIES

INVESTORS CUSTOMERS

GOVERNMENT AND
SUPPLIERS
EXTERNAL STAKEHOLDERS REGULATORS

LENDERS SOCIETY

DEPARTMENTS IN A COMPANY
CORPORATE FINANCE AND HUMAN CORPORATE PRODUCTION INFORMATION
LEGAL MARKETING
PLANNING ACCOUNTS RESOURCES COMMUNICATION OPERATIONS
AND TECHNOLOGY

OPERATIONAL PLANNING AND EXECUTION
Who is Company Secretary

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


BOARD OF
DIRECTORS DIR A DIR B DIR C DIR D DIR E
CS is the Principal
Officer of the COMPANY POLICIES
Company

INVESTORS CUSTOMERS

SUPPLIERS COMPANY GOVERNMENT AND
EXTERNAL STAKEHOLDERS
SECRETARY REGULATORS

LENDERS SOCIETY

DEPARTMENTS IN A COMPANY
CORPORATE FINANCE AND HUMAN CORPORATE PRODUCTION INFORMATION
LEGAL MARKETING
PLANNING ACCOUNTS RESOURCES COMMUNICATION OPERATIONS
AND TECHNOLOGY

OPERATIONAL PLANNING AND EXECUTION

Company Secretary in Employment

The Company Secretary, a professional bound by the
Code of Conduct, aligns various management functions
with company policies, ensures compliance of all
applicable laws and endeavors to develop mutual trust
between various stakeholders leading to good corporate
governance and sustainable growth of the company.


Company Secretary in Employment

Ethics and
Mutual Trust

Regulatory
Compliances

Management
Functions COMPANY SECRETARY
navigates the
Company CORPORATE GROWTH
Policies with
GOOD GOVERNANCE


Company Secretary in Practice

The Company Secretary in Practice is an independent
professional, bound by the Code of Conduct, rendering
audit, advisory and representation services in 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


Whether Degree of Company Secretary alone is
Sufficient?


Second Item

Segment wise role of
Company Secretary

Specialization of Company Secretaries
vary from Segment to Segment

Segment wise role of Company Secretary

CORPORATE
AUDIT ADVISORY
GOVERNANCE

Different Services REPRESENTATION

DUE DILIGENCE DOCUMENTATION COMPLIANCES


Different Knowledge Areas

STRATEGIC IPR & GENERAL
MANAGEMENT BUSINESS LAWS

CORPORATE AND INTERNATIONAL
SECURITIES LAWS TRADE LAW

FINANCE, ACCOUNTs ENVIRONMENT
AND TAXATION LAWS

IT AND HRD AND
CYBER LAWS INDUSTRIAL LAWS


Different Corporate Structures

Listed Public Semi-government
Companies Organisation

Unlisted Public
Municipal Boards
Companies

Private Limited Coop Societies And
Companies Producer Companies

Public Sector
Trusts And NGOs
Undertakings

Unexplored Organisations


Different Industries

Capital Market And
Tourism And Hotel Financial Services
Its Intermediaries

Textiles Banking And NBFC

IT Enabled Drugs, Pharma
Services And BPO And Healthcare

IT Solutions Capital Goods

Infrastructure, Agriculture And
Power And Telecom Food Processing

Media And Engineering and
FMCG
Entertainment Construction


Different Scales of Operations

LARGE

SCALE

MEDIUM

SCALE SMALL
SCALE


Different Geographies

Global
Operations
Indian Operations


Time Has Come to Go Global


Globalization of trade in goods and services
will increase demand in foreign countries


International Opportunities

Corporate Governance
Advisory and Compliances in Multinational Regulatory
Environment
Investment Advisory
Intellectual Property Rights
Commercial Arbitration and ADR
Cross Border Restructuring
LPO and KPO
International Taxation
Transfer Pricing


Third Item

Impact of
Information Technology

The IT Revolution

How IT can change the
Professionals Life

Impact of Information Technology

The IT Revolution

A thought few years back….
which has become a reality now!!!


The IT Revolution
PEN PC


The IT Revolution
Virtual Keyboard


How much time we are devoting for

Strategy
Planning

Routine
Compliance

Challenges for Company Secretaries
An Ordinary Company Secretary
20%
Strategy Problem Solving

Research Management

Representation Coordination
80%
Notices Registers

Agenda Returns

Minutes Checklists


Use Tools available
On Takeover Code


Use Tools Available
On Corporate Compliance Management


Use Tools available
On Incorporation


Use Tools available
On Due Diligence


IT is a Powerful Tool for Company Secretaries

IT Enabled Company Secretary
80%
Strategy Problem Solving

Research Management

Representation MIS
20%
Notices Registers

Agenda Returns

Minutes Checklists


IT is a Powerful Tool for Company Secretaries
IT Enabled CS Does A Lot and
Keeps Everyone Happy
CORPORATE FINANCE &
LEGAL
PLANNING ACCOUNTS
INVESTORS

HUMAN
EMPLOYEES RESOURCES

PRODUCTION
LENDERS & OPERATIONS

MARKETING
SUPPLIERS

INFORMATION
CUSTOMERS GOVERNMENT SOCIETY
TECHNOLOGY


Fourth Item

C-Commerce

Teams win Matches

C-Commerce

Be it Sports or Practising Firms

C-Commerce

Global Success Call for Synergy of

Brand
Knowledge

Capital Infrastructure

Let Collaboration be Buzz Word for Us
C-Commerce

Corporate
Laws
Brand Economic
Synergy Taxation Laws Quality Growing
of Revenues
Laws Service
Knowledge
Single
Synergy WTO & IPR Window
International Interface Growing
Infrastructure Trade Law Customers
Synergy Global
IT & BPO Presence
Capital Management
Synergy Consulting
Finance and Growing
Accounting Nations
CS + CA + CWA
Commerce
Collaborative Commerce
+ MBA + LLB

C-Commerce

Advantages of Mega Firms
Risk Minimisation
Wider Area of Expertise
Wider Geographic Reach
Firm’s Strength – Enhancing Brand Equity
Active Networking and Public Relations
Infrastructure Sharing
Overhead Sharing
Close Self Help Group
Best Practices/ Expertise in Firm Management

C-Commerce

Fifth Item

Success Mantra for
Company Secretaries

Mantra for Company Secretaries

Part I


Once upon a time a rabbit and a tortoise 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.


The Rabbit shot ahead and ran fast 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.


The tortoise plodding on overtook him and soon
finished the race, emerging as the undisputed
champ.


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”


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………….


Part II


The Rabbit was disappointed at losing the race and
Defect Prevention (Root
he did some
Cause Analysis). He realized that he'd lost the
race only because he had been overconfident,
careless and negligent.


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.


This time, the rabbit went all out and ran without
stopping from start to finish. He won by several miles.


The moral of the story？
Fast and consistent will always beat
the slow and steady.


But the story doesn't end here……..


Part III


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.


He thought for a while, and then challenged
the rabbit to another race, but on a slightly
different route.


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.


The finishing line was a couple of kilometers on the
other side of the river.


The rabbit 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.


The moral of the story?
First identify your core competency
and then change the playing field to
suit your core competency.


The story still hasn't ended.


Part IV


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.


So they decided to do the last race again, but to run
as a team this time.


They started off, and this time the rabbit carried the
tortoise till the riverbank. There, the tortoise took over
and swam across with the rabbit on his back.


On the opposite bank, the rabbit again carried the
tortoise and they reached the finishing line together.
They both felt a greater sense of satisfaction than
they'd felt earlier.


The moral of the story?

•It's good to be individually brilliant and to have
strong core competencies; but unless you're able to
work in a team and harness each other's core
competencies,
• You'll always perform below par because there will
always be situations at which you'll do poorly and
someone else does well.


Teamwork is mainly about Situational
Leadership, letting the person with the
relevant core competency for a situation take
leadership.


There are more lessons to be learnt from this story.


Note that neither the rabbit nor the tortoise gave up
after failures. The rabbit decided to work harder and
put in more effort after his failure.


The tortoise changed his strategy because he was
already working as hard as he could. In life, when
faced with failure, sometimes it is appropriate to
work harder and put in more effort.


Sometimes it is appropriate to change strategy and
try something different. And sometimes it is
appropriate to do both.


The rabbit and the tortoise also learnt another vital
lesson. When we stop competing against a rival and
instead start competing against the situation, we
perform far better.


Story
on
“Situational
Leadership”


When Roberto Goizueta
took over as CEO of Coca-
Cola in the 1980s, he was
faced with intense
competition from Pepsi that
was eating into Coke's
growth.


His executives were
Pepsi-focused and intent
on increasing market
share 0.1 per cent a time.


Goizueta decided to stop
competing against Pepsi
and instead compete
against the situation of 0.1
per cent growth.


He asked his executives
what was the average fluid
intake of an American per
day? The answer was 14
ounces. What was Coke's
share of that? Two ounces.
Goizueta said Coke
needed a larger share of
that market.


The competition wasn't Pepsi.
It was the water, tea, coffee,
milk and fruit juices that went
into the remaining 12 ounces.
The public should reach for a
Coke whenever they felt like
drinking something.


To this end, Coke put up
vending machines at every
street corner. Sales took a
quantum jump and Pepsi
has never quite caught up
since.


To sum up, the story of the Rabbit and Tortoise
teaches us many things. Important lessons are:

That fast and consistent will always beat slow and steady;
work to your competencies;

pooling resources and working as a team will always beat
individual performers;

never give up when faced with failure;

and finally, compete against the situation. Not against a
rival.

Opportunities Are Unlimited

Everyone has a DREAM

And

Everyone wants to ACHIEVE it

How?

To teach you the some of the lessons from the
treasure called life

Let me share a story with you on ACHIEVING
YOUR DREAMS…


The story about the tiny frogs....


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.


A big crowd had gathered
around the tower to see
the race and cheer on the contestants...

The race began...


Honestly:
No one in crowd really believed that the
tiny frogs would reach the top of the tower.

You heard statements such as:
"Oh, WAY too difficult!!
They will NEVER make it to the top."

or:
"Not a chance that they will succeed.
The tower is too high!"


The tiny frogs began collapsing. One by one...


... Except for those who in a fresh tempo
were climbing higher and higher...


The crowd continued to yell
"It is too difficult!!! No one will make it!"


More tiny frogs got tired and gave up...
...But ONE continued higher and higher and higher...


This one wouldn't give up!


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?


contestant asked the tiny frog how the one
who succeeded had found the
strength to reach the goal?

It turned out...


That the winner was DEAF!!!!


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!


Always think of the power words have.

Because everything you hear and read
will affect your actions!

Therefore: ALWAYS be...

POSITIVE!


And above all:

Be DEAF when people tell YOU that
YOU can not fulfil YOUR dreams!

Always think:

I CAN DO THIS!


Sixth Item

Opportunities are Unlimited

Leaders Create Opportunities
and keep growing higher and higher…


Incompetents wait for Opportunities
and they keep on waiting…


Its just a matter of
Creativity, Confidence and Communication


…and also Perception and Positive Thinking


Now……. you will become

“ACS”


We should understand the Role of Both

“ICSI & You”


Finally Profession 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


ICSI makes rules for

Safe Driving


ICSI gives you

License to Drive


Its YOU
who have to actually

drive the car safely
and win the race

Exploring opportunities smtp - feb 2009

Exploring opportunities smtp - feb 2009

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Exploring opportunities smtp - feb 2009