The presentations explains the role of company secretaries in implementing compliance management system in an organisation and the opportunities available to them like corporate governance, collaborative commerce and increasing role of information technology.
8. DIR A DIR B DIR C DIR D DIR E INVESTORS CUSTOMERS GOVERNMENT AND REGULATORS SUPPLIERS SOCIETY LENDERS BOARD OF DIRECTORS COMPANY POLICIES EXTERNAL STAKEHOLDERS DEPARTMENTS IN A COMPANY CORPORATE PLANNING LEGAL FINANCE AND ACCOUNTS HUMAN RESOURCES CORPORATE COMMUNICATION PRODUCTION AND OPERATIONS MARKETING INFORMATION TECHNOLOGY OPERATIONAL PLANNING AND EXECUTION Who is Company Secretary
9. 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 Who is Company Secretary
10. DIR A DIR B DIR C DIR D DIR E INVESTORS CUSTOMERS GOVERNMENT AND REGULATORS SUPPLIERS SOCIETY LENDERS BOARD OF DIRECTORS CS is the Principal Officer of the Company COMPANY POLICIES COMPANY SECRETARY EXTERNAL STAKEHOLDERS DEPARTMENTS IN A COMPANY CORPORATE PLANNING LEGAL FINANCE AND ACCOUNTS HUMAN RESOURCES CORPORATE COMMUNICATION PRODUCTION AND OPERATIONS MARKETING INFORMATION TECHNOLOGY OPERATIONAL PLANNING AND EXECUTION Who is Company Secretary
11. 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. Who is Company Secretary
12. SUSTAINABLE GROWTH Company Secretary in Employment Ethics and Mutual Trust Regulatory Compliances Management Functions COMPANY SECRETARY navigates the CORPORATE GROWTH with GOOD GOVERNANCE Company Policies Who is Company Secretary
13. 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. Who is Company Secretary
14. Company Secretary is a Special Kind of Generalist who contributes significantly in all departments of the Company Who is Company Secretary
15. Knowledge of both Management and Law becomes his USP and Core Competence Who is Company Secretary
16. Whether Degree of Company Secretaryaloneis Sufficient? Who is Company Secretary
19. Specialization of Company Secretaries vary from Segment to Segment Segment wise role of Company Secretary
20. CORPORATE GOVERNANCE AUDIT ADVISORY REPRESENTATION COMPLIANCES DOCUMENTATION DUE DILIGENCE Different Services Segment wise role of Company Secretary
21. Different Knowledge Areas IPR & GENERAL BUSINESS LAWS STRATEGIC MANAGEMENT CORPORATE AND SECURITIES LAWS INTERNATIONAL TRADE LAW FINANCE, ACCOUNTs AND TAXATION ENVIRONMENT LAWS IT AND CYBER LAWS HRD AND INDUSTRIAL LAWS Segment wise role of Company Secretary
22. Different Corporate Structures Semi-government Organisation Listed Public Companies Municipal Boards Unlisted Public Companies Private Limited Companies Coop Societies And Producer Companies Public Sector Undertakings Trusts And NGOs Unexplored Organisations Segment wise role of Company Secretary
23. Different Industries Tourism And Hotel Capital Market And Its Intermediaries Financial Services Textiles Banking And NBFC IT Enabled Services And BPO Drugs, Pharma And Healthcare IT Solutions Capital Goods Infrastructure, Power And Telecom Agriculture And Food Processing Media And Entertainment Engineering and Construction FMCG Segment wise role of Company Secretary
24. Different Scales of Operations LARGE SCALE MEDIUM SCALE SMALL SCALE Segment wise role of Company Secretary
26. Time Has Come to Go Global Segment wise role of Company Secretary
27. Globalization of trade in goods and services will increase demand in foreign countries Segment wise role of Company Secretary
28. 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 Segment wise role of Company Secretary
38. Strategy Planning Routine Compliance How much time we are devoting for
39. 20% Problem Solving Strategy Management Research 80% Coordination Representation Registers Notices Returns Agenda Checklists Minutes Challenges for Company Secretaries An Ordinary Company Secretary I Don't Have Time Impact of Information Technology
44. 80% Problem Solving Strategy Management Research 20% MIS Representation Registers Notices Returns Agenda Checklists Minutes IT is a Powerful Tool for Company Secretaries IT Enabled Company Secretary Give Me More Work Impact of Information Technology
45. IT is a Powerful Tool for Company Secretaries IT Enabled CS Does A Lot and Keeps Everyone Happy CORPORATE PLANNING LEGAL FINANCE & ACCOUNTS INVESTORS HUMAN RESOURCES EMPLOYEES PRODUCTION & OPERATIONS LENDERS MARKETING SUPPLIERS GOVERNMENT SOCIETY CUSTOMERS INFORMATION TECHNOLOGY Impact of Information Technology
49. Global Success Call for Synergy of Brand Knowledge Capital Infrastructure Let Collaboration be Buzz Word for Us C-Commerce
50. Corporate Laws Economic Laws Taxation Laws WTO & IPR International Trade Law IT & BPO Management Consulting Finance and Accounting Brand Synergy Quality of Service Growing Revenues Knowledge Synergy Single Window Interface Growing Customers Infrastructure Synergy Global Presence Capital Synergy Growing Nations Commerce CS + CA + CWA + MBA + LLB Collaborative Commerce C-Commerce
51. 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
55. 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. Mantra for Company Secretaries
56. 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. Mantra for Company Secretaries
57. The tortoise plodding on overtook him and soon finished the race, emerging as the undisputed champ. Mantra for Company Secretaries
58. 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” Mantra for Company Secretaries
59. 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…………. Mantra for Company Secretaries
61. 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 negligent. Mantra for Company Secretaries
62. 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. Mantra for Company Secretaries
63. This time, the rabbit went all out and ran without stopping from start to finish. He won by several miles. Mantra for Company Secretaries
64. The moral of the story? Fast and consistent will always beat the slow and steady. Mantra for Company Secretaries
65. But the story doesn't end here…….. Mantra for Company Secretaries
67. 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. Mantra for Company Secretaries
68. He thought for a while, and then challenged the rabbit to another race, but on a slightly different route. Mantra for Company Secretaries
69. 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. Mantra for Company Secretaries
70. The finishing line was a couple of kilometers on the other side of the river. Mantra for Company Secretaries
71. 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. Mantra for Company Secretaries
72. The moral of the story? First identify your core competency and then change the playing field to suit your core competency. Mantra for Company Secretaries
73. The story still hasn't ended. Mantra for Company Secretaries
75. 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. Mantra for Company Secretaries
76. So they decided to do the last race again, but to run as a team this time. Mantra for Company Secretaries
77. 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. Mantra for Company Secretaries
78. 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. Mantra for Company Secretaries
79.
80. You'll always perform below par because there will always be situations at which you'll do poorly and someone else does well.Mantra for Company Secretaries
81. Teamwork is mainly about Situational Leadership, letting the person with the relevant core competency for a situation take leadership. Mantra for Company Secretaries
82. There are more lessons to be learnt from this story. Mantra for Company Secretaries
83. 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. Mantra for Company Secretaries
84. 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. Mantra for Company Secretaries
85. Sometimes it is appropriate to change strategy and try something different. And sometimes it is appropriate to do both. Mantra for Company Secretaries
86. 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. Mantra for Company Secretaries
87. Story on “Situational Leadership” Mantra for Company Secretaries
88. 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. Mantra for Company Secretaries
89. His executives were Pepsi-focused and intent on increasing market share 0.1 per cent a time. Mantra for Company Secretaries
90. Goizueta decided to stop competing against Pepsi and instead compete against the situation of 0.1 per cent growth. Mantra for Company Secretaries
91. 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. Mantra for Company Secretaries
92. 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. Mantra for Company Secretaries
93. 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. Mantra for Company Secretaries
94. 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
95. Everyone has a DREAM And Everyone wants to ACHIEVE it How?
96. To teach you the some of the lessons from the treasure called life Let me share a story with you on ACHIEVING YOUR DREAMS… Mantra for Company Secretaries
97. The story about the tiny frogs.... Mantra for Company Secretaries
98. 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. Mantra for Company Secretaries
99. A big crowd had gathered around the tower to see the race and cheer on the contestants... The race began... Mantra for Company Secretaries
100. 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!" Mantra for Company Secretaries
101. The tiny frogs began collapsing. One by one... Mantra for Company Secretaries
102. ... Except for those who in a fresh tempo were climbing higher and higher... Mantra for Company Secretaries
103. The crowd continued to yell "It is too difficult!!! No one will make it!" Mantra for Company Secretaries
104. More tiny frogs got tired and gave up... ...But ONE continued higher and higher and higher... Mantra for Company Secretaries
106. 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? Mantra for Company Secretaries
107. contestant asked the tiny frog how the one who succeeded had found the strength to reach the goal? It turned out... Mantra for Company Secretaries
108. That the winner was DEAF!!!! Mantra for Company Secretaries
109. 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! Mantra for Company Secretaries
110. Always think of the power words have. Because everything you hear and read will affect your actions! Therefore: ALWAYS be... POSITIVE! Mantra for Company Secretaries
111. And above all: Be DEAF when people tell YOU that YOU can not fulfil YOUR dreams! Always think: I CAN DO THIS! Mantra for Company Secretaries