This presentation highlights the vital role of Company Secretary in a company. It further explains the opportunities available to Company Seceretary to prove their capabilties.
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1. ARE WE READY FOR UNLIMITED OPPORTUNITIES Pavan Kumar
Vijay
2. WHO IS CS
3. A Generalist Or Specialist ???
4. Subjects Taught Finance & Accounts Tax Planning &
Management Company Law Management Control & Information
Personnel Management MIS & Corporate Communication Financial
Management Economic, Labour & Industrial Laws Cost &
Management Accounting Secretarial & Management Audit
5. To Play Vital Role In Board Room
6. Prepared to Help In INFORMATION TECHNOLOGY MARKETING
PRODUCTION AND OPERATIONS HUMAN RESOURCES CORPORATE COMMUNICATION
FINANCE AND ACCOUNTS LEGAL CORPORATE PLANNING
7. DEPARTMENTS IN A COMPANY Communication in absence of any
coordinator CORPORATE PLANNING LEGAL FINANCE AND ACCOUNTS HUMAN
RESOURCES CORPORATE COMMUNICATION PRODUCTION AND OPERATIONS
MARKETING INFORMATION TECHNOLOGY A Existing Corporate Structure DIR
A DIR B DIR C DIR D DIR E BOARD OF DIRECTORS EXTERNAL STAKEHOLDERS
INVESTORS GOVERNMENT AND REGULATORS SOCIETY SUPPLIERS CUSTOMERS
LENDERS
8. Every Company Needs a Coordinator Who Must Possess the
Knowledge of LAW + MANAGEMENT
9.
COMPANY POLICIES
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
10. Definition of a Company Secretary
11.
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 endeavours to
develop mutual trust between various stakeholders leading to good
corporate governance and sustainable growth of the company.
Company Secretary in Employment
12. Branding of CS Ascertained with Corporate Governance
13.
The Institute of Company Secretaries of India
Corporate Governance is the adherence to ethical standards for
effective management and distribution of wealth and discharge of
social responsibility Corporate Governance application of best
management practices, compliance of law in letter and spirit and
for sustainable development of all stakeholders
14. Company Policies Management Functions Regulatory
Compliances Ethics and Mutual Trust COMPANY SECRETARY navigates the
CORPORATE GROWTH with GOOD GOVERNANCE Company Secretary in
Employment SUSTAINABLE GROWTH
15. Being a Principal Officer, the Company Secretary plays a
vital role in Corporate Governance
16.
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 in Practice
17. Company Secretary is a Specialist who contributes
significantly in all departments of the Company
18. Knowledge of both Management and Law becomes his USP and
Core Competence
19. Specialisation of Company Secretaries vary from Segment to
Segment
20. 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 Different
Industries
21. Different Services DUE DILIGENCE DOCUMENTATION COMPLIANCES
REPRESENTATION CORPORATE GOVERNANCE AUDIT ADVISORY
22. 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
23. 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
24. Different Scales of Operations SMALL SCALE MEDIUM SCALE
LARGE SCALE
25.
There are over 6 Lakh Companies in India.
Some Statistical Figures For Us
More than 50% of these are active companies in which Company
Secretaries can work.
Rest of the companies do not file basic documents with ROC,
hence Company Secretaries can improve their management and
compliance system there.
Out of active companies 65000 are Public Limited
Companies.
Out of which 10000 are listed companies.
26. Work Profile of Legal & Secretarial Department In A BIG
Company Like ITC Secretarial Department Board Affairs Investor
Relations & Grievances Corporate Governance Secretarial
Compliances
27. Work Profile of Legal & Secretarial Department In A MID
SIZE Company Company Secretary Responsible for Legal Finance &
Accounts Audit Committees Secretarial
28. Work Profile of Legal & Secretarial Department In A
Small Size Company Company Secretary Handling only Legal
Secretarial Legal work of other departments Accounts & Finance
Personnel & HRD Vacuum lies for
29. Here Lies The Opportunity For Us
30. To Manage... General Management Corporate Communication
Legal Finance and Accounts Human Resources Development Information
Technology Production and Operations Marketing Corporate
Planning
31. General Management
Planning and Control Formulating a programme for a definite
course of action and overseeing its implementation
Communication Exchange of information between various
stakeholders
Coordination Integration and harmonisation of diverse
operations
Decision Making Evaluation of various options available to the
management
Problem Solving Conflict resolution, contingency planning,
etc
32. Legal
Advisory Advising on applicability, interpretation and
procedures under various laws
Compliances Ensuring compliances under various all laws
applicable to the company
Certification Issuing certificates required under various
laws
Audit Conducting Secretarial Audit, Securities Audit,
Intermediaries Audit and other Audit as required under any law for
the time being in force
Due Diligence, Search, Credit Reporting, etc
Representation Authorised representative before government and
regulatory bodies, quasi-judicial bodies, etc.
33. Legal
Legal Documentation Drafting and vetting of various legal
documents including agreements, contracts, deeds, power of
attorney, etc.
Arbitration and Conciliation Arbitration, conciliation and
Other Alternate Dispute Resolution (ADR) methods for settlement of
commercial disputes
34. Corporate Communication
Communication with directors, investors, employees, consumers,
suppliers, government and regulators, media and general public
MIS and Follow-up of board decisions
Notice and Agenda for Meetings
Issue of various Circulars and Notices
Annual Report and Accounts
35. Corporate Planning
Business policy and strategy and the overall planning
Joint Ventures/ Strategic Alliances/ MOUs
Promotion, Formation and Setting up of Companies/ Projects and
Other forms of organisations
Reconstruction and Reorganization
Securities Management and Compliances
Mergers and Acquisitions
Risk Management
Intellectual Property Rights - Registration and Licensing
Management/ Operational Audits
36. Finance and Accounts
Compliance of Fiscal Laws
Finalisation of Accounts
Budgetary controls
Investment Analysis
Capital Restructuring
Treasury Management
Loan Documentation and Syndication
Cost Management
Transfer Pricing
Internal Audit
37. Human Resources Development
Compliance of Labour Laws
HRD Audit
Industrial Relations
Human resource planning, recruitment and training
Motivation and Compensation Packages
Performance appraisal
Promotion Policies
Voluntary Retirement Schemes
38. Information Technology
Legal Reporting and Filing of E-Forms (DCA21, EDIFAR)
Compliance of Information Technology Act
Digital Signature - Registration and Usage
Software Licenses and Agreements
Information System Audit
Meetings through Video/ Teleconferencing
Web-casting of General Meetings
Functional coordination and integration
39. Production and Operations
Compliance of Industrial and Environment Laws
Inventory management and control
Industrial Safety Standards
Project Management
Drafting of Contracts and Purchase Orders
Compliance of Works Contract Act
Budgeting, accounting and cost control
40. Marketing
Compliance of Laws Relating to Competition and Consumers
Agreements with wholesalers, retailers, franchisee, etc.
Trademarks Registration and Licensing
Legal aspects of Package Design
Vetting of Advertisements and Marketing Literature
41. Global Opportunities Are Also Awaiting Our Decision
42.
Corporate Governance
Advisory and Compliances in Multinational Regulatory
Environment
BPO and Related Services
Investment Advisory
Intellectual Property Rights
Commercial Arbitration and ADR
Management Consultancy Services
International Taxation
Transfer Pricing
International Opportunities
43. Teams win Matches Individuals Play Games
44. Be it Sports or Business
45. Brand Knowledge Capital Infrastructure Global Success Call
for Synergy of Let Collaboration be Buzz Word for Us
46. 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
47.
Risk Minimisation
Wider Area of Expertise
Wider Geographic Reach
Firms Strength Enhancing Brand Equity
Active Networking and Public Relations
Infrastructure Sharing
Overhead Sharing
Close Self Help Group
Best Practices/ Expertise in Firm Management
Advantages Collaborative Commerce
48. Demand Exists for Company Secretaries both in Employment
and Practice
49.
Every growing company needs a person to
align various management functions with company policies
ensure compliance of all applicable laws
develop mutual trust between various stakeholders
Company Secretary in Employment
50.
As defined in Company Secretaries Act 1980 practising members
can provide all services right from Promotion to Winding up of
Companies
All companies require advisory and representation services
relating to Management and Law
There are over 3 Million Organisations in Organised Sector
including Companies, Societies, Trusts, Partnerships, HUFs, Sole
Proprietary, etc. requiring services of professionals
Company Secretary in Practice
51. Globalization of trade in goods and services will increase
demand
52. Opportunities are Unlimited
53. Incompetents wait for Opportunities and they keep on
waiting
54. Leaders Create Opportunities and keep growing higher and
higher
55. Its just a matter of Creativity, Confidence and
Communication
56. To Illustrate A New Story of the Rabbit and Tortoise
57. Once upon a time a tortoise and a rabbit 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.
58. The Rabbit shot ahead and ran briskly 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.
59. The tortoise plodding on overtook him and soon finished the
race, emerging as the undisputed champ.
60. 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.
61. 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.
62. 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
lax.
63. 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.
64. This time, the rabbit went all out and ran without stopping
from start to finish. He won by several miles.
65. The moral of the story Fast and consistent will always beat
the slow and steady.
66. But the story doesn't end here. 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.
67. He thought for a while, and then challenged the rabbit to
another race, but on a slightly different route.
68. 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.
69. The finishing line was a couple of kilometers on the other
side of the river.
70. The hare 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.
71. The moral of the story? First identify your core competency
and then change the playing field to suit your core
competency.
72. The story still hasn't ended.
73. 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.
74. So they decided to do the last race again, but to run as a
team this time.
75. 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.
76. 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.
77. 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.
78. Teamwork is mainly about situational leadership, letting
the person with the relevant core competency for a situation take
leadership.
79. There are more lessons to be learnt from this story.
80. Note that neither the rabbit nor the tortoise gave up after
failures. The hare decided to work harder and put in more effort
after his failure.
81. 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.
82. Sometimes it is appropriate to change strategy and try
something different. And sometimes it is appropriate to do
both.
83. The hare 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.
84. 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.
85. His executives were Pepsi-focused and intent on increasing
market share 0.1 per cent a time.
86. Goizueta decided to stop competing against Pepsi and
instead compete against the situation of 0.1 per cent growth.
87. 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.
88. 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.
89. 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.
90. 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.