Strategic Action Plan for 2013-14 and Building on SAP for
the Next year
at
Interactive session
41st National Convention of Company
Secretaries, Chennai
SAP for 2013-14
• As a sequel to adoption of ICSI vision 20-20
and top 10 goals by the Council of the
Institute, the Council approved the Strategic
Action Plan for the year 2013-14.
• SAP, contains 204 activities, with defined
quarter wise timelines and clearly spelt out
responsibilities.
Broad Areas of SAP for 2013-14
•
•
•
•
•
•
•
•
•
Effective student services
Better academic support
Rationalised training structure
Improved examination systems
Members Welfare
Upgrading the capabilities
Adoption of emerging technologies
Upgradation of resources and Infrastructure
Better governance of the Institute & better regulation of
Profession
• Image building
STUDENTS
• Student Assistance –grievance redressal, helpline IVR, FAQs, Students
outreach programmes
• Efficient Service-online registration/enrollment/examination, supply of estudy material, direct delivery of physical Study material
• Relevance of Study Material-better quality of study material, study
distance education technologies
• Better Academic Support- review of PPP Model, Oral tution Guidelines,
Knowledge portal, requirement of CC,E-learning support, exploring dual
degrees
• Rationalisation of Training- review of training requirements, adequacy of
training opportunities
• Learning while Working-Corporate Compliance executive programme
• Improvements in Examination-online examination, any time anywhere
examination and automated examination system.
MEMBERS
• Welfare of Members- Popularise CSBF, Professional indemnity
insurance, re-enrollment of defaulter members, health
insurance
• Seeking Recognitions-academic recognitions, review of policy
for seeking professional recognitions/admission of fellows,
need for practicing CS services
• Upgrading Capability- launch of PMQ Courses
• Keeping Abreast-Learning companies Bill, Guidance Note,
Collective Provision of e-resources, Policy on Continuing
professional education
• Better Service by PCSs-Review of peer review mechanism
BUILDING CAPACITY OF INSTITUTE
•
•
•
•
•
Adoption of Emerging Education Technologies
Upgrading HR Resources
Focussed Attention-establishment of new units
Upgrading Infrastructure
Centres of Excellence-policy on setting up Centres,
ICSI Governance foundation
• Leverage Alumni Strength-database of Resource
Persons, Promote Alumini Forum
ADMINISTRATION AND MANAGEMENT OF INSTITUTE
• Intra-Institute Co-ordination-Intra office visits,
ERP at all offices, review/implementation of
Guidelines
• Compliance with Various Laws
• Databases-Link Student database with
Membership database
• Safety and Security
GOVERNANCE OF INSTITUTE
•
•
•
•
Institutional Reforms-Review of CS Act,
Regulations,
Chapter Guidelines, Study of
organisation
structure, Rationalisation of Committees
Responsible
Decision
Making-Framework
for
development of Corporate Governance professionals,
streamline professional procedures
Role Clarity- Council vs Regional Councils vs. Chapter
management Committees, Induction Manual
Building Capability of Management Committees
REGULATION OF PROFESSION
•
•
Reforming Disciplinary Process – Transparency, Issuance
of reasoned orders
Regulating Profession- strengthening Regulatory
framework
IMAGE BUILDING
• Promote Corporate Governance – CG Rating, Training and
certification of director, Database of independent directors,
review and implementation of Secretarial standards
• Improving Quality of Journals – focus issue of Chartered
Secretary, transparent assessment of articles,
• Knowledge Leadership-Text book on Companies act, directors
Handbook, CG Handbook, Company Law referencer, TV
episodes,
• Tapping Untapped Market
• Transparency-disclosure of agenda and minutes of Meeting
• Engagement with Authorities viz. MCA,SEBI,CCI
• Affiliation for Research with researchers, academic/research
institutions
• Visibility- Media campaign, industry Interaction, rich website
Implementation of SAP 2013-14
•
•
•
•
Number of activities in Quarter1 & 2
Number of activities completed in quarter 1 & 2
Number of activities near completion/in progress
Number of activities beyond 2013-14
- 137
- 65
- 70
- 02
Many activities in quarter 3 has also been initiated.
Building on SAP 2014-15
• To follow-on meeting to review, revise and possibly
redraw our Strategies in the current dynamic
scenario, the Council decided to have a Strategy
Meet.
• As part of Consultative process, Inputs were invited
from Council Members, Regional Councils/Chapters
and HODs.
• The thoughts/inputs were clustered in the broad
seven themes and were deliberated over a time span
of 17 hours.
Broad Themes discussed at Strategy Meet
• Understanding Ground Realities
• Developing the Profession – Value Creation
• Developing Profession – Education
• Developing Profession -Continuing Education
• Developing Profession – Regulation
• Building Institute
• Governance of Institute
Takeaways from the Strategy Meet
• Understanding Ground Realities
Bring out the ICSI Fact Book
• Developing the Profession: Value Creation
CS to strive for “Sathyam Vada, Dharmam
Chara.”
Developing the Profession: Education
• Focus on communication ability of students/members
• Develop attitude of students and members for shouldering
responsibilities
• Put a team to develop high quality content
• Build academics capability and create knowledge
• Attract right students, give right education, impart right
training, and provide right continuing education
• Launch ICSI online academy
• Provide quality videos on professional subjects
• Provide quality class room coaching
Contd…..
Developing the Profession: Education
• Start full time course for 500 Students (100 each from each
RO and CCGRT)
• Seek recognition for awarding Ph. D.
• Include CS Act in syllabus
• Bring 4,500 CS pass students to membership
• Bring 80,000 intermediate pass students to final course Move
to online foundation examination
• Move to OMR executive examination
• Provide re-evaluation of answer sheets in professional
examination
• Start open book examination at professional examination
Developing the Profession: Continuing Education
•
•
•
•
•
•
•
•
•
•
•
Analyse data on PCHs earned by members
Look at data on PCHs made available
Letter to defaulting members in November, 2013
Escalate action against defaulting members
Revisit CPE policy
Provide both Certification and PCH Options
Have special programmes on what the new Act means to Chairman/MDs,
IDs, etc.
Improve quality of programmes so that members are attracted
Have programmes in niche areas instead of most programmes on
company law
Outsource workshop / make video to enable members to practise in NCLT
Outsource workshop / make video to enable members to play KMP
Contd….
Developing the Profession: Continuing Education
• to contact NLSUI for a 3-month diploma on NCLT / NCLAT
• to contact NALSAR for a 3-month diploma on NCLT / NCLAT
• Operationalise CLC decision on providing expert advice for 200 queries at
a cost of Rs.20000 each queries
• Provide professional guidance to members
• Recover full revenue cost from programmes
• Have partnership with FPP persons on revenue sharing or breakeven
pricing
• Don’t fix fees for services of PCS and salary for employed members
• to meet Ministry to convince them on monthly stipend of Rs.2000 to
students
• Retain surplus from Convention with HO
• Groom CS as IDs
Developing the Profession: Regulation
• Strengthen regulatory mechanism
• Council to lay down parameters for other
misconduct
• Constitute BoD to include an outside expert
and select elected member carefully
• Have a dedicated Director for Discipline
• Notification of disciplinary staff / officers
under the Act
Building the Institute
•
•
•
•
•
•
•
•
•
•
•
Build a 100 acre campus for developing the profession (CS Ashok Pareek, CS Khare,
CS Hegde, and CS Umesh Ved to explore land in Rajasthan, Maharashtra, Madhya
Pradesh and Gujarat respectively).
Research activities to be centralised at the main campus
No new Centres of Excellence
Shift WIRC to CCGRT and Hyderabad Chapter to new place acquired in Hyderabad
Have training centres for imparting training to students in four major locations in
cities where RCs are located
Operationalise support offices on rented premises
Have a separate internal audit Cell directorate at HQs
Follow up on income tax exemption
Ascertain cost of services to students and members
The performance of senior most officer at RO and CO should be done jointed by
Chairman (50%) and CE/Secretary (50%)
The performance of other officer at RO and CO should be done by senior most
officer at RO/CO
Contd…
Building the Institute
•
•
•
•
•
•
•
•
•
•
•
•
•
Provide induction programme for new recruits
Have a policy on employee mobility
Have an integrated E-platform with a ‘A’ class vendor
Put ERP under oversight of Secretary / CE
Extend ERP to all locations
Undertake BPR exercise
Have periodic review of COs/ROs
Select HoDs to visit / meet ROs/COs/ their Officials
Internal Audit should cover compliance with guidelines
Demarcate jurisdiction for RCs and CMCs
No new Chapter to be opened
Welcome closure of Chapters
Train members of Governing Bodies at all levels for a week at the time of
joining
Governance of Institute
• Abide by ‘Sathyam Vada, Dharmam Chara.’
• Strengthen oversight of RCs, ROs, CMCs, and COs
• Every Meeting of every Committee would indicate which
items would go in the form of an agenda note for approval of
Council
• To develop a framework for / guide evaluation of Governing
Bodies at all levels and each member of such bodies
• To assess risks to Profession and the Institute and suggest
measures for management of such risks.
• Follow a consultative approach for making guidelines
• Every meeting of every Committee to indicate which of its
decisions /recommendations will go to Council through a
separate agenda note.
Views/Suggestions invited
You may please send your views/suggestions for
development of Strategic Action Plan for 2014-15 at
president@icsi.edu
Thank you