Strategic Action Plan for 2013-14 and Building on SAP for the Next year

1. Strategic Action Plan for 2013-14 and Building on SAP for the Next year at Interactive session 41st National Convention of Company Secretaries, Chennai

2. 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.

3. 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

4. STUDENTS • Student Assistance –grievance redressal, helpline IVR, FAQs, Students outreach programmes • Efficient Service-online registration/enrollment/examination, supply of e-study 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.

5. 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

6. 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

7. 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

8. 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

9. 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

10. Implementation of SAP 2013-14 • Number of activities in Quarter1 & 2 - 137 • Number of activities completed in quarter 1 & 2 - 65 • Number of activities near completion/in progress - 70 • Number of activities beyond 2013-14 - 02 Many activities in quarter 3 has also been initiated.

11. 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.

12. 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

13. 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.”

14. 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…..

15. 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

16. 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….

17. 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

18. 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

19. 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…

20. 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

21. 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.

22. Views/Suggestions invited You may please send your views/suggestions for development of Strategic Action Plan for 2014-15 at president@icsi.edu

23. Thank you