CHAPTER 1 : SECRETARY

1. CHAPTER 1 : SECRETARY

2. Introduction – Definition and Meaning

3. Origin • Derived from the Latin word ‘Secretarius’ which means a person who is expected to maintain secrets. • In Roman empire, secretary was called as ‘Scribae’ which means a person who is expected to maintain secrets or can communicate by way of letters professionally. • In Indian ancient history, secretary is called as ‘Amatya’, ‘Sachiva’ or ‘Chitnis’.

4. Definitions Oxford dictionary – A person whose work is to write for others, especially one who is employed to conduct correspondence, keep records and to transact various other businesses for another person or for a society, corporation or a public body.

5. Webster’s dictionary – One who is entrusted with private or secret matters and a confidential clerk, one who attends to correspondence, records of a private and confidential nature. • Companies Act, 1956 – Any individual possessing the prescribed qualification and appointed to perform the duties which may be performed by secretary under this Act and any other ministerial or administrative duties. Definitions

6. Changing concept of Secretary Initially, a secretary was required to do only clerical work like letter writing, scheduling appointments etc. However, now a secretary is required to carry out various duties like scheduling appointments, compliance with law, maintaining documentation etc. The change in the concept of secretary is due to following reasons:

7. Changing concept of Secretary 1. Financial aspect • With the increase in the size of organization, the duty of secretary also increases. • Secretaries are required to maintain adequate documents, comply with statutory provisions, maintain good public relations etc. • The secretary requires adequate professional, academic and soft skills to carry out the role properly.

8. Changing concept of Secretary 2. Organization growth • With the increase in the size of organization, the duty of secretary also increases. • Secretaries are required to maintain adequate documents, comply with statutory provisions, maintain good public relations etc. • The secretary requires adequate professional, academic and soft skills to carry out the role properly.

9. Changing concept of Secretary 3. Regulations • Government updates the policies, various acts, regulations etc at frequent interval. • A company is required to implement properly and diligently. • A secretary is responsible for proper compliance of these policies.

10. Changing concept of Secretary 4. Enhancing image • Good public relations help in retaining as well as adding new clients. • Hence, it is necessary to maintain good public relations. • This can be done only if there one responsible person working towards maintaining the image. • Secretary is one of the good officers who maintain relation through letters, telephone, internet etc.

11. Changing concept of Secretary 5. Spreading to foreign markets • Due to globalization and liberalization, whole world is converted into one single market. • The organizations have started moving to foreign markets. • This has resulted in increasing size of organization and thereby role of company secretary has been changed.

12. Changing concept of Secretary 6. Technical aspects • Post industrial revolution, the use of machinery and time saving techniques has increased to a great extent. • A secretary is expected to know the production techniques, machinery etc applicable to the business. • Only if he has the knowledge, he will be able to manage everything.

13. Changing concept of Secretary • Financial aspect • Organization growth • Regulations • Enhancing image • Spreading to foreign markets • Technical aspects SMART CODE - FOREST

14. Features of a secretary

15. Features of a Secretary 1. Access to confidential information Secretary has access to confidential information. He is expected to maintain confidentiality.

16. Features of a Secretary 2. Advisor • Secretary is the key advisor to the board and the cornerstone of good corporate governance. • The point of view and the opinion of secretary are always considered before implementing any policies and taking decisions.

17. Features of a Secretary 3. Educational qualification To be appointed as secretary of an organization, he should be a member of ICSI (only if Company’s capital is 5 Crore or more). He must also possess prescribed qualification as per organizations requirement.

18. Features of a Secretary 4. Individuals • Only individuals can be appointed as secretary of the organization. • In other words, company or firms or other institutes cannot be appointed as secretary.

19. Features of a Secretary 5. Implementation • Management of company is responsible for taking important strategic decisions. • It is the responsibility of the secretary to implement and execute the decisions taken by the management.

20. Features of a Secretary 6. Qualities • Secretary plays an important role in the organization. • He has to handle difficult situations, take important decisions, manage people etc. • Hence, he needs to possess various qualities like accuracy, intelligence, honesty, leadership, pro-activeness, patience etc.

21. Features of a Secretary 7. Classification • Secretary can be of two types i.e. personal and institutional. • Personal secretary is the one who provides his services to single person. • Institutional secretary is appointed by and provides services to an organization.

22. Features of a Secretary 8. Employee • Secretary is an employee of the organization. • He is usually paid salary as remuneration.

23. Features of a secretary. • Access to confidential information • Advisor • Educational qualification • Individuals • Implementation • Qualities • Classification • Employee

24. Need and importance of Secretary. Secretary is one of the most important officers of the company. He / She is responsible for documentation, compliances with policies and regulations, handles administrative work, acts as advisor to board etc. Following is the importance of secretary in an organization:

25. Need and importance of Secretary. SMARTSEC • Systematic maintenance of records • Meetings • Administrative work • Responsible for legal drafting and correspondence • Timely legal compliance • Secrecy • Expert opinion • Communication between board and staff

26. Need and importance of Secretary. 1. Systematic maintenance of records Secretary has to maintain proper files and records of the organization, which may be required in future for reference.

27. Need and importance of Secretary. 2. Meetings Secretary is responsible for making arrangements for meetings. He is also required to carry out formalities which are required to be undertaken after the meeting. The responsibility includes sending out notices, agenda, preparing minutes etc. His opinion is valued and given due consideration.

28. Need and importance of Secretary. 3. Administrative work Top management should have time for thinking about organization’s vision and growth. They should not be busy with daily routine work. Secretary is responsible for routine work. Thus, the top level is free to think of new business areas, expansion plans, framing new policies etc.

29. Need and importance of Secretary. 4. Responsible for legal drafting and correspondence Secretary is responsible for various communications like sending out notices for meetings, agenda, minutes, letters etc to various stakeholders of organization. He is responsible for communicating within (employees, BoD) as well as outside the organization (customers, government etc). Therefore, secretary has to be precise and accurate in his drafting.

30. Need and importance of Secretary. 5. Timely legal compliance Secretary has to ensure proper and timely legal compliance in all activities of the organization. He has to maintain books, registers etc as prescribed under various acts. He needs to obtain registrations and file returns.

31. Need and importance of Secretary. 6. Secrecy Secretary, being integral part of an organization, has access to confidential information. He also attends board meetings wherein all confidential issues are discussed and important decisions are taken. He is expected to maintain confidentiality of all important matters of organization. Secretary is often referred to as ‘confidential officer’.

32. Need and importance of Secretary. 7. Expert opinion Secretary is an important part of organization. Besides, he is also involved in day to day operations. Hence, the views and opinion of secretary are always welcomed and valued. Secretary helps and takes part in decision making process of organization.

33. Need and importance of Secretary. LINK 8. Communication between board and staff Board of directors is responsible for taking important decisions. However, these decisions are implemented by the staff of the company. Hence, it is very important that these decisions are communicated effectively. Secretary forms link between board and staff and helps in effective communication. Secretary also takes care that these decisions are successfully implemented.

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