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How to become a good corporate secretary
Posted: Nov 29, 2023
Becoming a good corporate secretary involves a combination of education, skills development, and practical experience. Here are some key steps and tips:
Educational Background:
Degree: Typically, a bachelor's degree in business administration, law, finance, or a related field is beneficial. Some corporate secretaries have degrees in corporate governance.
Certifications: Consider obtaining certifications relevant to corporate governance, such as the Certified Secretary qualification or similar credentials depending on your country.
Understand the Role:
A corporate secretary plays a crucial role in ensuring the smooth administration of the company, particularly in terms of compliance with legal and regulatory requirements.
Responsibilities often include preparing and maintaining important corporate documents, managing board meetings, ensuring compliance with corporate governance principles, and acting as a point of communication between the board of directors and company stakeholders.
Develop Key Skills:
Organizational Skills: You'll need to be highly organized to manage numerous tasks and documents.
Communication Skills: Effective communication, both written and verbal, is crucial.
Attention to Detail: Precision is key in preparing legal documents and ensuring compliance.
Interpersonal Skills: You'll often be liaising between various stakeholders.
Discretion and Integrity: Handling confidential information is a significant part of the job.
Gain Experience:
Start in a junior role in a corporate secretarial function or a related area like legal, compliance, or administration.
Seek opportunities to learn about different aspects of corporate governance and the specific workings of your industry.
Stay Informed:
Keep up-to-date with changes in corporate governance, legal requirements, and best practices.
Attend workshops, seminars, and training sessions relevant to corporate governance and the role of a corporate secretary.
Networking:
Join professional organizations for corporate secretaries.
Networking can provide valuable insights into best practices and emerging trends in the field.
Mentorship:
If possible, find a mentor who is experienced in the field. They can provide guidance, advice, and help you navigate your career path.
Continuous Learning:
The corporate world is constantly evolving, so continuous learning is vital. This could be through formal education or self-study.
Ethical Conduct:
Uphold high ethical standards. As a corporate secretary, you'll be expected to act with integrity and in the best interest of the company.
Practical Application:
Apply your knowledge in real-world scenarios. Practical experience is invaluable in understanding the complexities and nuances of the role.
Remember, the path to becoming a good corporate secretary can vary depending on the specific requirements of the industry and the company you wish to work for. Tailoring your development to these requirements will be key to your success.
T.K is an avid writer on business topics, he writes for Koh Management