As a Director (Manager) do you spend enough time and effort working "on" your business?
Not "in" your business but "on" your business!
Most Directors simply do not and cannot find the time to be the "architect" and "designer" of their businesses. In the new corporate environment this will prove fatal – all Directors need to understand their roles and responsibilities under the new Companies Act, along with the roles and responsibilities (and avenues for redress) of the other stakeholders in their businesses. Ignore this at your own peril!
Within the next few months everything you ever knew about how business works in South Africa is going to change. The New Companies Act, aimed at modernising and streamlining the South African business environment is due for promulgation. The New Companies Act impacts every area of business and it is essential for all business people to familiarise themselves with the changes and areas of impact so as to prepare themselves for a whole new way of doing business. Every change creates either a challenge (with associated costs and risks) or an opportunity (with associated benefits). This seminar will provide you with the handles to assess and act on both.
The SINK or SWIM: New Companies Act (Is it still safe to be a Company Director?) Seminars is being presented in order to help Directors (Manager and Members of CC's) come to grips with the challenges in adapting to this new environment – as well as to identify the opportunities that come with the change.
What will the SINK or SWIM: New Companies Act Seminar give you?
A snapshot of the New Companies Act, highlighting its intention and content;
A very practical application that looks at how the Act addresses your;
Company Structure (Simplification and Repositioning)
Companies Internal and External Relationships (Specifically focusing on the role of Directors and Decision Makers in a Broad Stakeholder Inclusive Environment)
Key Governance Issues (Referring to both New Companies Ac and King III Code for SA)
Reporting Requirements (key changes that could make life much easier, or more challenging)
Strategy when things could turn for the worse… (focussing specificaally on Business Rescue)
Insight into some of the main areas you need to address – while you still can!
Some ideas and strategies looking forward…including a Risk Assessment that will help you identify your specific areas of need and assist in you compiling a customised action plan going forward
