THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
THE 25th EXECUTIVE SEMINAR
Theme: Convergence of Growth, Productivity and Profitability in Pursuit of Organizational Excellence
Date: Monday 30th November to Friday 4th December 2020
Venue: Pullman Dubai Creek City Centre – Deira City Centre
ABOUT THE EVENT
The Annual Executive Seminar is a premier event hosted by the Institute of Certified Public Accountants of Kenya (ICPAK) with the goal of congregating senior corporate and public sector leaders for candid conversations on emerging trends and challenges faced by their organizations. Now on its 25th edition, the seminar boasts of having successfully benchmarked Kenya against select top performing cities around the world and having engaged prominent speakers to facilitate the seminars. This strategy has resulted in the transformation of delegates’ perspectives and a steering towards embracing innovative and effective solutions to common challenges facing the accountancy profession in Africa.
THIS YEAR’S FOCUS: CONVERGENCE OF GROWTH, PRODUCTIVITY AND PROFITABILITY IN PURSUIT OF ORGANIZATIONAL EXCELLENCE
Executives oversee general management and leadership in different areas of the organization. In larger organizations, they may direct one area, such as marketing, finance, or legal services. For example, in the financial area, executives may direct the buying or selling of land or other investments. Other executives get more involved. They may hire and train new staff. They may direct staff in what tasks need to be done. They may choose computer systems to record data, such as budgets. When complaints arise, executives may direct investigations to resolve what occurred in the agency or between staff members.
A large part of an executive’s job is developing relationships with people outside the organization. These people may be customers or contributors. One-way executives create relationships is by giving speeches at conferences. Executives may also serve on the boards of community groups. These activities promote the company and its leaders.
In addition, executives oversee budgets and use them to analyse how well the organization is running. They make suggestions about where to cut expenses. Executives may also suggest where improvements could be made. Executives also negotiate contracts with outside agencies and utilize their good persuasion skills to keep costs down.
As the effects of the Covid 19 pandemic are being realized, it is a critical time for Senior Executives to develop the necessary skills that would necessitate the development of resilient return to work plans as well as strengthen the internal controls for the organizations they oversee. The Executive Seminar will provide an avenue for senor leaders to share knowledge and key lessons on critical governance aspects regarding the main strategic priorities for businesses in the region during the recovery period, lessons on effective virtual oversight and the governance of human capital, key technological trends that would assist the business in effective decisions making and the role of executives in financial reporting, taxation and audit processes.
The panelists will also share lessons on effective self-leadership skills, entrenching an unquestionable character and value system and the importance of coaching and mentorship in the organizations they lead. Leadership begins with self-leadership. Executives cannot lead others unless they can lead themselves. Wisdom in leadership is the capacity to make trade-offs among competing positions. Leaders must understand the tensions among the values that drive choices in their world. Leaders make better decisions when they clarify their values, understand why others hold different values or priorities and recognize how to navigate the tensions among values in their own roles and organizations. The decisions leaders make are never purely economic or technical, but moral. To lead effectively, executives need time and space to clarify and test their values.
The ICPAK Executive Seminar will also shed light on the practice of embedding the ERM Framework to the core business functions to achieve successful delivery of the strategy. The seminar will also discuss specific strategies to mitigate risk and maximize opportunities. The participants will get the right skills, tools, and frameworks for action plans to address challenges and boost their leadership’s performance.
The 3-day seminar is geared to provide a platform for discussions on what works and what does not in terms of governance, management dynamics and strategic leadership skills and involvement for all members. The seminar will also touch on other pertinent topics as indicated below:
1. Essentials of Corporate Governance in steering the organization towards achievement of its strategic objectives
2. Critical Strategic Management Principles:
• Modern strategic management principles and methodology
• Establishing growth as a “must strategy” or as a “can strategy”
• The interrelationship between growth, productivity, and profitability
3. Embedding the Enterprise Risk Management Framework (ERM) to the core business functions to achieve successful delivery of the strategy
4. Role of the executive management in climate change; Leading the way to a sustainable future
5. The role of executives in financial reporting, ensuring effective taxation for the organization and addressing audit queries.
6. Leveraging on technology to create value in business decisions and strategic actions
• Use of Business Analytics
• Business Intelligence Tools and Integration
• Effective ERP Systems
7. Key concepts for ensuring effectiveness and efficiency in business operations:
• How companies and organizations should function versus how they function in reality
• How to successfully deal with complexity across the business
• The significance of prompt decisions and reduced bureaucracy in ensuring efficiency: the policy compliance versus efficiency hurdle for executives
8. Attaining the executive leadership mandate and the ability to create a vision and engage others around it
9. Tips for managing the stress and demands of a real time over loaded leadership environment
10. Effective governance of human capital: How to attract develop and retain the quality of talent needed to fulfill the organization’s objectives
11. Developing a strong values system and establishing unquestionable character, integrity, influence, and resilience as an executive leader
12. Trends and benefits of coaching and mentorship in the workplace
13. The role of change management in accelerating organizational change management initiatives
14. Knowing and overcoming barriers to successful project implementation processes
|Kenyan based Members/ACCA Members and IFAC PAOs||Kshs. 170,000|
|International Delegates||USD 1810|
Chief Executive officers, Managing Directors, General Managers, HR directors/managers, Marketing directors, finance and non-finance directors/managers, Board Members, Strategy and Governance Consultants, Heads of Government Units/Parastatals, County Governors, County Assembly Speakers, Senators, and other senior county executives, and all ICPAK Members.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and those from reciprocating professional bodies will earn 20 CPD Units upon attending all seminar sessions.
IMPORTANT INFORMATION: TRAVEL REQUIREMENTS
Kenyans require a tourist visa to visit Dubai. In applying for the VISA, you will need an invitation letter from ICPAK and hotel/accommodation reservation. You will also be required to have travel/medical insurance as you apply for Visa. A COVID free certificate will be required both at exit and entry points (JKIA and DXB). We always encourage applicants to indicate past ICPAK international events that they have attended.
For non-Kenyan delegates, please enquire with your embassy and/or High Commission on the travel requirements. ICPAK shall avail invitation letters to support delegates’ VISA processing.
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via email to email@example.com with a copy to firstname.lastname@example.org or telephone call on +254 719 074100. We encourage delegates to regularly visit our website www.icpak.com for updates.