Learning Series: Director Certification Program (DCP) 5th Batch

January 13, 14 and 15, 2020

On 13th January 2020, Day 1 DCP is an important day to understand a deep dive into the fundamentals of the ๐‘ช๐’๐’“๐’‘๐’๐’“๐’‚๐’•๐’† ๐‘ฎ๐’๐’—๐’†๐’“๐’๐’‚๐’๐’„๐’† Framework. Morning sessions, Participants discussed more focus on examining the role, structure, and function of the board of directors, how it is set in the ๐…๐š๐ฆ๐ข๐ฅ๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ context. The discussions are really helpful to understand how to ensure effective implementation of governance practices in their companies.

The program was set within theย #Asianย #businessย context and provided a well-rounded board-level view of key strategic areas and issues facing many companies in Myanmar.

โ€œThe Directors Certification Program will help Myanmar directors become better aware of their responsibilities and ultimately improve the performance of boards and overall corporate governance in the country. This will help attract more foreign direct investment into Myanmar,โ€ saidย Ma Cherry Trivedi.

 

๐——๐—ฎ๐˜† ๐Ÿฎ ๐—ผ๐—ณ ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซ’๐ฌ ๐‚๐ž๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ ๐ซ๐š๐ฆ (#๐——๐—–๐—ฃ) ๐—ถ๐˜€ ๐—ฎ๐—น๐—น ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ. ๐——๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€ ๐—ป๐—ฒ๐—ฒ๐—ฑ ๐˜๐—ผ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐˜€๐˜๐—ผ๐—ฟ๐˜† ๐—ฏ๐—ฒ๐—ต๐—ถ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ป๐˜‚๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€ ๐˜€๐—ผ ๐˜๐—ต๐—ฎ๐˜ ๐˜๐—ต๐—ฒ๐˜† ๐—ฐ๐—ฎ๐—ป ๐—ฒ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐—น๐˜† ๐—บ๐—ผ๐—ป๐—ถ๐˜๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ต๐—ฒ๐—ฎ๐—น๐˜๐—ต ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ผ๐—ฟ๐—ด๐—ฎ๐—ป๐—ถ๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ฏ๐˜† ๐—ฒ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ถ๐˜๐˜€ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฝ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ.

We need to comprehend how to analyze the financial position and performance of a firm by taking a deep dive into financial statement analysis. The participants had a great time by doing case studies on which drivers can impact the operating profit (#EBIT).

 

โœย ออThอe อwอaอlอtอoอn อfอaอmอiอlอy อoอf อwอaอlอmอaอrอt, อrอoอcอhอe, อmอaอrอs อfอaอmอiอlอy โ€” อmอaอrอs, อsอaอmอsอuอnอg, อcอaอrอgอiอlอl อaอnอd อkอoอcอh อfอaอmอiอlอy โ€” อkอoอcอh อiอnอdอuอsอtอrอiอeอs อwอhอaอt อdอo อtอhอeอy อhอaอvอe อiอn อcอoอmอmอoอn? อtอhอeอsอe อaอrอe อtอoอp 10 อwอeอlอl อkอnอoอwอn อfอaอmอiอlอy อoอwอnอeอd อcอoอmอpอaอnอiอeอs อpอeอr อForbes.

๐Ÿ”ฐย ๐Œ๐ฒ๐š๐ง๐ฆ๐š๐ซ ๐œ๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐ฅ๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐ข๐ฌ ๐ฆ๐š๐๐ž ๐ฎ๐ฉ ๐จ๐Ÿ ๐Ÿ๐š๐ฆ๐ข๐ฅ๐ข๐ž๐ฌ ๐ฐ๐ก๐จ ๐จ๐ฐ๐ง๐ฌ ๐ฆ๐š๐ง๐ฒ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ. ๐“๐ก๐ž ๐›๐ข๐ ๐ ๐ž๐ฌ๐ญ ๐œ๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž ๐จ๐Ÿ ๐Ÿ๐š๐ฆ๐ข๐ฅ๐ฒ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ข๐ฌ ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐จ๐ง ๐ฉ๐ฅ๐š๐ง๐ง๐ข๐ง๐ , ๐ž๐ง๐ฌ๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐š๐ญ ๐ญ๐ก๐ž ๐Ÿ๐š๐ฆ๐ข๐ฅ๐ฒ ๐ฅ๐ž๐ ๐š๐œ๐ฒ ๐ข๐ฌ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž๐ ๐ญ๐จ ๐ญ๐ก๐ž ๐ง๐ž๐ฑ๐ญ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง.

On Day 3, the participants reviewed:
โ€ข Family Governance in the context of succession planning
โ€ข Best Practice review of live case studies across Asia
โ€ข Ethical Dilemmas, through the reconciliation methodology
Directors on the Board need to work together as a team by navigating turbulent times by

แ—ฉ (แ—ฉTTITแ‘Œแ—ชE), แ—ท (แ—ทEแ•ผแ—ฉแฏIOแ‘Œแ–‡) แ—ฉแ‘Žแ—ช แ‘• (แ‘•แ—ฉแ‘Žแ—ชOแ‘Œแ–‡) Oแ–ด แ—ทOแ—ฉแ–‡แ—ช แ—ชYแ‘Žแ—ฉแ—ฐIแ‘•แ”•

 

Director Certification Program (DCP) Day 3 Afternoon session started with the session of Peter Brimble, Senior Technical Advisor,ย DaNa Facility. He presented a presentation related to Inclusive economic growth through responsible and sustainable private sector development, the title โ€œ๐“๐ซ๐ข๐ฉ๐ฅ๐ž ๐–๐ข๐ง๐ฌ ๐ข๐ง ๐Œ๐ฒ๐š๐ง๐ฆ๐š๐ซ ๐‚๐ซ๐ž๐š๐ญ๐ข๐ง๐  ๐š๐ง ๐ˆ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญโ€

Inclusive Business is an innovative approach to promoting growth in an economy with the private sector contributing to inclusive economic growth by creating and expanding opportunities for the poor. Inclusive Business is a relatively new concept in Myanmar and while there are a growing number of social enterprises and corporate social responsibility activities in the country, the notion of engaging the poor through core business activities is still nascent.

The Head of DFID – UK Department for International Development to Myanmar, Dr Gail Marzetti, speaking about the publication of the report in Yangon today said: โ€œInclusive businesses engage the poor in a way that offers sustainable solutions to the problems the poor face. This is the triple win of inclusive business: the poor, the company, and society all win. That is why it can have such a profound impact on society and on the economy, promoting inclusive growth and sustainable development. And this is why DFID and the UK Government are so committed to promoting Inclusive Business and why we are so pleased to be involved in the publication of this ground-breaking report.โ€

A copy of the Inclusive Business in Myanmar report can be found on the DaNa website here.