Bayley's Consulting Services

This was such an amazing experience!

Special thanks to the AFETT - Association of Female Executives of Trinidad & Tobago for hosting the 2024 Leadership Conference, where like minded sis-STARZ got together to discuss “Future ready sustainable leadership”.

Let’s keep these necessary and inspiring conversations going.

Simone Francois-Whittier Simone Tomwing Dionne Guischard Jenelle Fraser Ricia Ali-Lindow Peridot Webster

The display at the Independence Day parade is always very heartwarming. I attended as a child and now I take my children as well.

This morning I saw Trinidad and Tobago at its best. In the midst of what some call a “mess”, it’s good that we can come together with a patriotic spirit.

In the words of the late Denyse Plummer let’s all “Look in the mirror, tell me what you see. A beautiful child of La Trinity!”

Happy 62nd birthday to all of us in Trinidad and Tobago 🇹🇹!

ANOTHER EPISODE OF THE GOVERNANCE CORNER IS HERE!...AND MORE GOOD NEWS...I STARTED A YOUTUBE CHANNEL!

In this episode, I will explore some key technical terms that we encounter everyday in governance.

For more information on this and other governance topics, check out my blog at https://lnkd.in/e3D9wX4A.

Don't forget to like, comment, share and subscribe for more videos!



https://youtu.be/rxD15Iai6mw?feature=shared

The ABCs of Corporate Governance EVERY director should know. In this video, we share the meanings of some key technical terms often used by the Corporate Governance professional.

Some early morning truth:

“That’s been one of my mantras—focus and simplicity. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains”.

Steve Jobs.

Thoroughly enjoyed sharing knowledge and insight about Corporate Governance at the Lok Jack Alumni Business Mixer featuring businesses run by graduates!

It was my honour and privilege

Bayley's Consulting Services

It’s about to happen at the Lok Jack GSB Alumni Business Mixer!

Almost showtime.

Effective policy writing is key to achieving your organizational goals and objectives.

Join BCS and the Caribbean Corporate Governance Institute as we share key elements of an effective policy and how to write one!

Day 4 of Governance Week 2023!

Today was yet another fantastic day full of insights, nuggets and awesome sharing on Family Owned Businesses!

I was inspired by the story shared by Alasdair Roe and how his family owned business continues to grow from strength to strength!

It was a privilege to share the panel with my 3 esteemed colleagues Sajjad Hamid, Ali Matalon and Simone Francois-Whittier. Continue to steer your own businesses with purpose, grace and style!

And last but by no means least, a very special thank you to the Caribbean Corporate Governance Institute led by Kamla Rampersad de Silva for the opportunity to share and to serve. I am honoured to be a part of the CCGI.

With the recent proclamation of the Public Procurement and Disposal of Public Property Act 2015, there’s been a continuing conversation about the role of the Chief Procurement Officer in State Enterprises.

Today our very own Ceronne Bayley discusses the topic “Governance oversight and support needed for the Chief Procurement Officer” with three leading minds in the region on Day 3 of Governance Week hosted by the Caribbean Corporate Governance Institute!

We’re in for some stimulating discussion!

We at Bayley’s Bayley's Consulting Services are honoured to support the Caribbean Corporate Governance Institute in Governance week 2023!

This year - Nandi Mandela, the granddaughter of the late great Nelson Mandela!

Register now in support of good governance!

NOTICE! Date changed to February 16th 2023. See you there!

The Caribbean Corporate Governance Institute is doing such good work for governance in Trinidad and Tobago. There’s still a long way to go but we WILL get there.

Please join me and the CCGI as we discuss the role of the Chairman of the Board and what it really takes to do it well and make a significant difference in the organization that you are called to serve.

Update on Companies Registry system!

Please be reminded that the Companies Registry system remains down and has not yet been restored.

We sincerely apologize to all our customers who have grown used to our prompt delivery of service in the areas where we depend on the Companies Registry. However the delays are beyond our control. We sincerely apologize for any inconvenience that this may have caused.

We look forward to the launch of the updated CROS system on February 1 2023, so that we can better serve you!

A Message to Leaders:

As we set ourselves to take 2023 by storm, here's some little messages for organizational leaders.

Directors: Lead by example.

Shareholders: show genuine interest in the longevity of your companies.

Managers:Avoid agency conflict by ensuring that your interests align with the company's interests.

Like, share and comment if you agree!

Reminder of deadline extension:

The Office of the Attorney General and Ministry of Legal Affairs has extended the deadline to file post incorporation documents required under the Companies Act, Chap. 81:01 to APRIL 14TH 2023.

If you've missed your usual window don't worry, we can take care of it for you in record time!

Call or DM us today!

Want to show you're serious about Corporate Governance? Develop a Corporate Governance Policy.

A Corporate Governance Policy sets the framework for how your organization is governed by the Board of Directors.

It should be guided by the various laws and regulations that govern your company as well as the Trinidad and Tobago Corporate Governance Code.

It can cover areas such as the Role of the Board, management oversight and stakeholder interests to name a few.

If you need help establishing a Corporate Governance Policy, call or DM us at Ceronne Bayley's Consulting Services todat!

The contents of your Bye-Laws may shock you!

How many times do we join a company as senior managers, as Directors or even investors and have no idea of the contents of the company's Bye-Laws or much worse, that they even exist?

Your bye-laws contain rules governing the company's authorized signatories, the securing of company loans, voting at Board meetings and at shareholder meetings and so much more!

If you're a senior manager, Board director,or investor it's important to become au courant with your company's Bye-Laws to ensure compliance.

Call or DM us today for a consultation relating to your company's Bye-Laws.

If you're anything like me, the end of each year brings with it a multitude of thoughts, emotions, dreams and aspirations.

However, it's important to remember, in whatsoever role you find yourself, to find that space of peace and clarity from which all blessings flow.

Here's to a bright and properous 2023 from all of us at Ceronne Bayley's Consulting Services!

Christmas is always a time of reflection and excitement for us here at Bayley's Consulting Services. We look back at the past year to garner its learnings and look forward to taking the coming year by storm!

Have a very Merry Christmas and a prosperous 2023!

That time is here already???

Annual Returns must be filed within thirty (30) days of the company's anniversary date and failure to do so can result in some hefty fines. But who has the time to track these due dates when you're busy running your business?

At BCS, we do the tracking for all our clients and send you reminders in advance of your upcoming due dates.

Can't keep up with all these dates? Call or DM us today!

2 ways that policies directly impact your bottom line.

Many companies do not invest in their policy making process because they do not see it as having a direct link to profits.

Different policies will impact your profits in different ways but let's look specifically at the Procurement Policy for example:

Scenario 1: Let's say you need to repair one of the company cars. You automatically call your personal and trusted mechanic and send the car to his shop for repair. He calls you to collect the vehicle and you pay him for his service. Two days later the car shuts down and the mechanic informs you that he will need to keep it for the next month. That's a month of no service from the car, a decrease in sales, increased costs to rent a vehicle and the list can go on and on.

Scenario 2: Your company has been using a certain provider for quite some time. Good relationships are formed and their service is also good. However, in order to make sure that business continues, they offer the person(s) responsible for selecting them a kickback. A kickback is an illegal payment given to someone in exchange for their favour in approving contracts or transactions. In order to faciliate the kickback, you are told that the cost of the service is $200.00 when in fact it is $100.00.

A procurement policy would ensure that you search the market to obtain the best value for money, by establishing criteria such as price, quality and reputation. It ensures that you choose the best provider that the market has to offer in accordance with your needs. As we see from scenario 2, it also prevents fraud and can significantly reduce financial wastage.

A strong procurement policy that is implemented can reduce your costs drastically and directly impact profits.

Need help with developing a procurement policy for your business? Call or DM us today!