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K PANDIYA RAJAN , founder Ranstad India


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K PANDIYA RAJAN , founder Ranstad India

  1. 1.           Born on 26 April 1959 in Villampatti, a little village near Sivakasi in Virudhunagar district Graduated in Engineering from PSG College of Technology with honors Completed his masters from XLRI in Industrial relations in 1984 Worked for many international companies, such as BOC and Deutsche Babcock Cofounded Ma Foi Management Consultants Ltd in 1992 along with his wife Member of The Indus Entrepreneurs Author of “You are Appointed” and “Ayirathil Oruvan”,career guidance books in Tamil for Youth Member of Governing Council in Kalasalingam University, Ethiraj College, Al Institute of Management, ADM College for Women, and Centre for Social Initiatives and Management Founder-Trustee of Sornammal Educational Trust (SET) that runs a school in Chennai for the underprivileged and has adopted over 4,000 children in Chennai, Virudhunagar and Madurai. Head of political party DMDK‟s think tank
  2. 2.     Old Venture: Built Ma Foi Randstad, staffing and consultancy company(1992), into a Rs 1000 cr in 20 years, before merging with its international partner to become Randstad India Ma Foi Management Consultants Ltd-the first public limited HR service provider in India with about 1,600 professionals in 55 offices Generated career opportunities for above 3.3 lakh professionals in 36 countries over the last 18 years New Venture: Ma Foi Strategic Consultants will focus on 3 areas: education, market research and strategy. First off, management schools for entrepreneurs
  3. 3. FIRM DETAILS  Industry Predecessor(s)  Founded   Initial capital Headquarters Key people  Products       Revenue Gross Profit Current growth rate Owner(s) Recruitment Ma Foi Management Consultants 2012 (as Randstad India) 15 August 1992 (as Ma Foi Management Consultants) Rs. 60,000 Chennai, India K. Pandiyarajan (Chairman) E Balaji (MD & CEO) Employment agencies HR services € 16.22 Billion(2011) € 2.94 Billion(2011) 70% Randstad Holding NV
  4. 4. History & milestones : Randstad India     2012 2010 2009 2008  2007 2006  2005  2004        2003 2002 2001 1998 1996 1992 Ma Foi Randstad becomes Randstad India Introduction of Ma Foi Randstad brand in India Emmay HR integrates with Ma Foi Ma Foi becomes a part of Randstad, the 2nd largest HR Company in the world Takes over the management responsibilities of Team4U, a staffing company Entry in new markets - China, Thailand and Hong Kong Strategic diversification into IT, through a wholly owned subsidiary Minvesta Infotech Ltd. Merger of consulting & outsourcing businesses & formation of a separate subsidiary - Ma Foi Consulting Solutions Ltd. Spin-off of the executive search Business - Ma Foi Global Search Services Ltd. is launched Ma Foi becomes a part of Vedior - World's largest specialist staffing major. Launch of Ma Foi Academy - the career training business Ma Foi emerges as the leader in flexi staffing with 10,000 deputee strength Further expansion within India through Franchisee network Flexi staff grows over 5000 Foray into the international market Introduction of HR outsourcing & Executive Search first Bonus Issue Turnover of INR 0.1 Billion & expansion to multiple locations in India Inception of Ma Foi with a starting capital of INR 60,000
  5. 5. Innovations Till Now  First Public Limited HR Services Company  First to launch Flexi–Staffing  First to take recruitment outside the metrosthrough Business Partner Model  First to launch career training (Ma Foi Academy) as a backward integration  First to get into HR automation, outsourcing and executive search  First Multinational Indian HR company  First HR Company to set up an R&D division  Award: In 2007, Ma Foi won the prestigious certificate for „Strong Commitment to Excellence‟ from CII-EXIM Business Excellence Award.
  6. 6. THEORY MICRO LEVEL MESO LEVEL MACRO LEVEL ECONOMIC THEORY Identified opportunities arising out of the 1991 economic liberalization policy in India The concept of human resources staffing companies was new then Founded Ma Foi in 1992, with a seed capital of just about Rs 60,000 and just eight years of working experience. SOCIOCULTURAL THEORY Favorable conditions like economic liberalization in 1991 In 1994 a no. of MNCs entered India As a part of its strategic alliance partnered with Vedior and later on Randstad At the beginning of the new millennium, Ma Foi faced some tough challenges; which were strategically solved through international alliances