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Company type | Private |
---|---|
Industry | Management consulting |
Predecessor | Ma Foi Management Consultants |
Founded | 2012 (as Ma Foi Strategic Consultants) [1] [2] 1992 (as Ma Foi Management Consultants) [3] [4] |
Headquarters | Chennai, India |
Area served | International |
Key people | K. Pandiarajan [2] [5] |
Ma Foi Strategic Consultants is a global management consulting firm headquartered in Chennai; [1] [5] offering Strategic Consulting, Research and Education services.
It was founded in 2012 as an evolution of the Ma Foi brand in India. [6]
The inception of the brand 'Ma Foi' (pronounced "Ma Fwa") was in 1992 as " Ma Foi Management Consultants Ltd", [3] a Chennai based HR service provider founded by K. Pandiarajan [7] to tap into opportunities arising out of the 1991 economic liberalization policies in India.
On choosing the French name, the founder commented in an interview - "We were targeting the international market. So, Ma Foi -- or My Word -- symbolized what we wanted to say and do." [8]
In 2004, Vedior NV, a Dutch head hunting firm acquired a majority stake in Ma Foi Management Consultants, to develop its business in South-East Asia and West Asia. [9] Three years later, Randstad Holding NV acquired the operations of Ma Foi, through its December 2007 US$5.14 billion acquisition of Vedior. [10] [11] In April 2012, "Randstad India" replaced Ma Foi, [12] which by then had become a brand in the professional recruitment space. [13]
With Ma Foi, the founders gained a service spectrum that extended beyond recruitment [14] especially in strategic consultancy; and on 5 April 2012, they announced that brand Ma Foi would exit from HR consulting services with the launch of a new venture focusing on management consulting and education space - Ma Foi Strategic Consultants Pvt. Ltd. [1]
The venture will have investments of over INR 25 crore in the first three years. [2] The new company got into an agreement with Randstad for using the brand Ma Foi for three years. Eventually, the brand would be bought over, depending on the legal approvals. [5]
The company would set up two business management schools by 2013 end— in Chennai and Madurai. The eventual plan is to start a chain of management schools on a franchisee model. [1] [2]
It is headquartered in Chennai, and employs over 50 employees. It is currently planning to acquire three to four companies and will open eight offices across the country. [1] [2]
Ma Foi marketing campaigns have the slogan "From Managing People to Knowledge".
The company is in three verticals, [1] [2]
This article has multiple issues. Please help
improve it or discuss these issues on the
talk page. (
Learn how and when to remove these template messages)
|
Company type | Private |
---|---|
Industry | Management consulting |
Predecessor | Ma Foi Management Consultants |
Founded | 2012 (as Ma Foi Strategic Consultants) [1] [2] 1992 (as Ma Foi Management Consultants) [3] [4] |
Headquarters | Chennai, India |
Area served | International |
Key people | K. Pandiarajan [2] [5] |
Ma Foi Strategic Consultants is a global management consulting firm headquartered in Chennai; [1] [5] offering Strategic Consulting, Research and Education services.
It was founded in 2012 as an evolution of the Ma Foi brand in India. [6]
The inception of the brand 'Ma Foi' (pronounced "Ma Fwa") was in 1992 as " Ma Foi Management Consultants Ltd", [3] a Chennai based HR service provider founded by K. Pandiarajan [7] to tap into opportunities arising out of the 1991 economic liberalization policies in India.
On choosing the French name, the founder commented in an interview - "We were targeting the international market. So, Ma Foi -- or My Word -- symbolized what we wanted to say and do." [8]
In 2004, Vedior NV, a Dutch head hunting firm acquired a majority stake in Ma Foi Management Consultants, to develop its business in South-East Asia and West Asia. [9] Three years later, Randstad Holding NV acquired the operations of Ma Foi, through its December 2007 US$5.14 billion acquisition of Vedior. [10] [11] In April 2012, "Randstad India" replaced Ma Foi, [12] which by then had become a brand in the professional recruitment space. [13]
With Ma Foi, the founders gained a service spectrum that extended beyond recruitment [14] especially in strategic consultancy; and on 5 April 2012, they announced that brand Ma Foi would exit from HR consulting services with the launch of a new venture focusing on management consulting and education space - Ma Foi Strategic Consultants Pvt. Ltd. [1]
The venture will have investments of over INR 25 crore in the first three years. [2] The new company got into an agreement with Randstad for using the brand Ma Foi for three years. Eventually, the brand would be bought over, depending on the legal approvals. [5]
The company would set up two business management schools by 2013 end— in Chennai and Madurai. The eventual plan is to start a chain of management schools on a franchisee model. [1] [2]
It is headquartered in Chennai, and employs over 50 employees. It is currently planning to acquire three to four companies and will open eight offices across the country. [1] [2]
Ma Foi marketing campaigns have the slogan "From Managing People to Knowledge".
The company is in three verticals, [1] [2]