8. Milestones 1992 Inception of Ma Foi 1994 Transition from private limited to public limited company. 1996 Crossing a turnover of INR 10 Crores & Expansion to multiple locations within India through own offices 1998 Expansion of Service portfolio to HR Outsourcing, Executive Search as a separate business unit & First Bonus issue 2000 ISO Certification 2001 Foray into International Market 2002 Crossing 5000 Deputee mark 2003 Further expansion within India through Franchisee network
9. Milestones 2004 Became a part of Vedior – World’s largest specialist staffing major. Launched Ma Foi Academy – The Career Training Division of Ma Foi. Crossed the 10000 deputee mark & emerged as the leader in flexi staffing business in India. Release of the first Ma Foi Employment Survey (MEtS) 2005 Merger of Consulting & Outsourcing business to form a separate subsidiary - “Ma Foi Consulting Solutions Ltd.” Spun off the Executive Search Business – “Ma Foi Global Search Services Ltd” & became a part of the global executive search networks like – International Executive Search Federation &Taplow, representing them in specified geographies. 2006 Ma Foi strategic diversification into IT through a wholly owned subsidiary – MINVESTA INFOTECH LTD.
10. Milestones 2007 Ma Foi wins the prestigious certificate for ‘Strong Commitment to Excellence’ from CII-EXIM Business Excellence Award Geographic Expansion continues as we enter markets in China, Thailand and Hong Kong 2008 Became a part of Randstad – Since acquiring Vedior in 2008, the Randstad Group is the second largest HR services provider in the world Won the ‘International Asia Pacific Quality Award’ in the large services category. This award is administered by the Asia Pacific Quality Organization (APQO) Takes over the management responsibilities of Team4U, a Staffing company that focuses on mass customization business 2009 Takes over the management responsibilities of Emmay HR, a Search and Selection Company M-Payroll Software from Minvesta wins Accreditation from HMRC, UK 2010 Launch of Ma Foi Randstad brand in the month of March 2010
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12. Leadership Model Board of Directors (BOD) Operational Board (OB) Management Council (MC) Institutional Members (IM) 4 LEVELS Ma Foi Randstad Board + Service Heads + Subsidiary Heads Management Council + Members over 2 years of experience in Ma Foi Randstad & who have consistently got a performance rating of over 3 OB – Monthly BOD – Quarterly MC – Half-Yearly IM - Annual Randstad (4 Members)+Ma Foi Randstad Board (3 Members ) Operational Board + Center Heads + Practice Heads