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Financial Daily from THE HINDU group of publications Tuesday, September 18, 2001 |
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RM Associates opens office in Bangalore
Our Bureau
BANGALORE, Sept. 17
RM ASSOCIATES Pte Ltd (RMA), a Singapore-based human resource solutions company founded by professionals of Indian origin, has opened its office in Bangalore to tap the rich potential available for its specialised business of executive search and selecti
on for leading global corporations. RMA started its operations in India from Mumbai only six months ago and also has a presence in the US, Europe and Asia.
While focussing largely on the traditional economy, RMA's structured search and selection services included a ``Vector Program'', which covered the needs of blue-chip clients from IT, telecom and engineering sectors, said Mr Ravi S. Machiraju, Managing D
irector.
He said RMA had structured its practice into seven distinct groups such as board/top management, manufacturing, banking and finance, sales, marketing and emerging market, including the Vector Program.
Such an approach helps RMA to develop in-depth industry-specific global search capabilities and a better understanding of the structure, functioning and requirements of the relevant industry sectors.
With rationalising costs through outsourcing catching up fast, outsourcing of entire department such as finance and the like-specialised streams is giving a fillip to RMA's business scope.
``This trend of outsourcing an entire department has started in the US,'' said Mr Machiraju.
RMA works with its clients to help them develop dynamic, high-performance corporate teams and leadership capital they require to meet the challenges offered by global markets.
Another stream of RMA is `Interim Management Practice', which specialises in locating senior, acknowledged leaders in specific areas who are not interested in full-time appointments, but are looking at working for large corporations for short-term specif
ic targets and projects.
With its focus on emerging economies such as China and India, RMA is pursuing its programme to increase its presence in India by opening one more office in Delhi.
``A good executive should differentiate itself from those who simply collect and circulate candidates' resumes,'' he said, replying to a question on his company's position against the plethora of online outfits.
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