Consultants Corner New Year 2014 edition

Consultants’ Corner A Bi-Monthly e-Journal from

Issue 85 | Pages 1– 14

What’s Inside......

Murali’s Musings

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2013 A Quick Recap

4-11

2014 New year celebration

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January 2014- New Year Edition

From the Editors Dear readers, The year 2014 is special for all of us at MaGC. Not because of the fact that we are entering into a new year hoping to bring more joy, peace adn harmony in our professional and personal lives, but because 2014 brings about the transition from NCRCL to MaGC.

is now

The New Year issue of Consultants' Corner has been compiled around this transition. This issue is a recap of all the things we at NCRCL have been upto in 2013 in pictures and a glimpse into what to expect in the coming year. We hope to kindle sweet nostalgic memories as you browse through the pages. We wish all MaGCites a MaGnificent new year 2014.

As always we solicit your valuable feedback on Consultants' Corner and your invaluable contribution in the form of interesting articles in 2014 as well.

Management and Governance Consulting Private Limited

Chess Tournament launched on 31st December 2014 at MaGC Bengaluru MaGC employees can go to mymagc.in for more details

Consultants’ Corner New Year Edition

Murali’s Musings Dr. Murali R S Managing Director MaGC

Till now we have been able to develop models such as 3PT™, LAMP™, AEM™, ATA™ based on internal research and use the same for the benefit of our clients.

Everything changes; you have already changed and aged since you started reading this column a few seconds ago. MaGC™ (pronounced mag-see) I feel is more representative of the work we do. We do work broadly in the areas relating to management and governance. From another perspective these two words respectively seem to represent the private and the government/development sector. And so it is – MaGC™!

Management and Governance Consulting Private Limited MaGC™ (formerly NCRCL®) took its first steps in the year 1999 and has grown by leaps and bounds the past decade in the area of management consultancy.

The Company has made its presence felt even in countries outside India in Middle East, Far East, and Africa.

The focus of our consultancy assignments has been on diverse areas of strategy, governance, management, finance, accounting and information technology. We fly high both in the Indian and International arena and enjoy a large group of clientele in public and private sectors including Government, Corporate, Education, Banking and NGOs. As consultants, we believe in commitment to the assignment through a variety of interventions that are appropriate, timely, human sensitive, technology oriented and value directed for the happiness of our clients. ™

MaGC owes its success to its team comprising of highly qualified and trained professionals excelling in their field of specialization. Excellence according to us is a product of education and experience that is fine-tuned through research and implementation. “Learning” is a daily routine for the MaGC™ team. MaGC™ also networks with independent specialists and associate organizations for both professional and functional areas to fulfill the demands of the changing market and to meet the various aspects of the client requirements.

MaGC™ has been working hard to develop exclusive intellectual property in the areas of Management Consultancy.

One of our friends reacted “this name for your company is nice it seems like „magic‟ ”, and I shot back saying „yes it is magic without “I” – the ego! I am sure with humility, hard work, commitment combined without ego MaGC™ is bound to do the magic!

It is said that a good word inspires you to do good things, and the good things you do generate goodwill, and the goodwill gets you good fortune. I am sure MaGC™ is fortunate not only in terms of the excellent team that works with all the said positive qualities, but a set of excellent clients across sectors and continents who are committed to our advice and recommendations.

With renewed energy and knowledge (yellow), with potential and possibilities (black) represented by the thematic colours of MaGC™ I am sure Team MaGC™ is bound to create magic (without the „I”)!

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January

Consultants’ Corner New Year Edition

2013 A Quick Recap

Gopal Agarwal, Ashok Rao & Shrikanth Maiya with Police Sub-Inspector discussing a point as part of “Process Mapping of Police Stations” project

A team from KPMG paid a visit to MaGC Bangalore office on 18th January 2013 to get insights on our Taluk Panchayat Strengthening project

4 Dr. R S Murali and Kishore attended a week long certificate course on Forensic Accounting conducted by ICAI, Chennai.

RSM was adjudged the third overall best student.!!!

Study circle presentation at MaGC A presentation on IFRS 13 being presented by Gopal Agarwal and Karthik M V during the i2i IFRS Management Services Seminar held on 03rd January 2013 at Bangalore

Indian Philosophy and Heritage - Session III by Dr R S Murali on 30th January 2013

February

Consultants’ Corner New Year Edition

Study circle presentation at MaGC Business Process Re-engineering for Karnataka State Cricket Association by U S Mohanty on 22nd February 2013

Professional Achievements Vinod Murali cleared one group of CA Final

RSM gave a talk on Achievement Motivation at MaGC Bengaluru office on 27th February 2013

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Team MaGC (RSM, Kishore, Bhavana, Namith and Krishnan) were at ICSR, IIT Chennai as a part of implementation phase discussions of our earlier project.

Presentation of the next version of DocuMan by Raghu of Deltacadd on 20th Feb 2013 at MaGC Bengaluru and Chennai through video conferencing

March-May

Consultants’ Corner New Year Edition Dr. R S Murali was elected as the Vice President of Institute of Management Consultants of India!!

Professional Achievements R Bhavana is now a qualified Company Secretary having cleared all the groups in the first attempt within a span of two years.

Vishnu Prasaad has cleared his cost accountancy and is now a qualified Cost Accountant.

Wedding Bells!!!

Roopa Kamath exchanged marital vows with Venkatesh on 29th Apr 2013

Vinod Murali cleared one group of CA Final R S Murali and Kishore completed a certificate course in Forensic Accounting and Fraud.

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Krithiga Priyadarshini and R Bhavana at Ethiraj College on 13th March 2013 on the occasion of Inter-college Debate competition as a part of Consumer Day

Karthik M V addressing MBA students on 'Implementation of IFRS - The Indian scenario' at a National Seminar on IFRS at the Indian Academy, th Bangalore on 7 May 2013

Final Report submission of Chennai Metropolitan Water Supply & Sewerage Board on 22nd May 2013

June

Consultants’ Corner New Year Edition

MaGC Chennai team during their one day trip to Pondicherry in June 2013

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June-September

Consultants’ Corner New Year Edition Study circle presentations at MaGC

Professional Achievements

Namith & Lakshmi Narayanan cleared one group of Costing (Inter) in June 2013 exams.

Sandya Manohar cleared CA examination in the month of July.

Vinod Murali cleared his CISA examination in the month of August An orientation session was held by MaGC and KIPA with Training faculty at Karnataka State Accounts Department Controller‟s office on 31st July 2013

Dr. R.S. Murali conducted a session on „My Experiences in Botswana‟ on 02nd August 2013.

U S Mohanty conducted a session on ‘Fraud Detection and Forensic Accounting’ on 14th & 29th August 2013.

Ashok Rao conducted a session on ‘Equator Principles’ on 05th September 2013.

Bhavana R. conducted a session on ‘Secretarial Standards’ on 20th September 2013.

Dr. R.S. Murali conducted a session on th ‘Publications and Research’ on 27 Septmber 2013.

8 Wedding Bells!!!

Bhavana from MaGC, Chennai exchanged marital vows with Vinod on 14th July 2013

Dr. R.S. Murali with Mr.Boatametse Modukanele and with Mr. Ruud Jansen of UNDP PEI during his stint in Botswana on the Scoping of Public Environment Expenditure Review Project for the Government of Botswana.

Dr. R S Murali, Suresh C S, Ashok Rao, Ananthakrishnan and Karthik M V with other participants of a Training Workshop organised by the “Institute of Management Consultants of India” on 28th Sep 2013 at Chennai

MaGC mourned the death of Mr R. Ramachandran, ex-employee of our Chennai office who passed away on 15th September 2013.

September-October

Consultants’ Corner New Year Edition

Study circle presentations at MaGC Dr. R.S. Murali conducted a session on “Consulting Process - Part I” on 05th October 2013.

Dr. R.S. Murali conducted a session on “Consulting Process - Part II” on 11th October 2013.

Dr. R.S. Murali conducted a session on “Preparing ourselves for Consultancy’” on 25th October 2013.

The 14th Annual General Meeting of MaGC was held on 14th September 2013 at Hotel Deccan Plaza, Chennai

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Dr. R S Murali, Ashok Rao, Kishore interact with the SERP officials during their visit to Hyderabad & Bibinagar on 22nd October 2013 as part of their Project with SERP

Dr. R S Murali delivering the Valedictory speech at Synapse 2013 event conducted by the Department of Management Studies, Pondicherry University on 20th October 2013

October

Consultants’ Corner New Year Edition

10 Ayudha Pooja being celebrated on 11th October at MaGC Bangalore (see pics in left) and 12th October at MaGC Chennai (see pics in right)

October

Consultants’ Corner New Year Edition

MaGC Bengaluru team during their one day trip to Talakadu & Somanathapura on 2nd October 2013

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November-December

Consultants’ Corner New Year Edition

„Preliminary Training Programme on Double Entry Accounting System and Introduction to Updated Municipal Accounting Manual and Municipal Budget Manual’ for the Officials of ULBs commenced on 05th November 2013. 720 trainees are targeted for the entire training programme and as on 31st December 2013, 305 trainees were trained at the Tamil Nadu Institute of Urban Studies, Coimbatore

12 Wedding Bells!!!

Babu Rajendra Prasad from MaGC, Chennai exchanged marital vows with Mahalakshmi R on 15th November 2013

Professional Achievements Kishore cleared his CMC examination in the month of December

Karthik M V got engaged with Nitya Nair on 07th Nov 2013 Mohanty got engaged with Gouri on 22nd November 2013 Gopal Agarwal got engaged with Sunita Agarwal on 01st December 2013

Study circle Presentations at MaGC Karthik M V conducted a session on „One son Company‟ on 16th December 2013

Per-

Praveena K R conducted a session on „Agile methodology an overview‟ on 20th December 2013

Consultants’ Corner New Year Edition

December

New year celebration in MaGC Bengaluru!!!

The MaGC-Bengaluru team ringing in the New Year by cutting cake and having fun during the games organized by the Admin team of Mahesh, Shrikanth Maiya and Gopal Agarwal.

Game

Winner

Tambola

1st row: Yallappa Middle row: Padmaja Last row: Praveena Corner: Mahesh Full house: Ashok Rao

Glass Pyramid

Group game winner: Mahesh, Yallappa, Nandini, Karthik

Moving Balls

1st: Yallapppa 2nd: Mohanty

Tangram

Ashok Rao

Pictures of the winners being felicitated during the new year celebration

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Our Mission is to apply our professional capabilities with a holistic approach for the happiness of clients, through values and social commitment.

Editorial Board

Contact

Mr. C S Suresh, Executive Director Mr. Ashok Rao, Executive Director Editors Ms. Sandya M, Consultant Mr. Karthik M V, Consultant Published by MaGC Private Limited, Chennai & Bangalore Email to cc@magc.in

Management and Governance Consulting Private Limited

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