Our firm's main focus is on ensuring the success of our clients and accomplishment of their goals, rather than on winning awards for ourselves and broadcasting our achievements. At the same time, we understand that awards and accolades may be indicators of success; and we will be more than pleased to share such information with you, as may be required.
MGC & KNAV, which commenced its operations as a joint venture between Monish Gaurav Chatrath and the KNAV Group in September 2015, is today an integral part of the KNAV Group and a member of the US$ 2.5 billion, US headquartered Allinial Global.
Visions are easy to formulate. Implementation is hard.
The vision for MGC & KNAV is 'to simply be the best providers of risk advisory services’. In a short span of two years, the path towards the realization of this vision has seen a revolutionary and unprecedented growth. The merits of governance and enterprise wide risk management are deeply embedded in all of its risk advisory service offerings, which are driven by a unique passion, sense of commitment, quest for excellence and with a clear vision.
According to Monish G Chatrath, the Managing Partner of MGC & KNAV, “Our sense of accomplishment, is whenever a client states that because of us, he has been able to get a sound sleep.”.
According to Tarun Kher, Associate Partner at MGC & KNAV, “A vision is only successful when it resonates with and appeals to the aspirations of all stakeholders, which includes our clients and team members. Ours is an engaging story that people want to be a part of, where challenges are overcome with cohesive teamwork and where our vision is deeply embedded in our day to day working ethos and practices”.
Far too many organisations fail, because they are unable to walk the talk. While some manifest fear as a safeguard from failure; others do not even try, believing that they are restricted by limits. And in doing so, many of them get caught up in the status quo. While throwing light on the successful partnership of MGC & KNAV, Chatrath has stated “The choices are always simple - either we give in to these pressures or we don’t. We decided to ignore these pressures, innovate and push the boundaries to create a space of our own”.
According to Kher, “Our philosophy revolves around the element of trust, building relationships and delivering at the minimum what we commit. Money is important, but relationships for us come first.”
MGC & KNAV has made substantial investments in its avant-garde office, training, tools and support staff, which includes its HR and administration teams. A strong team of over 90 professionals operate from these facilities. The firm has hired partners, directors, senior managers and accomplished professionals from the big 4 and large risk advisory services firms and several additional appointments are in the pipeline. According to Chatrath, “Attraction and retention of top quality talent are central to our success. While investments in most assets are susceptible to depreciation, investments in people, when managed effectively only appreciate over time.”
While the hiring process at MGC & KNAV is exhaustive and robust, the Firm ensures that its staff are continuously engaged and empowered to put in their best which has led to the attrition in the firm being negligible, in a field and at a time where the firm’s competitors are seeing high rates of attrition. This ensures continuity to the recipients of risk advisory services.
According to Chatrath, “PM Modi’s words resonate with the vision of the KNAV organization – our Hon’ble Prime Minister wanted to see an Indian professional services firm take the center stage across the globe and we believe that KNAV is well on its way to getting there.