Mahindra’s Automotive and Farm Equipment Sectors participated in the Asia study
Honor bestowed by Great Place to Work® Institute, the global authority on high-trust, high-performance workplace cultures
Mumbai, May 09, 2017: Automotive & Farm Equipment Sectors of Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, was recently recognized as the 25th best large workplace in Asia, 2017 byGreat Place to Work® Institute, world’s leading institute for workplace excellence and people management practices. The study that spanned over 1,431 organizations in Asia adjudged Mahindra as one of the best workplaces, along with other reputed organizations. 2017 marked the second consecutive year for Mahindra to feature in the top 25 list of large workplaces.
Dr. Pawan Goenka, Managing Director, Mahindra & Mahindra Ltd. said, “I am delighted to know that we are ranked as 25th in Asia in the benchmarking study for Great Place to Work. I dedicate this recognition to our employees as a collective achievement. Our aspiration to grow globally requires us to keep an eye on trends in future of workplaces and participation in such studies help us improve and innovate continuously on our People Practices. I do believe that it’s the people who are our most valued asset and it’s only through them that we will realise our vision.”
Great Place to Work® Institute uses its proprietary assessment tools to evaluate workplace culture. These are measured along the dimensions of the culture of Trust, viz., Credibility, Respect, Fairness, Pride and Camaraderie. A high-trust culture is believed to help organisations attract people, improve performance, retain top talent, foster innovation, and assure a sustainable business. This year, Mahindra AFS noted an increase in scores across all five dimensions, with Pride and Credibility continuing to remain consistent strengths.
Rajeshwar Tripathi, Chief People Officer, Mahindra & Mahindra Ltd., said, “Trust, Empowerment & Care for our people is at the core of our people policies at Mahindra. This helps us drive strong employee engagement and fosters a culture of outperformance. We are happy to be recognised amongst Asia’s Top 25 Best Workplaces, second time in the row. Going forward, we are conscious of the increasing challenges of attracting and retaining the right talent and are proactively working towards the same. Talent mobility both ways is fast defying the boundaries of specific industry we operate in. In this context, benchmarking studies like Great Place to Work study provide us an excellent lens to get an outside perspective on where we stand on our people practices, which, in turn, help us stay relevant and a step ahead of others.”
The Mahindra Group is a USD 17.8 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.