Thursday, December 7, 2023

Mahindra group president shares strategy of �Rise�

Jamshedpur, Aug. 26 : As a part of the �Leadership Talk Series� organised by XLRI, Jamshedpur, Rajeev Dubey, group president (hr & corporate services), CEO (After-Market Sector), member of the Executive Board � Mahindra & Mahindra Ltd.

spoke about �Creating Tomorrow�s Leaders: The 3+5�. The talk threw light on the 3+5 philosophy followed by Mahindra & Mahindra and why they are driving to successfully apply it to the multiple businesses they are in.

As per Dubey, the key to creating sustained outperformance at an organisational level is the outcome of showing extreme care for stakeholders and focusing on the core values.

After having answered the three perennial questions of why, what and how, it is imperative to look at the question of �Who are we?� at every stage was the key idea that Mahindra & Mahindra used.

The talk went on to describe the importance of strategy, metrics, structures and processes but emphasized that human beings form the core. The �3� of the 3+5 were described as the three attitudes of accepting no limits, alternative thinking and driving positive change.

Alignment of HR processes to these three pillars aims to unleash potential through empowerment and shared values.

The concepts of whole new world, multipliers, managing fear and failure, mindfulness and trust form the five behaviours that ensure that the 3 pillars rise.

The �RISE� manifesto that Mahindra & Mahindra believes in is based on the 3+5 model. The best part of the 3+5 system is its non-prescriptive nature and the freedom it offers to push the changes depending on the environment.

The talk also went on to talk about the business advantages of CSR, the importance of the values of truth, compassion and service with stress on the joy of giving back.

The presentation was followed by an enthusiastic question and answer session with participation from the faculty and students.

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