annual-report-FY2021

The Transformational Work Culture initiative aims to create an engaged workforce with an innovative, productive and a competitive shop floor ecosystem. These programmes include Rise for Associates, Cultural Diagnostics Projects, Transformational Work Culture Projects, as well as Industrial Relations Skills for Frontline Officers, E-Portal for Reward and Recognition of Associates, Code of Conduct for Associates and E-Compliance. We have constituted an Employee Relations Council that will promote the work of the Committee and lead the design, implementation, and review of these programmes. To improve quality, safety, and productivity, our Company's shop floor associates generated on an average 11.5 ideas per person. We organised a 'Mindset Transformation' training for cell members and union leaders titled 'Nayi Soch - Naya Dristikon' and various skill building programmes aligned with digitisation at workplace. We witnessed a very positive Industrial Relations scenario across all manufacturing locations of Automotive and Farm Divisions. Bonus settlements were amicably agreed upon at all locations and sustained efforts to build a transformational work culture that resulted in zero production loss in F21. Industrial Relations Proactive and employee-centric shop floor practices, a focus on transparent communication of business goals, an effective concern resolution mechanism, and a firm belief that employees are the most valuable assets, are the cornerstones of the Company's employee relations approach. An 'open door policy' with constant dialogue to create win- win situations has helped build trust and harmony. Open Door Policy The organisation implements multiple training and engagement programmes with a holistic approach to enhance the skill and capabilities of shop floor associates. These include various programmes on team effectiveness, individual effectiveness, safety and environment, quality tools, TPM (total productive maintenance), skill building, and union leadership development. In F21 all international competitions were put on hold to curb the spread of the pandemic. Mahindra Skill Excellence Our health initiatives include annual medical check-ups, screening camps, emphasising balanced nutritious meals, health promotional activities, and awareness programmes. We maintain individual 'Employee Health Index' to identify employees who require counselling and support. We also have a 'Wellness App' for employees to access critical health information. Ensuring a Healthy Work Environment TRANSFORMAT IONAL WORK CULTURE 48 COMPANY OVERVIEW SUPPORTING COMMUNITIES TO RISE PIVOTING TO GROWTH RISING THROUGH INNOVATIONS RISING WITH FOCUS ON ESG CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS

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