MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

THE MAHINDRA LEADERSHIP UNIVERSITY Your Mahindra Leadership University (MLU) has consistently delivered impact through high velocity programs over the course of F23. In F22, we re-def ined out operatingmodel to become a centre of excellence for leadership development. In FY23, we have delivered on this mandate through multiple programmes across a range of critical areas. The inputs from the 'People Conversations', periodic connects with the CEOs and CHROs, and our focus on market scanning feeds into the Mahindra Leadership University through which we offered flagship Leadership Development Initiatives: Mahindra Accelerated Leadership Track: Our ongoing strategic alliance with Carnegie Mellon University to develop an accelerator programme Mahindra Accelerated Leadership Track (MALT) is now in its second year. This track seeks to identify mid-career high potential talent from within that will occupy key decision-making roles across our group business in the next 12 to 24 months. The f irst batch of 33 associates or MALTees graduated in January 2023, and we are now undertaking active talent management for them to shape their careers. The second batch of 42 associates started their year- long journey in January, 2023. University and leading consulting f irms. The Future Shapers will graduate in Q1 of F24 and once again through active talent management conversations we have already started deploying them across the Group. We are also excited to report that the next batch of Future Shapers will embark on their development journey fromQ1 of F24. We kicked off the "Mahindra Future Shapers" programme with the intent to identify our next generation leadership pipeline and strengthen their capabilities. The programme is being delivered through our long-term strategic tie-up with Harvard F23 also saw the launch of focussed initiatives to strengthen our support and enabling functions through development programs targeted at creating the next generation of functional leaders. We are pleased to report that the Future HR Leaders Program (with an intent to identify the next generation of HR CXOs) successfully concluded in F23 and the Emerging Finance Leaders Program (with an intent to identify the next generation of Finance CXOs) has kicked off in the last quarter of F23. The EFLP program will continue to run over the course of F24 and we will deliver this in partnership with a leading leadership consulting f irm and Indian Institute of Management, Ahmedabad. Mahindra Leadership University's performance in numbers for VITLs- Number of programmes conducted 31 Number of learning hours 20,752 Number of learners served 764 Average Feedback 4.6 130