MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23
131 Our performance in numbers for digital courses on LXP Platform - Number of learning items consumed 10,00,000+ Number of active users 84,811+ NPS score 73% F23 was a remarkable year where globally, Mahindra learners started to increase their focus on functional skill development and the MLU academies rose to the occasion. We conducted several skill development initiatives during this time, a snapshot of them is as follows: Highlights of the Academies F23 also saw our academies pivot towards a skills- f i rst approach towards del i ver i ng learn i ng interventions. We started the year by identifying the core skills and prof iciency levels across the Finance, HR and Technology functions and followed this up by launching targeted in-person and digital learning journeys. F23 saw the graduation of the f irst batch of Future HR Leaders Programme, the intent is to build our future HR Heads through a process of robust leadership development and functional skill building initiatives. In addition, we launched and delivered the HR Unnati programme focussed at strengthening the middle of our HR pyramid. Finally, we continue to drive specif ic skill building programmes across the entire range of HR topics to ensure that our HR professionals stay ahead of the curve. The Finance Academy of MLU successfully launched the Emerging Finance Leaders programme in partnership with the Indian Institute of Management, Ahmedabad and a leading consulting f irm. The intent has been to develop the next generation of f inance leaders from within the Group. The Finance Academy has also placed a strong focus on Controllership over the course of the year and conducted several programs across the Group companies. Our Technology Academy continues to focus on developing deep skills across a range of emerging technology areas through a combination on in- person and online bootcamps. From F22 onwards, our focus has been to bring world class digital learning content to our employees across all management grades. To that effect, we entered into strategic partnerships with key content partners such as Udemy, HMM Spark etc. Furthermore, in order to make the learning experience truly world class, we have also launched the EdCast by Cornerstone, learning experience platform for employees across a number of our Group companies. Our learning experience platform now consolidates our various digital learning content providers under a single umbrella for the learner and by leveraging the power of artif icial intelligence and machine learning, it is able to provide highly personalised learning content to our employees across the Group. Furthermore, we have been able to leverage the platform well beyond standardised e- learnings and this has led to both a high adoption rate as well as learner NPS. In a short period of time, we have seen approximately 90% adoption rate and more than 1 million items of learning consumed. We believe this is a testament to our skills f irst approach of capability development and we anticipate further demand for learning content over FY24. Highlights of our Digital Learning Initiatives RE-IMAGINING THE NASHIK CAMPUS Our Nashik MLU campus is a world class facility built around the modern learner. With multiple Mahindra plants and off ices located in a 100 km radius of this facility, the campus is generally a beehive of activity! It is detached from the hustle bustle of the city life and is surrounded by more than 650 trees, flora and fauna. Yet, because of our digital f irst approach to learning, our learners are always connected to the best learning resources always.
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