Mahindra & Mahindra Limited | Integrated Annual Report 2025-26

179 STATUTORY REPORTS | Management Discussion and Analysis • Development Programmes: Mahindra has significantly bolstered functional capability building through structured academies. ▪ The HR Unnati programme offers a comprehensive journey for HR professionals, covering business acumen, analytics, AI, competency-based interviewing, rewards, and IR, culminating in certification. ▪ The Tech Wizards flagship initiative empowers technology leaders by fostering a growth mindset, executive presence, and cross-functional leadership through immersive, application-led learning. ▪ The Emerging Finance Leaders Program is meticulously designed to develop next-generation finance leaders with strong business, strategic, and financial capabilities. ▪ A Group-wide Controllership Program, designed with IIM Ahmedabad, equips frontline finance talent to uphold the highest standards of governance. ▪ The Women Leadership Development programme, She Is On The Rise, focuses on accelerating women leaders by building confidence, leadership presence, and holistic progression within the Group. MLU’s approach seamlessly blends immersive classroom experiences with digital innovation, coaching, and real-world application, transforming programmes into journeys that enable leaders to translate insights into action and drive significant business impact. Recognition from reputed forums underscores MLU's dedication to delivering education that is experiential, inclusive, aligned with business realities, forward-thinking, and profoundly human. By championing these forward-thinking programmes, Mahindra unequivocally affirms its dedication to nurturing a dynamic pipeline of future-ready leaders, elevating workforce capabilities, and empowering individuals to realise their full potential. These strategic efforts not only propel sustainable organisational advancement but also establish a resilient framework for the Company’s long-term prosperity. Highlights of Digital Learning Initiatives A pivotal focus for MLU has been seamlessly integrating digital learning into the leadership journey. Throughout the year, MLU launched 34 innovative digital learning initiatives, notably advancing microlearning through bite-sized, high-impact modules designed for effortless access and on-the-go consumption. This strategic approach has enabled scalable, on-demand, and personalised learning experiences, considerably boosting engagement and empowering learners to build capabilities in a flexible and continuous manner. Mahindra Leaders Program (’MLP’) At the entry level, MLP stands as the Company’s premier campus-to-corporate initiative, tailored for high-potential talent from India’s top B-schools. This dynamic and immersive, rotation-based programme provides participants with early exposure to Group Strategy, core businesses, and cross-sector experiences and learnings. Participants gain a comprehensive understanding of how various business units operate, and more importantly, how strategic decisions interconnect and impact the broader Mahindra ecosystem. This holistic approach ensures that the emerging leaders are not only well-versed in their specific domains but are also equipped with a nuanced appreciation of the complex, interconnected nature of the organisation, ready to drive synergistic growth and innovation. Focus on Key Functional Tracks Capability building is firmly anchored in a tiered, persona-based architecture that fosters structured development aligned with role complexity and leadership maturity. Foundational programmes like Safe2Express and Customer Obsession cultivate shared values, psychological safety, and a customer-first mindset, ensuring organisational alignment and consistent leadership behaviours. The Signature Programs layer combines leadership, behavioural, and functional capabilities through blended and scalable interventions addressing enterprise-wide priorities such as business acumen, execution excellence, collaboration, and people leadership, while adapting to evolving business needs.

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