Mahindra- A Great Place to Work

Six Mahindra companies were recognized in the prestigious ‘India’s Best Companies to Work For 2020’ list – a testament to our consistent efforts at creating a caring and high-performance employee-centric organisation.

The Mahindra companies that made it into the 2020 listing included:

  • Rank 10 - Mahindra Insurance Brokers Ltd.
  • Rank 19 - Mahindra Rural Housing Finance Ltd.
  • Rank 20 - Automotive and Farm Sector (AFS), Mahindra & Mahindra Ltd.
  • Rank 21 - Tech Mahindra
  • Rank 25 - Mahindra Finance
  • Rank 51 - Mahindra Holidays & Resorts

Compiled by the Great Place to Work Institute (GPTW), the study is considered the gold standard in workplace culture assessment. GPTW identifies ‘best workplaces’ based solely on employee feedback, and the quality of an organisation’s People Practices. Companies are judged on five criteria that create a ‘high-trust, high-performance culture’ – these include credibility, respect, fairness, pride and camaraderie.

AFS has been featured on this listing for the eighth year in succession and at 20th place, it has also improved its ranking from the previous year. Mahindra Finance also ranked 6th in the ‘Best Large Workplace in Asia 2020’ study conducted by the GPTW. Tech Mahindra was also ranked among the ‘Best Mega Employers’ (companies with over 50,000 employees) and one of the five ‘Best Companies in Career Management’.

“We’re extremely delighted that three of our companies feature among India’s Best Workplaces 2020,” said Ramesh Iyer, Vice Chairman & MD, Mahindra Finance, and President, Mahindra Financial Services Sector. “Engaging with employees, respecting them, encouraging collaboration, and inspiring them to go the extra mile to contribute to the business is what makes us a great place to work for.”

Commenting on the achievement, CP Gurnani, MD & CEO, Tech Mahindra, said, “This is the collective win of 125,000+ people who resolved to build a great institution by working towards a common goal in more than 125,000 different ways. They were led by purpose, powered by technology and driven by a culture of Rise”.

“At the heart of everything that we do in Club Mahindra is making moments magical for our members and their families, and we have succeeded by inculcating a culture of ‘SEWA’ among our team members. SEWA stands for Service with Empathy, Warmth and Attentiveness,” added Kavinder Singh, Managing Director and CEO, Mahindra Holidays and Resorts India Limited.

Alex Lynn Takes the Wheel

Alex Lynn, GP3 Series Champion in 2014 and the Macau Grand Prix and Sebring 12 Hours winner, is all set to join the Mahindra Racing team. The 26-year-old Brit will pilot the #94 M6Electro racecar for the remainder of the 2019/20 ABB FIA Formula E Championship alongside Jérôme D’Ambrosio in the #64 car.

“I’m really excited to represent Mahindra in Berlin. I have high ambitions in this championship that match what Mahindra wants to achieve. I just can’t wait to get started," Lynn said about the development.

Echoing Lynn’s sentiments, Mahindra team boss Dilbagh Gill said, "Alex has achieved some fantastic highlights in his career already and we’re confident that together we can get results in the remainder of Season 6.”

Demonstrating his versatility as a racing driver, Lynn achieved successes in both single-seater and sportscar categories.

He achieved early single-seater championship titles in Formula Renault UK Winter Cup and Formula Renault UK. In 2013, he took victory at the renowned Macau Grand Prix, and then took the overall championship win the following year in the GP3 Series in his rookie campaign.

He is a multiple race winner in the GP2 series and fulfilled a development driver role for the Williams Racing Formula 1 Team. He has Formula E experience having raced with both DS Virgin Racing and Jaguar Racing, and has competed in a total of 21 races, with his best result coming at Punta del Este where he finished sixth.

"It’s not easy to jump in mid-season, especially with the unique way we will be running the races in Berlin, but Alex has a hunger, talent and experience that we are sure will pay dividends fast,” added Mr. Gill.

Getting Cyber Secure

Tech Mahindra has entered into a strategic collaboration with Lucideus, a global leader in cyber risk quantification solutions, to conduct annual cybersecurity risk assessments for top global organisations. The initiative titled – Most Admired Cyber-Secure Enterprise (MACE) – will help global corporations measure and mitigate their prevailing cyber risks in real-time through a complimentary online assessment.

MACE, an ongoing annual assessment, is aimed at bringing the most advanced cyber risk quantification solutions to customers globally and transform the way businesses monitor cybersecurity. The programme was launched on June 22, 2020, by CP Gurnani, Managing Director and Chief Executive Officer, Tech Mahindra along with John Chambers, Ex-Chairman, CISCO at a virtual event on how enterprises are accelerating their digital transformation in the post Covid world.

The MACE programme will ensure proactive identification and minimise susceptibilities. The participating organisations will be measured and comprehensively evaluated across 25+ parameters including cloud, web and network, email, domain name system, leaked credentials in the deep and dark web, internet protocol & domain reputation, employee enumeration amongst others. Post the assessment, all the participating companies will receive a personalised report that will rate and score them on their present cyber risk posture and the probability of a breach occurring in the next 12 months.

Commenting about the partnership, Rajesh Chandiramani, Senior Vice President and Global Business Head ESRM, AI & Data Analytics, Tech Mahindra, said, “Today our customers view cybersecurity as not only an essential security tool, but rather a part of board room discussions, as it has emerged as a key differentiator impacting both top-line and bottom-line. Through the strategic initiative, Tech Mahindra endeavours to reiterate its position as the cybersecurity partner of choice by helping our clients be future ready and secure their digital assets through proactive sharing of trends and analytics to mitigate future threats.”

The cybersecurity market is forecast to grow from USD 152.71 billion in 2018 to USD 248.6 billion by 2023, a CAGR of 10.2%. With the increased adoption of digital technologies, and the new normal of working from home during the corona pandemic, businesses are susceptible to cyber-attacks now, more than ever. The collaboration with Lucideus aligns with Tech Mahindra’s TechMNxt charter to deliver innovative and cutting-edge technologies in cyber security and risk management to customers globally.

  Tweet of the Week

Anand Mahindra

The rain Gods have been kind. As I’ve said before, the recovery will be led by our farmers & our rural economy. But we need to ensure that post the ag season, the urban economies have opened up and there are jobs for returning migrant workers as well as smooth transportation back

Sachchidanand Shukla

Rural unemployment rate (CMIE) fell to 7.2% (vs 10.9%) in the prev week. The #rural job loss rate has fallen to its lowest in 3 mnths, even < than in the week before Mar 25 when India went into a lock down. Rising rural labor participation rate bodes well for the #indianeconomy.

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