LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » India News

Mahindra group links talent diversity to business strategy

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Updated: Thu, Oct 12, 2017
10:39 am
PTI
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

The Mahindra group is pitching for greater workforce diversity as it feels that the industry numbers are skewed towards gender and there is a need to focus on the specially abled, the socially disadvantaged and LGBT.

The USD 19-billion group, which is present in more than 100 countries and operates in as many as 11 sectors, believes that the workforce and the marketplace will become more diverse due to globalisation of corporations.

The corporate house follows a multi-pronged approach to diversity. Besides gender, it promotes diversity with regard to the specially abled, race and religion, the socially disadvantaged and LGBT, among others.

"At the end of the day, if we can show with data that when there is greater diversity at workforce, there is better innovation, better productivity and better business, and that is what will finally win the argument," said Rajeev Dubey, Group President (HR and Corporate Services).

Dubey noted that "it is really important for us to keep getting data and evidence to show how diversity -- whether gender or other forms -- are a solid business proposition".

According to Mahindra and Mahindra Chief People Officer Rajeshwar Tripathi, diversity would weave both business and social concerns and therefore, the need arises to link it closely to strategy and business performance.

The group has a headcount of close to 2,30,000, with women forming 20 per cent of the total workforce.

"Fifty per cent of the candidates being brought for interview should be women and that is one thing that we have mandated. But getting that 50 per cent itself is a difficulty," said Prince Augustin, Executive Vice-President, Group Human Capital and Leadership Development.

"Everything being equal, women employees should be given preference... But having said that, we do not believe in setting a target (for women hiring)," he added.

About the increasing adoption of new-age technologies like artificial intelligence, machine learning, Internet of Things, Tripathi said these factors are impacting the overall talent landscape significantly.

"Technology is changing the kind of profile which we were hiring. Even when we go to IITs and NITs, the kind of profile requirement is undergoing a subtle change with the changes in technology," he emphasised.

Citing an example, he said Mahindra and Mahindra assembly lines now have "co-bots" -- collaborative robots in a lot many numbers compared to five years ago.

Tripathi further said that besides technology, changes in business models and product disruptions are significantly altering the talent dynamics.

"The front end customer service is getting digitised very heavily. To deliver a highly digitised experience to the customer, you need to have those kinds of people. Similarly, product disruption like the electric vehicle is in the offing and these kinds of product disruption completely change the way we hire, the way we develop and the way we train people," Tripathi added.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

LATEST NEWS

Budget 2021 Stocks With Anil Singhvi - Prataap Snacks is a stock to buy, says Market Guru; popular brands are Yellow Diamond, Rich Feast and Avadh Snacks

Anil Singhvi reveals when to apply buying strategy in falling markets | Know all about 2:30 factor

ICICI Bank credit card, debit card holders delight! Get discount up to 50% on essential and luxury items | check details

PUBG Mobile India launch date: Rumours rage with this announcement; will the Battle Royale Game make comeback? Check latest report

Exclusive: Tread with caution in 2021, expert Mehraboon Irani tells investors; reveals his favourate stocks, budget expectations to Anil Singhvi

NIOS admit card 2021 for Class 10, 12 exams released on nios.ac.in| Download it in 5 quick steps

Apple India Store announces Rs 5,000 cashback offer, no-cost EMI

Citi on Mutual Funds: UTI AMC is top pick; sector may deliver Healthy (15%) AUM / profit growth likely

SSC CHSL 2019 Tier I result likely today on ssc.nic.in | Here’s how you can check it

7th Pay Commission latest news: Salary up to Rs 2.08 plus DA, HRA; check 7th CPC details in Central Government at upsconline.nic.in

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved