On 22nd September, DMS IIT Delhi had the pleasure of hosting Mr. Atul Joshi, Vice President- HR, Mahindra & Mahindra Ltd. for an enlightening session as part of Business Leaders Lecture series. Mr. Joshi is an engineer turned HR professional and has extensive knowledge in diverse domains and a mélange of businesses.
Mr. Joshi walked through the session by starting with a brief introduction of his belongingness in Mahindra and how people are important in any organisation. He then collected cues from the students regarding which scores to touch upon during the stretch of his presentation.
Making humanity’s innate desire to rise as their driving drift, Mr. Joshi clearly demarcated the purpose of M&M jutting illustriously as “Mahindra Rise”. He elaborated on the 10 major sectors that Mahindra is into, the big time operators being Automobile and Farm equipment sectors. He expounded upon the various divisions of automotive designs for M&M including manufacturing operations, sales and marketing and product development; their locations across the country and the number of people employed.
The external environment is unsteady, fast alternating and there will be severe implications in our overall economy that will impact the profitability of organisations. Mr. Joshi wrought out a few supporting instances citing the rise of oil and commodity prices, the boost in urban consumption and significant augmentation in public investment. India will need to create around 30 million new jobs within the next 10 years and e-commerce would be the new driver for job growth along with health and education sector. He also shed light on auto industry outlook and challenges that cut in on a narrowing of diesel and petrol prices, regulatory uncertainties and rise of aggregators. The burning question that evolved out of it was whether automobile today is an object of desire or an object of mobility.
Next in order of presentation were people trends, future predictions of HR and the campus employment trends round the world. Mr. Joshi annotated the first aspect by talking about the arrival of digital HR, the evolution of a new era of management thinking about PMS, leadership development continuing to be the focus in organisations and segmented employee value proposition providing customised offerings to employees.
Talking indicatively of M&M, Mr. Joshi debated on their employee value proposition entailing Mahindra people and Mahindra experience. They are amenable towards hiring people by evaluating them against their 7 thoughtful values and thereafter creating the “Mahindra experience” in the form of abundant learning opportunities, empowering environment drives, M leap and various employee friendly policies. Concluding his presentation, Mr. Joshi divulged some of his astute lessons from the journey which subsumed getting your hands dirty at an early stage, walk the talk, humility, compassion, openness to change, eye to detail, an excellent mindset and willingness to learn.
The floor was then opened for questions and enthusiastic participants took the opportunity to interact with the influential and dynamic personality that Mr. Joshi is. DMS, IIT Delhi extends its heartfelt gratitude to Mr. Atul Joshi and we look forward to having him on campus many more times.