What Are The Core Value Of M & M Ltd.

The core value of M&M Ltd. states that they follow professionalism where they seek the best people and give them freedom and opportunity to grow. They will continue to do so. They will support innovation and well-reasoned risk taking, but will demand performance. This value gives them competitive advantage. M&M Ltd. held Mahindra Group Senior Executive Conference at regular interval to be in Sync with the norms of the company and make amendments to suit the current scenario.

“An Organization culture consist of terminal values which are the end states that an organization seeks to achieve and instrumental values which are the modes of behaviour organization encourages.” The terminal values M&M Ltd. adopts are innovation, responsibility, excellence,
are evident from the stories, ceremonies and language found in M&M Ltd. The latest story published was “The Rain Catcher”. M&M Ltd also uses different types of ceremonies to communicate cultural norms and values to its employees. They conduct rite of passage through their dedicated training module to learn and internalise norms and values of the organization, organising office party on the last Friday of every month to celebrate employee birthdays of that particular month is one of the examples of rite of integration with the purpose to build common norms and values and presenting annual awards like “Mahindra Rise Awards : Discover the many faces of excellence at Mahindra” , “Excellerator Awards” and “Rise Certification : Go forth and rise”. They also exhibit awards won by M&M Ltd to appreciate and encourage its employees. Some of the awards are 3rd best company to work in manufacturing and Ranked 7th in top companies for leaders in Asia
M&M Ltd has renowned top management team, they are Mr. Bishwambhar Mishra ( CEO : Swaraj Division), Mr. Gautam Nagwekar (CEO: Mahindra Division) and Mr. Rajesh Jejurikar ( CEO: Automotive Division), the property rights system of M&M Ltd. have employee friendly policies like internet usage policy, housing loan subsidy, employee vehicle scheme, medical policy, health and wellness and work life integration, these rights of M&M Ltd., allows its employees to receive and use organizational resources, the organizational ethics are inspired from the top management of M&M Ltd. which motivates its employees to strengthen commitment to norms and values of the organization, the organizational structure followed at M&M Ltd. is mechanistic type which is tall, highly centralized and