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Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
Intro to the Global Recruit Program
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Intro to the Global Recruit Program

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Missed the info session? Here's the presentation. Find out about the Indian business context, learn who the Mahindra Group is, and get more information about the Global Recruit Program.

Missed the info session? Here's the presentation. Find out about the Indian business context, learn who the Mahindra Group is, and get more information about the Global Recruit Program.

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  • First of all, welcome. Since we’re a small group today, please feel free to ask questions at any point. We can be less formal than a traditional presentation.
  • The Global Recruit Program is a unique opportunity to gain business experience in a key emerging economy. Opportunities exist to work for MNCs in developing countries, but there are very, very few for working for local business. The best way to learn about business in India is to be embedded in an Indian company. We don’t expect all of you to be India buffs—in fact, before I joined Mahindra my main area of interest was Africa—so I’ll start this presentation by giving you some context about India and Mahindra. Then I’ll cover the program itself, and we can have a Q&A. Again, feel free to jump in at any point.
  • Over the past 40 years, Asia has risen dramatically in global economic importance. Tiger economies like Hong Kong, Singapore, South Korea and Taiwan are driving rapid growth, aided by China’ and India’s breakneck growth.
  • So what’s the story behind this growth? Let me give you a brief snapshot of Indian history.
  • So what’s the story behind this growth? Let me give you a brief snapshot of Indian history.
  • So what’s the story behind this growth? Let me give you a brief snapshot of Indian history.
  • But more than just growth, what you’re seeing is a transformation in the structure of society:the growth of a stable middle class.
  • Population growth favors India’s continued rise. There is a lot of debate about how to reap the population dividend—improving literacy, equalizing gender disparities, improving public education—but it is clear that the potential is there.
  • Recent growth is driven both organically as our businesses expand and develop, and inorganically due to several high-profile acquisitions over the past few years. The Group is ambitious and expanding rapidly.
  • Transcript

    • 1. MAHINDRA & MAHINDRA<br />Global Recruit Program<br />2012<br />
    • 2. Welcome!<br />
    • 3. PROCHIE MUKHERJI<br />Senior Vice President & Chief of Staff to the Managing Director<br />KATE PENNINGTON (CORNELL 2010)<br />Global Recruit Program Coordinator<br />
    • 4. ABOUT INDIA<br /> ABOUT MAHINDRA<br /> ABOUT YOU<br /> Q&A<br />
    • 5. ABOUT INDIA<br />
    • 6. SHARE OF WORLD GDP1969-2009<br />
    • 7. 2010<br />7.4%<br />2.7%<br />1.8%<br />
    • 8. HISTORY<br />1858 - 1947:<br />Following India’s first struggle for independence, India is placed under direct control of the British Crown and is brought into the British Empire.<br />
    • 9. HISTORY<br />1947 - 1991:<br />Following the second independence struggle led by Mahatma Gandhi, India gains its independence. The territory is partitioned along religious lines and Pakistan is formed with modern day Bangladesh forming East Pakistan.<br />
    • 10. HISTORY<br />1991 - Present:<br />India abandons its socialist economy and initiates a series of reforms aimed at liberalization. The economy continues to move towards a free market model in all sectors.<br />
    • 11. INDIA TODAYRapid, Sustained Growth<br />Real GDP Growth<br />
    • 12. INDIA TODAYRapid, Sustained Growth<br />4th largest economy in the world [PPP]<br />“Some economists think India will grow faster than any other large country over the next 25 years. Rapid growth in a country of 1.2 billion people is exciting, to put it mildly.”<br />The Economist, Sept 30, 2010<br />
    • 13. INDIA’S DEMOGRAPHIC <br />ADVANTAGE<br />
    • 14. Rise of the Indian Consumer<br />By 2025…<br />Income levels will almost triple<br />India will become the 5th largest consumer market<br />India’s discretionary spending will increase by 25%<br />India's middle class is expected to increase from 50 million to 583 million<br />India’s aggregate consumption by middle and upper income households will grow nearly 13 times<br />
    • 15. What is Mahindra?<br />
    • 16. Mahindra is<br />BIG<br />DIVERSIFIED<br />REPUTABLE<br />GROWING RAPIDLY<br />GOING GLOBAL<br />
    • 17. BIG<br />Among India’s 10 largest companies<br />MARKET CAP: $16.4 billion<br />119,900+ employees<br />100 countries<br />On India’s SENSEX list of national bellwether stocks<br />
    • 18. Forbes World’s 200 most reputable companies (2009)<br />Mahindra’s stock value has increased 28x since 2002<br />Revenue Growth (billion USD)<br />100,000+<br />Tractors <br />made<br />DEMING PRIZE for Quality<br />REVENUE: $12.5 billion<br />120,000<br />employees<br />Averaging 1 corporate acquisition <br />every 100 days<br />Top Gear Manufacturer of the Year award (2008)<br />
    • 19. Forbes World’s 200 most reputable companies (2009)<br />Mahindra’s stock value has increased 28x since 2002<br />Revenue Growth (billion USD)<br />REPUTED <br />performance <br />partnerships <br />leadership<br />100,000+<br />Tractors <br />made<br />DEMING PRIZE for Quality<br />REVENUE: $12.5 billion<br />120,000<br />employees<br />Averaging 1 corporate acquisition <br />every 100 days<br />Top Gear Manufacturer of the Year award (2008)<br />
    • 20. REPUTABLE<br />One of India’s most respected companies<br />On Forbes list of “World’s Most Reputable Companies”<br />Deming Prize for manufacturing excellence<br />On Credit Suisse’s list of “27 Great Brands of Tomorrow” <br />Japan Quality Medal<br />#1 or #2 in every sector in domestic market<br />
    • 21. REPUTABLE<br />RICH HISTORY<br />
    • 22. DIVERSIFIED…<br />
    • 23. …and UNIFIED<br />Rise brand identity launched in January 2010<br />Rise unifies Mahindra’s identity across all Group companies and industries<br />Core purpose: to challenge conventional thinking and innovatively use all our resources to drive positive change in the lives of our stakeholders and communities across the world—to enable them to Rise.<br />
    • 24. GROWING RAPIDLY<br />REVENUE (USD, BILLIONS)<br />
    • 25. GROWING RAPIDLY<br />Mahindra stock value has increased 28x since 2002<br />Profits have tripledin the last 3 years<br />Averaging 1 corporate acquisition every 100 days<br />Vaulted into headlines by acquiring troubled Indian business icon Satyam and recently the South Korean car maker,Ssangyong<br />
    • 26. GOING GLOBAL<br />Boston Consulting Group study 2006 ranks Mahindra among 21 Emerging Global Challengers from fast growing economies worldwide<br />BusinessWeek magazine cover story features Mahindra tractors’ success in the US<br />From exporting to global production: Mahindra now owns factories in India, China, Europe, South Africa, Brazil<br />
    • 27. GLOBAL FOOTPRINT TODAY<br />
    • 28. MAHINDRA GROUP SECTORS<br />
    • 29. Mahindra Group Sectors<br /><ul><li>Largest multi-brand used car retailer in India
    • 30. Extremely high-growth area – faster than the automotive sector
    • 31. Currently, only about 10 percent of car sales take place in the organized sector</li></ul>AFTERMARKET<br />AFTERMARKET<br />
    • 32. Mahindra Group Sectors<br /><ul><li>Leaders in utility vehicles in India for over 50 years
    • 33. Mahindra Reva electric vehicle company
    • 34. Growing global presence: we sell our vehicles in South America, Asia, Europe, and Australia</li></ul>AUTOMOTIVE<br />AUTOMOTIVE<br />
    • 35.
    • 36. Mahindra Group Sectors<br /><ul><li>3rd largest tractor manufacturer in the world
    • 37. Tractors sold in 40 countries across 6 continents
    • 38. Market leader in India for over 25 years
    • 39. Yuvraj 215 for farms under 5 acres</li></ul>FARM EQUIPMENT<br />FARM EQUIPMENT<br />
    • 40. Mahindra Group Sectors<br /><ul><li>Mahindra Finance is India’s largest Non-Banking Financial Company (NBFC) with over 1.5 million customers
    • 41. Mahindra Rural Housing Finance focuses on the subprime segment of semi-urban/rural areas</li></ul>FINANCIAL SERVICES<br />FINANCIAL SERVICES<br />
    • 42. Mahindra Group Sectors<br /><ul><li>Tech Mahindra: Leading software provider to Indian telecoms
    • 43. Mahindra Satyam: Official partner of the 2010 FIFA World Cup
    • 44. Bristlecone: Supply chain optimization
    • 45. CanvasM: Collaboration with Motorola for VAS
    • 46. SaralRozgar service</li></ul>INFORMATION TECHNOLOGY<br />INFORMATION TECHNOLOGY<br />
    • 47. Mahindra Group Sectors<br /><ul><li>Mahindra Lifespaces: leading corporate and residential property developer
    • 48. Mahindra World City: pioneering developer of integrated business cities in SEZs
    • 49. Club Mahindra: India’s leading holiday business with 125,000 member families</li></ul>HOSPITALITY & REAL ESTATE<br />HOSPITALITY<br />REAL ESTATE<br />
    • 50. Mahindra Group Sectors<br /><ul><li>M&M’s Private Equity division: an </li></ul>incubator for new business ideas<br /><ul><li>Mahindra Solar
    • 51. Mahindra Retail</li></ul>MAHINDRA PARTNERS<br />MAHINDRA PARTNERS<br />
    • 52. Mahindra Group Sectors<br /><ul><li> Launched a portfolio of scooters within 8 </li></ul> months of entering the industry, in 2008<br /><ul><li>Double digit market share within 12 months
    • 53. Recently introduced new motorcycles</li></ul>TWO WHEELERS<br />TWO WHEELERS<br />
    • 54. Mahindra Group Sectors<br /><ul><li>A constellation of components companies with art-to-part manufacturing units across India, Germany, Italy, and the UK
    • 55. Mahindra Aerospace – September saw the maiden voyage of India’s first PPP-developed aircraft
    • 56. Directly supplies the assembly lines of the Boeing 737, Gulfstream G150, and the world’s most advanced fighter aircraft, the Lockheed-Martin F-35 Joint Strike Fighter</li></ul>SYSTECH<br />SYSTEMS & TECHNOLOGIES<br />
    • 57. LIVING RISE<br />We see our role as a major corporation both in India and in the world as an incredible opportunity to lead businesses towards sustainability<br />Guides business decisions: Rural finance, Yuvraj, Clinton Climate Initiative + Mahindra Lifespaces real estate, Reva, Mahindra Solar<br />Inspires social and environmental initiatives<br />Sustainability Council and annual Sustainability Reports rated A+ by the Global Reporting Initiative (GRI) <br /><ul><li>ESOPs
    • 58. Nanhi Kali
    • 59. NBA and CFC Partnerships
    • 60. Educational Trusts
    • 61. Film and Theater awards</li></li></ul><li>MAHINDRA & YOU<br />Your Role at Mahindra<br />
    • 62. Global Recruit Program Structure <br />24-month program<br />MONTH 1-6<br />MONTH 6-12<br />MONTH 12-24<br />Office of Strategy Management:<br />induction, research, analyst<br />Office of Strategy Management: strategic consulting, marketing, business development<br />Placement in a specific Group Company<br />
    • 63. Office of Strategy Management <br />Internal consultant: Support strategy of Group companies<br />Coordinate Group-wide strategy: Promote synergies and spread best practices; provide “connections”<br />Lead corporate initiatives such as the Rise brand campaign<br />Identify and pursue business opportunities outside existing sectors<br />
    • 64. What’s in it for you?<br />
    • 65. Compensation:<br />Salaries are commensurate with the level for first-year MBA recruits from leading Indian management institutions. You will make approximately Rs 900,000 for the year plus up to Rs 100,000 in performance pay. Altogether, this equates to about $22,000 not including accommodation, which we cover. Recruits find that this is enough to live on very comfortably in Mumbai with money left over to spend on leave.<br />Duration:<br />Positions are fixed-term assignments of 24 months. Continued employment may be negotiated at the end of this contract.<br />Accommodation:<br />Housing is provided as a part of your package. The company will arrange for accommodation for the duration of your contract period in Bandra, one of Mumbai’s most up-and-coming neighborhoods.<br />Airfare:<br />Mahindra will pay your airfare to and from your assignment in India along with one round trip to your home country during your contract period.<br />Health Insurance:<br />You will receive adequate medical/dental/vision insurance coverage and reimbursement for cash medical expenses.<br />Vacation:<br />You will receive 30 days paid vacation per year.<br />
    • 66. WHAT’S IN IT FOR US?<br />Getting the best talent<br />Creative thinking by bringing different perspectives to the table<br />Improving cultural fluency<br />Mahindra brand ambassadors<br />
    • 67. in it for you?<br />really<br />What’s<br />International work experience<br />Broad industry exposure<br />Strategic experience<br />Living and learning abroad<br />
    • 68.
    • 69. INTERNATIONAL WORK EXPERIENCE<br />“My generation is the last that will reach top management positions without international experience.”<br />- David Fagiano<br />President & CEO<br />American Mgmt Assoc.<br />“Going overseas to work, particularly to Asia, will be the fastest way to the top in the decade ahead. Learning how to survive and succeed in such turbulent and fast-changing markets can provide invaluable training for young executives on the move.”<br />- Tom Manning<br />Founder and Chairman<br />China Board Directors<br />
    • 70. BROAD WORK EXPERIENCE<br />AshishBakshi | Yale ’10<br />Mahindra Reva Electric Vehicles<br />Abigail Hein | Brown ’10<br />Mahindra Corporate Brand Council, Rise<br />John Lee | Cornell ’10<br />Mergers & Acquisitions<br />
    • 71. BROAD WORK EXPERIENCE<br />Russell Mason | Harvard ’10<br />Mahindra Lifespaces<br />AshishBakshi | Yale ’10<br />Mahindra Reva Electric Vehicles<br />Matthew O’Brien| Harvard ’10<br />Mahindra Reinsurance Brokers<br />Abigail Hein | Brown ’10<br />Mahindra Corporate Brand Council, Rise<br />John Lee | Cornell ’10<br />Mergers & Acquisitions<br />Kate Pennington | Cornell ’10<br />Corporate Brand Council: Rise Campaign<br />
    • 72. LIVING ABROAD<br />A life-changing adventure<br />You will experience many things--boredom will not be one of them<br />
    • 73. Applying to the Global Recruit Program<br />We’ll need your…<br />CV, unofficial transcript, cover letter demonstrating interest in Mahindra and India, and a <500 word writing sample<br />For your school’s application deadlines and on-campus interview dates, please check with your Career Services office.<br />
    • 74. +<br />Opportunity<br />Challenge<br />
    • 75. For more information about becoming a Global Recruit:<br />Visit www.mahindragrp.com<br />Follow twitter.com/mahindragrp<br />Email grp@mahindra.com<br />

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