Mahindra Group has launched its first Women Leaders Program (WLP) in order to bridge the gender gap in the workforce and build mid-level women leadership pipeline.
“Only when we create an inclusive ecosystem that brings in people with wide-ranging backgrounds and perspectives into all parts of the organisation, can we drive holistic, positive change.
“WLP will help talented women in the organisation transcend perceived limitations and achieve their full potential,” Mahindra and Mahindra EVP, Group Human Capital and Leadership Development, Prince Augustin, told reporters here.
In the first batch, 30 women will be enrolled. The company is expecting around 100 women to participate in WLP in next one and a half years, he added.
The WLP is focused on advancement of women in the workforce and will look to encourage and support women employees in the middle management cadre, he added.
It proposes a unique professional development journey spanning 18 months specially designed to help participants develop competencies needed to advance into future leadership positions.
The program is aimed at women between 30-40 years with 5-7 years work experience and two years in any Mahindra Group company, he said.
One per cent of the Group’s profit will be spent on this program, Augustin added.
At present, Mahindra Group has 7 per cent gender diversity in mid-level and 17 per cent overall.
A USD 17.8 billion multinational group based in Mumbai, Mahindra employs over 2,00,000 people in over 100 countries.