ABOUT THE COMPANY :
Mindtree Ltd is an Indian multinational technology company that specializes in information
technology and outsourcing, headquartered in Bangalore, India and New Jersey, USA. Founded
in 1999, the company employs approximately 21,991 employees with an annual revenue of
₹7839.9 crore (US$1.1 billion).
The company deals in e-commerce, mobile applications, cloud computing, digital
transformation, data analytics, Testing, enterprise application integration and enterprise
resource planning, with more than 307 active clients and 43 offices in over 18 countries.
Mindtree has a total of 21,991 employees as of March 2020, of which 32% were women. Its
workforce consists of employees from over 80 nationalities working from various offices around
the globe. Out of its total workforce, 95% are software professionals and remaining 5% work in
support and sales
Mindtree Foundation is a unit of Mindtree that works towards improving the lives of people with
disabilities and the enhancement in the quality of primary education. Mindtree Foundation was
incorporated on 20 November 2007 under section 25 of Companies Act. Mindtree's employees,
assistive technologies and associations with NGOs led to the following:
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The launch of 'Udaan', a scholarship program to support the medical education of
underprivileged students in association with Narayana Hrudayalaya Charitable Trust.
The launch of 'I Got Garbage', a cloud-based platform aimed to simplify waste
management and transform every waste picker in Bengaluru, India into an entrepreneur
through a structured and governed waste management framework.
Individual Social Responsibility – Employees join the cause of donation of old
clothes/toys/books, distribution of solar lanterns, caring for the elderly, cleaning up the
city, blood and organ donation.
Larsen & Toubro, an infrastructure major and one of the largest conglomerates in India, took
over control of Mindtree on June 2019 and currently has a 61.08% stake in the company.
Problem Statement :
Although there are many benefits being part of an Organisation with a huge Turnover. As
an individual, the benefits that the employees get are limited. Many employees lack
motivation in their role and this in turn causes them to look for new Career options.
STRATEGIC ASSESSMENT USING TOOLS :
SWOT ANALYSIS :
It is a simple but useful framework for analysing the organization's strengths,
weaknesses, opportunities, and threats. It helps you to build the company is doing well
in, to address what it’s lacking, to minimize risks, and to take the greatest possible
advantage of chances for success.
This Analysis helps to Identify how the problem can be tackled based on the available
opportunities within the Company.
Based on the above references, we can conclude that the Organisation has the below Strengths ,
Weakness , Opportunities & Threats.
STRENGTH :
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Large employee base
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Good customer relationship across the globe
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Employee benefits
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Friendly working environment
WEAKNESSES :
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Over time with no additional pay
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Work – life balance issue for employees
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Limited recognition & benefits for the employees
OPPURTUNITIES :
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Provide suitable motivation as rewards
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Keeping the employees satisfied with the work
THREATS :
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Other Company in the Industry.
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Employees demanding more Pay scale than Industry Standards.
Solution : As a leading company in the Market it is important to keep valuable employees and retain
them from moving to other competitive organisation. However , in order to keep such resources
within the organisation they must keep the employees motivated by providing equal opportunities to
enhance their career.
They can often give bonus benefits based on the Productivity of the Employees and also allowing to
have an equal work life balance which may help each employee to perform better.
MCKINSEY 7S :
Strategy is a plan developed by a firm to achieve sustained competitive advantage and
successfully compete in the market. A Good strategy is the one that’s clearly articulated,
is long-term, helps to achieve competitive advantage and is reinforced by strong vision,
mission and values. But it’s hard to tell if such strategy is well-aligned with other
elements when analysed alone. Mindtree has to plan a Strategy to keep up with the
Growing competition in the Industry.
Structure represents the way business divisions and units are organized and includes
the information of who is accountable to whom. In other words, structure is the
organizational chart of the firm. It is also one of the most visible and easy to change
elements of the framework. Mindtree must make the employees to be able to access
their concerns and raise their issue with the relevant department members without any
complicated procedure. This helps in making things better for the employees and the
Company.
Systems are the processes and procedures of the company, which reveal business’
daily activities and how decisions are made. Systems are the area of the firm that
determines how business is done and it should be the main focus for managers during
organizational change. The system followed must not only be beneficia to the managers
but also to the Lower level employees. It should be fair to understand the concerns from
each individuals from their sides.
Skills are the abilities that firm’s employees perform very well. They also include
capabilities and competences. Mindtree currently has different levels when it
competencies of the employees. It should also make that the resource based on each
competency must be valued and given suitable credit for the work they achieve.
Staff : Bringing in new resources is another important factor and so how the resources
will be recruited, trained, motivated and rewarded needs to be planned and organised
effectively from time to time.
Style represents the way the company is managed by top-level managers, how they
interact, what actions do they take and their symbolic value. In other words, it is the
management style of company’s leaders. Mindtree was a very employee friendly
company until the Management was taken over by the L&T board. This completely has
changed the working style of the Organisation although it isn’t a drastic change. We can
still observe a significant change from the Initial phase.
Shared Values are at the core of McKinsey 7s model. They are the norms and
standards that guide employee behaviour and company actions and thus, are the
foundation of every organization. Mindtree values the dedication of its employees and
also has so many ethical policies which has made it to be a key player in this
competitive industry.
CONCLUSION :
Mindtree has to formulate techniques to keep up with the growing competition in the
market and must also focus on the above Strategic values to make the Company to
remain stable in the Industry