Dr. Jaideep Devare is the Founding Member & Managing Director of Mahindra Insurance Brokers Ltd. (MIBL), which is part of the USD 17.8 billion Mahindra Group, a global federation of companies. Formed in 2004, MIBL is into providing insurance solutions to individuals and institutions, and reinsurance solutions to insurance companies. Jaideep has 26 years of experience spanning diverse businesses, including automotive and infrastructure. He holds a Bachelor of Engineering degree in Production Engineering, a Masters in Management Studies with specialization in Finance, and a Doctorate of Philosophy in Business Management with a thesis on strategies for success in the Indian private sector insurance Joint Ventures.
Track: CMMI On Board
Presentation Title: Cultural Transformation Success Story
Presentation Summary: In order to gain a competitive edge in the scenario we operate in, given the rising business challenges and the wave of digitization and globalization, transformation was the need of the day. We are in a people-centric, knowledge-intensive business, where human resources play a critical role in adding value to customers, and in the growth of our company. We, therefore, decided to embrace cultural transformation, build organization capabilities for future business growth, create a robust and scalable HR process delivery model, drive HR process excellence, and aspire to have the best HR practices in the industry. These thoughts provided an impetus to synergize people, process, technology & culture and that's how our company's cultural transformation journey began.