Marico : Making A Difference
At the heart of the company is a deep commitment to prioritizing and empowering its people, and this philosophy is reflected in their approach of fostering a culture that values the capabilities of its workforce. Foremost among it all is the sense of ownership and accountability which entails delegating significant responsibilities and entrusting members the autonomy to make decisions. “Being recognized as a Kincentric Best employer is a testament to the culture of excellence, innovation, and inclusivity that we have cultivated at Marico. It reflects our commitment towards creating a workplace where our members feel valued, empowered, and motivated to achieve their best,” says Amit Prakash, CHRO. We maintain an open-door policy that encourages transparent communication across all levels of the organization. This transparency fosters a sense of belonging among employees, ensuring everyone feels heard and valued, Prakash adds. Marico places a strong emphasis on continuous learning and professional development to ensure that members not only grow within their roles but also have pathways for career progression across, making it a nurturing ground for talent. The company encourages talent mobility across geographies to help them gain diverse experiences. This also helps bring together individuals from varied backgrounds, experiences, and skill sets. “We consistently explore new ways to enhance member experiences, adopt cutting-edge tools and technologies for workplace efficiency, and implement best practices in HR to stay ahead of industry trends. The synergy between business goals and member development is crucial for us to ensure sustainable growth and competitiveness,” says Prakash. Some of the business priorities for Marico include continuously innovating to meet changing consumer preferences, including healthier options, sustainable products, and leveraging technology for better consumer experiences leading to increased market share and diversified revenue streams. This business opportunity is attained by cultivating a culture of innovation through cross-functional teams and a robust Innovation Council overseeing the entire innovation pipeline. Implementing sustainable practices across the supply chain is another key priority which extends from sourcing to packaging, to reduce adverse impact to environment and meet consumer expectations towards eco-friendly products. Members of the Marico team extensively involve themselves in many sustainability initiatives including a wide range of community volunteering programs.