HBR On Leadership

Why Profits Follow Purpose

39 snips
Jun 25, 2025
Anish Shah, CEO of Mahindra Group, shares insights on driving profit through purpose in this engaging talk. He discusses Mahindra's initiatives in education and women's empowerment, showcasing how these efforts create community impact. Shah highlights the balance between short-term profits and long-term mission and the importance of a resilient, mission-driven culture. He emphasizes collaboration between businesses and government to tackle socioeconomic inequality and environmental challenges, illustrating optimism for a sustainable future.
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INSIGHT

Founding Principles as ESG Manifesto

  • Mahindra's founding principles emphasized dignity of labor, meritocracy, and social responsibility long before ESG concepts were popular.
  • This mission-driven culture drives the company to lead with purpose, believing profits will follow.
ANECDOTE

Empowering Women Through Purpose

  • Mahindra has focused on educating girls and empowering women for 25 years, aiming to reach a million beneficiaries yearly soon.
  • These efforts illustrate how purpose extends beyond business to community impact.
INSIGHT

Resilience Through Agility

  • Mahindra built resilience by adapting quickly to crises like COVID and the semiconductor shortage.
  • Agility and strong balance sheets prepare the firm for ongoing geopolitical and economic uncertainties.
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