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Managing Gen Y
             Purva Misra
Sr. Vice President – Human Resources
          MakeMyTrip.com
Market Leader in India’s OTA Industry
#1 in Total#1 in Gross Bookings
            Gross Bookings

                                   Most visited online travel website in India


                                   Largest seller of air tickets for
                                     all Indian Full Service & Low Cost Carriers

                                   MakeMyTrip’s customers represented
                                     12% of all domestic passengers flown
                                     (source data: dgca.nic.in July & August 2011)

                                   Largest Producer of online room bookings for many
                                     hotel chains in India

                                   Largest domestic e-commerce company
                                     with over 4.1 million monthly unique visitors
                                     (September 2011 comScore)
 Source: PhoCusWright, Mar 2010




                                                                                     11
Uniquely Positioned in an Attractive and Growing Market


      Large, High Growth, Underpenetrated Market Opportunity


      India’s Online Travel Leader


      Multiple Channels for Distribution and Customer Service


      Experienced Global Leadership Team


      Poised for Continued Growth




                                                                3
Keys to Our Success
  Strong Brand Recognition                       Superior User Experience

 “Best Online Travel Agency                     User-friendly interface (online & offline)
   & Best Domestic Tour Operator”                  - Hotels 3.0
   -Times of India 2011
                                                 Simple & fast responding booking engines
 High rates of repeat & direct site traffic
                                                 Customer Loyalty Program – My Trip Rewards
 Most searched online travel brand in India
                                                 Innovative Customer Service Online Support
   with 8.2 million visits per month
                                                Open Work Culture and Empowered
  Operational Excellence                        Workforce to Drive Innovation
                                                & Growth
  Web analytics to manage site traffic &         Average age of employees:28 years
    enhance conversion rates
                                                  #3 in Great Places to Work (India 2011)
  Continuous monitoring of key metrics
    i.e. conversions, first call resolutions,
                                                  30 year old managing an LOB of 3500 Crore and a
    customer satisfaction
                                                    27 year old leading a 100 Crore LOB
  Web infrastructure 24x7 alert systems


                                                                                                 12
From intuition to insight

We have relied too often on our
 intuition to take critical decisions
The intuition is generally based on a
 construct/preconceived notion with
 which we are comfortable with
We further justify our actions based
 on our constructs but as we know
 these can be flawed
The same thing can be seen in
 different ways…
Head butt incident…
As seen by the Italians…
As seen by the French…
As seen by the Press…
We need to do away with preconceived notions,
assumptions, biases by objectively understanding
          the DNA of our workforce




                                                   11
How They Came to Be


                                   POSITIVE TRAITS
GROWING UP                          Multi-taskers
 Told Valued From Day One          Team Players
 Laws to Protect Them              Confident & Optimistic
 Raised to Express Feelings        Aware of Others
 “Pro Kid” Society                 Entrepreneurial
 Told to Experience New Things    CHALLENGING TRAITS
 “Don’t make the same              Get Bored Fast
   mistakes we did!”
                                    Don’t “Get” the Old Way
 Raised to Embrace Team Work
                                    Impatient With Advancement
 26/11, internet, social media,
   cellphones
Generation Y: What is Important to them?
 Clearer, plain language communication

 More wellness, health and lifestyle benefits options

 Opportunities to accomplish their Career aspirations

 Expect a lot from their leadership

 Training, training and more training

 Reward & praise

 Challenge

 Fun & enjoyment at work

 Empowerment

 Justified compensation

                                                         13
Role of our people managers– ensuring we deliver
              our promise and vision



                                Vision
                              India's No. 1
                            Travel Company


                                                                       To deliver our vision, we must build
                   Employee promise                                     culture which leads to exceptional
                                                                                  performance …
                   At MMT, we provide you with opportunities
                       aligning your interest and growth
                          with inspirational leadership
                     & recognising you for a great job done

                                                                              We do this by delivering the
                                                                                employee promise …

                                                             Talent
                                                          Management
       Leadership                                                                          … while
        Outcomes                                                                      strengthening our
                                                                                         foundations
                          HR function                                                                 14
 Strong operating model – Strong HR team – Building HR capabilities
Our Employee Promise




             At MMT, we provide you with opportunities aligning
            your interest and growth with inspirational leadership
                    & recognising you for a great job done




     What it means ….a warm welcome, challenging role, trusted
     to do a great job, excellent growth opportunities, thanks for a
                             job well done…
Delivering our promise – Creating unique culture


                                                        Clarity
              Clarity                   We provide you with a culture driven by our
                                        core values, clarity on our purpose, vision,
                                         strategy and objectives. We challenge,
                                             stretch and demand a lot of you.
                                                         Leader
Reward                         Leader

              my                        Your leaders recognise you for a good job
                                         done and exhibit authentic leader traits

              MMT                                         Team
                                         We work hard to provide you with a team
                                             working experience you enjoy
                                                         Growth
     Growth             Team             We provide opportunities for you to grow
                                                      and develop
                                                        Reward
                                          We pay you fairly and regularly discuss
                                              how you are doing in your job
Retaining Generation Y
RETENTION TIP # 1

           Communicate often and Set-Up
              an Open Work culture
RETENTION TIP # 2


                    Career Development
RETENTION TIP #3


          Efficient Total Reward Strategy
RETENTION TIP #4

                   Flexibility




                                 21
RETENTION TIP #5

                   Driving Fun@Work




                                      22
Thank You

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Developing People Managers- Make My Trip: Managing GenY

  • 1. Managing Gen Y Purva Misra Sr. Vice President – Human Resources MakeMyTrip.com
  • 2. Market Leader in India’s OTA Industry #1 in Total#1 in Gross Bookings Gross Bookings  Most visited online travel website in India  Largest seller of air tickets for all Indian Full Service & Low Cost Carriers  MakeMyTrip’s customers represented 12% of all domestic passengers flown (source data: dgca.nic.in July & August 2011)  Largest Producer of online room bookings for many hotel chains in India  Largest domestic e-commerce company with over 4.1 million monthly unique visitors (September 2011 comScore) Source: PhoCusWright, Mar 2010 11
  • 3. Uniquely Positioned in an Attractive and Growing Market Large, High Growth, Underpenetrated Market Opportunity India’s Online Travel Leader Multiple Channels for Distribution and Customer Service Experienced Global Leadership Team Poised for Continued Growth 3
  • 4. Keys to Our Success Strong Brand Recognition Superior User Experience  “Best Online Travel Agency  User-friendly interface (online & offline) & Best Domestic Tour Operator” - Hotels 3.0 -Times of India 2011  Simple & fast responding booking engines  High rates of repeat & direct site traffic  Customer Loyalty Program – My Trip Rewards  Most searched online travel brand in India  Innovative Customer Service Online Support with 8.2 million visits per month Open Work Culture and Empowered Operational Excellence Workforce to Drive Innovation & Growth  Web analytics to manage site traffic &  Average age of employees:28 years enhance conversion rates  #3 in Great Places to Work (India 2011)  Continuous monitoring of key metrics i.e. conversions, first call resolutions,  30 year old managing an LOB of 3500 Crore and a customer satisfaction 27 year old leading a 100 Crore LOB  Web infrastructure 24x7 alert systems 12
  • 5.
  • 6. From intuition to insight We have relied too often on our intuition to take critical decisions The intuition is generally based on a construct/preconceived notion with which we are comfortable with We further justify our actions based on our constructs but as we know these can be flawed The same thing can be seen in different ways…
  • 8. As seen by the Italians…
  • 9. As seen by the French…
  • 10. As seen by the Press…
  • 11. We need to do away with preconceived notions, assumptions, biases by objectively understanding the DNA of our workforce 11
  • 12. How They Came to Be POSITIVE TRAITS GROWING UP  Multi-taskers  Told Valued From Day One  Team Players  Laws to Protect Them  Confident & Optimistic  Raised to Express Feelings  Aware of Others  “Pro Kid” Society  Entrepreneurial  Told to Experience New Things CHALLENGING TRAITS  “Don’t make the same  Get Bored Fast mistakes we did!”  Don’t “Get” the Old Way  Raised to Embrace Team Work  Impatient With Advancement  26/11, internet, social media, cellphones
  • 13. Generation Y: What is Important to them?  Clearer, plain language communication  More wellness, health and lifestyle benefits options  Opportunities to accomplish their Career aspirations  Expect a lot from their leadership  Training, training and more training  Reward & praise  Challenge  Fun & enjoyment at work  Empowerment  Justified compensation 13
  • 14. Role of our people managers– ensuring we deliver our promise and vision Vision India's No. 1 Travel Company To deliver our vision, we must build Employee promise culture which leads to exceptional performance … At MMT, we provide you with opportunities aligning your interest and growth with inspirational leadership & recognising you for a great job done We do this by delivering the employee promise … Talent Management Leadership … while Outcomes strengthening our foundations HR function 14 Strong operating model – Strong HR team – Building HR capabilities
  • 15. Our Employee Promise At MMT, we provide you with opportunities aligning your interest and growth with inspirational leadership & recognising you for a great job done What it means ….a warm welcome, challenging role, trusted to do a great job, excellent growth opportunities, thanks for a job well done…
  • 16. Delivering our promise – Creating unique culture Clarity Clarity We provide you with a culture driven by our core values, clarity on our purpose, vision, strategy and objectives. We challenge, stretch and demand a lot of you. Leader Reward Leader my Your leaders recognise you for a good job done and exhibit authentic leader traits MMT Team We work hard to provide you with a team working experience you enjoy Growth Growth Team We provide opportunities for you to grow and develop Reward We pay you fairly and regularly discuss how you are doing in your job
  • 18. RETENTION TIP # 1 Communicate often and Set-Up an Open Work culture
  • 19. RETENTION TIP # 2 Career Development
  • 20. RETENTION TIP #3 Efficient Total Reward Strategy
  • 21. RETENTION TIP #4 Flexibility 21
  • 22. RETENTION TIP #5 Driving Fun@Work 22