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LARSEN & TOUBRO

COMPANY OVERVIEW
Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is an Indian multinational conglomerate headquartered in Mumbai, India. L&T was founded in Bombay (Mumbai) in 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro. Larsen & Toubro is a USD 12.8 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations The company has operations in fields of Construction, Heavy equipment, Electrical equipment, Power, shipbuilding, Financial &IT Services. L&T is India's largest engineering and construction company.

ORGANISATIONAL CULTURE OF LARSEN & TOUBRO


Organizational culture is a set of shared values that guide the employees towards
acceptable and rewarding behavior. L&T has a strong heritage of professionalism that places the highest value on merit and integrity. L&Ts strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business. A commitment to community welfare and environmental protection are an integral part of the corporate vision.

People Orientation
Highly people oriented company. Machine may there, building may be there..but without people its nothing .People are our only assets.- Henning Holck-Larsen,Founder. Celebrating occasions which are dear to an employee like birthdays, promotions ,anniversaries. L&T values performance and there are various initiatives like Employee of the month, fast track growth programmes and high bonus to star performers are part of companys culture. L&T invests a lot in development of its employees. L&T every year organizes L&T Tiger-7 Football (7-a-side) Tournament.

Attention to detail

Innovation and Risk taking


L&T follows a culture of high commitment and high growth. It is a contract based company where the key performance indicators are on time delivery and Customer satisfaction. Creating a culture of continuous learning, competitiveness and excellence. Recruitment approach to hire the most qualified and valuable employees and puts a strong emphasis on retention. Professionalism is a way of life, talent is encouraged and skills honed, where individual and organizational goals blend for mutual success.
Forbes rates L&T the 9th most Innovative Company in the world. Employees are provided with challenging assignments that bring a sense of professional fulfillment. The Enterprise Business Solution (EBS) Innovation lab we have created for Chevron is an example of innovation in action. The leadership programmes like MLP (for management areas), ELP (for Execution related areas) and TLP (for technology areas). Top talent is given focused attention in terms of growth opportunities, compensation, challenging roles and assignments.

Team Orientation

Aggressiveness

Team Building Workshops: Employees are taken to an outdoor location and undergoes a series of experiential exercises that reinforce the skills & attitudes that facilitate synergy in teams.

Employees are given competitive compensation & rewards. Hence core organizational cultural values of L&T are-Performance Driven growth, Innovation, Integrity, Excellence, Customer Focus & Mtual Respect .