Image Source: HR Economic Times
State Bank of India (SBI), India's largest public sector bank, has introduced its biggest-ever employee development and engagement programme—'Next LEAP'—to prepare its 2.3 lakh employees for the rapidly evolving needs of new-age banking. The industry-first programme is designed to instil pride, build skills, and provide operational excellence for the bank.
Key Highlights:
• The 'Next LEAP' and 'SuPer SBI: Great to Greater' initiatives have already influenced over 1.75 lakh staff, focusing on ongoing learning, digital competencies, and the right attitude for banking's future.
• Face-to-face contact among top management and workers gathers grassroots feedback, ensuring training is relevant and successful.
• A centralized Learning Management System (LMS) connects personal development plans to future skill requirements so that there can be ongoing professional development.
• New technology-facilitated, data-driven performance metrics and robust succession policy are capable of facilitating succession identification of talent and leadership.
• The project also emphasizes employees' well-being, diversity, and inclusion, with special attention paid to women and regular engagement surveys.
Prospects: SBI's extensive training push will accelerate productivity, customer service, and innovation, and position the bank as a digital-first champion of India's financial sector. With the talent of the future and a galvanised workforce, SBI is poised to tackle the challenges of banking in the future.
Source: Economic Times BFSI, Adda247, The Hindu Business Line, ToppersNotes
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