Current Affairs PDF Sales

SBI to Receive Human Capital Management Excellence Award 2020 for its HR initiative, ”Nayi Disha”

AffairsCloud YouTube Channel - Click Here

SBI gets global recognition for HR initiative 'Nayi Disha'State Bank of India (SBI) to receive Brandon Human Capital Management(HCM) Excellence Award(also known as the Academy Awards of Learning & Development)2020,  a global recognition for its HR initiative, ”Nayi Disha”. The award winners will be honored at Brandon Hall Group’s annual HCM Excellence Conference, January 26-28, 2021 at the Hilton West Palm Beach, Florida.

  • The selected winners will also present in breakout sessions, sharing their leading practices during the conference.
  • SBI partnered with M/s Chrysalis & developed the “Nayi Disha” Programme.

Key Info

SBI has won the award in The HCM Spring Program under ‘Excellence in Learning and Development’ in 3 categories namely, Best Learning Program supporting a Change Transformation Business Strategy (Gold), Best Use of Blended Learning and Best Unique or Innovative Learning (Gold) and Development Program for its HR initiative (Silver).

Brandon Hall Excellence Awards

i.The awards recognize the best organizations that have successfully developed and deployed programs, strategies, modalities, processes, systems, and tools that have achieved measurable results. 

ii.The award features 2 annual program namely, The HCM Spring Program and The Technology Fall Program

iii.Under The HCM Spring Program, there are 7 Excellence namely:

  • Excellence in Learning , Excellence in Talent Management, Excellence in Leadership Development, Excellence in Talent Acquisition, Excellence in HR/Workforce Management, Excellence in Sales Performance, Excellence in in Corporate Initiatives.

iv.Under The Technology Fall Program, there is 1 Excellence, namely Excellence in Technology.

About Nayi Disha

i.Nayi Disha was launched in 2019, i.e., has been over 1.5 years and has made over 2.40 lakh employees to remain highly motivated and ready to take on future challenges. 

ii.The programme focuses on work–life balance of the employees. 

iii.It ensures the involvement of the employees’ immediate family members. It allows the family members to inform the Bank if an employee is unable to leave home, for work, on time.

Recent Related News:

i.The commonwealth writers announced Kritika Pandey, the winner of asian region prize as the overall winner of the 2020 Commonwealth Short Story Prize for her story, “The Great Indian Tee and Snakes”. The award was presented to her by Ghanaian writer and editor, Nii Ayikwei Parkes, the chair of the 2020 Judge panel in the online award ceremony.

ii.Freya Thakral, a 13 year old student of the British School New Delhi received the 2020 Diana Award for her Recycler App, which she developed to connect users with waste-handlers as a measure to help the ragpickers of Delhi .The award is presented annually on the birth anniversary of Princess Diana.

About SBI:
Headquarter– Mumbai, Maharashtra
Chairman– Rajnish Kumar
Tagline– The Banker to every nation; The Nation banks on us; Pure Banking Nothing Else; A bank of the common Man; With you all the way.