Maharatna Central PSU Power Grid Corporation of India Limited (POWERGRID), under the Ministry of Power, GOI was recently awarded the coveted “Association for Talent Development (ATD) 2021 BEST Award”
The central PSU under the Ministry of Power secured the 8th rank among the 71 organizations, from around the world honored by the Association for Talent Development. Thus, POWERGRID became the only Indian PSU to win the award & one of the only two companies in the Top 10. India’s Larsen & Toubro Technology Services, Mumbai bagged the first rank.
ATD BEST Awards:
Objective: It was to recognize organizations that demonstrate enterprise-wide success as a result of employee talent development, the BEST Awards were introduced in 2003 by the Association for Talent Development.
The BEST Awards Winners’ Circle comprises small, large private, public, and not-for-profit organizations from around the world that use talent development as a strategic business tool to get results.
Thus, the 71 organizations honored with the coveted BEST award are driving an impact and solving business challenges through talent development practices in innovative ways.
About ATD (Association for Talent Development):
The Association for Talent Development (ATD) is a professional membership organization based in Alexandria, US.
The organization is the world’s largest association committed to supporting those who develop the knowledge & skills of employees in organizations globally and its BEST Award is the most rigorous and coveted recognition in the talent development industry.
What is Talent Development?
Talent development refers to the efforts that foster learning, employee engagement, talent management, and employee development to drive organizational performance, productivity, and results; as defined by the ATD Press, 2020.
It is a set of practical capabilities for driving organizational results by creating processes, systems & frameworks that advance training and development strategies. Thus, it is an important tool for unleashing full human potential.
The BEST Award conferred to POWERGRID by the Association for Talent Development (ATD) has enabled it to cherish international acclaim for its diligent efforts in talent development practices and programs.
The talent development initiative of the POWERGRID is driven by the POWERGRID Academy of Leadership (PAL).
PAL is a state-of-the-art Institute of Learning in Management and Technology catering to both domestic and international clients. It organizes training and initiatives for enhancing employee performance, boosting employee productivity, and improving & strengthening company culture.
What it means for India?
The development reflects the growth of Indian organizations in a robust and
Wholesome manner. The kind of growth where the growth of the organization facilitates the growth of the employees and the efforts & personal growth and learning of the employees contributes to the growth of the organization.
If each of India’s organizations strives to make their Talent Development robust, then new India can tread the path to Atmanirbharta at an accelerated pace.