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NeoGrowth: 7 Distinct Pillars to Nurture Talent

NeoGrowth: 7 Distinct Pillars to Nurture Talent

NeoGrowth management believes in a well-rounded development of the workforce and focus on building essential skills along with professional skills. The programs address the training needs of an employee’s growth cycle. Says Arun Nayyar, Whole Time Director & CEO, NeoGrowth: “Right from organizing ideathons for employees to sharing unique ideas to hosting sessions by external speakers on themes such as self-defence techniques for women and financial awareness, we are constantly working towards engaging our people with innovative and industry-relevant skills.”

Some of the recent training programs include learning strategy through simulation games, where the team conducts simulation game-based training on team collaboration at the workplace and various creative thinking and problem-solving activities through a virtual board game for the mid-management and high potential profiles.

To impart corporate and leadership lessons, teams play scenes from a classic movie, which are later analyzed by the employees from a workplace perspective. This program is based on the teaching methodology followed in Ivy league MBA and renowned leadership development programs for corporate executives. Additionally, to enhance employees’ self-development, soft skills, and managerial skills, they are mapped against relevant online training modules based on their job roles. The duration of these modules falls anywhere between 6-8 hours and can be completed at their own pace within 3-6 months.

FOCUS AREAS

Arun Nayyar delves into talent nurturing in detail: “We develop, nurture, and retain talent through initiatives under 7 pillars, namely Neo Connect, Neo Recognize, Neo Learn, Neo Benefit, Neo Celebrate, Neo Care, and Neo GiveBack. Every month, we have multiple training sessions to update our workforce on any new regulatory or company-level development. In FY 2021-2022, we delivered 80+ training programs through in-classroom sessions, video conferencing, our online learning management system ‘Swadhyay’ and other mobile app modes. We have been recognized as one of the Top 30 – India’s Best Workplaces in BFSI 2022 by Great Place to Work.”

To make L&D more fun and interactive, NeoGrowth has added dimensions of gamification and strategy game simulation. It collaborated with best-in-class simulation gaming providers to conduct strategy simulation game-based training sessions for our mid-management profiles.

FUTURE PLANS

NeoGrowth has 550+ employees and provides over 40 hours of training every year to each employee. At every stage of the employee’s journey with NeoGrowth, he/she is empowered with new skills, and knowledge, and instilled with a sense of social responsibility with pride. It will soon be introducing new L&D interventions that are being developed internally.

“We are also working on a leadership development program for the mid-management across functions. The program will focus on enhancing their decision-making capabilities and emotional intelligence, building a high-performance team, improving ideation and execution, and driving motivation.

To encourage leadership skills among employees who are in the formative years of their careers, we are developing an online module, called Leadership Path, which covers some of the key topics of our leadership development program.

True to our DNA, our focus on innovation will be reflected in our L&D initiatives as well, by way of strategy simulation games with digital and tech software,” concludes Arun.

[email protected], [email protected]

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