Poonawalla Fincorp gives tremendous thrust on employee upskilling and enhancement through various training initiatives and campaigns conducted for its employees. A few of the recent training programs that have been successfully introduced and implemented are as follows.
OKR Workshops: Objectives & Key Results based goal tracking in the organization successfully introduced for the senior leadership team. The focus of this program was to align departmental goals with the vision and mission of the organization. The aim was to build a robust mechanism for quantifying the goals of the organization and efficiently track the goals quarter-on-quarter. It was a 2-day face-to-face workshop for the senior leaders of the organization. The concept was introduced to them, and the outcome was to co-create the organizational OKRs, and subsequently, the department-level OKRs. The benefit of the program was that the senior leaders bought into the concept.
Leadership Learning Journey: A virtual and campus program around leadership development. The company partnered with one of the leading virtual learning content providers to enable junior and mid-management leaders to drive a high-performing organization. The program is virtual in nature and is a co-branded certification program. Timelines were specified for completion and tracking and monitoring was done through dashboard publication to the senior management team.
For senior leadership, the company partnered with 2 leading management campuses. A 3-day campus program is designed around the defined competencies of the organization. This is followed by a 3-day case study-based workshop centered around organization challenges. The program will culminate in the successful creation of the Annual Operating Plan.
Mentoring Workshop: For building a cadre of internal mentors in the organization. This program was conducted with a pool of employees at mid and senior leadership levels. This certified TTT program will enable us to develop future mentors and leaders in the organization while we ensure that our new joiners have a successful stint in the organization. These comprised mentor and mentee orientation classroom workshops, and mentor-mentee introduction sessions including ice-breaking and expectation setting.
- OKR Workshop – Seven People Systems
- Leadership Learning journey – Harappa Education, Great Lakes, and ISB Hyderabad
- Mentoring Workshop – ATTRANS Management Solutions
Smita Mitra, Head – Human Resources, Poonawalla Fincorp shares details about 2 future plans: “Reskilling and Redeployment Program aims to create a pool of multi-skilled employees who can move between roles within the organization. The objective of the program is to offer varied career paths to our employees. In addition, the program will help us to ringfence our top talent and redeploy them as per the requirements of the organization. Productivity Enhancement Program aligns with one of our critical goals – build a high-performance and high-trust organization. Employees, both individual contributors, and people managers will go through skill-based training interventions. The focus area for the individual contributors is productivity enhancement and the focus area for the people managers is driving productivity.”