SBI Launches Largest Employee Training Initiative 'Next LEAP' and 'SuPer SBI'
| Category | Details |
|---|---|
| Title | SBI Launches 'Next LEAP' and 'SuPer SBI: Great to Greater' Initiatives |
| Why in the News? | SBI initiated the largest staff engagement and training programme in India's banking sector to equip 2.3 lakh employees with future-ready skills. |
| Aims & Objectives | - Make employees future-ready through continuous learning and skill development. |
| - Instill a sense of pride and connection with SBI's legacy. | |
| - Improve productivity, operational efficiency, and customer service. | |
| - Ensure succession planning and smooth transition in leadership roles. | |
| Key Components | - 'Next LEAP' Initiative: Focuses on direct engagement of top management with employees, emphasizing skill adequacy and ground-level feedback. |
| - 'SuPer SBI: Great to Greater' Training Program: Engaged 1.75 lakh employees across departments to inspire pride and provide modern skills and the right attitude. | |
| - Learning Management System (LMS): Centralized platform aligning with Individual Development Plans (IDPs). | |
| - Data-driven Performance System: Implements digital tools for fair and standardized performance reviews. | |
| - Succession Planning Policy: Developed for senior-level executives to ensure continuity and leadership grooming. | |
| Background | - SBI is the largest public sector bank in India. |
| - As of March 2024, it had 2,32,296 employees and served over 50 crore customers. | |
| - The initiative is part of SBI's broader mission to stay competitive in the digital era. |