December 10, 2018
TCS wins Association for Talent Development's 2018 BEST Award
Tata Consultancy Services ranked No2 among 45 companies that received the honor
Washington DC | Mumbai: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, has won the Association for Talent Development’s (ATD’s) 2018 BEST Award, and ranked No2 among the top 45 global organizations recognized at the event.
ATD’s BEST Award recognizes organizations that demonstrate enterprise-wide success through talent development. The ATD received 170 entries from organizations in 12 countries, of which the top 45 winners were selected based on a blind review by the BEST Awards advisory committee comprising experts in the field.
“These 45 organizations are driving impact and solving business challenges through talent development practices, and they are doing it in innovative ways,” said Tony Bingham, president and CEO, ATD. “Senior leaders in these organizations understand the critical strategic role learning has, and they are committed to investing in the growth and development of their people.”
TCS spotted the emergence of a new crop of digital technologies very early on, and recognized the profound transformational possibilities that it opened up for customers. TCS has been investing in training and reskilling its talented workforce with new-age digital skills to help customers progress in their Business 4.0™ journeys. As of September 30, 2018, over 278,000 employees had been trained in digital technologies.
At the core of TCS’s organic talent development strategy has been its Digital Learning Platform, which offers employees an integrated ecosystem combining virtual, physical and experiential learning infrastructure with high-quality content, available any place, any time and on any device. There are virtual development environments where they can try out their learning with a social connect, so they can consult peers. Additionally, there is a focus on enhancing the learning experience through simulations, gamified learning, and adaptive assessments.
The globally available learning platform has removed geographic boundaries, giving TCS’s reskilling program the benefit of both scale and speed. TCS’s inclusive learning approach offers the full spectrum of holistic skill development across career paths, roles, levels, and geographies, at the same time encouraging associates to explore and demonstrate talent in new areas.
“Valuing the contextual knowledge that our employees already possess and investing in equipping them with the skills they do not, has differentiated TCS from peers and resulted in superior business outcomes, as well as the best retention rates in the industry,” said Damodar Padhi, vice president and global head of talent development, TCS. "We are honored to be amongst the top 3 global organizations to receive ATD’s BEST Award."
To read about TCS’s award-winning talent development strategy in ATD’s flagship magazine, visit: https://www.td.org/magazines/td-magazine/to-foster-learning-dont-underestimate-digital