A Look At Employee Training And Development Programs At NCDEX

In 2023, the number one talking point in the HR ecosystem has been reskilling and employee training with the emergence of AI tools like ChatGpt and the accentuated progress towards tech adoption in HR processes. 

This sudden shift, redefining the future of work has made companies focus with granularity towards building sound learning and development programs to keep their workforce future ready. 

While on-the-job learning and development training has become an integral part of organisations today, top companies in their segment have been putting systems and policies in place to take care of employee skills for their career progression. 

Companies like NCDEX have made specific interventions which have been received well by its employees. 

Here is a look at the programs and practices in place at the company and understand the kind of initiatives generating value for the organisation and the employees.

I. Leadership Development

• The Leader The Coach - This learning intervention was undertaken to encourage future leaders/successors of the organization. 
• The entire program had a 3 phase curriculum which had instructor-led sessions, coaching practices, assessment feedback and preparing a developmental plan.

• I Lead Program – This learning initiative helped first-time managers to understand that leaders are not those with authority, but those whom people follow. The training broadly covered building managerial confidence, team management and improving team performance. This curated curriculum with a blended learning approach of physical classrooms followed by online personal coaching sessions with assignments.
• MDPs at top Institutes – Employees were nominated for MDPs at top B Schools to provide them with industry knowledge in areas of Project Management, Strategic Thinking, Organizational Development Certification and others

II. Women Leaders Program

Mentoring for Enrichment Program – High Potential women employees are part of an ongoing mentoring program spread across 6 months to achieve the following objectives:-

a) Address Knowledge, Skills and behavioural gaps across domains.

b) Proactively address navigational barriers to enable success.

c) Address compatibility of personal and professional life.

An industry mentor has been assigned to all the women participants to provide guidance, support and encouragement as they work closely with the mentors to develop new skills, explore new ideas and pursue their goals. We believe that this program will help our women colleagues to reach their full potential and will help them in achieving their career goals.

III. TNI Achievement: Functional and Behavioural Skills 

Targeted skills development in areas such as Python, Brainstorming techniques and Ideation, Data Nuts and Bolts, Developing EQ etc was achieved through some real innovation learning campaigns

a. NCDEX Superheroes: A microlearning initiative to achieve IDP

Keeping up with our continuous innovation on ‘building learning culture”, we launched NCDEX Superheroes of Learning under the aegis of NCDEX Group Academy. The campaign ran for little more than a month in which all the departments were divided into teams based on their favorite superhero. The idea behind this was to make learning fun. The campaign was a huge success among the employees and achieved the following

objectives:

• To attain maximum traction in the completion of Individual Development Plans,
• Cultivate learning habits with gamification
• Empower learning champions to lead departmental learning objectives

A wave of enthusiasm and eagerness to learn was witnessed within the organization during the run of the campaign. Employee engagement increased through youthful communications, super points, learning badges and caricature trophies.

b. RISE Series under NCDEX Collaborative Learning Club (NCLC) – 

Through group learning forums, we have hosted specific Knowledge Sessions on a range of relevant and futuristic topics. 

Topics were chosen by SMEs within the organization and facilitated for NCDEX and Group companies.