State Bank of India (SBI) has launched the largest staff engagement programme in the banking sector to make the employees future-ready and instil a sense of pride for being part of its rich legacy to excel in work. 

Under the initiative, christened as the ‘Next LEAP’, SBI Chairman and top management executives engaged with staff across the bank to interact and gather feedback on skill adequacy, training effectiveness and suggestions to further enhance productivity and operational efficiency.

The information given to the analysts shows that a mass training programme engaged 1.75 lakh employees in a programme, `SuPer SBI: Great to Greater’, inspiring pride in the bank’s legacy and empowering them with knowledge, skills and the right attitude to ensure sustained performance and future readiness.  

To cater to knowledge management and upskilling, it also put in place a learning management system as a single source of learning that aligns with individual development plans and ensures future readiness with new-age skill sets.

“The response from the employees has been good at various levels. To encourage and recognise good performers, a new data-driven system is in place for standardised and efficient performance assessment digitally,” a senior SBI official told businessline.

A succession planning policy for all senior-level executives is in place to ensure smooth transition at all critical positions to ensure operational efficiency and recognise talent, he added. 

The staff training programmes are vital for it is a largest employees among public sector banks with 2,32,296 employees on its rolls as on March 2024.

For a bank with over 50 crore customers and a large footprint , specialised skills are particularly important to meet the aspirations of the customers as well as the career aspirationsof the employees, the official said.