Stock Report

Welspun India wins top accolades at the Brandon Hall Global HCM Excellence Awards 2021



Posted On : 2021-08-24 15:23:13( TIMEZONE : IST )

Welspun India wins top accolades at the Brandon Hall Global HCM Excellence Awards 2021

Welspun India Limited, a global leaders of home textiles, has added another feather to its illustrious cap with its win at the Brandon Hall Global Human Capital Management Excellence Awards 2021. The company was awarded 2 Gold and 1 Silver award across three categories under the "Excellence in Learning" section.

Speaking about the awards, Rajendra Mehta, President and CHRO, Welspun India Ltd. said, "Welspun understands that Digital transformation is about being more agile, analytically-driven, and being bold enough to reinvent its business by transforming the core. We recognize that any company's core consists of its people, processes, and technology that create a unique value proposition for the company, and we are consistently striving to further our digital transformation processes, in order to provide our customers comprehensive solutions for a healthier, sustainable world. We are immensely honoured to be conferred with the awards across the Excellence in Learning category by the Brandon Hall Group, one of the leading entities in the area of Human Capital Management. This a true testament to our efforts at upskilling our workforce and enabling them to develop more relevant and innovative solutions for all our stakeholders."

Welspun India Limited was awarded two Golds, the Best Certification Program and the Best Use of Blended Learning, for enabling business transformation and building higher analytical capabilities within the workforce through its Data Analytics Certification Program. This learning program is a part of, global and pan-enterprise roadmap launched by Welspun to drive the adoption of data analytics across the functions. This strategic learning initiative, was deployed by company's L&OD team is to unlock the immense potential of data by building capabilities of employees to use analytics across the business value chain. The team deployed innovative learning methods such as Gamification of complex topics, Case Studies, Capstone Project, Industry Masterclasses, Peer to Peer learning and assigning a Learner Success Mentor.

Welspun India was also conferred a Silver Award in the Best Learning Program Supporting a Change Transformation Business Strategy, which it won for enabling business transformation and scaling its ecommerce vertical via the WAVE Academy. With a firm belief that ensuring the growth and adaptability of employees across the board is essential to successful enterprise transformation, Welspun India launched the WAVE Academy as a strategic training intervention to upskill Welspun E-commerce team globally. The team designed the WAVE Academy to upskill staff to prepare them to achieve its 'Digital First' aspirations and leverage digital commerce as growth driver going forward.

Through the years, Welspun India has been consistently accelerating its focus on enabling a digital and agile culture. The company is upgrading their systems, tools, processes, and people while focusing on 'Digital as the new norm'. The entire digital transformation is based on three core principles - improving process efficiencies, real-time visibility of data with deep analytics and driving automation. The objective has always been to serve customers better and increase stakeholder value.

Shares of Welspun India Ltd was last trading in BSE at Rs. 126.15 as compared to the previous close of Rs. 118.4. The total number of shares traded during the day was 262693 in over 2642 trades.

The stock hit an intraday high of Rs. 127.8 and intraday low of 117.5. The net turnover during the day was Rs. 32473843.

Source : Equity Bulls

Keywords